CHINA ECONOMY
EAM Jaishankar talks Canada's gang wars, political hitjobs & all things 'Anti-India' | ET Roundtable
During an exclusive interview at the ET Roundtable, External Affairs Minister S Jaishankar delves into various subjects, from significant alterations in foreign policy under the Modi administration to addressing the China challenge to navigating the ...
Evergrande liquidation: A warning sign for the future of Chinese Real Estate and Economy
A Hong Kong court ordered China Evergrande Group to liquidate after failing to reach a restructuring deal with creditors. Evergrande's insolvency and lack of progress in presenting a feasible restructuring proposal led to this decision. Earlier, Evergrande had b...
Chinese economy staring at crisis? Weaker economic activity data and deflation, China's woes mount
China reported weaker than expected July activity data Tuesday, accompanied by news that Beijing would no longer publish youth unemployment data. China's economic activity data for July, including retail sales, industrial output and investment failed t...
'Bharat now a strategic power, no longer can anyone show us red eye and get away with it': Rajnath in London
Citing a recent article published in the Chinese state-controlled Global Times, hailing India's growth story and its rising global stature and heft, Union Defence Minister Rajnath Singh on Wednesday said Beijing's perspective has altered dras...
'Chinese imports increased in Modi regime': Congress' Gaurav Gogoi in Lok Sabha
Congress MP Gaurav Gogoi attacked Modi Government for increasing imports from China. Watch!'Chinese imports increased in Modi regime': Congress' Gaurav Gogoi in Lok Sabha
Taiwan plans to hire as many as 100,000 Indian workers amid brewing China tensions
India is reportedly planning to strengthen economic ties with Taiwan by sending up to 100,000 workers to the island nation, potentially beginning as early as next month. With an ageing population, Taiwan needs more workers to sustain its $790 billion economy. This mov...
China hides youth unemployment figures as economy falters
China has stopped releasing youth unemployment figures, which were seen by some as a key indication of the country's slowdown. The decision is due to changes in the world's second largest economy and its society, a government spokesman said. In June, China's jobless rate for 16 to 24 year old
China's exports slide 8.8% in August as economy remains under pressure
China's exports and imports fell in August, data showed on Thursday, as the twin pressures of sagging overseas demand and weak consumer spending squeezed businesses in the world's second-largest economy. While the trade numbers beat analysts' expectations, they show China's manuf
Joe Biden says GOP policies would surrender tech economy to China
President Joe Biden said Tuesday that Republicans' ideas for cutting the budget could undermine US manufacturing and help China dominate the world economy. Speaking at a semiconductor maker in North Carolina to highlight his own policies, Biden is trying to shape public sentiment as h
End to zero-COVID policy in China: What it means for global and Indian economy
China will no longer subject inbound travelers to quarantine from Jan. 8, putting the country on track to emerge from three years of self-imposed global isolation under a Covid Zero policy that battered the economy and stoked historic public discontent. People arriving in
China probably past its 'best'; India most promising for next 5 years: Jim O'Neill
If China improves particularly driven by their own consumers, this is going to be a pretty positive thing for certainly a number of other economies, particularly consumer exporting ones in Asia," says Jim O'Neill, UK Chatham House Chairman.China probably past its 'bes
Why China is doing what it is doing and can its economy overtake USA's GDP? Swaminathan Aiyar’s take
Can China's growing economy overtake USA's GDP and why China is cracking down on its businesses? Swaminathan Aiyar, Consulting Editor, ET NOW says the Chinese government feels that they will lose control. China is a very important part of the world e
Nancy Pelosi in Taiwan: Over the years it has always been about security, governance and economy
US House Speaker Nancy Pelosi landed in Taiwan late Tuesday, defying a string of increasingly stark warnings and threats from China, which views Taiwan as its territory and had warned it would consider her visit a major provocation. "Over the years it ha
Mark Mobius on Indian markets: India much better compared to China
Mark Mobius , Partner, Mobius Capital Partners says, "If you compare countries around the world, India looks very good, particularly if you look at the big countries and compare China and India. As you know China is going through a terrible time now and the market is very bad. The pe
BRICS members have similar approach regarding governance of global economy: PM Modi at 14th BRICS Summit
