After war with Israel and US, Iran makes big move, joins hands with..., plans to buy...
Tehran: The death toll in Iran has crossed a thousand following a conflict with Israel and the United States. During the 12-day war with Israel, Tehran not only lost its military bases and people, but flaws in its air defence system were also exposed. Following the ceasefire, which was announced by President Donald Trump, the Middle East country is all ready to completely modernise its air force. For this, it has contacted China, expressing its desire to buy a new-generation fighter aircraft system, especially Chengdu J-10C. The fighter jet is capable of penetrating enemy defences. What China's Defence Ministry Said?
During an interview with the Global Times, Chinese Defence Ministry spokesman Jiang Bin said that his country is ready to share its defence technological achievements with friendly countries. By doing this, he said, China is making constructive contributions to regional and global peace. How Important Is China's J-10C Jet For Iran?
When Israel and the US launched airstrikes on Iranian Bases, Iran couldn't even fly its air force jets. Its old soviet era jets proved useless during the strikes. There is no update on the SU-35 deal with Russia.
As per several reports, Iran's Defence Minister Aziz Nasirzadeh recently arrived in Beijing to attend the Shanghai Cooperation Organisation (SCO) summit. During his visit, he discussed the possible deal for the J-10C fighter jet. How Dangerous Is J-10c 'Vigorous Dragon'?
The J-10C 'Vigorous Dragon' is a Made in China 4.5th generation multirole fighter jet. It is equipped with high-tech features like state-of-the-art AESA radar, digital cockpit and helmet-mounted display.
It is capable of air-to-air, air-to-ground and anti-ship missions and can be fitted with long-range missiles such as PL-15.
The J-10C has a top speed is around Mach 2 and can be refueled mid-air. It competes with jets like Rafale and F-16 because of its stealth features and high-performance engine, and this is the reason why ,after Pakistan, Iran is also preparing to buy it.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
19 minutes ago
- Business Standard
Trump admin considers deporting third-country nationals to Africa
South Sudan has accepted eight third-country deportees from the US and Rwanda says it's in talk with the administration of President Donald Trump on a similar deal, while Nigeria says it's rejecting pressure to do the same. Although few details are known, these initiatives in Africa mark an expansion in US efforts to deport people to countries other than their own. The United States has sent hundreds of Venezuelans and others to Costa Rica, El Salvador and Panama but has yet to announce any major deals with governments in Africa, Asia or Europe. While proponents see such programs as a way of deterring what they describe as unmanageable levels of migration, human rights advocates have raised concerns over sending migrants to countries where they have no ties or that may have a history of rights violations. Last year, UK Supreme Court ruled that a similar plan to deport rejected asylum-seekers to Rwanda was illegal. Trump meets with West African leaders Earlier this week, Trump held a summit with five West African leaders in the White House, which highlighted the new transactional US policy towards the continent. Trump discussed migration with the leaders of Liberia, Senegal, Guinea-Bissau, Mauritania and Gabon, including the need for countries to accept the return of their nationals who do not have the right to stay in the US, as well as the possibility of accepting deported nationals of third countries. US border tsar Tom Homan told the media Friday that the Trump administration hopes to forge deals with many countries to accept deported migrants. If there is a significant public threat or national security threat there's one thing for sure they're not walking the streets of this country. We'll find a third, safe nation to send them to, and we're doing it," he said. What African leaders are saying Liberian President Joseph Boakai told media in Liberia on Friday that third-country nationals were discussed but that Trump had not directly asked Liberia to accept such deportees. They're not forcing anybody, but they want us to know that this is the concern they have, and they are asking how can we contribute, how can we help? he said. President Umaro Sissoco Embal of Guinea Bissau said Trump discussed the topic during the summit, but did not specifically ask for the African nations to agree to accept deportees. Other West African governments did not reply to a request for comment. Nigeria's Foreign Minister Yussuf Tuggar, meanwhile, said such conversations were being held between US representatives and several African countries, though he declined provide details. He said late Thursday that Nigeria would not bow to what he described as pressure to accept third-country deportees, saying the country had enough problems of its own. What's in it