(3) My comment: The following two reports are from Financial Times, about
Mumbai (formerly known as Bombay). To my dismay, Mumbai won't be able to
catch up with Shanghai. By extension, India will remain lagging behind China.
(a) Joe Leahy, Urgency is lacking in spite of chronic deterioration. FT, Dec
. 16, 2009.
http://www.ft.com/cms/s/0/14fa3852-e9ce-11de-ae43-00144feab49a.html?nclick_check=1
(b) Joe Leahy, Mumbai uproar over early opening. FT, Dec. 18, 2009.
http://www.ft.com/cms/s/0/aac641b0-eb76-11de-bc99-00144feab49a.html
(Investors in Mumbai could not get up at 9 am for the new hours, because
they work late and return home even later due to traffic snarl)
My further comment: The report states that Bombay Stock Exchange (BSE) "
claims to be Asia's oldest exchange." I checked and BSE was formed in 1875.
Tokyo Stock Exchnage was established in 1978, and foreigners founded
Shanghai Stock Exchange in 1891.
(4) Keith B. Richburg, Mainland Chinese mothers deluge maternity wards of
Hong Kong hospitals.
http://www.washingtonpost.com/wp-dyn/content/article/2009/12/19/AR2009121902159.html?hpid=moreheadlines
My comment: I do not know how one can make "maternity ward bookings" as
actual delivery seems unpredictable to me.