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Showing posts with label China. Show all posts
Showing posts with label China. Show all posts

Monday, July 22, 2019

Chinese-funded water project to help ease water shortage in Quetta, Pakistan

Chinese-funded water project to help ease water shortage in Quetta, Pakistan

Chinese-funded water project to help ease water shortage in Quetta, Pakistan


QUETTA, Pakistan, July 22 (Xinhua) -- The Chinese Embassy in Pakistan has handed over a sustainable water project to Pakistan's southwest provincial capital Quetta as part of China's ongoing efforts to build more social development projects in the country.

Minister Counsellor of the Chinese Embassy Zhao Lijian on Sunday inaugurated the project of five ready-to-use solar-powered tube wells and gave it to Quetta's Water and Sanitation Authority (WASA), the sole water distributor in the provincial capital of the southwest Balochistan province.

Managing Director of WASA Mujeeb Ur Rehman Qambrani told Xinhua here that Quetta, with a population of 2.5 million people, is undergoing drinking water issues owing to rapid urbanization, increasing population growth and alarming underground water depletion.

During the handover ceremony, Zhao said the project is a gift from the Chinese Embassy for the people of Quetta, adding that several projects like the tube well program have already been started in different parts of Balochistan, especially in southwest Gwadar city.

Deputy Speaker of the National Assembly of Pakistan's Parliament Qasim Suri said that his hometown Quetta has been suffering from water shortage for the last several years. He appreciated China's quick response on the Pakistani side's request and established the tube wells.

A local businessman, Haji Jalil, told Xinhua that they had to spend a big portion of their incomes to buy water, but now he hoped that they would be able to save their money to spend on other needs.




Saturday, July 13, 2019

Chinese firms to invest $5 billion in 3-5 years, PM told (via Dawn)

Chinese firms to invest $5 billion in 3-5 years, PM told (via Dawn)

Chinese firms to invest $5 billion in 3-5 years, PM told (via Dawn)

                 

ISLAMABAD: Leading Chinese companies on Friday assured Prime Minister Imran Khan that they would invest $5 billion in different sectors in Pakistan in the next three to five years.

The assurance was extended to the prime minister by a Chinese delegation, comprising more than 55 executives and heads of leading Chinese companies, during a meeting at the Prime Minister Office (PMO).

FederalMinisterforPlanning Makhdoom Khusro Bakhtiar, Adviser to the PM on Finance Dr Abdul Hafeez Shaikh,Adviser to the PM on Commerce Abdul Razak Dawood, Board of Investment chairman Syed Zubair Haider Gilani and Federal Board of RevenueChairman Syed Shabbar Zaidi, besides Chinese Ambassador Yao Jing, were also present.

An official press release issued by the PMO said that theChinese business executives expressed conndence in the business-f riendly policies of the government and committed to investing $5bn over a period ofthree to five years in various small and medium size industrial sectors.

The delegation represented various sectors including construction, machinery, glass, automobile, power, transportation, information technology and technological research.

The visit of the largest ever Chinese delegation to Pakistan is said to be a follow-up of the prime minister`s recent visit to China and inking of agreements to enhance bilateral cooperation in dif ferent areas.

Prime Minister Khan welcomed the Chinese delegation and said China has always been a trusted partner of Pakistan.

The prime minister was quoted as saying that the sagacity, wisdom and vision of the Chinese leadership for peace and development, good governance and poverty alleviation was impressive and worth emulating.

`The interest of Chinese com-panies in investment and relocating business and industrial units to Pakistan reflects the trust of Chinese side in the growing economy of our country and a strong desire to translate Pak-China equation into a win-win economic p artnership, he added.

`Our government is facilitating investors and reducing impediments to doing business.

Partnership with Chinese companies and their investment will yield multiple benefits for both the countries, including employment generation, transfer of technology and economic growth,` the prime minister said.

Talking about the ChinaPakistan Economic Corridor, he reiterated that CPEC would prove to be a game-changer project in respect of enhancing trade activities and further cementing bilateral relations. `Fast-track implementation of the CPEC projects is our priority and a special unit set up in the Planning Division is overseeing implementation of various projects,` he added.

The Chinese ambassador said that investors from his country had observed fundamental improvement in government policies andcementing bilateral relations. `Fast-track implementation of the CPEC projects is our priority and a special unit set up in the Planning Division is overseeing implementation of various projects,` he added.

The Chinese ambassador said that investors from his country had observed fundamental improvement in government policies andfacilitation of foreign investors in Pakistan.

`The Chinese government would extend all possible support towards realising the vision of a strong, stable and prosperous Naya Pakistan,` he said.

The planning minister and Mr Dawood briefed the meeting about the CPEC projects and various steps being taken to facilitate business and improve ease of doing business. 




Tuesday, June 18, 2019

China earthquake death toll rises to 12 in Sichuan, Province, 135 injured

China earthquake death toll rises to 12 in Sichuan, Province, 135 injured

Search operation continues as death toll rises to 12 in SW China earthquake


Source: Xinhua| 2019-06-18 |Editor: Yamei


CHENGDU, June 18 (Xinhua) -- Twelve people died and another 135 were injured after a 6.0-magnitude earthquake hit southwest China's Sichuan Province on Monday night, the provincial bureau of emergency management said Tuesday.