for African countries Experts say some African countries may seek to facilitate US deportation programs in order to earn good will in negotiations over tariffs, cuts in US aid or visa restrictions that have hit several African countries in recent months. Beverly Ochieng, an analyst at the security consulting firm Control Risks, said countries may want to reach a migrant deal to avoid a situation "where they lose access to the US economy or economic initiatives and bilateral relations.' Those factors are especially important, in light of the withdrawal of developmental aid, Ochieng told The Associated Press. What has been done so far So far, the only African country to accept third-country deportees from the US has been South Sudan, which accepted eight deportees with criminal convictions, only one of whom was from South Sudan. It is unclear what deal may have been struck between the two countries. The South Sudanese Foreign Ministry has declined to answer questions. Alan Boswell, the Horn of Africa program director at the International Crisis Group think tank, said the South Sudan would have a number of reasons to want to placate a Trump administration, be that avoiding visa bans, warding off more sanctions against its elite, or generally trying to curry favor. The decision has drawn criticism from South Sudanese civil society and some members of government. South Sudan is not a dumping ground for criminals, said Edmund Yakani, a prominent civil society leader in the country. Homan, the US border tsar, said Friday he was unsure of the situation of the eight men, saying they were no longer in US custody. Lawyers and advocates are concerned about that kind of uncertainty over the legal status and safety of such migrants, said Michelle Mittelstadt, a spokesperson for Migration Policy Institute. There's a lot of confusion and lack of clarity over who actually has control of these individuals when they're deported to a third country, Mittelstadt said. Rwanda's foreign minister told the AP last month that talks were under way with the US about a potential agreement to host deported migrants, without providing details. The US State Department declined to comment on a potential deal. Rights groups have long criticized Rwanda for their human rights record, especially the deaths in Rwandan custody of some perceived government critics. The UK struck a deal with Rwanda in 2022 to send migrants who arrive in the UK as stowaways or in boats to the East African country, where their asylum claims would be processed and, if successful, they would stay. But the plan was stalled by legal challenges and criticized by human rights groups. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Mint
20 minutes ago
- Mint
Xi's Price-War Campaign Creates a Buzz in China's Stock Market
For strategists at JPMorgan Chase & Co. and Goldman Sachs Group Inc. as well as money managers in Hong Kong and Singapore, an opaque term has suddenly emerged as the catchphrase for deciphering Chinese policy intentions and navigating the stock market. The term 'anti-involution' has cropped up in government documents over the past year, but gained prominence earlier this month when President Xi Jinping chaired a high-level meeting that pledged to regulate 'disorderly' price competition. It refers to efforts to root out China's industrial malaise, marked by cutthroat price wars and overcapacity that have hurt profitability in sectors ranging from solar, new energy vehicles to steel. Investors are hopeful that a more coordinated policy response to tackle the drivers of deflation is on its way, though Beijing hasn't yet released any plan. Analyst reports on the theme have flooded the market, while solar and steel stocks have rallied in July. Morgan Stanley strategists changed their preference to onshore shares from those in Hong Kong last week. 'One of the biggest issues that investors have investing in China is that of excessive competition,' said Min Lan Tan, head of the Asia Pacific chief investment office at UBS AG. 'It's actually a very positive development that top down the government is now recognizing it and directly saying that destructive competition has to stop. It's a powerful policy signal.' The Chinese term for involution, 内卷 , literally means rolling inwards. In practice, it's used to describe a system of intense competition that yields little meaningful progress. Huge spending on building capacity has helped Chinese firms enhance their global standing. The nation's companies now dominate every step of the solar supply chain, while its EV makers have toppled Tesla's dominance. Yet, ending destructive competition has rarely been more important. Producer deflation is worsening, and trade tensions mean China can no longer unleash some of its overcapacity to other countries. 