Prime Minister Narendra Modi on June 23 virtually attended 14th BRICS Summit hosted by China. He said that mutual cooperation of the BRICS can make a useful contribution to the global post-COVID recovery. “BRICS members have a similar approach re
Is India ready to benefit from China's slowdown? Here's what Swaminathan Aiyar has to say
Is India ready to benefit from China's slowdown? Swaminathan Aiyar, Consulting Editor, ET NOW says that while China will undoubtedly continue to grow, the biggest advantage for India is the size of the domestic market. It is not going to become an export-orient
China on Trade war: US to remove tariffs on Chinese goods in phases
The United States and China appeared close Friday to a "phase one" deal to de-escalate a trade war that has caused tensions between the superpowers and threatened to wobble the global economy.China on Trade war: US to remove tariffs on Chinese goods in phases
China's economy cooling off? Key indicators slow to multi-year lows
China's economy is finally starting to cool under the weight of a multi-year crackdown on riskier lending that is pushing up borrowing costs for companies and consumers, with data on Thursday pointing to a broad slowdown in activity in May.China's economy cooling off? Key indicators
Global infra push the start of a mega trend for Cummins: Ashwath Ram
Cummins India hub has advantages over other two hubs in the US and China in terms of greater capacity and better cost structure and it bodes well for us as the demand keeps increasing, says Ashwath Ram, MD, Cummins India, in an interview with ET NOW.Global infra push the start of a
Trade War: Donald Trump fires $34 billion tariff gun at China
U.S. President Donald Trump is firing the biggest shot yet in the global trade war by imposing tariffs on $34 billion of Chinese imports, delivering on a promise to his political supporters that risks provoking retaliation and harming the world economy.Trade War: Donald Trump fires $34 bi
US Economy is strong despite risk of China virus: Fed
Federal Reserve Chairman Jerome Powell says the U.S. economy appears durable with steady growth and unemployment near a half-century low but faces risks from the broadening viral outbreak that began in China. Giving the Fed's semiannual monetary report to Congress, Powell said Tuesday that the Fe
India's foreign and neighbourhood relations, economy disrupted and disturbed in past 6 years: Rahul Gandhi
What is it about this moment that allowed China to have confidence that they can move against a country like India? Over the last 6 years, India has been disturbed & disrupted in areas such as foreign relations, neighbourhood & economy: Rahul G
Swaminathan Aiyar on coronavirus crisis and how it can impact Indian economy
With global markets crashing possibly due to the novel coronavirus scare, ET's Consulting Editor Swaminathan Aiyar shares his views on the possible impact of the virus spread on Indian economy. Watch now.Swaminathan Aiyar on coronavirus crisis and how it can impact Indian e
Amid coronavirus, Trump now views US-China trade deal 'differently'
US President Donald Trump Friday said he views the Phase-1 trade deal inked between the United States and China differently in the wake of the coronavirus pandemic. Listen-in. (Text: Reuters)Amid coronavirus, Trump now views US-China trade deal 'differently'
Indian companies fully capable, we don't need China: Nitin Gadkari
Union Minister of Road Transport Nitin Gadkari spoke to ET Now about various issues like the need to be self-reliant in these uncertain times, reducing China's sway on the local economy among others.Indian companies fully capable, we don't need China: Nitin Gadkari
India, Japan and Korea can compensate for any slowdown in China: Dassault Systèmes
China and Korea represent two significant Asian markets for French tech company Dassault Systèmes. However, the ongoing Coronavirus crisis in China has the potential to hit one of the key markets for the company. In a conversation with ET Digital, Dassault Systemes, V
Crude oil price crash helped India save Rs 25,000 crore: Dharmendra Pradhan
"India has a strategic storage facility of 5.33 million metric tonne. We could fill up all the cabins by this time with this slow oil price of April. India purchase around 9 million metric tonne of crude and we put that crude at high sea through some floating vessels and wit
India lockdown day 24 wrap: Top developments
In a renewed effort to pave the way for a recovery, the Reserve Bank of India (RBI) announces various measures to deal with the collateral damage from the coronavirus pandemic. Amid a general ramp-up in screening and testing for the disease, Gujarat becomes the third state to register 1,000 COVID-19 posit
Covid-19 outbreak: Wuhan revises number of confirmed cases, deaths
Wuhan city, the capital of China's Hubei province where the global coronavirus pandemic originated last December, on Friday revised the numbers of its confirmed coronavirus cases and deaths. The total number of confirmed COVID-19 cases in Wuhan as of April 16 was revised up by 325 to
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