The Yuan fell to its 11-year low against the US dollar last week. Trump immediately lashed out, calling China a "currency manipulator".
India is roughly 100 days away from its 5G trials and it can't make up its mind on whether Huawei should be invited to the trials.
Two reports in the last couple of days underline the impact of movements and decisions in global trade. This NYT report focusses on the impact on the $25 billion garbage industry in India. The crash in the industry is the result of China's surprise cut in garbage imports last year. China buys most of the [...]
The global economy is not doing well, and trade tensions between the United States and China have a role to play. Even as the rift continues, another conflict I wrote about yesterday also needs early resolution before it snowballs into something big. IMF's World Economic Output Update released earlier this week underlines the fallout of [...]