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Spread the love ASIA: US Agriculture Secretary Tom Vilsack believes China is making good on promises it made as part of the landmark phase one trade deal it signed with the US last year. Vilsack said that the deal allows for market conditions to dictate how much Beijing is required to purchase from US farmers. The COVID pandemic, he added, would qualify as a material market condition that would impact how much China has to buy. India’s Prime Minister Narendra Modi announced late Wednesday night that India would privatize 100 state assets, ranging from oil and gas projects to ports and airports and those in the power sector. The investment opportunities are said to total 2.5 trillion Indian rupees ($3.4 trillion), Reuters reported. India has subsequently launched the National Asset Monetization Pipeline to manage the shift.

United statesHong kongUnited kingdomNew zealandSouth koreaJerome powellNarendra modiEsther georgeTom vilsackBureau of economic analysisNational asset monetization pipelineServices sentiment febUs labor departmentGroup paul everettConsumer survey febFederal reserve