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Indian exports to China account to lesser share in GDP vis-a-vis other emerging countries: CEA


Indian exports to China account to lesser share in GDP vis-a-vis other emerging countries: CEA

New Delhi, Sep 08 (ANI): While addressing the media Chief Economic Adviser Arvind Subramanian elucidated that Indian exports to China account to lesser share in GDP vis-a-vis other emerging countries making India less vulnerable to global turmoil. Subramanian also said India is still a favourite investment destination for the world.

He also said that low global oil prices aid in macro-economic stability. He also said that all the key factors that contributed to the global turmoil were discussed thoroughly.

He also stated that Prime Minister Narendra Modi clarified India is not taking undue advantage of the Chinese economic slowdown.

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