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India rules out joining RCEP, accuses China of non-transparent trade practices

Indian flag and Chinese flag displayed on screen. Anadolu | Anadolu | Getty Images India’s commerce minister rejected the idea of joining the Regional Comprehensive Economic Partnership, the world’s largest trade deal, maintaining that it is not in the country’s interest to be part of a free trade agreement with China. “India is not going to join the RCEP because …

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China economy, Fed rate cut, BOJ rate, RBA

A Chinese flag in Pudong’s Lujiazui Financial District in Shanghai, China, on Sept. 18, 2023. Raul Ariano | Bloomberg | Getty Images Asia-Pacific markets opened lower Monday as investors assessed monetary policy decisions from Japan and China on Friday after U.S. Federal Reserve’s sharp rate cut sent markets higher last week. Data last Friday showed China’s youth unemployment rate rose …

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