Saturday, June 6, 2009

Asian miracle!

"More bullish on India than on China" Morgan Stanley's Asia Charman

"So China faces a challenge at a time when the India story has come together very nicely and wouldn’t it be ironic when the world is completely embraced the Chinese miracle for the real surprise in Asia has turned out to be India"

Source: www.moneycontrol.com
Morgan Stanley's Asia Chairman Stephen Roach commenting on issues such as economic trends, Asian markets, and the Indian economy, said he saw a cap on economic revival and added that the US consumer demand was still declining. ...

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