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now on bbc news all the latest business news live from singapore. how well has india s economy whether the cash ban on big notes? we find out when the government releases economic growth figures later today. and we are nearly halfway to the year. for and we are nearly halfway to the yea r. for investors and we are nearly halfway to the year. for investors it has been a steady climb upwards, but could there be trouble spots ahead? welcome to asia business report. we start with india, and the latest economic growth figures due later today. gdp data generated in the march quarter should offer clues on any more effects from the controversial cash ban. the south asian economy has been expanding at a rate of around 7%, lower than previous quarters due to this sudden withdrawal of two of the most commonly used banknotes late last year. so, our businesses there feeling the pinch? our team and by when to find out. in mumbai. funky music it is difficult for us to get to the 7% ....
Washington. he did say today he intends to make an announcement wednesday back at the white house about trade. talking about everything that his conversations here over the last week and a half in asia. but there s also something else that has changed dramatically. is threatening to leave america behind in many trade packs. on saturday, the 11 countries that had been part of the transpacific partnership agreement, the tpp and the obama administration, decided to go alone without the u.s. in this because president trump wanted to pull out. so, the question here is of trade going forward. can the u.s. actually have bilateral one-on-one agreements with countries or with other countries simply move beyond the u.s. here. it certainly gives a rise to china and raises many questions about the trade practices here. this trip will not be able to be judged a success or not from a trade perspective. but keep an eye on what happens once the president leaves here. these countries are still ....
Approach when it comes to trade, don t respect any more trade packs between the u.s. and your region and, so, you know, again, we have to see how the allies respond to this. too soon to say whether the trip is successful or not in your opinion? yes, i would say that it is too soon. but he s meeting with a lot of very important people at a very important time, is there a sense that he is getting things done or solidifying important relationships? well, again, i mean, the president seems to be a bit distracted while he s trying to hold this marathon trip, a very significant trip as you noted but, again, back home, there are a lot of distractions not only the ramp-up of robert mueller s investigation into russian meddling but also the accusations against roy moore, the republican running for alabama senate seat, and so this is something that the president, you know, has to deal with and is being briefed on while he s ....
Nuclear capability they clear now now have as his insurance policy for not winding up moammar gadhafi. he look at the united states as about existential threat. we know that s ridiculous but they view it that way and their program is advancing faster than people expected as an insurance policy against that threat. very little, if no incentive for them to come to the negotiating table. you saw in the editorial and seen this administration also try to push on china. that s the key here. the path to pyongyang goes through beijing. use carrots and sticks. one of the sticks, probe into chinese trade packs. also need to look at carrots to incentivize china to have a different calculus. so far willing, chinese, china, willing to accept a nuclear armed north because they don t want a unified peninsula allied ....
We re going to build up the military of the united states. so that nobody, nobody messes with us, nobody. nobody. we re not going to have to use the military. when you get it strong, when you get it right, we have such great people in the military, when you get it right, you don t have to use it. right now, you have so many people threatening us, looking at us the wrong way. they don t fear us. they don t respect us. they don t respect our leader. they don t respect any of our negotiators. you look at trade packs. china eating our lunch. japan, like we re children. mexico, both in trade and at the border, what they re doing to us is terrible. i have great respect for china, for japan. i love the people. i love the people of mexico. ....