The importance to Britain of forging trade links with emerging markets was underscored by Boris Johnson’s determination to travel to India this month (Greig Cameron writes).
In normal times, this visit would have allowed the prime minister to hail the trading opportunities available now that Britain has left the European Union. However, soaring rates of coronavirus infections in India, as well as concerns over a local variant there, have proved insurmountable. After attempts to trim both the itinerary and the size of the government entourage, the trip was cancelled yesterday morning.
Yet India’s economy — and those of many other countries in Asia — still appears likely to grow much more quickly than those in the West over the next decade. Many fund managers have