In Episode 1588, ThePrint Editor-in-Chief Shekhar Gupta explains how China used trade as an agent of growth & what it means for the world, particularly India & US.
Biden administration puts in new curbs to counter low-value products mainly originating from China-founded e-commerce platforms. This comes 2 months ahead of US presidential elections.
American Chamber of Commerce says expectations are that US-China ties will become more stable than it has been under Trump, though it is unlikely to return to pre-2016 equations.
Concerns had been growing that a sharp drop in oil prices and the pandemic would sink the trade deal, the only active area of cooperation between the two nations.
Indian polls are unpredictable & ongoing trapeze act of simultaneous fiscal & monetary easing may lead to an accident if investors don’t like makeup of next government.
Indians tend to fuss more about the damage done to the Indian psyche by Thomas B Macaulay’s infamous Minute of 1835, but he was preceded in this unholy endeavour by James Mill.
The RBI’s crackdown on bearish rupee positions may be followed by additional measures, including tighter limits on banks’ positions and further curbs in the offshore currency market, according to Barclays.
Oleksandr Yakovenko, founder of Ukrainian drone maker TAF Industries, further went on to highlight the growing 'irrelevance' of European defence platforms.
It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.
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