India in touch with China about supply chain predictability
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India's benchmark indexes edged lower on Thursday, led by losses in IT stocks, as ambiguity over the U.S.-China trade deal and rising tensions in the Middle East dampened risk appetite. The Nifty 50 was down 0.
Willem Sels, Global CIO at HSBC Global Private Banking and Wealth says there is difference between economic exposure to tariffs and market exposure to tariffs. For China, India and Singapore, the market exposure to tariff are very limited.
The Chinese Ministry of Commerce (MOFCOM) on Thursday reiterated that China's export controls on rare earths are in line with international practice, and China is willing to further strengthen communication and dialogue on the issue with relevant countries.
Demand for palm oil from India and China is expected to increase in coming months as recent price corrections provide attractive entry points for the big buyers, an industry expert said on Tuesday.
Jaishankar said there was a parallel rise of the Indian and Chinese economies, but he acknowledged that China started reforms and modernisation much ahead of India
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China has added another country to its 10-day visa-free transit program, bringing the total to 55 eligible countries. Indian travellers remain excluded despite calls for similar policies.
Washington and its allies want to deepen ties with New Delhi, but first they must realize how much India depends on and shares with China, writes Chietigj Bajpaee.
Economist Jeffrey Sachs cautioned that the United States may attempt to undermine India as it grows more successful, similar to its strategies against Russia and China. In an interview with American political commentator Tucker Carlson,