The earthquake hit Changning County of Yibin at 10:55 p.m. Monday (Beijing Time), according to local authorities.

The epicenter, with a depth of 16 km, was monitored at 28.34 degrees north latitude and 104.90 degrees east longitude, according to the China Earthquake Networks Center.

Rescuers said nine people died in Changning and three in neighboring Gongxian County. Most of the deaths were caused by damaged houses.

The first round of search and rescue operations have been completed in the two counties, and no new casualties were found, according to Sichuan bureau of emergency management.

As of 11 a.m. Tuesday, the quake toppled down 73 houses and severely damaged 19 others. Nearly 4,500 people were evacuated in quake-hit areas. Direct economic loss totaled 10.82 million yuan (about 1.59 million U.S. dollars).

On Tuesday morning, 53 people were still receiving treatment in two hospitals in Changning. Among them, two are in critical conditions and six others are severely injured.

The Ministry of Emergency Management has activated an emergency response and sent a work team to the stricken areas to provide guidance in rescue and disaster relief.

The ministry and the National Food and Strategic Reserves Administration have dispatched 5,000 tents, 10,000 folding beds and 20,000 quilts to the quake-hit areas.

The first team of nine medical experts has set off for the quake-hit region while the second team stands by, according to the National Health Commission (NHC).

Team members are experts in critical care, orthopedics, psychology, epidemic control and sanitation from leading hospitals in Beijing and the Chinese Center for Disease Control and Prevention.

Three national medical emergency teams have been on call while three local medical teams of about 50 members have reached the quake-hit region.

Relief materials from the Red Cross Society of China are on the way, including tents, quilts and coats, as well as several search and rescue teams.

China's armed police forces were also dispatched for rescue soon after the earthquake.

Nearly 800 armed police forces from Sichuan set off for the epicenter for rescue efforts with professional equipment including life detectors and forcible entry tools. More than 1,000 armed police forces from Sichuan Province were assigned as mobile forces for reinforcement.

As of 8 a.m. Tuesday, a total of eight buried people were retrieved from the debris, and over 600 people were relocated by the armed police forces. They have also finished transporting 12 tonnes of supplies and put up over 120 tents.

The quake caused a major highway connecting Yibin and Xuyong County of Sichuan's Luzhou City to be closed. Some sections of other roads were also blocked or closed.

In the provincial capital Chengdu, an early warning system alarmed the public through multiple broadcasting systems about one minute before the earthquake struck. The same system alerted residents in Yibin 10 seconds before the quake hit.

The early warning system uses the theory that radio waves travel faster than seismic waves.

Earthquake research has found that being aware of an earthquake three seconds beforehand can save 14 percent of casualties, 10 seconds can save 39 percent of casualties and 20 seconds can save 63 percent of casualties.




Friday, May 24, 2019

US restrictions on Huawei to obstruct global 5G network rollout, industry earnings: report

US restrictions on Huawei to obstruct global 5G network rollout, industry earnings: report




US restrictions on Huawei to obstruct global 5G network rollout, industry earnings: report



NEW YORK - The US restrictions on sale and transfer of American technologies to Chinese telecom giant Huawei would hold back the launch of 5G networks and earnings of the tech sectors across the world, Swiss leading investment bank UBS said in a latest research report.

"Lengthy restrictions on Huawei could slow the global rollout of 5G networks," said the report released on Wednesday.

"These developments increase the likelihood telecom providers take a wait-and-see approach on the dispute before making 5G purchase for their next generation networks," it added.

Assuming the current restrictions stay in place, UBS estimated that industry earnings would decline by low-single-digits percentage for the US tech players in general.

While for the Asian tech sector, such losses would expand by mid-single-digits percentage. Yet the bank saw a neutral impact for Europe's tech industry.

Washington last week declared a national emergency over what it claimed are technological threats, and announced restrictions on sale and transfer of American technologies to Huawei.

"US companies are now required to obtain licenses to transfer technology to Huawei, effectively restricting them from selling new components, chips or software to the Chinese company and its 70 affiliates without prior US government approval," UBS explained to its clients.

Yet the US Department of Commerce on Monday issued a 90-day temporary license, effective from May 20 to Aug 19, which allows "specific limited engagement in transactions involving the export, reexport, and transfer of items" to Huawei.

"However, rather than a reprieve for the Chinese firm itself, the slight easing of rules is squarely aimed at Huawei's past customers, such as rural broadband providers or owners of its Android phones," UBS said.

The financial institution further pointed out that the impact on the global supply chain would be contingent on "the length and severity of restrictions imposed on Huawei."

In response to the US restrictions on Huawei, Ren Zhengfei, the company's founder and president, said on Tuesday that Huawei never wants to "walk alone" in the global markets, but has made good preparations for any extreme circumstances, adding that it would not reject the US supply chain. 

Source: ChinaDaily
Nestle unveils fruity instant coffee in China

Nestle unveils fruity instant coffee in China

Nestle unveils fruity instant coffee in China


Nestle has launched a series of new instant coffee products, which are infused with fruit flavor and can be brewed with ice or sparkling water for a more refreshing taste in the summer.

It marks the first time that the 80-year-old coffee producer Nescafé has launched crossover products in fruit flavors.

