China or India: The economist's view

Standard Chartered’s chief economist sets forth his views on the relative merits of Asia-Pacific’s two emerging behemoths.

China or India The question about which of these two countries represents the best potential is one of the big decisions facing companies looking to invest in Asia. Gerard Lyons, chief economist and group head of global research at Standard Chartered Bank, believes that both of these mammoth economies represent enormous opportunity, but both also involve some risk.

Addressing this issue last month at Sibos, the annual transaction banking conference organised by The Society for Worldwide Interbank Financial Telecommunication Swift in Amsterdam, Lyons began by noting that the world has experienced two super-economic cycles’. The first occurred at the end of nineteenth century lead by the US, while the second was after World...

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