Why US has deployed its $2 billion worth B-2 Spirit bombers in South China Sea

India's ministry of external affairs said today that "China's disengagment and respecting and abiding by the LAC is the basis of peace and tranquility in the area."

the Working Mechanism for Consultation and Coordination(WMCC) on India-China borders affairs is likely to take place tomorrow(Friday), a day after reports emerged that China's People's Liberation Army(PLA) has slowed the de-escalation process.

India and China's core commanders had met in eastern Ladakh last week as part of phase two of the disengagement process.

India and China's core commanders had met in Chuasal in eastern Ladakh last week as part of phase two of the disengagement process.

On the Kulbhushan Jadav issue, the MEA said that Pakistan has not been able to provide "unimpeded access" to Kulbhushan Jadav.

The MEA said that meeting that was provided earlier was cuttled as officials were not allowed to hand over imp documents.&nbsp;

"India had appointed a lawyer to obtain the documents but when the lawyer went to obtain them, he was denied," the MEA said.

"our Pakistan lawyer who was informd of the review petition could bot be file in absence of the required documents. Pakistan has created confusion on the dates of submission," the MEA informed.

The MEA said that Pakistan has created "confusion on the dates of submission" and delayed informing India.

India's ministry of external affairs said today that "China's disengagment and respecting and abiding by the LAC is the basis of peace and tranquility in the area.

India's ministry of external affairs said today that "China's disengagment and respecting and abiding by the LAC is the basis of peace and tranquility in the area." the Working Mechanism for Consultation and Coordination(WMCC) on India-China borders affairs is likely to take place tomorrow(Friday), a day after reports emerged that China's People's Liberation Army(PLA) has slowed the de-escalation process. India and China's core commanders had met in eastern Ladakh last week as part of phase two of the disengagement process. India and China's core commanders had met in Chuasal in eastern Ladakh last week as part of phase two of the disengagement process. On the Kulbhushan Jadav issue, the MEA said that Pakistan has not been able to provide "unimpeded access" to Kulbhushan Jadav. The MEA said that meeting that was provided earlier was cuttled as officials were not allowed to hand over imp documents. "India had appointed a lawyer to obtain the documents but when the lawyer went to obtain them, he was denied," the MEA said. "our Pakistan lawyer who was informd of the review petition could bot be file in absence of the required documents. Pakistan has created confusion on the dates of submission," the MEA informed. The MEA said that Pakistan has created "confusion on the dates of submission" and delayed informing India.

India-China standoff: Amid reports of PLA slowing de-escalation, India, China WMCC talks on border affairs to take place on Friday

India's ministry of external affairs(MEA) said today that as part of phase 4 of "Vande Bharat" mission 945 international flights &amp; 252 feeder flights have been scheduled.

Commercial international flights were halted in March after the lockdown was announced with domestic flights allowed to resume operation last month.

The MEA added that 1,197 flights have been scheduled with Air India set to operate 30 flights a week to the United States. The MEA added that it is in touch with the stranded Indians abroad.

The ministry announced that the flights will be operated by Air India group, IndiGo, SpiceJet &amp; GoAir.

Air India had earlier carried out repatriation operations in May under the "Vande Bharat" mission as the virus led to the Indian government blocking international flights.

Meanwhile, the first-ever container cargo from Kolkata via Chattogram arrived in Agartala today as part of India-Bangladesh connectivity and economic partnership. India and Bangladesh have enhanced cooperation in shipping and inland water trade. &nbsp;

Union minister Mansukh Mandaviya had last week flagged off the first trial container ship from Kolkata carrying cargo meant for Agartala that reached the city via the Chattogram port.

India's ministry of external affairs(MEA) said today that as part of phase 4 of "Vande Bharat" mission 945 international flights & 252 feeder flights have been scheduled.

India's ministry of external affairs(MEA) said today that as part of phase 4 of "Vande Bharat" mission 945 international flights & 252 feeder flights have been scheduled. Commercial international flights were halted in March after the lockdown was announced with domestic flights allowed to resume operation last month. The MEA added that 1,197 flights have been scheduled with Air India set to operate 30 flights a week to the United States. The MEA added that it is in touch with the stranded Indians abroad. The ministry announced that the flights will be operated by Air India group, IndiGo, SpiceJet & GoAir. Air India had earlier carried out repatriation operations in May under the "Vande Bharat" mission as the virus led to the Indian government blocking international flights. Meanwhile, the first-ever container cargo from Kolkata via Chattogram arrived in Agartala today as part of India-Bangladesh connectivity and economic partnership. India and Bangladesh have enhanced cooperation in shipping and inland water trade. Union minister Mansukh Mandaviya had last week flagged off the first trial container ship from Kolkata carrying cargo meant for Agartala that reached the city via the Chattogram port.

