Join us for a Webinar on February 24
The central premise underlying this global virtual seminar is that being present in China and India is not the same thing as getting China and India right.

Most CEOs and their senior colleagues are well aware that the world's economic center of gravity is shifting from the developed to the emerging economies, in particular China and India. Notwithstanding this general awareness, very few truly grasp the magnitude and pace of change and the multi-faceted nature of the new reality. Some of the most common mistakes include: viewing China and India solely from the lens of off-shoring and cost reduction, building marketing strategies that are centered around just the rich cities and the top 5-10 percent of the population, naiveté regarding the choice of local partners, and treating these two countries as peripheral rather than core to the company's global strategy.

Putting in place the right strategies, as outlined in this webinar, is crucial to leveraging these economies for global advantage.

Dr. Anil K Gupta is the author of over seventy papers and four books: Getting China and India Right, The Quest for Global Dominance, Smart Globalization, and Global Strategy and Organization. He is the Ralph J. Tyser Professor of Strategy and Organization at the Robert H. Smith School of Business, The University of Maryland at College Park.

Haiyan Wang is Managing Partner of China India Institute. She is the co-author of two books: Getting China and India Right and The Quest for Global Dominance-2nd Edition. Her opinion pieces have appeared in top international media such as The Wall Street Journal, The Economic Times, China Daily, and The Times of India.

Cost: FREE
Title: Getting China & India Right
Date: Tuesday, February 24, 2009
Time: 11:00 AM - 12:00 PM EST

Space is limited.
Reserve your Webinar seat now at:
https://www1.gotomeeting.com/register/897552557

Emerald Group Publishing Ltd is pleased to offer ICA Institute readers free access to its journal Chinese Management Studies during February.

Launched in 2007, Chinese Management Studies is already showing signs of becoming a significant force in the international business and management field worldwide. The journal provides a unique and insightful approach to documenting and disseminating research into Chinese processes of managing enterprises, firms and corporations. Integrating both qualitative and quantitative research, it provides in-depth analysis of Chinese managerial thinking, philosophy and processes, together with empirical pieces on Chinese management.

The online trial includes access to the 2008 special issues 'China's emerging knowledge economy' and 'Emerging themes in Chinese management'.

To access the journal visit www.emeraldinsight.com/cms.htm , see the table of contents and - when prompted - enter the following:

Username: ICAinstitute
Password: china2009

For more information on the journal, please contact the Publisher, Martyn Lawrence, at mlawrence@emeraldinsight.com

Call for Papers
3rd China Goes Global Conference
September 30 - October 2, 2009
Harvard University, Cambridge, USA
www.chinagoesglobal.org

Overview
This century has been dubbed the Chinese Century. But will the naming of this Century be congruent with the country's performance in the global political economy? As part of a series of conferences on the topic China Goes Global, held at Harvard Kennedy School and Rollins College, we issue a new call for papers on the globalization of China and Chinese companies, focusing on the following broad questions:
1. What are the social, political and economic influences of China's globalization?
2. How will China's globalization effect the business environment of firms in developed and emerging countries?
3. Will China really replace the US economic, political and business leadership in the 21st Century?
4. What are the factors associated with China's emerging global economic prowess?
5. Can Western political/economic models and theories help explain China's current trajectory, either on a macro or a micro level?

Important Dates
Deadline for Submission: May 15, 2009
Paper acceptance/rejection: July 1, 2009
Revised paper submission: August 15, 2009
Registration Fee
Please note that all presenters and participants must register to attend the conference. The early bird registration fee of USD 495 is due on July 5, 2009, and the regular registration fee of USD 595 is due on August 15, 2009. The registration fee includes refreshments, lunches, reception, conference dinner, and a copy of the book China Rules: Globalization and Political Transformation (Palgrave McMillan, 2009). Conference registration does not include accommodation or travel costs.

