China will face increasing isolation, says Gautam Adani


Source: devdiscourse.com devdiscourse.com

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China, which was once seen as the foremost champion of globalization could face serious obstacles in its path to reviving its economy and will likely have to face isolation with global investors seeking other avenues, according to business conglomerate Gautam Adani. Adani listed out increasing nationalism, supply chain risk mitigation, and technology restrictions among the challenges that could impact the second largest economy in the world. Adani made these remarks while delivering the keynote address at the 20th Forbes Global CEO Conference held in Singapore. The Adani Group Chairman cited China's housing and credit risks ad compared it to what...