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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (1344)	11/11/2003 12:30:02 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

China and India make comeback Monday view, Daily Mail 11 November 2003 WHAT was the world like in the 19th century? It was very different. Yet, in economic terms, there were some remarkable similarities that help us understand what is happening to the world today. Let me highlight four economic lessons we should heed from back then. First, history teaches us not to be surprised by China and India's reemergence as economic powers. In the early 19th century, China and India accounted for more than 45% of global GDP. Yes, almost half the world economy! Standard Chartered Bank, which is 150 years old this year, opened its first two branches in Shanghai and in Calcutta. China and India were the world's big economies. Their huge populations gave them both a great advantage, just as they do now. thisislondon.co.uk