Organizational Committee
Dr. Ilan Alon, Petters Professor, Director Rollins China Center, Crummer Graduate School of Business, Rollins College, Asia Programs Visiting Scholar, Harvard University
Dr. Julian Chang, Executive Director, Asia Programs, Ash Institute, Kennedy School of Government, Harvard University
Dr. Marc Fetscherin, Assistant Professor, Crummer Graduate School of Business, Rollins College, Asia Programs Visiting Scholar, Harvard University
Dr. Christoph Lattemann, Assistant Professor of Corporate Governance & E-Commerce, University of Potsdam, Asia Programs Visiting Scholar, Harvard University
Dr. John R. McIntyre, Professor, Director of Georgia Tech CIBER, Georgia Institute of Technology

For more information, visit the conference website http://www.chinagoesglobal.org/

Singapore - 4 February, 2009 - Since China entered the WTO in 2001, it has become an open door to vast new markets for foreign investments. Bolstered by the growing consumer wealth in urban and suburban areas, it has attracted a new and widely diverse generation of investors - including an increasing number of smaller companies and entrepreneurs, local and foreign-investors, all serving niche markets. Yet, as the world's largest and most dynamic consumer market, China is notoriously difficult for international entrepreneurs - among the hundreds of thousands of foreign businesspeople fighting to penetrate the Chinese market, only a small percentage of them will succeed in bringing their start-up dreams to life in the Middle Kingdom.

Published by John Wiley & Sons (Asia) Pte Ltd, China Entrepreneur: Voices of Experience from 40 International Business Pioneers (ISBN: 978-0470-82321-7) will give a front-line, first-hand account of what it takes for an international businessperson to start and profitably operate a small business in China.

This book is a collection of anecdotes, best practices and first-hand advice in tackling the key challenges of winning in the China market, from negotiating with government and winning necessary start-up approvals, to hiring and keeping the right staff, to collecting payments and to safeguarding intellectual property. In addition, the experiences of the entrepreneurs will be juxtaposed against insights from experienced China consultants who assist start-ups in operating in China. The book will also consist of practical business by consultants who have risen to prominence in the China business environment by advising SME business operators on succeeding in China.

While the authors' first book, China CEO (John Wiley, 2006), featured the insights of 20 top executives from multinational companies in China, China Entrepreneur focuses on the strategies, tools, and knowledge necessary to start and grow a business in China without the backing of a global corporation. This book is a practical guide that distills 500 years of China experience from 40 foreign entrepreneurs coming from 25 countries, full of vivid stories to illustrate the points made in the book. It can work as a "how to" manual and also as an interesting reading for those thinking of starting their own business.

Additional information on the book is available at http://as.wiley.com/WileyCDA/WileyTitle/productCd-0470823216.html.

Headlines Venture Investment Climbs in India, China and Israel (New York Times, Feb 18)
The economic crisis spread beyond Silicon Valley to technology hotbeds abroad in the fourth quarter. But while venture capital investment fell in the United States last year, it still managed to rise in China, India and Israel, according to Dow Jones VentureSource data released Wednesday. In 2008, venture capitalists invested $13.4 billion in young companies in Europe, Israel and India, according to VentureSource. That was up 5 percent from 2007. Comparatively, venture capital investment in the United States for the year fell 8 percent to $28.8 billion.

China gold investment triples in '08, India drops (Reuters, Feb 19)
China's demand for gold for investment nearly tripled in 2008 and could rise further this year as investors sought safety from financial market turmoil, but India fell victim to soaring prices, data showed. China, the world's second-largest gold consumer after India, consumed 395.6 tonnes of bullion in 2008 for jewellery and investment, or around 14 percent of global demand, up from 327.8 tonnes in 2007, according to the World Gold Council.

World Agenda: tentative steps towards a new beginning for US-China relations (Times Online, Feb 19)
Stumbling across a protest by Beijing shopowners angered at rising rents, I paused to ask a couple what they thought of the United States. After all, with Hillary Clinton due in town over the weekend as part of her first overseas trip as Secretary of State, it seemed an opportunity to feel the mood. Some offered a string of adjectives: "Strong", "Powerful" and even "Rich". One posited: "Americans don't want China to rise. They are afraid." A combination of admiration and distrust seemed to be the overriding view. That perspective is reflected in the attitudes of leaders of both countries. Mrs Clinton's inclusion of China on her maiden voyage offers a timely opportunity to build on the admiration and to increase trust.

