On Tuesday, I watched Chinese models wearing saris and red bindis catwalk to the sound of Jai Ho, inside the Beijing Raffles hotel located on the avenue leading to Tiananmen Square.

Several times this month across up-market parts of the capital, I encountered India marketing like never before. Nobody is talking about profit. They just want to get the attention of Chinese consumers and hope that they may spend. New businesses that were planned long before the panic saving of the recession hit home, are opening with prayers to survive the crisis year. Read more

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