China hikes defence budget by 7.5%

China has increased its defence budget by 7.5 per to $177.61 billion up from last year’s $165 billion. The 2019 Defence Budget of China stood at 1.19 trillion yuan (about $177.61 billion) which is three times the Indian Defence Budget. China’s Defence Budget China’s Defence Budget growth rate stood at 7.6 per cent in 2016, ..

Month: Current Affairs - March, 2019

Topics: Brunei • China • Defence Budget • East China Sea • India • India China • Japan • Malaysia • Philippines • South China Sea • Taipei • Taiwan • Vietnam

Union Government imposes anti-dumping duty on Plastic-Processing imports

Union Government has imposed anti-dumping duty of up to 44.7 per cent on import of plastic-processing machines from Chinese Taipei, Malaysia, Philippines and Vietnam for five years. The anti-dumping duty will be levied on imports of all kinds of plastic-processing or injection-moulding machines, also known as injection presses. The move is aimed at protecting the ..

Month: Current Affairs - March, 2016

Topics: Anti Dumping • Business • Current Affairs 2016 • Economy • Malaysia • Philippines • Taipei • Vietnam f