The rise and rise of Asia
Many of you must have picked up these two (separate) news-stories from a few weeks ago…
1. Mukesh Ambani, Chairman and largest shareholder of Reliance Industries (India) reportedly became the world’s richest person - partly owing to the rally in the Indian stock market.
2. PetroChina became the world’s first trillion-dollar firm when it floated on the Shanghai stock exchange a few weeks ago.
I wonder if this just the beginning of The Great Reverse?
