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India-China trade: China may lift curbs on rare earths, fertilisers & more | Wang Yi | Business news

In what could mark a major thaw in India–China relations, Beijing has reportedly decided to ease export restrictions on 3 crucial items that New Delhi had been pushing for.

Inside Beijing's military parade: From laser tanks to hypersonic missiles

Beijing's military parade rehearsal showed new hypersonic missiles, drones, laser tanks, and advanced armoured vehicles, highlighting China's growing high-tech military power

China rare earth exports rise to six-month high on July shipment surge

US Trade Representative Jamieson Greer said earlier this month that China was "about halfway there" in terms of returning magnet supplies to where they were prior to the controls

China refines Russian oil then sells, Europe can toughen sanctions: Rubio

US Secretary of State Marco Rubio said the Russian oil that China is buying is being refined by Beijing, and that refined oil is then sold into the global marketplace. "Well, if you look at the oil that's going to China and being refined, a lot of that is then being sold back into Europe. Europe's also buying natural gas still. Now, there are countries trying to wean themselves off it, but there's more Europe can do with regard to their own sanctions," Rubio said in an interview with Fox Business on Sunday. He was responding to a question on whether Europe is still buying Russian oil. To a follow-up question on whether sanctions are being contemplated against Europe for continuing to buy oil and gas from Russia, Rubio said: "Well, I don't know about (sanctions) on Europe directly, obviously, but certainly there are implications to secondary sanctions. "If you put secondary sanctions on a country let's say you were to go after the oil sales of Russian oil to China well, China jus

S Jaishankar urges border peace in talks with Chinese foreign minister Wang

It is also important for the two countries to pull back their troops amassed along their disputed border in the western Himalayas since a deadly border clash in 2020, Jaishankar said

Leapmotor outpaces China EV rivals with soaring sales, 200% stock surge

Ten-year-old Leapmotor has won over investors by outcompeting its peers in price, principally by producing a large proportion of components in-house

China's $167 billion mega dam faces setback as weak rains hit hydropower

China has increased the capacity of its hydro generators by more than a third since 2020, but so far this year their electricity production is up only 11 per cent

Chinese FM Wang Yi to visit India for 2 days from Monday, says MEA

Chinese Foreign Minister Wang Yi will pay a two-day visit to India beginning Monday to hold border talks with National Security Advisor (NSA) Ajit Doval, the Ministry of External Affairs (MEA) announced on Saturday. Wang's visit comes days ahead of Prime Minister Narendra Modi's planned trip to China to attend the annual summit of the Shanghai Cooperation Organisation (SCO). The Chinese foreign minister is visiting India primarily to hold the next round of Special Representatives' (SR) dialogue on the boundary question. Wang and Doval are the designated special representatives for the boundary talks. "At the invitation of National Security Advisor Ajit Doval, Member of the Politburo of the Communist Party of China and Chinese Foreign Minister Wang Yi will visit India on August 18 and 19," the MEA said in a statement. "During his visit, he will hold the 24th round of the Special Representatives' (SR) talks on the India-China boundary question with India's SR, NSA Doval," it ...

China's Tesla rival Unitree's H1 wins humanoid race at Beijing showcase

The three-day event hosted in the Chinese capital is the latest showcase for the nation's challengers to Tesla Inc and other US companies developing products in the emerging field of advanced robotics

Trump says Xi assured him China won't act on Taiwan during his presidency

The US has long sought to deter Beijing from any military action seeking to unify the self-governing island of Taiwan with China by force

Robots race, play football, crash and collapse at China's 'robot Olympics'

Robots competed in sports such as track and field, and table tennis, as well as tackled robot-specific challenges from sorting medicines and handling materials to cleaning services

Electric 2W firms gear up to ride out China's rare earth magnet squeeze

Leading Indian two-wheeler manufacturer Bajaj Auto, according to senior sources, has imported light rare earth magnets (also called heavy rare earth-free magnets) from China

China's economy shows signs of strain in July, retail sales lose momentum

China's retail sales rose by 3.7 per cent year-on-year in July, slowing from 4.8 per cent in June, based on figures released by the National Bureau of Statistics

China to launch new visa for STEM talent as Trump cracks down on immigrants

China will launch a K Visa from October 1, 2025, to attract young foreign science and tech talent, offering flexible stay rules and no local job requirement

China's economy lags in July amid tariff pressure, weak property market

China's economy showed signs of slowing in July as factory output and retail sales slowed and housing prices dropped further, according to data released Friday. Uncertainty over tariffs on exports to the United States is still looming over the world's second-largest economy after President Donald Trump extended a pause in sharp hikes in import duties for 90 days, beginning Monday, following a 90-day pause that began in May. As officials worked toward a broader trade agreement, China reported earlier that its exports surged 7.2% in July year-on-year, while its imports grew at the fastest pace in a year, as businesses rushed to take advantage of the truce in Trump's trade war with Beijing. But that also reflected a lower base for comparison, and manufacturers have slowed investments, hiring and production as they watch to see what comes. Chinese manufacturers also have ramped up shipments to Southeast Asia, Africa and other regions to help offset lost business in the US. Still, annua

China confirms talks with India, to share Wang Yi visit details soon

Chinese Foreign Ministry spokesperson Lin Jian said, China and India are maintaining interactions at various levels

India falls out of favour, optimism returns for China: BofA survey

Bank of America survey finds India now least preferred Asian equity market as tariffs hit sentiment, while China gains on growth hopes and Japan retains top spot

Indian govt engaging with China on rare earth magnet issue: Official

India is engaging with Chinese authorities on the issue of restrictions on rare earth magnet exports, and domestic firms have received visas to visit China as part of efforts to ensure the supply chain remains unaffected, a senior official said on Thursday. The Chinese government in April imposed restrictions, mandating special export licences for seven rare earth elements and related magnets. "Efforts are on. In fact, when we last approached the Embassy of China , they had also issued visas to our companies, and they are in touch with Chinese authorities, and they are also finding means and ways by which the supply chain does not get impacted. So efforts are on in that direction," the official said. The automobile industry has sought government support in expediting approvals from the Chinese government for importing rare earth magnets used in various applications, including passenger cars. Critical materials include samarium, gadolinium, terbium, dysprosium, and lutetium, which a

China braces for heavy rains as Podul makes landfall in southern provinces

China braced Thursday for heavy rains as Tropical Storm Podul made landfall in several southern provinces and thousands of people were evacuated. Fujian, Guangdong and Guangxi provinces were the focus of the preparation efforts, but alarms were at a relatively low level given the storm's loss of strength as it passed over Taiwan on Wednesday. About 15,000 people had been evacuated from seaside areas in southern China as of Wednesday, according to the official Xinhua News Agency. Podul made landfall shortly after midnight on Thursday in Fujian classified as a tropical storm downgraded from a typhoon and it has also triggered alarms in inland Hunan province, which is home to several lakes and rivers that often overflow. In Guangdong's Chaozhou city, classes and some government functions were suspended, while court proceedings were suspended in Hong Kong after it raised its highest rainstorm warning. The Hong Kong Observatory said the storm was moving away from the partially autono

Starbucks struggles to find new identity amid fierce competition in China

The stake sale exercise is underscoring Starbucks' identity crisis in China as it tries to salvage a flagging legacy business amid fierce domestic competition