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Recently, the United States has been making constant moves in the Asian region, not only wielding the hegemony of the dollar to set off a huge financial storm in the Asian region, but also pointing the spearhead at various Asian countries.
Under this crazy financial crisis, many Asian countries have already suffered as a result.
In contrast, only China's currency has remained relatively stable, and the exchange rate of the renminbi has risen to a certain extent recently.
In addition to China, Japan was at risk of collapse during the financial turmoil. In the case of a sharp decline in the exchange rate, the yen has depreciated at a high rate, and once reached the lowest point in more than 30 years.
Given the sharp decline in the yen's exchange rate, the risk of a collapse of the yen is imminent if there is no bailout.
In order to preserve the yen, the Japanese government has invested huge sums of money to combat the effects of the financial turmoil.
Like Japan, India has not had a good time lately. There is news that India is being harvested like crazy and that a lot of capital has fled from the Indian market.
So that this country, which believes that it can become a global economic superpower in less than a few years, has been in economic trouble. What's going on here?
Over the past few years, the United States has held a leading position in the global economy. As a global economic powerhouse.
The United States can continue to unleash hegemony in the global economy and exercise free control over the wealth of other countries.
However, this situation has undergone new changes since 2023, especially as the United States continues to launch a trade war against China, which has led to an increasingly fierce game between the two countries.
In addition, the current international situation is becoming more and more chaotic, especially in the context of the continuous local wars such as the Russia-Ukraine conflict and the Palestinian-Israeli conflict, India's economic development in the past years has been relatively stable, which has attracted widespread attention from the international community.
Due to the influence of the U.S. transfer of development routes, India has become the main country of the U.S. transfer development strategy.
As the United States moves a large number of production lines to India, there is speculation that India is likely to become the final winner in the Sino-US game. It is precisely because of this that India has become a very hot market in the world.
There is a huge influx of capital into the Indian market and investment in production in India. For example, Apple.
The Apple brand has established a very complete industrial chain in China, but under the influence of the policy implemented by the US government, the Apple brand has gradually moved its production line to India and Vietnam and other countries.
The addition of these international brands has ushered in new development opportunities for countries such as India. After all, India has very large labor resources and a huge market, and if there is a large amount of capital investment, it will inevitably drive the rapid development of India's economy.
Recently, there has been news that a large amount of capital is currently withdrawing from the Indian market. As capital continues to withdraw, it means that India's economic development will face serious challenges.
According to the data released by professional institutions, the Indian stock market and currency value have depreciated more sharply as a large amount of capital has fled the Indian market.
And in this financial turmoil, the exchange rate between India and the US dollar has already set a low level.
As more and more capital flees the Indian market, the problem of inflation in India is becoming more and more serious. It is understood that in April this year, the country's inflation rate had exceeded 6.95%.
Amid rising inflation, the unknowns of India's economic development have been further exacerbated. India is now facing increasing risks on the economic front.
When a large amount of capital flees, it will not only affect the liquidity of the Indian market, but also further exacerbate the risk of capital chain rupture of Indian enterprises.
In view of these phenomena, some analysts believe that this is an important way for the United States to frantically harvest India, although India's economic growth situation in recent years is quite impressive, but after this round of harvesting, India's economy will decline rapidly, and even return to 20 years ago.
The risk of economic collapse for the Indian government is increasing amid the growing inflation problem and increasing capital flight.
Especially in the past many years, India has been suffering from a trade deficit, coupled with a very high proportion of external debt, and the scale of government bonds issued by the Indian government is also very large.
Under multiple pressures, after being targeted by many capitals, it is currently facing a severe shorting.
In the past years of development, India has been constantly brushing up its presence in the international community, so it has been favored by the United States and other countries, and it is fortunate to have the support of the United States for India, which turned out to be a preparation for financial harvesting.
And India is still dreaming of getting the most out of the Sino-US game.
Although India has indeed made a lot of money from it over the years, judging from the current situation, this money still has to be obediently handed over to the United States.
What are your thoughts on India's economic development in the future? Welcome to discuss in the comment area!