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Magazine
Editorial Insight
Rising intra-emerging market trade and investment creating new momentum
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http://www.engineeringnews.co.za/article/rising-intra-emerging-market-trade-and-investment-creating-new-momentum-2010-08-13
Article Headline:
Rising intra-emerging market trade and investment creating new momentum
Abstract:
The high-speed rail link China Railway Construction Corporation is building in Saudi Arabia doesn’t just connect the holy cities of Mecca and Medina. It shows how Asia, the Middle East, Africa and Latin America are holding the world economy together. Ties between emerging markets form what economists at HSBC Holdings and Royal Bank of Scotland Group call the “new Silk Road” - a $2,8-trillion version of the Asian-focused network of trade routes along which commerce prospered starting in about the second century.
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