China
China not mincing words about downturn in ties with India
Global Times reported these statements made by Chinese State Councilor and Foreign Minister Wang Yi during his meeting with Indian External Affairs Minister S. Jaishankar on the sidelines of the Shanghai Cooperation Organization (SCO) foreign ministers' meeting in Dushanbe, Tajikistan. Wang referred to the "downturn" more than once during his meet with Jaishankar.
Failed BRI projects & NPLs trouble China's banks
Chinas banks are under stress with rising levels of bad assets. As the Covid 19 pandemic hit world economy, which led to delay in many projects, the countrys lenders could see a further rise in their non performing assets -- loans that do not fetch any returns. Earlier, a report by South China Morning Post, quoting government data, noted that Chinese banks had a record high of $466.9 billion in NPA.
India set to showcase support of giant transport corridors in Central Asia that exclude China
The discussions have already begun as Jaishankar met Uzbekistan Foreign Minister Abdulaziz Kamilov and Mohammed Haneef Atmar, the Foreign Minister of Afghanistan on Tuesday, just before the foreign ministers got into a huddle for the SCO Council and the SCO Contact Group on Afghanistan meeting being held in Dushanbe today. Integration of the International North South Transport Corridor (INSTC) and the Chabahar route has been India's prime focus.
China supports Afghanistan to build inclusive govt on its own: Wang
China supports all efforts conducive to achieving the above goals, and is willing to communicate and coordinate with all parties, conduct diplomatic mediation and provide necessary convenience for this purpose, Wang added. Wang made the remarks at a joint press meeting with Tajik Foreign Minister Sirojiddin Muhriddin, responding to a question on a recent U.S. announcement that it will complete its military operations in Afghanistan on August 31,
17 killed in building collapses in east China's Jiangsu
Seventeen people have been killed and five others injured after an annex to a hotel collapsed in the city of Suzhou, in east China's Jiangsu Province, local authorities said Wednesday. The accident took place at around 3:33 p.m. Monday, during which 23 people were trapped, according to the rescue headquarters. The rescue operation ended at 9 a.m. Wednesday.
China arrests elite Uyghur business owners
Then, Eli was accused of being a separatist and disappeared into the black box of China's prison system in the northwest Xinjiang region, the report said. "He did not engage in politics," said Maria Mohammad, who last heard from her husband in June 2018, shortly before he was detained. Instead, she believes, Eli was targeted in part because he was a rich businessman, giving him influence that the authorities viewed as a threat.
Pak expresses confidence on China, but says there are no free lunches
"Pakistan-China relationship or Sri Lanka-China relationship all the engagements we are undertaking with the Chinese government I think a lot depends on how our leadership handles," said the High Commissioner when the media questioned whether countries like Sri Lanka and Pakistan have entrapped to China's emerging as a super power in the region.
In blow to China, Maldives holds naval exercises with India
Navies from India and Maldives participated in the fourth edition of Ekatha exercise, with Male making a statement that it is India and not China which will serve as the net security provider of Maldives. A pivotal nation in the Indian Ocean Region (IOR), Maldives is strategically located close to key international shipping lanes.
China bullies Malaysia for oil & gas quest in South China Sea: US think tank
The US organisation has said that stand-offs between China and other countries in the region continue to take place on a regular basis, though only some get reported widely. A US think tank has said that China is discouraging competitor countries in the South China Sea (SCS) over oil and gas explorations. The report says that China is "challenging its neighbors' oil and gas activities within their own exclusive economic zones".
China pulls out citizens from Afghanistan as first step of a long game
Chinese state media reported that on Friday, China had sent a special Xiamen Air flight to Kabul, ahead of the rapid withdrawal of US and NATO forces from the country, after a two decade long turbulent stay. While the withdrawal of nationals appears to be part of a security protocol, it does not signal that China is inclined to lower its engagement with Afghanistan'a country that has a prized strategic location.
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