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Messages on the following theme China

The world is your oyster - part 2

Sunday 29 June 2008 | 1 Comments | Category: Market analysis

With GDP growth between 7.5% and 9.6% in each of the last five fiscal years, India's economic success story has been similar to China's.There are however big differences between the 2 countries. China's economy is industry-driven (industry accounts for about 46% of GDP in China compared to 27% in India) whereas India's is services-driven (services contribute some 55% to India's GDP compared to 40% in China).


The world is your oyster

Friday 02 May 2008 | 0 Comments | Category: Market analysis
After spending two weeks in China and Turkey attending conferences and meeting with companies, I am more than ever convinced that the main theme for investors in the coming years will be the transition from a global economy led by the West to a global economy led by the East.

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Guy Wagner is chief economist at Banque de Luxembourg

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