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In the realm of business and politics, the prevailing question centers on how India can address its trade imbalance with China. The key to this puzzle ironically lies in attracting more Chinese investment. China’s economic growth has decelerated, with GDP expanding by a modest 4.3% in the last quarter and domestic consumption, as indicated by retail sales, rising only 1% in June. With the West showing reluctance to absorb China’s excess production capacity, the prospect of China exporting its entire manufacturing ecosystem – capital, technology, brands, and production – looms on the horizon. India faces a critical decision on whether…
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