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...
Two Indian traders, veteran China hands, were recently hauled up in a Beijing court for non-payment of dues to their local suppliers in Yiwu, a major wholesale supplies city on China’s Eastern sea board. Deepak Raheja and Shyamsunder Agrawal, were taken to court...
A bearish market led by doubts over Indias growth prospects has led the finance ministry to take a rather bold step over the weekend. New Delhi announced that individual overseas investors can now put cash directly into Indian stocks. Qualified foreign investors, or...
Setting her house in order, Chinese securities regulator announced late on Friday that renminbi held offshore could be used to buy equities within China, a long-awaited reform that is critical to promoting more international use of the Chinese currency. A trial...
A month away from the year of the dragon, known for its temperament and wild swings, Inchin Closer takes a look at what 2012 will have in store for the global economy from a China-India perspective. While their sweet and sour relations continue to tantalize the world,...
India, China and the US finally unblocked the environment logjam which held the world hostage on climate change. The three nations, ranked as the largest emitters of greenhouse gases, pledged to join the pact that would take effect in 2020. Envoys from more than 190...
