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India Army uses Israeli Heron drone, mulls new battle model to counter China

Indian Army is monitoring Chinese activity along LAC using high-tech platforms (ANI File)
Indian Army is monitoring Chinese activity along LAC using high-tech platforms (ANI File)
Published on Oct 19, 2021 10:34 PM IST
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Evergrande deal to sell 51% in property services unit put on hold: Report

Evergrande is scrambling to raise funds to pay its many lenders and suppliers, amid concerns about a possible offshore default later this week after it missed a series of interest payments due on its bonds.
Evergrande, teetering on the brink of collapse with more than $300 billion in debt(REUTERS)
Evergrande, teetering on the brink of collapse with more than $300 billion in debt(REUTERS)
Published on Oct 19, 2021 05:29 PM IST
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Reuters | , Hong Kong/shanghai

Moon rocks brought back by China show recent volcanic activity on lunar surface

  • China's robotic spacecraft that went to the Moon last year brought back Moon rocks that have provided a new insight into lunar volcanic activity more recent than earlier thought.
Visitors at the National Museum look at a display of the lunar rock samples retrieved from the moon by China's Chang'e 5 lunar lander late last year in Beijing. (AP Photo/Ng Han Guan, File)
Visitors at the National Museum look at a display of the lunar rock samples retrieved from the moon by China's Chang'e 5 lunar lander late last year in Beijing. (AP Photo/Ng Han Guan, File)
Published on Oct 19, 2021 05:06 PM IST
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AP | , Beijing

China’s ‘hypersonic missile’ raises concerns over weakness in US defences

If the missile test is confirmed, it would suggest that Chinese President Xi Jinping may be exploring orbital strikes as a way to counter American advancements in shooting down ballistic missiles before they can threaten the US homeland.
A hypersonic air-breathing weapons concept (HAWC) missile as seen in an artist's conception. (Image via REUTERS)
A hypersonic air-breathing weapons concept (HAWC) missile as seen in an artist's conception. (Image via REUTERS)
Published on Oct 19, 2021 12:27 PM IST
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Bloomberg |

China's real estate, construction sectors shrink for 1st time since Covid began

Tuesday's report also showed growth in China's manufacturing output slowed to 4.6 per cent in the third quarter, down from 9.2 per cent in the previous three months, as production curbs at factories battling ongoing energy shortages began to bite.
Property and construction are pillars of the Chinese economy, underpinning other important sectors such as commodities and furnishings. (File Photo / REUTERS)
Property and construction are pillars of the Chinese economy, underpinning other important sectors such as commodities and furnishings. (File Photo / REUTERS)
Published on Oct 19, 2021 11:23 AM IST
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AFP |

US says won't join Afghanistan talks announced by Russia. Here's why

Russian envoy Zamir Kabulov on Friday announced the four-nation talks in Moscow, saying they would aim to “work out a common position on the changing situation in Afghanistan.”
US state department spokesman Ned Price in Washington, DC, on August 18, 2021. (File Photo / REUTERS)
US state department spokesman Ned Price in Washington, DC, on August 18, 2021. (File Photo / REUTERS)
Published on Oct 19, 2021 06:56 AM IST
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AFP |

India boosts vigil along LAC

  • The use of latest technology at the mountain division’s hi-tech surveillance centre is playing a critical role in tracking the developments and PLA activities along LAC in Arunachal Pradesh and across it, Minwalla said.
While eastern Ladakh is the focus of the current round of border tensions between India and China, the Indian Army is also keeping a strict vigil on the eastern front.
While eastern Ladakh is the focus of the current round of border tensions between India and China, the Indian Army is also keeping a strict vigil on the eastern front.
Published on Oct 19, 2021 12:18 AM IST
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We tested ‘space vehicle’ and not a hypersonic missile, clarifies Chinese govt

  • Asked to share details about the reported testing, the Chinese foreign ministry on Monday denied it.
He said the test was done to study if it’s possible to cut the cost of spacecraft use, providing an inexpensive way to use space for peaceful purposes.(Xinhua news agency via AP)
He said the test was done to study if it’s possible to cut the cost of spacecraft use, providing an inexpensive way to use space for peaceful purposes.(Xinhua news agency via AP)
Published on Oct 19, 2021 12:01 AM IST
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By Sutirtho Patranobis, Hindustan Times, Beijing

