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Tag Archives: China

IMF Warns Increasing US Tariffs Could Cut China’s Growth Sharply

WASHINGTON:  China’s economy already is slowing amid the trade conflict with the United States, but if Washington were to ramp up tariffs even further it could cut Chinese growth sharply, the IMF warned Friday. The International Monetary Fund already had trimmed its growth forecast for China to 6.2 percent this year, assuming no new tariffs are imposed. But US duties ... Read More »

China Launches Massive Safety Probe After Chemical Blast That Killed 78

SHANGHAI: China will launch a month-long, nationwide inspection campaign into hazardous chemicals, mines, transportation and fire safety, the country’s safety watchdog said, following a deadly pesticide plant blast that killed 78 people last week. The Ministry of Emergency Management said in a notice late on Wednesday authorities needed to “deeply absorb” the lessons of the explosion at the chemical park ... Read More »

26 Killed, 30 Injured As Tourist Bus Catches Fire In China

BEIJING: Twenty six people were killed and 30 injured after a tourist bus caught fire in central China, local officials said. The vehicle burst into flames as it drove through Hunan province Friday with 56 people on board — including 53 passengers, two drivers and a tour guide — according to local authorities. The injured, including five in a critical ... Read More »

Congress Targets PM As China Blocks Move On Masood Azhar Again: Updates

NEW DELHI: China for the fourth time blocked a bid in the UN Security Council to designate Pakistan-based terror group Jaish-e-Mohammed’s chief Masood Azhar as a “global terrorist” by putting a technical hold on the proposal on Wednesday, a move India termed as disappointing. The proposal to designate him under the 1267 Al Qaeda Sanctions Committee of the UN Security ... Read More »

Facebook Reportedly Builds Censorship Tool to Attain China Re-Entry

Facebook Inc has quietly developed a censorship tool that could persuade China to allow the world’s biggest social media network to re-enter the world’s second largest economy after a seven-year ban, the New York Times reported on Tuesday. Facebook developed the software, which suppresses posts from appearing in people’s news feeds in specific geographies, with the support of Chief Executive ... Read More »

‘Carbon emission in India grew by 5.2% in 2015’

While global carbon emission saw “almost no growth” last year, India’s emission grew by 5.2 per cent in 2015, says a study. Global carbon emissions from burning fossil fuels are projected to rise only slightly in 2016, marking three years of slowdown, said the study published in the journal Earth System Science Data . “This third year of almost no ... Read More »