Tag: China
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China to pump $54 billion into state banks, insurers in capital-boosting push
China's finance ministry will lead a combined $54 billion capital injection into state-owned insurers and banks, the companies said on Sunday, in a coordinated...
Deficit turned into dependence? India’s growing trade deficit with China
At present China has taken over the US as India’s largest trading partner with bilateral trade reaching $151.1 billion. The US has been India’s...
EU lays out $11.4 billion for 7 AI gigafactories as it aims to catch up with US, China
The European Union is offering €10 billion ($11.4 billion) in funding for firms to erect seven AI gigafactories as it seeks to close the...
Can China restrain Iran? Gulf states test Beijing’s influence
As the Iran war escalates again, Gulf Arab states are looking to China - not Washington - to use its economic leverage over Iran...
China sets up high-altitude drone R&D centre in Tibet near Mt Everest
China has established a drone research and development centre near Mount Everest in Tibet to deploy unmanned aerial vehicles (UAVs) for operations in high-altitude...
