Traders Body CAIT Calls For Boycott Of Chinese Products, 500% Duty Hike

Calling China a probable enemy, the Confederation Of All India Traders has given a call to boycott Chinese products and sought custom duties of up to 500% on these goods. This development comes after China supported Pakistan at the United Nations Security Council on the abrogation of Article 370 in India related to the special status for the erstwhile state of Jammu and Kashmir. The body said that China has placed itself on the probable enemies for security of the country list by supporting Pakistan’s claim. The call has been given to…

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Chinese tech firms lay lower at CES 2019 amid trade tensions

The CES 2019 gadget show, which kicks off on January 6, will showcase the expanding influence and sway of China’s rapidly growing technology sector. But some of its firms are stepping back from the spotlight amid rising US national-security concerns over Chinese tech and a trans-Pacific trade war launched by President Donald Trump. Last year, a top executive of the Chinese telecom firm Huawei delivered a CES keynote address critical of AT&T’s abrupt cancellation of plans to sell a Huawei phone following espionage concerns raised by the US government. This…

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