CHIMEAChina, India, the Middle East and Africa (trade)
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Al Maktoum noted that investors from CHIMEA have US $4.1 trillion to ivest, and real estate development remains an attractive destination for capital--but strong markets can turn sour quickly.
More than half of the world's population now lives in the CHIMEA countries, and if current demographic trends continue, the region will by 2050 account for two out of every three people on the planet.
In the emergence of CHIMEA as a new factor in global commercial affairs, we may also be seeing the future contours of the world's geopolitical system.
Moreover, if one considers most of the projected growth rates for India and China, the CHIMEA connection appears likely to strengthen throughout this century.