China will benefit if India-US trade deal doesn’t happen: Economist Surjit Bhalla

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Economist Surjit Bhalla stated that China would benefit if an India-US trade deal does not materialize, as such delays could shift competitive advantages toward China. The trade agreement has the potential to significantly boost India's development and competitiveness.

The trade deal has the potential to boost competitiveness and accelerate India’s journey towards becoming a developed nation, Surjit Bhalla said. However, he warned that prolonged delays in concluding such an agreement would ultimately work to China's advantage.