Best of BS Opinion: Different experiences, can China navigate the storm?

Here is the best of Business Standard's opinion pieces for today

Has the exchange rate regime changed for the worse?

  Exchange rate policy, China’s economic future, and the Indian consumer market getting more complex

 

Josh Felman & Arvind Subramanian: The Reserve Bank of India has moved from a relatively flexible policy on exchange rates to an inflexible one. Why so? Read here

 

Janak Raj: It remains to be seen how China weathers the current economic storm. There is comparison with Japan here, but there is a crucial difference. Read here

 

Rama Bijapurkar: Evaluating corporate results in terms of factors affecting consumer demand is meaningful. Read here

 

QUOTE

 

See your German company, which is supplying us some tunnel boring machines, which they are making in China…but China is not allowing them to sell it to India…We should stop buying German equipment now.

 

Union Commerce and Industry Minister Piyush Goyal to German Vice-Chancellor Robert Habeck during a metro ride last week.