Gary’s thought for the month
Along with many others, I am fascinated by developments in China. It wasn’t always that way. Despite 17 years with HSBC (the first foreign bank to incorporate in China and with a long history in the country through its heritage in Hong Kong), I remained only moderately aware of its growing [...]
Is this the start of the changing of the guard?
According to economists and business leaders in Davos for the World Economic Forum, the global economy is growing, but the markets pushing that growth are China, India and Brazil and other “emerging” markets like them.
While the USA and Germany are predicted to grow this year, albeit [...]
Gary’s thought for the month
During August, China became the world’s second largest economy, overtaking Japan, and the Economist published an excellent feature on the China-India relationship.
The feature pointed out a largely unacknowledged fact: that until 1800 China and India made up half the world economy. We like to act like these two behemoths are the [...]