India: Next Growth Engine of the world | read this item
Just how fast can India grow? Ask Manal Farooq, who can’t make gloves quickly enough.
“We are facing a major problem,” said Farooq, a senior executive at Marvel Gloves Industries, which produces 3 million pairs of gloves a month, most used in industrial production in India. “Despite importing gloves we are not able to meet demand.”
The [...]
Goldman Sachs Poll: Interesting results | read this item
Goldman Sachs conducted a Global Macro Conference – Asia 2010 (Hong Kong on February 9-10). Throughout the conference, GS conducted a pol with the 800+ participants on a variety of macro issues, and summarized below are some of the key findings.
Do you think 2010 world GDP will be stronger or weaker than consensus?
1. Stronger: 49%
2. [...]
China Electricity Growth: 40% Rise | read this item
China’s electricity consumption in January 2010 grew 40.14 percent year-on-year to 353.1 billion kilowatt-hours (kWhs), the National Energy Administration (NEA) said in a statement on its website Friday. The electricity consumption volume was 2.7 percent higher than that in December 2009, said the NEA.
Consumption in the primary industry sector topped 7 billion kWhs last month, [...]
Chinese new loans surge in Jan 2010 | read this item
China’s new yuan-denominated lending in January stood at 1.39 trillion yuan ($203.5 billion), down 14.2 percent from a year earlier. In January last year, Chinese financial institutions issued a total of 1.62 trillion yuan in new loans. In total, China’s yuan-denominated lending in 2009 hit a record 9.59 trillion yuan, almost double that of the [...]
China Migration: An opportunity of a life time | read this item
China undoubtedly is the future of world growth. People who question its growth only needs to visit the country once and I promise you, that you will never doubt it ability to lead the world out of the recession.
The country is on unparalleled infrastructure and capacity creation mode which is pulling the world factories and [...]
China GDP accounting: A Major overhaul? | read this item
It is high time that China respond to the world on bringing a higher degree of standardization across their GDP calculation as reported by National Bureau of Statistics (NBS) and Provincial states GDP Numbers. It has been reported that some local officials inflate the GDP figures they report to the NBS to show how [...]
The American Economy: Introspect and Mull | read this item
In my continuing series of analyzing country data and macro balances, I present the American economy and the long term patterns.
My previous post was on India: Why am I so Bullish on India?
The American dream has been under severe test over the last 2 years. Many have written it off while there are a few [...]
The shape of this economic recovery will not be in a “V”, as many pundits have promulgated, but instead may be the inversion of that letter…which will unfortunately look much more like a tepee. The upcoming downfall will surprise most investors who have been tricked into believing that a government can print and spend their way into prosperity.
More Impressive Economic Numbers for China | read this item
Beijing on Friday announced its economic numbers for November and analysts are saying they are good news for China as it coasts towards 2010. Strong economic growth continues to be powered by state spending through the $586 billion stimulus package as well as substantial lending (total credit and money growth was up 34% in November [...]
Japan reported a stupendous GDP fugure of 1.2% for the quarter while economists had expected 0.7%.
What I am still trying to understand, is where are the exports going ? US,EU and China have all reported spectacular GDP growths propelled by reviving exports. What is rather intrguing that all major eeconomies are growing by exporting rather [...]
Chinese new loans surge in Jan 2010 | 
The American Economy: Introspect and Mull | 
