China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...

Introduction: building stories -- Routes of accumulation -- Speculating on Indian futures -- The India story -- Betting on the future -- Constructing consumer India -- Conflict and commensuration -- Transparency and control -- Developers' quest for credibility and capital -- Quality projects I:...