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About Us
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The ICA Institute
is a non-profit research institute working to
foster research and dissemination of
knowledge on the rise of China and India and
their impact on global markets, global
resources and geopolitics of the world. The
ICA Institute's mission is to generate new
perspectives on the role of market and
resource driven economic development. ICA
Institute fosters interaction and dialogue
between academic scholars, industry leaders
and policy makers on the impact of emerging
economies in general and China and India in
particular. Specifically, The ICA Institute is
positioned to be a catalyst between faculty
and students in International Business and
industry leaders and managers.
www.icainstitute.org
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Greetings!
Based on what we heard from you through our recent survey, ICA Institute is pleased to offer this newsletter with all new flavor. New in both the form and the content. We aim at meeting your expectations better. Please feel free to write to us at prashant.das@icainstitute.org.
Sincerely,
ICA Newsletter Editorial Team.
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Events | Announcements
 2009 Emerald/IACMR Chinese Management Research Fund Award
(Emerald | Jan 4, 2010)
Emerald and the IACMR - International Association for Chinese Management Research - offer a research grant for a Chinese project in the field of management research. The award will offer £3,000 (approximately US$5,000 equivalent) to fund the winning research project. Applications should address the dissemination of knowledge for the social good with a specific orientation toward benefit for mainland China.
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Opinions | Electronic Media
 Video: Dollar Debate Heats Up
(Bloomberg | Jul 6, 2009)
Russia, India, China, raise questions about the dominance of the U.S. currency as the world's reserve.
How India must change if it is to be an advanced economy
(Financial Times | Jul 8, 2009)
Rightly or wrongly, it is widely accepted that China will continue to grow very rapidly. But what is the likely future for India?
Is China losing friends in the developing world?
(Foreign Policy | Ben Simpfendorfer | Jul 7, 2009)
"...China's reputation as a leader of the emerging world is about to take a tumble: The country's exports to emerging markets are surging, and the resulting increase in cheap Chinese goods could create a long-term backlash that will undermine China's patient "charm offensive" for years to come..."
Western awe and domestic anxiety: tale of two Chinas
(Financial Times | Jul 9, 2009)
China's politicians are rarely quite as confident as western observers about their country's destiny. In my experience, the west's awe is as often as not matched by China's anxiety.
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Book Review
 The Elephant and the Dragon: The Rise of India and China, and What It Means for All of Us
(Author: Robyn Meredith)
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Headlines Global Economic Recovery Underway - IMF
(VOA News | Jul 8, 2009)
IMF economists say global economic output will still shrink this year by 1.4 percent because of the slowdown in global trade. But their forecast now calls for the world economy to grow by 2.5 percent in 2010, more than the 1.9 percent it predicted in April.
China replacing U.S. as top trade partner in Latin America
(McClatchy | Jul 8, 2009)
China has moved aggressively to fill a vacuum left by the United States in recent years, as the U.S. focused on wars in Afghanistan and Iraq and the global economic crisis sapped its economy.
Riots in Western China Amid Ethnic Tension
(The New York Times | Jul 6, 2009)
At least 1,000 rioters clashed with the police on Sunday in a regional capital in western China after days of rising tensions between Muslim Uighurs and Han Chinese, according to witnesses and photographs of the riot.
G8 leaders focus on economy, Iran, climate change
(Businessweek | Jul 6, 2009)
Despite its political and economic clout, there is an increasing acknowledgement, even among some of its leaders, that the G-8 is too narrow for big political and economic decision-making. China, a major exporter and holder of vast foreign currency reserves, needs to be on board in combatting the global economic crisis, and along with India and Brazil remains an indispensable partner on climate change.
Rising bond yields signal more dollar weakness
(Reuters | Jul 6, 2009)
Chinese officials asserted that the world should look to displace the dollar even if that will take many years. The push comes just before the Group of Eight summit in Italy this week. Other sources told Reuters that Brazil and India backed Beijing's call. |
Politics | Economy India, China woo Japan on ADB's Arunachal loan
(Business Standard | Jul 10, 2009)
China does not want ADB to provide money for Arunachal, parts of which it claims as its territory. According to top sources in the United Progressive Alliance government at the Centre, Chinese authorities are seeking Japan's help to prevent ADB from issuing "public notification" of its approval of the loan for Arunachal Pradesh.
