Liao Chongwen, head of Fubon Resources Department: India's economic growth will be the highest among the BRICS.
Liao Chongwen, head of Fubon Resources Department: India's economic growth will be the highest among the BRICS.
According to the estimates of the World Bank, the momentum of global GDP growth from 2016 to 2017 almost comes from low-income countries, so developing countries have become the main driving force of global economic growth. In particular, India's GDP has been growing year by year since 2013, and is about to surpass China to become the most attractive investment market in the world.
Liao Chongwen, head of Fubon Quantification and Index Investment, said that looking around the world, the Indian market is the next rising investment talent after China. At the right time, the Indian market has mastered the three key advantages of today's financial markets; India is located at the key point of "Belt and Road Initiative"; and Renhe has been promoted by the New deal after Indian Prime Minister Narendra Modi took office in 2014, and the economic engine is running strongly.
Liao Chongwen further pointed out that the economic recovery in the United States, the slowing growth in China and the falling prices of commodities and crude oil are the three key factors affecting the financial market, while strong domestic demand in the Indian market, coupled with reduced pressure on the price of imported raw materials, is undoubtedly one of the beneficiary countries. According to Bloomberg statistics, India's total trade value of imports plus exports to the United States in 2014 was 21.6 billion US dollars, compared with 6.1 billion US dollars in 2009, an increase of 253 percent, indicating that its dependence on trade with the United States has greatly increased and can benefit from the economic recovery in the United States.
In addition, India is located at the key point of the "Belt and Road Initiative" geography, and huge infrastructure business opportunities have led India into a new era, while since Indian Prime Minister Modi took office in 2014, the New deal reform has increased government revenue, expanded infrastructure, continued to increase public sector investment, and promoted private sector investment through BOT and other means.
According to National Geographic statistics, the per capita GDP of India and China in 2014 was $5833 and $13217 respectively, and India's per capita GDP in 2014 was about the level of China in 2006. India's population, industrial structure, Internet penetration and other aspects of development, are hidden in the shadow of China in the past. At a time when the Chinese economy is slowing, the Indian market has a chance to pick up the show, with per capita GDP accelerating towards the target of $10, 000.
According to the International Monetary Fund (IMF) economic forecast for October 2015, India's GDP forecast for 2015 is as high as 7.3%, making it the most eye-catching emerging country. Manufacturing PMI has remained above 50 expansion points for two years in a row, and the economic engine is running strongly.
In addition, according to India's Central Statistical Office (Central Statistics Office), India's GDP rose from 7.0% to 7.4% in the third quarter of 2015, making it the brightest performer among the BRIC countries. Liao Chongwen pointed out that according to the GDP performance in the third quarter, India's growth momentum comes from strong domestic demand. In addition to the declining trend of exports, fixed capital investment and government expenditure have made a positive contribution to GDP. In particular, India's manufacturing sector accounts for about 18% of GDP, with a growth rate of 9.3% in the third quarter, which is the industry with the highest growth rate, indicating that Modi's policy effect of advocating "Make in India" is gradually emerging.
To sum up, Liao Chongwen stressed that looking forward to 2016, India's economic growth is expected to be the highest among the BRICS, international funds continue to move in, and the Indian market is promising in the future. Investors can use Fubon India ETF Umbrella Fund to build a complete investment map, give full play to the characteristics of long-short operation, with spot, futures and other derivatives, will be able to build a variety of investment and trading strategies, long-short is suitable.
- Prev
2016 South International Orchid booth Nanguan Tourism Bureau offers March limit on preferential admission
The 2016 Taiwan International Orchid Exhibition will be held in Taiwan Orchid Biotechnology Park. Tainan City Tourism Bureau specially combines the tourism industry in order to enable people who come to visit the Orchid Exhibition to enjoy rich eating, drinking and entertainment and local cultural customs experience.
- Next
Taichung Municipal Labor Bureau explained that 1057 jobs were transferred without assistance and middle-aged and elderly job seekers
In response to the trend of changing jobs after the Spring Festival and encouraging middle-aged and elderly friends to return to work, the Labor Bureau of Taichung Municipal Government held a joint recruitment activity of "Happy Middle-aged Employment and re-departure" at Yangming Municipal Building in Fengyuan from 9: 00 a.m. to 2: 00 p.m. on the 25th.
Related
- A course of planting techniques and methods on how to grow carrots
- How to plant the latest tulips?
- Is it better to pick tea in the morning or in the afternoon? When is the best time for tea to be picked? what is the third or fifth tea?
- Launch Yuanxiao Happy combination Haocha + Tea Yuan healthy Taste
- Penghu Tourism "Fireworks 20 Parade with You"
- 2022 West Lake Happiness holds "Digital Revitalization Voucher" and draws iphone13 and laptop.
- Banqiao Fuzhou social houses are designed to change start-up combined with police elimination to create a safe and livable environment
- The convenient measure of "mechanical weeding" in Xinbei has been abused and the Agriculture Bureau has imposed heavy penalties on the illegal land consolidation.
- Changgeng University Joins Hands with Four Memory Factories to Rescue Memory Talent Shortage
- The list of Taiwan's top 100 MVP managers is listed by the Director-General of the Farmers' Association of Sanxia District.