The move is an attempt by Nestle to attract young consumers with a more affordable yet unconventional coffee-drinking experience

The innovative products, dubbed Fruity Ice Coffee, have recently been launched on Tmall. Each single serving packet is priced less than 2 yuan ($0.28), designed to make the product more affordable and appealing to consumers mainly aged 15 to 30.

It took six months for Nestle's local team in China to design and develop the products. The bright, summery package design highlighting its three flavors -- peach, pineapple and green apple -- is different from the company's traditional instant coffee products.

The food- and beverage-maker has also invited online influencers to demonstrate how they create a variety of drinking experiences by mixing the product with sparkling water, ice or milk.

Wang Zhendong, chairman of the consultancy firm Shanghai Feiyue Investment Management, a company that specializes in the coffee industry, said Nestle has to keep innovating to strengthen its market dominance in China as it has recently been challenged by Southeast Asian instant coffee producers.

"Fruit-flavored coffee is the latest trend, but how to apply this trend to a more convenient consumption scenario is key in product development, as ice is not widely available at campuses, offices or homes in China."

Altug Guven, senior vice-president for Nestlé's coffee business in China, considers China a coffee consumption market with great potential.

Coffee consumption penetration has reached 50 percent among other beverages, but at a lower frequency, according to Nestle. Instant coffee tops all other coffee consumption at a penetration rate of 30 percent.

Guven said the Nescafé business in China is developing very fast. In 2018, the sector maintained double-digit growth, while some categories maintained high double-digit growth.

Faced with the rapid development of the Chinese market, brands must constantly change and innovate in order to cater to more consumer preferences.

"Young consumers like fresh taste and consumption experiences," said Guven. "So this series is aimed at matching coffee with the most fashionable taste elements at present to create a rich and wonderful multitaste experience."

Nestle said surveys show that taste is the most important driving force for consumers in choosing coffee products on e-commerce platforms.

According to e-commerce sales data in 2018, the annual sales volume of multiflavor coffee products grew rapidly, with an increase of nearly 70 percent, while young Chinese consumers preferred to try fresh and unique flavors.

Nescafé will introduce other unconventional flavors that suit local tastes in the winter.

The Nestlé Global Financial Report 2018 showed that growth was mainly attributed to innovations in infant nutrition, coffee and culinary businesses, as well as e-commerce. The coffee business is also playing an increasingly important role in growth. ChinaDaily




Boat accident leaves 10 dead, 8 missing in southwest China

Boat accident leaves 10 dead, 8 missing in southwest China

Boat accident leaves 10 dead, 8 missing in southwest China


GUIYANG -- Ten people have been confirmed dead and 8 others remained missing after a boat capsized on a river in Southwest China's Guizhou province Thursday afternoon, according to local authorities Friday.

Rescuers composed of police, emergency response officers, people from the transport and health departments in Bouyei-Miao Autonomous Prefecture of Qianxinan are searching for the missing, and trying to lift up the capsized boat.

The vessel had 29 people on board when it capsized at 6:30 pm Thursday on the Beipan River. Eleven of them have been rescued. ChinaDaily



Wednesday, May 22, 2019

Huawei to Invest 35 million Euros in Paris OpenLab

Huawei to Invest 35 million Euros in Paris OpenLab

Huawei to Invest 35 million Euros in Paris OpenLab


[Paris, France, May 16, 2019] Huawei said it will invest 35 million Euros in its Paris OpenLab over five years. Speaking at the VivaTech Conference in Paris, Huawei Deputy Chairman Ken Hu said the investment showed confidence that France was on the way to become a global innovation hub.

VivaTech, an annual technology conference held in Paris, runs from May 16 – 18 and this year is bringing together 100,000 representatives of the worlds of business, politics and academia from 125 countries and regions.

In a keynote speech titled "Our Shared Ambition", Hu shared how converging digital technologies are bringing revolutionary change, and highlighted that openness and collaboration is the only way to drive innovation forward. Hu announced that Huawei will invest 35 million euros into its OpenLab in France over the next five years, and will work together with customers and partners to build a stronger digital ecosystem in the country.

Huawei Deputy Chairman Ken Hu Speaking at VivaTech


"This is the best time for innovation," Hu said. "Here in France, you've got world-leading basic research, so many talented people, and an innovation-friendly environment. France is in a great position to be a global hub for innovation. Huawei has been here for 17 years, and we are so proud to be part of this ambition."

Technologies like 5G, cloud, and AI are the main drivers of innovation, accelerating digital transformation across all industries. By 2025, there will be 100 billion connections around the world, all companies will use cloud, and 77% of cloud applications will be powered by AI. Hu remarked, "When these technologies are combined, there will be fundamental changes to all industries. These technologies will also reshape everything we are familiar with today," Hu explained.

According to Hu, mobile phones will reshape our personal digital experience. As personal computing centers, mobile phones will integrate more naturally with devices like tablets, PCs, TVs, and cars to form a more user-centric ecosystem, which will provide a seamless and more intuitive digital experience.

Smart cars will become mobile super computers and data centers, rather than just a means of transportation. Each car will have tens of millions of lines of code and terabytes of computing power. Software, hardware, and applications in cars will be able to be upgraded anytime, anywhere to completely refresh the user experience. Carmakers must to consider how to meet these evolving needs and create new value for their customers.