Indian government allows Air India to operate 30 flights a week to US

Luigi Ventura, Pope Francis's former ambassador to France will stand trial for alleged sexual assault, according to newswire AFP.

Ventura had resigned from his post after police had questioned him on sexual assault charges. Ventura is set to appear in court in November.

He was also accused by four male of sexual misconduct. Ventura has denied the allegation. A similar complaint was also filed in Ottawa when Ventura was serving in Ottawa in 2008.&nbsp;

The church has been hit by a plethora of sexual assault charges in the past few years. Last month, Pope Francis has asked the Polish Bishop Edward Janiak to step down over alleged sexual abuse of children.

Pope Francis appointed Archbishop Grzegorz Rys to run the Polish diocese of Kalisz.

In March, Pope Francis had accepted the resignation of French Cardinal Philippe Barbarin,69 for failing to report an alleged paedophile priest. The French cardinal was accused by victims of ignoring child abuse cases.

A Lyon court had convicted Barbarin but a French appeals court had overruled it as Barbarin was given a six-month suspended jail sentence before it was overturned by the court. The judge said that Barbarin should have reported the incidents.

Last year, the Pope had abolished the rule of "pontifical secrecy" in cases of sex abuse investigations. The pope issued two documents which forbade imposing obligation of silence on those who report sex abuse or allege to have been the victim.

The documents known as rescriptum is when the Pope can use his authority to rewrite specific articles of canon law or parts of previous papal documents.

&nbsp;

Luigi Ventura, Pope Francis's former ambassador to France will stand trial for alleged sexual assault, according to newswire AFP. Ventura had resigned from his post after police had questioned him on sexual assault charges.

Luigi Ventura, Pope Francis's former ambassador to France will stand trial for alleged sexual assault, according to newswire AFP. Ventura had resigned from his post after police had questioned him on sexual assault charges. Ventura is set to appear in court in November. He was also accused by four male of sexual misconduct. Ventura has denied the allegation. A similar complaint was also filed in Ottawa when Ventura was serving in Ottawa in 2008. The church has been hit by a plethora of sexual assault charges in the past few years. Last month, Pope Francis has asked the Polish Bishop Edward Janiak to step down over alleged sexual abuse of children. Pope Francis appointed Archbishop Grzegorz Rys to run the Polish diocese of Kalisz. In March, Pope Francis had accepted the resignation of French Cardinal Philippe Barbarin,69 for failing to report an alleged paedophile priest. The French cardinal was accused by victims of ignoring child abuse cases. A Lyon court had convicted Barbarin but a French appeals court had overruled it as Barbarin was given a six-month suspended jail sentence before it was overturned by the court. The judge said that Barbarin should have reported the incidents. Last year, the Pope had abolished the rule of "pontifical secrecy" in cases of sex abuse investigations. The pope issued two documents which forbade imposing obligation of silence on those who report sex abuse or allege to have been the victim. The documents known as rescriptum is when the Pope can use his authority to rewrite specific articles of canon law or parts of previous papal documents.

Pope's ex-envoy Luigi Ventura to stand trial on sex assault charges

Amazon founder Jeff Bezos, 56, added $13 billion to his net worth on Monday along with Tesla CEO Elon Musk, 49, added $5 billion, according to Bloomberg's billionaire's index.

<a href="https://www.wionews.com/technology/very-close-to-level-5-autonomous-driving-technology-tesla-chief-elon-musk-311978">Also Read:&nbsp;'Very close' to level 5 autonomous driving technology, says&nbsp;Tesla chief Elon Musk</a>

The Amazon founder's one-day jump is the highest for an individual in history.&nbsp;Bezos fortune surged after Amazon stocks rocketed 7.9 per cent on growing web shopping trends amid the pandemic. 
&nbsp; 
The Amazon stocks are already 73 per cent up this year and have grown exponentially since the coronavirus pandemic began as people around the world were asked to stay home leading to shopping from the web portals.

Bezos current net worth is $189.3 billion. The Amazon chief had recently pledged $2 billion in projects aimed at combatting climate change, stepping up efforts to reduce the carbon footprint of the tech giant.

Bezos has already added $74.4 billion to his fortune this year. Bezos ex-wife Mackenzie Bezos also saw her fortune rise as she added $4.6 billion to her net worth becoming the thirteenth richest person in the world and the second richest woman after L’Oréal's heiress Françoise Bettencourt Meyers.

Tesla chief Elon Musk also rocked on Monday as Tesla stocks surged 9.5 per cent ahead of the earnings report.&nbsp;

Musk's net worth climbed $5 billion as he became the fifth richest man in the world with a net worth of $74.2 billion.

