Research shows that China has emerged as the strongest contender in scientific research, much ahead of the US and Japan over the past three decades. China’s growth had put it in second place to the US—and if it continues on its trajectory, it will be the largest producer of scientific knowledge by 2020.
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India has embarked on a $500-billion plan to expand and upgrade its highways, airports and other transportation assets by 2012. More than 13 million cars and light trucks were sold in China in 2009. Growing demand from emerging economies is set to drive the demand for oil, steel, copper, cement and other resources.
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As inflationary pressures mount, increasing number of investors are looking for gold as a safe heaven to keep inflation blues at bay. According to a quarterly survey by ING, 45% of investors in the region's markets outside of Japan picked the precious metal as their most favoured tool to protect their returns from inflation, while 42% chose equities.
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