According to the International Energy Agency, nuclear power production will grow by 46 percent by 2040 — and more than 90 percent of the net increase will come from India and China which are among the top consumers of energy in the world. Agneta Rising, the director general of the...
IMF: India's Economy to Grow Faster than China's
In its World Economic Outlook report the International Monetary Fund said that India should grow at 7.3 percent in 2018-2019, up from 6.7 percent last year but lower than its earlier projection of 7.4 percent in April this year. The projection was revised down due to the increase in global...
U.S. Almond Farmers Face Drop in Demand
The U.S. dominates the global almond market, accounting for just under 80 percent of production and 70 percent of the export market. However, after U.S. almonds were targeted by leading importers China and Turkey as retaliation against Washington’s steel and aluminum import duties, the price of almonds fell 14 percent...
IPC Concerned on U.S.'s Third Round of Tariffs on China
Dr. John W. Mitchell, president and CEO of IPC, the association connecting the electronics industry, expressed his concerns on the decision of the U.S. government to impose the third round tariffs on about $200 billion worth of Chinese imports. "The United States has longstanding concerns about China’s technology transfer policies....
Global Companies to Grow in India's Semiconductor Market
The Indian Electronics and Semiconductors Association projects 10.1 percent growth in sales of semiconductors in India between 2018 and 2025. The main opportunities for growth in India are the fields of industrial automation, defense, and rural broadband. India has vast talent pools in both hardware and software semiconductor design engineers...
In China, Tariff Woes Result in a Shift in Manufacturing
China's era as the low-cost manufacturing center of the world is under some pressure. Over the years, profits began to reduce due to rising costs, tighter regulations, and Chinese government policies. Manufacturers have been experiencing the squeeze as China shifts its priorities from lower-end manufacturing to high technology industries as...