Tag Archives: RMB

China: Daily Scan, July 11, 2022

Afghanistan
Afghan Coal Sold to Companies Linked to Pakistan Army: Analyst: Tolo News

Owners of coal factories in Afghanistan said the Afghan coal is being sold to three Pakistani companies: Fauji Fertilizer Power Station, Cherat Cement Factory and Lucky Cement and Coal. Economists said these companies are connected with the Pakistan Army. Click here to read…

Islamic Emirate Leader Vows to Enforce Islamic Law Across Country: Tolo News

The supreme leader of the Islamic Emirate, Mawlawi Hebatullah Akhundzada, vowed to enforce the Islamic system in Afghanistan. In audio recorded from Eid prayers in Eid-Gaah Mosque in Kandahar, Mawlawi Hebatullah Akhundzada, the Islamic Emirate’s leader, said that the laws which were not based on Sharia in the previous government will be demolishedClick here to read…

Kabul Sees Hike in Customs Revenue amid Hunger Strikes: The Khaama Press

The Ministry of Finance (MoF) said it has collected more than 24 billion Afs in revenue from customs offices within the first three months of the fiscal year – a promising figure for a country that has been suffering from financial loose since the fall last August. Click here to read…

Bangladesh
Commit to country’s wellbeing with spirit of sacrifice: PM- The Daily Star

Prime Minister Sheikh Hasina, on the eve of the holy Eid-Ul-Azha, has urged all to devote themselves to the welfare of the country while being imbued with the spirit of sacrifice. Click here to read…

Forfeit leaseholders’ deposits if they don’t clean up cattle markets: Mayor Atiqul- The Daily Star

Dhaka North City Corporation Mayor Md Atiqul Islam today said deposit money of leaseholders will be declared forfeit if they do not clean up cattle markets under DNCC. Click here to read…

Over 12 crore Bangladeshis can’t afford a healthy diet- The Daily Star

It is roughly Tk 286 ($3.064) in Bangladesh whereas the global average is about Tk 331 ($3.54), according to the UN’s flagship report styled “The state of food security and nutrition in the world 2022: Repurposing Food and Agricultural Policies to Make Healthy Diets More Affordable.” Click here to read…

Dhaka cattle markets finally booming- The Daily Star

After seeing a scarcity of customers, Dhaka’s cattle markets have started gaining momentum after Juma prayers yesterday, as a huge number of buyers rushed to the markets. Click here to read…

“Recall with gratitude Abe’s contributions to elevating Bangladesh-Japan relations”- The Daily Star

Prime Minister Sheikh Hasina today (July 8, 2022) expressed deep shock at former Japanese premier Shinzo Abe’s assassination, calling his sudden demise a great loss for Japan and the world. Click here to read…

Bhutan
Bhutan embarks on small hydropower projects for energy security- Kuensel

The Druk Green Power Corporation (DGPC) will begin construction of three small hydropower projects, one each at Lhuentse, Zhemgang and Haa, with a total generation capacity of 104 megawatts (MW). Click here to read…

Are managed-out civil servants eligible to contest elections?- Kuensel

With the next parliamentary elections approaching, the political ambitions of the executives who have been managed out through the leadership assessment exercise hinges on what the Election Commission of Bhutan (ECB) decides. Click here to read…

Walups question legality of land, owner refutes- Kuensel

There are about 30 households in Walungna. Villagers said they were never consulted nor knew that a new settler had bought 14 acres of land above the village, once their tsamdro (grazing land). Click here to read…

Their Majesties offer prayers and butter lamps for late former Prime Minister of Japan Shinzo Abe- Bhutan Times

His Majesty The King and Her Majesty The Gyaltsuen offered prayers and butter lamps at Tashichhodzong yesterday for the late former Prime Minister of Japan Shinzo Abe. Cabinet ministers, senior government officials, members of the diplomatic community and the Japanese community in Bhutan attended the ceremony. Click here to read…

Sudhakar Dalela appointed as next Ambassador to Bhutan- The Print

Sudhakar Dalela, an Indian Foreign Service (IFS) officer of the 1993 batch has been appointed as the Ambassador of India to the Royal Kingdom of Bhutan, the Ministry of External Affairs said on Saturday. Click here to read…

Maldives
Maldives seeks loan from Bangladesh – The Daily Star

In another show of the growing strength of Bangladesh’s economy, the government might give loans to the Maldives after the Island nation sought funds. If the government agrees to the request, it will mark the second time that Bangladesh has lent money to another country. Click here to read…

