STOCK MARKET:CHINA

As China begins to taste the ups & downs in the markets, its appetitive for taking risks and aligning itself with global speculators will only increase in the near future
 
However, despite the melt-down in the markets, “the outlook on the Chinese mainland banking system remains stable rather than positive as continued strong economic growth is counterbalanced by the structural problems faced by the banking sector,” Standard & Poor’s informed B&E.

The million dollar question obviously is, will Chinese Government intervene to boost dwindling morale of its retail investors and ensure that they have full domestic backing for hosting Olympic Games? Apart from maintaining optimum pollution levels, the Chinese Government is already grappling with the snowstorm, the worst in past 50 years.

The stock markets have already made the contingency plans ready to meet the eventuality of worsening weather and eventual power blackouts. It is reported that Shanghai Stock Exchange has a 30-tonne oil store – enough to supply power for one week. China will soon learn to grapple with the busts & boon in the markets. It will have to soon imbibe that it cannot remain de-coupled from the global economy for too long.

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Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles.
 
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French Potpourri!

A sinful concoction is what you are headed for if you are Reunion Island bound. Spectacularly jutting out of the Indian Ocean, this small piece of negligibly-inhabited France calls for an unparalleled holiday experience. The Island is an amalgamation of picturesque scenery, enthralling adventure and exquisite hospitality. One of the most intriguing destinations in the world, this is an island of contrasts. With an active volcano on its South coast, breathtaking beaches in the west and a wide range of lush welcoming forests and awe-inspiring mountains, Reunion has a lot on its platter. Activities range from canyoning the island’s various waterfalls, surfing on high tides and paragliding, to simply chilling out and soaking in the sun. Reunion Island is not only nature’s marvel but is also rich in history, cultural diversity, art and architecture. Although Reunion is predominantly inhabited by the French, Indians, Africans and Chinese, the fact remains that Reunion’s roots lie in France since its discovery in 1643 by French travellers.

Reunion Island has an aura which induces adrenalin as well as romance. Often addressed as Reunion’s Riviera, the West coast of Reunion has a string of sun-kissed beaches. Those unwilling to get a tan can pay a visit to the Cirque de Cilaos, which is known to have the most ostentatious, dangerous and iconic canyons. With a bizarre knack to belittle even the most adrenalin-pumping adventurers, Reunion also boasts of astonishing deep ravines, meandering courses, stimulating forests and of course the crooked toothed volcanoes. A variety of soaring peaks, gushing waterfalls and ideally nestled hamlets atop widening mountain roads also call for a visit from the nearby Cirque de Salazie. The scenery from this relatively flatter Cirque is scintillating while one enjoys the freshness of the incredibly lush vegetation, refreshing falls and soaks up on the fading rays of sun.

After roughing it in the Cirques, it’s time to take a breather with a visit to the glitzy town of Boucan Canot, which is known for its style and fashion sense. This small town presents itself with a subtle grandeur and offers interesting keepsakes to its tourists. Although Reunion’s inhabitants are administratively French citizens, but with its multicultural background it showcases several facets of its mixed ethnic conglomeration. A short yet spectacular visit to the town-hall Mairie at St-Leu speaks volumes of French architecture that dates back to the French colonial era.

Read more....

Source : IIPM Editorial, 2012.

An Initiative of IIPM, Malay Chaudhuri 
and Arindam Chaudhuri (Renowned Management Guru and Economist).

For More IIPM Info, Visit below mentioned IIPM articles. 

Prof. Rajita Chaudhuri's Website
domain-b.com : IIPM ranked ahead of IIMs
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IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
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