How Global Headwinds Are Slowing Indian Growth
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Dec. 19 (Bloomberg) -- India hasn’t been spared the effectsof the recession and the recent slowing of global growth.
Weak Chinese imports in particular have had a distinctlynegative impact on suppliers such as South Korea, Taiwan,Indonesia, Australia and Brazil. In the 2010-2011 fiscal year,India’s trade gap with China jumped to $28 billion, its largestshortfall with a trading partner.