Chinese Firms

Need anti-dumping duties on Chinese excavators, cranes: ACE's Sorab Agarwal

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

Steel prices may stabilise in Q4FY26 as demand rises despite imports

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, SOTC Travel expand China holiday portfolio for Indians

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 ...

China's solar self-discipline drives turnaround for top silicon producers

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

BYD's SkyRail struggles as stations rust, a rare setback for EV giant

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

Chinese firms' low profit margins face new risks from Trump tariffs

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 probes Waaree Energies over alleged duty evasion on Chinese solar cells

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 consumer price wars hit Botox and skincare, driving costs down

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 stockpiling so much oil raises questions despite surge in EVs

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

China's Marshall plan is to go green with solar, EV battery investments

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 phases out Chinese equipment from 2-nm plants amid US policy risks

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

Evergrande delisting over $45 billion debt deepens China property crisis

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

NITI Aayog recommends easing investment rules for Chinese companies

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

Starbucks' top China rival Luckin Coffee opens first US stores in NYC

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's new capital city to be built, operated by Chinese construction firm

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

Chinese luxury carmaker Seres overtakes BMW in high-end EV market shake-up

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

China's Ant Group sells $246 million worth of Paytm shares in block trade

Ant Group, a subsidiary of Alibaba Group, has been gradually reducing its stake in Paytm

Chinese firms turn to Indian exporters to help fill orders amid US tariffs

At the Canton Fair that runs through May 5 in Guangzhou - the world's biggest trade fair - several Indian firms were approached by Chinese companies to supply goods to their US customers

US crackdown on Chinese goods open export window for Indian e-sellers: GTRI

As far as reforms are concerned, the report said that India's current trade system is still geared towards large, traditional exporters and not small online sellers

Whispers of change in China as some companies tell staff to work less

In another sign of how the zeitgeist for China Inc is slowly changing, a Beijing law firm was fined in March for not taking corrective measures after it illegally extended staff working hours