Tesla's rally at the stock market added 305.6 billion to the company's value overtaking Toyota by nearly $100 billion. Toyota till recently was the most valuable motor company in the world but has been shaken up by Musk's new electric car initiative.

Amazon founder Jeff Bezos, 56, added $13 billion to his net worth on Monday along with Tesla CEO Elon Musk, 49, added $5 billion, according to Bloomberg's billionaire's index.

Amazon founder Jeff Bezos, 56, added $13 billion to his net worth on Monday along with Tesla CEO Elon Musk, 49, added $5 billion, according to Bloomberg's billionaire's index. Also Read: 'Very close' to level 5 autonomous driving technology, says Tesla chief Elon Musk The Amazon founder's one-day jump is the highest for an individual in history. Bezos fortune surged after Amazon stocks rocketed 7.9 per cent on growing web shopping trends amid the pandemic. The Amazon stocks are already 73 per cent up this year and have grown exponentially since the coronavirus pandemic began as people around the world were asked to stay home leading to shopping from the web portals. Bezos current net worth is $189.3 billion. The Amazon chief had recently pledged $2 billion in projects aimed at combatting climate change, stepping up efforts to reduce the carbon footprint of the tech giant. Bezos has already added $74.4 billion to his fortune this year. Bezos ex-wife Mackenzie Bezos also saw her fortune rise as she added $4.6 billion to her net worth becoming the thirteenth richest person in the world and the second richest woman after L’Oréal's heiress Françoise Bettencourt Meyers. Tesla chief Elon Musk also rocked on Monday as Tesla stocks surged 9.5 per cent ahead of the earnings report. Musk's net worth climbed $5 billion as he became the fifth richest man in the world with a net worth of $74.2 billion. Tesla's rally at the stock market added 305.6 billion to the company's value overtaking Toyota by nearly $100 billion. Toyota till recently was the most valuable motor company in the world but has been shaken up by Musk's new electric car initiative.

One day gain in net value: Amazon founder Jeff Bezos makes $13 billion, Tesla chief Musk adds $5 billion

Brazil's governor announced today that the country would be conducting trials of the Chinese vaccine which is being developed by Chinese pharmaceutical firm Sinovac.

"Trials of CoronaVac, one of the vaccines that has advanced furthest in testing in the world, will begin at the Clinical Hospital of Sao Paulo," governor Joao Doria said.

Watch:

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Brazil has the second-highest coronavirus cases in the world after the United States with over 2.1 million cases and over 81,000 fatalities.&nbsp;

Brazilan president Bolsanoro himself has been detected with the virus.&nbsp;The private Chinese company Sinovac is partnering with the Brazilian Butantan Institute to conduct the trials. The first doses of the virus will be administered to nearly 900 volunteers.

Another Chinese company Sinopharm also entered Phase 3 trials in the United Arab Emirates this month.

Sinovac is the third entity in the world to enter Phase 3 trials. UK's Oxford University in Britain and pharmaceutical firm AstraZeneca have also been conducting Phase 3 testing in Brazil.

Meanwhile, the United States has signed a $1.95 billion agreement with pharma giant Pfizer and Germany's BioNTech for 100 million doses of their experimental COVID-19 vaccine under "Operation Warp Speed" which focuses on accelerating coronavirus vaccine development.

Pfizer and BioNTech have been developing the vaccine together.&nbsp;

Americans "will receive the future vaccine for free in line with the Trump administration's pledge," the two companies said in a statement.

The race to develop the vaccine is being carried out worldwide with at least 200 candidate vaccines under various stages of development.

The US has earlier announced $456 million for Johnson &amp; Johnson's vaccine, $486 million for Moderna and $628 million for the vaccine from Emergent Biosolutions.

Brazil's governor announced today that the country would be conducting trials of the Chinese vaccine which is being developed by Chinese pharmaceutical firm Sinovac.

