Posts tagged ‘President of the United States’

16/12/2016

More Trump-Branded Projects Set to Sprout Up Across India – India Real Time – WSJ

India is set to get more Trump-branded projects as local developers seek to capitalize on the brand.

A story from The Wall Street Journal Friday took a look at the many projects around the world connected to the U.S. President-elect Donald Trump, including those in India.

Unimark Group, a developer based in Kolkata, has tied up to rebrand a previously planned residential apartment building in the eastern city into a Trump-branded project.

The project is being redesigned to make it better and more luxurious to fit with Trump standards, said Dipanjan Ray, head of marketing at Unimark.

He said the project is still in planning stage, so they aren’t marketing it yet. When they do, he doesn’t doubt Mr. Trump’s election as the next U.S. president will help sales as it has elevated brand awareness in India.

“People were not so aware of Mr. Trump,” a year ago, Mr. Ray said. “He is well known to everybody right now.”

The Trump Organization has also signed up with developer M3M India Pvt. Ltd., to build a residential building in the bustling New Delhi suburb of Gurgaon, according to two people familiar with the matter. The deal was done prior to Mr. Trump’s election, according to both people, but has yet to be formally announced.

In April, Trump announced a tie-up with another developer Ireo to build an office building in Gurgaon. A spokesman for Ireo wouldn’t comment on the status of that project.

Panchshil Realty, a developer in the western Indian town of Pune, finished building the first Trump Towers in India earlier this year. The price tag for the fancy flats: $2.2 million and some are still available.

The developer had been planning another project with the Trump brand name. Sagar Chordia, a director at Panchshil, told The Wall Street Journal in November that he was planning to meet with officials at The Trump Organization to discuss a new residential project, named Trump Riverwalk.

Mr. Chordia met with Mr. Trump in the U.S. after his election, but said that they didn’t discuss any business. He wouldn’t discuss the latest status of Trump Riverwalk but said it doesn’t have plans to launch any new projects at the moment as the property market in India is a bit soft.In Mumbai, developer Lodha Group is building a 75-story Trump Towers which has three-and four-bedroom apartments with options for indoor Jacuzzis and automatic toilets. The flats are listed at around $1.3 million onward, and some are still unsold.

Source: More Trump-Branded Projects Set to Sprout Up Across India – India Real Time – WSJ

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06/12/2016

Tsai says call with Trump does not reflect US policy change | South China Morning Post

Taiwanese President Tsai Ing-wen said on Tuesday her phone call with US president-elect Donald Trump should not be interpreted a significant shift in American policy, and stressed that both sides saw the value of maintaining regional stability.

“Of course I have to stress that one phone call does not mean a policy shift,” she told a small group of American reporters in Taipei. “The phone call was a way for us to express our respect for the US election as well as congratulate president-elect Trump on his win.”

Taiwan’s Tsai Ing-Wen initiated phone call with Donald Trump, says island’s presidential spokesmanTrump’s phone call with Tsai broke four decades of diplomatic protocol, alarming some commentators who feared it could spark a dangerous confrontation with Beijing.

Others though, especially US Republicans, have welcomed it as a sign Trump will not be bullied by Beijing, and believe the United States should offer more support to Taiwan’s democracy.

Sources in Trump’s team said the call was planned weeks in advance to establish the incoming president as a break from the past, although vice-president-elect Mike Pence described it as a “courtesy” call, not intended to show a shift in US policy on cross-strait ties.

Tsai echoed that line. “I do not foresee major policy shifts in the near future because we all see the value of stability in the region,” she said.Beijing has reacted with relative calm to the call, lodging what it called a “solemn protest” with the US government, but also underlining that its economic and diplomatic relationship with Washington depended on the US acceptance of the one-China principle, which recognises Beijing as the sole representative of the Chinese nation.

Beijing blocks Taiwan from taking part in almost all international bodies. Tsai’s office said she had told Trump during the phone call that she hoped the United States “would continue to support more opportunities for Taiwan to participate in international issues”.

Reacting to criticism of the call, Trump himself pointed out that the United States sold billions of dollars of arms to Taiwan.

