China, India vulnerable to oil spikes: S&P |
Our Bureau / Mumbai September 19, 2006 |
The economies of China and India are vulnerable to a potential oil price shock although the respective strengths and weaknesses of the countries means the impact of such a shock would vary in degree and focus. Japan, on the other hand, would fare better than most developed countries given a potential oil price shock. Three reports published on RatingsDirect, Standard & Poor |