Institutional Investor (June)
2010/ 06/ 28 by jd in Global News
Emerging countries are increasingly driving the global economy. The U.S. subprime crisis and the European debt crisis have accelerated a “new world order.” Investors who used to look to the U.S. for leading indicators now “find themselves monitoring Shanghai apartment prices and Chinese iron ore imports.”
Emerging countries are increasingly driving the global economy. The U.S. subprime crisis and the European debt crisis have accelerated a “new world order.” Investors who used to look to the U.S. for leading indicators now “find themselves monitoring Shanghai apartment prices and Chinese iron ore imports.”
Tags: China, Debt crisis, Emerging markets, Europe, Subprime crisis, U.S.
