Browsing: China

India’s top mobile manufacturers, including Apple and Foxconn, are urging tariff corrections in Union Budget 2026–27 to fix an inverted duty structure, cut customs on components, and protect India’s $75 billion phone production and $30 billion export ambitions amid China’s curbs on advanced manufacturing machinery.

India’s top mobile manufacturers, including Apple and Foxconn, are urging tariff corrections in Union Budget 2026–27 to fix an inverted duty structure, cut customs on components, and protect India’s $75 billion phone production and $30 billion export ambitions amid China’s curbs on advanced manufacturing machinery.

China’s e‑CNY push and the mBridge network surpass $55 billion in cross-border transactions as BIS exits, the UAE tests digital dirham, and the U.S. pivots to Project Agorá.

China’s e‑CNY push and the mBridge network surpass $55 billion in cross-border transactions as BIS exits, the UAE tests digital dirham, and the U.S. pivots to Project Agorá.

India’s exports to China rose 33% to $12.22 billion in April–November 2024-25, led by electronics, agriculture, and base metals, even as the trade deficit heads toward $106 billion.

India’s exports to China rose 33% to $12.22 billion in April–November 2024-25, led by electronics, agriculture, and base metals, even as the trade deficit heads toward $106 billion.

Trump backs the Sanctioning of Russia Act of 2025, a bipartisan bill enabling tariffs up to 500% on countries buying Russian oil, placing India and China under intense pressure while Washington seeks leverage in Ukraine peace talks and weighs broader financial and energy sanctions.

Trump backs the Sanctioning of Russia Act of 2025, a bipartisan bill enabling tariffs up to 500% on countries buying Russian oil, placing India and China under intense pressure while Washington seeks leverage in Ukraine peace talks and weighs broader financial and energy sanctions.

India’s finance ministry is considering scrapping post-2020 restrictions that blocked Chinese firms from government contracts, potentially reopening $700-750 billion in power and infrastructure tenders as border tensions ease, pending approval from Prime Minister Narendra Modi’s office.

India’s finance ministry is considering scrapping post-2020 restrictions that blocked Chinese firms from government contracts, potentially reopening $700-750 billion in power and infrastructure tenders as border tensions ease, pending approval from Prime Minister Narendra Modi’s office.