This morning's headline in the Economic Times that Blackstone had preferrred India over China and Japan for a US$ 1b investment was great.
Believe it or not, friends, India is at the break out stage. Things are moving...
The Chinese don't like speaking English.
Foreign investors feel more comfortable on a personal level with an Indian than with a Chinese, because, overall Chinese Trade policies are more destructive than constructive. Look how China flooded the US markets with textiles as soon as the quotas were lifted, leading to the closure of many US textile mills. China doesn't believe in letting others live.
Apart from this, China has to atone for major atrocities committed upon Tibet and Tibetans, and I feel that the time for this Karma to bear fruit is soon going to happen.
Something is going to give in China. 75% of their population are living in disparity , and the progress is only enjoyed by 25% of the population.
China doesn't have a burgeoning and well-educated middle class like India does.
The Chinese currency is running at an artificial level, so that US imports from China. The moment China revalues its currency, other Asian markets will rise, because US will prefer importing from these markets.
The world equation regarding India's position is going to change quite soon.
For all you know, the Sensex could double in the next 10 years ...........
Jai Hind,
Uday.
Believe it or not, friends, India is at the break out stage. Things are moving...
The Chinese don't like speaking English.
Foreign investors feel more comfortable on a personal level with an Indian than with a Chinese, because, overall Chinese Trade policies are more destructive than constructive. Look how China flooded the US markets with textiles as soon as the quotas were lifted, leading to the closure of many US textile mills. China doesn't believe in letting others live.
Apart from this, China has to atone for major atrocities committed upon Tibet and Tibetans, and I feel that the time for this Karma to bear fruit is soon going to happen.
Something is going to give in China. 75% of their population are living in disparity , and the progress is only enjoyed by 25% of the population.
China doesn't have a burgeoning and well-educated middle class like India does.
The Chinese currency is running at an artificial level, so that US imports from China. The moment China revalues its currency, other Asian markets will rise, because US will prefer importing from these markets.
The world equation regarding India's position is going to change quite soon.
For all you know, the Sensex could double in the next 10 years ...........
Jai Hind,
Uday.