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China

China’s July exports slump 8%, pressure for more stimulus

China's July exports slump 8%, pressure for more stimulus

Chinese exports tumbled 8.3 percent in July, their biggest drop in four months and far worse than expected, reinforcing expectations that Beijing will be forced to roll out more stimulus to support the world’s second-largest economy. Imports also fell heavily from a year earlier, in line with market forecasts but suggesting domestic demand might be […]

China July factory growth unexpectedly stalls: PMI survey

China July factory growth unexpectedly stalls: PMI survey

Growth at China’s big manufacturing companies unexpectedly stalled in July as demand at home and abroad weakened, an official survey showed on Saturday, reinforcing views that the economy needs more stimulus as it faces fresh risks from a stock market slump. The official Purchasing Managers’ Index (PMI) stood at 50.0 in July, compared to the […]

China, India raised global demand for metals and energy

Demand from China, and to a lesser extent India, significantly raised global demand for metals and energy especially coal and less so for food commodities, according to a World Bank report. In its latest quarterly Commodity Markets Outlook report, the World Bank said energy prices rose 12 percent in the quarter, with the surge in […]

Chinese Business

Understanding Chinese cultural business practices helps to prepare your company to handle all the intricacies and tactics that this part of the world brings. Such preparation will also get you the best deal possible both in the short and long term. All too often business owners and negotiators accustomed to Western business practices are caught […]

Airtel clinches $2.5 billion Chinese financing deals

Airtel clinches $2.5 billion Chinese financing deals - If and What

Shanghai: Bharti Airtel on Saturday said it has received financing commitments of up to $2.5 billion from China Development Bank and Industrial and Commercial Bank of China, with an average maturity of about nine years. The company signed the term sheets for the financing options in the presence of Prime Minister Narendra Modi, who is […]

Modi promises a business-friendly environment to China, says India is ready for business

Modi promises a business-friendly environment to China

Shanghai: Making a strong pitch for Chinese CEOs to invest in India and promising a business-friendly environment, Prime Minister Narendra Modi on Saturday listed out the steps taken by his government and invited them to participate in his ‘Make in India’ campaign. Addressing India-China Business forum in Shanghai, Modi said, “Now India is ready for […]

Modi addresses Indian diaspora, says no one would have made him PM by looking at his bio-data

Modi addresses Indian diaspora, says no one would have made him PM by looking at his bio-data

Shanghai: On the final leg of his three-day visit to China, Prime Minister Narendra Modi recalled his historic win in 2014 Lok Sabha election while addressing the Indian diaspora in Shanghai. Modi, who was mocked by his political opponents over his background, said, “No one would have made me prime minister by looking at my […]

Beijing rebukes US over South China Sea islands row

Beijing rebukes US over South China Sea islands row

Beijing: China’s foreign minister Wang Yi told top US diplomat John Kerry on Saturday that Beijing was “unshakeable” in its defence of sovereignty, as tensions between the powers mount over Chinese island-building in strategic but disputed waters. The United States is weighing sending warships and surveillance aircraft within 12 nautical miles — the normal territorial […]

India should improve domestic environment to attract FDI: Chinese media

India should improve domestic environment to attract FDI

Beijing: Prime Minister Narendra Modi’s “trips and promises” to attract foreign investment can yield desired results only when India improves its domestic environment for investors, Chinese media said in Monday. “Over the last 12 months, Modi has not only left his footprints in Washington, Tokyo, Ottawa, Berlin and Beijing, but also hosted heads of states […]

Business Networking in China

Thousands of foreigners from all parts of the globe are currently residing and doing business in China. Physically removed from their home business contacts, networking becomes doubly important for building new business relationships, as well as for enjoying social intercourse necessary for keeping one’s sanity while living in a new and different country. To fill […]

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