China: Daily Scan, June 18, 2020

Investors raise allocations for Chinese bonds: China Daily

June 18, 2020

Foreign investors are increasing fund allocations in China's booming government bond market, in anticipation of higher returns at a time when central banks in developed markets are further slashing rates, experts said. Click here to read.... [2]

Chinese FM urges closer China-India communication to maintain border peace: Xinhuanet

June 18, 2020

Chinese State Councilor and Foreign Minister Wang Yi suggested on Wednesday that China and India strengthen communication and coordination on properly addressing the border situation and jointly maintain the peace and tranquility in the border areas.Click here to read.... [3]

China, India to deal with border clash impartially: China Daily

June 18, 2020

China and India have agreed to impartially deal with the serious clash between their troops at Galwan Valley and de-escalate tension in the border area as soon as possible, State Councilor and Foreign Minister Wang Yi said on Wednesday. Click here to read.... [4]

China keen to play down India clash before key meeting with US, insiders say: South China Morning Post

June 18, 2020

China’s decision not to release details of how many soldiers might have been hurt or killed in a clash with Indian troops on Monday is probably motivated by a desire to play down the matter ahead of a key meeting with the United States, observers say. Click here to read.... [5]

In China-India Clash, Two Nationalist Leaders With Little Room to Give: The New York Times

June 17, 2020

They are both ambitious, nationalist leaders, eager to assert greater roles for their countries in a turbulent world. With major challenges at home, neither wants to risk losing face, even in a dispute over mountainous territory that is all but desolate. Click here to read.... [6]

India-China Border Dispute: A Conflict Explained The New York Times

June 17, 2020

The most violent encounter in decades between the Chinese and Indian armies arrayed along a disputed border high in the Himalayas did not involve any exchange of gunfire. Click here to read.... [7]

Border peace basis for healthy China-India ties: Global Times editorial: Global Times

June 17, 2020

Chinese State Councilor and Foreign Minister Wang Yi on Wednesday talked to Indian External Affairs Minister S Jaishankar on the phone. The two sides agreed to fairly deal with the serious clashes between Chinese and Indian troops at the Galwan Valley, and adhere to the consensus reached by their military leaders to cool the situation down. Click here to read.... [8]

Hegemonic nature of US Indo-Pacific Strategy exposed: Global Times

June 17, 2020

The US Senate Committee on Armed Services approved its version of the Fiscal Year 2021 National Defense Authorization Act on June 11. The act establishes the so-called Pacific Deterrence Initiative - a new military fund to increase deterrence against China in the Pacific. The US also mobilized three aircraft carriers on June 11 to patrol the Indo-Pacific waters. The US has recently intensified its Indo-Pacific Strategy, ramping up efforts to contain China. Click here to read.... [9]

Modi needs sound economy to ease border tensions: Global Times

June 17 2020

Due to its previous nationwide coronavirus lockdown, India's economy is now experiencing serious difficulties, with S&P Global Ratings forecasting a 5 percent contraction in the current fiscal year. We hope the Modi government can resolutely fight the pandemic and lift its economy out of the current situation. Otherwise, the country's nationalist sentiment derived from prevailing poverty and other social issues will only put more pressure on the development of China-India relations. Click here to read.... [10]

India should curb ‘boycott China’ voices after border clash: Global Times

June 17, 2020

Following a fatal physical clash between Chinese and Indian border defense troops in the Galwan Valley region, some extreme anti-China groups and individuals in India have been promoting a China "boycott." Click here to read.... [11]