Indian Prime Minister Narendra Modi’s administration won’t let China flood India with its manufacturing products, the way it did with Pakistan.
This week, Modi declined to sign the Regional Comprehensive Economic Partnership (RCEP) at the Association of Southeast Asian Nations (ASEAN) summit in Bangkok.
China is the biggest member of RCEP, and its manufacturing products could flood India’s markets, once the agreement takes effect; and widen further widening the trade deficit between India and China. Read More…