China

India's telecom imports from China rose to $6.37 billion in FY24: Govt

India's imports of telecom instruments from China climbed to USD 6,371 million (about Rs 59,500 crore) in 2023-24, up from USD 5,553 million in 2019-20, Parliament was informed on Wednesday. Minister of State for Communications Pemmasani Chandra Sekhar, in a written reply to Lok Sabha, said that total imports in the telecom instruments category rose from USD 13,333 million in 2019-20 to USD 17,010 million in 2023-24. "The imports under the principal commodity 'telecom instruments' have increased from USD 13,333 million in 2019-20 to 17,010 million in 2023-24. Further, the import from China during the period has increased from USD 5,553 million to 6,371 million," the minister said. To boost domestic manufacturing of telecom instruments, he said the government has introduced the Public Procurement order to give preference in government procurement for goods and services which meet the minimum domestic value addition criteria. He also noted the Production Linked Incentive (PLI) Scheme

Robotaxi chaos in China as Baidu cars stall mid-traffic after system glitch

Multiple Baidu robotaxis stopped suddenly on Wuhan roads after a system failure, leaving passengers stranded and disrupting traffic in the city

Pakistan, Afghan Taliban resume talks in China as Beijing seeks ceasefire

Pakistan and Afghanistan's Taliban governments have resumed talks in China, which is mediating between the two sides to broker a durable ceasefire after more than a month of fighting, two Pakistani officials said Wednesday. A third person who is in a position to know about China's mediation efforts said the talks were aimed at ending the current fighting. Representatives from both countries are meeting in Urumqi, in northern China, the officials told The Associated Press, speaking on condition of anonymity because they were not authorised to brief the media. China has not commented. Pakistan's Ministry of Foreign Affairs neither confirmed nor denied the latest development.

Indian business delegation visits China, explores ties after 5 year hiatus

An Indian chambers of commerce delegation is currently visiting China to interact with their counterparts here, marking the first such visit after the five-year freeze in relations. A delegation of the Punjab, Haryana, Delhi, Chambers of Commerce and Industry (PHDCCI) is on a visit to Shanghai and China's Jiangsu province, one of the most industrialised areas of China, from Mar 29 to April 4. This is the first Indian trade delegation to visit China after the two countries normalised bilateral relations last year, after over five years of hiatus following the military standoff at Eastern Ladakh in 2020. The relations were on the course of normalisation after the meetings between Prime Minister Narendra Modi and Chinese President Xi Jinping in 2024 and 2025 on the sidelines of the BRICS and SCO summits. The Indian Consulate General of Shanghai, Pratik Mathur, on Tuesday hosted a Business Round Table between the PHDCCI Delegation and leading companies and financial institutions from .

China confirms 3 ships crossed Strait of Hormuz amid ongoing conflict

Ship-tracking data showed two Chinese container ships sailed through the Strait of Hormuz on Monday on their second attempt to leave the Gulf after turning back on Friday

Asia braces for LNG shock as Strait of Hormuz blockade chokes supply

With a cutoff in shipments imminent, Asian countries, the biggest importers of liquefied natural gas from the West Asia, are already burning more coal and reducing consumption

China's factory growth hits 1-year high in March despite war risks

The sub-indexes for output and new orders both rose above 51 from below 50 the previous month, while that for new export orders improved to 49.1 from 45 in February

Chinese cargoes signal fuel relief for Asian neighbours despite curbs

China, a major Asian fuel exporter, halted overseas oil product sales, forcing refiners to cancel or renegotiate shipments to prioritise domestic supply

BYD sees EV exports beating target by 15% as overseas demand drives growth

BYD's optimistic export outlook follows disappointing results, including the company's first annual drop in profit in four years even as it toppled Tesla Inc. as the world's top-selling EV maker

China resumes direct flights to North Korea after 6 yrs; trains restart too

China's flag carrier resumed direct flights between Beijing and North Korea's capital of Pyongyang on Monday not long after the restoration of passenger train services between the capitals. The Air China flight was welcomed by the Chinese ambassador to North Korea, Wang Yajun, and other diplomats, according to Chinese state media. Passenger train service from China to North Korea had resumed March 12. Flights and passenger trains to North Korea had been suspended since the beginning of the COVID-19 pandemic in 2020. North Korean carrier Air Koryo resumed flights between the capitals in 2023. North Korea banned all foreign tourists during the pandemic but has started easing the restrictions, with a Russian tour group entering the country in 2024. Chinese tour groups had made up 90 per cent of all visitors to North Korea prior to the ban, and the delay on resuming Chinese tours surprised observers. China is Pyongyang's biggest trading partner and major ally, but Beijing has expres

