India Overtakes China as World's Fastest Growing Major Economy on Back of Consumers and Youth

India has overtaken China as world's fastest growing large economy, driven by consumers and young workforce

China faces property crisis, with World Bank projecting just 4.4% growth in 2022, lowest since 1990 excluding pandemic

Global investors pivoting from China to India in anticipation of higher returns

India attracted $15.5bn foreign equity inflows in 2022, while China saw $100bn+ outflows

India's inclusion in emerging market bond index expected to draw $30bn of foreign inflows