india may have a better potential in the short term, since china has been growing at breakneck speed for over a decade and so inevitably will slow down. china has the biggest balance of payments surplus, india has never had a surplus (afaik) and this is going to be vital in the coming years if the chinese manage their huge cash mountain wisely.
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India to overtake China growth from 2013-15 - Morgan Stanley
- Thread starter Yuvrajjj
- Start date
india may have a better potential in the short term, since china has been growing at breakneck speed for over a decade and so inevitably will slow down. china has the biggest balance of payments surplus, india has never had a surplus (afaik) and this is going to be vital in the coming years if the chinese manage their huge cash mountain wisely.
" the only thing going for india is a huge english speaking population that is used to outsource the mundane stuff noone in the west wants to do"
hmm.. The huge outcry over by IT professionals and politicians over outsourcing would seem to suggest otherwise.
hmm.. The huge outcry over by IT professionals and politicians over outsourcing would seem to suggest otherwise.
Quote from Manni:
india may have a better potential in the short term, since china has been growing at breakneck speed for over a decade and so inevitably will slow down. china has the biggest balance of payments surplus, india has never had a surplus (afaik) and this is going to be vital in the coming years if the chinese manage their huge cash mountain wisely.
in complete agreement here in fact I don't even think India offer better potential for the short term because the government politicians are so corrupt and shameless, you never know as investor what kind of monkey wrenches they are going to throw your way.
Quote from justfortrends:
" the only thing going for india is a huge english speaking population that is used to outsource the mundane stuff noone in the west wants to do"
hmm.. The huge outcry over by IT professionals and politicians over outsourcing would seem to suggest otherwise.
yes true, but they could couldn't get enough indians to come over in the boom years ( - upto 2005ish) , now the market has turned, its a new govt and a new war cry.