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India has been hit by the imposition of 50% tariffs on Indian exports to the U.S. It will break India’s exports and many businesses, especially MSMEs. There are ways to mitigate the effects, one being to grant a 5% subsidy to affected exporters. This can be swiftly executed by the EXIM Bank of India.
Courtesy: Wikipedia
Low GDP growth numbers and the tumbling Shanghai Composite are not enough to judge China’s economic management strategy. It is the long-term, structural, and geoeconomic challenges that will determine the country’s economic future
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India’s merchandise exports have now contracted for 13 months in a row, reflecting the global slowdown and impact of China’s economic recalibration. But, therein lay new opportunities and challenges for India’s economic diplomacy
Courtesy: WikimediaCommons
The economic mismanagement by the ruling UPA in the past few years – by putting politics and polls ahead of economy and prosperity, and slavish obedience to political masters – has created an environment of crisis and desperation in India. Where did the country’s so-called economic ‘dream team’ go wrong?
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China Daily quoted, in their Asia Pacific edition, an article by Gateway House's Director Manjeet Kripalani and Bob Dowling, Editorial Advisor, about China's and India's economic slowdown. The authors explain the difference between China and India in their approach and responses to economic problems.