India vs China
Dec 06, 2023
The Indian stock market is reaching new highs driven by a combination of economic resilience, Modi’s regional election victories strengthening his foothold and foreign buyers. At the same time, the Chinese stock market approaches a 5 year low as investors take flight from the aftereffects of Beijing’s isolationist Covid-19 policies, turmoil in the real-estate industry and a punishing antitrust campaign against the country’s valuable tech firms. Is the pecking order in BRIC countries slowly changing?