Global Themes

On Globalization & Venture Capital

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?

November 12th, 2007 Posted by | China, Emerging Markets, India | one comment