The Asian Development Bank approved a $250 mn policy-based loan to the government of Bangladesh to help finance reforms aimed at improving the inclusiveness and responsiveness of the country
China's move to indefinitely suspend its economic accord with Australia was meant as a warning shot in the age of intense US-China rivalry, meaning that the former country was running out of patience
China has decided to suspend all its activities under the Strategic Economic Dialogue with Australia, a move that is likely to exacerbate the tense diplomatic relations between the two countries
Economic Affairs Secretary Shaktikanta Das said that there was good opportunity for coordinated action between India and China