India and Vietnam stand to benefit as chipmakers move out of China amid US restrictions.

An illustration exhibiting glowing numbers, code, and circuitry on a black background. Chinese language Yuichiro | Second | pretend photos US restrictions on chip exports to China are the newest shakeup that prompted corporations to think about transferring a few of their chipmaking capabilities to close by Vietnam and India. Nonetheless, consultants informed CNBC that … Read more

Rich Chinese keep spending while others cut back: McKinsey survey

A sci-fi themed set up is proven right here on the Maison Hermes in Shanghai, China, on November 28, 2022. Future publications | Future publications | pretend photographs BEIJING — Wealthier Chinese language have been extra inclined to spend this 12 months, whereas poorer folks lower their spending even additional, McKinsey and Firm present in … Read more

India will be the third largest economy by 2030: S&P Global, Morgan Stanley

Lovely and colourful aerial view of the Mumbai skyline throughout twilight as seen from Currey Street, on February 16, 2022 in Mumbai, India. George Pratik | Hindustan Instances | pretend photos India is poised to overhaul Japan and Germany to turn into the world’s third largest financial system, based on world S&P and Morgan Stanley. … Read more