Reuters reports that the ratings agency Standard & Poor’s raised its India GDP growth forecast to 7.9 % from 6.2 % for the year ending March 2016, citing rising investment and low oil prices. The agency also raised its growth forecast for 2016-17 to 8.2 % from 6.6 % previously....
Shanghai Rising
For Western companies, it was conventional wisdom that you located your Asia-Pacific office in either Hong Kong or Singapore. Both cities offer modern amenities for expatriates and both have a cosmopolitan air about them. But the world has changed. A Chinese survey of 112 companies found that 78% of them...