Monday, December 04, 2006

Word of the Day

Chindia n. China and India taken together, particularly as an economic entity or market. [Blend of China and India.]

Example Citation:

'Chindia' is threatening the world's economic pecking order. The 'China-India' juggernaut will be a $16 trillion economy — on a 'nominal' basis — by 2020, predicts CLSA, a leading international securities research firm. ...

Here are some CLSA projections of what is to come: By 2020, Chindia will have one-third of the world mobile subscribers and a $100 billion mobile handset market. Its packaged food market size will be $480 billion, which is one and a half times the present US market and five and a half times the present United Kingdom market. The aggregate of bank loans in Chindia will be $9 trillion in 2020 — twice the current GDP of Japan.
—"Unstoppable 'Chindia'," Hindistan Times, October 15, 2006

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