Business Archives - Page 29 of 40

New Zealand’s PM says differences with China becoming harder to manage

5May

By Nectar GanNo Comments

New Zealand’s PM says differences with China becoming harder to manage

Prime Minister Jacinda Ardern said on Monday that the differences between New Zealand and its top trading partner China are becoming harder to reconcile as Beijing’s role in the world grows and changes.The comments come as New Zealand faces pressure from some elements among Western allies over its reluctance to use the Five Eyes intelligence and security alliance to criticise Beijing.In a speech at the China Business Summit in Auckland, Ardern said there are things on which China and New Zealand "do not, cannot, and will not agree", but added these differences need not define their relationship."It will not have escaped the attention of anyone here that as China's role in the world grows and changes, the differences between our systems – and the interests and values that shape those syste

5May

By Joanne SerriehNo Comments

China again in the Lawsuit.

China is being sued in the initial days of pandemic by Mississippi and Missouri for several class action lawsuit against Bejing.The virus is believed to have originated in Wuhan, and the secretive communist government was accused of downplaying the virus and misleading the world in the early days of the pandemic -- leaving other countries, including the U.S., exposed and without time to prepare.Legal experts have warned that the cases face long odds because foreign governments are generally granted immunity from domestic suits. But that doesn’t mean the Republican states plan on giving up holding the Chinese behemoth accountable."Mississippi families and businesses deserve to be made whole for China’s malicious and dangerous actions," Attorney General Lynn Fitch said in a statement this w

China conducts surveillance at its citizen.

30Apr

By Nectar GanNo Comments

China conducts surveillance at its citizen.

China is not only maintaining surveillance on its citizens, but it also tasks private companies working in China to further enhance its network of human and technical spies. The state also conducted complex web surveillance system to keep track of its citizens in the state and abroad.Scores from China, including Uyghurs living abroad, face surveillance and find their families in the Chinese Communist Party (CCP) occupied East Turkistan, also known as the Xinjiang Uyghur Autonomous Region (XUAR) or Xinjiang, being threatened to cooperate with the Chinese state.Recently, another interesting fact on this subject came to light. IPVM, a surveillance industry publication shared information with The New York Times about Alibaba's website for its cloud computing business, showing how clients coul...

Alibaba’s influence over media assets making Chinese authorities unsettled.

24Apr

By Joanne SerriehNo Comments

Alibaba’s influence over media assets making Chinese authorities unsettled.

Beijing, China: As the Alibaba grows influence of the e-commerce giant over media assets, the Chines regulators who fined Alibaba of 18.2 billion yuan (2.8 billion dollars) are getting unsettled.According to Nikkei Asia, Alibaba is best known for its online shopping platforms Taobao and Tmall. The Hangzhou-based company has also assembled a media empire. It includes newspapers, digital and broadcast media, a social-networking platform, video-streaming site, film production company and advertising agencies."For Alibaba, these media platforms are effective tools to help funnel users towards its other businesses at a time when big tech companies are competing to build sprawling ecosystems, from ecommerce to entertainment. But their growing influence over content creation and distribution, a ...

Lam Dong, India seeks stronger agricultural cooperation

23Apr

By Grace TsoiNo Comments

Lam Dong, India seeks stronger agricultural cooperation

Lam Dong (VNA) - As a locality that leads the way in high-tech agriculture in Vietnam, the Central Highlands province of Lam Dong holds advantages in cooperating in this regard with different countries from around the world, including India, an online conference has heard. The conference was jointly held in Lam Dong’s Da Lat city by the provincial People’s Committee and the Indian Consulate General in HCM City on April 22. It was reported at the event that the province exported 110 million USD worth of goods to India last year, mainly coffee, silk yarn, and bauxite-aluminium. Cooperation, however, has yet to match potential and the strengths of both sides, a provincial official said. Indian Ambassador to Vietnam Pranay Verma said that more than half of agricultural exports fro

