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    ‘Billionaires with wives of Chinese origin’: Jensen Huang’s scandalous life sparks viral social media lists. Who features?

    NVIDIA CEO Jensen Huang has come under fire following his confession of an extramarital affair with Kimberly Powell. This admission ignited discussions on social media about the patterns of billionaires forming relationships with women of Chinese descent. Renowned billionaires like Larry Ellison and Rupert Murdoch share similar stories. Moreover, tech moguls such as Mark Zuckerberg and Eduardo Saverin are also in partnerships with Chinese partners.

    DGTR begins anti-dumping probe against certain aluminium imports from China, others

    The Directorate General of Trade Remedies (DGTR) has launched an anti-dumping investigation into aluminium extrusion imports from China, Malaysia, Vietnam and Thailand following a complaint by the Aluminium Extrusion Manufacturers Association of India.

    China cleantech stocks surge on hopes of stronger US clean energy support

    Chinese cleantech stocks rallied on Thursday as Democrats' strong US midterm election performance fuelled hopes of stronger support for renewable energy. Investors expect potential policy shifts to benefit solar, battery and clean energy companies, although existing US tariffs and trade restrictions could limit Chinese exporters' access to the American market.

    India's market for solar module components is projected to exceed $7.8 billion by March 2028. This growth is primarily driven by increased domestic manufacturing capacity and rising demand. Planned expansions of production facilities are crucial for meeting anticipated requirements. Additionally, ensuring consistent quality and reliable supply chains will enhance competitiveness against imports. The study emphasizes the importance of clear standards and regulations for the solar components industry.

    Centre working on integrated tax framework for textile sector to ease duty burden on raw materials and machinery

    An integrated tax framework for India's textile sector is being developed to improve competitiveness in global markets. This framework will potentially encompass various duties affecting production stages from raw materials to finished products. The government's focus is on enhancing textile manufacturing, especially in technical textiles and traditional clusters. Industry representatives are advocating for duty exemptions on specific raw materials to support domestic manufacturing viability.

    India brings back duties on specified Chinese titanium dioxide imports

    India has reintroduced anti-dumping duties on titanium dioxide imports from China due to material injury caused to domestic producers. This action follows a recommendation from the Directorate General of Trade Remedies, which concluded that Chinese imports were sold at dumped prices. The duties will be effective for five years unless revoked or amended. This decision comes after the Calcutta High Court ordered a reconsideration of a previous duty case.

    • China faces fresh Indian duties on titanium dioxide imports: Anti-dumping levy of $460-$681 per tonne reimposed for five years

      India has reimposed anti-dumping duties of $460 to $681 per tonne on specified titanium dioxide imports from China for five years, following a fresh investigation into injury to domestic manufacturers. The Finance Ministry notified the levy on Saturday. The move could raise input costs for paint makers and other industries, potentially affecting prices, while certain pharmaceutical, cosmetic, food and textile applications remain excluded.

      China blue-chip index confirms bear market as AI stocks slump

      The CSI300 Index dropped 1.8% to close at 4,036.30, its lowest level since July 2025. It is now 20.2% below its most recent closing peak on June 22, crossing the 20% threshold that typically defines a bear market.

      China blue-chip index confirms bear market as AI stocks slump

      China's CSI300 Index fell by 1.8% to reach a 15-month low, confirming a bear market status. The Shanghai Composite Index similarly decreased by 1.5%, reflecting similar investor concerns. A significant selloff in tech shares contributed to the market decline, highlighting the impact of tepid stimulus expectations. In Hong Kong, the Hang Seng Index also fell by 3%, driven by tax liabilities affecting local companies.

      Europe’s last penicillin plant faces a bitter fight against China’s cheaper drugs

      The Sandoz penicillin plant in Kundl, Austria, is under threat from cheaper Chinese antibiotic production. European healthcare programs benefit from the lower prices, which could jeopardize self-sufficiency. China's share of the EU penicillins market has rapidly increased in recent years. European policymakers are becoming increasingly concerned about reliance on China for essential medicines. The current dynamics highlight the significant trade challenges facing European pharmaceutical manufacturers.

      Drill, baby, drill: China turns the screws, India looks for own tools

      China’s new export controls on tunnel boring machines (TBMs) have highlighted India’s reliance on overseas suppliers for specialised infrastructure equipment even as the government moves towards a $1.2 billion incentive scheme to expand domestic manufacturing. The proposed package aims to attract $1.8 billion in investment over seven years, but the bigger challenge will be building local capabilities in high-value components and machinery rather than simply replacing Chinese imports.

      Nepal flash floods explained: Why the country is facing repeated disasters and should India be worried?

      Nepal Flash Floods Reason: Nepal has witnessed another flash flood after a landslide blocked the Budhi Gandaki River in Gorkha district. Here's why repeated floods are hitting the Himalayan country, how climate change and unstable mountain slopes contribute to the risk, and why India needs to monitor downstream rivers.

      China says can avoid 'escalation' after EU trade talks

      China and the European Union held successful trade talks aimed at managing contentious disputes and avoiding escalation. Chinese Commerce Minister Wang Wentao and EU trade chief Maros Sefcovic discussed hybrid vehicle exports, which are controversial in Europe. Beijing agreed to moderate its hybrid vehicle exports significantly over the coming years to ease pressure on local automakers.

      Longest-lasting X-ray flash that took 6 billion years to reach Earth, may have be a result of neutron star merger; study suggests

      Astronomers have recorded an extraordinary X-ray flash known as EP250704a, stemming from the collision of two neutron stars that occurred over 6 billion years ago. Observed on July 4, 2025, this ten-minute X-ray emission hints at connections to magnetars, potentially unraveling secrets of the universe’s intense forces and neutron star mergers. Future studies may shed light on the frequency of such collisions producing magnetars.

