October 08, 2004
Improved economies in China, India mean trade boom for developing countries
China and India supply the demand (Asia Times Online)
A UN report says that China and India will be big markets for commodities like cotton, rice, coffee, cocoa, palm oil and rubber. This will translate into great trade for developing countries that produce them.
A $100 increase in the per capita income of these two countries (representing a 10% rise in China and 20% for India) would translate into about $230 billion in additional demand for commodities.Posted by Harshal at October 08, 2004 04:20 PM
Comments
beware indians!
go swadesi!
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