India China News

An influx of Chinese goods is making even governments friendly to Beijing raise trade barriers. Beijing’s subsidies for manufacturing to keep its economy growing mean overseas markets must contend with the overflow beyond its borders.

The trajectories of India’s neighbours are driven more by their own agency than their adjacency to India. Think of Bangladesh. In general, India should continue to invest in its neighbours’ future even if the outcome of that investment is not in New Delhi’s hands.

China’s growing support for autonomous driving is giving robotaxi pioneers a leg up in some of the country’s biggest cities. Soon, these Chinese firms could be global leaders in a market potentially worth more than $100 billion.

Arvind Virmani has said every country in the world is talking about de-risking and decoupling but it is de-monopolisation that is required as monopolies are not good for the consumer.

A US Congressional delegation met the Dalai Lama and members of the Tibetan government-in-exile, while India has recalibrated its stance. Beijing has itself to blame for the firmer stance adopted by Washington and New Delhi on this issue.

Trade between the Asian giants has grown robustly in the past five years from around $80 billion.

However, Indian makers of printed circuit boards, who believe an anti-dumping duty is necessary to promote domestic manufacturing, have a strong counter-argument: The auto industry hasn’t given them firm commitments, preventing them from investing towards building capacities.

With the EU and US planning import duty hikes on Chinese electric vehicles, India is preparing to prevent the EVs and their batteries from flooding the domestic market and hurting Indian companies and industry

The Department of Telecommunications is evaluating steps to reduce Chinese gear in networks