Following the agreement reached between Presidents Donald Trump and Xi Jinping, China said last week it would pause for one year the restrictions it imposed in October.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
The thaw in US-China trade ties, especially over critical minerals and magnets, is likely to benefit other countries including India, caught in the middle of a trade war.
In 'Decoding China', edited by Ashok K Kantha, Indian diplomats, military officials, and scholars evaluate the country's internal and external dynamics.
The actions signaled the biggest rupture in relations in four months between US & China. Many questioned whether an uneasy economic detente reached over the summer can survive.
IndiGo showed how a single point of failure can ripple across a sector. In defence, where there is no external fallback, the consequences are far more serious.
With the US-India trade deal yet to get done, rupee depreciation may be helping to mitigate India’s loss of competitiveness. The other problem is extreme despondence among overseas equity investors.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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