U.S., China announce a trade agreement

U.S., China announce a trade agreement

WASHINGTON (AP) — The U.S. and China have reached an agreement — again — to deescalate trade tensions. But details are scarce, and the latest pact leaves major issues between the world’s two biggest economies unresolved. President Donald Trump said late Thursday that a deal with China had been signed “the other day.” China’s Commerce…

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India-UK FTA weaves growth story for labour-intensive sectors: Experts

India-UK FTA weaves growth story for labour-intensive sectors: Experts

Exporters from labour-intensive sectors, including textiles & garments, leather, footwear, farm & processed food and gems and jewellery, will likely reap benefits of the duty breather under the India-UK free trade agreement (FTA), and better diversify their markets amid tariff uncertainties in the US, experts said on Tuesday.According to the commerce ministry, India will gain…

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China's Jan-Aug FDI down 31.5% y/y

China’s Jan-Aug FDI down 31.5% y/y

BEIJING (Reuters) – Foreign direct investment into China amounted to 580.19 billion yuan ($81.80 billion) in January-August, down 31.5% from the same period last year, the Chinese commerce ministry said on Saturday. The slump was bigger than the 29.6% fall during Jan-July. ($1 = 7.0930 Chinese yuan renminbi) (Reporting by Ellen Zhang and Ryan Woo;…

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