Brazil's governor announced today that the country would be conducting trials of the Chinese vaccine which is being developed by Chinese pharmaceutical firm Sinovac. "Trials of CoronaVac, one of the vaccines that has advanced furthest in testing in the world, will begin at the Clinical Hospital of Sao Paulo," governor Joao Doria said. Watch: Brazil has the second-highest coronavirus cases in the world after the United States with over 2.1 million cases and over 81,000 fatalities. Brazilan president Bolsanoro himself has been detected with the virus. The private Chinese company Sinovac is partnering with the Brazilian Butantan Institute to conduct the trials. The first doses of the virus will be administered to nearly 900 volunteers. Another Chinese company Sinopharm also entered Phase 3 trials in the United Arab Emirates this month. Sinovac is the third entity in the world to enter Phase 3 trials. UK's Oxford University in Britain and pharmaceutical firm AstraZeneca have also been conducting Phase 3 testing in Brazil. Meanwhile, the United States has signed a $1.95 billion agreement with pharma giant Pfizer and Germany's BioNTech for 100 million doses of their experimental COVID-19 vaccine under "Operation Warp Speed" which focuses on accelerating coronavirus vaccine development. Pfizer and BioNTech have been developing the vaccine together. Americans "will receive the future vaccine for free in line with the Trump administration's pledge," the two companies said in a statement. The race to develop the vaccine is being carried out worldwide with at least 200 candidate vaccines under various stages of development. The US has earlier announced $456 million for Johnson & Johnson's vaccine, $486 million for Moderna and $628 million for the vaccine from Emergent Biosolutions.

Now, Brazil set to test China's COVID-19 vaccine CoronaVac

WION Global Summit on "Decoding China" today dissected China's new helmsman Xi Jinping with thought leaders across the world.

It's more than a coincidence that China has resorted to military action in the Galwan Valley even as the coronavirus which originated in Wuhan has ravaged&nbsp;the planet.

<a href="https://www.wionews.com/india-news/chinas-army-is-modernising-but-it-is-untested-says-john-blaxland-at-wion-global-summit-315210">Also Read: China's army is modernising but it is untested, says John Blaxland at WION Global Summit</a>

During the summit, Derek Grossman, senior defence analyst, Rand Corporation, said: "The common narrative is that the timing of the Galwan incident is mostly related to China trying to exploit the coronavirus pandemic for its own geopolitical gain but the problem is that there is simply no evidence."

China has refuted all allegations, saying all it wants is to "maintain peace" and help other nations in trying times.

Gautam Bambawale, India's former ambassador to China, explained: "As a reaction to the COVID-19 situation across the world, the Chinese have come out diplomatically swinging in all directions, what they describe as the wolf warrior diplomacy. I don't think this is doing them any good."

<a href="https://www.wionews.com/india-news/chinas-reform-plans-have-stalled-says-dexter-roberts-at-wion-global-summit-315204">Also Read:&nbsp;China's reform plans have stalled, says Dexter Roberts at WION Global Summit</a>

According to Bruno Macaes, former Europe minister of Portugal, China is interested to some extent "in intimidating India. It views&nbsp;India as an obstacle and as a problem."

Intimidating India or exercising its unjust power has become China's primary objective these days, the experts felt at&nbsp;WION's Global Summit.

WION Global Summit on "Decoding China" today dissected China's new helmsman Xi Jinping with thought leaders across the world. It's more than a coincidence that China has resorted to military action in the Galwan Valley even as the coronavirus which originated in Wuhan has ravaged the planet.

WION Global Summit on "Decoding China" today dissected China's new helmsman Xi Jinping with thought leaders across the world. It's more than a coincidence that China has resorted to military action in the Galwan Valley even as the coronavirus which originated in Wuhan has ravaged the planet. Also Read: China's army is modernising but it is untested, says John Blaxland at WION Global Summit During the summit, Derek Grossman, senior defence analyst, Rand Corporation, said: "The common narrative is that the timing of the Galwan incident is mostly related to China trying to exploit the coronavirus pandemic for its own geopolitical gain but the problem is that there is simply no evidence." China has refuted all allegations, saying all it wants is to "maintain peace" and help other nations in trying times. Gautam Bambawale, India's former ambassador to China, explained: "As a reaction to the COVID-19 situation across the world, the Chinese have come out diplomatically swinging in all directions, what they describe as the wolf warrior diplomacy. I don't think this is doing them any good." Also Read: China's reform plans have stalled, says Dexter Roberts at WION Global Summit According to Bruno Macaes, former Europe minister of Portugal, China is interested to some extent "in intimidating India. It views India as an obstacle and as a problem." Intimidating India or exercising its unjust power has become China's primary objective these days, the experts felt at WION's Global Summit.

China views India as an obstacle, says Bruno Macaes at WION Global Summit

WION's Global Summit on "Decoding China" today&nbsp;explored the prospect of China's&nbsp;superpower dreams powered by technology with thought leaders.

During the summit, experts observed that 5G technology has resulted in a race between China and the US. The nation that leads in 5G deployment could gain an edge in rolling out future technologies.

<a href="https://www.wionews.com/india-news/chinas-army-is-modernising-but-it-is-untested-says-john-blaxland-at-wion-global-summit-315210">Also Read:&nbsp;China's army is modernising but it is untested, says John Blaxland at WION Global Summit</a>

Dr Robert Spalding, former senior Director, Strategy, US National Security Council said that the Chinese Communist Party allows tech companies to harvest data and build their algorithms in anticipation of dominating the 5G market.

