China Financial Crisis
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China's New Plan: Rs 45,000 A Year Per Child To Tackle Fertility Crisis
China has introduced a national childcare subsidy of 3,600 yuan (Rs 43,439) per year for each child under three to address its declining birth rate and looming demographic crisis.
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"Don't Want To Be Sandwiched...": New Sri Lanka President's India-China Plans
Anura Kumara Dissanayake - Sri Lanka's new Marxist President - has said he wants to avoid being "sandwiched" between India and China but recognises each as a "valued partner", as he tries to resolve a financial crisis roiling his country.
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As Maldives Faces Debt Default, China Inks New Finance Pact. Details Here
China and Maldives have signed a new agreement today that allows Beijing to lend more financial support to the already debt-distressed nation. China's central bank has said the pact will also help strengthen trade and investment.
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Scientists From China And Sri Lanka Conduct Joint "Marine Scientific" Research Onboard Chinese Vessel
According to sources, Sri Lanka was delaying granting permission for the arrival of the vessel due to concerns raised by India. However, there is no official confirmation of the same.
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Billionaire Boss Of China Evergrande Under "Residential Surveillance"
The billionaire boss of beleaguered Chinese property developer China Evergrande is being held by police, a report said Wednesday, as the debt-ridden company grapples with severe financial difficulties.
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UAE, China Promise $1.3 Billion To Get IMF Deal On Track: Pak Minister
Pakistan announced financial support today from the United Arab Emirates and China totaling $1.3 billion, giving the ailing economy a shot in the arm as it seeks to meet conditions for the resumption of an International Monetary Fund bailout.
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Pakistan To Get $700 Million Loan From China: Finance Minister
Pakistan's all-weather ally China has approved a loan of USD 700 million and the funds will be transferred to the central bank this week, Finance Minister Ishaq Dar announced today as the cash-strapped country tried to avert a financial crisis.
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On Financial Support For Pakistan, China Says It Has Done Its "Utmost"
China, which has offered a $9 billion bailout package to Pakistan, on Monday pledged more support for the cash-strapped nation.
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China Praises India For Helping Sri Lanka, Says South Asia Remains Priority
China on Wednesday praised India for making "great efforts" to help Colombo to tide over its worst financial crisis.
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Russia Seeks Military Equipment From China After Ukraine Invasion: Report
Russia has asked China for military equipment since its Feb. 24 invasion of Ukraine, the Financial Times and Washington Post reported on Sunday, citing U.S. officials.
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Instead Of Fighting COVID-19 And China, Centre Conspiring To Topple Congress Governments: Ajay Maken
Congress leader Ajay Maken accused the Centre on Sunday of conspiring to topple the Congress governments in various states, instead of fighting the financial crisis, COVID-19 and China.
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World Needs Coordinated Fiscal Response To Coronavirus Pandemic: IMF Chief
Global governments must work together to provide massive spending as in the 2008 financial crisis to help the economy withstand the damage from the coronavirus pandemic, International Monetary Fund (IMF) chief Kristalina Georgieva said on Monday.
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Hong Kong Facing Worst Crisis Since Handover, Says Senior China Official
Hong Kong is facing its worst crisis since it returned to China from British rule in 1997, the head of China's Hong Kong and Macau Affairs office said on Wednesday amid more anti-government protests in the Asian financial hub.
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Rs 5 Billion Cheque-Bounce Hits China-Pak Corridor Contractors: Report
A number of road projects in the $52 billion China-Pakistan Economic Corridor are facing hurdles as Pakistan's National Highway Authority faces a financial crisis, the Pakistani media reported today. Pakistan-based newspaper Dawncited sources as saying that contractors stopped work on several CPEC projects after their cheques worth over Rs 5 billio...
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Pakistan Seeks Economic Lifeline With Fresh China Loans
Pakistan expects to obtain fresh Chinese loans worth $1-2 billion to help it avert a balance of payments crisis, Pakistani government sources said, in another sign of Islamabad's growing reliance on Beijing for financial support.
