Ruchir Sharma Analyses the Impact Of Tariffs On China’s Economy And Global Trade Tensions

In a compelling conversation with Rahul Kanwal, Executive Director of Business Today, Ruchir Sharma, Chairman of Rockefeller International, shares his insights on the current state of the Chinese economy. He discusses the impact of ongoing Trump tariffs and the looming concerns of dumping into other countries, including India. Sharma also highlights China’s demographic challenges, such as an aging population and the need for increased domestic consumption to reduce its heavy reliance on exports. In his analysis, he suggests that while China faces significant challenges, the broader global implications of the U.S.-China trade war could hurt both nations in the long term. Sharma’s take suggests that as both countries continue their economic tug-of-war, the real casualties might not just be the economies of the U.S. and China, but the global market at large.