Indonesia, Vying to Enter BRIC, Has Star Role in 'Chindonesia'
(Bloombeg | Jul 11, 2009)
Indonesia's economy may double in the next six years as the world's biggest exporter of power- station coal and largest producer of palm oil taps surging demand from India and China...China, India and Indonesia will generate $10 trillion of wealth for investors by 2015...
China Softens Stand On India's UNSC Bid?
(Forex TV | Jul 9, 2009)
A day after Indian Prime Minister Dr. Manmohan Singh launched a fresh bid for India to be included in the UNSC, India's Foreign Secretary Shiv Shankar Menon, who is accompanying the premier to the G-8 Summit in Italy, has said that China is in favor of India being included in the Security Council, according to media reports.
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Capital Markets Emerging-Mkt Stk Funds Post Outflows For 2nd Time Since March
(Wall Street Journal | Jul 10, 2009)
Emerging-market equity funds posted net outflows of $1.87 billion in the first week of July as doubts over global demand for raw materials prompted investors to put some money on the sidelines...
PE confident on long term growth in India, emerging markets
(The Economic Times | Jul 12, 2009)
Private equity investors are confident about the long-term growth in India and other emerging markets, but are adopting a cautious attitude towards new investment activity in the short to medium term...
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Environment | Climate Change
China urges developed countries to set near- and medium-term targets on climate change
(Eastday- China | Jul 7, 2009)
Apart from a long-term target on climate change, the developed countries should give higher priority to set near- and medium-term emission reduction targets, a Chinese official said here Thursday.
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InfoComm Technology
Broadband Growth Seen Slowing, Shifting to Asia
(PC World | Jul 7, 2009)
Much of that expansion will be concentrated in less-developed parts of the world, especially the Asia-Pacific region, according to Scherf. China and India should be major drivers of growth, though there are still questions about how India's broadband build-out will progress...
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Innovation
Rice Husks Used in Carbon-Neutral Concrete
(Reuters | Jul 8, 2009)
A Plano, Texas-based company says it has figured out how to use rice husks in the production of carbon-neutral concrete... rice husks are an especially promising byproduct in China and India where rice and concrete consumption are especially high.
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Industrial Resources | Manufacturing
Chinese lead way on exports with good signals from Asia
(Financial Times | Jul 11, 2009)
Chinese exports rose 7.5 per cent last month from May as Asia's second-largest economy generated its highest monthly shipments this year. Similar signals emerged yesterday in month-on-month figures from South Korea, Japan, India and the Philippines, although, on a year-on-year basis, the data were uniformly negative.
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Logistics | Transportation
Volvo to recall 409 sedans on faulty engine cooling fans in China
(Xinhua | Jul 12, 2009)
Volvo Car Corp. is recalling 409 units of S80 vehicles because of a problem with the engine cooling fan...The fan may stop working because of a software programming error in the fan controlling module.
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Real Estate
China Home Prices Rise for First Time in 7 Months
(Bloomberg | Jul 13, 2009)
China's
urban home prices rose for the first time in seven months, adding to
evidence that record bank lending is driving a recovery in the world's
third-largest economy.
India's cheap housing boom: The nano home
(The Economist | Jul 11, 2009)
...two government-owned banks-the National Housing Bank and the National Bank for Agriculture and Rural Development-have agreed to provide funds to finance companies so that they can offer mortgages to such buyers.
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Corporate Social Responsibility
IT access major boost for rural schools
(China Daily | Jul 7, 2009)
A school based in a remote and mountainous area in southwestern China was one of the first beneficiaries of a remarkable initiative jointly launched by the Ministry of Education and Microsoft (China) Co Ltd. |
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