Beijing seeks Latin trade ties (The Washington Times, Feb 16)
As Secretary of State Hillary Rodham Clinton headed to Asia on Sunday, China was embarking on a double-pronged diplomatic mission in Latin America, seeking more robust trade ties to temper the impact of the financial crisis and demonstrate its swelling influence in the U.S. backyard. Visits by two top Chinese officials coincide with calls from U.S. policy specialists for the Obama administration to devote more attention to Latin America - a region where they warn China, Russia and Iran are building alliances as U.S. influence wanes.

Russia, China Sign $25 Billion Deal (The Washington Post, Feb 18)
Russia and China signed a $25 billion energy deal in Beijing that will involve China securing oil supplies from Moscow for the next 20 years in return for badly needed loans. China's Development Bank will lend $15 billion to Rosneft, Russia's state-owned oil company, and $10 billion to the state pipeline monopoly Transneft, said Igor Dyomin, a spokesman for Transneft. In return, Russia promised to supply 15 million tons of oil annually for 20 years to China.

China eyes independent nuclear power development (China View, Feb 18)
China can rely on and will promote the use of its own technologies in developing nuclear power projects, a senior energy official said Wednesday. The proportion of domestic technologies and equipment used in the country's nuclear power projects should be required to reach a certain level, said Zhang Guobao, head of the National Energy Administration (NEA), at an NEA work conference here Wednesday. He gave no details on what level would be appropriate, saying the use of independent technologies should be a "significant factor" to be considered in the planning, appraisal and approval of nuclear power projects.

Lugar Calls For Strengthening Oil Crisis Mechanisms, Global Cooperation on Energy Security (American Chronicle, Feb 17)
U.S. Sen. Dick Lugar has called for the formal inclusion of China and India in the International Energy Agency (IEA). Yesterday, Lugar met with IEA Executive Director Nobuo Tanaka, who is a proponent of Chinese and Indian membership. "After the 1973-74 oil crisis, import dependent countries realized their citizens would be more secure through formal cooperation. It is time to update that system," Lugar said. "Global energy security will be strengthened through vigorous bilateral and multilateral partnership on efficiency, cleaner energy and crisis response."

Global downturn sapping renewable energy sector (Energy Current, Feb 18)
The long-term outlook for renewable energies remains strong, buoyed by fears of climate change and anxiety among Western nations about the security of their energy supplies, analysts say. But they warn that the sector is probably in for a rough ride in the coming months, and perhaps years, as the pinch of the global economic downturn intensifies. The steep fall in oil prices since last year also has not helped, although it has not hit the renewable energy sector as hard as the credit squeeze, experts say. That is because, at $40 to $50 a barrel, the price of oil remains high by historic standards, and is likely to increase again eventually as demand increases from China and India.

New Energy: Nuclear Deals Mushroom in India (Knowledge@Wharton, Feb 12)
India can maximize its opportunity by getting some of the world's leading uranium suppliers or nuclear plant construction firms to compete with one another to offer the best terms, notes Jitendra Singh, a Wharton professor of management. "The opportunity is large, so I suspect this will happen," he says. The current economic slowdown could present India with an opportunity to negotiate long-term contracts at favorable prices and conditions to further its civilian nuclear program, according to Singh.

India to Penalize Telecom Firms for Not Starting Services (Wall Street Journal, Feb 19)
The Indian government said Thursday it is working on a plan to penalize companies that are yet to start telecommunication services after getting the licenses in January 2008. The license holders are required to pay "liquidated damages" to the Department of Telecommunications for not meeting the service-launch obligations, junior Communications Minister Jyotiraditya Scindia told lawmakers in the upper house of Parliament.

Baidu: In Search Of Profits Amid China's Slowdown (Forbes.com, Feb 19)
Baidu is slowing down, dogged by a loss of unlicensed advertisers and China's rapid economic deceleration. Coming down from its meteoric profit growth, the Chinese search giant will now likely cast a more stringent eye on costs as it pursues global ambitions beyond traditional search, extending its purview to online gaming and shopping. Slower ad spending and the controversy surrounding Baidu's display of ads from unlicensed drug companies put a dent in the company's fourth-quarter results, which missed market expectations.