Beijing has already increased the pressure on Taiwan since Tsai’s election, upset that she has not publicly endorsed the “one China” principle – although she consistently expresses the need for dialogue.

China’s Foreign Minister Wang Yi appeared to blame Taiwan for the phone call, calling it a “petty” move, and the nationalist Global Times tabloid initially recommended that Beijing should continue to talk to Trump but punish Taiwan.

Michael Cole, a Taipei-based senior non resident fellow at the China Policy Institute, University of Nottingham, wrote that this could include renewed efforts to deny Taiwan access at various multilateral organisations, the stealing of diplomatic allies, punitive economic measures and more intense or frequent military exercises aimed at Taiwan.

If that happens, the domestic support Tsai had received for her call could be countered by greater tensions with Beijing, he said, “What remains to be seen is what kind of ally Taiwan will have in Washington if and when such a shift occurs in the Taiwan Strait,” he wrote in The National Interest.

On Tuesday, there were also signs of growing concern in Beijing that Trump’s constant criticism of Beijing in his speeches and on Twitter might actually mean something. His latest salvo – complaining about China’s currency and trade policy, and its actions in the South China Sea – sparked a frustrated response in the Global Times.What does Donald Trump’s phone call with President Tsai mean for future US arms sales to Taiwan?

“Trump’s China-bashing tweet is just a cover for his real intent, which is to treat China as a fat lamb and cut a piece of meat off it,” it wrote. “China should brace itself for the possible fluctuations of the Sino-US relationship after Trump is sworn in. We must confront Trump’s provocations head-on, and make sure he won’t take advantage of China at the beginning of his tenure.

”The Communist Party mouthpiece People’s Daily took a more measured line, arguing that dialogue was vital to maintaining friendly relations and correct some of Trump’s “inaccurate” criticisms of Beijing.

“Trump’s recent demeanour has proved people’s doubts on his inexperience in diplomatic relations. In fact, Trump is not that ignorant on China and China-US relations, he has some sensible understandings and his own take on matters. But the problem is that Trump’s rhetoric shows that he only knows one side of China and China-US relations,” it wrote in a front-page editorial on its overseas edition.

“At the present, the peaceful transition of China-US relations is the key task that both countries face. It depends on joint efforts, not just good wishes from one side.”

Source: Tsai says call with Trump does not reflect US policy change | South China Morning Post

10/11/2016

Theresa May promises ‘golden era’ in UK-Chinese relations – BBC News

Theresa May has promised to work for a “golden era” in the UK’s relations with China, as the country’s vice-premier visits London for talks.

Ma Kai‘s trip follows Mrs May’s decision after coming to power to delay approval of the part-Chinese-financed Hinkley Point C nuclear power plant.

The project was given the go-ahead, after China warned that “mutual trust” was needed between the countries.

Mr Ma is meeting Chancellor Philip Hammond to discuss investing in the UK.

Speaking before the eighth UK-China Economic and Financial Dialogue got under way, Mrs May said: “I’m determined that as we leave the European Union, we build a truly global Britain that is open for business.”

As we take the next step in this golden era of relations between the UK and China, I am excited about the opportunities for expanding trade and investment between our two countries.”

‘Mutual benefits’

There will be an announcement that the Chinese contractor CITIC Construction is to invest £200m in the first phase of the £1.7bn London Royal Albert Docks project, headed by the Chinese developer ABP.

Philip Hammond promises ‘constructive’ US talks

And the UK will in turn invest up to £40m in the Asian Infrastructure Investment Bank based in Beijing, for a fund to help developing countries to prepare infrastructure programmes.

Mr Hammond, who is hosting the Chinese delegation at London’s Lancaster House, said: “The mutual benefits are clear. China is the world’s second-largest economy. UK exports to China have grown rapidly and Britain is home to more Chinese investment than any other European country.”

US President-elect Donald Trump has said he wants to apply 45% tariff barriers to Chinese imports in an effort to protect free trade.

Mr Hammond told the BBC: “Britain’s always believed that the best way long-term to protect and promote prosperity is free markets and free trade.”

President Trump has just been elected by the American people. He will want to consult with his advisers, talk to officials and I’m sure we will have a very constructive dialogue, as we do with the Chinese, with the new American administration.”