China growth slows as energy crisis, real estate debt hits economy | Explained

WHAT IS BEHIND CHINA'S ECONOMIC SLOWDOWN?
WHAT IS BEHIND CHINA'S ECONOMIC SLOWDOWN?
Published on Oct 18, 2021 06:26 PM IST
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'It was a space vehicle': China denies report of hypersonic missile test

The United States is closely watching China's military modernisation programme to assess the possible risks posed to it by its increasingly assertive strategic competitor.
Chinese Foreign Ministry spokesman Zhao Lijian said the test had taken place in July, not in August as reported by the Financial Times.(Reuters)
Chinese Foreign Ministry spokesman Zhao Lijian said the test had taken place in July, not in August as reported by the Financial Times.(Reuters)
Published on Oct 18, 2021 03:35 PM IST
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Reuters |

China growth slides to 4.9% in third quarter

  • The latest figure disappointed expectations of 5.0 percent growth predicted by analysts polled by AFP, and was a sharp three percentage points down from the 7.9 percent expansion in the April to June period.
People walk along at financial district of Lujiazui in Shanghai, China.(REUTERS)
People walk along at financial district of Lujiazui in Shanghai, China.(REUTERS)
Updated on Oct 18, 2021 08:22 AM IST
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AFP |

China tests space capability, launches nuclear-capable missile: Report

  • FT sources said the hypersonic glide vehicle was carried by a Long March rocket, launches of which it usually announces, though the August test was kept under wraps.
Hypersonic missiles, like traditional ballistic missiles which can deliver nuclear weapons, can fly at more than five times the speed of sound.(AFP/Representative Image)
Hypersonic missiles, like traditional ballistic missiles which can deliver nuclear weapons, can fly at more than five times the speed of sound.(AFP/Representative Image)
Updated on Oct 17, 2021 05:16 AM IST
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AFP |

China launches 3-person crew to its space station on 6-month mission

The crew’s scheduled activities include up to three spacewalks to install equipment in preparation for expanding the station, assessing living conditions in the module and conducting experiments in space medicine and other fields.
The crewed spaceship Shenzhou-13, atop a Long March-2F carrier rocket being launched from the Jiuquan Satellite Launch Center in northwest China's Gobi Desert,(Xinhua news agency via AP)
The crewed spaceship Shenzhou-13, atop a Long March-2F carrier rocket being launched from the Jiuquan Satellite Launch Center in northwest China's Gobi Desert,(Xinhua news agency via AP)
Published on Oct 15, 2021 10:48 PM IST
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AP | , Beijing

'How to lose friends': Rahul Gandhi takes swipe at Centre after Bhutan-China MoU

  • Bhutan and China signed an agreement on a “three-step roadmap” for expediting the boundary negotiations.
Rahul Gandhi said the government’s foreign policy is to “lose friends and influence nobody”.(AFP)
Rahul Gandhi said the government’s foreign policy is to “lose friends and influence nobody”.(AFP)
Published on Oct 15, 2021 07:21 PM IST
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India cautious as Bhutan, China sign pact

Bhutan’s foreign minister Tandi Dorji and China’s assistant foreign minister Wu Jianghao signed the MoU during a virtual ceremony. 
Bhutan and China on Thursday signed a memorandum of understanding (MoU) on a roadmap for expediting negotiations on their boundary dispute. (MINISTRY OF FOREIGN AFFAIRS/ROYAL GOVT OF BHUTAN.)
Bhutan and China on Thursday signed a memorandum of understanding (MoU) on a roadmap for expediting negotiations on their boundary dispute. (MINISTRY OF FOREIGN AFFAIRS/ROYAL GOVT OF BHUTAN.)
Updated on Oct 15, 2021 04:29 AM IST
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By Rezaul H Laskar, Hindustan Times, New Delhi

