Equity market participants have had a roller coaster month so far, with Trump imposing reciprocal tariffs on all countries on April 2, including 26% on India, and then announcing a 90-day pause on tariffs just before its final implementation. Such moves have increased uncertainty in the markets world over.
Nilesh Shah says China’s $1 trillion trade surplus is built on an undervalued Yuan, not just on innovation and competitiveness
Kotak MF’s Nilesh Shah says China’s trade surplus topping $1 trillion in 11 months is not just due to innovation and competitiveness, but also a
December 9, 2025