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The Economic Times

National / The Economic Times

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Modinomics is appeasement of US, capitulation to China: Congress

The Congress party has criticized the Modi government's economic policies, dubbing them as Modinomics. They argue that these policies involve appeasing the United States while capitulating to China, citing India's growing trade deficit with China and a shrinking surplus with the US. Discussions are underway for a bilateral trade agreement with the US, while trade figures reveal a significant imbalance with Beijing.

24 Jun 2026 12:55 pm