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New champions – Davos Asia

Dalian skyline

Inside this issue

• After expanding in Asia and Africa, China’s builders will find the developed market tougher to crack

• Global megacities get much attention but phenomenal growth is happening in Asia’s second-tier metropolises - -

Content

Globalisation cuts both ways

Brics are the clear winners as the developed nations look to emerging markets for growth, reports Stefan Wagstyl

Construction: Chinese builders target contracts in EU and US

Simon Rabinovitch thinks developed markets will be tougher to crack

Car parts makers: Vehicle-buying surge in Brazil fuels component sector

Foreign companies move in as consumer spending soars, writes Samantha Pearson

Profile: Russia’s UAC seeks take-off in civilian market

Charles Clover considers ambitious moves by the aerospace giant to compete outside of defence

Urbanisation: Visions differ as world cities build for the future

For a long time the world’s attention has been focused on the seemingly unstoppable growth of the megacities, writes Edwin Heathcote

Aviation: No-frills approach gives IndiGo lift

The low-cost carrier has been hailed as one of India’s hottest and best run companies, but analysts question whether its business model can weather global turbulence, writes James Fontanella-Khan

Africa: Food groups aim expansion recipes at local consumers

Multinationals are shedding their fears and adapting well, writes Louise Lucas

Dalian: Green slopes slowly disappear under waves of high-tech industry

Many complain that a focus on investment has replaced a priority for environmental protection, writes Kathrin Hille

Bites from beyondbrics

A selection of recent blogposts by FT writers in India, Brazil and Vietnam