FINALLY!! there’s relief for frequent flyers between Mumbai and Shanghai! No longer will passengers have to wait at unearthly hours at airports during stop overs, or suffer 12 hour journeys, for an otherwise 7 hour flight. After two days of negotiations in New Delhi, Jet announced it would start flying the Mumbai-Shanghai-San Fransisco route from May 4th. Insiders also say there is a strong possibility Jet will soon start flying Mumbai-Beijing as well. Air India, which currently only flies to Shanghai is also expected to start flying to Beijing and Guang Zhou soon. India currently operates four flights to Chinese cities. China operates 18 flights to India.
(more…)

Post Footer automatically generated by Add Post Footer Plugin for wordpress.

The third ministerial meeting of the South Asian Association for Regional Cooperation Free Trade Agreement (SAFTA) hosted by India commenced on March 3, 2008 in New Delhi. Although SAARC – The South Asian Association for Regional Co-operation, comprising India, Nepal, Bhutan, Bangladesh, Sri Lanka, Maldives, Afghanistan and Pakistan, hasn’t had the desired impact that NAFTA (North Atlantic Free Trade Agreement) has made, changes are clearly in the pipeline.
(more…)

Post Footer automatically generated by Add Post Footer Plugin for wordpress.

If you were planning on climbing Mt Everest this summer, make alternative plans. In a bid to allow the Olympic torch to safely scale the summit of the world’s highest peak, both approach routes, to the Mt Everest peak – from the Nepal side and the Tibetian side will be off limits.
(more…)

Post Footer automatically generated by Add Post Footer Plugin for wordpress.

With the start of 2008 China has had its stock market surge, yet there are some questions. Already the impact of the Olympic games in August are being felt, as the Shanghai Composite Index at 5,272.8 points. While that is a mere 0.21 percent for the day, stocks related to the Olympics as well as Beijing-based and consumption-related stocks recorded gains of up to the 10 percent daily limit.
(more…)

Post Footer automatically generated by Add Post Footer Plugin for wordpress.

I have often found that some of the best information comes from the least expected places. For example I recently was at a Christmas party for a top NYC law firm. One of the people I met was a trader who specializes in Southeast Asia.

This trader believes that Japan, China, and Australia will all be exceptional areas of growth throughout the next 5 years. China is his personal favorite. I paraphrase…

“China has the sheer manpower that will help it outperform. In many ways it is similar to Japan of the 1950’s.”
(more…)

Post Footer automatically generated by Add Post Footer Plugin for wordpress.

It’s amazing the interconnectivity of the global stock markets and the thoughts that are held in various countries. This is especially true of China, and it’s stock market.

As noted earlier on this blog, China has ended a long Bull market and entered a Bear recently. The 20% drop has elicited calls of caution from noted investor Warren Buffett, and debate amonst brokerage house. Yet the outlook for 2008 is not quite that dreary.
(more…)

Post Footer automatically generated by Add Post Footer Plugin for wordpress.

Did anyone see Maria Bartiromo’s recent interview with Jim Rogers? Rogers of Quantum fund fame was wildly bullish on China and somewhat pessimistic on U.S. prospects. He’s still short the financials, negative on the dollar and he also believes that the U.S. economy is in recession. As he told Bartiromo, “The government lies; you know that.”

Rogers predicts that China will rule the 21st century or as he put it, “Rule the roost.“

Post Footer automatically generated by Add Post Footer Plugin for wordpress.