"It doesn't matter if you are a startup or an established business, you need to figure out how to maximize the potential of digital technologies and seize the opportunity to innovate," Hu added.

Hu went on to encourage cross-industry collaboration as the key to seizing new opportunities. “When it comes to innovation,” he said, "organizations need to do what they do best, and collaborate on the rest."

To this end, Huawei opened its Paris OpenLab in April 2018, providing a platform for experts from different industries to identify their future needs in digital transformation and to develop industry-specific solutions. In just one year, 50 partners worked on 15 industry solutions covering retail, manufacturing, and smart cities. Over the next five years, Huawei’s investment of 35 million Euros in its OpenLab in France will make it a stronger platform for cross-industry collaboration.

At this year's VivaTech, Huawei has set up an exhibition area of 390 square meters to demonstrate innovative solutions in 5G, cloud, smart retailing, and connected cars. In addition, Huawei has worked with 32 French startups to demonstrate innovative solutions and success stories for smart cities, smart transportation, environmental protection, AI, and IoT.




Tuesday, May 21, 2019

“Hongmeng” is Huawei’s first ever self developed operating system

“Hongmeng” is Huawei’s first ever self developed operating system

“Hongmeng” is Huawei’s first ever self developed operating system




    
Back in March, Huawei CEO Richard Yu told that the company has developed its own operating system in case of any circumstances that it can face from the US. Well, now we’ve found the name for that operating system.

There will be no new EMUI updates for any Huawei devices after Google ends software support

According to our source from China who told HuaweiCentral, Huawei has developed its own operating system under the name “Hongmeng”, that was in active development since 2012.

The source has also told that the company was using this operating system in its mobile phones potentially hidden behind the curtain. 

Although, the source didn’t confirm that this will be the original name of the OS or it’s only a codename but did confirm the existence of the operating system related to this word.

Currently, Huawei is yet to comment on this report but the company has already expected recent Google Android support suspension way before in the past as it was developing a substitute for Android operating system.

On Sunday, a report revealed that Google has pulled its Android OS software support from Huawei devices, leaving Huawei’s consumers concerned about what’ll happen to their smartphones after this crisis, which is a subsequent action from Google following Trump’s blacklisting of Huawei.

Thursday, May 16, 2019

Huawei is a risk so Britain must change course on 5G, ex-MI6 spymaster says

Huawei is a risk so Britain must change course on 5G, ex-MI6 spymaster says

Huawei is a risk so Britain must change course on 5G, ex-MI6 spymaster says


LONDON (Reuters) - China’s Huawei poses such a grave security risk to the United Kingdom that the government must reconsider its decision to give it a limited role in building 5G networks, a former head of Britain’s MI6 foreign spy service said on Thursday.

A Huawei surveillance camera is seen displayed at an exhibition during the World Intelligence Congress in Tianjin, China May 16, 2019. REUTERS/Jason Lee
In what some have compared to the Cold War arms race, the United States is worried that 5G dominance would give any global competitor such as China an advantage Washington is not ready to accept.

The Trump administration, which hit Huawei with severe sanctions on Wednesday, has told allies not to use its technology because of fears it could be a vehicle for Chinese spying. Huawei has repeatedly denied this.

But British ministers have agreed to allow Huawei a restricted role in building parts of its 5G network. The final decision has not yet been published.

“I very much hope there is time for the UK government, and the probability as I write of a new prime minister, to reconsider the Huawei decision,” said Richard Dearlove, who was chief of the Secret Intelligence Service from 1996 to 2004.

“The ability to control communications and the data that flows through its channels will be the route to exercise power over societies and other nations,” Dearlove wrote in the foreword to a report on Huawei by the Henry Jackson Society.

Huawei, founded in 1987 by a former engineer in China’s People’s Liberation Army, denies it is spying for Beijing, says it complies with the law and that the United States is trying to smear it because Western companies are falling behind.

U.S. Secretary of State Mike Pompeo told Britain on a visit this month that it needed to change its attitude towards China and Huawei, casting the world’s second largest economy as a threat to the West similar to that once posed by the Soviet Union.

Dearlove, who spent 38 years in British intelligence, said it was deeply worrying that the British government “appears to have decided to place the development of some its most sensitive critical infrastructure” in the hands of a Chinese company.

“No part of the Communist Chinese state is ultimately able to operate free of the control exercised by its Communist Party leadership,” said Dearlove.

“We should also not be influenced by the threat of the economic cost of either delaying 5G or having to settle for a less capable and more expensive provider,” he said.




Tuesday, May 14, 2019

US-China talks break up after US raises tariffs

US-China talks break up after US raises tariffs

US-China talks break up after US raises tariffs




WASHINGTON (AP) -- Trade talks between the U.S. and China broke up Friday with no agreement, hours after President Donald Trump more than doubled tariffs on $200 billion in Chinese imports.

Trump asserted on Twitter that there was "no need to rush" to get a deal between the world's two biggest economies and later added that the tariffs "may or may not be removed depending on what happens with respect to future negotiations."

A White House official, speaking on condition of anonymity because they were not authorized to speak publicly on the matter, confirmed that the talks had concluded for the day but could not say when they would resume.

