China’s share in India’s industrial goods imports jump to 30% from 21% in last 15 years: GTRI – Times of India
NEW DELHI: A recent report by the economic think tank Global Trade Research Initiative (GTRI) highlights India’s rising reliance on Chinese industrial products like telecom, machinery, and electronics. Over the past 15 years, Beijing’s share in New Delhi’s imports of…
How China’s Cheap Exports Boost Its Economy And Kill Ours
China is flooding the world with cheap goods (aka dumping) to reboot its economy, threatening the jobs and survival of competing industries in other countries. This week, President Joe Biden, speaking to a group of union workers in Pennsylvania, called for increasing the U.S….
Japan records a trade deficit for the third straight fiscal year despite recovering exports
TOKYO (AP) — Japan recorded a trade deficit for the third straight fiscal year as the costs of energy and other imports rose and the yen remained weak. The deficit was 5.89 trillion yen ($38 billion) for the fiscal year…