Terrorists attacked security forces during a search operation in Anantnag district of South Kashmir. Security forces had received information about 3-4 terrorists hiding in the area. After this a search operation was conducted there. During the raid, the terrorists opened fire on the security forces, after which the encounter started.
This is the second encounter of security forces with terrorists in Jammu and Kashmir in the last 24 hours.
Srinagar : Big news is coming from Anantnag (Jammu-Kashmir Encounter) of Jammu and Kashmir. Terrorists attacked security forces during a search operation in Anantnag district of South Kashmir. Colonel Manpreet Singh, Major Ashish Dhonchak and DSP Humayun have been martyred in this encounter. The army has confirmed this. The body of the martyred DSP has been recovered amidst heavy firing by terrorists in the dense forests of Kokernag area.
Army's 15 Corps Commander Lieutenant General Rajiv Ghai, Director General of Jammu and Kashmir Police Dilbag Singh and many officers have reached the encounter site to monitor the operation and to bring back the mortal remains of the martyrs and rescue the injured soldiers.
According to the report of news agency PTI, security forces had received information about 3-4 terrorists hiding in the area. After this a search operation was conducted there. During the raid, the terrorists opened fire on the security forces, after which the encounter started.
Sources say that after receiving specific information about the presence of terrorists, the army and police started a joint search operation late on Tuesday night. There was firing on the soldiers under the leadership of the Commanding Officer and DSP of Jammu and Kashmir Police. Sources said that security forces were immediately sent to the area, but due to heavy firing by the terrorists, the injured could not be evacuated immediately.
An army dog also died
in this operation. The army officer said that the name of the army dog martyred in the encounter was Kent. He saved his handler during the encounter and was himself martyred. Kent was leading a unit of soldiers to search for terrorists. During this time he was shot.
Operation is also going on in Rajouri.
This is the second encounter of security forces with terrorists in Jammu and Kashmir in the last 24 hours. Earlier, an army soldier was martyred in action during an encounter with terrorists in Rajouri district. While 3 soldiers were injured. In this encounter, security forces also killed 2 terrorists. The operation is currently going on in Rajouri.
China Federation : China's top 500 private enterprises continue to decline. Is China's economy collapsing?
The report of China's Top 500 Private Enterprises shows that the total operating income of the largest 500 private enterprises last year was less than 40 trillion yuan, a year-on-year increase of less than 4%, but the after-tax net profit was 1.64 trillion yuan, a year-on-year decrease of nearly 5%.
China's small and medium-sized enterprise development index has risen for three consecutive months. Private enterprise confidence still needs to be revitalized.
Will the establishment of a bureau for the private economy by the China National Development and Reform Commission to promote the private economy backfire?
Will the Chinese government’s continuous documents to boost the private economy be effective?
On Tuesday (12th), the All-China Federation of Industry and Commerce released the 2023 China's Top 500 Private Enterprises report in Jinan, Shandong Province. It showed that in 2022, the total operating income of the country's 500 largest private enterprises will be 39.83 trillion yuan, a year-on-year increase of 3.94%, but Net profit after tax was 1.64 trillion yuan, a year-on-year decrease of 4.86%.
Caixin reported on Tuesday evening that the after-tax net profit of China's top 500 private enterprises reached a peak of 1.97 trillion yuan in 2020, and then declined for two consecutive years, to 1.73 trillion yuan in 2021, a year-on-year decrease of 12%, and then decreased again in 2022. 4.86%, the decline has slowed down.
Economic downturn, foreign trade and domestic demand continue to shrink
Liu Kun, a retired teacher at the School of Economics at Guizhou University, said in an interview with this station on Wednesday that under the influence of current policies, both foreign trade and domestic demand are shrinking. Therefore, he is not surprised by the continuous decline in profits of large private enterprises. He said pessimistically that from the perspective of long-term economic trends, now is just the beginning: "Now Pandora's box has just been opened, and you haven't seen the clues yet. It's not just a matter of explosions in various industries. On the surface, current economic policies are doing Conservative treatment, no more anti-corruption in medical treatment, no more anti-corruption in education. After working on it for a long time, I suddenly remembered the Hungry Ghost Festival in 1948, and what was accomplished in just a few days."
Scholar Liu Kun compared China in 1948 with today. He said : "The economic reforms carried out by Xiao Chiang issued gold dollar coupons. Soon the old Chiang Kai-shek government was destroyed, and the gold dollar coupons were over. That was July 10, the Hungry Ghost Festival in 1948. Five, the regime is gone. The collapse of a regime is not just a coup or a war, the fundamental problem is that the people are in dire straits. I feel inexplicably uneasy and pessimistic."
Regarding the heated discussion from the outside world, China's economy continues to decline, foreign investment has gradually withdrawn, and some private enterprises have turned to India, Vietnam and other countries to continue their operations. Chinese officials have always said that this is foreigners slandering China. When asked by reporters at a regular press conference on Tuesday, Foreign Ministry Spokesperson Mao Ning said that many Western countries have been badmouthing China's economy recently. U.S. President Biden said that China is facing economic difficulties, which are not only affected by the weak growth of the world economy, but also related to China's economic policies. The Australian Finance Minister said that China’s economic growth has slowed down significantly, which has had an impact on Australia. U.S. Deputy Treasury Secretary Adeyemo said that the slowdown in China's economic growth will mainly affect its Asian neighbors. Mao Ning said that it seems that various "China collapse theories" appear every once in a while, but the fact is that China's economy has not collapsed. On the contrary, the "China collapse theory" has repeatedly collapsed.
