• Sunday, October 26, 2014

  • banglalink
  • 2014/10/21/ad_1413879960.jpg
  • 2014/09/16/ad_1410871450.gif

China

China's Hong Kong follies

EXCLUSIVE TO THE DAILY STAR
WORLD IN WORDS

China's Hong Kong follies

THE massive public demonstrations by students and young members of the middle-class that have roiled Hong Kong in recent weeks are ostensibly demands for democracy. But they actually reflect frustration among a population that has been poorly governed by a succession of leaders picked by China's central government more for their loyalty than...

Deal struck for new Asian bank

Deal struck for new Asian bank

Twenty-one Asian countries that are willing to join the Asian Infrastructure Investment Bank (AIIB) as founding members yesterday signed the Memorandum of Understanding on establishing the Bank. Chinese President Xi Jinping met the representatives of the 21 countries after the signing ceremony in the morning. The countries are Bangladesh, Brunei, Cambodia, China, India, Kazakhstan, Kuwait, Laos, Malaysia, Mongolia, Myanmar, Nepal, Oman, Pakistan, the Philippines, Qatar, Singapore, Sri Lanka, Thailand, Uzbekistan and Vietnam. The AIIB aims to fund rail, road, power and other projects across the region. The Bank's authorised capital is $100 billion while the initial subscribed capital is expected to be around $50 billion. The paid-in ratio will be 20 percent. The AIIB...

China, Iran seek closer military ties: Officials

China wants to have closer military ties with Iran, the Chinese defence minister told the visiting head of the Iranian navy yesterday, state media reported, reaffirming diplomatic links despite controversy over Iran's nuclear plans. Chinese Defense Minister Chang Wanquan told Iranian Navy Commander Rear Admiral Habibollah Sayyari that the two armed forces have seen "good cooperation on mutual visits, personnel training and other fields in recent years", China's official Xinhua news agency reported. "Exchanges between the two navies have been fruitful...

Bangladesh signs China-led Asian bank MoU

Bangladesh signs China-led Asian bank MoU

Twenty one Asian countries, including Bangladesh, signed a Memorandum of Understanding (MoU) on establishing the China-led Asian Infrastructure Investment Bank (AIIB) today with three major countries skipping the event. Australia, Indonesia and South Korea skipped the launching ceremony as the United States said it had concerns about the new rival to Western-dominated multilateral lenders,...

Exclusive to The Daily Star
THE NEW GLOBAL ECONOMY

China's vicious growth circle

China's vicious growth circle

MOST economists have a reason to be worried about China's economy -- whether it be low consumption and large external surpluses, industrial overcapacity, environmental degradation, or government interventions like capital controls or financial repression. What many fail to recognise is that these are merely the symptoms of a single underlying problem: China's skewed...

Clashes at Hong Kong protest site

Clashes at Hong Kong protest site

Violent clashes erupted early on Sunday in a Hong Kong protest hotspot as unarmed pro-democracy activists once again confronted riot police despite the confirmation of talks between protest leaders and officials early this week. Hong Kong's 28,000 strong police force have been struggling to contain a youth-led movement that has shown little sign of...

Hong Kong protesters strike back

Hong Kong protesters strike back

Pro-democracy demonstrators in Hong Kong have retaken streets in the Mong Kok district cleared by the authorities just a few hours earlier. Their victory came after clashes with riot police using batons and pepper spray. Wielding open umbrellas as their only weapons, an estimated 9,000 demonstrators pushed back police lines. They managed to retake territory south...

Mysterious US spaceplane returns to Earth

Mysterious US spaceplane returns to Earth

A US plane on a top-secret, two-year mission to space has returned to Earth and landed in California. The aircraft, resembling a miniature space shuttle and known as the Orbital Test Vehicle or X-37B, spent 674 days in orbit around the planet. It touched down at Vandenberg Air Force Base on Friday morning. The purpose of...

Exclusive to The Daily Star
AWAKENING INDIA

China's Silk Road revival

THE phrase “Silk Road” evokes a romantic image -- half history, half myth -- of tented camel caravans winding their way across the trackless deserts and mountains of Central Asia. But the Silk Road is not just part of a fabled past; it is an important feature of China's current foreign policy. The historical Silk Road comprised an overland and a maritime route, both of which facilitated the transfer to Europe of South and East Asian goods and ideas, from...

Hong Kong police use pepper spray on protesters

Hong Kong police use pepper spray on protesters

Hong Kong police used pepper spray on Thursday to stop pro-democracy protesters from blocking a major road near the office of the city's embattled leader amid public anger over the police beating of a protester a day earlier. At police headquarters in the nearby entertainment district of Wan Chai, hundreds of people gathered outside...

Video Stories »

2014/09/16/ad_1410871476.gif
ksrm
concord

Ads by Google


Ads by Google