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China's New Plan: Rs 45,000 A Year Per Child To Tackle Fertility Crisis
China has introduced a national childcare subsidy of 3,600 yuan (Rs 43,439) per year for each child under three to address its declining birth rate and looming demographic crisis.
-
"Don't Want To Be Sandwiched...": New Sri Lanka President's India-China Plans
Anura Kumara Dissanayake - Sri Lanka's new Marxist President - has said he wants to avoid being "sandwiched" between India and China but recognises each as a "valued partner", as he tries to resolve a financial crisis roiling his country.
-
As Maldives Faces Debt Default, China Inks New Finance Pact. Details Here
China and Maldives have signed a new agreement today that allows Beijing to lend more financial support to the already debt-distressed nation. China's central bank has said the pact will also help strengthen trade and investment.
-
Scientists From China And Sri Lanka Conduct Joint "Marine Scientific" Research Onboard Chinese Vessel
According to sources, Sri Lanka was delaying granting permission for the arrival of the vessel due to concerns raised by India. However, there is no official confirmation of the same.
-
Billionaire Boss Of China Evergrande Under "Residential Surveillance"
The billionaire boss of beleaguered Chinese property developer China Evergrande is being held by police, a report said Wednesday, as the debt-ridden company grapples with severe financial difficulties.
-
UAE, China Promise $1.3 Billion To Get IMF Deal On Track: Pak Minister
Pakistan announced financial support today from the United Arab Emirates and China totaling $1.3 billion, giving the ailing economy a shot in the arm as it seeks to meet conditions for the resumption of an International Monetary Fund bailout.
-
Pakistan To Get $700 Million Loan From China: Finance Minister
Pakistan's all-weather ally China has approved a loan of USD 700 million and the funds will be transferred to the central bank this week, Finance Minister Ishaq Dar announced today as the cash-strapped country tried to avert a financial crisis.
-
On Financial Support For Pakistan, China Says It Has Done Its "Utmost"
China, which has offered a $9 billion bailout package to Pakistan, on Monday pledged more support for the cash-strapped nation.
-
China Praises India For Helping Sri Lanka, Says South Asia Remains Priority
China on Wednesday praised India for making "great efforts" to help Colombo to tide over its worst financial crisis.
-
Russia Seeks Military Equipment From China After Ukraine Invasion: Report
Russia has asked China for military equipment since its Feb. 24 invasion of Ukraine, the Financial Times and Washington Post reported on Sunday, citing U.S. officials.
-
Instead Of Fighting COVID-19 And China, Centre Conspiring To Topple Congress Governments: Ajay Maken
Congress leader Ajay Maken accused the Centre on Sunday of conspiring to topple the Congress governments in various states, instead of fighting the financial crisis, COVID-19 and China.
-
World Needs Coordinated Fiscal Response To Coronavirus Pandemic: IMF Chief
Global governments must work together to provide massive spending as in the 2008 financial crisis to help the economy withstand the damage from the coronavirus pandemic, International Monetary Fund (IMF) chief Kristalina Georgieva said on Monday.
-
Hong Kong Facing Worst Crisis Since Handover, Says Senior China Official
Hong Kong is facing its worst crisis since it returned to China from British rule in 1997, the head of China's Hong Kong and Macau Affairs office said on Wednesday amid more anti-government protests in the Asian financial hub.
-
Rs 5 Billion Cheque-Bounce Hits China-Pak Corridor Contractors: Report
A number of road projects in the $52 billion China-Pakistan Economic Corridor are facing hurdles as Pakistan's National Highway Authority faces a financial crisis, the Pakistani media reported today. Pakistan-based newspaper Dawncited sources as saying that contractors stopped work on several CPEC projects after their cheques worth over Rs 5 billio...
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Pakistan Seeks Economic Lifeline With Fresh China Loans
Pakistan expects to obtain fresh Chinese loans worth $1-2 billion to help it avert a balance of payments crisis, Pakistani government sources said, in another sign of Islamabad's growing reliance on Beijing for financial support.