China launches its first solar exploration satellite aboard Long March-2D rocket

The satellite was launched aboard a Long March-2D rocket and entered its planned orbit successfully.
China sends its first solar exploration satellite.(Representational image)
China sends its first solar exploration satellite.(Representational image)
Published on Oct 14, 2021 05:41 PM IST
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PTI | , Beijing

China warns against 'manipulation' as WHO renews virus origin probe 

  • Beijing has previously been accused of withholding raw data on early cases during a visit by a WHO team in February.
A man wearing a protective suit is seen on a street in Wuhan, Hubei province, the epicentre of China's coronavirus disease.(Reuters Photo)
A man wearing a protective suit is seen on a street in Wuhan, Hubei province, the epicentre of China's coronavirus disease.(Reuters Photo)
Published on Oct 14, 2021 05:08 PM IST
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AP | , Beijing

China property shares pummelled as Evergrande impact widens

Growing risks in the sector led rating agency S&P Global to deliver fresh downgrades to two of the sector's bigger firms, Greenland Holdings - which has built some of the world's tallest residential towers - and E-house, and warn it could cut their ratings further.
Property shares have fallen nearly 19% this year, compared to a 5.5% fall for the CSI300.(Reuters | Representational image)
Property shares have fallen nearly 19% this year, compared to a 5.5% fall for the CSI300.(Reuters | Representational image)
Published on Oct 14, 2021 01:51 PM IST
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Reuters | , Shanghai

WHO forms 'last chance' to find Covid-19 origins, urges China to provide data

Despite first human cases of Covid-19 reported in Wuhan, China has repeatedly dismissed theories. A WHO-led team spent four weeks in and around Wuhan earlier this year, insisting that the virus had probably been transmitted from bats to humans through another animal but further research was needed.
Security personnel keep watch outside Wuhan Institute of Virology during the visit by the World Health Organization (WHO) team tasked with investigating the origins of the coronavirus disease (Covid-19), in Wuhan, Hubei province, China(REUTERS/Thomas Peter/File Photo)
Security personnel keep watch outside Wuhan Institute of Virology during the visit by the World Health Organization (WHO) team tasked with investigating the origins of the coronavirus disease (Covid-19), in Wuhan, Hubei province, China(REUTERS/Thomas Peter/File Photo)
Updated on Oct 14, 2021 08:04 AM IST
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Reuters | | Posted by Zarafshan Shiraz, Geneva

Hong Kong sculpture commemorating Tiananmen Square massacre, still on campus

The University of Hong Kong had ordered the towering, two-ton Pillar of Shame, commemorating the 1989 Tiananmen Square crackdown, to be removed from its property by 5 pm Wednesday after receiving a risk assessment and legal advice
A woman walks in front of the
A woman walks in front of the "Pillar of Shame" statue, a memorial for those killed in the 1989 Tiananmen crackdown, at the University of Hong Kong, Danish artist Jens Galschioet is seeking to get back his sculpture in Hong Kong memorializing the victims of China's 1989 Tiananmen Square crackdown as a deadline loomed for its removal.(AP Photo/Kin Cheung)
Updated on Oct 14, 2021 07:48 AM IST
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Bloomberg | | Posted by Zarafshan Shiraz

US calls out Cambodia for non transparency over Chinese activity at navy base

  • The United States accused Cambodia of being opaque about Chinese construction activities taking place at its biggest naval base.
FILE PHOTO: Sailors stand guard at the Cambodian Ream Naval Base in Sihanoukville, Cambodia, July 26, 2019. (REUTERS/Samrang Pring)
FILE PHOTO: Sailors stand guard at the Cambodian Ream Naval Base in Sihanoukville, Cambodia, July 26, 2019. (REUTERS/Samrang Pring)
Published on Oct 13, 2021 07:55 PM IST
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Reuters |

US replaces China as world’s biggest Bitcoin miner

At the end of August, America accounted for 35.4% of the global hash rate, a measure of computing power used to extract the digital currency, according to a Cambridge Centre for Alternative Finance study published on Wednesday.
The surge in the US' relative share has been driven by China’s move to whittle down the industry to control financial risk.(Reuters)
The surge in the US' relative share has been driven by China’s move to whittle down the industry to control financial risk.(Reuters)
Published on Oct 13, 2021 03:35 PM IST
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Bloomberg |

