The Latest Breaking News on China

India-UK FTA from July 15: What changes for autos, whisky, exports and consumers

The India-UK Comprehensive Economic and Trade Agreement takes effect on July 15, 2026. This pact grants nearly 99% duty-free access for Indian exports to the United Kingdom. Labour-intensive sectors like textiles and footwear will see significant export gains. India will also reduce tariffs on several British products, including alcoholic beverages.…

The Economic Times · Jul 14

China's June oil imports hit near 10-year low amid Iran war

China's crude oil imports significantly dropped in June to a ten-year low. This decline occurred as refinery operations reached their lowest point in a decade. Domestic demand weakened, and refined product exports faced curbs to ensure energy security. Natural gas imports saw a slight year-on-year increase in June. However, overall…

The Economic Times · Jul 14

India will prioritise rule-based maritime order, including safety of seafarers, at UNSC: Jaishankar

India launched its campaign for a UN Security Council seat for 2028-29. The nation will focus on maritime security and countering terror financing. India also champions a voice for the Global South and reformed multilateralism. Future-ready peacekeeping and addressing AI threats are key priorities. These efforts aim to secure global…

The Economic Times · Jul 14

China’s graduate glut: millions enter a job market with little use for them

Record numbers find there is little demand for their skills, as entry-level tech roles are hit by AI and automation

The Guardian - UK · Jul 13

India's June trade deficit jumps 59% YoY to $30.43 bn

India's merchandise trade deficit widened to $30.43 billion in June from $28.21 billion in May, even as goods exports rose 15.5% year-on-year to $40.41 billion. In the April-June quarter, overall goods exports increased about 15%, supported by higher petroleum shipments and a recovery in exports to Gulf countries.

The Economic Times · Jul 13

Man arrested after parachuting off rooftop of residential building in China

Man claiming to be skydiver glided dangerously close to apartment balconies

The Independent UK · Jul 13

China lodges protest as Japan joins 13 nations backing South China Sea ruling

China lodged a formal protest after Japan reaffirmed a 2016 ruling. Fourteen countries, including Japan, supported the tribunal's decision on maritime claims. Beijing accused Japan of interfering and undermining regional stability. China maintains its sovereignty over the South China Sea waters. The ruling rejected China's expansive claims under the nine-dash…

The Economic Times · Jul 13

China summons Japan envoy over South China Sea row

China asserts its control over the South China Sea waters. Thirteen nations and Japan reaffirmed a 2016 ruling against China's claims. Beijing summoned Japan's envoy, accusing Tokyo of regional instability. The ruling declared China's expansive claims legally baseless under international law. Nations urged peaceful dispute resolution and adherence to international…

The Economic Times · Jul 13

China cries foul after 14 nations, including Japan, reject Beijing's South China Sea claims

Accusing Japan of interfering in regional affairs and undermining peace and stability, China insisted that its sovereignty over the disputed waters has "never changed" despite the 2016 tribunal ruling. The diplomatic row erupted after Japan, along with the United States, Australia, the United Kingdom, the Philippines and nine other countries,…

The Times of India · Jul 13

An emboldened India holds out for better terms in US trade talks

India rejected a swift trade agreement with the United States, seeking more favorable terms. New Delhi's confidence stems from new trading partners and eased economic risks. India's government official stated they will not rush into an unfavorable deal. Rising exports and diversification initiatives have strengthened India's negotiating position. India is…

The Economic Times · Jul 13