Phase One Deal - Sterling Drops - Economics Nobel
China's economic slowdown and trade tensions between the world's top two economies have dampened German businesses' spirits. Many German firms operating in China report a "gloomy" business outlook.
India this week dropped out of the RCEP free trade deal. Rahul Mishra says New Delhi's decision was aimed at protecting vulnerable sections of the economy as well as persuading China to grant reciprocal market access.
Plans to sign the world's largest free trade pact at a regional summit in Bangkok have been thrown into doubt after objections from India. China, hurt by its trade war with the US, is keen to see the deal finalized.
Islamabad's decision to establish a government institution for the coastal area has triggered protests in the provinces of Balochistan and Sindh. Activists say the decision aims to appease Chinese investors.
© 2019 Deutsche Welle |
Legal notice |
| Mobile version