As exports rebound and global trade picks up, countries have begun to protect their still fragile domestic economies by upping non-tariff trade barriers. Unsatisfied with their weaker positioning in the balance of trade with China, the US on Wednesday announced an...
After keeping mum on its stance on the yuan revaluation, on Tuesday, India said that it would favor a stronger chinese currency which would ease balance of trade deficits. Exports from China to India have grown faster than Indian shipments to its northern neighbor...
About to commence in 10 days, the Shanghai Expo 2010 is not a trade fair. Businessmen should not expect to visit the Expo to display their products, meet potential buyers or sellers or pass around cards to network. Further, attending the expo without setting up prior...
Transporting goods across Indian state lines will now be much easier with a unified national permit effective from May 1, 2010. In creating a seamless pan-India market, the new permit aims to give a further impetus to the goods and services tax or GST which will be...
Cotton is the new iron ore. Just as a spurt in the domestic demand of iron ore jolted Indian tax authorities to up duties on iron ore exports to China, similarly following rising domestic prices, duties have been imposed on cotton exports to the middle kingdom. With...
The largest concrete machinery manufacturer in the world, China based Sany group inaugurated their first manufacturing facility at Pune, India. This is the group’s first manufacturing facility outside China, in the Asia-Pacific region. Built with an investment...
