09.05.2013 13:28

A Tale of Two Giants

The elephant and the dragon are entering a new chapter, and the main question they both face is whether they will reform before a crisis or after
By Andy Xie
 

India and China are suffering growth challenges. While the immediate reasons for the challenge – overdependence on hot money for India and overreach of the export/investment model for China – are different, both missed two golden opportunities to address their problems. The first was when the global economy was booming before 2008; the second came when global liquidity was rising from 2008 to 2012.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
COMMENTS (0)
Sign up to receive our free daily newsletter

LATEST VIDEOS

Latest Issue
On the Cover:

Kingdom Collaboration

An interview with the CEO of the Saudi kingdom’s oil giant points to closer ties between China and its largest crude supplier


Issue 89
May , 2015

POPULAR GALLERIES

SUBSCRIPTIONS

Caixin-China
Economics & Finance
Latest Issue:
Kingdom Collaboration
An interview with the CEO of the Saudi kingdom’s oil giant points to closer ties between China and its largest crude supplier
Issue 89
05.01.2015

Subscribe       |       Newsletter        |        FAQ