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Turning the Tide: India’s Advantage in the Wake of China’s Economic Challenges
Introduction Ever since the pandemic, Chinese borrower’s defaults have reached a record high, with 8.54 million people barred from doing business. This increase, which came from 5.7 million in 2020, accounts for roughly 1% of China’s working-age population. Meanwhile, deflationary pressures are also present in China, where consumer prices fell sharply in November. Though for a brief moment it appeared to be strongly emerging from … Continue reading Turning the Tide: India’s Advantage in the Wake of China’s Economic Challenges