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India Gazette
3 days ago
- Business
- India Gazette
India and China are promising alternatives for investment, says Mirae Asset VC
ANI 02 Jun 2025, 12:10 GMT+10 New Delhi [India], June 2 (ANI): India and China emerge as promising alternatives for investments, said Mirae Asset Securities Vice Chairman Heo Sun-ho while speaking at a global asset allocation forum in Seoul on Thursday, reports Korea Herald. With the return of US President Donald Trump to the Oval Office, crack seems to emerge 'in the US-centered investment landscape'. Speaking at the summit hosted by Mirae Asset, Heo-Sin-ho said the over-dependence on the US as its primary growth engine needs to be re-examined. 'The recent depreciation of the US dollar reflects weakening global confidence, spurred by growing nationalism and ballooning fiscal deficits,' Heo said, urging investors to pivot from a US-centric strategy and realign their portfolios with the shifting global innovation vice chairman mentioned that India is emerging as a vast consumer market, driven by robust digital infrastructure and a rapidly expanding to Heo Sun-ho, 'Innovative technology that once fuelled US growth is no longer its exclusive domain.'He also cited how Chinese AI Startup, DeepSeek positioning itself as a challenger to OpenAI, alongside Chinese automobile company BYD which in April overtook Tesla in the European electric vehicle market for the first to the director and head of Asia Pacific Research at Mirae Asset Hong Kong, policy shifts in China are also creating a more favourable environment for foreign investors. He also echoed the call for a diversified investment South Korean exports to US were down 8.1 per cent for the month of May, as compared to same month last year, weighed down by the US President Donald Trump's tariff, as it took a toll on automobile supplier Foxconn is set to invest USD 1.5 billion in its India unit, Reuters reported, citing a company filing. (ANI)


Economic Times
4 days ago
- Business
- Economic Times
India and China are promising alternatives for investment, says Mirae Asset VC
Mirae Asset suggests India and China as promising investment alternatives amid concerns over US economic dominance and policy shifts. Mirae Asset suggests India and China as investment alternatives. This comes amid concerns about over-reliance on the US economy. Weakening global confidence and rising nationalism are factors. India's digital infrastructure and population growth are attractive. China's policy shifts are also creating opportunities. Foxconn plans a significant investment in its India unit. South Korean exports to the US have declined recently. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads India and China emerge as promising alternatives for investments, said Mirae Asset Securities Vice Chairman Heo Sun-ho while speaking at a global asset allocation forum in Seoul on Thursday, reports Korea the return of US President Donald Trump to the Oval Office, crack seems to emerge 'in the US-centered investment landscape'. Speaking at the summit hosted by Mirae Asset, Heo-Sin-ho said the over-dependence on the US as its primary growth engine needs to be re-examined."The recent depreciation of the US dollar reflects weakening global confidence, spurred by growing nationalism and ballooning fiscal deficits," Heo said, urging investors to pivot from a US-centric strategy and realign their portfolios with the shifting global innovation vice chairman mentioned that India is emerging as a vast consumer market, driven by robust digital infrastructure and a rapidly expanding to Heo Sun-ho, "Innovative technology that once fuelled US growth is no longer its exclusive domain."He also cited how Chinese AI Startup, DeepSeek positioning itself as a challenger to OpenAI, alongside Chinese automobile company BYD which in April overtook Tesla in the European electric vehicle market for the first to the director and head of Asia Pacific Research at Mirae Asset Hong Kong, policy shifts in China are also creating a more favourable environment for foreign investors. He also echoed the call for a diversified investment South Korean exports to US were down 8.1 per cent for the month of May, as compared to same month last year, weighed down by the US President Donald Trump's tariff, as it took a toll on automobile supplier Foxconn is set to invest USD 1.5 billion in its India unit, Reuters reported, citing a company filing. (ANI)


Time of India
4 days ago
- Business
- Time of India
India and China are promising alternatives for investment, says Mirae Asset VC
Mirae Asset suggests India and China as promising investment alternatives amid concerns over US economic dominance and policy shifts. Mirae Asset suggests India and China as investment alternatives. This comes amid concerns about over-reliance on the US economy. Weakening global confidence and rising nationalism are factors. India's digital infrastructure and population growth are attractive. China's policy shifts are also creating opportunities. Foxconn plans a significant investment in its India unit. South Korean exports to the US have declined recently. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads India and China emerge as promising alternatives for investments, said Mirae Asset Securities Vice Chairman Heo Sun-ho while speaking at a global asset allocation forum in Seoul on Thursday, reports Korea the return of US President Donald Trump to the Oval Office, crack seems to emerge 'in the US-centered investment landscape'. Speaking at the summit hosted by Mirae Asset, Heo-Sin-ho said the over-dependence on the US as its primary growth engine needs to be re-examined."The recent depreciation of the US dollar reflects weakening global confidence, spurred by growing nationalism and ballooning fiscal deficits," Heo said, urging investors to pivot from a US-centric strategy and realign their portfolios with the shifting global innovation vice chairman mentioned that India is emerging as a vast consumer market, driven by robust digital infrastructure and a rapidly expanding to Heo Sun-ho, "Innovative technology that once fuelled US growth is no longer its exclusive domain."He also cited how Chinese AI Startup, DeepSeek positioning itself as a challenger to OpenAI, alongside Chinese automobile company BYD which in April overtook Tesla in the European electric vehicle market for the first to the director and head of Asia Pacific Research at Mirae Asset Hong Kong, policy shifts in China are also creating a more favourable environment for foreign investors. He also echoed the call for a diversified investment South Korean exports to US were down 8.1 per cent for the month of May, as compared to same month last year, weighed down by the US President Donald Trump's tariff, as it took a toll on automobile supplier Foxconn is set to invest USD 1.5 billion in its India unit, Reuters reported, citing a company filing. (ANI)