labels: banks & institutions
India, China rated as best investment destinations by top bankersnews
20 April 2007

New Delhi: According to a survey conducted by the powerful Washington think-tank Financial Services Forum, the CEOs of the top 20 global banking and financial services firms have ranked India and China equally as the world''s top two investment destinations with the most attractive investment opportunities.

According to the latest survey, conducted in the first half of this month, India improved its rankings from the second position in the previous survey conducted in October last year, even as China managed to retain its top slot.

The 20 CEOs ranked both China and India as the best investment destination with a score of 4.13 points each. In the October survey, China had topped the list with a score of 3.9 on a one-to-five scale, while India had come close second with a score of 3.7 points.

The respondents who were surveyed represent some of the biggest and most influential names on Wall Street and other global financial markets and the forum that hosts the survey, Financial Services Forum, represents CEOs of 20 of the Wall Street''s biggest firms - Goldman Sachs, Deutsche Bank, UBS, Morgan Stanley, AIG, Merrill Lynch, Bank of America and Lehman Brothers among others.

Charles Prince, the CEO of the world''s largest banking group, Citigroup, chairs the forum.

The CEOs rated restrictive trade policies as the most serious threat to the global economy with a score of 3.93, ahead of terrorism and energy prices.


 search domain-b
  go
 
India, China rated as best investment destinations by top bankers