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China to become stronger, not assertive: FM

BEIJING, March 8 (Xinhua) -- China will surely become stronger, but will not become assertive, Chinese State Councilor and Foreign Minister Wang Yi said Friday.

Wang made the remarks at a press conference on the sidelines of the country's annual legislative session.

He stressed that assertiveness has never been part of the Chinese tradition and hegemony will never be its choice, even the country grows stronger.

EU gives Britain 48 hours to break deadlock in Brexit deal talks

LONDON, March 7 (Xinhua) -- British Chancellor of the Exchequer Philip Hammond said Thursday a crucial vote on Prime Minister Theresa May's Brexit deal by next Tuesday could be the last chance for Britain to leave the European Union (EU) on its planned March 29 departure date.

India: 49 out of 119 Jet Airways aircraft are grounded

New Delhi, Mar 7 (PTI) More aircraft of beleaguered private carrier Jet Airways have been grounded, mainly due to non-payment to lessors, taking the total number to 49, senior DGCA official said Thursday.

"At this moment, they (airline) have 70 aircraft that are operational. At early December, they were operating 100 aircraft," a Directorate General of India Aviation (DGCA) official told PTI.

According to Jet Airways website, the airline has over 119 aircraft in its fleet.

Cabinet approves three corridors of Delhi Metro Phase IV

New Delhi, Mar 7 (PTI) The Union Cabinet Thursday approved three out of six corridors of the Delhi Metro's proposed Phase IV, Finance Minister Arun Jaitely said.

According to the government, corridors of Mukundpur-Maujpur, RK Ashram-Janakpuri West and Aero City-Tughlakabad have been approved by the Cabinet.

There will be 17 underground and 29 elevated stations in the three corridors whose total length will be 61.679 km.

Delhi to get 884 acres wildlife safari park

New Delhi, Mar 6 (PTI) Delhiites will get to experience wildlife safari soon, with the central government Thursday saying a city forest or eco park will be developed at the closed site of Badarpur Thermal Power Station at a cost of Rs 343 crore.

Union Minister Hardeep Singh Puri said the city forest will be provided with unique herbivore and carnivore safari.

Talking to reporters here, Puri said the ecological project will be spread across 884 acres at the closed site of National Thermal Power Corporation (NTPC) in Badarpur.

India: BJP Gov-run beef abattoir in Goa to be outsourced

Panaji, Mar 8 (PTI) The state-run Goa Meat Complex Limited will outsource its abattoir operations to a private player for a period of five years starting June 1 this year, its managing director Rajendra Prabhugaonkar said Friday.

He said the GMCL, set up in 1971 in North Goa's Usgao village to cater to the beef requirement in the coastal state, was shut since October, 2014 due to technical issues and lack of animals for slaughter.

China says Canadian canola will face stricter assessments

BEIJING (AP) — Imports of canola, a Canadian oilseed crop, will now undergo more thorough inspections in China, the country’s customs agency said Thursday, amid what appears to be a retaliatory move amid a diplomatic row over the arrest of a Chinese executive.

Relations between Canada and China have been tense since December, when Canada arrested Chinese tech executive Meng Wanzhou in Vancouver at the request of the U.S. China warned of “grave consequences” if Canada did not immediately release Meng Wanzhou, the chief financial officer of Huawei.

OECD cuts global growth forecast over trade, Brexit uncertainty

06 Mar 2019; AFP: Trade tensions and political uncertainty including Brexit are weighing on the world's economy, the OECD warned Wednesday as it again cut its 2019 forecast for global economic growth.

The Organisation for Economic Co-operation and Development lowered its forecast to 3.3 percent for this year, down from the 3.5 percent it predicted in November, which was itself a downgrade from a previous 3.7 percent.

Chinese investments in EU in a downward spin

07 Mar 2019; DW: Chinese investments in the European Union fell sharply for the second consecutive year in 2018, a report by the Berlin-based Mercator Institute for China Studies (MERICS) and US consulting firm Rhodium Group showed.

Chinese companies completed FDI deals worth €17.3 billion ($19.6 billion) last year, down 40 percent from 2017 levels and way below the record €37.2 billion investment seen in 2016.

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