June 02, 2004
China, India and the 'Asian airplane' theory

Prime Minister Goh Chok Tong of Singapore created the 'Asian airplane' metaphor a couple of years ago. East Asia's 12 or so biggest economies are the airplane's fuselage, while India forms one wing and China forms the other.

This commentary assures the investors that the wings are more stable than they appear (Bloomberg News via IHT). The current uncertainty is only temporary and the fundamentals in both countries are strong.

Posted by Harshal at June 02, 2004 10:40 AM


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