INDIA CHINA Connect

India is fast-tracking Press Note 3 (PN3) approvals for Indo-Chinese joint ventures as relations with Beijing improve.

Japan’s car giants—Toyota, Suzuki, and Honda—are investing billions in India, shifting focus from an increasingly competitive China.

India’s GST cut on nearly 400 products fueled an 8.5% rise in festive spending from September 22 to October 21, totaling ₹6 trillion.

India is poised to become a $10 trillion economy by 2040, emerging as the world’s third largest, according to DBS Bank’s Radhika Rao.

India is set to remain a global growth leader with a projected 6.6% GDP rise in 2025–26, driven by strong domestic demand, manufacturing recovery, and service-sector expansion, according to the IMF.

This Diwali, credit card spending surged, with 42% of users spending over ₹50,000, driven by cashback, rewards, and offers.

The RBI's Payments Systems Report highlights UPI as India's leading retail payment system, accounting for 84.8% of transactions.

China's billionaire population has soared to a record 1,434 individuals, reflecting a 31% increase, fueled by stock market rallies and growth in sectors like technology, EVs, and biotech.

India’s export landscape is shifting from oil to electronics, driven by a 42% surge in electronics exports during the first half of FY26, reaching $22.2 billion.

India's outward remittances under the Liberalised Remittance Scheme (LRS) fell 17.7% YoY in August 2025, reaching $2.6 billion, mainly due to reduced spending on international travel and education amid US visa restrictions.

Diwali 2025 marked a record-breaking ₹6.05 trillion in sales, with significant growth driven by the "Vocal for Local" campaign, reduced GST rates, and high consumer confidence.

India is adopting a stronger, strategic approach to free trade agreements (FTAs), prioritizing national interests and avoiding imbalanced deals, said Commerce Minister Piyush Goyal.

The Jain community, led by the Jain International Trade Organisation (JITO), leveraged its collective buying power to secure ₹21 crore in discounts on 186 luxury cars from brands like BMW, Audi, and Mercedes.

The IMF raised India’s 2025-26 growth forecast to 6.6%, citing strong domestic performance offsetting U.S. tariff impacts.

India’s primary markets have had a remarkable year in 2025, securing the fourth-largest global tally in funds raised via initial public offerings (IPOs).

China's 15th five-year plan aims to address economic challenges as private sector struggles with sluggish demand, regulatory hurdles, and uneven competition with state-owned enterprises (SOEs). Generating 60% of GDP and 80% of urban jobs, private firms remain critical but hesitant to invest.

A sweeping GST reduction on 375 items drove record-breaking Navratri sales in India, marking the highest in over a decade.

India recorded its highest Foreign Direct Investment (FDI) inflows in over four years, with $11.11 billion in July 2025, driven by contributions from Singapore and key sectors like manufacturing and services. Net FDI rose to $5.05 billion, reflecting economic resilience amid global uncertainties. Recent credit rating upgrades by S&P and government reforms, including GST cuts, have bolstered investor confidence. This surge follows a challenging fiscal year but signals a promis

China is advancing the global adoption of its digital yuan (e-CNY) to challenge the US dollar's dominance in cross-border payments. The People's Bank of China (PBOC) launched an International Operations Centre in Shanghai, featuring platforms for efficient transactions, blockchain payments, and digital asset services. Amid trade tensions with the US and stablecoin developments, China is leveraging blockchain technology and international collaborations to expand the e-CNY's fo

India’s IPO market has rebounded impressively, doubling its fundraising to $20.5 billion between October 2024 and September 2025, despite broader market declines. Key drivers include domestic investor interest, high-value IPOs like HDB Financial Services and Hexaware, and sectoral diversity. Over 150 IPOs worth $36.1 billion are in the pipeline, spanning tech, NBFCs, and renewable energy. This momentum signals continued opportunities in the primary market amid secondary marke