India slips to No.6 in global GDP rankings, says IMF
India’s nominal GDP is estimated at about $4.15 trillion (Dh15.23 trillion), placing it behind Japan ($4.38 trillion) and the UK ($4.26 trillions) India has slipped to sixth place from the…
Hainan builds 12 offshore duty-free stores under evolving shopping policy
Fifteen years after China launched the offshore duty-free shopping policy in Hainan, its southernmost island province, customs authorities have supervised a cumulative 286.4 billion yuan (about 41.76 billion U.S. dollars)…
Pakistan clears transit of third-country goods to Iran through its territory
Iranian cargo trucks cross into the Pakistan-Iran border at Taftan, Balochistan province, on June 18, 2025, amid the ongoing conflict between Israel and Iran. (AFP/ file) Islamabad has cleared the…
Equipment and high-tech manufacturing boost China’s industrial profits
China’s industrial sector posted strong profit growth in the first quarter of 2026 as the government’s proactive macro policies helped cushion the impact of a complex economic environment and boosted…
Pakistan receives first Kyrgyz shipment via China corridor, reducing reliance on Afghanistan
Cargo reaches through Khunjerab Pass and Sost Dry Port, linking five Central Asian states to Pakistan’s southern ports Pakistan has received its first shipment of goods from Kyrgyzstan through a…
Canton Fair opens in China with record scale
The 139th edition of the China Import and Export Fair, also known as the Canton Fair, opened on Wednesday in the southern Chinese city of Guangzhou, drawing a record number…