Indian Households Saving Less, Borrowing More: A Concern for the Economy on Nostr: India's Trade Deficit with China Reaches $85 Billion in 2023-24 =============== ...
India's Trade Deficit with China Reaches $85 Billion in 2023-24
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#719f7845 ver:0.17
India's trade deficit with China reached $85 billion in 2023-24, highlighting the need to boost exports and reduce unnecessary imports. However, India's current account deficit declined to $10.5 billion in Q3 of 2023-24, reflecting a strengthening economy. Meanwhile, India's net household savings declined to a 3-year low, signaling a decline in total savings. In contrast, China's current account surplus in Q1 2024 was $39.2 billion, showcasing its strong export performance and economic health. #IndiaChinaTrade #CurrentAccountDeficit #HouseholdSavings #ChinaEconomy...
#newstr #India #China #TradeDeficit #CurrentAccountSurplus #Economy
https://here.news/story/719f7845?ver=0.17
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#719f7845 ver:0.17
India's trade deficit with China reached $85 billion in 2023-24, highlighting the need to boost exports and reduce unnecessary imports. However, India's current account deficit declined to $10.5 billion in Q3 of 2023-24, reflecting a strengthening economy. Meanwhile, India's net household savings declined to a 3-year low, signaling a decline in total savings. In contrast, China's current account surplus in Q1 2024 was $39.2 billion, showcasing its strong export performance and economic health. #IndiaChinaTrade #CurrentAccountDeficit #HouseholdSavings #ChinaEconomy...
#newstr #India #China #TradeDeficit #CurrentAccountSurplus #Economy
https://here.news/story/719f7845?ver=0.17