India has overtaken China as the most attractive investment destination, according to Ernst & Young (EY), with the sharp depreciation in the rupee and opening up of new sectors to foreign players boosting the South Asian nation's allure. This according to report published on CNBC. Companies are most likely to...
GDP: Comparing Countries Over Time
The rise of Eastern economies is more properly called the "return" of these erstwhile economic powerhouses, especially China and India. (Note that Angus Maddison did not seem to value the pre-Columbian nations of the Americas at all in his analysis, so the numbers are perhaps a bit skewed).
China, India leading in tourist spending in U.S.
According to Los Angeles Times, visitors from China are now the biggest-spending travelers to the U.S. In all of the U.S. the average spent as a whole by Chinese visitors is $7,105, by Indian visitors is $6,659, by Brazilian visitors is $5,604, and by Japanese visitors is $4,541. In California...
Labor costs in China are rising
According to an article on EMSnow.com, labor costs in China are rising fast due to pressure from human right organizations but also from government regulations to avoid social unrest and rising middle class expectations. CBA forecasts that the costs might keep increasing in the next two or three years. According...
Top Asia Pac investment destinations
According to the FDi report 2013, here are the five destinations which were preferred to invest in Asia-Pacific in 2012. As you can see, China is the favorite country for FDI, quickly followed by India with a number of projects reaching 704. In total, the region of Asia-Pacific has attracted...
Manufacturing competitiveness by Country
Ranks for 2013 Rank Country Index score (10=high, 1=low) 1 China 10.00 2 Germany 7.98 3 USA 7.84 4 India 7.65 5 South Korea 7.59 Expected ranks in five years Rank Country Index score (10=high, 1=low) 1 China 10.00 2 India 8.49 3 Brazil 7.89 4 Germany 7.82 5 USA...