Page 12 - India China Trade

58% Indians cut 'Make in China' purchases across products in 2022: Survey

About 58 per cent of Indians have reduced their 'Make in China' purchases due to the geo-political situation while 26 per cent said they found Indian alternatives to be better in price and quality

After Tawang clash, Arvind Kejriwal asks govt to stop trade with China

Days after clashes between Indian and Chinese troops on the Line of Actual Control (LAC), Delhi Chief Minister Arvind Kejriwal on Wednesday asked why doesn't India stop its trade with China. He took to Twitter to pose this question in Hindi. "Why don't we stop our trade with China? Most of the commodities imported from China are manufactured in India. That way, China will get a lesson, and jobs will come up in India," Kejriwal wrote on the micro-blogging site. On Tuesday, Defence Minister Rajnath Singh told Parliament that the Indian Army thwarted an attempt by China's People's Liberation Army (PLA) to "unilaterally" change the status quo at Yangtse area in Tawang in Arunachal Pradesh on December 9.

India-China trade rises 34% in FY22 thwarting Centre's self-reliance goals

otal merchandise trade between India and China rose 34% to $115.83 billion in the 12 months to March 2022

World's play store: India scripts a local toy story, turns a net exporter

India is likely to extend the production-linked incentive (PLI) scheme to domestic toy manufacturers after Chinese toys were found to be "unsafe"

India, China trade deficit at $51.5 bn during April-October this fiscal

The trade deficit, difference between import and exports, between India and China has touched USD 51.5 billion during April-October this fiscal, Parliament was informed on Friday. The deficit during 2021-22 had jumped to USD 73.31 billion as compared to 44.03 billion in 2020-21, according to the data provided by commerce and industry minister Piyush Goyal in a written reply to the Rajya Sabha. According to the data, imports during April-October this fiscal stood at USD 60.27 billion, while exports aggregated at USD 8.77 billion. He said that the merchandise exports from India to China have increased from USD 11.93 billion in 2014-15 to USD 21.26 billion in 2021-22, showing an increase of 78.2 per cent over the last six years. Imports from China, on the other hand, have increased from USD 60.41 billion in 2014-15 to USD 94.57 billion in 2021-22. "The trade deficit with China in 2004-05 was USD 1.48 billion, which increased to USD 36.21 billion in 2013-14, an increase of 2,346 per c

Tesla to suspend output at its China factory partly due to slowing demand

Consumer demand for cars in China has been dented by the country's still strict approach to Covid

Lockdown, protests in China may impact key sectors in India: Report

In October, India's engineering exports to China fell 64 per cent and there has been a fall in demand for cut and polished diamonds as well as gold

Tax-authorities tighten noose around under-invoicing of Chinese imports

Tax authorities suspect a tax evasion of more than Rs 16,000 crore through under-invoicing by businesses from April 2019 to December 2020

TMS Ep297: Elon Musk & Twitter, India's China trade data, markets, FTA

Is Elon Musk rewriting the HR rulebook at Twitter? How reliable is India's China trade data? Will the markets consolidate in this holiday-truncated week? What is a free trade agreement? Answers here

How reliable is India's China trade data?

The mystery of missing $12 bn from India-China trade is fascinating. China said, its trade with India touched $103 bn in the first nine months of 2022. But India says that it is $91 bn. Who is right?

Trade data from China, India shows gaping hole of $12 billion: Report

India-China trade: Under-invoicing of shipments by Indian importers is believed to be the main reason behind the gap in figures

Vietnam giving India a run for its money in the China Plus-One game

The smaller nation is scoring high in attracting global corporations and their suppliers

China's services activity drops as Covid-19 lockdowns curb spending

The data is further evidence of the toll China's Covid Zero strategy is taking on consumer spending and the economy.

Dip in demand from China, Italy may have hit India's merchandise exports

India's merchandise exports contracted 3.5% to $33.6 bn in September

CEPA: When it comes to trade with Bangladesh, India is far behind China

China accounted for 10.2 per cent of FDI investments in Bangladesh between 2014 and 2021, India's share was 3.9 per cent

Stuck payment, discount: China puts Indian hair exporters in tough position

Chinese buyers, who account for 80 per cent of Indian hair exports, are asking exporters to ship hair at a discount of 40 per cent

Indian exports to China dip by a third in April-August to $6.8 billion

China became India's fourth largest export destination during the period, slipping from the second position during the same period a year ago

India aims to copy China, but unbridled digital lending off policy agenda

The Reserve Bank of India's recently released guidelines for app-based loans show a clear desire to rein in the industry after its pandemic-era excesses

Commerce ministry recommends anti-dumping duty on Chinese cutting tool

The directorate in its findings has concluded the item is being imported from China into India in significant quantities in both absolute and relative terms

China seals off iPhone maker, CNOOC in Shenzhen to battle Covid-19

The lockdown comes as China narrowly escaped an economic contraction in the June quarter, when a series of rolling lockdowns shut businesses nationwide, eroded employment and hurt consumer spending