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The European Union is moving to force the phase-out of Chinese‑made equipment from critical infrastructure, barring companies such as Huawei and ZTE (000063.SZ), opens new tab from telecom networks and solar energy systems, the Financial Times reported on Saturday.
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A Chinese reconnaissance drone briefly flew over the Taiwan-controlled Pratas Islands at the top end of the South China Sea on Saturday, in what Taiwan’s Defense Ministry called a ’’provocative and irresponsible’’ move.
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India plans to make it much easier for foreign firms to invest in defence companies, two government sources with knowledge of the matter said - a move that would align with efforts to boost domestic manufacturing after last year’s conflict with Pakistan.
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India attracted $51 billion in foreign direct investment (FDI) in the last six months, reflecting sustained global investor interest as the government sharpens its focus on manufacturing, technology and startup-led innovation, Amardeep Singh Bhatia, Secretary, Department for Promotion of Industry and Internal Trade (DPIIT) said on Wednesday.
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Muscat came alive this week as the Indian Naval Sailing Vessel INSV Kaundinya arrived at Port Sultan Qaboos, completing an 18-day maiden voyage from Porbandar in Gujarat. More than a simple port call, the vessel’s arrival was hailed as a vivid celebration of centuries-old civilisational, maritime, and cultural ties between India and Oman.
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The United States is withdrawing some personnel from bases in the Middle East, a U.S. official said on Wednesday, after a senior Iranian official said Tehran had warned neighbours it would hit American bases if Washington strikes.
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Ontario Premier Doug Ford is imploring Mark Carney not to lift tariffs on Chinese-made electric vehicles as the prime minister heads to Beijing in a bid to build relations. It’s been a long-standing request of the premier,
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Britain’s government is expected to approve a “mega” Chinese embassy close to London’s financial district after years of controversy and political wrangling over the potential security risks it poses to the U.K.