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China digs 134 km Pinglu canal to slash shipping distances and rewrite trade routes

China digs 134 km Pinglu canal to slash shipping distances and rewrite trade routes

China is building the 134 km Pinglu Canal in Guangxi, linking inland waterways directly to the Beibu Gulf. The project is designed to cut shipping distance by 561 km, reducing logistics costs by billions while tightening China’s control over trade flows. By creating a faster corridor for cargo ships, Beijing is actively redrawing the map of regional shipping geography.

Summarised by Beize from a story on The Economic Times on 7 May 2026
SEMI warns Southeast Asia lags on semiconductors as new fabs cluster in China and Taiwan

SEMI warns Southeast Asia lags on semiconductors as new fabs cluster in China and Taiwan

SEMI’s CEO says Southeast Asia risks supply vulnerabilities as only six of Asia’s 64 planned semiconductor fabs by 2029 are expected in the region. Most new capacity is set to concentrate in China and Taiwan, leaving the supply chain more exposed to geopolitical shocks. SEMI calls for faster regional expansion of semiconductor production to balance capacity and reduce risk.

Summarised by Beize from a story on The Economic Times on 5 May 2026

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Plurilaterals without guardrails could fracture global trade rules experts warn WTO reform is urgent

Plurilaterals without guardrails could fracture global trade rules experts warn WTO reform is urgent

As global trade keeps expanding, experts say cracks are widening in the WTO’s governance—especially with “plurilaterals” lacking shared guardrails. They argue that “precautionism” is driving cautious, fragmented rulemaking, complicating consensus. Reforming WTO rules and balancing unilateral risks with multilateral stability is now central, with India’s negotiating approach under scrutiny.

Summarised by Beize from a story on The Economic Times on 2 May 2026
Amazon shares rise after cloud-led profit surge but costs spark after hours worry

Amazon shares rise after cloud-led profit surge but costs spark after hours worry

Amazon reported a stronger first-quarter profit and revenue, with cloud growth, AI investments, new partnerships, and expanded delivery helping drive net sales higher. The company also offered a solid sales outlook, but shares slipped after hours as investors scrutinized spending plans and flagged rising tariff and shipping costs across global operations.

Summarised by Beize from a story on The Economic Times on 30 Apr 2026
US goods trade deficit jumps in March as imports surge to new high

US goods trade deficit jumps in March as imports surge to new high

The US goods trade deficit widened 5.3% to $87.9 billion in March, according to the Commerce Department’s Census Bureau. Economists had forecast a smaller gap of $86.95 billion. February’s deficit was $83.5 billion, highlighting how sharply higher imports are driving the widening imbalance in trade.

Summarised by Beize from a story on The Economic Times on 29 Apr 2026
Assam entrepreneur Bhaskar Sonowal elected to lead BRICS entrepreneurs forum for 2026 27

Assam entrepreneur Bhaskar Sonowal elected to lead BRICS entrepreneurs forum for 2026 27

Dr Bhaskar Jyoti Sonowal from Assam has been elected president of the BRICS Entrepreneurs Alliance Global Forum for the 2026-27 term. The move underscores India’s rising influence in global trade and places a new focus on building partnerships and opening doors for Indian entrepreneurs. India will also host the BEA Global Summit in November 2026.

Summarised by Beize from a story on The Economic Times on 29 Apr 2026

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India urges UNSC to restore safe passage through Strait of Hormuz after deadly incidents

India urges UNSC to restore safe passage through Strait of Hormuz after deadly incidents

India has called for the immediate restoration of safe, unimpeded maritime passage through the Strait of Hormuz, citing deep concern for the safety of its seafarers. It warned that disruptions to the key waterway could damage global trade and stressed that freedom of navigation and commerce must be respected after incidents that claimed Indian lives.

Summarised by Beize from a story on The Economic Times on 28 Apr 2026
Trumpian claims on India are flagged as statistics sabotage and tariffs risk global trade stability

Trumpian claims on India are flagged as statistics sabotage and tariffs risk global trade stability

Alan Blinder, former Federal Reserve vice chair, sharply criticizes Donald Trump’s approach to economics and rhetoric, arguing that tariffs are contractionary and that political pressure is undermining trust in American statistics. Blinder also warns that the US retreat from globalization could worsen uncertainty and weaken the future of global trade, with ripple effects beyond India and the US.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India becomes top tractor buyer outpacing US China but farming is not the driver

India becomes top tractor buyer outpacing US China but farming is not the driver

India has overtaken US and China to become the world’s biggest tractor market, now capturing about half of global wheeled-tractor sales. That rise is happening despite slow agri GDP growth and shrinking farm sizes. With farming not doing the heavy lifting, the question is: what demand is really propelling tractor sales across India?

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Rogoff warns Trump tariffs won’t endure as rivals retaliate and US growth slows

Rogoff warns Trump tariffs won’t endure as rivals retaliate and US growth slows

Economist Kenneth Rogoff says Donald Trump’s tariff push may appear to be reshaping global trade, but it likely won’t last once other countries learn how to hit back effectively. He ties US economic risks to dollar dominance, sanctions, and unsustainable debt, arguing no single currency can replace the greenback and forecasting slower US growth.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Iran war triggers oil shock as countries ration energy and prices spike for the poor

Iran war triggers oil shock as countries ration energy and prices spike for the poor

As the Iran war deepens, an oil shock is rippling through global markets. Governments are moving to energy-saving measures while nations reliant on oil imports via a troubled strait face tighter supplies. With low reserves heightening vulnerability, prices are climbing across industries, hitting low-income households hardest as daily costs jump faster than wages.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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