The Taj Group of Hotels, owned by the Tata Group one of India’s largest businesses, has inked a Joint Venture with Yunnan Tourism Co. Ltd. engaging themselves in the development, construction, operation and management of two hotels in Kunming Expo Garden,...
Midea, one of China’s largest home appliance makers and best known brands is forging inroads into the large Indian consumer market. The consumer durable maker has joint hands with Carrier Corp. to forge a joint venture with a combined investment of US$33 million to...
After India warned China against fake ‘Made in India’ drugs being sold in Africa and other less developed nations, New Delhi has taken to inspecting drug manufacturing firms and manufacturers of sub standard diagnostic kits. China is a key supplier of bulk...
India, China’s largest exporter of iron ore, raised the export duty of the raw material to 30 percent from 20 percent, a rise of almost 50 percent in order to protect the domestic industry. The move is expected to slash exports to China, which is the main...
China aims to boost domestic consumption in order to fight the bitter pill of slowing trade and economy. In a policy paper released today, the Ministry of Commerce said new measures will be introduced to boost consumption, especially for vehicles and electrical...