China's campaign to control the core technology market especially 5G has been slowed down by the coronavirus pandemic that has ravaged the world but the Dragon is moving full steam ahead. 
' 
On the other hand, the US has been dominated the 4G technology expansion and expects to do the same with 5G.

<a href="https://www.wionews.com/india-news/chinese-communist-party-allows-tech-companies-to-harvest-data-says-robert-spalding-at-wion-global-summit-315212">Also Read:&nbsp;Chinese Communist Party allows tech companies to harvest data, says Robert Spalding at WION Global Summit</a>

"There is concern within the US business community that the United States is lagging behind in 5G, and China by rolling out the technology can take a lead in innovation," said Paul Triolo, Geo-Technology practice head at the Eurasia Group.

5G is the next generation of wireless technology rolling out across the world promising to deliver much faster wireless service and a more responsive network.

"US should welcome the rise of China because America had always achieved its greatest accomplishments when it had a great power rival. Think of the space race that was kicked off by the Sputnik," said Simon Lacey, former vice president Huawei technologies.

WION's Global Summit on "Decoding China" today explored the prospect of China's superpower dreams powered by technology with thought leaders. During the summit, experts observed that 5G technology has resulted in a race between China and the US.

WION's Global Summit on "Decoding China" today explored the prospect of China's superpower dreams powered by technology with thought leaders. During the summit, experts observed that 5G technology has resulted in a race between China and the US. The nation that leads in 5G deployment could gain an edge in rolling out future technologies. Also Read: China's army is modernising but it is untested, says John Blaxland at WION Global Summit Dr Robert Spalding, former senior Director, Strategy, US National Security Council said that the Chinese Communist Party allows tech companies to harvest data and build their algorithms in anticipation of dominating the 5G market. China's campaign to control the core technology market especially 5G has been slowed down by the coronavirus pandemic that has ravaged the world but the Dragon is moving full steam ahead. ' On the other hand, the US has been dominated the 4G technology expansion and expects to do the same with 5G. Also Read: Chinese Communist Party allows tech companies to harvest data, says Robert Spalding at WION Global Summit "There is concern within the US business community that the United States is lagging behind in 5G, and China by rolling out the technology can take a lead in innovation," said Paul Triolo, Geo-Technology practice head at the Eurasia Group. 5G is the next generation of wireless technology rolling out across the world promising to deliver much faster wireless service and a more responsive network. "US should welcome the rise of China because America had always achieved its greatest accomplishments when it had a great power rival. Think of the space race that was kicked off by the Sputnik," said Simon Lacey, former vice president Huawei technologies.

Chinese Communist Party allows tech companies to harvest data, says Robert Spalding at WION Global Summit

WION Global Summit today decoded China's military and the power of its propaganda machinery. The country has the world’s largest army in active duty. After China comes India, United States, North Korea, and Russia.

<a href="https://www.wionews.com/india-news/chinas-reform-plans-have-stalled-says-dexter-roberts-at-wion-global-summit-315204">Also Read:&nbsp;China's reform plans have stalled, says Dexter Roberts at WION Global Summit</a>

John Blaxland, professor at the Australian National University, speaking the WION Global Summit said: “It (Chinese) is an untested army. It is modernising and employing some of the latest technologies. But, it is an untested one. The last time it was involved in a conflict, it got a very bloody nose”.

China has stepped up its military activity across multiple fronts recently amid the coronavirus pandemic. The country was involved in a border skirmish along the Line of Actual Control(LAC) with India&nbsp;which led to casualties on both sides. China, however, did not reveal the numbers.

There were also tensions in the South China Sea as the United States and India recently undertook joint naval exercises off Andaman and Nicobar islands.

Lawrence Korb, the former Assistant of Secretary Defense, US, stressed the importance of unity against China at WION's Global Summit.&nbsp;

“Under a more traditional US president, unlike President Trump, we would be working with all our allies to present a united front," Korb said.&nbsp;

Korb claimed the US president has been too fixated on economic relations which has pushed China's military excesses aside.&nbsp;

“Trump has mainly been focused on economics with China, ignoring their military push”, Korb claimed.

China’s excesses along the Tibet border and it's heavy policing of the region has also made headlines lately.&nbsp;

Currently, Tibet’s government-in-exile is based in India’s Himachal Pradesh, and still pushes for the region’s freedom.&nbsp;

Lt. General (retd) SL Narasimhan, member of the National Security Advisory board of India, said: “The Tibet stand is something that is very sensitive and that is one of the red lines of China. So we need to be extremely careful in dealing with this particular situation.”

