Wednesday June 19, 2019
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Modi in China: Prime Minister likely to sign $10-billion deals

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By NewsGram Staff Writer

​Prime Minister Narendra Modi is planning to seal deals worth $10 billion on the first day of his trip to China, according to the reports by a leading English daily of the country on Thursday.

Talking about his plans during the China visit, the Global Times said, “Both the countries are likely to sign deals worth $10 billion during Modi’s first visit as prime minister. The visit will also include going to Beijing and Shanghai as he attempts to attract investments for Indian manufacturing and infrastructure.”

Modi arrived at Xian,capital of China’s Shaanxi province, today. This is the first leg of his three-nation tour, which will also include Mongolia and South Korea.

He is scheduled to meet Chinese President Xi Jinping on Thursday in Xian.

“It is a rare practice for a Chinese leader to receive a foreign leader outside the capital city Beijing,” told Jiang Jingkui, director of the Department of South Asian Languages at Peking University to the Global Times.

“It has been less than a year since Xi’s maiden visit to India in September, when he went to Modi’s hometown (Ahmedabad) in Gujarat. This makes Xi’s invitation to Modi to visit Xian a reciprocal gesture of goodwill,” Jingkui added.

The differences between both the countries can be overcome by the increasing economic exchanges which have drawn the two emerging Asian economies closer than ever, the report examines.

India has also signed up as a founding member of the China-initiated Asian Infrastructure Investment Bank.

Indian and China are the biggest trading partner with bilateral trade of $70 billion and India’s trade deficit with China rose to $37.8 billion last year.

According to the report, Modi is expected to bridge this gap during his three-day China visit by tapping into the potential of the Chinese market.​

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OPPO Grabs the Position of 3rd Most Trusted Smartphone Brand in India

In addition, while Dell has emerged as the most trusted brand in India this year, OPPO has also secured an overall 28th rank in TRA’s Brand Trust Report, 2019

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Innovation, OPPO Reno 10x Zoom
The pop-up selfie mechanism itself is, however, not new. Wikimedia Commons

Chinese smartphone player OPPO on Tuesday announced that the brand has secured third spot in the most trusted smartphone brand in India, according to a report by Mumbai-based analytics firm Trust Research Advisory (TRA).

According to TRA’s Brand Trust Report 2019, OPPO climbed up seven ranks to secure this year’s third spot in the top 10 smartphone brands in India.

Incorporating advanced technologies like motorised camera, 10X Hybrid Zoom, fast charging, in-display fingerprint scanner and bezel-less display even in the budget segment, smartphones have helped the company retain its spot in the top brands, the company said in a statement.

With one of its biggest Research and Development centres in Hyderabad, OPPO plans to intensify its business in India.

Innovation, OPPO Reno 10x Zoom
Chinese handset maker OPPO, which has been known to be experimental with its smartphone designs has just launched its flagship smartphone Reno 10x Zoom. Wikimedia Commons

The company also houses its state-of-the-art manufacturing facility in Greater Noida.

In addition, while Dell has emerged as the most trusted brand in India this year, OPPO has also secured an overall 28th rank in TRA’s Brand Trust Report, 2019.

Also Read- Laptops from Huawei Re-appear on Microsoft Store

OPPO was recently recognised as the most-preferred innovative handset brand in the premium segment, as per an independent study conducted by the analyst firm CyberMedia Research (CMR), the company added. (IANS)