India to overtake China growth from 2013-15 - Morgan Stanley

Discussion in 'Economics' started by Yuvrajjj, Aug 23, 2010.

  1. Manni

    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.
     
    #11     Aug 23, 2010
  2. " 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.
     
    #12     Aug 23, 2010
  3. 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.
     
    #13     Aug 23, 2010
  4. Manni

    Manni

    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.
     
    #14     Aug 23, 2010