09.08.2010 - No asset bubble cycle in India: Christopher Wood
From Indiatimes.com: My view is that the risk of asset bubble is greater in markets like Hong Kong, Singapore and China. And in India, there is a fundamental way in which the liquidity can be deployed, and that is the infrastructure story. In Singapore and Hong Kong, they donít need to build lots of infrastructure. In India, there is a fundamental need for infrastructure. So, you could have an infrastructure-led investment cycle for the next 10 years, and you would not be worrying about excess investment. So personally, I am less worried about an asset bubble cycle in India...............................................Full Article: Source
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