French supermarket giant Carrefour, the world’s second largest retailer will soon open their first wholesale store in India, without a local partner. Permission to start Carrefours’ first store, comes after eight years of lobbying with New Delhi to permit...
As increased investments flow into China, the State Administration of Industry and Commerce (SAIC) issued a notice to channel foreign funds more efficiency. While the entire notice can be viewed here, below are the highlights the notice covers – The SAIC notice...
Top officials from China’s Huawei Technologies and ZTE will meet with Indian Home Ministry officials in New Delhi today and tomorrow to allay fears of Chinese security threats to India’s telecommunication networks and to pledge investing in a manufacturing...
As the year of the Tiger approaches, this Sunday, Xiaojie Wang, a young Chinese, western educated, woman from Nanjing, China’s ancient southern capital describes how she and her family celebrate Chinese New Year. Below is her first person account on how while...
In a major amendment to expedite Foreign Direct Investment into the country and give the Foreign Investment Promotion Board (FIPB) more teeth to efficiently clear FDI, the Indian government has decided to allow projects upto Rs. 12 billion to be cleared solely by...