He added: “It’s about getting the right balance in the global trading system, so that we can have the benefits of open markets, while being properly and appropriately protected.”

One of Mrs May’s first acts on becoming prime minister during the summer was to order a review of the project to build Hinkley Point C, in Somerset, part-financed by China.

Writing in the Financial Times in August, Liu Xiaoming, China’s ambassador to the UK, said: “If Britain’s openness is a condition for bilateral co-operation, then mutual trust is the very foundation on which this is built.”

Right now, the China-UK relationship is at a crucial historical juncture. Mutual trust should be treasured even more.”

The UK government approved Hinkley Point C in September, saying it had imposed “significant new safeguards” to protect national security.

Source: Theresa May promises ‘golden era’ in UK-Chinese relations – BBC News

10/11/2016

Chinese Flag-Maker Flooded With Orders in Wake of Trump Win – China Real Time Report – WSJ

While China’s leaders weigh what to make of Donald Trump’s impending presidency, one manufacturer in the scenic city of Shaoxing has been enthusiastically carrying Mr. Trump’s banner.

Or, more accurately, he’s been printing, folding and shipping it.Yao Dandan is the owner of Shaoxing Jiahao Banner and Handicrafts Co. Ltd. Since election results suggesting a Trump victory began pouring in Wednesday morning, he says, he’s fielded a barrage of orders for Trump-themed flags.

The total number ordered as of Thursday morning: more than 40,000.

“I knew there would be demand for Trump flags after the election, so I made extra. But it’s not enough, so now I have to make more,” Mr. Yao said.The 30-year-old said that he’s been in the flag-making business for a decade and that Shaoxing’s factories specialize in making election banners. His factory has taken orders for close to half a million Trump banners in the past two months, he said.

Mr. Trump has taken heat for vowing tough restrictions on Chinese imports while over the years turning to China to source goods ranging from ties to steel, but there’s no evidence the next U.S. president purchased banners from Shaoxing. Mr. Yao said most of the orders he’s received came from Chinese clients living in the U.S.

Flags bound for the U.S. have to be higher quality than most, he said. He charges 2.5 yuan ($0.37) a piece for the smallest Trump banners, which his clients typically sell in the U.S. for between $1 or $2 (they sell for 5 yuan on e-commerce site Alibaba). The factory has produced every U.S. state flag, and earlier this year got multiple orders for Confederate flags.

What about orders for Hillary Clinton banners? Mr. Yao, who counts himself a Trump supporter, said he’s been asked but now refuses to make them because he believes Mrs. Clinton is unfair to China.

The news of Trump’s win was “a pleasant surprise,” he said. “It means I didn’t strive these past couple of months in vain.”

Asked about Mr. Trump’s vow to impose a 45% across-the-board tariff on Chinese goods, Mr. Yao confessed he wasn’t aware of that part of the property mogul’s platform but said he thought China’s government would make sure it wasn’t implemented.

The flag-maker said he’d never been to the U.S. but planned to remedy that soon.

“When things slow down, I’m going to go to the U.S. and have a look. At the very least I also contributed a little!” he said.

Source: Chinese Flag-Maker Flooded With Orders in Wake of Trump Win – China Real Time Report – WSJ

17/10/2016

China launches longest manned space mission | Reuters

China launched its longest manned space mission on Monday, sending two astronauts into orbit to spend a month aboard a space laboratory that is part of a broader plan to have a permanent manned space station in service around 2022.

The Shenzhou 11 blasted off on a Long March rocket at 7:30 am (2330 GMT) from the remote launch site in Jiuquan, in the Gobi desert, in images carried live on state television.

The astronauts will dock with the Tiangong 2 space laboratory, or “Heavenly Palace 2”, which was sent into space last month. It will be the longest stay in space by Chinese astronauts, state media reported.

Early on Monday, Fan Changlong, a vice chairman of China’s powerful Central Military Commission, met astronauts Jing Haipeng and Chen Dong and wished them well, state news agency Xinhua reported.

“You are going to travel in space to pursue the space dream of the Chinese nation,” Fan said.”With all the scientific and rigorous training, discreet preparation, and rich experience accumulated from previous missions, you will accomplish the glorious and tough task… We wish you success and look forward to your triumphant return.”