Hours earlier, the Trump administration hiked tariffs on $200 billion worth of Chinese imports to 25% from 10%, escalating tensions between Beijing and Washington. China's Commerce Ministry vowed to impose "necessary countermeasures" but gave no details.

The tariff increase went ahead even after American and Chinese negotiators briefly met in Washington on Thursday and again on Friday, seeking to end a dispute that has disrupted billions of dollars in trade and shaken global financial markets. After a short session on Friday, the lead Chinese negotiator, Vice Premier Liu He, left the Office of the U.S. Trade Representative about midday. U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin shook hands with Liu as he left.

In the afternoon, a motorcade of sport-utility vehicles and a police escort, both with lights flashing, carried the Chinese delegation away from their lodgings at the Willard InterContinental Hotel .

Hu Xijin, editor-in-chief of the Chinese newspaper Global Times, citing "an authoritative source," tweeted that "talks didn't break down. Both sides think that the talks are constructive and will continue consultations. The two sides agree to meet again in Beijing in the future."

In an interview with reporters later in the day, Vice Premier Liu He said: "We will make no concessions on matters of principle."

The Trump administration escalated the confrontation again after the Chinese delegation left town. Lighthizer announced Friday evening that he was preparing to impose tariffs on the $300 billion in Chinese imports that haven't already been targeted. The government will have to get public comment before it can target more Chinese goods.

On Wall Street, stocks fell initially Friday but turned positive on optimism over future talks.

Earlier, Trump asserted in a tweet that his tariffs "will bring in FAR MORE wealth to our Country than even a phenomenal deal of the traditional kind. Also, much easier & quicker to do."

In fact, tariffs are taxes paid by U.S. importers and often passed along to consumers and companies that rely on imported components.

American officials accuse Beijing of backtracking on commitments made in earlier rounds of negotiations. "China deeply regrets that it will have to take necessary countermeasures," a Commerce Ministry statement said.

U.S. business groups appealed for a settlement that will resolve chronic complaints about Chinese market barriers, subsidies to state companies and a regulatory system they say is rigged against foreign companies.

The latest increase extends 25% duties to a total of $250 billion of Chinese imports, including $50 billion worth that were already being taxed at 25%. Trump has said he is planning to expand penalties to all Chinese goods shipped to the United States.

Beijing retaliated for previous tariff hikes by raising duties on $110 billion of American imports. But regulators are running out of U.S. goods for penalties due to the lopsided trade balance.

Ford spokeswoman Rachel McCleery said the carmaker is most concerned about any retaliatory tariffs China might impose.

The Dearborn, Michigan-based company says 80% of the vehicles it assembles in the U.S. are sold domestically, but it does export some vehicles to China.

"While most of the vehicles we sell in China are built in China, Ford does export a number of vehicles to China from the U.S.," McCleery said. "Our biggest concerns are impacts retaliatory tariffs would have on our exports and our expanding customer base in China."

Chinese officials have targeted operations of American companies in China by slowing customs clearance for them and stepping up regulatory scrutiny that can hamper operations.

The latest U.S. increase might hit American consumers harder, said Jake Parker, vice president of the U.S.-China Business Council, an industry group. He said the earlier 10% increase was absorbed by companies and offset by a weakening of the Chinese currency's exchange rate.

A 25% hike "needs to be passed on to the consumer," Parker said. "It is just too big to dilute with those other factors."

Despite the public acrimony, local Chinese officials who want to attract American investment have tried to reassure companies there is "minimal retaliation," he said. "We've actually seen an increased sensitivity to U.S. companies at the local level," he added.

The higher U.S. import taxes don't apply to Chinese goods shipped before Friday. Shipments take about three weeks to cross the Pacific Ocean by sea, giving negotiators more time to reach a settlement before importers may have to pay the increased charges.

Liu, speaking to Chinese state TV upon his arrival Thursday in Washington, said he "came with sincerity." He appealed to Washington to avoid more tariff hikes, saying they are "not a solution" and would harm the world.

"We should not hurt innocent people," Liu told CCTV.

Also Thursday, Trump said he received "a beautiful letter" from Chinese President Xi Jinping and would "probably speak to him by phone."

The two countries are sparring over U.S. allegations Beijing steals technology and pressures companies to hand over trade secrets in a campaign to turn Chinese companies into world leaders in robotics, electric cars and other advanced industries.

This week's setback was unexpected. Through late last week, Trump administration officials were suggesting that negotiators were making steady progress.

U.S. officials say they got an inkling of China's second thoughts about prior commitments in talks last week in Beijing but the backsliding became more apparent in exchanges over the weekend. They wouldn't identify the specific issues involved.

A sticking point is U.S. insistence on an enforcement mechanism with penalties to ensure Beijing lives up to its commitments. American officials say China has repeatedly broken past promises.

China wants tariffs lifted as soon as an agreement is reached, while U.S. officials want to keep them as leverage to ensure compliance.

"A real enforcement mechanism is critical," the American Chamber of Commerce in Shanghai said in a statement.

___

AP Business Writer Joe McDonald and AP videojournalist Dake Kang in Beijing and Alexandra Olson in New York contributed to this report.




Thursday, May 9, 2019

China, US clash at UN over Uighur detentions

China, US clash at UN over Uighur detentions

China, US clash at UN over Uighur detentions


United Nations (United States) (AFP) - China angrily assailed the United States on Tuesday for calling on countries at the United Nations to deprive Beijing of a seat at a UN forum over its treatment of the Uighur minority.

