The reported easing of restrictions on Chinese firms participating in Indian government contracts is expected to have a limited impact on domestic power equipment manufacturers, according to a sector update by Systematix Research.
"The Modi government is now proposing to lift five-year-old curbs on Chinese companies bidding for Indian government contracts. This is nothing short of a calibrated capitulation to Chinese aggression, born out of the Prime Minister's own weakness," Ramesh posted on X.
Chinese tech giants could gain renewed access to Indian consumers, as signs of an improvement in India-China relations have been observed by global financial services firm Bernstein.
Chairman Moolenaar of the House Select Committee on China, along with Chairman Rick Scott of the Senate Committee on Aging, has addressed a letter to SEC Chairman Paul Atkins, requesting that the Commission initiate the delisting of Chinese firms that pose significant risks to national secur
Chairman Moolenaar of the House Select Committee on China, along with Chairman Rick Scott of the Senate Committee on Aging, sent a letter to Securities and Exchange Commission (SEC) Chairman Paul Atkins encouraging the Commission to initiate the delisting of Chinese companies that present si
US lawmakers have urged Treasury Secretary Janet Yellen to investigate six Chinese companies accused of helping Iran bypass sanctions. They say these firms pose national security risks by supporting Iran's military and energy sectors, indirectly funding hostile actions through billions in US
BASF announced it has finalised the sale of its stakes in Markor Chemical Manufacturing and Markor Meiou Chemical to the Singaporean firm Verde Chemical. As reported by France 24, the German company did not disclose any financial specifics regarding the transaction, which was concluded on Mo
Chinese Ambassador to India Xu Feihong highlights the crucial stage of China-India relations, emphasising the importance of cooperation and mutual development during the 75th anniversary of diplomatic ties.
The report cites four key reasons for restricted competition: a stringent electric vehicle (EV) policy, challenges in securing investment approvals for Chinese firms, a small EV market with just two per cent penetration, and the long product localisation cycle of two-four years for global
Labas stated that initially it was believed that Taiwanese company Taiwan Rung Cherng Suspenparts (TRC) altered and manufactured servomechanisms for Russia's destructive glide bombs, based on a transaction document linking TRC to a Russian company.
In a move to curb China's technological advancements, the Biden administration announced a new set of export controls on Monday, restricting the sale of crucial semiconductor-manufacturing equipment and high-bandwidth computer memory to the country.
This brings the total number of entities on the list to 107, as part of the US government's efforts to combat forced labour in global supply chains, particularly in the Xinjiang Uyghur Autonomous Region (XUAR) of China