Thursday, 19 May, 2022
TopicTrade War

Topic: Trade War

Modi rightly didn’t join RCEP a year ago. SE Asian states are unlikely to benefit much

Joining a China-led trade arrangement because the US is unwilling to provide an alternative is a strategic equivalent of cutting your nose to spite your face.

India has to plan for a hot war where friends are few. US-China cold war won’t help it

A careful analysis of Trump’s policies on China reveals that the primary driver is self-interest. And India can’t count on it.

Why India and other Asian nations are struggling to capitalise on China-US trade war

Reproducing the kind of supply chains, marketing access & existing contacts built up by manufacturers in China’s industrial cities is a big challenge.

No US-China trade deal yet, but Trump invites Xi for signing of phase one

US and China have been locked in a trade war for a year, which included Trump slapping huge tariffs on Chinese goods.

India quitting RCEP indicates global trade could be in for another Cold War

Tensions between China and the US force nations to take sides. It’s a path that’s grimly reminiscent of the aftermath of World War II.

How trade war and China’s economic shift are roiling global shipping

Maritime shipping volumes grew just 2.7% to 11 billion tons last year, says United Nations Conference on Trade and Development, in its annual review.

Trump has finally accepted Modi’s friend request and all is well

Modi has at last found a way to be useful to Trump.

India again lobbies with Beijing to sell its generic medicines amid US-China trade war

Modi govt has asked China to provide quick clearances for made-in-India drugs at the India-China Strategic Economic Dialogue meet held between 7-9 September.

US-China trade war, Russia inclusion make G7 summit a sinkhole for global governance

Overall atmosphere of the meeting was reported to be tense with leaders exchanging barbs.

Sensex falls from record high as Modi names new finance minister, trade war continues

The benchmark S&P BSE Sensex ended 0.3% lower at 39,714.20 in Mumbai, after a volatile session during which it gained as much as 0.7%. The NSE Nifty 50 Index retreated 0.2%.

On Camera

YourTurn

Chinese President Xi Jinping | Representational image| kremlin.ru

Chinese economy is feeling the heat. Blame Xi’s political Lysenkoism, vaccination policy

Smarting from the failures of his Great Leap Forward campaign, which hit the economy hard, Mao launched the 1962 war with India to rally the nation behind him.
Congress supporters staged a protest against inflation in Ranchi on 10 May | ANI

As inflation breaks records, Modi govt plans to counter criticism ahead of anniversary & polls

While retail inflation hit an 8-year high of 7.8% in April, wholesale inflation surged to a 9-year high of 15.08% on the back of elevated food and energy prices in the same month.

Defence

Satellite image of the development on the site | Twitter | @detresfa_

China building ‘bigger, broader’ 2nd bridge at Pangong Tso that can carry armoured columns

China's People's Liberation Army aims for multiple routes to counter any possible operations by the Indian forces on the southern banks of the Pangong Tso in the future.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
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