Page-81 of China

China lifts control on Bank lending rates

July 24, 2013

In a move toward creating a market oriented financial system to support economic growth, the People’s Bank of China and its Central Bank promulgated to lift the controls on bank lending rates. Background for why  China lifted the control on ..

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Huawei Technologies working on Fifth Generation (5G) Technology

July 24, 2013

Chinese equipment maker Huawei Technologies is working on the Fifth Generation (5G) which will be probably available for use by 2020. Samsung has also promulgated that it has tested 5G technology and it will be ready for commercial use by ..

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"IOE3-Kanban": 100-megapixel camera developed by China

July 19, 2013

What is “IOE3-Kanban”? IOE3-Kanban, is the name of the camera developed by the Institute of Optics and Electronics under the Chinese Academy of Sciences (CAC). Developers claim that it has a 100-megapixel resolution which makes it China’s highest pixel camera. ..

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IOR countries to pursue open regionalism to stimulate growth

July 10, 2013

Trade and industry ministers of Indian Ocean Rim Association for Regional Cooperation (IORARC) member nations agreed to promote trade within the grouping to encourage economic cooperation and development in the strategic Indian Ocean region. India (Gurgaon) and Mauritius co-hosted the ..

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“Joint Sea-2013”: China-Russia’s largest-ever naval drill

July 7, 2013

China and Russia are together conducting their largest-ever joint naval exercise named “Joint Sea-2013” in the Sea of Japan, a further sign of the broad-based progress in relations b/w the former Cold War era rivals. Those participating in the drill ..

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India-China trade deficit expands to $12 billion

July 5, 2013

There is a 34% surge in the trade deficit b/w India-China that reached $ 12 billion in the first five months of 2013, portraying a grim picture for Indian exports as bilateral trade continued to decrease, discouraging hopes of attaining a trade volume ..

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India rejects Snowden's request seeking political asylum

July 5, 2013

India turned down USA whistleblower Edward Snowden’s request seeking political asylum. The Indian Embassy in Moscow had received a communication containing a request for asylum. Earlier, Snowden, currently sheltered in the transit zone of Moscow airport, has sought asylum in 20 countries, ..

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U.N. peacekeeping forces to take over from French troops in Mali

July 3, 2013

United Nations peacekeeping force will take over from African troops in conflict-scarred Mali. A 12,600-strong force will take over security duties from French troops who entered Mali in January 2013. France had sent troops to the country to recapture two ..

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Port Pipavav retains top spot in seafood exports

July 1, 2013

Pipavav port located in Saurashtra (Gujarat), has retained the top position for the second consecutive year in seafood exports in FY13 in terms of quantity. The port has recorded an increase of 6% over the previous fiscal. As per Marine Products Export Development Authority, ..

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Indians among top 5 foreign real estate buyers in the US

June 28, 2013

As per report titled “2013 Profile of International Home Buying Activity”, Indians are among the top five foreigners buying real estate in the US, even as there has been a decrease in foreigners acquiring properties in the US. As per the report: ..

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