Bilateral ties between Maldives and South Sudan will continue to flourish: FM Shahid – Raajje

Foreign Minister Abdulla Shahid has expressed confidence that the bilateral ties of friendship between Maldives and South Sudan will continue to develop and flourish in the years ahead. Minister Shahid stated this in his message of felicitations to the Minister of Foreign Affairs and International Cooperation of the Republic of South Sudan, Mayiik Ayii Deng, on the occasion of their Independence Day. Click here to read…

Junta forces overrun resistance base in northwestern Myanmar – Myanmar Now

A base belonging to the anti-junta Yaw Defence Force (YDF) in Magway Region’s Htilin Township was attacked by junta troops last week, forcing resistance fighters to abandon the site and some 20m kyat (US$10,800) worth of supplies. Click here to read…

Blinken hits at ASEAN for lack of pressure on Myanmar – Federal News Network

U.S. Secretary of State Antony Blinken is criticizing Southeast Asian nations for not doing enough to press Myanmar’s military government to return the country to the path of democracy following last year’s power seizure. Click here to read…

India running out of options in Myanmar as a civil war rages and China backs the junta – National Herald India

The military junta in Myanmar, which seized power in a coup in February last year, have had luck and China on their side, making them far less vulnerable to external pressure than the Taliban in Afghanistan. Click here to read…

Junta Watch: Coup Leader Says Military Still Needed in Politics; Another ASEAN Snub, and More – The Irrawaddy

Offering a view that is the complete opposite of that held by the Myanmar people, junta chief Min Aung Hlaing said during a meeting with military personnel and their families in Pulaw Township, Ayeyarwady Region on Monday that the Tatmadaw (Myanmar’s military) must continue to take a leadership role in the country’s politics and maintain its oversight position as the “guardian” of the country. Click here to read…

Nepal
NRB seeks suggestions for monetary policy- Himalayan Times

The Nepal Rastra Bank (NRB) has sought suggestions for the monetary policy. Click here to read…

New citizenship bill does away with 7 years wait- Himalayan Times

The government registered a new citizenship bill last night proposing to continue the provision that allows foreign women married to Nepali men to obtain matrimonial naturalisation immediately after they take steps to renounce the citizenship of their mother country. Click here to read…

CPC foreign department chief Liu arrives in Kathmandu- Himalayan Times

Foreign Department Chief of the Communist Party of China (CPC), Liu Jianchao, arrived here this morning, leading an eight-member delegation. Click here to read…

Deuba government taking a leaf out of Oli’s book in obscene fashion, experts say- Kathmandu Post

A bill to amend Constitutional Council Act comes as the latest case to demonstrate current administration is no different from the previous one in disregarding rule of law. Click here to read…

Tax waiver sets off investment rush in automobile assembly plants- Kathmandu Post

Six motor vehicle assembly companies with a combined capital of Rs6.83 billion have been registered with the Industry Department in the current fiscal year. Click here to read…

Govt holds discussion with UML leader Nembang on citizenship bill- Republica

The government has expedited consultation with the main opposition party to endorse the citizenship bill through parliament. Click here to read…

Deuba protested Oli’s intent to change Constitutional Council rules. But, he is proposing the same changes now- OnlineKhabar

KP Sharma Oli issued the same ordinance between 2019 and 2021 introducing changes in the rules of the operation of the Constitutional Council. The ordinance was never endorsed in parliament as the then main opposition Nepali Congress was against it. Click here to read…

No closure after Nepal’s insurgency- Nepali Times

Sixteen years after the conflict ended, families still struggle for transitional justice. Click here to read…

Pakistan
Severe urban flooding in Karachi after record heavy downpour: The Express Tribune

The port city is facing severe urban flooding and continuous torrential rainfall since Sunday night with predictions that heavy downpour will continue for hours to come on Monday. Click here to read…

Deadline extended for energy standards: The Express Tribune

The government has extended the deadline for implementing the minimum energy performance standards for electric fans in an effort to minimise
power outages. Click here to read…

PM Shahbaz Shaarif extends Eid greetings to Erdogan, King Hamad: The News

Prime Minister Muhammad Shehbaz Sharif on Saturday held a telephonic call with President Recep Tayyip Erdogan and on behalf of the government and people of Pakistan, conveyed warm greetings to the government and people of Türkiye on the happy occasion of Eidul Azha. Click here to read…

Editorial: CPEC resumption: Dawn

Work has reportedly resumed on the Main Line 1 (ML-1) upgradation project, the largest component of China’s Belt and Road Initiative in Pakistan and the centrepiece of the second phase of CPEC. Click here to read…

