Exports dipped 1.6 per cent to 8.95 trillion yuan.
There is a sense of relief in Beijing that Modi will be at the helm of affairs in Delhi at a critical juncture in the geopolitics of the region, says Ambassador M K Bhadrakumar.
BRICS countries may reach consensus at next month's G20 summit on creating a $100 billion currency reserve fund to help ease short-term liquidity pressure and safeguard financial stability of major emerging economies, a senior Chinese central bank official said.
'India is the largest stomping ground in the world for impact investing as we have an extraordinary combination of entrepreneurial drive with huge, absolute demand for all kinds of social services,' IDFC First Bank's chief Rajiv Lall tells Anjuli Bhargava.
The Indian stock market had rallied through the first fortnight of October but it gave back the bulk of its gains in the second half.
Delhi's Connaught Place is the 6th most expensive location in the world.
Oil has slumped from above $115 in June 2014 as shale oil from the United States has flooded the market
HSBC's purchasing managers' index was released on Tuesday.
Indian equities are in a multi-year bull story with capex cycle recovery as the main driver.
The renminbi is expected to weaken another 2 per cent in six months.
The People's Bank of China cut its daily reference rate for the currency by a record 1.9 per cent, the biggest loss since January 1994.
Shocks from Brexit could also hurt one of China's biggest export markets.
Analysts agree China, Greece and US Fed developments need careful monitoring but India should gain, over time, from relative rise of the dollar and fall in commodity prices.
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The country has enough forex reserves to meet the demand.
Non-performing loans in the Chinese banking system stood at RMB 1.27 trillion at the end of 2015.
Still, it is not expected to gain much strength and will likely trade around Rs 63.00 to the US dollar by the end of April.
Chances of a sudden collapse in the Shanghai Composite are remote.
For several years the Chinese authorities have been taking steps to internationalise the use of the yuan.
A rate cut will bring positive sentiment around the Budget.
'Both Japan and China face a common challenge: How to deal with Trump.' 'The trade war with the US seems to have facilitated/hastened Abe's China visit, the first by a Japanese prime minister since 2011,' points out Dr Rajaram Panda.
While Modi must worry about the electoral backlash of bailing out state-owned banks, China's communist rulers face fewer constraints.
China's CSI300 stock index shed 1.1 per cent, hitting a five-week low, while shares of Hong Kong-listed Chinese companies sagged 0.9 per cent.
The global economy may just be entering a new phase.
Some analysts argue that Beijing has been too cautious in lowering rates and freeing up cash in the banking system, keeping real interest rates too high given low returns on investment.
Markets could slide again owing to conditions in Europe and the US.
The year 2015 may well turn out to be a watershed in global macroeconomic adjustment.
On Wednesday, the Chinese authorities extended a ban on sales of shares by large shareholders.
Accommodative monetary policy has driven a bull market in stocks in recent years, but the Bank of England is expected to raise interest rates early next year and the U.S. Federal Reserve not long after, tempering future gains.
Chinese govt has itself to blame for first trying to slow down the property market and later propping it up.
Markets across the globe gained after China Securities Regulator removed its four-day-old circuit-breaker system.
Faced with sluggish economic growth and dwindling exports, China on Wednesday devalued its currency for the second consecutive day.
China's domestic debt is a major concern.
The world economy's growth engine is slowing, but not collapsing.
China's economy is worse than it really is, but then these are emblematic of the baffling self-congratulatory mood that exists in India today.
'India needs to adopt a more proactive policy of triggering exports to China.'
India's banks are propping up too many weak producers.
Markets end higher ahead of Fed outcome, China stimulus
Global investor and author Jim Rogers, who recently sold his India investments, talks about his disappointment with Prime Minister Narendra Modi's economic reforms, why he is betting big on the US dollar and the Chinese Renminbi and what will bring him back to India some day.
'We want to make sure we stay in India and we have very high hopes from India,' says Mark Mobius.
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