America Donald Trump’s victory in the presidential election is a big blow to China. China wanted that Donald Trump should not come to power in any way. Now as soon as Trump wins the election, bad news has started coming for China. Actually, China is going through a very sensitive situation at this time. Economic slowdown has spread its wings there. China had recently issued stimulus packages to support its economy. After this, investors from all over the world rushed to invest money in the Chinese stock market. FPIs were withdrawing money from India and investing it in China. But the tables have turned as soon as Trump won the election.
FPI put reverse gear
As soon as Trump won the US presidential election, foreign investors have shifted into reverse gear. The huge rise in the Indian stock market on Wednesday is a big proof of this. As soon as Trump won the election, investor confidence increased significantly. There was heavy buying in IT and pharma shares. Not only in India, the global market also witnessed a boom. US-China trade war may start again after Trump’s arrival. Trump can increase China’s problems by increasing tariffs. India will directly benefit from this. Global companies will move out of China and invest in India.
huge loss to china
After the victory of Donald Trump, well-known industrialist Harsh Goenka has shared a graphic. It tells how much which country will benefit from Donald Trump’s victory in America. This graphic is from research analyst Nomura. According to this, India will benefit the most from Trump’s domestic and foreign policies. After this, Malaysia and Japan will benefit. On the other hand, Mexico, South Korea, Taiwan, China, Euro Area and Philippines will suffer the most loss. Singapore, Thailand, Australia, UK and Canada will also suffer losses due to Trump’s victory.
