India’s Reliability Provides a Razor Thin Edge Over China
Martin Hutchinson (August 11th, 2008) Writes:
By Martin Hutchinson
Contributing Editor
With sky-high growth potential, China and India are the two markets no investor can afford to miss out on. But that doesn’t mean they’re impervious to market turbulence, and in times of trouble, India is the more reliable investment.
No doubt, both countries’ markets are suffering this year, with China’s Shanghai A Index down 50%, and India’s Sensex Index down 25%. It’s no secret that India is struggling with both a growing budget deficit and mounting inflationary pressure. But China has problems too – it’s just hiding them under the carpet until the Olympics are over.
That’s why, for me at least, the investment decision is clear – I’ll buy the country whose problems are out in the open and already reflected in stock prices.
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bank of china, Beijing, China, China, Commodity Prices, Credit Crunch, energy, Energy Subsidies, food, food price controls, Generic Pharmaceuticals, Gross Domestic Product, India, India, Indian Government, Infosys Technologies Ltd., Market Commentary, Market Turbulence, Martin Hutchinson, Oil Prices, Olympic, olympics, quiescent population, Reddy, sensex index, shanghai, state-owned oil, Stocks to Watch, The Reserve Bank of India, United States, USD, wheat prices
bank of china, Beijing, China, China, Commodity Prices, Credit Crunch, energy, Energy Subsidies, food, food price controls, Generic Pharmaceuticals, Gross Domestic Product, India, India, Indian Government, Infosys Technologies Ltd., Market Commentary, Market Turbulence, Martin Hutchinson, Oil Prices, Olympic, olympics, quiescent population, Reddy, sensex index, shanghai, state-owned oil, Stocks to Watch, The Reserve Bank of India, United States, USD, wheat prices


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