NEW DELHI: India should adopt a balanced approach to business with China due to the troubled political relationship over the past four years and the need to avoid becoming overly dependent on a single supply chain, external affairs minister S. Jaishankar said on Thursday at an event organised by the Associated Chambers of Commerce &…
The go-global strategy of Chinese electric vehicle (EV) makers has hit speed bumps after Beijing warned them not to invest in certain markets and a battery maker’s failed US$4 billion plan for production in Germany provided a bitter lesson. Companies are realising that cost advantages and a grasp of core technologies are not enough to…
Dressed in a pristine white knit top, Robyn Qiu cut an incongruous figure in her parents’ dusty, hangar-like metal hardware factory in eastern China as she gestured excitedly while an assistant filmed her on a smartphone. The 29-year-old is one of many second-generation factory owners fighting to elevate the country’s manufacturing sector, pitting digital native…
China is reviving aspects of a Mao Zedong-era plan to relocate critical facilities away from the country’s most densely populated areas to its western hinterlands. Mao’s 1964 “Third Front Construction” initiative was motivated by Cold War fears of nuclear attack, fuelled by the deepening American involvement in Vietnam and increased hostility between China and the…