Two PMLN ministers resign to participate in by-poll campaign: The News

Former speaker National Assembly Sardar Ayaz Sadiq and former provincial health minister Khwaja Salman Raffique resigned from their posts. PMLN Deputy Secretary Information and Punjab Law Minister Atta Tarar said that both the PMLN leaders had resigned from their posts to participate in the by-election campaign. Click here to read…

Sri Lanka
GR confirms to resign on Wednesday; Presidential Polls before March- The Daily Mirror

President Gotabaya Rajapaksa will end his presidency on Wednesday after handing in his resignation to the Parliament Speaker after which a decision has been taken to hold a presidential and parliamentary election before March next year, senior political sources told Daily Mirror last evening. Click here to read…

Slain Japanese PM’s funeral tomorrow; SL declares day of mourning- The Daily Mirror

Tomorrow, the country will observe a state of mourning as a mark of respect to the longest served late Japanese Prime Minister Shinzo Abe. Click here to read…

More than 1.5mn litrs of fuel distributed so far: LIOC MD- The Daily Mirror

More than 1.5 million litres of petrol and diesel have been released for distribution so far from the oil terminal at Trincomalee, Manoj Gupta, Managing Director, Lanka IOC PLC said. Click here to read…

India denies report of sending Indian troops to SL- The Daily Mirror
The Indian High Commission in Colombo categorically denied speculative reports in sections of media and social media about India sending her troops to Sri Lanka. Click here to read…

Pope Francis appeals for peace for SL- The Daily Mirror

Pope Francis has renewed his appeal for peace in Sri Lanka today. “I unite myself to the sorrow of the Sri Lankan people, who continue to suffer the effects of political and economic instability,” Pope Francis said on Sunday, following the weekly prayers. Click here to read…

India always stands with Sri Lanka, no refugee crisis at the moment: Jaishankar- The Daily Mirror

Indian External Affairs Minister S Jaishankar on Sunday said that India has been providing assistance to Sri Lanka and is monitoring the developments in the island nation adding that there is no refugee crisis now. Click here to read…

EU calls on all parties to focus on a peaceful, democratic transition in SL- The Daily Mirror

The European Union (EU) today called on all parties to cooperate and focus on a peaceful, democratic and orderly transition in Sri Lanka. Click here to read…

US urges SL leaders to work ‘quickly’ to address ‘discontent’- The Daily Mirror

As President Gotabaya Rajapaksa prepares to step down, the United States calls on “the Sri Lankan Parliament to approach this juncture with a commitment to the betterment of the nation – not any one political party,” a State Department spokesperson said as Secretary of State Antony Blinken visited Thailand. Click here to read…

IMF hopes for resolution of SL crisis to allow bailout talks- The Daily Mirror

The International Monetary Fund (IMF) said it is hoping for a resolution to Sri Lanka’s political turmoil that will allow a resumption of talks for a bailout package after a violent day of protests. Click here to read…

China: Daily Scan, May 19, 2022

Chinese premier stresses faster implementation of macro policies: Xinhuanet
May 18, 2022

Chinese Premier Li Keqiang has called for an accelerated pace and ramped-up efforts in the implementation of macro policies. Li, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, made the remarks while chairing a symposium on stabilizing growth, held in Yunnan Province on Wednesday. Click here to read…

Chinese President Xi Jinping’s address at the conference of the 70th anniversary of CCPIT and Global Trade and Investment Promotion Summit: Xinhuanet
May 18, 2022

Chinese President Xi Jinping addressed the conference of the 70th anniversary of the China Council for the Promotion of International Trade (CCPIT) and the Global Trade and Investment Promotion Summit via video link on Wednesday.

Following is the full text of the address: Click here to read…

Chinese FM to chair BRICS foreign ministers’ meeting via video link: Xinhunaet
May 18, 2022

Chinese State Councilor and Foreign Minister Wang Yi will chair the meeting of the BRICS Ministers of Foreign Affairs on Thursday via video link, Foreign Ministry Spokesperson Wang Wenbin announced Wednesday. Click here to read…

More China-donated COVID-19 vaccines arrive in Myanmar: Xinhuanet
May 18, 2022

Another batch of China-donated COVID-19 vaccines arrived in Myanmar’s Yangon on Wednesday, said a statement from the Chinese Embassy in Myanmar. Click here to read…

Plateau acclimatization training accelerates generation of recruits’ combat capability: China Military
May 18, 2022

