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


To: RealMuLan who wrote (5926)5/29/2006 9:19:58 PM
From: RealMuLan  Respond to of 6370
 
"Govindraj Ethiraj: For investors, China's intent is enough
...

India has lagged in the FDI race with China. Portfolio money always preferred India, proportionately. China now promises it will clean up its markets. And corporate governance as well. Looking around you in China, you tend to believe intent. It’s tough to do that in India, at least any more. Like repeatedly announcing a $150 bn infrastructure investment desire does not help when action is so little. Capital fleeing from Mumbai may or may not land up in Shanghai, but in the perception game, India is losing this one."

business-standard.com