17 Nov 2012
Same Wall, New Coating
The change of guard in China will not help Indian business
Trade talks launched during the visit of Chinese Premier Wen Jiabao in 2010 have not yielded any significant results.
The new dispensation will be like the old, so breaching the Great Wall of China is not going to be any easier now.
Indian demand for gold rose 9 per cent to 223.1 tonne in the July-September quarter. The World Gold Council has cited the revival of monsoon and re-stocking by traders before the festive and the wedding seasons for the spike.
(This story was published in Businessworld Issue Dated 26-11-2012)