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Comment

Wealth management

Editor’s pick: Is India the new China?

September 26, 2023

Indian consumers are the largest collectors of gold worldwide. Image credit: Shutterstock Indian consumers are the largest collectors of gold worldwide. Image credit: Shutterstock

 

By Staff reports

Here is an interesting point of view on how India looks set to overtake China as a promising investment alternative. Several factors play into this assumption: India’s new rank as the world’s most populous country with digitally savvy youth, rising middle class, developing infrastructure, export focus and diversified economy.

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