The time horizon that the Chinese are willing to negotiate against is far longer than the US perspective and so Trump is looking for more near term positive announcements., says, Senior MD,. Excerpts from his interview with ETNOW.The markets look excited but it is important to remember that there are not any changes in the tariffs. I believe China will be much more patient and will be more likely to hold out. In general, I remain positive on India for the long term. I realise there is some controversy over how GDP and growth rates were calculated, but until we resolve the situation either with China and the current administration or the administration changes, it is going to be roller coaster ride with China.

Source: Economic Times July 01, 2019 04:41 UTC