NEW DELHI: The US-China trade war presents both challenges and opportunities for India, a report by govt think tank Niti Aayog said on Wednesday, calling for enhancing domestic manufacturing capabilities particularly in high tech industries. It, however, said India has seen limited success so far in capturing the China plus one strategy as countries, such…
China bans exports of gallium, germanium, antimony to US (Picture credit: Reuters) China on Tuesday imposed a ban on the export of critical minerals, including gallium, germanium, and antimony, to the United States in retaliation against Washington’s crackdown on Beijing’s semiconductor industry. The move, announced by China’s ministry of commerce, is the latest in the…
JPMorgan Chase & Co abandoned its buy recommendation for Chinese stocks, citing heightened volatility around the upcoming US elections in addition to growth headwinds and tepid policy support. China was downgraded to neutral from overweight in the bank’s emerging markets allocation, strategists led by Pedro Martins wrote in a note Wednesday. The potential for another…
