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INDIA CHINA TRADE DEFICIT
India wants to promote rupee trade settlement to help partner facing hard currency shortage: FM Nirmala SitharamanFinance Minister Nirmala Sitharaman said India is promoting rupee and local-currency trade settlements to help countries facing hard-curren...- India-US trade pact would be concluded at earliest, in interest of global trade: FM SitharamanIn a promising update on the India-US trade agreement, Nirmala Sitharaman indicated that negotiations are progressing well, with Commerce M...
- China's trade barriers biggest hurdle in bilateral ties, says Nirmala Sitharaman; flags $100 billion deficitNirmala Sitharaman has identified China's constraints on Indian exports as a crucial hindrance to trade advancement. The finance minister r...
- India's BoP set to turn positive but below expectations amid oil import costs and widening trade deficit: ICICI BankIndia's Balance of Payments (BoP) is turning positive, but it is likely to remain lower than earlier expectations as elevated oil prices an...
- Global Market Today: Asian stocks advance as selloff in chips easesThe MSCI Asia Pacific Index advanced 0.6%, led by stocks in South Korea. Chip stocks rose with Samsung Electronics Co. and SK Hynix Inc. bo...
- India's September goods exports rise 23% as imports hit six-month low, narrowing trade deficitIndia's goods exports surged by 23% in September, totaling $44.4 billion, supported by significant gains in electronics, petroleum, and eng...
- India's trade deficit widens to $30.21 billion in September despite 23% jump in exportsIn September, India's merchandise trade deficit expanded to $30.21 billion from $26.86 billion in August. Exports experienced a notable boo...
- China's trade surplus hits $938 billion for Jan-Sep as pressure ramps up to rebalance tradeChina's exports have increased significantly, rising by 36.3% in September compared to the previous year. Imports also saw an increase of 3...
- We are working to develop relations with China once again: Piyush GoyalCommerce and Industry Minister Piyush Goyal stated that India seeks to improve relations with China, ensuring fair deals. Bilateral trade b...
- India's trade deficit with China crosses USD 100 bn in first 9-monthsIndia's trade deficit with China has climbed to USD 105.93 billion in the initial nine months of this year. However, it is noteworthy that ...
- AI boom lifts China, India as global trade growth accelerates, IMF saysSilvana Tenreyro, the IMF's new chief economist, highlighted the robust growth in AI-related trade. This growth has significantly outpaced ...
- Global Market: China's Yuan hovers near 3-1/2-year high as trade risks cloud outlookChina's yuan hovers near a 3-1/2-year high against the dollar as fading expectations of a US rate hike support the currency. However, trade...
- China holds intensive talks on hybrid, EV trade with EUChina and the European Union recently held consultations focusing on hybrid and electric vehicle trade matters. Both parties agreed on expo...
- China's trade restrictions for services exporters under reviewIndia is proactively gathering insights on the trade hurdles faced by its services exporters in China, engaging with industry representativ...
- EU and China strike interim trade deal that could cut Chinese hybrid exportsChina and the European Union have agreed on a preliminary trade deal to address trade imbalances. This deal includes reduced tariffs on cer...
- Global Market: Yuan strengthens as dollar retreats; China pushes back against undervaluation claimsThe Chinese yuan strengthened against the US dollar as the greenback retreated from an 18-month high. Beijing defended its currency policy ...
- Will EU press the ‘kill switch’ on China? Trade war looms over talksEU officials are raising alarms over the escalating trade deficits with China, exceeding one billion euros on a daily basis. The spike in C...
- India-US trade deal talks may have reached a ‘plateau’, further concessions difficult: Nirmala SitharamanDuring a recent briefing, India's Finance Minister Nirmala Sitharaman announced that talks regarding a trade pact with the US are currently...
- View: India-China thaw faces major economic testsIndia and China are working to improve their diplomatic relations following past military tensions over border disputes. Recent measures in...
- EU, China to hold Beijing talks this week to avert trade warEU trade chief Maros Sefcovic is set to visit Beijing for crucial discussions regarding trade relations. As European leaders express concer...
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