Tag Archives: Trade

India & Myanmar Increase Trade and Investment Relations

India and Myanmar have formally committed to strengthen their bilateral trade relations, including bolstering their cross-border investment efforts. Other advances were also made in the IT and garment and textiles industries. Continue reading

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India-China Relations Strengthened Through Investment Agreements

May 22 – Chinese Premier Li Keqiang has recently met with Indian Prime Minister Manmohan Singh in New Delhi, the first trip abroad for Premier Li in an official capacity. The two world leaders discussed India-China relations, as well as penned several agreements designed to foster investment and trade between the two nations. “The purpose of my current visit to India is three-fold; to increase mutual trust, to intensify cooperation and to face the future,” said Premier Li. Indian officials welcomed Premier Li on his first trip oversees since taking office in March, acknowledging the importance of his visit. “We … Continue reading

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Can China Afford to Politicize its Trade Relations?

Op-Ed Commentary: Christoph Unrast Oct. 18 – Recent statistics suggest that China’s economy has not been negatively affected by the current spat with Japan over the disputed Senkaku/Diaoyu Islands. The trade surplus has grown from US$22.4 billion in August to US$26.67 billion in September, while inflation has been kept in-check and did not surpass the threshold of 2 percent, as reported by the Wall Street Journal. The biggest loser seems to be the Japanese automobile industry. Although Beijing denies any involvement in the customer boycott, anti-Japanese resentment in China has led to a drop in sales by nearly 50 percent, … Continue reading

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China’s Takeover Bid for Mongolian Coal-Producer Expected to Fail

It is expected that the state-owned Aluminium Corp of China Ltd, or Chalco, will drop its takeover bid for Mongolia’s coal-producer SouthGobi Resources Ltd due to fierce resistance from the Mongolian government. In the aftermath of Chalco’s $926 million bid for SouthGobi, the Mongolian government almost immediately raised roadblocks for the state-backed aluminium company. Continue reading

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