China's real estate industry body to hold meeting amid Evergrande crisis

  • According to the Chinese state media, the meeting will bring in high-level executives from housing enterprises to probe the problems in the housing market and address the turbulence.
Evergrande, China's second-biggest real estate developer, is marred with debt it cannot pay back.(MINT_PRINT)
Evergrande, China's second-biggest real estate developer, is marred with debt it cannot pay back.(MINT_PRINT)
Updated on Oct 13, 2021 11:52 AM IST
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ANI | , Beijing

'India one of countries to have made effort to meet emission target'

  • A former government adviser on Tuesday said that India is at the forefront of making serious efforts towards achieving climate change targets but, stressed, there is a need to set up manufacturing units of solar panels to reduce the dependency on China.
Representational image (Raj K Raj/HT PHOTO)
Representational image (Raj K Raj/HT PHOTO)
Updated on Oct 12, 2021 10:40 PM IST
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ANI | | Posted by Shubhangi Gupta, Hindustan Times, New Delhi

IMF cuts China growth forecast for 2021 and 2022

  • The world's second-largest economy was the only major one to expand last year after the coronavirus pandemic forced governments across the globe to lockdown.
The downward adjustment is the IMF's second since April, when it pegged full-year growth at 8.4 percent.(AP)
The downward adjustment is the IMF's second since April, when it pegged full-year growth at 8.4 percent.(AP)
Published on Oct 12, 2021 06:57 PM IST
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AFP |

China calls India 'unreasonable', Delhi hits back as Ladakh talks hit a wall

India and China held 13th round of military-level talks on Ladakh tension on October 10 (Agencies)
India and China held 13th round of military-level talks on Ladakh tension on October 10 (Agencies)
Published on Oct 11, 2021 06:52 PM IST
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After threat, China tries to bully Taiwan after Taipei says 'won't bow down' 

Bully Beijing Vs bold Taiwan: China's new barb
Bully Beijing Vs bold Taiwan: China's new barb
Published on Oct 11, 2021 06:28 PM IST
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Chinese women speak out on Weibo against Beijing's ‘three-child-policy’

  • China did away with the repressive ‘one-child-policy’ in 2015 and replaced it with the ‘two-child-policy’, which was then replaced with the controversial ‘three-child-policy’ in 2021
Chinese citizens took to Weibo a day after this policy change was announced on May 31, complaining of rising education expenses, long work hours, lack of access to proper child care services, and sky high real estate prices.(AP)
Chinese citizens took to Weibo a day after this policy change was announced on May 31, complaining of rising education expenses, long work hours, lack of access to proper child care services, and sky high real estate prices.(AP)
Published on Oct 11, 2021 04:26 PM IST
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By hindustantimes.com | Written by Ayshee Bhaduri | Edited by Avik Roy, Hindustan Times, New Delhi

How Evergrande founder Hui Ka Yan is trying to save his empire

Four years after vying with Jack Ma for the title of Asia’s richest man, Evergrande chairman Hui Ka Yan’s fortune is plunging and his sprawling real estate empire is on the verge of collapse.
Hui Ka Yan, chairman of Evergrande Real Estate Group Ltd. (REUTERS)
Hui Ka Yan, chairman of Evergrande Real Estate Group Ltd. (REUTERS)
Published on Oct 11, 2021 03:17 PM IST
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Bloomberg |

Chinese builders are scrambling for ways to avoid bond defaults

  • Beijing’s clampdown on the real estate sector and uncertainty over the future of giant China Evergrande Group has prompted rising default risks for the broader industry as weaker-rated developers struggle to meet upcoming obligations.
There’s growing alarm that Evergrande’s liquidity crisis is spilling over to other developers(REUTERS)
There’s growing alarm that Evergrande’s liquidity crisis is spilling over to other developers(REUTERS)
Published on Oct 11, 2021 12:50 PM IST
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Bloomberg |
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Wednesday, October 20, 2021