Note India is the 2nd faster growing economy in the world and presents a lucrative market for US MNCs facing a slowing domestic economy.Also unlike China,India does not have a deficit-surplus issue with the US.India is a crucial market for US which wants to double exports in the next 5 years.India can put punitive duties on imports of aircraft products.Note US exported more than $2 billion in airplane and space parts from the US in 2009 and is expected to grow this strongly in 2010 as well.India can easily replace Boeing with European manufacturer Airbus.India will be the biggest aircraft market in the world in the next 5-6 years as air traffic explodes.Airbus and Boeing are fierce rivals with their disputes frequently putting EU and the US government in WTO disputes.
Midfield Industries was another overpriced small cap IPO in the Indian market which listed on 4th August.This stock not so strangely has almost doubled in price since its listing as the stock gets gamed like the other small cap junk IPOs in the Indian Market.I had written about the Real Life Manipulation of Aster Silicates […]
While US-China relations remain normal with the biggest trade relationship in the world,there is always an undercurrent of mistrust between the world’s two largest economies.Chinese companies have been repeatedly blocked from acquiring US assets and technology due to Security Concerns.This is quite notable as US does not normally reject any foreign takeovers of its companies.Recently […]
Note CPV like the Thin Film Technology saw investments during 2007-2008 when the Polysilicon Prices were quite high at $400/kg.With prices crashing to $50/kg in 2009 and 2010,these technologies ran into a lot of problems.CPV is making a comeback as traditional c-SI based cells are reaching the upper limit of their efficiency.Sunpower which makes the most efficient PV cells recently said that it would look at CPV technology to improve the efficiency of their 24% cells further.Note that Efficiency improvements is the most important cost cutting measure for Solar Technology which would lead to its mass adoption.
Chinese Firms are not exactly renowned for their Environmental Credentials and the weak regulations in African Countries does not give them an incentive to be so.Concerns were raised about the impact of a Chinese Ore Mine in the forests of Gabon.With lax oversight and easily corruptible administration,the Damage is already Done before it can be Stopped.Africa countries in general are ruled by Undemocratic, Corrupt rulers which are willing to go along with Environmental Degradation in return for Bribes.
the administration had done nothing.Instead of setting out a Renewable Energy Standard or a Feed in Tariff Policy,the President seems busier in giving speeches and photo-ops.The result has been that USA is lagging far behind Europe and China in the Green Energy area.Deutche Bank Asset Management which invests $6-7 billion out of its $700 Billion corpus in the Green Sector,has made a scathing attack on the lack of US Federal Support for Green Industry.The Bank said it would totally bypass US in making Green Investments and concentrate its energies on China and Europe.Solar Companies are already outsourcing Green Jobs to Mexico and China. US Companies are already recognizing China as a Leader in the Clean Technology Area .