Sunil Koul, Executive Director (Asia Pacific Portfolio Strategy, Global Macro Research), Goldman Sachs, says: “We have a barbell approach within the market. We have bets which we like from a more tactical value side of things, so we are overweight China A-share markets, we are overweight some of the North Asian markets which includes Japan … Read more
China’s economic forays into resource rich Central Asia, a region which shares deep historical, political and economic ties with Moscow, has created certain discomfiture in the Russian establishment. In a recent trade meet in Uzbekistan a Russian trade official emphasised that Russia and China were “equal partners with an equal share in trade turnover” in … Read more
An Electronic Voting Machine (EVM) displayed outside the office of the Election Commission of India | Photo Credit: SHASHI SHEKHAR KASHYAP Supreme Court says EVMs are accurate unless they are maligned by human bias The Supreme Court on Tuesday disagreed with the idea of a return to paper ballots to restore the “little man’s” confidence … Read more
BEIJING: A top ranking official Chinese official reaffirmed ties with North Korea during a meeting Saturday with the country’s leader Kim Jong Un in the capital Pyongyang, China‘s state media reported, in the highest-level talks between the allies in years. The visit by Zhao Leji, who ranks third in the ruling Communist Party hierarchy and … Read more
Prime Minister Justin Trudeau appears as a witness at the Public Inquiry Into Foreign Interference in Federal Electoral Processes and Democratic Institutions in Ottawa, Ontario, on April 10, 2024. | Photo Credit: AP China tried to meddle in the last two Canadian elections but the results were not impacted and it was “improbable” Beijing preferred … Read more
When Elon Musk unveiled the first Chinese-made Teslas in Shanghai in 2020, he went off script and started dancing. Peeling off his jacket, he flung it across the stage in a partial striptease. Musk had reason to celebrate. A few years earlier, with Tesla on the brink of failure, he had bet on China, which … Read more
China pledged on Monday to treat foreign companies the same way as domestic peers in a bid to attract more foreign investment, cooperation and expertise, as Asia’s largest economy moves to upgrade and strengthen its industrial chains. “China will fully guarantee national treatment for foreign companies, so that more foreign companies can invest in China … Read more
The Biden administration is considering blacklisting a number of Chinese semiconductor firms linked to Huawei Technologies Co. after the telecom giant notched a significant technological breakthrough last year, people familiar with the matter said. Such a move would mark another escalation in a US campaign to ringfence and curtail Beijing’s AI and semiconductor ambitions. It … Read more
The story so far: China held its annual parliamentary meetings known as ‘Two Sessions’ last week from March 4 to 11 to vote on legislations pre-approved by its ruling party, the Communist Party of China (CPC). The ‘Two Sessions’ event, which lasted for a week and comprised Beijing’s top political advisory body Chinese People’s Political … Read more
PENANG, Malaysia: Construction cranes still surround the brand-spanking-new plant in Kulim’s industrial park in Malaysia. But inside, legions of workers hired by Austrian tech giant AT&S are already gearing up to produce at full capacity by year’s end. Outfitted in head-to-toe coveralls, with oversized safety glasses and hard hats, they’re reminiscent of the worker bees … Read more