• 11/29/2024

Is China’s recovery a riskier bet than India’s boom? Maybe not

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

While China’s downturn tops the list of risks in developing economies, less attention is paid to the difficulties in sustaining India’s boom. Yet India’s weaknesses, such as a low labour participation rate, a lack of jobs and a large fiscal deficit, should not be overlooked.

https://www.scmp.com/opinion/china-opinion/article/3258594/chinas-recovery-riskier-bet-indias-boom-maybe-not?utm_source=rss_feed