Export growth: China does a better job
Despite the rupee losing value against the dollar, Indian exports fell in April-November (year-on-year) by nearly six per cent. Experts say this is because our product-mix largely veers towards the low end of the manufacturing chain. China, on the other hand, managed to retain export competitiveness and registered a seven per cent growth in exports during the same period, despite the yuan rising against the dollar.
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