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China to companies: Stop ordering Nvidia’s China-specific chips, they are …

China is tightening controls on chip imports at major ports, a report claims. This move will reportedly discourage the use of US products, specifically Nvidia’s AI processors, in the country. In recent weeks, Chinese customs officers have been mobilised to conduct stringent checks on semiconductor shipments nationwide, a report by The Financial Times, citing sources…

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Trump seeks fair play! US asks China to not fly over Russia; ‘gives Beijing airlines competitive edge over American carriers’

The Trump administration has made another attempt to ensure fairness for US workers, asking China to bar its airplanes from flying over Russia as it puts American airlines at a disadvantage.The US government on Thursday presented a proposal to stop Chinese airlines from flying over Russia on routes to and from the United States, arguing…

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China to India: ‘Promise’ that rare earth magnets supplied will not be re-exported to …

China has tightened its rare earth export controls, expanding restrictions on processing technology and spelling out its intention to limit exports to overseas defence and semiconductor users. From India, China is reportedly seeking guarantees that the heavy rare earth magnets supplied by it will not be re-exported to the US and will be used only…

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India’s rare earth boost: Govt approves Rs 7,300 crore scheme; aim to diversify away from China

The government has moved a step closer to boosting India’s self-reliance in rare earth magnets, with a key panel approving a Rs 7,300 crore scheme to support local manufacturing. These magnets are essential for electric vehicles, wind turbines and a range of consumer electronics.The expenditure finance committee (EFC), which functions under the finance ministry, cleared…

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Heavy rare earth monopoly: China seeks India guarantee that magnets won’t be re-exported to US; here’s why

China has sought assurances from India that heavy rare earth magnets they supply will be utilised exclusively for domestic requirements. (AI image) China will export rare earth magnets to India only if it assures that they will be used for domestic needs and will not find their way to the US. Indian companies have already…

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US imposes new restrictions on Chinese technology companies, angry China says: Would take …

The Trump Administration has intensified its crackdown on Chinese technology companies, expanding export restrictions to include subsidiaries of companies already on the US Department of Commerce’s entity list. The move, aimed at closing a significant loophole in existing sanctions, has sparked sharp criticism from Beijing as tensions in the US-China technology race continue to mount….

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NBA returns to China after six-year absence sparked by democracy social media post | NBA News

An NBA store in China. (File Photo By: Kevin Frayer/Getty Images) Macau: The NBA returns to the lucrative China market this week with two pre-season games following a six-year absence after a team official tweeted his support for pro-democracy protests in Hong Kong.The Brooklyn Nets and the Phoenix Suns will play sell-out games on Friday…

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Trump unites India, Russia, China: Moscow Format slams US’s Bagram plan; calls Afghan occupation ‘unacceptable’ | India News

Leaders at Moscow Format, Donald Trump (File photo) NEW DELHI: India, along with other nations, on Tuesday, opposed the deployment of foreign military infrastructure on Afghan soil, effectively rejecting United States president Donald Trump’s calls for handing over the Bagram airbase.The joint opposition came at the 7th Moscow Format Consultations on Afghanistan, which included India,…

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‘Mine baby mine’: Trump approves Alaska mining road to boost copper, zinc production; aims to counter China in AI race

US President Donald Trump on Monday approved plans to build a 211-mile road through remote parts of Alaska to open up access to valuable mineral deposits, including copper, cobalt and gold.The Ambler Road project, located north of Fairbanks, had first been cleared during Trump’s earlier term in office, however, the Biden administration later halted it,…

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India losing trade ground? China crucial for manufacturing exports, says Niti Ayog CEO; tariff cuts needed on key inputs

India’s trade position risks losing ground in global markets without increased exports to China and reduced import duties on raw materials, warned the head of a government policy think tank on MondayNITI Aayog CEO BVR. Subrahmanyam emphasised that strengthening trade relations with China is crucial for enhancing India’s manufacturing exports, particularly as Asia emerges as…

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