India

Post Card from Delhi

By Victor Hill Economics & Markets

5 mins. to read

New Delhi, Thursday, 01 October 2015 I was driven from Indira Ghandi Airport early this morning through bright late summer sunshine.  Thirty-three degrees Celsius; hazy pale diesel-heavy sky.  VW execs must love it here.   My second visit to this amazing country this year, I am almost beginning to feel like a regular.  And yet…

The sound of breaking China, or China by numbers

By Robert Sutherland Smith Economics & Markets

5 mins. to read

As my response to what seemed the panic and hysteria of the Great Fall of China last week, I got myself a pencil and the back of an envelope on which to do some revealing calculations. Although something has frightened the birds in the China stock market chicken coop, it certainly isn’t the result of…