India will make a significant strides in the global trade over the next five years, contributing about 6 per cent in the world's trade growth, just behind China at 12 per cent and the United States at 10 per cent, a joint report by DHL and the New York University Stern School of Business.
Fuel inflation in the country is expected to ease further in the coming months because of weak demand in the US and China, according to a report by the Bank of Baroda.
India will be relatively insulated from the global economic shocks expected from a potential trade war between the United States and China in 2025, according to a report by Goldman Sachs.
The trade war between US and China under Trump 2.0 may subside if China agrees to shift some of its manufacturing units to the US says a recent report by Jefferies.
After Donald Trump's decisive victory in the US presidential election, Chinese internet users expressed anticipation of heightened trade tensions between the US and China.
"The size of our automobile industry is 22 lakh crores. and size of the China's automobile industry is 44 lakh crores and US is 78 lakh crores. Now, our aim is to make India's automobile industry within 10 years number one in the world." said Gadkari.
DJI, the world's largest drone maker, filed a lawsuit against the US Defence Department after being labelled as a Chinese military company. DJI claims the designation is inaccurate, causing significant financial harm. The company argues it is neither owned nor controlled by the Chinese milit
Amid deepening regional tensions between the US and China, US Secretary of State Antony Blinken and China's top diplomat Wang Yi met in Laos on Saturday, and held talks, according to CNN.
The 2024 Technology Pioneers cohort has the most representation from the largest entrepreneurship ecosystems in the world, the US and China, followed by India, which has more start-ups than ever before in this year's cohort.
In the meeting held via videoconference on Tuesday, Austin stressed the importance of keeping military-to-military communication lines between the US and China open, it said.
US airlines are asking the Biden administration to stop approving any more flights between the US and China because their "existing harmful anti-competitive policies" hurt American airlines and workers.
Taiwan is all set to elect its next president, vice president and legislative representative on January 13, Al Jazeera reported, adding that the elections will be closely watched by the US and China amid geopolitical tensions in the region.