NEW DELHI (Reuters) – India said on Friday it would defer the imposition of a licensing requirement for imports of laptops, tablets and personal computers by three months – partially reversing the surprise decision it announced a day earlier. While India has not said the new requirement is aimed at China, more than… Continue reading India’s measures targeting Chinese products and investment
Tag: Chinese
In India, it’s advantage Musk’s Tesla as Chinese automakers face heat
China’s loss in India could be Elon Musk’s gain. Tesla has had a red-carpet welcome from India for its proposal to invest in the country, while its largest rival in electric vehicles, China’s BYD, has been stopped cold by increased scrutiny from New Delhi. The result could be an opening for Tesla… Continue reading In India, it’s advantage Musk’s Tesla as Chinese automakers face heat
Chinese carmaker BYD faces investigation for underpaying tax in India: Rpt
Chinese automaker BYD faces an ongoing Indian investigation over allegations that it paid too little tax on imported parts for cars it assembles and sells in the country, two sources with direct knowledge of the matter said. India’s Directorate of Revenue Intelligence (DRI) has alleged that China’s largest electric vehicle (EV) maker, whose… Continue reading Chinese carmaker BYD faces investigation for underpaying tax in India: Rpt
India may let Tesla’s Chinese vendors to make critical components in India
Tesla has expressed interest in bringing its own supply chain ecosystem to India. ET quoted a source as saying the government is not planning on giving tax incentives to any one company (File) The Centre is open to the possibility of allowing Tesla’s foreign vendors, including those based in China, to manufacture critical components… Continue reading India may let Tesla’s Chinese vendors to make critical components in India
Floods around Chinese capital kill at least 20, leave 27 missing: Report
Torrential rain in areas around China’s capital, Beijing, killed at least 20 people and left 27 missing, the government reported Tuesday, as flooding destroyed roads, uprooted trees and knocked out power. Thousands of people were evacuated to shelters in schools and other public buildings in suburban Beijing and in the nearby cities of… Continue reading Floods around Chinese capital kill at least 20, leave 27 missing: Report
‘Govt asks Tesla to copy Apple in pairing Chinese, Indian suppliers’
As Tesla examines building a plant in India, officials have asked the company to emulate Apple in finding local firms to partner with any Chinese suppliers involved, according to three government sources with direct knowledge of the matter. Tesla has been in talks with India for weeks about setting up a factory… Continue reading ‘Govt asks Tesla to copy Apple in pairing Chinese, Indian suppliers’