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China slowdown deepens: Factory output, retail sales miss forecasts; property slump, weak demand fuel stimulus calls

China’s economy lost further steam in August, with factory output and retail sales both underperforming expectations, raising pressure on Beijing to roll out fresh stimulus as weak consumption and a property slump weigh on growth.According to data from the National Bureau of Statistics (NBS), industrial output rose 5.2 per cent year-on-year in August, slowing from…

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Hockey Asia Cup final: India women’s team loses 1-4 to China, settles for silver and misses out on direct World Cup berth | Hockey News

India women’s team loses 1-4 to China (HI Photo) The Indian women’s hockey team lost 1-4 to China in the Asia Cup final, missing their chance for direct qualification to next year’s World Cup. Despite India’s early lead through Navneet Kaur’s penalty corner conversion, China secured their victory with goals from Zixia Ou, Hong Li,…

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$3.4 billion push: India set to build new Indian Railways’ lines near China border; to complement road infra

India plans to strengthen its northeastern border region through extensive railway development. (AI image) India is planning to build railway lines in the north-east along the border with China, with an aim to enhance logistics infrastructure in the strategically important areas. The development, estimated to cost the government 300 billion rupees ($3.4 billion), has a…

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China gold licences: Yellow metal’s largest buyer to ease rules; continues to diversify away from dollar reserves

China, the world’s largest consumer of gold, is planning to relax licensing norms for the export and import of the yellow metal, as the nation continues to steer away its reserves from the US dollar.According to a draft proposal from the People’s Bank of China (PBOC), the country plans to expand the use of “multi-use…

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’50-100% tariff’: Trump launches massive threat tirade on China; seeks quick end to Ukraine war

Trump-Xi-Putin (AI image generated using ChatGPT) US President Donald Trump has threatened sweeping new tariffs of up to 100% on Chinese goods while calling on Nato allies to halt oil purchases from Russia, arguing that such measures would end the war in Ukraine swiftly.In an aggressive post on Truth Social, which he described as “a…

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‘Would have frozen to death if …’ : Mother of 2 trapped in -20°C freezer, rescued by delivery rider in China

What began as another ordinary evening at a cold-storage facility in central China’s Hunan province nearly turned into a tragedy when a 39-year-old woman found herself trapped inside a freezer set at minus 20°C. With no phone, no winter clothing, and no one around to hear her cries, she thought she would never make it…

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