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India may become winner in US-China trade war ...News
The Indian economy could benefit by $11 billion as some international manufacturers move production to the country due to trade tensions between Washington and Beijing. That’s according to a report from Singapore’s DBS Bank. It said that ″India could increase its trade footprint in [the] midst of the US-China trade conflict, particularly under categories on which US has imposed tariffs on China.” The bank’s economist, Radhika Rao, told CNBC: “Apart from trade, diversion in investment flows is an opportunity that India could benefit from, as manufacturers seek alternative origination destinations.” Also on rt
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