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India’s imports from China reach record high in 2022, trade deficit surges beyond $100 billion

India’s bilateral trade with China reached a record $135.98 billion in 2022, Chinese Customs data showed on January 13, 2023, driven by surging Indian imports of Chinese goods that were up by more than 21% last year… To read more: https://www.thehindu.com/news/international/indias-imports-from-china-reach-record-high-in-2022-trade-deficit-surges-beyond-100-billion/article66372861.ece SOURCE: THE HINDU

India to soon trade in rupee with UAE, Malaysia and Nigeria

US-China trade hits record high despite rising tensions

Trade between the US and China hit a record high last year even as their diplomatic relations deteriorated. Imports and exports between the two countries totalled $690.6bn (£572.6bn) in 2022, official figures show. Relations between the countries have hit new lows in recent days after a Chinese balloon travelled across the US. Beijing denies US claims it […]

Ukraine war, 1 year on: are China’s supply chains headed toward upheaval, or can it stem the tide?

US-China Trade Is Close to a Record, Defying Talk of Decoupling

Trade between the US and China is on track to break records, a signal of resilient links between the world’s top economies amid the heated national security rhetoric in Washington and fears of “decoupling”… To read more: https://www.bloomberg.com/news/articles/2023-01-17/us-china-trade-is-close-to-a-record-defying-talk-of-decoupling?leadSource=uverify%20wall SOURCE: BLOOMBERG

Ukraine war, 1 year on: are China’s supply chains headed toward upheaval, or can it stem the tide?

U.S. inflation: Will scrapping China tariffs be the cure?

President Joe Biden’s decision to review the legacy of U.S.-China trade war started by his predecessor is now under the spotlight for reasons other than still tense relations between Washington and Beijing: inflation at home. The inflation rate hit a 40-year high in May as consumer prices surged 8.6%, the Department of Labor said on Friday. From gas […]

Ukraine war, 1 year on: are China’s supply chains headed toward upheaval, or can it stem the tide?

India bullish on Oz trade pact despite new govt

As India keeps a watch on the appointment of a new Australian trade minister, it is upbeat on the trade pact going through despite a change of government Down Under. The India-Australia Economic Cooperation and Trade Agreement (ECTA) signed last month is to be ratified by Australian parliament before it comes into force Indian officials […]

India to soon trade in rupee with UAE, Malaysia and Nigeria

China’s trade with Belt and Road countries enjoys robust growth

China’s economic and trade ties with countries along the Belt and Road have strengthened significantly over the past decade, an official said Friday. “Despite the protracted COVID-19 pandemic and complicated international situation, the building of the Belt and Road Initiative continues to demonstrate strong resilience and vitality, injecting strong impetus into global openness and cooperation […]

Ukraine war, 1 year on: are China’s supply chains headed toward upheaval, or can it stem the tide?

China’s trade seen faltering in April as COVID curbs hit output

China’s export growth is expected to have slowed to a crawl in April as strict COVID-19 curbs hit production while imports likely extended declines, creating heavy headwinds for the world’s second-largest economy in the second quarter. The trade sector, which accounts for about a third of gross domestic product and employed 180 million people in […]

Ukraine war, 1 year on: are China’s supply chains headed toward upheaval, or can it stem the tide?

The numbers behind India and Australia’s $100-billion trade target

India and Australia signed an interim free trade agreement on April 2. The India-Australia Economic Cooperation and Trade Agreement “provides zero duty exports to 100% tariff lines from India to the Australian market, benefiting labour-intensive sectors besides providing greater access to services space through liberalised visa norms for students and professionals, including quota for Indian […]

Ukraine war, 1 year on: are China’s supply chains headed toward upheaval, or can it stem the tide?

India and Russia may keep ruble out of the proposed rupee-ruble trade

India and Russia may keep the ruble out of the proposed rupee-ruble trade, given the high volatility in the Russian currency after Western nations imposed sanctions on the country. Payments are likely to be settled in the rupee pegged to the dollar, and deposited in an Indian bank account. “The rupee-ruble trade may not be […]

India to soon trade in rupee with UAE, Malaysia and Nigeria

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