India's GDP outlook improves amid China's economic challenges
after close1 source ↓written by the desknot a recommendation
- growth in September
- 21.6%
- 155%
China's industrial profits fell –5.5% in October, a stark decline from 21.6% growth in September, reflecting the strain of its trade war with the U.S. The situation worsens as China plans to restrict rare earth exports, crucial for tech industries, prompting U.S. tariff threats of up to 155%. This backdrop may bolster India's market sentiment.
Not investment advice. For informational purposes only.