%A Ajit Ranade %T Trade and tech war clouds loom %! Trade and tech war clouds loom %X After the exit polls on May 19 predicted a landslide victory for the National Democratic Alliance, the stock market in Mumbai gave a euphoric salute, and the index broke its previous record. But across the Asia Pacific, from Hong Kong and Shanghai, to Singapore, Seoul and Sydney, the markets were down. Since the middle of April, stocks in the Asia Pacific region have collectively lost 2.6 trillion dollars in value (equivalent to India’s national income). %U https://www.thebillionpress.org/columns/economy/trade-and-tech-war-clouds-loom-1203