The magical land of Chindia

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VladtepesAccording to travel guides, Chindia is a place in Romania where Vlad the Impaler, a bloodthirsty 15th-century monarch who inspired the fictional Count Dracula, watched his victims put to death. But in the argot of today's financial markets, Chindia is a magical land where China's and India's economies supposedly combine to produce untold riches…[It] is no more useful to bracket China with India than with King Vlad, who, when not ruthlessly suppressing dissent, shared Beijing's concern with improving the roads, reining in renegade provinces and periodically purging corruption.

Guy de Jonquieres deconstructs the myth of Chindia in an action-packed article from The Australian.

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