India must adopt a dual strategy on rare earth minerals, focusing both on domestic mineral sourcing and international cooperation for processing and production of metals to stem dependence on China, the world's largest supplier, NITI Aayog Member Arvind Virmani said on Thursday.
Chiou's comments came after Taiwan's Ministry of Finance announced that exports hit a record USD 51.74 billion in May, fueled by surging global demand for artificial intelligence (AI) products.
India and the United Kingdom FTA is seen as a part of a new global trade strategy that aims to reduce dependence on China, manage trade challenges from US tariffs, and help the UK reshape its economy after Brexit, according to a report by SBI Research.
Seoul [South Korea], May 22 (ANI): South Korea under the leadership of the newly elected President Yoon Suk-yeol is all set to diversify the country's imports, reduce its dependence on China and forge closer ties with a range of economies in the Indo-Pacific.
Berlin [Germany], February 5 (ANI): Pakistan Prime Minister Imran Khan's China visit -- first in the last two years -- points to Islamabad's financial dependence on Beijing, especially as the West continues to ignore Pakistan, according to a media report.
Mumbai (Maharashtra) [India], June 25 (ANI): India's trade deficit with China more than doubled from 20 billion dollars in FY10 to 48.6 billion dollars in FY20, implying massive surge in dependence on Chinese products, Motilal Oswal Financial Services said on Thursday.