Shenzhou 11 is the third space voyage for Jing, who will command the mission and celebrate his 50th birthday in orbit.

In a manned space mission in 2013, three Chinese astronauts spent 15 days in orbit and docked with a space laboratory, the Tiangong 1.Advancing China’s space program is a priority for Beijing, with President Xi Jinping calling for the country to establish itself as a space power.

China insists its space program is for peaceful purposes.

Shenzhou 11, whose name translates as “Divine Vessel”, will also carry three experiments designed by Hong Kong middle school students and selected in a science competition, including one that will take silk worms into space.

The U.S. Defense Department has highlighted China’s increasing space capabilities, saying it was pursuing activities aimed at preventing other nations using space-based assets in a crisis.

China has been working to develop its space program for military, commercial and scientific purposes, but is still playing catch-up to established space powers the United States and Russia.

China’s Jade Rabbit moon rover landed on the moon in late 2013 to great national fanfare, but soon suffered severe technical difficulties.

The rover and the Chang’e 3 probe that carried it there were the first “soft landing” on the moon since 1976. Both the United States and the Soviet Union had accomplished the feat earlier.

China will launch a “core module” for its first space station some time around 2018, a senior official said in April, part of a plan for a permanent manned space station in service around 2022.

Source: China launches longest manned space mission | Reuters

26/01/2015

Five firsts at Republic Day 2015 – The Hindu

The 66th Republic Day saw many firsts. Here are a few:

1. All-women contingents of the Army, Navy and Air Force march through Rajpath for the first time

The Army contingent, led by Captain Divya Ajith from Chennai, wants to serve in combat roles. “We believe we are equal and second to none. We have already marched for the first time on the Army Day and now another first would be the Republic Day parade. So, yes, we do wish to be in the combat force,” she said.

2. The first time that a U.S. President is Chief Guest for the parade

“This Republic Day, we hope to have a friend over…invited President Obama to be the 1st US President to grace the occasion as Chief Guest,” Narendra Modi tweeted in November last year.

3. The President and the chief guest arrived in different motorcades, a departure from the standard practice of arriving together

4. CRPF shows off Commando Battalion for Resolute Action (CoBRA) used in anti-Naxal operations

5. The long-range advanced MiG-29K fighter jet on display

via Five firsts at Republic Day 2015 – The Hindu.

26/01/2015

Rain on India’s parade, but Obama visit keeps spirits high | Reuters

U.S. President Barack Obama watched a dazzling parade of India’s military might and cultural diversity on Monday, the second day of a visit trumpeted as a chance to establish a robust strategic partnership between the world’s two largest democracies.

Photo

It rained on the parade through the heart of New Delhi, but excitement nevertheless ran high over Obama’s landmark visit, which began on Sunday with a clutch of deals and ‘bromance’ bonding with Prime Minister Narendra Modi.

The two leaders announced plans to unlock billions of dollars in nuclear trade and to deepen defence ties.

Most significant was an agreement on two issues that, despite a groundbreaking 2006 pact, had stopped U.S. companies from setting up nuclear reactors in India and had become one of the major irritants in bilateral relations.

“Mobama breaks N-deadlock,” the Mail Today newspaper said on its front page, which carried a photograph of Modi and Obama hugging each other warmly.

The bonhomie was a remarkable spectacle, given that a year ago Modi was persona non grata in Washington and was banned from visiting the United States for nearly a decade after deadly Hindu-Muslim riots in a state he governed.

Obama is the first U.S. president to attend India’s Republic Day parade, an annual show of military prowess that was long associated with the anti-Americanism of the Cold War.

via Rain on India’s parade, but Obama visit keeps spirits high | Reuters.

17/09/2014

Indian President flies out of Vietnam

President Pranab Mukherjee Wednesday wrapped up his four-day state visit to Vietnam and flew back to India.

During the President’s visit, India and Vietnam called for a peaceful, unfettered South China Sea, inked seven agreements including for direct Delhi-Hanoi flights and an extended line of credit for purchase of military equipment. Both countries also set a target of $15 billion bilateral trade by 2020

via President flies out of Vietnam.

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