China, India Sign over $22 bln in Deals
China and India signed deals worth more than $22 billion in areas including renewable energy, ports, financing and industrial parks, an Indian embassy official said on Saturday. Namgya C. Khampa, of the Indian Embassy in China, made the remarks at the end of a three-day visit by Indian Prime Minister Narendra Modi, during which he sought to boost economic ties and quell anxiety over a border dispute between the neighbours. (Reporting By Sue-Lin Wong, Writing By Megha Rajagopalan in BEIJING)
Ship Collision Kills Three
Three Chinese sailors aboard a cargo ship were killed and nine others are missing following a collision with another vessel near Inchon Port of the Republic of Korea (ROK) yesterday. Five sailors were saved by press time last night, according to the China Maritime Search and Rescue Centre under the Ministry of Communications. The ROK maritime police sent 40 boats and one helicopter to search for the missing sailors after the boat sunk in the crash. The 2,972-ton cargo ship, Xinhai7, was registered in the island country of Tuvalu in the southern Pacific Ocean by Sinbei International Shipping, a Hong Kong company. It ran into a 3,980-ton Korea Gas vessel yesterday, when it was entering the port. The Korea Gas ship only sustained minor damage with all its crew reported safe.