'With foreign markets closing off Chinese trade routes, part of the competition is forced to return to the domestic market,' said Jasmine Duan, senior investment strategist at RBC Wealth Management Asia. The campaign seems to be helping improve investor sentiment for the mainland market, where policy drivers have a stronger sway and industrial stocks have bigger weighting. The onshore CSI 300 Index has risen 2% so far in July, outperforming the Hang Seng China Enterprises Index after lagging it for most of the year. Solar stocks Xinjiang Daqo New Energy Co. and Tongwei Co. have advanced at least 19% this month. Liuzhou Iron & Steel Co Ltd. has surged more than 50% while Angang Steel Co. has gained about 16%. Glass, cement and chemicals shares have also jumped. It's still early stages but if the reforms pan out, 'there'll be consolidation in China and there'll be slightly better pricing and margins, and there'll be better valuation,' said Wendy Liu, head of China and Hong Kong equity strategist at JPMorgan. Sectors that are likely to benefit include autos, battery, solar, cement, steel, aluminum and chemicals, she said. To seasoned China watchers, the current rhetoric recalls the supply-side reforms of 2015-2018, when a government-led push to cut outdated capacity in sectors such as coal and steel helped drive up prices in the following years. This time, however, key differences may limit the campaign's effectiveness. A decade ago, oversupply was mostly concentrated in upstream and construction-related sectors. It's become more pervasive today, encompassing the most promising industries of solar, EV and battery to downstream consumer sectors such healthcare and food. That point is illustrated by the intensifying price war among technology giants listed in Hong Kong — China's private sector leaders. Shares in Meituan, Alibaba Group Holding Ltd. and Inc. have slumped more than 20% from their March highs as they jostle for delivery market expansion. 'This time the overcapacity is concentrated in industries mostly dominated by private firms, so the challenges are going to be greater than when SOEs ruled and could just buy up the private firms and shut them down,' said Li Shouqiang, a fund manager at Shenzhen JM Investment Management. Addressing the supply-demand imbalance will also require measures to reflate the economy by boosting consumption — a tall order the government has struggled to deliver on. For now, investors seem hopeful that a bigger supply-side reform is in the offing. Morgan Stanley strategists said sentiment has improved with the government's message, and added they now prefer A-shares over offshore ones. 'When senior policymakers change some policy tone, there should be some actionable items or something to follow through,' said Louisa Fok, China equity strategist with Bank of Singapore. It won't be a quick overnight fix, but it's 'definitely positive' that the government is aware of the problems, she added. This article was generated from an automated news agency feed without modifications to text.
&w=3840&q=100)
First Post
37 minutes ago
- First Post
Jaishankar leaves today for Singapore, SCO meet in China; Chinese FM to visit New Delhi this month
S. Jaishankar will visit Singapore and China from July 13 to 15, marking his first trip to China since the 2020 border standoff. In China, he will attend the SCO Foreign Ministers' meeting. read more External Affairs Minister S Jaishankar and China's Foreign Minister Wang Yi meet on the sidelines of the G20 Summit in Brazil's Rio de Janeiro. File Image: X | @DrSJaishankar. External Affairs Minister S. Jaishankar will visit Singapore and China from July 13 to 15, the Ministry of External Affairs announced on Saturday. In Singapore, Jaishankar will meet his counterpart and other leaders as part of regular engagements between the two countries, the ministry said. Afterward, he will travel to China to attend the Shanghai Cooperation Organisation (SCO) Council of Foreign Ministers' meeting, scheduled for July 15 in Tianjin. Jaishankar is also expected to hold bilateral talks on the sidelines of the meeting. STORY CONTINUES BELOW THIS AD China's Foreign Ministry confirmed that the SCO foreign ministers' meeting will bring together foreign ministers from member states and leaders of the bloc's permanent bodies to discuss cooperation and key international and regional issues. The meeting will help lay the groundwork for the SCO Leaders' Summit, likely to be held in Tianjin in early September. Chinese Foreign Minister Wang Yi, who invited the ministers, may also visit India later this month for talks with National Security Adviser Ajit Doval under the Special Representatives (SR) dialogue on the boundary dispute. Wang and Doval are the designated Special Representatives for boundary talks between India and China. So far, 23 rounds of talks under this mechanism have been held without resolving the border issues. This will be Jaishankar's first visit to China since the military standoff along the Line of Actual Control (LAC) in eastern Ladakh began in May 2020. His trip follows recent visits by Defence Minister Rajnath Singh and NSA Doval to China in late June for SCO meetings. Singh attended the SCO Defence Ministers' conference in Qingdao.
