Page 2 - China Import

Coronavirus heat: Govt to rework supply chain as China shutdown intensifies

While the crisis situation has prompted the government to rework the supply chains, there's no clear road map yet on how the supply shortfall can be met in the near term at least

Consider banning Chinese power equipment imports, IEEMA urges Govt

The government should consider banning imports of equipment related to power generation and telecom from China, the Indian Electrical & Electronic Manufacturers' Association (IEEMA) said on Friday. "Government should look into this issue of increasing Chinese electrical equipment imports. We would like the Chinese equipment not to come in the powersector. It is detrimental to the interests of the country," Director General of IEEMA Sunil Misra told reporters here. Misra warned that the dependence on China for equipment belonging to this critical sector may lead to a "dangerous" situation for India as their servicing and spare parts are unlikely to be available in case there is a conflict of an economic standoff with China. He said that cheaper Chinese imports in the heavy industries segment, including electrical equipment, have led to under-utilisation of the domestic capacity in the capital goods sector. Electrical equipment imports from China continued to increase

Oil prices slide for second straight day as US-China tariff deadline looms

Data released on Sunday showed exports from China in November fell 1.1% from a year earlier, confounding expectations for a 1% rise in a Reuters poll.

Govt to tighten noose on Chinese e-commerce players evading duties

The move has led to a sharp fall in gift consignments through these ports

Two countries, one system

China struggles with its own regional 'special status' issue

China imports from US plunge 31% to $9.4 billion in June amid tariff war

China's trade surplus with the United States widened by 3 per cent to $29.9 billion, potentially giving its critics ammunition to demand Washington take a hard line with Beijing

China's imports of goods, services to exceed $40 trn in 15 yrs: Xi Jinping

Xi said measures announced in April to relax access to Chinese market have so far been implemented

China to import $8 trn of goods in next 5 years: Foreign minister

Wang said China would widen market access and open up its financial sector