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Trade war; South Korea in a fix, caught in US-China crossfire over Huawei The campaign against Huawei, and the broader US-China trade war, have landed export-driven South Korea in a familiar bind Economy :-Not exactly seven days after Huawei Technologies was boycotted by the United States, in excess of a hundred South Korean lawmakers and business pioneers visited the Chinese tech mammoth’s home office and its rich new grounds outside Shenzhen. Officials from firms, for example, Samsung Electronics watched showings of rapid mechanical technology and brilliant city reproductions controlled by Huawei’s cutting edge 5G arrange gear. The occasion was a piece of a Seoul-upheld discussion went for structure more tightly tech connects among China and Asia’s fourth-biggest economy. Be that as it may, the social event was eclipsed by the U.S. choice early this month to boycott American tech and telecom firms from working with Huawei, and a push to get organizations around the g...

US removes India from its currency monitoring list; China, Japan stay India maintains ample reserves according to the IMF metrics for reserve adequacy Economy :-The Trump organization on Tuesday expelled India from its money observing rundown of real exchanging accomplices, refering to specific advancements and steps being taken by New Delhi which address a portion of its significant concerns. Switzerland is the other country that has been expelled by the US from its money checking list which among others incorporate China, Japan, South Korea, Germany, Italy, Ireland, Singapore, Malaysia and Vietnam. “India has been expelled from the observing rundown in this report, having met just one out of three criteria – a noteworthy respective surplus with the US – for two back to back reports,” the Treasury Department said in its most recent semi-yearly report on macroeconomic and remote trade arrangements of significant exchanging accomplices of the US sent to the Congress. Su...