Global stock markets, including major Indian indices like Sensex and Nifty, experienced a significant rally, with Sensex jumping nearly 1900 points, driven by investor optimism and hopes for a swift resolution to the Middle East conflict following comments from Trump about leaving Iran soon.
Rising tensions in the Middle East following attacks on Iran are having an impact on the trade corridors and investment plans of Chinese exporters and investors, who had seen Iran and the broader region as crucial growth markets.
Joint strikes on Iran by the United States and Israel since Saturday have left shipments stalled, payments delayed and clients unreachable, Chinese businesspeople said. For many of them, the disruption has been direct and immediate.
David Xie, an executive at a...
China called on the US to scrap tariffs after President Donald Trump imposed new levies to replace those struck down by the US Supreme Court.
“China urges the United States to cancel its unilateral ta