What Makes Global Investors Positive On Indian Economy?: ANZ Group Chief Economist Decodes

Richard Yetsenga, Chief Economist at ANZ Group, acknowledges potential risks from the upcoming U.S. election but emphasizes that a strong market is a priority for whoever wins. Yetsenga points out that India, having navigated tough cycles, is experiencing unprecedented positive external perceptions and increased foreign direct investment. With a decreasing cost of external capital, he sees ample growth potential for India, likening its economic situation to "space walking." He also notes the evolving global trading environment, where U.S.-China trade has diminished, and constraints on the Chinese economy remain significant.
#india #china #usa
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