China’s largest property developer, Country Garden, said that it faced a loss of USD 7.1 billion in the first six months of the year, mounting pressure on the Chinese homebuilder already experiencing a financial meltdown, The New York Times (NYT) reported.
In regard to media queries regarding China’s bizarre claims, the MEA issued an official statement rejecting the so-called 2023 “standard map” of China.
Interestingly, the Congress party is now desperately raking up the China issue in a bid to project the Modi government's approach towards China as 'weak'. However, the party and its prince Rahul Gandhi have on several occasions expressed their admiration for China openly.
As per reports, China’s ambassador to South Africa Chen Xiaodong told while speaking to the media, "I am confident that as two nations, two countries, we will have direct talks, direct meetings. I cannot say there is tension between us, but as neighbouring countries we have many common interests at the same time we have some problems."