Word: china
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...been courageous," says Senator John Kerry, who has been working with Graham to put together legislation. In return for his support, Graham has won support for nuclear power - South Carolina has seven reactors with another four scheduled to be built - as well as clean coal and tougher language on China and India's involvement in the international process...
...world. Imports account for only a tiny fraction of that, but with India booming while demand elsewhere stalls, no international beverage company can afford to ignore it. Over the next five years, the Indian market for alcohol is projected to grow at 10% a year - more than in China, the U.S. and Europe combined, according to an estimate by KPMG India. "You've got a sizable population, a growing middle class, a growing economy," says Nigel Fairbrass, a spokesman for SAB Miller, one of the world's largest brewers. "All of that is driving increasing consumption of alcohol products...
...exported in 2008. As factory output grows, India's economy as a whole will get a boost, says Abdul Majeed, who heads the auto practice at PricewaterhouseCoopers in Chennai. Currently, the auto sector accounts less than 1% of India's gross domestic product, says Majeed, compared with 3.5% in China and 4.5% for the world as a whole. Economists say the automaking could account for 10% of India...
...terms of overall market size, India remains relatively small with about 1.8 million vehicle sales a year compared with China's 6 million. But the economy of the world's second most-populous country is growing by about 7% a year, offering tremendous upside. There are just 11 cars on the road for every 1,000 Indians, according to a Deloitte report, compared with 511 in the U.K. and 22 in China...
...case. A British newspaper recently published what it claimed was new evidence that Iran is developing weapons components, although the authenticity of the documents concerned has yet to be established. But Tehran's lack of cooperation with the International Atomic Energy Agency will likely compel even Russia and China to support some uptick in U.N. sanctions...