Global markets
Modi-Xi Push Stronger India-China Business Ties as Economic Thaw Deepens
This Insights piece delves into the deepening economic ties between India and China following the recent Modi-Xi meeting. The focus is on strengthening business links, addressing the significant India-China trade deficit, which touched $112.1 billion in FY26, and improving market access for Indian businesses. Discussions also covered supply-chain issues and potential new investment opportunities for both nations. As the economic thaw continues, both leaders expressed a commitment to greater mobility and robust business collaborations, signalling a positive shift for bilateral trade and investment. This development is crucial for understanding the evolving landscape of international finance and the Indian economy's global integration.
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Xi Jinping to Visit US for Trump Summit on Trade, AI and Tariffs
- Xi Jinping will visit the US from September 23-25 for summit talks with President Trump
- Trade, tariffs, AI and critical minerals are expected to dominate the summit agenda
- Both sides are discussing reciprocal tariff cuts covering $30 billion of products each