      EU and China strike interim trade deal that could cut Chinese hybrid exports

      China and the European Union have agreed on a preliminary trade deal to address trade imbalances. This deal includes reduced tariffs on certain European goods and measures for reliable rare earth supply chains. The EU trade commissioner noted that this agreement could significantly decrease Chinese electric vehicle imports. Both sides aim to resolve the underlying factors contributing to China's substantial trade surplus with the EU.

      India, 14 others ink joint ministerial statement to curb structural excess capacity

      India has joined the US, EU, UK and 12 other economies in a joint statement to tackle structural excess capacity and production, despite facing a US trade probe over alleged overcapacity. The signatories will examine key sectors including EVs, batteries, chemicals, semiconductors and solar panels through dedicated sectoral platforms.

      Will EU press the ‘kill switch’ on China? Trade war looms over talks

      EU officials are raising alarms over the escalating trade deficits with China, exceeding one billion euros on a daily basis. The spike in Chinese hybrid-car exports underscores possible gaps in EU tariff policies. Although talks are underway, China shows little willingness to engage in voluntary export restrictions for select products. EU leaders are now considering a 'kill switch' mechanism.

      India steel ministry unlikely to seek new curbs on cheap imports, government source says

      India's steel ministry has decided against new measures to restrict cheap steel imports for now. The country is dealing with increased imports, primarily from China, which have surged significantly. Domestic steelmakers are facing challenges despite existing safeguard duties and high steel prices. Demand has been rising in the automobile and infrastructure sectors after the monsoon season. Yet, the rising imports remain a considerable risk to the margins of steel producers.

      India launches anti-dumping probes into five Chinese products after domestic industry complaints

      The Directorate General for Trade Remedies in India is probing complaints from domestic producers about six imported products from China. Accusations of dumping have led to demands for anti-dumping duties. Additionally, the agency is also assessing Insoluble Sulphur imports. This comes as the trade deficit with China intensifies, along with continued investigations focused on multiple products' import practices.

      EU, China to hold Beijing talks this week to avert trade war

      EU trade chief Maros Sefcovic is set to visit Beijing for crucial discussions regarding trade relations. As European leaders express concerns about unfair competition from Chinese industries, a potential trade war looms. The EU aims to reduce its significant trade deficit with China, which reached around 360 billion euros last year. Sefcovic seeks action on export surges from China and plans to enhance EU's trade defense measures.

      China launches anti-dumping probe into chemical compound p-nitrotoluene from the EU

      China has launched an anti-dumping investigation regarding p-nitrotoluene imports from the European Union due to trade tensions. This investigation follows a complaint from the domestic industry in China about pricing practices for this chemical compound. Preliminary evidence indicates that EU prices dropped significantly over the past few years, raising concerns among Chinese manufacturers. Trade officials from the European Union plan to visit Beijing shortly to discuss these issues further.

      China initiates anti-dumping investigation into p-nitrotoluene from EU

      China's Commerce Ministry has launched an anti-dumping investigation concerning p-nitrotoluene imports from the European Union. This decision follows a complaint from the domestic industry regarding significant price drops. Preliminary evidence indicates EU import prices fell nearly 60% cumulatively between 2022 and 2025. The investigation reflects increasing trade tensions between China and the European Union.

      Forced labour and import: Reading India’s latest foreign trade policy additions

      With this notification in place, India has tried to put a protective layer for the domestic industry from unfair foreign competition.

      Trade deal between India and US done & dusted: Piyush Goyal

      Commerce and Industry Minister Piyush Goyal announced that the US-India bilateral trade agreement is on the verge of completion, showcasing significant progress. He also emphasized positive developments in the India-EU trade negotiations, particularly regarding climate regulations, and mentioned advancements in talks with Canada, Mexico, and the Gulf Cooperation Council.

      Behind the Modi-Xi border thaw, India's dependence on Chinese imports, especially rare earths, keeps deepening

      India faces a significant trade deficit with China, importing substantially more goods than it exports. Chinese firms offer superior price and tech competitiveness, impacting Indian industries. India relies heavily on China for critical inputs like rare earths, affecting various sectors.

      India's met coke imports set for record despite anti-dumping levy

      India's met coke imports are set to reach a record high this year. Domestic shortages and strong pig iron demand fuel higher overseas purchases. This rise occurs despite an anti-dumping levy imposed in July. Pig iron producers import met coke to avoid duties on exports. met coke prices increased significantly due to rising coking coal costs.

      Trump says he would be OK with China building cars in US

      President Donald Trump has expressed his willingness to permit Chinese automakers to set up production plants in the United States, provided they hire American workers. He clarified that he opposes the idea of these companies manufacturing vehicles in Mexico. With Japan already having established manufacturing operations in the US and employing local labor, Trump's statement comes amid considerable pushback from US lawmakers and domestic car manufacturers.

      EU countries to seek import curbs on chemicals, plastics, sources say

      European governments plan to use trade safeguards against surging imports. France, Italy, and Germany will request broad import quotas soon. These measures target chemicals and plastics, especially from China. The European Union is toughening its trade stance amid industrial challenges. This shift reflects a new geopolitical climate and economic pressures.

      Indian steel prices set to rise further on coking coal costs, demand revival

      Indian steel prices are expected to increase in the coming weeks. Post-monsoon demand from infrastructure and automotive sectors will tighten the market. Higher coking coal costs are lifting production expenses for steel mills. Rising imports, particularly from China, may limit significant price hikes. This situation presents higher input costs for construction and auto companies.

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