It was the second time in as many weeks that the two countries openly clashed at the United Nations over the rights of the Uighurs and other mostly Muslim minorities held in camps in China's Xianjiang region.

Last week, the United States invited the head of the World Uighur Congress, Dolkun Isa, to address the UN forum on indigenous peoples, infuriating China.

US diplomat Courtney Nemoff said ahead of elections on Tuesday that China's treatment of Uighurs should be a factor in deciding on membership to the UN forum tasked with protecting indigenous people worldwide.

"The United States is alarmed that more than a million Uighurs, ethnic Kazakhs, Kyrgyz, and other Muslims have suffered arbitrary detention, forced labor, torture, and death in camps in China's Xinjiang" region, said Nemoff.

"These atrocities must be stopped. We call on member states to bear this in mind in this important forum."

A Chinese diplomat took the floor to strongly reject the US statement.

"The US representative made an unreasonable accusation against China and defamation against China," he said, expressing Beijing's "strong displeasure over this and our firm opposition to it."

Despite the US appeal, China's candidate, Zhang Xiaoan, was elected by acclamation to the 16-member UN forum along with four other representatives from Burundi, Namibia, Denmark and Russia.

Beijing claims the camps in Xinjiang are "vocational training centers" to steer people away from extremism and reintegrate them, in a region plagued by violence blamed on Uighur separatists or Islamists.

In his address at the UN, Isa said Uighurs were being rounded up to live in "an open-air prison," deprived of their religious rights and freedom.

The Chinese diplomat told the meeting that Isa was a "terrorist designated by the Chinese government" and supported by the US, which "is utilizing him to attack China and defame China, with no basis at all."

The United States was among a group of countries that asked UN Secretary-General Antonio Guterres to raise the plight of the Uighurs during his visit to China last month.

Guterres told Chinese Foreign Minister Wang Yi that "human rights must be fully respected in the against terrorism," according to UN spokesman Stephane Dujarric.




Friday, March 22, 2019

China's automaker #Geely reports growing revenue, profits in 2018

China's automaker #Geely reports growing revenue, profits in 2018

China's automaker #Geely reports growing revenue, profits in 2018


HANGZHOU:  Chinese car company Geely registered fast revenue and profit growth in 2018, according to its financial report filed with the Hong Kong Exchanges and Clearing Limited (HKEX) Thursday.

The company, based in eastern China's Zhejiang Province, raked in 106.6 billion yuan (about 16 billion U.S. dollars) in revenue last year, up 15 percent year on year.

The net profit attributable to shareholders saw an 18-percent increase to 12.55 billion yuan in 2018, according to the document.

Despite China seeing a 4-percent decline in the passenger vehicle market last year, the company continued to increase its market share and its leading position in the country's passenger vehicle segment, Geely stated in its financial report.

Geely sold 1.5 million units of vehicles last year, up 20 percent year on year. Sales volume in the domestic market went up 19 percent, while export sales volume posted a strong rebound of 136 percent.

The company's passenger vehicle market share has increased from 5 percent in 2017 to 6.2 percent in 2018, making it the third largest in terms of annual sales volume in China's passenger vehicle market.

In 2019, the automaker will significantly increase its sales volume of new energy and electrified vehicles (NEEV) by introducing more competitive NEEV products and set its sales target in 2019 to 1.51 million units. via Xinhua




Monday, March 4, 2019

What happened in India-China war in 1965 - India-Pakistan fight: Why China don't want it? (BBC Hindi) - China badly defeated India ☺

What happened in India-China war in 1965 - India-Pakistan fight: Why China don't want it? (BBC Hindi) - China badly defeated India ☺

What happened in India-China war in 1965 - India-Pakistan fight: Why China don't want it? (BBC Hindi) - China badly defeated India ☺


What happened in India-China war in 1965 - India-Pakistan fight: Why China don't want it? (BBC Hindi) - China badly defeated India ☺



Monday, February 11, 2019

CPEC projects: Chinese diplomat expresses satisfaction over pace of work

CPEC projects: Chinese diplomat expresses satisfaction over pace of work

CPEC projects: Chinese diplomat expresses satisfaction over pace of work 


ISLAMABAD: A top Chinese diplomat Friday expressed satisfaction over the progress made on projects under the China-Pakistan Economic Corridor (CPEC), saying that a number of projects are set to be completed in the next few months. 

Speaking at a seminar on ‘Belt and Road Initiative and China-Pakistan Economic Corridor: Impact on Developments in South West Asia,’ organised by Strategic Vision Institute (SVI), Chinese embassy’s deputy chief of mission Lijian Zhao said the work on CPEC projects is progressing satisfactorily of which some will be completed in next few months. 

Referring to some major projects, Zhao said Sukkur-Multan M-5 Motorway, which is the largest project under the CPEC worth $2.9 billion, is scheduled to be completed by June, whereas Thakot-Havelian section of Karakoram Highway is likely to be ready by the end of this year. 

The 1320 MW coal-fired power plant set up in Hub, Balochistan, would likely be functional by the end of April, he said, adding that the first 660 MW unit of the power plant has already been connected to the national grid, while the second one would come online shortly. Besides, he added that Hub Power Plant is being completed at a cost of nearly $2 billion. 

