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Conferenza Tibet
Partito Radicale Centro Radicale - 1 gennaio 1995
INDIA BETTER THAN CHINA, SAYS EMERSON ELECTRIC.

Bombay, November 15. According Reuter corrispondent, "India has emerged after three years of economic reform as a better bet than China for global investors, the senior executive of a big U.S. electrical firm said on Tuesday. 'Comparing our Chinese and our Indian joint ventures, we find that it will probably be easier to achieve our profit goals in India than in China', said Jean-Paul Montupet, chairman of Emerson Electric Asia-Pacific, which makes electrical components in India through joint ventures. 'We may have higher sales growth in China but bottom-line profitability may be higher in India'," Montupet told an industry conference. He said big U.S. firms were trying to expand into Asian markets but until recently India occupied only a minor place in their strategies. India launched its radical economic reforms in 1991, a decade after China opened its economy to foreign investment". (EuroTibet News nr.5)

 
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