With more countries joining hands against China’s military excesses, the global sentiment has become largely anti-China.&nbsp;

Recently, India banned multiple Chinese apps to protect its national sovereignty, the US, too, is planning to follow suit. The UK recently stripped China’s Huawei of rights&nbsp;to deploy 5G technology in the country and is now considering more local alternatives.

WION Global Summit today decoded China's military and the power of its propaganda machinery. The country has the world’s largest army in active duty. After China comes India, United States, North Korea, and Russia.

WION Global Summit today decoded China's military and the power of its propaganda machinery. The country has the world’s largest army in active duty. After China comes India, United States, North Korea, and Russia. Also Read: China's reform plans have stalled, says Dexter Roberts at WION Global Summit John Blaxland, professor at the Australian National University, speaking the WION Global Summit said: “It (Chinese) is an untested army. It is modernising and employing some of the latest technologies. But, it is an untested one. The last time it was involved in a conflict, it got a very bloody nose”. China has stepped up its military activity across multiple fronts recently amid the coronavirus pandemic. The country was involved in a border skirmish along the Line of Actual Control(LAC) with India which led to casualties on both sides. China, however, did not reveal the numbers. There were also tensions in the South China Sea as the United States and India recently undertook joint naval exercises off Andaman and Nicobar islands. Lawrence Korb, the former Assistant of Secretary Defense, US, stressed the importance of unity against China at WION's Global Summit. “Under a more traditional US president, unlike President Trump, we would be working with all our allies to present a united front," Korb said. Korb claimed the US president has been too fixated on economic relations which has pushed China's military excesses aside. “Trump has mainly been focused on economics with China, ignoring their military push”, Korb claimed. China’s excesses along the Tibet border and it's heavy policing of the region has also made headlines lately. Currently, Tibet’s government-in-exile is based in India’s Himachal Pradesh, and still pushes for the region’s freedom. Lt. General (retd) SL Narasimhan, member of the National Security Advisory board of India, said: “The Tibet stand is something that is very sensitive and that is one of the red lines of China. So we need to be extremely careful in dealing with this particular situation.” With more countries joining hands against China’s military excesses, the global sentiment has become largely anti-China. Recently, India banned multiple Chinese apps to protect its national sovereignty, the US, too, is planning to follow suit. The UK recently stripped China’s Huawei of rights to deploy 5G technology in the country and is now considering more local alternatives.

China's army is modernising but it is untested, says John Blaxland at WION Global Summit

As China embarks on its economic expansion plan, WION Global Summit: Decoding China, explored&nbsp;the country's great wall of debt and its increasing economic stagnation.

"China's reform plans have stalled for the past five to six years, and it will not be able to grow its middle class," Dexter Roberts, fellow at Mansfield Center, said at the WION Global Summit today.

Dexter Roberts added that China will no longer be the global growth driver.

Michael Schuman, the author of "superpower interrupted", asserted that the biggest challenge that China faces is "resource allocation" while it continues to build its infrastructure.

"In China what you will find is that money tends to go a lot into unproductive sectors and unproductive companies," Shuman said at the WION Global Summit, adding, "money is taken away from private companies that are far more productive than state enterprises."

Schuman stated that China has been unable to get out of the cycle of credit which powers its "dead heavy economy".&nbsp;

Dexter Roberts asserted that the migrant population in China are being treated as "second-class citizens" with growing pressure on the Chinese leadership.

"Urban Chinese have been beneficiaries of an implicit bargain," Dexter Roberts felt.

Dinny McMohan, author of China's great wall of debt, said: "If debt grows at a reasonable pace, then it can stimulate economic growth. But what we have seen in China is that it is quite difficult to find infrastructure projects that are going to take the debt and generate genuine economic return."

As China embarks on its economic expansion plan, WION Global Summit: Decoding China, explored the country's great wall of debt and its increasing economic stagnation.

As China embarks on its economic expansion plan, WION Global Summit: Decoding China, explored the country's great wall of debt and its increasing economic stagnation. "China's reform plans have stalled for the past five to six years, and it will not be able to grow its middle class," Dexter Roberts, fellow at Mansfield Center, said at the WION Global Summit today. Dexter Roberts added that China will no longer be the global growth driver. Michael Schuman, the author of "superpower interrupted", asserted that the biggest challenge that China faces is "resource allocation" while it continues to build its infrastructure. "In China what you will find is that money tends to go a lot into unproductive sectors and unproductive companies," Shuman said at the WION Global Summit, adding, "money is taken away from private companies that are far more productive than state enterprises." Schuman stated that China has been unable to get out of the cycle of credit which powers its "dead heavy economy". Dexter Roberts asserted that the migrant population in China are being treated as "second-class citizens" with growing pressure on the Chinese leadership. "Urban Chinese have been beneficiaries of an implicit bargain," Dexter Roberts felt. Dinny McMohan, author of China's great wall of debt, said: "If debt grows at a reasonable pace, then it can stimulate economic growth. But what we have seen in China is that it is quite difficult to find infrastructure projects that are going to take the debt and generate genuine economic return."

