INDIA CHINA Connect

India is set to become the world’s fourth-largest economy by 2025, but transformative reforms are essential for sustained growth.

India’s exports are projected to reach $1 trillion this fiscal year, a 21.2% increase from $824.9 billion last year, driven by trade diversification, strategic agreements, and production incentives like the PLI scheme.

India has become the world’s fourth-largest economy, surpassing Japan, with a GDP of USD 4 trillion, according to NITI Aayog CEO BVR Subrahmanyam.

China is launching the Su Hai No. 1, the world’s first salmon-farming vessel, in June. Built at a cost of 600 million yuan, the 250-meter ship will produce 8,000 tonnes of salmon annually, reducing reliance on imports.

The US House passed a bill imposing a 3.5% remittance tax on green card holders and non-immigrant visa categories like H1B, L1, and F1.

High-speed rail has overtaken flights as the preferred travel option between Beijing and Shanghai, with over 52 million train trips in 2024 compared to 8.6 million flights.

A report by the Global Trade Research Initiative (GTRI) challenges claims of a US trade deficit with India, revealing a $35–40 billion economic surplus when services and other sectors are included.

India's FDI landscape is witnessing a shift, with net FDI inflows plunging 96% in 2024-25, driven by rising repatriation ($51.5 billion) and surging outward FDI ($29 billion).

De Beers Group is significantly increasing its marketing investment in India, aiming to double the natural diamond market by 2030, driven by rising incomes, a growing middle class, and evolving consumer preferences.

A potential India–US trade agreement could transform economic challenges into opportunities by boosting exports and market access, as highlighted in India’s April 2025 Economic Review.

Chinese scientists have achieved error-free underwater acoustic data transmission over 600 kilometers, a significant milestone with wide-ranging civilian and military implications.

China has shifted from a net capital provider to the leading debt collector for developing nations, driven by Belt and Road Initiative (BRI) loans maturing from the 2010s.