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    INDIA CHINA NEWS

    Poised along the Indian border, Chinese troops are there for the long haul

    The Strategic Studies Institute of the US Army War College published an in-depth report examining PLA activity along the mountainous border in Aksai Chin opposite India in 2020-21. It considered how the PLA rapidly moved troops into the region as violence flared between Chinese and Indian troops in Galwan Valley on 15-16 June 2020. However, Blasko, a former US defence attache in Beijing and Hong Kong, also provided a useful assessment of current and future conditions along the Line of Actual Control (LAC).

    Stocks in news: Patanjali Foods, IOL Chemicals, Carysil, Tata Steel, Coal India

    Coal India's coal production rose 8% to 189.3 million tonnes in the first quarter. Patanjali Foods approved the acquisition of the home and personal care business. DCX Systems received a Rs 1,250 crore order.

    India catching up with China, Vietnam on phone exports

    India is rapidly narrowing the gap with China and Vietnam in mobile phone exports. In FY24, while mobile phone exports from China and Vietnam declined by 2.78% and 17.6% respectively, Indian exports surged by 40.5%, according to officials citing global trade data. India has captured nearly 50% of the reduction in mobile phone exports from these two countries, aligning with its objective of absorbing a significant portion of the supply chain shift from China.

    'Kind' thief who stole watch, laptop leaves 'helpful' note for owner saying this...

    (Google trends) The police identified the thief as Sang. He climbed the building's wall to get in and stole a watch and an Apple MacBook. While inside, he gathered mobile phones and laptops, piled them on a desk, wrote a note, and left it under the pile of devices.

    US eyes India for STEM talent, China for humanities students: US diplomat

    Campbell urged for increased Indian students in American universities for technology fields while cautioning restrictions on Chinese students' access to sensitive technology due to U.S.-China scientific cooperation concerns.

    Xi continues his drive to purify the PLA and instill loyalty

    Xi is heavily involved in military appointments and promotions, supposedly of candidates who are reliable, competent and loyal. Yet with so much cash being splashed around in ever-increasing defence budgets, some high-up officers in the PLA have seized the opportunity to profit personally.

    • India starts preparing for a China-like population problem

      Falling fertility rates have left India staring at the spectre of looming demographic challenges that have caused big problems for other Asian powerhouses such as China and Japan. The government is now beginning to plan for an aging India which could be a reality within a decade or two.

      G7 Summit commits to promoting India-Middle East-Europe Economic Corridor

      At the G7 Summit, the Group of Seven industrialized nations committed to promoting infrastructure projects such as the India-Middle East-Europe Economic Corridor (IMEC), reaffirming a commitment to a "free and open Indo-Pacific." Prime Minister Narendra Modi attended the summit at the invitation of Italian Prime Minister Giorgia Meloni.

      High tariffs on EVs to protect from Chinese imports, says trade ministry

      India's trade department said on Friday that the country's car market is "well-protected" through high tariffs on the import of electric vehicles, at a time when other major economies like the European Union have slapped tariffs on Chinese EVs.

      Safeguarding India's border will remain topmost priority: Rajnath Singh

      Defence Minister Rajnath Singh, retained in his role in the new government, reaffirmed India's commitment to safeguarding its borders and strengthening defence manufacturing and exports. Singh emphasized the priority of protecting India's integrity and sovereignty under the visionary leadership of Prime Minister Narendra Modi.

      Third term for Modi likely to see closer defense ties with US as India's rivalry with China grows

      Prime Minister Narendra Modi emphasizes on boosting India's military preparedness and clout, focusing on expanding defense production and exports to counter China's influence in the Indo-Pacific region.

      Rs 31,09,459 crore m-cap loss! Correction the start of a stock picker’s market

      Lower-than-expected BJP seats erase Nifty gains. Nifty falls by 5.93%, still trades expensively. India and Japan rally on economic growth and reforms. Overseas investors sell Indian shares, moving to cheaper markets like China.

      Maldives and China discuss further bolstering defence ties

      After Maldives and China signed a defence agreement on March 4, President Mohamed Muizzu, who is perceived to be pro-China, announced that Beijing would supply military equipment and train soldiers under the agreement but offered no details, the portal said. Two days later, Muizzu announced that the Maldives would get free "non-lethal" military equipment and training from China's military under the agreement and underlined that it would further strengthen the Indian Ocean island nation's independence and autonomy.

      India's helicopters being flown with Maldives defence personnel onboard: media report

      Weeks after India withdrew its military personnel from the Maldives, the two helicopters gifted by New Delhi are still operational, flown with a Maldives National Defence Force (MNDF) soldier on board. President Mohamed Muizzu, who pledged to remove Indian military presence, saw the repatriation of the last personnel by May 10. India replaced its military staff with civilians to continue operating the donated helicopters and Dornier aircraft, used for medical evacuations and humanitarian missions, maintaining defense ties despite local political changes.

