Business – The entire world is looking towards the US and China because they are the movers and shakers of commerce and the world economy today. There is also an apprehension of a trade war with the US putting sanctions and removing subsidies from Chinese imports. On the other hand, China has retaliated by cutting US imports and also by removing subsidies on US imports to China.
Another major player which is coming up in India. Recently in the ease of doing business index, India improved its ranking as more and more companies are exploring the Indian horizons.
India is benefiting indirectly from the trade war between China and the US but also it has its own problems like the fiscal deficit and also high inflation and a struggle to make in India products.
India is now the sixth largest economy in the world after US, China, Japan, Germany and the UK. If estimates are to be believed then the Indian economy will become the 5th largest economy in the world pretty soon.
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