India slipped a rung in EM league tables while China made its way to the top again, Mint’s latest emerging markets tracker shows As the world reels from the pandemic that originated in China, the Chinese economy seems to have made a rapid recovery, moving back to the top of the league tables in March, the latest update of Mint’s Emerging Markets tracker shows.
India, which was ranked second in February, slipped to third position, behind Malaysia. The decline was largely due to a sharp fall in India’s stock market capitalization.
Mint’s Emerging Markets Tracker, launched in September last year, takes into account seven high-frequency indicators across 10 large emerging markets to help us make sense of India’s relative position in the