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Fortune (March 23)

2024/ 03/ 24 by jd in Global News

“Foreign businesses’ direct investment into China last year increased by the lowest amount since the early 1990s, underscoring Beijing’s challenges to spur its economy. It also has to contend with a steadily accelerating outflow of manufacturing as Apple and other American brands begin to position new capacity in countries from India to Southeast Asia to mitigate risks from US-China tensions.”

 

CNN (March 18)

2024/ 03/ 20 by jd in Global News

“All but one of the 100 cities with the world’s worst air pollution last year were in Asia… with the climate crisis playing a pivotal role in bad air quality that is risking the health of billions of people worldwide.” Of these, 83 cities “were in India and all exceeded the World Health Organization’s air quality guidelines” for PM2.5 “by more than 10 times.”

 

Wall Street Journal (March 19)

2024/ 03/ 19 by jd in Global News

“Foreign investors have increasingly shifted their investments to India from China in recent years, partly because of concerns over Beijing’s unpredictable policy moves and China’s sputtering economy.” The shift doesn’t necessarily shield them. “A recent clampdown on one of India’s biggest financial technology companies rattled investors and serves as a reminder that New Delhi can also make sudden moves with a hefty impact on companies and market value.”

 

Bloomberg (January 19)

2024/ 01/ 20 by jd in Global News

“Chinese stocks just capped another dismal week…. Grim milestones have kept piling up in recent days: Tokyo has overtaken Shanghai as Asia’s biggest equity market, while India’s valuation premium over China has hit a record. Locally, a meltdown in Chinese shares is wreaking havoc on the nation’s asset management industry, pushing mutual fund closures to a five-year high.”

 

Wall Street Journal (January 17)

2024/ 01/ 18 by jd in Global News

“China last year ceded its centuries-old position as the world’s most populous country to India.” Births in 2023 fell by over half a million, “to just over 9 million in total, accelerating the decline in the country’s population as women shrugged off the government’s exhortations to reproduce.”

 

Investment Week (October 11)

2023/ 10/ 12 by jd in Global News

“European and US IPO activity has shown ‘signs of thawing’ throughout 2023, as the number of issuances slowly rise,” though hesitance is expected to remain until economic stabilization more fully materializes. The same data from PwC’s latest IPO Watch revealed “mainland China continued to dominate IPO numbers throughout last quarter, accounting for almost 35% of global IPO issuance and raising $11.7bn, followed by the US ($9.3bn) and India ($2.3bn).”

 

WARC (May 29)

2023/ 05/ 30 by jd in Global News

“The digital revolution in India is creating a level playing field for Indians across class and gender divisions, as financial services become more accessible because of the country’s digital footprint, lower data costs, and the rise in online payments.” Not only is digital transformation leading to “positive change throughout the financial system,” it is providing “strong impetus for social betterment and inclusiveness.”

 

Hindustan Times (May 5)

2023/ 05/ 06 by jd in Global News

“India entered into a new age as the world’s largest country in 2023.” With a large percentage of its population falling into working age, India has “the potential to produce a ‘phenomenal’ demographic dividend to catapult India into the top three economies of the world in the next 25 years.” To do so, however, “harnessing the gender dividend is even more critical and transformational.”

 

The Hindu (February 15)

2023/ 02/ 16 by jd in Global News

Reserve Bank of India Governor Shaktikanta Das proclaimed the worst of inflation was in the rear-view mirror. Five days later, January CPI estimates “revealed a disconcerting reversal in price gains trend. Headline retail inflation… quickened by 80 basis points last month to 6.5%. Propelling the acceleration was a 175 basis-points jump in food prices.” This “surprise reversal” suggests that “inflationary expectations in the economy are nowhere near anchored and will necessitate further policy action both from the RBI and fiscal authorities.”

 

The Times of India (October 30)

2022/ 11/ 01 by jd in Global News

“The developed world’s depletion of global atmospheric commons has led to extreme climatic events across the planet. Climate change is already upon us due to industrialisation in Europe and North America in the past, and in China more recently. Countries that have contributed the least towards historical global emissions — countries that are still developing and poor — are left to fend for themselves. Global poverty has underwritten the riches of the developed world.” India cannot “be expected to pay for climate sins of the West.”

 

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