Govt eases curbs, lets state-run firms import critical equipment from China

Under the relaxation of the rules, India's largest state-run power equipment maker Bharat Heavy Electricals can procure 21 types of critical equipment from China

DeepSeek down for 7 hours in biggest outage since debut, services restored

The extended downtime is unusual for a globally used app like DeepSeek, which has for over a year carried the mantle of China's breakthrough artificial intelligence service

How China's subsidy rollback has hit EV unicorn BYD's annual profits

Withdrawal of state support and an intensifying price war are squeezing BYD's margins and sales, forcing the EV major to rely on exports to sustain growth

'China, India share far more common interests than differences': Chinese FM

Chinese Foreign Minister Wang Yi made these remarks after meeting outgoing Indian Ambassador to China Pradeep Kumar Rawat in Beijing

China probes US trade practices in response to Trump tariff moves

China launched two investigations into US trade practices on Friday, signalling its resolve to push back against President Donald Trump's tariffs ahead of his visit in May. The Commerce Ministry said the new probes are a response to two investigations announced by Trump earlier this month against multiple countries, including China. A ministry statement said the two Chinese investigations were launched to safeguard the interests of relevant Chinese industries and expressed "firm opposition" to the American probes. One will examine US policies that restrict Chinese goods from entering the United States and that limit US export of advanced technology products to China. The other is focused on barriers to Chinese green energy exports. The probes are expected to take six months and could be extended for another three months if necessary, the ministry said. The Chinese investigations are the latest volley in a long-running trade war and could be bargaining chips to counter any possible

Govt relaxes rules for some state firms to procure key equipment from China

Under the relaxation of the rules, India's largest state-run power equipment maker Bharat Heavy Electricals can procure 21 types of critical equipment from China, the government order said

Piyush Goyal meets Chinese Commerce Minister Wang Wentao; discusses trade

Commerce and Industry Minister Piyush Goyal on Friday held a meeting with his Chinese counterpart Wang Wentao and discussed trade-related issues. The bilateral meeting was held on the sidelines of the 14th ministerial conference (MC14) in Yaounde, Cameroon. "Met Mr. Wang Wentao, Minister of Commerce of China, on the sidelines of the #WTOMC14. Exchanged views on the MC-14 agenda and discussed bilateral trade matters," Goyal said on a social media post. The meeting is important as India's trade deficit with China crossed USD 100 billion during the 11-month period of this fiscal year. During April-February 2025-26, the country's exports to China increased 37.66 per cent to USD 17.54 billion, while imports rose 15.21 per cent to USD 119.55 billion. Trade deficit has widened to USD 102.01 billion from USD 91.03 billion in April-February 2024-25.

US worried by rise in 'foreigner butchering' scams being run from China

The US-China Economic and Security Review Commission said recent crackdowns on scam centers had seen Chinese criminals return home to start smaller-scale operations targeting only foreigners

South Korean PM cancels China visit as energy concerns mount amid Iran war

The last-minute cancellation comes as the effective closure of the Strait of Hormuz is piling pressure on Washington and on major importers of oil, gas and fuels from the Persian Gulf

China to recoup 2% share in Indian FDI after Press Note 3 changes: Report

The amendments to the 'Press Note 3' by the government will help China increase its share in the overall foreign direct investments attracted by India to 2 per cent levels, a report said on Monday. "The change in the rule is expected to increase the share of Chinese funds in overall FDI to more than 2 per cent, the level it stood at before the Press Note 3," the report by Crisil Intelligence said. Between calendar years 2014 and 2019, cumulative FDI inflows from China, including Hong Kong, accounted for about 2 per cent of total FDI, which contracted to 0.27 per cent after the introduction of new rules in Press Note 3. Easing of Press Note 3 norms is expected to unlock a pipeline of pending proposals, potentially driving a near-term uptick in inflows from China, including Hong Kong, it said. The entity expects the government move to accelerate FDI inflows into India, strengthening its domestic capabilities and reducing reliance on imports. The government first introduced the rules