Recently, a training base under the PLA Xizang Military Command and the Department of Highland Military Medicine of the PLA Army Medical University jointly launched a pilot program of “low-pressure hypoxia cabin acclimation training” for recruits to be stationed in the highland area of Xizang. Click here to read…

Li pledges support for platform, digital sectors: China Daily
May 19, 2022

Premier Li Keqiang pledged stronger support for the platform economy and the digital economy on Wednesday, including steps to help businesses get listed both in China and abroad, as part of broader steps to counter the downside pressure facing the economy. Click here to read…

Applications for car permits required to leave Shanghai: China Daily
May 18, 2022

Shanghai police said on Wednesday that people who need to leave the city by driving car must apply for a permit, which will be valid for six hours starting from the stipulated departure time. People can apply for a permit at their community committees. The permit will be approved and issued by the corresponding subdistrict or township government. Click here to read…

High-speed rail lines to accelerate: China Daily
May 18, 2022

Trains on one of China’s major high-speed rail lines will soon speed up as China rolls out its plan to further accelerate its already expeditious rail service. Starting June 20, high-speed trains will be able to operate at the increased maximum speed of 350 kilometers per hour along the high-speed rail section linking Beijing and Wuhan, Hubei province, and part of the railway linking Beijing and Guangzhou, Guangdong province, according to China State Railway Group, the national train operator. Click here to read…

New technologies help improve efficiency in research laboratories: China Daily
May 18, 2022

In a laboratory at the China Academy of Chinese Medical Sciences, a robotic arm is busy moving vials and petri dishes to measure the amount of serum protein in drug samples-an initial step in evaluating a medication’s efficacy. Click here to read…

At least 13 Chinese cities encourage families with 2 or 3 kids with preferential housing policies: Global Times
May 18, 2022

At least 13 cities across China have implemented preferential housing policies, starting from May, to encourage families with two or three children to buy more homes. The incentives include breaking the property-purchasing limit which allows one household to buy only one or two houses, and offering housing loans and subsidies. Click here to read…

Officials vow to tackle ‘stuck points’ in implementing support policies for small firms: Global Times
May 18, 2022

Chinese officials vowed on Wednesday to remove the “stuck points” in implementing policies aimed at easing the burden for small and medium-size enterprises (SMEs), as well as stressing a number of key missions for supporting the companies, such as increasing capital support and pushing for expansion of market demand. Click here to read…

Global investors snap up stocks of Chinese internet platforms amid growing policy support: Global Times
May 18, 2022

As the US threatens to delist a new batch of Chinese companies, foreign capital is rushing to increase holdings of Chinese internet stocks trading in the US, a trend that analysts said reflects the vigor of the platform economy in the world’s largest emerging market after a round of deep rectification. Click here to read…

Higher weighting of RMB in SDR basket to facilitate RMB’s internationalization: People’s Daily
May 18, 2022

The International Monetary Fund (IMF) raised the weighting of the Chinese renminbi (RMB) in the Special Drawing Rights (SDR) currency basket from 10.92 percent to 12.28 percent on May 11, after completing a quinquennial review. The composition of the basket – which includes the U.S. dollar, the euro, RMB, the Japanese yen, and the British pound sterling – remains the same, with the weighting of RMB continuing to rank in the third top spot. Click here to read…

‘Women in China want a house and a car’ so man looks for foreign wife and loses US$21,500 in scam: South China Morning Post
May 18, 2022

A dispute over a failed matchmaking service has put the spotlight on marriage scams in China and rules that prevent businesses from connecting foreigners with single Chinese people. Wu Zhimin, a father from Shijiazhuang, the capital city of Hebei province in northern China, said he had turned to a matchmaking service two years ago owned by a man named Chen Junhong because his son was struggling to find a romantic partner.
“My friends and relatives introduced my son to women who all demanded that my family provide a house and a car, which our circumstances did not permit,” said Wu in an interview with Hebei Television. “A matchmaker surnamed Chen told me his service could introduce foreign women to my son,” he recalled. Click here to read…

Students protest as discontent rises over China’s policy: Taipei Times
May 19, 2022

Administrators at an elite Beijing university have backed down from plans to further tighten restrictions on students as part of China’s “zero COVID-19” strategy after a weekend protest at the school, students said on Tuesday. Click here to read…

Shanghai rolls out plan to support more enterprises’ resumption amid epidemic situation easing: Global Times
May 19, 2022

