Tensions between the West and China are rising, from tit-for-tat trade tariffs to tech rivalry and spying allegations.
The ramifications for global markets are significant, with Washington and Beijing's determination to loosen dependence on each other fraying long-established supply chains.
Anna Rosenberg, head of geopolitics at the Amundi Investment Institute, said Sino-U.S. tensions, provide a "new lens" through which to analyse emerging markets' growth prospects.India is viewed as the most able to compete with China in low-cost, large-scale manufacturing. Its large, young population and a burgeoning middle class also creates opportunities for multinationals seeing less business in China.," said Christopher Rossbach, chief investment officer at asset manager J.
Barclays reckons that if India raises its annual economic growth closer to 8% over the next five years, it would be in a position to become the biggest contributor to global growth.by more than 6% over two days in early September on reports that Beijing would ban government workers from using iPhones.buyer of luxury goods, Western fashion houses are also ensnared in politics. China's top anti-corruption watchdog has vowed to eliminate what it calls the hedonism of Western elites.
A faltering economy and property market turmoil mean the bearish China investment case extends beyond politics.
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