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India emerges as the least sensitive to a slowdown in China, shows data

Charts a distinct course in the face of global headwinds, while others tethered to China's gusts

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Samie Modak

2 min read Last Updated : Nov 26 2023 | 11:01 PM IST

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Among the various global headwinds confronting the Indian markets, a slowdown in China is not one of them.

An analysis conducted by Goldman Sachs reveals that the performance of domestic equities is inversely correlated with that of China.

Within the Asia-Pacific (APAC) region, India emerges as the least sensitive to a slowdown in China and the weak performance of their benchmark gauges.

Conversely, Hong Kong, Thailand, Taiwan, and Malaysia are among those whose fortunes are closely aligned with the world’s second-largest economy.

“Elevated geopolitical risks and China’s ongoing macroeconomic (macro) challenges that could exert downward pressure

Topics : Indian markets China market meltdown Goldman Sachs world economy

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