India should be careful in its negotiations with the US and should focus on its self-reliance rather than depending on Washington, Global Trade Research Institute (GTRI) said in a report. In a report titled “Trump’s tariff offensive hits a rare earth wall,” the think tank analysed the impact of Trump’s recently imposed tariffs on China…
A bipartisan delegation of US lawmakers visited Beijing on Sunday (September 21), meeting with China’s Premier Li Qiang in a rare House of Representatives trip aimed at “breaking the ice” and strengthening ties between the world’s two largest economies. The visit comes amid ongoing tensions over trade, TikTok, and military activity in the South China…
Tata Electronics has positioned itself as Apple‘s most significant manufacturing partner in India, capitalising on the iPhone maker’s efforts to reduce dependence on Chinese production for the US market.Regulatory filings reviewed by ET reveal that Apple’s iPhone shipments to the US now represent nearly 37% of Tata Electronics’ FY25 revenue, generating over Rs 23,112 crore…
Nvidia is reportedly developing a new AI chip for the Chinese market based on its latest Blackwell architecture. According to a report by the news agency Reuters, this chip would be more powerful than the current H20 model that the company is permitted to sell in China. The development follows recent comments from US President…
India received support from unlikely quarters amid Donald Trump’s aggressive tariff moves after Chinese ambassador Xu Feihong called the US a “bully” as it doubled the tariffs on New Delhi to 50%. “Give the bully an inch, he will take a mile,” Xu said, pointedly criticising the White House without naming Trump. The remark is…
US Secretary of State Marco Rubio on Friday said there is a “high probability” of a meeting between President Donald Trump and Chinese President Xi Jinping, though no date has been set yet. Rubio made the remarks while speaking to reporters on the sidelines of the East Asia Summit and ASEAN Regional Forum in Malaysia….
European stocks rose on Friday, led by automakers, as signs of easing trade tensions between Beijing and Washington raised hopes of a de-escalation in the U.S.-led tariff war. The pan-European STOXX 600 index advanced 0.9% at 542.27 points, as of 0825 GMT. The index was on track to log its first weekly gain in three…
Tesla has signed its inaugural agreement to construct a grid-scale battery power plant in China, a report claims. This move comes amidst ongoing trade tensions between the US and China. The Elon Musk-led electric vehicle maker took to the Chinese social media platform Weibo to announce that this project, upon completion, will be the largest…
When Yan Jun was looking around last year for a stock market to raise capital for his Beijing-based traffic-control software company, the engineer and chairman thought he was spoiled for choice. He could sell shares of his 10-year-old company AICT on one of the three mainland exchanges – Beijing, Shanghai and Shenzhen – that together…
May 24, 2025 Amid rising geopolitical tensions and discussions on de-dollarisation, Hong Kong’s financial system is playing a pivotal role in promoting the internationalisation of the yuan. As reported by the South China Morning Post, the yuan’s potential to expand its global footprint is being explored by international businesses, particularly in Qatar. The affluent Middle…