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Border clash prompts Indian industry to seek China alternatives

Indian corporations are racing to discover alternatives to Chinese imports after a lethal border clash prompted a well-liked backlash and raised the danger of official motion in opposition to items from its geopolitical rival. China has turn out to be an important provider… To read more: https://www.universalpersonality.com/border-clash-prompts-indian-industry-to-seek-china-alternatives/ SOURCE: News07trends (0)

China has long undermined India’s manufacturing and IT sectors

The year 2020 will go down in history as one where lives were changed by the Chinese-origin COVID-19 virus. This is also the year the world at large and India reset their relations with China because of its actions. For decades, China has grown and profited from the world, with little or no scrutiny. It has supported states with […]

China unlikely to meet U.S. trade targets

Economic fallout from the coronavirus pandemic has cast doubt on whether China can meet its targets to buy U.S. goods under this year’s trade deal — with energy emerging as the biggest casualty. China has made strides toward its agricultural and manufacturing targets, but it remains far behind — maybe hopelessly far…. To read more: […]

China’s services sector grows at fastest pace in over a decade in June: Caixin PMI

China’s services sector expanded at the fastest pace in over a decade in June as the easing of coronavirus-related lockdown measures revived consumer demand, a private survey showed on Friday, though companies continued to shed jobs. To read more: https://www.reuters.com/article/us-china-economy-pmi/chinas-services-sector-grows-at-fastest-pace-in-over-a-decade-in-june-caixin-pmi-idUSKBN24405F SOURCE: REUTERS (0)

Telekom’s Cloud Alpha Services to be powered by Huawei

Telekom Malaysia Berhad today signed a Memorandum of Agreement (“MoA”) with Huawei Malaysia, sealing a collaboration that will see further expansion of its Cloud services offered by its enterprise and public sector business arm, TM ONE. With this signing, TM Cloud α [Cloud Alpha] services is set to enable next-generation innovation for its customers. With […]

Off a cliff: India’s economy has more problems than the pandemic

According to the International Monetary Fund, India will be the large economy worst hit by the COVID-19 pandemic. The Fund now says that Indian GDP in the ongoing financial year, which began in March 2020, will contract by 4.5 per cent. Just a few weeks ago, it had been predicting 2 per cent growth for […]

China’s Answer to GPS Is Now Fully Complete

Technological independence and superiority have long been hallmarks of superpowers; China too, in its quest to be a dominant force in the world, has invested heavily in state-of-the-art communication and transmission systems. On June 23,… To read more: https://thediplomat.com/2020/06/chinas-answer-to-gps-is-now-fully-complete/ SOURCE: THE DIPLOMAT (1)

The world’s top liquor brand is now also mainland China’s biggest public company

The world’s most valuable liquor company has just claimed another first. Kweichow Moutai, the Chinese company known for making the popular national spirit, baijiu,is now thebiggest public company in mainland China… To read more: https://edition.cnn.com/2020/06/24/investing/kweichow-moutai-stock-intl-hnk/index.html SOURCE: CNN (2)

India suspends three China business deals as border tensions rise

Authorities in India are hitting pause on more than $600 million in deals with Chinese companies in the wake of a deadly border clash with China. Officials in the western Indian state of Maharashtra said Monday that they were reviewing agreements with three Chinese companies as they seek clarity from the Indian government on how or whether […]

VMware Fast Tracks Transformation of Partner Ecosystem across SEAK

VMware, a leading innovator in enterprise software, affirmed its pledge to strengthen the partner ecosystem across the Southeast Asia and Korea (SEAK) region following the successful launch of EMPOWER Online APJ, along a series of Partner Executive Briefings, which saw the participation of more than 1,200 attendees in VMware’s partner ecosystem in Asia Pacific and […]

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