      "Not in favour of CPEC": India reiterates its stance on PoJK

      MEA spokesperson reaffirms India's claim on Jammu and Kashmir, opposes CPEC. Pakistan and China strengthen CPEC cooperation. Baloch activist raises human rights concerns at UN regarding CPEC impact on Balochistan.

      India vs China: Watch as Indian troops triumph in Sudan UN Peacekeeping tug of war

      Indian and Chinese troops recently engaged in a friendly "Tug of War" during their deployment in Sudan as part of a United Nations Peacekeeping mission. The Indian team emerged victorious, drawing cheers from their supporters. This event highlights the camaraderie and spirit of international cooperation among UN peacekeepers. The UN peacekeeping efforts are commemorated annually on May 29, honoring the sacrifices and dedication of personnel worldwide, with India being a significant contributor.

      Foreign-themed mutual funds rally up to 80% in a year. Should you go international?

      International funds, including top performers like Mirae Asset NYSE FANG+ETF FoF, showed strong growth. However, concerns arise with Sebi's restrictions on overseas ETF investments and varying earnings growth in indices like Hang Seng and CSI 300.

      India will have to find ways to reduce India Inc’s over-reliance on a belligerent neighbour

      It is clear that the government will not opt for irrational curbs on imports because that can derail several industries. But it will have to find ways to reduce reliance on a belligerent neighbour that is relentlessly fortifying its position on the LAC.

      New star wars plan: US rushes to counter Chinese and Russian threats in orbit

      US Defense Department is looking to acquire a new generation of ground- and space-based tools that will allow it to defend its satellite network from attack and, if necessary, to disrupt or disable enemy spacecraft in orbit, Pentagon officials have said in a series of interviews, speeches and recent statements.

      Not ignoring business with China, but need to be alert: Jaishankar

      Speaking at a panel discussion at CII Annual Business Summit, Jaishankar said that as far as national security goes, it is more complex with China.

      India could become 3rd largest economy by 2027-28, extreme poverty in rural areas largely conquered: Arvind Panagariya

      Arvind Panagariya, Chairman of the 16th Finance Commission, predicts that India could become the world's third-largest economy by 2027-28 if it sustains its growth trajectory of the past two decades. He notes that extreme poverty, which currently affects less than 3% of the population, has significantly declined, especially in rural areas. Panagariya emphasizes the need to address under-employment in agriculture by transitioning workers to the industrial and services sectors for faster urbanization.

      India’s strong institutional mechanism to prevent potential dumping of Chinese goods: Official

      As per a report of economic think-tank GTRI, the escalation of the trade war between the US and China may push Beijing to dump goods in the Indian markets.

      China's third aircraft carrier heads to sea for the first time

      China's third aircraft carrier, Fujian, showcases advanced technology with catapults for aircraft, aiming for a fleet of six carriers for operational maturity. Collin Koh highlights the strategic plan for China's carrier fleet expansion, emphasizing the significance of Type 003 carriers.

      What does China's third aircraft carrier's sea trials mean for India

      China's third aircraft carrier, Fujian, has embarked on its maiden trials, signaling the country's naval expansion to challenge the US. With a focus on testing propulsion and electrical systems, the trials are expected to last two years before the carrier joins the fleet in five years. Fujian is the largest and most advanced Chinese aircraft carrier, equipped with the Electromagnetic Aircraft Launch System (EMALS) for smoother, more efficient aircraft launches. China's naval modernization is seen as a strategic move to assert dominance in the Indo-Pacific region.

      China is buying gold like there's no tomorrow

      Often considered a safe investment during times of geopolitical and economic turmoil, gold has soared in price in response to Russia's invasion of Ukraine and the war in the Gaza Strip. But gold's climb to highs above $2,400 per ounce has proved more resilient, and lasted longer, because of China.

      China's drone near Philippines coincides with India's BrahMos delivery, US drills

      A Chinese drone's proximity to the Philippines, coinciding with the country's receipt of Indian BrahMos missiles and upcoming US drills, raises tensions in the region. The drone sighting over the West Philippine Sea, amid territorial disputes, underscores the strategic moves by nations to enhance their defensive capabilities.

      Pakistan sustained its nuclear programme despite economic turmoil: Top US intelligence official tells Congress

      Despite economic challenges, Pakistan continued its nuclear modernization efforts, driven by its tense relationship with India, as highlighted by Lt Gen Jeffrey Kruse, Director of the Defence Intelligence Agency, during a Congressional hearing. Pakistan seeks international support to resolve its Kashmir dispute with India and has maintained a ceasefire along the Line of Control since February 2021.

      Second batch of Indian military personnel leave Maldives: President Muizzu

      The agreement between Maldives and India is to replace the Indian military personnel stationed in Maldives to oversee the operations of the military aircraft the country has gifted with trained civilians also from India.

      China says 'great positive progress' made to resolve border row with India

      The relations between India and China have been frozen except for trade ties ever since the eastern Ladakh border standoff erupted on May 5, 2020, following a violent clash in the Pangong Tso (lake) area. The two sides have so far held 21 rounds of corps commander-level talks to resolve the standoff.

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