Showing posts with label Economic. Show all posts
Showing posts with label Economic. Show all posts

Feb 12, 2007

Polls: Wealth is a top priority for today's youth - CNN.com: "Polls: Wealth is a top priority for today's youth"
BBC NEWS | South Asia | Indian economy 'to overtake UK': "India could overtake Britain and have the world's fifth largest economy within a decade as the country's growth accelerates, a new report says.

If trends continue, India's economy may then surpass the US and be second only to China's by mid-century, the report by investment bank Goldman Sachs says."

Feb 6, 2007

The Korea Herald : The Nation's No.1 English Newspaper

The Korea Herald : The Nation's No.1 English Newspaper: "The economies of the world's two most populous countries, India and China, have been growing in recent years at nearly 9 percent and 10 percent, respectively. A decade after the 1997-98 financial crisis, East Asia as a whole has returned to its torrid pace of development. "

Jan 23, 2007

Rise of China and India changes course of global economic history -- Shanghai Daily | 上海日报 -- English Window to China News: "The rise of China, India, other Asian economies, and other emerging market economies is a major watershed for the global economy. Their rise - as former US Treasury Secretary Larry Summers put it last January in Davos - may be the most important event in human history in the last 1,000 years, after the Renaissance and the Industrial Revolution.

In 'Chindia,' 2.2 billion people are starting to join the global labor force; this is a massive and challenging process of integration in the global economy.

With economic power - a larger share of global GDP coming out of emerging markets - also comes political power, as the rising influence of China and India on geopolitical affairs clearly shows."
Rise of China and India changes course of global economic history -- Shanghai Daily | 上海日报 -- English Window to China News: "THE overarching theme of the World Economic Forum's Annual Meeting, which will take place in Davos, Switzerland, tomorrow, is 'The Shifting Power Equation.'

Participants will try to make sense of the various ways that power is being transferred and re-distributed in our ever-more-connected global polity. One manifestation of this shift is the changing global economic architecture. "

Nov 3, 2006

The Power and Interest News Report (PINR): "New pledges of aid, tariff reductions, incentives for investment, and programs to strengthen cultural ties are expected to come out of the summit. China will specifically be looking to gain access to natural resources needed to maintain its nine percent economic growth rate. By investing in Africa's infrastructure, Beijing also hopes to secure access to developing markets in Africa for its goods. Two-way trade increased by more than 30 percent in 2005, and it is expected to rise a further 25 percent this year. "
The Power and Interest News Report (PINR): "As China moves to secure more energy resources for its expanding economy, it has found difficulties in establishing markets where it must compete directly with the large, Western multinational corporations. For this reason, it has been more willing to invest in less competitive areas -- often in countries where sanctions prevent Western companies from investing. In this sense, Africa is ripe with opportunity. "