ManufacturingHub

China's Trade Surplus Soars Towards a Record $1 Trillion, Sparking Global Concern

1 month ago

China is poised to reach a staggering trade surplus of nearly $1 trillion, a figure that has ignited tensions with various nations grappling with the impacts of its booming exports. This substantial trade imbalance reflects China's stronghold in the global market and raises questions about the sustainability of its economic model in an increasingly interconnected world.

India Strengthens Defense Manufacturing Through New Airbus Facility in Gujarat

2 months ago

In a significant move aimed at bolstering its defense production capabilities, India has entered into a partnership with Airbus to establish a state-of-the-art aircraft manufacturing plant in Gujarat. This announcement reflects India's strategic objective to augment its domestic defense manufacturing sector amidst growing security concerns and the need for self-reliance in military technology.