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China hails Trump-Xi summit, says ''very confident'' in trade deal
Thu, Dec 06, 2018
China on Thursday expressed confidence in striking a trade deal with the United States within their 90-day ceasefire period, praising the recent meeting between U.S. President Donald Trump and Chinese President Xi Jinping as highly successful.
Donald Trump says he would revert to tariffs if US and China fail to resolve differences
Wed, Dec 05, 2018
U.S. President Donald Trump on Tuesday held out the possibility of an extension of the 90-day trade truce with China but made clear he would revert to tariffs if the two sides could not resolve their differences.
Oil prices extend gains on expected OPEC-led supply cuts
Tue, Dec 04, 2018
Oil prices rose on Tuesday, extending strong gains from the previous day amid expected OPEC-led supply cuts and a mandated reduction in Canadian output.
Trade truce with China means big changes in Beijing policy, says President Donal Trump
Mon, Dec 03, 2018
Trump and Chinese President Xi Jinping agreed to hold off on new tariffs during talks in Argentina on Saturday, declaring a truce following months of escalating tensions on trade and other issues. On Sunday, Trump tweeted that China had agreed to cut import levies on American-made cars.
China rejects India’s proposal to trade in domestic currencies rupee-renminbi
Mon, Dec 03, 2018
China has not accepted India’s proposal to carry out bilateral trade in local currencies which was aimed at bridging the ballooning trade deficit with the neighbouring country, an official said.
Oil prices shot up as US, China suspend trade hostilities
Mon, Dec 03, 2018
Oil prices shot higher on Monday after the United States and China agreed a 90-day truce in their trade conflict and ahead of a meeting by producer club OPEC this week that is expected to result in a supply cut. U.S.
China says no to India's proposal for bilateral trade in domestic currencies
Sun, Dec 02, 2018
The issue was discussed in an inter-ministerial meeting in October. In the meeting, it was suggested to the Reserve Bank of India and the Department of Economic Affairs would look at the possibility of exploring renminbi-rupee trade with China.
China looking to boost agricultural exports to India, President Xi tells PM Modi
Sat, Dec 01, 2018
China was looking to boost agricultural exports to India while increasing imports of rapeseed and soymeal from the country, President Xi Jinping told Indian Prime Minister Narendra Modi on the sidelines of a G20 meeting on Friday.
India to press for better deal with China as part of RCEP negotiations
Mon, Nov 26, 2018
India will press for better trade deal with China as part of the ongoing negotiations for the proposed mega trade deal - RCEP, which is slated to be concluded next year, official sources said.
China to build its first undersea tunnel for high-speed trains
Fri, Nov 23, 2018
China will build its first undersea tunnel for high-speed trains, connecting two cities in eastern province of Zhejiang which will substantially cut the travel time from 90 to 30 minutes, according to a media report.
Cruise tourism set for better days; outbound travel seen Nearly doubling by 2020
Mon, Nov 12, 2018
"India has similar potential, if not more and the government is keen on the cruising sector," he said, adding it is imperative for us to catch this cycle over the next two- three years as deployment is usually planned a couple of years in advance.
US denies pursuing containment policy with China
Sat, Nov 10, 2018
US Secretary of State Mike Pompeo has said that Washington was not trying to contain China, but rather to persuade Beijing to adjust its approach in matters related to military expansion and respect for human rights.
US, China should ensure G20 talks go well, senior diplomat says
Thu, Nov 08, 2018
The United States and China must work to ensure that talks between their leaders at a G20 summit this month go well and they manage differences, a top Chinese diplomat said, as the two countries try tentatively to get ties back on track.
Oil rises as China reports record crude imports, but soaring US output caps gains
Thu, Nov 08, 2018
Oil prices rose on Thursday after record Chinese crude imports eased concerns that a slowdown in the world`s No.2 economy could stoke an emerging fuel glut.
Arvind Panagariya bats for better deals with US on trade front
Thu, Nov 01, 2018
India should negotiate with the US on getting concession deals rather than retaliate by imposing import tariffs on steel in the face of the ongoing China-US trade war, former Niti Aayog Vice-Chairman Arvind Panagariya said Wednesday.
World's longest cross-sea project: Hong Kong-Zhuhai-Macau Bridge! Check amazing photos
Tue, Oct 23, 2018
China has once again presented an amazing example of engineering in the form of the world's longest cross-sea project - the 'Hong Kong-Zhuhai-Macau Bridge'. It is a mammoth 55 kilometers in length!
This is the country where expats average income is the highest; check India's ranking
Mon, Oct 22, 2018
Everyone one has a dream of working in a foreign country where they can earn huge amounts of money and be able to afford a luxurious lifestyle. But most people spend their lives waiting or searching for the right opportunity.
China-built world's largest amphibious plane completes maiden flight test
Sat, Oct 20, 2018
On Saturday, China's indigenously designed and built amphibious aircraft AG600, touted as the world's largest, successfully carried out its first take-off and landing tests.
Govt imposes anti-dumping duty on certain steel products from China
Fri, Oct 19, 2018
India has imposed anti-dumping duties of up to USD 185.51 per tonne for five years on certain varieties of Chinese steel to guard domestic players from cheap imports from the neighboring country.
China echoes IMF pledges to avoid using currency as trade war tool
Sat, Oct 13, 2018
China`s top central banker on Saturday pledged to keep the yuan currency`s value "broadly stable," a sign that Beijing may be trying to prevent a bruising trade dispute with the United States from spilling over into a currency war.