Chief Adviser Prof Muhammad Yunus is likely to visit China from March 26-29 to attend the Boao Forum for Asia Annual Conference and sit with Chinese President Xi Jinping in a bilateral meeting.

Asia’s share of global GDP swelled from just 24% in 2000 to 37% today, and will reach 43% in 2040 if current trends hold. That growth is reshaping trade flows, creating new corridors between Vietnam and the U.S., China and Southeast Asia, and Japan and India, to name a few.

The latest move by China is expected to reduce the dumping of cheap steel into the Indian market, which would act as a major positive to the Indian steel companies.