Economic crisis could provide opportunities for ICT businesses (The Economic Times, Feb 18)
The global financial crisis could provide entrepreneurial opportunities for budding information and communication technology (ICT) businesses which, in turn, can power economic recovery, a new United Nations report says. The report highlights some harsh realities for the industry and explains how it can position itself for recovery in the future. "Despite difficult times, there are reasons to be optimistic," said Hamadoun Touré, Secretary-General of the UN International Telecommunication Union. Speaking at the Mobile World Congress in Barcelona, Touré said that innovation is the key to recovery, stressing that "having contributed consistently as a high-growth sector in its own right, ICTs can now power economic recovery across all sectors.

India fourth largest adopter of biotech crop in the world (The Economic Times, Feb 19)
India became the fourth largest adopter of biotech crop in the world, displacing Canada, in 2008 and planting Bt cotton on 7.6 million hectares (82% of the total cotton are in the country), according to the International Service for the Acquisition of Agri-biotech Applications (ISAAA). This was almost a million and half hectares over planted area in 2007 (6.2 m ha, equivalent to 66% of the total cotton area in the country).A record five million small and resource-poor farmers planted Bt cotton in 2008, significantly up from only 3.8 m farmers in 2007, the ISAAA said.

China to expand agriculture insurance coverage (China View, Feb 18)
China will raise agriculture insurance coverage based on what had been achieved last year, the country's top insurance regulator said here on Tuesday. More crops, including grain, cotton and oil plants, and more livestock will be covered by agriculture insurance, according to the China Insurance Regulatory Commission (CIRC). The country will also design and develop more insurance programs for forestry, pigs and rubber. The commission was also considering setting up an insurance plan against severe natural disasters. Agriculture insurance totaling 239.7 billion yuan (about 35.1 billion U.S. dollars) with fiscal support was provided to farmers to guard against various risks in 2008, up 113 percent from 2007. More than 97 percent of the insurance programs had subsidies from local governments at different levels.

China's Minmetals bids $2.6bn for OZ Minerals. (The Australian, Feb 17)
CHINA has made another grab for Australian resources assets with a state-owned company announcing a $2.6 billion takeover offer for the struggling OZ Minerals. China Minmetals (Minmetals) yesterday threw a lifeline to OZ Minerals less than a week after another Chinese state-owned company, Chinalco, swooped on Rio Tinto with a $US19.5 billion ($30 billion) asset and share deal to help resolve Rio's debt problems.

Manufacturing holds key for poorest nations - UN (Reuters, February 22)
UN report warns that poor nations must think carefully about what products they make for export. Rather than selling finished items like shirts, they should make components such as buttons. Specialising in specific, smaller items can build expertise and increase market share. The report cites the example of Qiaotou, a once sleepy rice-growing village in eastern China that now produces nearly two-thirds of the world's buttons. The report says wealthy nations can help poor ones recreate this success by investing in their industries and allowing them access to world markets, possibly through trade preferences.

Major Chinese steel makers' net profits down 43% in 2008 (China View, February 23)
The China Iron and Steel Association (CISA) said Monday that the aggregate net profit of 71medium-sized and large steel producers fell 43 percent in 2008 as weak demand drove down prices. Net profit was 84.6 billion yuan (12.4 billion U.S. dollars), CISA said, while sales climbed 24.7 percent year on year to 2.57 trillion yuan. The 71 producers earned 101 billion yuan of net profit in the first half of 2008, but they lost 16.4 billion yuan in the second half as costs rose while selling prices declined. CISA also said 15 steel producers recorded full-year losses totaling 8.5 billion yuan.

Inter national Contributors Editorial Board
RJ Paulsick - Co-Editor
Roxanne Russell - Co-Editor
Geoff Hiscock - Australia
Harsha Harjani - Hong Kong
Dr. Nilay Yajnik - India
Farhad Mirzaei - Iran
Ajay Sharma - Netherlands
Melissa Steinmetz - UK
Dr. Daney Jackson - USA
Dr. John R. McIntyre - USA
Dr. Sudhanva Char - Academic Resources
Shree Pandya - Engaging Youth
Laurel Askue - Environment & Conservation
Christopher Chan - Intellectual Property