New Reply

Post a Reply

Thread: Made in India competing with Made in China

Title: (100 characters at most)

Content: ( 3,000 characters at most, please )

You can add emoticons below to your post by clicking them.

[quote=MARRIE,269523]When I was in India, some of the CEOs I spoke with suggested the two economies were perfect complements. I responded that I doubted the Chinese wanted to complement any one’s economy, and that they would try to do everything on their own. And they are. Beijing is now trying to develop a globally competitive software industry through a combination of top-down initiatives, such as the State Council’s Document No. 47, which identifies a series of specific targets for the industry, and the Ministry of Science and Technology’s China Offshore Software Engineering Project as well as joint ventures with companies such as Tata Consultancy Services. 
Competition and following one’s own development path are not mutually exclusive. To some extent, I would think India should welcome and exploit the challenge from China. The fear of falling farther behind should inspire Indian politicians to make difficult decisions about economic reform much as the rise of China and India has encouraged a debate in the United States about basic science, the fiscal deficit, the state of education, and other factors of competitiveness.
Clearly we are seeing a historical righting of the balance of influence in the world, away from Europe and North America, and toward Asia. China and India will be major poles in this new world. India, as a multi-ethnic, tolerant democracy and developing economy, can offer important leadership to this new world. But for India to fulfill this role, it will still need to build the traditional measures of hard power. It will be better for China, India, and the United States if Indian strengths do not remain invisible.  
[/quote]

characters left

Name:

Get a new code