Skip to comments.Indo-China trade relations in focus as border face-off intensifies
Posted on 09/03/2020 10:41:02 AM PDT by BeauBo
India banned 118 more mostly Chinese apps on Wednesday, a move that could intensify simmering tensions between the two countries following a recent deadly skirmish at a disputed Himalayan border site, and raising concerns about the longer-term impact of $82 billion of trade.
The latest apps include Tencent Holdings Ltd's popular videogame PUBG. India imported $65.3 billion worth of goods from China in the fiscal year ended March 2020, and exported $16.6 billion, according to the country's Commerce ministry...
India has also been planning to impose higher trade barriers and raise import duties on around 300 products from China and elsewhere.
(Excerpt) Read more at money.usnews.com ...
If it plays its cards right, India could be a huge beneficiary of the Global withdrawal from China.
But this sudden and widespread decoupling seems to have been triggered by China's border aggression against India. Big mistake by the ChiComs.
The current leader of China will only be removed by the Grim Reaper. The way in which that's accomplished is still up in the air.
Could they have possible titled it, “India-China) instead of Indo-China? I immediately thought it was an article about Vietnam.
When Trump signs his anticipated reciprocal trade agreement with India, that’s checkmate for China. They can then be economically suffocated. He already has Taiwan, Japan, South Korea, Mexico, and Canada. UK, Australia and New Zealand on deck. Presdient Trump is rearranging the world for the benefit of America and all free peoples around the globe. This is freaking out the Marxist/Globalists.
America’s two biggest economic enemies are fighting. How can we lose?
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