Rising tension between India and China is leading to hiccups in international trade, the suspension of business deals and calls for a boycott of Chinese goods and citizens. This week, trade organizations said that Chinese shipments were suddenly being held up at Indian checkpoints, highlighting growing strains in a vital trading relationship after the countries clashed in a deadly border battle more than a week ago. The India Cellular and Electronics Association (ICEA) — which represents Apple (AAPL) and Foxconn, among other companies — complained to India’s Ministry of Finance on Tuesday that all electronic imports from China were being scrutinized at ports in India “without…
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Wednesday, June 24
