DBS chief says China pessimism not 'overdone' but upbeat about India prospects


DBS Group chief executive Piyush Gupta

SINGAPORE: DBS Group Chief Executive Piyush Gupta said current widespread pessimism about China's economy was not "overdone" but he was upbeat about India, where the bank plans to triple its business in the next five years.

"There's some real headwinds in China in the short-term", he told a Reuters Newsmaker event in Singapore, noting the crisis in its debt-ridden property sector.

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Singapore , DBS , Piyush Gupta , China , economy

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