China’s President Xi Jinping has subtly toned down his language on the country’s goals, suggesting the world’s second-largest economy is finding it difficult to achieve its “around 5 per cent” growth target, reports the South China Morning Post. “We should strive to fulfil the economic and social development goals and tasks for the whole year,” […]
Apple is mass-producing its newly launched iPhone 16 series in India trying to diversify its supply chain because of geopolitical tensions between America and China. Historically, China made all high-end iPhone models, while India churned out low-end and older versions, says the South China Morning Post (SCMP). Now, however, the latest iPhones, including the high-end […]
China is clamping down on investment bankers. At least three top investment bankers have been detained since August. One of them fled abroad but was arrested overseas about two weeks ago and brought back to China, reports Bloomberg. State-backed brokerages recently asked many of their investment bankers to hand in their passports and seek permission […]
China will help to train 3,000 foreign law enforcement officials over the next year to tackle global security issues and better protect Chinese interests beyond its borders, reports the South China Morning Post (SCMP). Chinese Minister of Public Security Wang Xiaohong Wang Xiaohong spoke about helping law enforcement in other countries at a global public […]
Bali continues to attract tourists with its colourful culture, friendly people and stunning scenery, but there may be no more new hotel rooms for them. Indonesia will stop building new hotels in some areas of Bali to prevent the island’s overdevelopment and preserve agricultural land. Tourism has rebounded in Bali after the COVID-19 pandemic, but […]
America is coming to the aid of Bangladesh, which has sought another multibillion-dollar loan from the International Monetary Fund. A US delegation will hold talks with the interim government of Bangladesh, including its leader Muhammad Yunus, in Dhaka on September 14 and 15. These will be the first high-level talks between the two nations since […]
Cheap Chinese goods are flooding the markets in Southeast Asia, affecting local businesses and industries, creating joblessness, reports the South China Morning Post. Thousands of textile workers have lost their jobs in Indonesia, it says. A ceramics factory owner in Thailand who sells hand-painted soup bowls for 18 baht (53 cents) wonders how his Chinese […]
India-Bangladesh relations have become bumpy. The new Bangladesh government is trying to extradite former prime minister Sheikh Hasina, who has taken shelter in India after being ousted from power in August. Now, further straining relations between the two countries, India’s Adani Group is pressing Bangladesh for nearly $500 million in overdue payments. Bangladesh owes the […]
China’s former foreign minister Qin Gang, who disappeared from view more than a year ago, has been demoted to a low-level publishing job, says the Washington Post, quoting two former US foreign officials. The former officials, who did not want to be named, said Qin had been given a job at World Affairs Press, a […]