China's reform plans have stalled, says Dexter Roberts at WION Global Summit

Climate change could wipe out the polar by 2100, according to a report.

"It is extremely likely that we are going to lose almost every polar bear population in the world, with the possible exception of one in the very high Arctic as far north as you go, before the end of this century” Peter Molnar from the department of Biological Sciences at the University of Toronto, Scarborough, said.

A new report has said climate change is starving polar bears into extinction and if current trends persist the apex carnivore could all but disappear within the span of a human lifetime.

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/gravitas-polar-bears-could-be-wiped-out-by-2100-315002/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

"There is absolutely a sense of urgency. there has been a sense of urgency for a very long time. we need to deal with this, and you know frankly had we dealt with the problem earlier, it wouldn't be so difficult to deal with it now but we still have a chance, and we need to use that chance,” Molnar added.

However, the question is, will we use this chance wisely to save the polar bears? While we all gush at visuals of polar bears across social media, we are completely oblivious to their current plight.

The report published in the journal Nature suggests that climate change has driven sea to lose ice as a result of global warming&nbsp;and it has impacted polar bears directly.

Sea ice loss forces polar bears to fast for longer as they rely on the frozen surfaces to hunt for seals which is their main source of sustenance, if sea ice loss persists, all but a few of the 19 subpopulations of polar bears could be wiped out by 2100.

Statistics from the national snow and ice data centre in Colorado reveal that 13 per cent of the Arctic sea ice has been lost each decade since the 1970s.

“They are so clearly connected to the sea ice, which in turn is so clearly connected to what kind of temperatures we're having on this planet, that climate change impacts are going to be seen on polar bears first, or among the first but that is by no means to say that these are the only animals to be affected," Molnar asserted.

Polar bears may be immediately affected by the consequences of climate change but other species in the animal kingdom may also soon follow.

A polar bear weighs up to 1,600 pounds and needs plenty of food to survive but large regions in the Arctic turn completely ice-free during summer months and the dwindling bodyweights of polar bears is testimony to their ongoing struggle.

So by 2100, the polar bear may be gone completely but the question remains, what all do we have to lose to wake up and take action?

Climate change could wipe out the polar by 2100, according to a report. "It is extremely likely that we are going to lose almost every polar bear population in the world, with the possible exception of one in the very high Arctic as far north as you go, before the end of this century” Peter Molnar from the department of Biological Sciences at the University of Toronto, Scarborough, said.

Climate change could wipe out the polar by 2100, according to a report. "It is extremely likely that we are going to lose almost every polar bear population in the world, with the possible exception of one in the very high Arctic as far north as you go, before the end of this century” Peter Molnar from the department of Biological Sciences at the University of Toronto, Scarborough, said. A new report has said climate change is starving polar bears into extinction and if current trends persist the apex carnivore could all but disappear within the span of a human lifetime. "There is absolutely a sense of urgency. there has been a sense of urgency for a very long time. we need to deal with this, and you know frankly had we dealt with the problem earlier, it wouldn't be so difficult to deal with it now but we still have a chance, and we need to use that chance,” Molnar added. However, the question is, will we use this chance wisely to save the polar bears? While we all gush at visuals of polar bears across social media, we are completely oblivious to their current plight. The report published in the journal Nature suggests that climate change has driven sea to lose ice as a result of global warming and it has impacted polar bears directly. Sea ice loss forces polar bears to fast for longer as they rely on the frozen surfaces to hunt for seals which is their main source of sustenance, if sea ice loss persists, all but a few of the 19 subpopulations of polar bears could be wiped out by 2100. Statistics from the national snow and ice data centre in Colorado reveal that 13 per cent of the Arctic sea ice has been lost each decade since the 1970s. “They are so clearly connected to the sea ice, which in turn is so clearly connected to what kind of temperatures we're having on this planet, that climate change impacts are going to be seen on polar bears first, or among the first but that is by no means to say that these are the only animals to be affected," Molnar asserted. Polar bears may be immediately affected by the consequences of climate change but other species in the animal kingdom may also soon follow. A polar bear weighs up to 1,600 pounds and needs plenty of food to survive but large regions in the Arctic turn completely ice-free during summer months and the dwindling bodyweights of polar bears is testimony to their ongoing struggle. So by 2100, the polar bear may be gone completely but the question remains, what all do we have to lose to wake up and take action?

