Chinese Firms

Overseas companies having Chinese shareholding of up to 10 per cent will be eligible to invest in India under the automatic route across sectors; however, the relaxed FDI norms will not apply to entities registered in China/Hong Kong or other countries sharing land borders with India, a senior official said on Wednesday. Earlier, foreign firms with shareholders from these land border nations owning even a single share had to seek mandatory approval to invest in India in any sector. The Union Cabinet on March 10 made changes in the press note 3 of 2020 in this regard. Under the press note, investors from countries sharing land borders with India had to seek mandatory approval to invest in any sector. "All the restrictions for investors from land bordering countries (LBCs) are still applicable. There is no relaxation so far as entities or investors in LBCs are concerned. This relaxation is only for entities in non-LBCs and having beneficial owners from LBCs below 10 per cent and ...

While state-owned China National Petroleum Corp. holds stakes in three joint ventures producing heavy crude in the Orinoco Belt and one in Zulia state, production is limited and uneven

The measures imposed in 2020 effectively barred Chinese firms from competing for Indian government contracts that were estimated to be worth $700 billion to $750 billion

Drone manufacturers will be required to assign a unique product identification code to each unit, in accordance with relevant national regulations

ACE's Sorab Agarwal urges urgent safeguard or anti-dumping duties on Chinese crawler excavators and tower cranes, warning that predatory pricing and subsidies are rapidly eroding India's market share

Global oversupply and Chinese exports continue to weigh on prices, but strong domestic demand and expected duty support could help stabilise Indian steel prices by the final quarter of FY26

Thomas Cook (India) Limited and its group company SOTC Travel on Monday announced the expansion of their China portfolio, promoting it as a key holiday destination for Indian travellers. This move is backed by a series of positive developments, including the strengthening of diplomatic relations between India and China, resumption of direct flight connectivity and a relaxed visa approval process -- all contributing to a renewed travel demand among Indians, Thomas Cook (India) stated. The growing interest is reflected by Thomas Cook India and SOTC's internal data, with departures selling out well in advance, even during a traditionally low-season (October-November). Capitalising on this strong consumer sentiment, the companies said they have expanded their China holidays portfolio. In addition to leisure travel, China's advanced infrastructure, expanding flight connectivity and return of trade events are also driving strong potential across both business travel and the MICE ...

The recovery followed a 50% jump in polysilicon prices since July, after the government warned against cutthroat competition seen across sectors, including solar manufacturing

Even though SkyRail appears to be a rare misstep for BYD, which vies with Tesla Inc as the world's biggest seller of EVs, the company has said it's continuing to innovate the technology

The net profit margins of US listed companies in tradeable goods averaged around 12 per cent last year, more than double the 4.9 per cent of their Chinese peers

US Customs as started a formal investigation of Waaree and Waaree Solar Americas Inc over suspected evasion of anti-dumping duties, imposing interim measures on solar imports

China's $38 bn medical aesthetics sector may face a price war, following trends in other industries that gave shoppers 50-cent meals and $4,200 electric vehicles, pushing costs sharply down

China has purchased more than 150 million barrels - costing about $10 billion at current prices - above its actual use so far this year

Since 2022, China's green-tech FDI has reached $227-$250 billion, roughly matching the post-WWII Marshall Plan that strengthened US-European alliances

TSMC's move is linked to the proposed US Chip EQUIP Act; aimed at securing subsidies, diversifying supply chains

The delisting comes as liquidators sifting through the books revealed that the developer's debt load now stands at about HK$350 billion ($45 billion), much bigger than previously disclosed

Currently, all investment by Chinese entities in Indian companies need to gain a security clearance from both India's home and foreign ministries

China's largest coffee chain Luckin Coffee opens its first stores in New York with high-quality coffee at affordable prices and mobile-first service

Egypt is constructing a new administrative capital, located approximately 45 kilometres east of Cairo, to alleviate the congestion and pollution of the current capital

Formerly called DFSK Motor, Seres partnered with telecommunications giant Huawei Technologies Co. back in 2021 to launch the Aito brand of premium electric and hybrid sport utility vehicles