Inflation is the new evil seeping into China and India, slowly eroding value, inflating asset bubbles and making common consumer durables such as food and clothes more expensive for the common man. In order to curb inflation, India’s apex bank, the Reserve Bank...
Despite the economic slowdown, China’s economy boomed beyond expectations in 2009 – GDP grew 8.7 percent to US$4.9 trillion against Beijing’s forecast of 8 percent, and a tad slower than 2008 which clocked a growth of 9.7 percent. China is now on...
The Indian government plans to amend the Companies Act this budget session to enable aligning Indian accounting standards with the International Financial Reporting Standards (IFRS). New Delhi hopes to migrate to an internationally accepted accounting standard by...
China like India cannot be surmised in one sweeping view. Rather, each of the 31 provinces that make up the middle kingdom varies with respect to laws, taxes, governments, cultures and GDP growth rates. Best viewed as separate countries, it is important for...
If you plan to enter China, but are unsure of the business potential and do not want to invest considerable capital but would rather spend the first few months understanding / scoping out the investment landscape in your industry Representative Offices will be your...
