What now? Firms brace for chaos as India-China faceoff puts business in uncertain territory

For now, Indian equities and the currency are holding up as the Asian giants have a history of face-offs. They fought a war in 1962 over their 3,488-kilometer unmarked boundary. The challenge now is to de-escalate as the scale of the previous conflicts “was very small,” according to Dai Ming, Shanghai-based fund manager at Hengsheng Asset Management Co.

from News-Economic Times https://ift.tt/2YccSs5