China and India are ancient cultures, both still mainly impoverished, both mainly rural, each embracing change and both at the centre of hedge fund allocators' gaze.
James Breiding, managing director at Switzerland's Naissance Capital, notes this is largely where the similarities stop. "You have one economy which is service-based, India, whereas the Chinese economy is largely manufacturing, competing on the basis of cost. One democratic, the other autocratic."
Which you choose may not matter
- Banks hope final FRTB rules will ease NMRF burden
- Functional programming reaches for stardom in finance
- Asia moves: Natixis sales head moves to Barclays, new banking head for StanChart Singapore, and more
- Buy-siders eye ways to get ahead of US resolution stay rules
- Brexit novations ‘on hold’ to gain reg relief