India has recorded a higher GDP growth rate than China despite remaining one of the largest importers of Chinese goods. According to the latest economic data, China's economy expanded by 4.3% during the April–June quarter, down from 5% in the January–March quarter. The slowdown has surprised economists and reflects growing challenges facing the world's second-largest economy.
A BNP Paribas report signals the end of economic slowdown, with rising orders, industrial production, tax collections, and rural wages driving a stronger-than-expected recovery in FY25 and beyond.
