China, India and Trump
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Anger in India over new trade deal with US
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A Chinese science and technology vice minister will attend India's AI summit this month, a consultant told CNBC, citing government contacts.
The nation is electrifying faster and using less fossil fuel per capita than China did when it was at similar levels of economic development, according to a report from the think tank Ember. It’s a sign that clean electricity could be the most direct way to boost growth for other developing economies too.
With US tariffs now lower than those applied to China, Pakistan, Bangladesh and Vietnam, India enjoys a rare alignment of cost competitiveness, market access and strategic trust.
India is looking to remove taxes on import of equipment for processing critical minerals and spur manufacturing of rare earth magnets locally, a move aimed at minimizing dependence on China.
China's Ambassador to India, Xu Feihong, "renewed momentum" in India-China relations by blending cultural reflections with concrete economic milestones and diplomatic signals of a reset between the two Asian neighbours.
Gandhi was referring to excerpts of the former chief’s yet-to-be-released autobiography Four Stars of Destiny, published in The Caravan magazine.
The 50 per cent US levy included a 25 per cent reciprocal tariff and an additional 25 per cent import duty imposed over India's purchase of Russian crude oil. With the new deal, Washington has removed the extra penalty and lowered the overall rate.
Xu said China supports India's BRICS presidency, stands ready to strengthen multilateral coordination with New Delhi and is committed to work together to advance the development of the Global South
Chinese Ambassador to India Xu Feihong hailed record $155.6 billion India-China trade in 2025, up over 12%, as ties hit a 'new level' post Modi-Xi Tianjin meet in 2025, while also praising India's BRICS chair role.
India is in talks with China-related Ant International to allow digital payments platform Alipay+ to be linked to India's leading instant payments system