Climate change could wipe out polar bears by 2100: Report

China has been facing one disaster after another in 2020.&nbsp;The Wuhan virus is yet to slow down but China is staring at yet another crisis - worst floods in 30 years.

It happens every year but this time around it is far worse. On Monday, China blasted a dam to release the surging waters behind it with over 30 million people affected but is it a disaster that China could have avoided?

China has had a long history of floods and every year it seems to get worse. The fate of nearly 500 million people hangs in the balance with vast swathes of land inundated but those who live along the Yangtze river are the worst hit.

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/gravitas-floods-in-china-a-man-made-disaster-314993/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

China’s biggest dam - the Three Gorges dam sits right on top of the Yangtze river and experts fear it could break. At least 500 million people live along the Yangzi basin and now&nbsp;they live under a shadow of fear.

The floodwaters have been testing the endurance of the dam. There is a fear that it may not be able to handle the rising water levels. The Three Gorges has been opening its gates to release the waters.

China has dismissed the concerns with officials defending the structural integrity of the dam. China’s state media&nbsp;echoes the same points. When the Three Gorges project was pitched, it was sold as the ultimate solution to some of China’s biggest problems.

China said it would generate power, boost irrigation, improve the navigability of rivers and protect homes from floods. Most Chinese bought the argument but now, they are staring at a calamity.

On Friday, Chinese authorities issued warnings as they expect more rains. The Three Gorges dam is hitting new flooding records. Last week, three flood gates were opened as water levels behind the gates rose more than 50 feet above the flood zone. Associated Press has reported that the Chinese military swung into action. They have been testing the strength of the embankments while shoring them up with sandbags and rocks.

Already, some cities have been flooded. On June, 29th the dam had discharged water in anticipation of the flood. Soon after that, downstream cities witnessed flooding. Residents in Wuhan and provinces of Anhui, Jiangxi and Zhejiang have been severely hit.

On Friday, they had received a red alert which is the highest level on the four-tier weather system as dam authorities faced questions they said that the flooding after discharge was due to poor drainage system.

More than 140 people have either died or disappeared so far but the actual number could be much higher with at least 28,000 homes destroyed, the economic damage is now close to $12 billion and it is not over yet.

The floodwaters have exposed the cracks within China's flood control systems.

China has been facing one disaster after another in 2020. The Wuhan virus is yet to slow down but China is staring at yet another crisis - worst floods in 30 years.

China has been facing one disaster after another in 2020. The Wuhan virus is yet to slow down but China is staring at yet another crisis - worst floods in 30 years. It happens every year but this time around it is far worse. On Monday, China blasted a dam to release the surging waters behind it with over 30 million people affected but is it a disaster that China could have avoided? China has had a long history of floods and every year it seems to get worse. The fate of nearly 500 million people hangs in the balance with vast swathes of land inundated but those who live along the Yangtze river are the worst hit. China’s biggest dam - the Three Gorges dam sits right on top of the Yangtze river and experts fear it could break. At least 500 million people live along the Yangzi basin and now they live under a shadow of fear. The floodwaters have been testing the endurance of the dam. There is a fear that it may not be able to handle the rising water levels. The Three Gorges has been opening its gates to release the waters. China has dismissed the concerns with officials defending the structural integrity of the dam. China’s state media echoes the same points. When the Three Gorges project was pitched, it was sold as the ultimate solution to some of China’s biggest problems. China said it would generate power, boost irrigation, improve the navigability of rivers and protect homes from floods. Most Chinese bought the argument but now, they are staring at a calamity. On Friday, Chinese authorities issued warnings as they expect more rains. The Three Gorges dam is hitting new flooding records. Last week, three flood gates were opened as water levels behind the gates rose more than 50 feet above the flood zone. Associated Press has reported that the Chinese military swung into action. They have been testing the strength of the embankments while shoring them up with sandbags and rocks. Already, some cities have been flooded. On June, 29th the dam had discharged water in anticipation of the flood. Soon after that, downstream cities witnessed flooding. Residents in Wuhan and provinces of Anhui, Jiangxi and Zhejiang have been severely hit. On Friday, they had received a red alert which is the highest level on the four-tier weather system as dam authorities faced questions they said that the flooding after discharge was due to poor drainage system. More than 140 people have either died or disappeared so far but the actual number could be much higher with at least 28,000 homes destroyed, the economic damage is now close to $12 billion and it is not over yet. The floodwaters have exposed the cracks within China's flood control systems.

After virus, China faces worst floods in 30 years

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Zee News Rajasthan

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Rustam

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