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A periodic sampling of news, analysis and opinion on economic issues of India, China and the USA

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Headlines
Politics | Economy
Capital Markets
InfoComm
Innovation
Industry
Transportation
Energy
Real Estate
Workforce Dev.
Health | Medicine
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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.

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Events | Announcements
big logo2009 Emerald/AIMA Indian Management Research Fund Award
(Emerald | Jan  4, 2010)
This year, Emerald and the AIMA - All India Management Association - are delighted to offer a research grant for an Indian 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 India.
 
From a Journal
big logoA Perspective on the Growth Process in India and China
(Prabhat Patnaik | Monthly Review | Jul 17, 2009)
"...The obvious question that arises is: what exactly is meant by "this growth process"?  After all, India and China have significant differences in their growth processes.  Which is the common aspect of it that we have in mind in claiming that inherent to this growth process is a "dualistic" development?..."
 
Opinions | Electronic Media
Expert Brief: Clinton's Challenge in India  
(Council on Foreign Relations | Jul 16, 2009)
"...the United States needs to forge consensus with an emerging, and increasingly assertive, India whose footprint now extends from East Asia to Africa but which remains burdened by considerable unrealized potential, not least as a result of its crushing poverty at home..."

China's recovery A fine balancing act
(The Economist | Jul 16, 2009)
"...Over the same period, America's economy probably contracted again. China's economic stimulus has clearly been hugely effective. So effective, indeed, that some economists are now worrying it may be working rather too well..."

Will China pull America out of the recession?
(Examiner.com | Jul 14, 2009)
big logo
Many people...hope that China's economic recovery will pull America out of the recession. Will it work?

Illusion of "China's Attack on India Before 2012"
(Chen Xiaochen | China Stakes | Jul 17, 2009)
"...If China were to be involved in a war within the next three years, as unlikely as that seems, the adversary would hardly be India. The best option, the sole option, open for the Chinese government is to negotiate around the disputed territory..."

Courting The Dragon
(The Times of India | Jul 13, 2009)
"...the Obama team has just unveiled a new trilateral security framework in Asia involving the US, China and Japan. While announcing this initiative, Washington failed to acknowledge another trilateral the one involving the US, India and Japan..."

 In Free Market We Trust: Says China, Not U.S.
(Seeking Alpha | Jul 13, 2009)
"...Americans are drifting further from their once unshakable belief in free markets. Chinese, meantime, are becoming ever more certain that the free enterprise system is the best way to organize society and fulfill the goals of its citizens. This is a very worrying development for the US, and a wholly positive one for China..."
Headlines
Challenges go beyond Uighurs
(The Washington Times | Jul 18, 2009)
Rioting last week between ethnic Han Chinese and ethnic Uighurs in China's Xinjiang Province left 180 people dead and 1,000 injured. Chinese police and paramilitary forces arrested 1,500.

Sec. Clinton visits India, urges help vs. terror
(AP | Jul 18, 2009)
U.S. Secretary of State Hillary Rodham Clinton opened a three-day visit to India on Saturday by urging India not to repeat American mistakes in contributing to global pollution, and she passionately defended U.S. demands for help in fighting terrorism.
Politics | Economy
How long will China finance America?
(BBC | Jul 15, 2009)
China's foreign exchange reserves have soared...It's the result of overseas investors identifying China as the strongest of the world's major economies and pouring money into property and into shares...

China vows to advance bilateral ties with India  
(China View | Jul 14, 2009)
The development of the India-China strategic and cooperative partnership would benefit both countries and peoples and make an essential contribution to regional and world peace and development.
Capital Markets

Real, Yuan, Indian Rupee to Strengthen, Bank of America Predicts
(Bloomberg | Jul 15, 2009)
The Brazilian real, China's yuan and India's rupee are all likely to strengthen about 10 percent against the dollar in the coming year, according to Bank of America Corp...

Emerging market stocks priciest since 2007
(Turkish Daily News | Jul 13, 2009)
The last time stocks in developing countries got this expensive was in October 2007, just before the MSCI Emerging Markets Index began a 12-month tumble that erased half its value.

Investors pull out $365 mn from Asia funds; India sees inflows
(The Economic Times | Jul 13, 2009)
India-focused funds saw net inflows of $52 million even as global investors pulled out over $365 million from Asia-dedicated equity funds in the first week of July.

InfoComm Technology
India's Mobile Subscription to Reach 800 Million by 2014: Report
(India IP Communications | Jul 17, 2009)
According to a new research from industry analysis firm RNCOS, the telecom sector in India will maintain its growth rate in future despite the global economic downturn.
Innovation
India's Indigenous Genius: Jugaad  
(WSJ- India | Jul 13, 2009)
We always looked at automobile innovation coming from Japan or Germany until the Tata Nano caught the world's imagination and made us Indians very proud of what our engineers can create. It is a good example of constraint-based innovation - the constraint being building a car for 1 lakh rupees while most of the rest of the car manufacturers focus on "cooler" features, better looks and more horsepower.
Industrial Resources | Manufacturing
Asia Iron Ore-India firmer as China sucks up supplies
(Reuters India | Jul 16, 2010)
India's iron ore prices were firmer this week as heavy Chinese buying continued, and shrinking local supplies promise more gains ahead, exporters said on Thursday.
Logistics | Transportation
GM Plays Down Concerns on China's Opel Bid  
(Wall Street Journal | Jul 14, 2009)
General Motors Corp.'s new international boss played down potential competition from a Chinese-owned Opel and said it will expand research and development operations in China, India and South Korea as Asia becomes an increasingly important market for its vehicles.
Energy
Asian Nations Could Outpace U.S. in Developing Clean Energy
(The Washington Post | Jul16, 2009)
India aims to install 20 gigawatts of solar power by 2020, more than three times as much as the photovoltaic solar power installed by the entire world last year, the industry's best year ever. And China's new stimulus plan raises the nation's 2020 target for solar power from 1.8 gigawatts to 20 gigawatts.
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.

Chinese real estate recovery could presage cash rush
(The Washington Times | Jul 17, 2009)
A nascent housing market rebound and a rally in shares could trigger a new round of cash raising by Chinese developers, eager to replenish coffers to meet rising demand, spurred by Beijing's economic stimulus measures.
Education | Workforce Development
Obama gearing education system to compete with India, China
(Sindh Times | Jul 14, 2009)
"...So we've already taken some steps that are building the foundation for a 21st century education system here in America, one that will allow us to compete with China and India..."
Health | Medicine
Turmeric Shown to be Natural Remedy Against Alzheimer's
(Natural News.com | Jul 15, 2009)
The active ingredient in turmeric that makes it such a great medical tool is called curcumin. Curcumin has been found to be a powerful anti-inflammatory and has long been used in China and India...
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ICA Institute
Articles and opinion pieces are from a variety of sources and viewpoints and do not necessarily reflect those of ICA Institute. Access to some articles may require free registration to the site or may not be cited to the original source.
International Contributors Editorial Board
Prashant Das - Co-Editor | Roxanne Russell - USA Geoff Hiscock - Australia | Dr. Yu Xiao- USA | Priya Roy- China (Shanghai) | Harsha Harjani - Hong Kong | Dr. Nilay Yajnik - India | Farhad Mirzaei - Iran | Asha Hemrajani- Singapore | Melissa Steinmetz - UK | Dr. Daney Jackson - USA | Dr. Sudhanva Char - Academic Resources | Shree Pandya - Engaging Youth | Laurel Askue - Environment & Conservation | Christopher Chan - Intellectual Property - Hong Kong |
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