Supply Chain View

I’ve just picked up this interactive chart from The Economist. I’m particularly interested in the risk of overheating in the Indian economy, as my most recent trips there certainly make me feel there is a bubble inflating, if only based on the simple heuristic of the number of property speculation SMSs I get on my Indian phone.

The domestic logistics infrastructure in India is still very undeveloped. A post-bubble crash would undoubtedly pause physical infrastructure investment, and without an expansion in the domestic consumer market the sector will struggle.

China looks less risky in this analysis, but Hong Kong looks dicey, as do countries in China’s backyard such as Vietnam.

Read more here: http://www.economist.com/blogs/dailychart/2011/06/overheating-emerging-markets-0?fsrc=scn/tw/te/dc/temperaturegauge