#india&china

While China built high-speed rail track, Indian liberals blocked highways around Delhi: Here is how the economy is a national security issue

by

At long last, we hear of a thaw in the bitter India-China standoff that began last April in Eastern Ladakh. If we want, we can breathe a temporary sigh of relief. But how much relief? China remains dominant, untrustworthy and likely to strike at the next possible opportunity. We lost 20 precious lives at the … Read more

Indian social media platform ShareChat eyeing to raise $200 million from Chinese tech giant Tencent

by

Made-in-India social media platform ShareChat is reportedly aiming at raising $200 million from Chinese technology giant Tencent via optionally convertible debentures. In view of the strict Foreign Direct Investment norms put by the Government of India last year after the Galwan Valley face-off between India and China, it is possible that the funding will be routed via a Europe-based … Read more

‘Apple can’t leave China’ is a myth that has already been broken by India

by

‘Apple can’t leave China’ is a myth that still lures many people, including the American-Chinese scholar Doug Guthrie, who believes  Apple and China’s destiny is inextricably linked. In his podcast with Chris Marquis, which was published on 7th January 2022, the scholar made a case against Apple’s recent efforts to reduce its dependence on China and propagated … Read more

Growth in imports from China slows down during Modi govt while India’s trade with other countries increase at a much higher rate

by

Despite sour relations with China over aggressions at the border, India’s trade relations with the county continues on an upwards trend. India has a trade deficit with China for a long time now, which means India imports far from China compared to exports across the Himalayas. According to reports, India-China trade grew to a record $125 … Read more

India becomes atmanirbhar in the toy industry, imports from China reduces by over 70% in recent years

by

As part of the Local for Vocal initiative, India is making a strong course correction in the toy manufacturing ecosystem. The country’s massive toy demand was till recent years met mainly through imports, largely from neighbouring China. India’s toy imports from China have reduced by an estimated 70 per cent over the recent years. Policy … Read more

US comes in support of India, slams China for ‘renaming’ 30 places in Arunachal Pradesh

by

In a major development, the United States has strongly opposed China’s claim of sovereignty over Arunachal Pradesh, describing it as “unilateral attempts” by Beijing to assert its territorial claims. Biden administration’s response comes after China released a new list of Chinese names for 30 sites in India’s northeastern state. “The United States strongly opposes any … Read more

Walmart’s strategic pivot: Embracing India for a diversified supply chain and cost-efficient procurements while cutting imports from China

by

The world’s largest retailer, Walmart, is increasingly turning towards India for imports while reducing its dependence on China. The shift aims to lower costs and diversify the supply chain. As per a Reuters report, the data from Import Yeti revealed that between January 2023 and August 2023, 25 per cent of US imports were from India. If … Read more

India’s diamond exports to fall 25-30% as Americans, Chinese aren’t buying enough

by

Due to the severe decline in demand in the two biggest consuming markets, the US and China, the nation’s cut and polished diamond (CPD) export is expected to drop by 25–30% this fiscal year to a multi-year low of USD 15–16 billion, and it is unlikely to improve even the following fiscal year, according to … Read more