It might not be just BRICS anymore when it comes to emerging markets but ‘3G’ economies as well.
India and China along with nine other economies have been identified as Global Growth Generators or 3G by financial services major Citigroup.
3G indicates sources of growth potential and of profitable investment opportunities.
“We identify the 11 countries which have the most promising growth prospects. Bangladesh, China, Egypt, India, Indonesia, Iraq, Mongolia, Nigeria, Philippines, Sri Lanka and Vietnam are our 3G countries,” Citi said in a report.