Furthermore, he said progress has been made on the projects such as Karot and Sukki-Kinari hydro-power plants and Gawadar Port Free Zone. 

Since the launch of Belt and Road Initiative six years ago, he pointed out that China has invested $28.9 billion in 82 economic zones in countries which are part of the initiative with 3,995 Chinese companies setting up businesses in these countries. However, he said Pakistan has not received investment under this head, as economic zones are yet to be started in the country. 

Zhao also underscored the need for strengthening people-to-people contacts to complement strong bilateral political, economic and strategic relations between the two countries. 

He pointed out that currently Chinese universities are hosting over 22,000 Pakistani students, adding that this number is higher than the number of Pakistani students studying in the universities of the US and UK. 


Prof Shahram Akbarzadeh, professor at Deakin University, Australia, in his presentation said Middle Eastern countries see China as a partner as unlike Western countries it does not insist on political openness and maintains business like relations. 

According to him, China is presenting alternatives to the leadership in Middle East, adding that China’s weakness lies in its inability to exert soft power in the Middle East. 

Dr Baogang He, professor at Deakin University, Australia, in his presentation said China has global ambitions and it is exporting infrastructure in addition to building production networks and supply chains. 

He said that China has accumulated knowledge, technology, raw material, and wealth for its economic agenda. However, he urged China to address issues related to labour, land acquisition, and scale of investments. 

Dr Zahid Shahab Ahmed, research fellow at the Alfred Deakin Institute for Citizenship and Globalisation, Deakin University, Australia, noted that there has been political consensus within Pakistan on CPEC. This, he said can be used as a model to evolve consensus on other issues of national importance. 

Dr Zafar Iqbal Cheema, President SVI, in his remarks said critics of BRI and CPEC look at the projects through the geo-strategic lens and from the perspective of power politics. 

He said the ascendancy of a geo-strategic perspective precludes the understanding of its desired objectives and undermines an informed and balanced discussion and discourse. 

From an overriding security perspective, CPEC being viewed as a challenge rather than a cooperative enterprise while from the geo-economic angle, it is promoting regional connectivity, infrastructure growth, trade and development, he added.




Monday, January 14, 2019

19 dead after coal mine collapses in China, 2 still trapped

19 dead after coal mine collapses in China, 2 still trapped

19 dead after coal mine collapses in China, 2 still trapped
Accident took place while 87 people were working underground in the Shaanxi province

BEIJING (AFP): Nineteen people were killed while two remain trapped underground after a roof collapse at a coal mine in northern China, state media reported.

A total of 87 people were working underground in the Shaanxi province mine at the time of the accident on Saturday afternoon, official news agency Xinhua reported, citing local authorities.

The search for the two trapped miners continues while 66 others have been airlifted to safety, Xinhua reported.



The cause of the accident at the site, run by Baiji Mining, is still under investigation.

Deadly mining accidents are common in China, where the industry has a poor safety record despite efforts to improve coal production conditions and crack down on illegal mines.


In December last year, seven miners were killed and three others injured in an accident at a coal mine in China's southwest.

In October, 21 miners died in eastern Shandong province after pressure inside a mine caused rocks to fracture and break, blocking the tunnel and trapping workers. Only one miner was rescued alive.

According to China's National Coal Mine Safety Administration, the country saw 375 coal mining related deaths in 2017, down 28.7 percent year-on-year.

But despite improvements, "the situation of coal mine safety production is still grim," the bureau said in a statement following a coal mine safety conference last January.

HIGHLIGHTS

  • 19 people were killed while two remain trapped underground in a Shaanxi, northern China
  • A roof collapse at the coal mine triggered the accident
  • Search for the two trapped miners continues
  • 66 others have been airlifted to safety
  • A total of 87 people were working underground in the mine at the time of the accident on Saturday afternoon
  • China saw 375 coal mining related deaths in 2017, according to China's National Coal Mine Safety Administration




Monday, December 31, 2018

Fail to repay huge loans of Chinese lenders-  China to take over Kenya’s main port over unpaid huge Chinese Loan

Fail to repay huge loans of Chinese lenders- China to take over Kenya’s main port over unpaid huge Chinese Loan

Fail to repay huge loans of Chinese lenders-  China to take over Kenya’s main port over unpaid huge Chinese Loan

Kenyan government risks losing the lucrative Mombasa port to China should the country fail to repay huge loans advanced by Chinese lenders.

In November, African Stand reported on how Kenya is at high risk of Losing strategic assets over huge Chinese debt and just after some few month the Chinese are about to take action.

The loans have been granted for the development of the Standard Gauge Railway (SGR).

Also at stake is the Inland Container Depot in Nairobi, which receives and dispatches freight hauled on the new cargo trains from the sea port.

Implications of a takeover would be grave, including the thousands of port workers who would be forced to work under the Chinese lenders.

Management changes would immediately follow the port seizure since the Chinese would naturally want to secure their interests.

Further, revenues from the port would be directly sent to China for the servicing of an estimated Sh500 billion lent for the construction of the two sections of the SGR.

Precedent
In December 2017, the Sri Lankan government lost its Hambantota port to China for a lease period of 99 years after failing to show commitment in the payment of billions of dollars in loans.

