SUBSCRIBE NEWSLETTER
  • Change Language
  • English
  • Hindi
  • Marathi
  • Gujarati
  • Punjabi
  • Tamil
  • Telugu
  • Bengali
  • Tutorials Interesting facets of Emerging Markets - 9

    Interesting facets of Emerging Markets - 9

    Mirae Asset Knowledge Academy Nov 25, 2014

     

    Continuing with our earlier article please find some more interesting facts about emerging markets, which will highlights how attractive emerging markets are:

    1. China Becomes the First Country to Sell +20M Cars in 1 Year

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    In 2013, China sold 22 million cars, becoming the 1st country ever to sell more than 20 million cars within a single year. The figure is a 14% increase over the previous year. In the meantime, the US sold 15.6 million cars, slipping down a spot as the second largest market for automobiles.

    2. Which EM has the Most Economic Freedom?

     

    Chile ranked no.1 among the emerging countries in the Index of Economic Freedom, a measurement of progress towards economic freedom carried out by the Heritage Foundation. Chile was followed by Colombia and Malaysia, while BRIC members such as Brazil, India and China were located in the relatively lower zone.

    3.   China, the World's Largest Bicycle Market

     

    China, where electric bicycles are the most widely used vehicles, holds more than 140 million electric bicycles as of 2012, which means that on average, one out of ten people owns a bicycle. China’s electronic bicycle market, already accounting for more than 90% of the global market, has expanded quickly with an average growth rate of 11.3% from 2009. By 2013, its size is expected to reach approximately USD 11.4 billion.

     

    We will share some interesting facts about emerging markets especially India and China in our subsequent articles.

     

    Mutual funds are subject to market risks, read all scheme related documents carefully.

     

     

     

    Have a query or a doubt?
    Need a clarification or more information on an issue?
    Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

    Click to clap
    Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.
    0 Comment
    Be the first to comment.
    Login or Sign up to post comments.
    More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

    Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.