Conversation: India & China

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Indian economy presents a mixed picture in the fifth year of Modi government. While the growth is on the mend and inflation within central bank’s target, the financial sector, particularly the banking sector is going through a clean-up phase. In addition, not only have external shocks (elevated crude prices, rising US interest rates and trade protectionism) become bigger in quantum and complexity, India’s vulnerability to these shocks has risen with rising Current Account Deficit (CAD). How is India negotiating these shocks and what about the domestic constraints India faces? Trends and opportunities Indo-China trade, particularly after the US-China tariff war escalated. More importantly what lies ahead in the short and medium run?

Speaker

Mr. Dharmakirti Joshi - Chief Economist, CRISIL

Dr. Paul F. Gruenwald - Chief Economist, Asia Pacific, S&P Global