China’s 12th Five Year Plan announced this month contains few surprises. The bulk of the targets for the 2011-2015 period set out for different industries have already been leaked over previous months. If anything, the government’s economic strategy as laid out in the new plan justifies Business Monitor International’s expectation that there will be an… [Read more]
BMI‘s Infrastructure team has identified Australia as our favourite developed market, and here are the crucial reasons why I like Australia. Sophisticated Project Finance operations: Australia comes top in BMI’s global Project Finance Ratings. The country was one of the first to embark on the public private partnership (PPP) scheme using private funding to develop… [Read more]
Your correspondent has just returned from an 18-day odyssey through China, with the aim of having an adventure, but also with an eye for economic developments. China did not disappoint on either front. Anecdotal observations should always be taken with a large grain of salt when it comes to confirming economic assumptions, and this is… [Read more]