Authors:

  • Rawi Abdelal

Excerpt

A Comparison of Economic Fates of China and India. Rawi Abdelal, April 10, 2020, Video, "The days of unquestioned borrowing and investment from China are coming to an end. In this presentation, Harvard Business School Professor Rawi Abdelal discusses how the changing economies of India and China will impact the US. As China has purchased $3 Trillion of US treasury securities in order to keep demand for the dollar high and Yuan low, money has been practically free to borrow for the US government and its citizens. This has led to great growth in the economy, however this period of growth is likely coming to an end. Abdelal enlightens the audience as to how the development and investment strategies of China and India will have a huge impact on the economic future in the US." Link https://www.youtube.com/watch?v=BR6y4Zm2Gko