India cannot stay immune to global impact of the trade war: HSBC’s Quinn
I do not think any economy in the world will be immune from the impact of the trade war, says Noel Quinn
Noel says that the trade war is an opportunity for India
As the US-China trade war heats up, the impact on India and other developing nations is being closely watched. With India’s economy showing signs of a slowdown, this trade war could be beneficial for the country if investments that would have otherwise gone to China come to India. Noel Quinn, chief executive, global commercial banking at HSBC, said in an interview that while it is an opportunity for India, the country cannot stay immune to the global impact of the trade war. Edited excerpts.