HSBC denies reports that it ‘fabricated evidence’ on Huawei which led to the arrest of its chief financial officer

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Beijing: London-based HSBC bank has denied Chinese media reports that it had “framed” telecom giant Huawei or “fabricated evidence” that led to the arrest of a top company official. Washington’s investigations into Huawei — for allegedly violating US sanctions on Iran — started before the bank’s involvement with the company in late 2016, the lender … Read more

CAIT presents over 10,000 rakhis for Indian soldiers to Defence Minister Rajnath Singh

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NEW DELHI: Traders’ body CAIT on Saturday presented more than 10,000 rakhis to Defence Minister Rajnath Singh designed by women entrepreneurs for Indian soldiers posted at borders with China and Pakistan, amid its campaign for boycott of Chinese goods. The rakhis handed over to Singh included ‘Modi Rakhi‘ made in Delhi. “The rakhis handed over … Read more

India must try for Quadrilateral FTA after closing US trade deal, suggests USISPF

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NEW DELHI: A key cross-national industry body has pitched for an economic partnership deal between India, the United States, Japan and Australia – an informal security forum commonly known as the Quad, for Quadrilateral Security Dialogue. New Delhi should look at closing a small trade deal with the United States before the US Presidential elections … Read more

White Knights rescuing damsels in distress live in fairy tales, not in China

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By Shuli Ren When was the last time you encountered a white knight? Hiding out from Hong Kong’s latest wave of the coronavirus, I haven’t seen a human for days, forget about getting rescued. China Inc. is probably feeling the same way — too many damsels in distress and not enough white knights to go … Read more

Wearing a Mask? It May Come From China’s Controversial Labor Program

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If you are one of the millions of people around the world wearing a face mask because of the coronavirus pandemic, this footage may concern you. It shows a group of Uighurs arriving at a textile company that started producing masks in response to the pandemic. The Uighurs are a long-persecuted, largely Muslim ethnic minority. … Read more

China’s ambassador to the US: Is America willing to live with China?

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Cui spoke with CNN’s Fareed Zakaria in an exclusive interview on Saturday, after a dizzying few days in the souring relationship between the US and China. Earlier this week, it emerged that the White House is reportedly considering banning members of the Chinese Communist Party from entering the US, and on Thursday the Chinese Ministry … Read more

China ‘bigger threat to India’ than Pakistan: Sharad Pawar

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Amid the border tension with China, NCP President Sharad Pawar has said China is a “bigger threat to India” than Pakistan. China’s military might is “ten times greater” than India, the former defence minister said, adding that Beijing has “weaned away” India’s neighbours to its side. The Centre should try to put international pressure on … Read more

View: India isn’t alone in dharmayuddha against Beijing

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By Swapan Dasgupta It is unlikely that anyone in the Indian government seriously considers the terms of the India-China military disengagement in the Ladakh sector of the Line of Actual Control to be anything but a temporary truce. While agreeing to halt its creeping aggression in the short run, China has also made it clear … Read more

China’s CanSino in talks for COVID-19 vaccine Phase III trial overseas

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SUZHOU/BEIJING: Chinese vaccine developer CanSino Biologics is in talks with Russia, Brazil, Chile and Saudi Arabia to launch a Phase III trial of its experimental COVID-19 vaccine, its co-founder said on Saturday. China‘s success in driving down COVID-19 infections has made it harder to conduct large-scale vaccine trials, and so far only a few countries … Read more

Wuhan shows world how economies may recover after the virus

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Three months after it reopened its economy, Wuhan’s uneven recovery offers a glimpse of the hard road back to normality for cities after containing the coronavirus. As of May, factory output, retail sales and exports in the city were nowhere near the same level as last year. That’s even though some factories worked throughout the … Read more