India seen as most Trump-proof economy in Asia

While Asia face big downside risks in the coming year, India is seen as the country best able to cope with a more protectionist US under Donald Trump, argue macroeconomic experts. “The region’s structurally slowing economies, many of which are in a late-stage credit cycle, are vulnerable to more inward-looking US policies and high geopolitical uncertainties in Europe,” said Nomura in its Asia economic outlook, released yesterday. Yet India has a number of factors working in its …