Showman: Indian Prime Minister Narendra Modi. Photo: AP

China, Gandhi or RSS? The real reason India snubbed RCEP trade pact

  • Showman Modi invoked Gandhi as he pulled out of ‘the world’s largest trade deal’
  • Did he forget to mention protectionist Hindu nationalists and the gaping trade imbalance with China?
Topic |   Trade

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Showman: Indian Prime Minister Narendra Modi. Photo: AP
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Indian farmers urge their government not to join the Regional Comprehensive Economic Partnership. Photo: AFP

China’s in, but, without India, is ‘world’s largest trade pact’, the RCEP, still such a big deal?

  • Modi’s shock move to abandon the RCEP trade deal has fed the cynics
  • But its fans are loyal, even in the face of research suggesting its impact on GDPs will be minimal
Topic |   Trade

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Indian farmers urge their government not to join the Regional Comprehensive Economic Partnership. Photo: AFP
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