Despite protectionism & nationalistic rhetoric, trade deals still being signed: DHL Express CEO

News Snapshot:

Trade deals are being signed elsewhere and in India despite the rhetoric of rising protectionism and nationalism, in a sign that global trade will pick up pace after the ongoing phase of slowdown, John Pearson, global CEO of DHL Express – German-headquartered global package delivery and freight forwarding service provider – said in an interview to The Indian Express. Citing the DHL Global Connectedness Report on global trade flows, Pearson said that investments are flowing in India more than any other place in the world apart from the US, due to the ‘China plus one’ phenomenon. However, the phenomenon is...