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RSS FeedsImports from Hong Kong under lens amid China tensions
(WorldNews India)

 
 

13 july 2020 04:40:52

 
Imports from Hong Kong under lens amid China tensions
(WorldNews India)
 


NEW DELHI : Imports from Hong Kong are likely to draw greater scrutiny as China, under pressure to narrow its trade gap with India, is increasingly routing exports via Hong Kong, where Beijing has imposed a security law that undermines the city`s autonomy from Communist Party rule. While India has been trying to narrow its trade gap with China, its trade balance with Hong Kong has swung from a surplus to a deficit for the first time in the year to March 2019, at $5 billion, and has further widened to $6 billion in the following year. Imports from the semi-autonomous region has nearly tripled in...


 
52 viewsCategory: General > Asia > India
 
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