The transfer, according to the New York Times, gave China control of the territory just a few hundred miles off the shores of rival India.

It is a strategic foothold along a critical commercial and military waterway.

“The case is one of the examples of China’s ambitious use of loans and aid to gain influence around the world and of its willingness to play hardball to collect,” says the New York Times of December 12, 2017.

In September 2018, Zambia lost Kenneth Kaunda International Airport to China over debt repayment.

In the likely scenario that China takes over the port, Kenya would be joining Sri Lanka -another debt-distressed nation- in losing a strategic asset.

It is possible because the SGR –operated by the Chinese, is a hugely loss-making venture, meaning it cannot generate enough money to repay loans.

 
SGR reported a near Sh10 billion loss in its first year of operations.

The Auditor General has warned that the eventuality is likely because of a lopsided loan agreement that greatly favours the China Exim Bank, who advanced Kenya the loan.

Specifically, Kenya got the short end of the stick in the agreement where any disputes arising from the debt servicing would be arbitrated in China.

An audit completed last month indicates that Kenya Ports Authority’s (KPA) assets, which include the Mombasa port, could be taken over if the SGR does not generate enough cash to pay off the debts.

“The China Exim Bank would become a principle in (over) KPA if Kenya Railways Corporation (KRC) defaults in its obligations and China Exim Bank exercise power over the escrow account security,” the audit reads in part.


An escrow account is a contractual arrangement in which a third party receives and disburses money for the primary transacting parties, with the disbursement dependent on conditions agreed to by the transacting parties.

According to the loan agreement, funds generated from the SGR were to be deposited in an escrow account – controlled by an unknown third party on behalf of KRC and China Exim Bank.

At the current estimates, KPA generates Sh50 billion a month or Sh600 billion a year in revenues.

 
F.T Kimani, the auditor, cited in his report that KPA’s exposure is linked to a requirement that it feeds sufficient cargo to the Chinese-built railway project.

Failure to provide the requisite cargo would mean Kenya has gone against a critical clause in the loan agreement of guaranteeing specified “minimum volumes required for consignment”.

It is also indiscernible how KPA signed the loan agreement as a borrower, in one of the toxic clauses subsequently exposing its assets to the Chinese clamp.

“…any proceeding(s) against its assets (KPA) by the lender would not be protected by sovereign immunity since the Government waived the immunity on the Kenya Ports Assets by signing the agreement,” the auditor wrote.

Repayments for the loans are slated to start mid next year on expiry of a five-year grace period.


Read on Source



Friday, December 21, 2018

Muslim Pakistan says outcry over China detention camps 'sensationalised'

Muslim Pakistan says outcry over China detention camps 'sensationalised'

Muslim Pakistan says outcry over China detention camps 'sensationalised'

(by AFP) Pakistan on Thursday defended its close ally China against a growing outcry over Muslims who are being detained by Chinese authorities, saying the issue was being "sensationalised" by foreign media.



Numerous extrajudicial detention centres have been set up in China's vast, troubled Xinjiang region, holding as many as one million ethnic Uighurs and other Muslim minorities, according to estimates cited by a UN panel.

Among them are believed to be dozens of women who married men from neighbouring Gilgit-Baltistan region in Pakistan, where people regularly cross the border into China for trade.

"Some section of foreign media are trying to sensationalise the matter by spreading false information," Mohammad Faisal, spokesman for Pakistan's ministry of foreign affairs, told reporters at a weekly press briefing in Islamabad on Thursday.

"As per Chinese authorities, out of 44 women, six are already in Pakistan. Four have been convicted on various charges, three are under investigations, eight are under going voluntary training. Twenty-three women are free and living in Xinjiang of their own free will," he added.

In recent years, Pakistan has heavily pushed its relationship with China, lauding the tens of billions of investment dollars that Beijing is pouring into the country as a "game changer".

Beijing has also upgraded the treacherous mountain road connecting Gilgit-Baltistan to Xinjiang.

But China has had difficulty reconciling its desire for development with fears that Uighur separatists will import violence from Pakistan.

Chinese authorities have long linked their crackdown on Xinjiang's Muslims to international counter-terrorism efforts, arguing that separatists are bent on joining foreign extremists like Al-Qaeda.

They describe the camps as "vocational education centres" for people who appear to be drawn towards Islamist extremism and separatism.

But human rights activists say members of China's Muslim minorities are being held involuntarily for transgressions such as wearing long beards and face veils, and that the region has become a police state.

Faisal said his ministry and Chinese authorities will continue to coordinate on this matter.

"The Chinese authorities have also offered to arrange visits to Xinjiang of the families of the convicted women," said Faisal.



Thursday, November 29, 2018

Chinese scientist claims birth of world's first gene-edited babies | DW News

Chinese scientist claims birth of world's first gene-edited babies | DW News

Chinese researcher claims he helped make first gene-edited babies A Chinese researcher has created 

an international controversy over science and ethics after claiming he helped make the world's first genetically-edited babies. According to the AP, the researcher altered embryos for seven couples during fertility treatments. One resulted in the birth of twin girls. The claims have not been independently verified or published in any medical journals where they could be vetted by experts. This kind of gene editing is banned in the U.S. Dr. David Agus joins "CBS This Morning" to discuss the implications of the claims.





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