Asia · Financial press · Nikkei Asia
Buffer or crutch? Nepal clings to 'least developed country' perks
Detailed summary
New government challenged to see through graduation preparations
A pashmina shawl is dyed with leaves and flowers at a factory in Kathmandu on Sept. 25: Nepalese textiles and apparel could face new tariffs when the country loses its "least developed country" status. (Photo by Ken Kobayashi)
KATHMANDU -- A luxuriantly soft pashmina sweater from Nepal can easily fetch $200 or more at shops in the West. Few buyers would guess that the yarn it was made from was probably produced in China.
Opening of the article, excerpted from Nikkei Asia. To read the rest, open the article on the publisher's site.
MarketNews shows the headline and summary published by the outlet. The full article is on the publisher's website. (asia.nikkei.com)
