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Why I See the Future Of Manufacturing Outside of China

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 13, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    As the world awaits China’s latest GDP growth figures to confirm if the manufacturing powerhouse is finally unable to achieve 6% growth, another populous nation is taking steps to pick up the slack. Like it or not, India is going to be the new giant of manufacturing as China pursues its new consumption based economy. Consequently, India is only going to go from strength to strength as its low wages, and Modi’s “made in India” policy, provide new sources of cheap goods for the world economy.

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