Tag: China

Your next holiday should be to this ghost town in China

Loknath Das

Blanketed with greenery, the ghost town is perched atop cliffs looking west into sea mists obscuring the horizon. Abandoned homes ravaged by weather and creeping vines stand silent but for the surf, the whine of mosquitos, and birdsong. This is Houtouwan — Back Bay in Mandarin — an abandoned fishing village engulfed by nature on the far eastern island of Shengshan, 90km off the coast of Shanghai. Small groups of tourists on a recent weekend braved muddy footpaths through overgrown lawns to chase foggy photographs and answers to the question:…

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Samsung Galaxy A9 Star, Galaxy A9 Star Lite With Super AMOLED Displays Go Up for Pre-Orders in China

Loknath Das

HIGHLIGHTS Pre-orders for the Galaxy A9 Star and A9 Star Lite has started Both the phones currently available only in China Both handsets come with 4GB of RAM Samsung has unveiled two new smartphones – Galaxy A9 Star and Galaxy A9 Star Lite – in China. Previously, there have been several rumours regarding the arrival of the handsets, along with their price and specifications. The company has started pre-bookings for both the smartphones, ahead of the launch on June 7, which was tipped previously. The key highlights of the Galaxy A9 Star and Galaxy…

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China Targets Cryptocurrencies In Online Pyramid Scheme Crackdown

Loknath Das

In India, Arun Jaitley had once said that cryptocurrency is not legalised as of now China will crack down on online pyramid schemes, including speculation masked as cryptocurrencies and online games, the public security ministry said on Friday. The ministry will act jointly with the industrial and commercial department to stamp out pyramid-type schemes, besides punishing those who swindle students and vulnerable groups, the ministry said in a statement on its website. Chinese regulators have moved to rein in financial risks associated with virtual currency trades and pyramid schemes. A…

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China eases post-study work for foreign graduates

subhadip

The move is the latest in China’s strategy to position itself as a study destination and attract talent to help globalise its labour force. Under the new regulations announced on January 6 by the Ministries of Human Resources and Social Security, Foreign Affairs, and Education, foreign graduates with a master’s degree or above from a university in China are immediately eligible to apply for work visas within one year of graduation. Similarly, Chinese nationals with a master’s degree or above from “well-known universities overseas” can return to China to seek graduate…

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China urges India not to ‘complicate’ border dispute as Tibetan figure visits

subhadip

China called on India on Monday not to do anything to complicate their border dispute after a senior exiled Tibetan religious leader visited a sensitive border region controlled by India but claimed by China. The Karmapa Lama, Tibetan Buddhism’s third-most-senior figure who fled into exile in India in 2000, last week went to Tawang in the Indian state of Arunachal Pradesh, in the remote eastern Himalayas. China disputes the entire territory of Arunachal Pradesh, calling it south Tibet. Its historic town Tawang, a key site for Tibetan Buddhism, was briefly…

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Analysts: Militarization of South China Sea is fraught with risk of major war

subhadip

Further militarization of the South China Sea, which Vietnam has now joined in thereby following in China’s footsteps, may cause skirmishes and fire exchanges, as well as internationalization of the conflict involving the United States’ Pacific Fleet, polled experts have told TASS. OPINION Reuters quotes US intelligence sources as saying Vietnam is moving its missile complexes to Spratly Islands in the South China Sea, disputed by China and three other countries. These weapons are capable of hitting China’s facilities on neighboring reefs. The Chinese Foreign Ministry has expressed a strong…

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U.S. plans third patrol near disputed South China Sea islands – source

subhadip

The U.S. Navy plans to conduct another passage near disputed islands in the South ChinaSea in early April, a source familiar with the plan said on Friday, the third in series of challenges that have drawn sharps rebukes from China. The exact timing of the exercise and which ship would travel inside a 12-nautical mile limit around a disputed island was not immediately clear. The United States has conducted what it calls “freedom of navigation” exercises in recent months, sailing near disputed islands to underscore its right to navigate the…

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First train from China to Iran stimulates Silk Road revival

subhadip

First cargo train from China to Iran arrived in Tehran on Monday, indicating a milestone in reviving the “Silk Road”, which has opened a new chapter of win-win cooperation between China and Iran. The train, also referred to as Silk Road train, passed through Kazakhstan and Turkmenistan to Iran, travelling a distance of 10,399 kms. It had left Yiwu city in east China`s Zhejiang province on January 28, Xinhua reported. This train was carrying dozens of cargo containers, according to the deputy of Iran`s Road and Urbanism Minister Mohsen Pour-Aqaei,…

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Americans are Finding Opportunity in China’s Booming Economy

admin

Image Source: Wikipedia.org Since embarking on its market reforms on 1978, China has grown to be the world’s second largest economy. It is also ranked, by IMF, as the largest economy in the world by purchasing power parity. Moreover, the country is credited with being the leading destination for expatriates, with over 600000 foreign nationals as at January 2015, 12% of which were from the United States. Here, we will examine the circumstances surrounding the current wave of Americans seeking employment opportunities in China. Americans Finding Opportunities in China China,…

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Tesla to Sell Model X SUVs in China in First Half of 2016

nhdownyflake

Tesla Motors Inc. expects to start selling its Model X sport utility vehicle in China in the first half of next year after first introducing it in the U.S. this quarter. The electric-car manufacturer is also opening five to six new showrooms by the end of this year, bringing the total number in China to about 15, Gary Tao, a Beijing-based spokesman for Tesla, said by phone. The new outlets will be located in the center of cities like Beijing, Shanghai and Guangzhou to raise Tesla’s visibility, Tao said. Tesla’s…

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