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Why Modi's Success Depends on China

Shraysi Tandon | Posted 08.04.2014 | World
Shraysi Tandon

The crushing victory of the Bharatiya Janata Party and India's newly elected Prime Minister Narendra Modi has brought much hope to exasperated Indians and foreigners alike. With promises to revive a nation that 1.2 billion people call home, the so-called "Modi wave" has surged across India. Over the past few months, Indian equities have risen close to 20 percent. The rupee, which lost 13 percent against the dollar in 2013, has been one of the best performing.