India’s trade deficit shrank to its lowest in five months in September, at $13.98 billion, even as exports contracted for the first time in as many months, according to official data released on Monday. Read the full story at https://www.thehindu.com/business/Economy/trade-deficit-shrinks-to-5-month-low/article25229715.ece SOURCE: The Hindu
China’s service trade deficit grows in July
China continued to see a deficit in foreign service trade in July and the volume has expanded, data from the State Administration of Foreign Exchange showed. Income from trade in services stood at US$19 billion last month, while expenditures were US$44.3 billion, resulting in a deficit of US$25.3 billion. The deficit enlarged from the US$22.1 […]
