As per indications available from the markets of different states, as of now there seems to be an expect decline of about 30 per cent in consumption of Chinese products on this Diwali in comparison to last year which in itself would be a strong indication to China and other countries as far as the consumption of Chinese goods in India is concerned. The Economic Times
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China’s Foreign Ministry on Wednesday once again asked India to withdraw all its troops and equipment from Chinese territory, as the border standoff in the Dong Lang (Doklam) area approaches its second month. Source: People’s Daily
Top Turkish and Russian economy officials are set to discuss key economic, political, technical and trade issues at an international fair in the Aegean city of İzmir, which will start on Aug. 18 and last until Aug. 27. Source: Daily News
The Defense Ministry plans to introduce a land-based Aegis missile defense system to respond to North Korea’s missile threats and will seek funding in the next fiscal year to cover system design costs, a government source said Wednesday.