Posted 2/12/2024, 9:42:00 AM
Investors Flee China for India as Xi Policies Repel Business While India Booms
- Investors are pulling billions out of China's struggling economy and investing in India instead
- India's stock market has strongly outperformed China's over the past year
- China is battling economic issues like deflation and a property crisis
- President Xi Jinping's hardline policies have driven away foreign investors
- India is benefiting with its business-friendly leadership and status as the fastest-growing G20 economy