China-backed Port City in Colombo belongs to govt: Sri Lankan Minister

20Apr

By Yusara AskariNo Comments

China-backed Port City in Colombo belongs to govt: Sri Lankan Minister

Colombo, Sri Lanka: Sri Lanka Minister of Justice Ali Sabry has said the government owns 100 per cent of the land and the project has been initiated to bring investment in the special financial zone. Amid the controversy of China backed post City of Colombo.Addressing a media briefing on Sunday, Minister Sabry said the total area of the investment zone is 269 hectares and 91 hectares for public facilities and cannot be given to the project company, The Colombo Page reported. Out of the remaining land of the financial zone, 116 hectares or 43 per cent will be given to the project company which initiated the project in 2013 and spent USD 1.4 billion to develop the Port City."But all 100 per cent of the land is owned by the government. It is completely false to say that land was given to som...

Billionaire diamond tycoon Nirav Modi forced to come back in India to face trial over £1.3bn fraud : extradition approved by Priti Patel

19Apr

By Grace TsoiNo Comments

Billionaire diamond tycoon Nirav Modi forced to come back in India to face trial over £1.3bn fraud : extradition approved by Priti Patel

Nirav Modi whom New Delhi is trying to extradite back to our country since 2016 to face charges against his bank fraud of $2.2million. Modi, whose wealth was once calculated by Forbes magazine as £1.5billion, was arrested in the UK in March 2019, and detained in Wandsworth prison, south-west London. He now has 14 days to appeal to a higher court in Britain against the decisions of the district court and Home Office. Zulfiquar Memon of Indian law firm MZM Legal, which is representing Modi in his case said the team is in the process of challenging the order. He added that this 'may happen anytime soon.' A spokesperson for the Home Office confirmed in a statement on Friday that the extradition order was signed on April 15. India's Min

China reveals mainland students arrested over Hong Kong protests

17Apr

By Grace TsoiNo Comments

China reveals mainland students arrested over Hong Kong protests

China has revealed about four cases among which two were involved in anti-extraditionprotests in Hong Kong. State Television also revealed while saying that one among the fourwas sentenced for 11 year of jail for advising US officials about foreign sanctions on HongKong and funding protest.Changanjian, the official social media account of China’s top law enforcement agency, theCentral Political and Legal Affairs Commission, on Thursday made public details of the fourcases involving students who had studied outside the mainland.They included two students who were studying in Hong Kong and were arrested by thenational security authority last year for taking part in protests in the city in 2019. The protestsbegan in opposition to an extradition bill but escalated into an anti-government move

15Apr

By Yusara AskariNo Comments

Taiwan launches its first amphibious ship

KAOHSIUNG, Taiwan — Taiwan from its new naval shipbuilding program begun by launching its amphibious transport ship which is the first from this program. The program started as a result of China to use military force to annex the island it claims is its territory. President Tsai Ing-wen presided over the launching ceremony at a shipyard in the southern port city of Kaohsiung for the first in the series of ships intended as&

Indian govt holds mega tourism event in J&K’s Srinagar from April 11 to 13

11Apr

By Yusara AskariNo Comments

Indian govt holds mega tourism event in J&K’s Srinagar from April 11 to 13

The Ministry of Tourism under the aegis of the government of India has organized a mega tourism promotion event in Jammu and Kashmir’s Srinagar from April 11 to 13. Lieutenant Governor of the Union Territory of Jammu and Kashmir, Manoj Sinha and Union Minister of State for Tourism and Culture Prahlad Singh Patel addressed the delegates at the inauguration of the event titled "Tapping the Potential of Kashmir: Another Day in Paradise". The objective of the event is to showcase the various tourism products of Jammu and Kashmir and promote it as the destination for leisure, adventure, Eco, Wedding, films and MICE Tourism. Several interesting programmes, discussion sessions, technical tours, exhibitions, interactions will form the part of the event including a technical visit to the Tulip Gar