China And India On The Fast Lane

China should be 2035 the world’s largest economic power, India the number three. McKinsey is likely to agree. Beijing is currently the largest construction site in the world. 30 000 people working around the clock on different projects. So two stages must be completed up to the start of the Olympic Games in 2008. New subway lines, more than 80 percent of the residents are connected to the sewage system and filter systems should provide clean air in industrial enterprises. The goal: The Chinese capital wants to make a quantum leap in the development. Not only in the building for Olympia are fast Asia: in China grows the economy for more than a decade to at least Oh percent per annum.

India is developing similar dynamically. Jim O’Neill, head of people host at Goldman Sachs, showed in 2004 as first, that these countries surpass the G6 States, so the six established economies of the world, in the year 2042 when the gross domestic product (GDP). China would achieve the same year for the first time as the United States a higher GDP so the forecast. Now he improved “native English to: we have underestimated the growth in Asia.” After his new calculations, O’Neill believes that China has a higher national income already 2035 from the United States. For investors an important message: while U.S. stocks are 48 percent of the market capitalization of the global indices, MSCI World, the proportion of China’s and India’s is together at a meager 1.6 percent. Investors stepping up therefore the share of the two countries in the depot and benefit funds and certificates from the fastest growing region in the world. Whether shares or funds in each long-term storage, an important component should be Asia. Shrewd investors divide their investment on several products.


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