The deal was expected and is a natural extension of the growth trajectory of the sino-Indian automotive industry, Beiqi Foton Motor, China’s largest commercial vehicle (CV) maker who recently committed the largest Chinese investment in India (US$ 380 million (Rs...
At a time when Indian power equipment behemoth Bharat Heavy Electricals Ltd. (BHEL) is loosing ground on its own turf to Chinese equipment makers, Bangalore based Indo-Chinese 65:35 joint venture ALTA-XinTong Solar Tech Pvt Ltd is in the process of finalising a deal...
India’s trade deficit with China yawned even wider during the first four months of 2011, to a higher than expected US$11.4 billion in April as Chinese exports increased. India’s trade deficit with China has grown 13 times between 2004-05 and 2009-10,...
Analysts have long used the scattered number of direct flights a week between India and China to lament the business potential that exists between the two mega emerging nations. So, in response to the +US$60 billion bilateral trade target being met ahead of schedule...
China’s Facebook, Renren.com listed on the New York Stock Exchange on Wednesday under the ticker symbol RENN, becoming the first social networking website and largest Chinese technology group this year, to list on the exchange. Shares of Renren surged 29 percent...
Concluding the first large scale Sino-Indian collaboration in renewable energy, India based utility-scale solar company SunBorne Energy signed a deal to buy 100 megawatts of solar panels from China’s Suntech Power for projects across India. SunBorne Energy is...
