India’s economy can drive global growth and excite investors
Geopolitics is in India’s favour and its growing wealth will have positive spillover effects for the world
Add BT as a preferred source
Leslie Yee
THE battle for supremacy between the US and China could dominate geopolitics over the next few decades.
With big domestic markets, strategic allies and technological prowess, these two powers should see their economies grow, but possibly not at rates that will help turbocharge the global economy.
Since China began to open up and reform its economy in 1978, its gross domestic product (GDP) has grown by an average of close to 10 per cent a year. China’s growth has made it the top trading partner of many Asian countries.
TRENDING NOW
Jardine C&C selling Singapore, Malaysia dealerships to Indonesia’s Chandra Asri for US$221 million gain
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Stocks to watch: Jardine Cycle & Carriage, Creative Technology, CNMC Goldmine
Malaysia’s Genting posts Q2 net loss despite 14% rise in revenue
