China will work to further shorten the time required for starting a business and better regulate the charges on businesses from industry bodies and associations in an effort to lessen corporate burdens and spur their vitality, the State Council's executive meeting chaired by Premier Li Keqiang decided on Wednesday. Click here to read....
China's crude oil imports soared to an all-time high in May, a reflection of a recovery in energy with demand getting back on track in the world's second-largest economy as business activity resumes following effective measures to contain the COVID-19 pandemic, industry insiders said.http://www.chinadaily.com.cn/a/202006/25/WS5ef3ddfea3108348172553e8.html" target="_blank">Click here to read....
China hopes India can strictly observe and implement the consensus reached with China, work with China and take real actions to restore peace and stability in the border areas, Foreign Ministry spokesperson Zhao Lijian said Wednesday. Speaking at a regular press conference, Zhao said that recently the incident in the Galwan Valley in the western section of the China-India boundary has received much attention. Click here to read....
Twenty Indian soldiers were killed and 76 injured in a violent brawl with Chinese border troops last week– the worst clash between their countries’ militaries in decades. In the conflict, soldiers on both sides did not use any firearms nor explosives. Instead, they fought barehanded, and with sticks and rocks. The restraint was based on an agreement reached in 1996. Click here to read....
Since the deadly clash between Chinese and Indian troops in the Galwan Valley on June 15, hyper-nationalism appear to have taken over India, where calls for boycotting Chinese products and footage of Indian citizens destroying TV set have been dominating social media. In China, very few take those calls and actions seriously, with some saying India waging a trade war with China is like throwing an egg at a rock. Still, to help Indian nationalists and their followers better understand the potentially devastating consequences of their words and deeds on the already fragile Indian economy as well as India's poor, the following is a GT investigation into four areas of the Indian economy where Chinese involvement is simply irreplaceable. Click here to read....
India's nationalism is growing sharply following the India-instigated border clash in the Galwan Valley, and the Indian foreign ministry and media are still spreading misinformation about the incident. Chinese experts warn Indians' boycotting Chinese products will bring no good to India. Click here to read....
China's Foreign Ministry spokesperson on Wednesday issued a statement on the recent China-India border clash, providing three key points that prove responsibility does not lie with the Chinese side. Zhao Lijian, spokesperson of China's Foreign Ministry, said on Wednesday that the rights and wrongs of the conflict are clear and that Indian border troops should bear full responsibility for the clash. Click here to read....