Two of the world's largest fund companies withdraw from China
Just last week, Canada Pension Plan Investment Corporation, the largest of its kind in Canada, laid off at least five investment professionals in its Hong Kong office as it pulled out of deals in China. The managing director responsible for the company's Greater China real estate portfolio was told weeks ago that he would lose his position.
Information on the official website of Norges Bank Investment Management, another world-renowned sovereign wealth fund, shows that it has initiated the process of closing its Shanghai representative office. The company started operating in Shanghai in November 2007. Official website information shows that as of the end of last year, Norway’s sovereign fund had invested in approximately 850 Chinese companies, with a total value of approximately US$42 billion. In the first half of this year, the Norwegian sovereign fund's return on equity investment was 13.7%, and the return on fixed income investment was 2.2%, while the return on investment in unlisted real estate was -4.6%, and the return on investment in unlisted renewable energy infrastructure was -6.5 %.
Current affairs and financial commentator Zheng Xuguang told this station that the world's five largest investment banks have recently lowered their forecasts for China's economic growth, indicating that it is an indisputable fact that China's economic situation will continue to deteriorate this year. He said: "The five major investment banks have all lowered their forecasts for China's GDP growth, to less than 5% or 5%. Premier Li Qiang held the second meeting of the State Council and also emphasized the need to re-arrange to ensure the completion of the full-year tasks, which is 5% growth .”
Afghanistan : First foreign ambassador appointed to Taliban government
Afghan government spokesman Zabihullah Mujahid said on X that the Afghan interim prime minister accepted the credentials of Chinese ambassador Zhao Xing, after which the Chinese diplomat officially started working in Kabul.
China's new ambassador presented his credentials to the Taliban's prime minister in Kabul on Wednesday , marking the first appointment of any foreign ambassador at the diplomatic level since the Taliban took power in 2021.
Afghan government spokesman Zabihullah Mujahid said in messages on X (formerly Twitter) that Chinese Ambassador Dr. Zhao Xing presented his credentials to Interim Afghan Prime Minister Mullah Muhammad Hassan Akhund, which he accepted.
After the acceptance of the documents, the Chinese ambassador officially started work in Kabul.
Bilal Karimi, deputy spokesman for the Afghan Taliban administration, also confirmed the appointment of a Chinese ambassador to Kabul in similar messages on X.
No country has yet formally recognized the Taliban government in Afghanistan, but it was not immediately clear whether Wednesday's appointment of the Chinese ambassador was Beijing's first step toward formal recognition of Taliban rule in Kabul.
According to the British news agency Reuters, the spokesperson of the Ministry of Foreign Affairs of the Taliban administration in Kabul also confirmed that he is the first foreign ambassador to be appointed to the country after the withdrawal of foreign forces from Afghanistan in August 2021 and the Taliban taking power.
Chinese Ambassador to Afghanistan Dr. Zhao Xing said in a message on Wednesday evening: 'On behalf of the Chinese government and nation, I thank the Afghan government for accepting my presence as the Chinese ambassador.'
He further wrote that China wants strong and close political and economic relations with Afghanistan and considers it a need and benefit of both countries and nations.
Wang Yu, China's former ambassador to Afghanistan, assumed his post in 2019 and completed his term last month.
Other countries and international delegations, including Pakistan and the European Union, send senior diplomats to lead their diplomatic missions in Kabul, but these diplomats are called 'charge d'affaires' or nazim-ul-amour, which usually refers to He is responsible for diplomatic duties without being formally an ambassador.
Some of the ambassadors appointed during the previous Afghan government have also worked in Kabul with the same post of 'Charge d'Affairs'.
The Taliban entered the capital on August 15, 2021, after Afghan West-backed security forces surrendered and US-backed President Ashraf Ghani fled the country.
According to Zabiullah's messages on X, the presentation ceremony took place at the Presidential Palace in the Afghan capital, Kabul, which was attended by Afghan Foreign Minister Maulvi Amir Khan Muttaqi.
According to X-messages, the new ambassador of China expressed his happiness at the new mission in Afghanistan and said that working in Kabul is a place of honor for him.
Zabihullah Mujahid's X-messages further stated that Dr. Zhao Xing also conveyed good wishes and congratulations to the leader of the Islamic Emirate of Afghanistan Sheikh Hadith Maulvi Haibatullah Akhundzada and Prime Minister Alhaji Mullah Muhammad Hasan Akhund for the leadership of the People's Republic of China.
According to Zabihullah: 'Mr. Zhao Xing said that China, as a good neighbor of Afghanistan, fully respects Afghanistan's independence, territorial integrity and independence of decisions.
"China has no policy of interfering in Afghanistan's internal affairs and does not want Afghanistan to become its sphere of influence."
Zabihullah added, quoting Mr Zhao Xing: 'He explained that we are happy that in the last two years, a lot of progress has been made in the fight against corruption, crime and drugs, as well as ensuring the economy and security. .
"I will try to strengthen cooperation in Afghan-China relations, politics, economy and other fields."
The Afghan Prime Minister expressed his gratitude to the Chinese leadership for the appointment of Zhao Xing as the Chinese ambassador to Kabul and hoped for an improvement in the level of diplomatic relations between the two countries and said that this would open a new chapter.
According to Zabiullah's X messages: "The Afghan Prime Minister called the relationship between Afghanistan and China important and he recalled the relations and cooperation between the two countries during the last two years after the end of the occupation and expressed hope that the bilateral Further steps will be taken to strengthen the relationship.'