China is running out of options to hit back at the United States without hurting its own interests, as Washington intensifies pressure on Beijing to correct trade imbalances in a challenge to China's state-led economic model. China said this week it would impose higher tariffs on most US imports on a revised $60 billion target list.
'May need more currency as GDP size increasing'Following demonetisation in November 2016, when the government junked high value currency notes of denominations 500 and 1,000, there was a shrinkage … Read MoreIvanka Trump to help US choose candidate for World BankAccording to reports, Ivanka Trump and Washington's former UN ambassador Nikki Haley were among possible US candidates to replace Jim Yong Kim. Throug… Read MoreFinance secretary Ajay Narayan Jha gets one-month extension
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via IFTTT… Read More'E-comm curbs could hit sales by $46bn by 2022'Under the changes, e-commerce firms in India will from February 1 not be able to sell products via companies in which they have an equity interest or … Read MoreOYO aims at 1 million rooms to become world's 'largest' hotel chain
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