Chinese financial hub Shanghai rolls out plan to support more enterprises to resume work and production which will progress in two phases, a vice mayor said Thursday, as the epidemic situation gradually eases in the city after weeks of closed-off management to beat down COVID-19 infections. Click here to read…

Top diplomat Yang Jiechi warns the US against playing ‘Taiwan card,’ vows China’s firm actions to safeguard sovereignty in phone talk with Sullivan: Global Times
May 19, 2022

China’s top diplomat Yang Jiechi held a phone conversation on Wednesday with US National Security Advisor Jake Sullivan upon request in which he warned the US against playing the “Taiwan card” and vowed that China will take firm actions to safeguard its sovereignty and security interests and the US can count on China to keep its promise. Click here to read…

Xi calls for joint efforts to defeat COVID-19, reinvigorate global trade: Global Times
May 19, 2022

Chinese President Xi Jinping on Wednesday called for joint efforts to defeat COVID-19, reinvigorate trade and investment, unleash the power of innovation in driving development, and improve global governance, as the world is facing a pandemic and drastic changes both unseen in a century. Click here to read…

5 million shared bikes using Beidou-based chips: China Daily
May 19, 2022

More than 5 million shared bikes on the Chinese mainland are using positioning and navigation services enabled by the country’s Beidou Navigation Satellite System, according to an industry insider. Click here to read…

Preservation capacity enhanced at China’s seed bank for cold-region crops: China Daily
May 19, 2022

The expansion of China’s only seed bank for cold-region crops has been completed recently to raise its seed preservation capacity from 80,000 to 200,000 samples. As the genes of most plants are contained in their seeds, germplasm resources have become the carriers of the genetic information of plants. A seed bank serves as the most important facility for preserving such resources. Click here to read…

Chinese vice premier stresses importance of cooperation between country’s eastern, western regions: China Daily
May 19, 2022

Chinese Vice Premier Hu Chunhua on Wednesday called for continued efforts in collaboration and paired assistance between the eastern and western regions of the country. Click here to read…

China’s new urban infrastructure construction makes urban governance, people’s life easier: Quishi
May 19, 2022

Trough diagram showing the spatial distribution of safety hazards to urban infrastructure with four colors that represent different levels of risks, i.e. red, orange, yellow and blue, the system makes locations with potential hazards clearly visible. Since its implementation over four years ago, the system has cumulatively forecast and issued early warnings against more than 6,000 emergencies including gas pipeline network leakage, excessive biogas concentration, water distribution network leakage and road cave-in, helping reduce the incidence of the city’s underground pipe network accidents by 60% and improve hazard screening efficiency by 70%, according to Li Xuan, deputy director at the center for urban lifeline operation monitoring equipped with the system. Click here to read…

Bilingual version of Xi’s discourses on safeguarding human rights published: Quishi
May 19, 2022

A Chinese-English bilingual version of extracts from Xi Jinping’s discourses on respecting and protecting human rights has been published by the Central Compilation and Translation Press. The bilingual version, featuring nine themes, is aimed at helping readers at home and abroad develop a deep understanding of the rich implications of Xi’s important statements, as well as the country’s endeavors on respecting and protecting human rights. Click here to read…

Beijing reports 50 new confirmed local COVID-19 cases: Xinhuanet
May 19, 2022

Beijing reported 50 new confirmed locally transmitted COVID-19 cases and five local asymptomatic cases on Wednesday, the Beijing municipal health commission said Thursday. Click here to read…

Shanghai reports 82 confirmed, 637 asymptomatic local COVID-19 cases: Xinhuanet
May 19, 2022

China’s Shanghai reported 82 confirmed locally transmitted COVID-19 cases and 637 local asymptomatic cases on Wednesday, the municipal health commission said Thursday. Click here to read…

Chinese mainland reports 191 new local confirmed COVID-19 cases: Xinhuanet
May 19, 2022

The Chinese mainland on Wednesday recorded 191 locally-transmitted confirmed COVID-19 cases, of which 82 were in Shanghai, according to the National Health Commission’s report Thursday. Click here to read…

Panchen Rinpoche attends religious activities in Tibet: Xinhuanet
May 19, 2022

Panchen Erdeni Chos-kyi rGyal-po on Wednesday attended religious activities in the Jokhang Temple in Lhasa, capital city of southwest China’s Tibet Autonomous Region. Panchen Erdeni Chos-kyi rGyal-po, a member of the Standing Committee of the National Committee of the Chinese People’s Political Consultative Conference, vice president of the Buddhist Association of China, and president of the association’s Tibet branch, arrived in Lhasa on May 10. Click here to read…