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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
Innovation in Executive Education for Emerging Markets
(ICA Institute | Aug 27, 2009)
Innovation in Executive Education for Emerging Markets is a two-day dialog intended to reveal the implications of trends related to the impact of emerging markets on executive education. Perspectives sought include technology, recruitment, public relations, and branding. Attendance at this summit is by invitation.  
Opinions | Electronic Media
America's Balancing Act
(The New Yok Times | Jul 27, 2009)
"...Whatever the merit of close ties (of the US) with a democratic India, management of relations with China remains more important, whether the issue is nonproliferation, trade, or climate change. For now, too, Pakistan's problems take precedence over India's opportunities..."

Where Are America's Immigration Priorities
(IT Business Edge | Jul 27, 2009)
"...some 200,000 skilled workers from India and China will return home over the next five years while approximately 100,000 have done so over the past 20 years..."

What to Do About a China Bubble?
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(The New York Times | Jul 30, 2009)
"...If you fear that your economy is growing too fast, and inflation is on the rise, central bank mantra dictates that you should raise interest rates...If you raise inter
est rates in an economy open to capital flows, at the same time as the world's money centers have low or almost zero interest rates...you will attract more capital from overseas. This capital inflow will likely feed into your domestic credit boom and further the run-up in asset prices, housing construction and other bubble-related phenomena..."

India's pockets of prosperity?
(The Christian Monitor Science | July 31, 2009)
In 2007, China attracted $84 billion in foreign direct investment (FDI), mostly through its SEZs. India had only $23 billion in FDI and a large trade deficit, so SEZs became a key part of its development strategy...
Headlines
"China, India can help, not save world economy"
(AFP | Jul 26, 2009)
Fast growing China and India may be important players but the emerging economic giants alone do not have the clout to drag the global economy out of its worst slump since the 1930s, analysts say.

Pandit Affirms Citigroup's Faith in Asia  
(WSJ | Jul 28, 2009)
At a time when Citi's business in the U.S. remains weak from bad consumer loans, Asia is becoming a critical source of income. In the second quarter, net income from the Asia-Pacific region accounted for nearly 40% of global revenues at Citicorp...

U.S., China Chart Economic Efforts
(The Washington Post | Jul 29, 2009)
The United States and China pledged Tuesday to lay a foundation for a global economic recovery by pursuing policies aimed at easing their massive trade imbalance and improving regulation of the financial system.

Starbucks to Expand Further in China, Won't Enter India Soon  
(Bloomberg | Jul 29, 2009)
"China clearly is a huge opportunity for us, today and into the foreseeable future," Martin Coles, president of Starbucks Coffee International Inc., said in an interview in Seoul. "We certainly have aspirations to have operations in India, but this is not something that is on the front burner and about to happen."

Higher trust in businesses in India and China: Edelman
(Media | Jul 31, 2009)
Businesses in India and China command the highest level of trust among their domestic consumers, according to a mid-year report by Edelman's Trust Barometer. 
Politics | Economy
Obama Opens Policy Talks With China
(New York Times | Jul 27, 2009)
The United States and China inaugurated two days of high-level talks on Monday, exchanging promises of great-power cooperation on weighty issues like climate change while steering clear of potential conflicts over exchange rates and human rights.

China threatens to ban import of seafood from India
(Business Standard | Jul 27, 2009)
The Chinese side... Said that if India insists on this decision (to ban import of milk and milk products, including chocolate and chocolate products), China will respond to the safety and quality issues for imported products from India
Capital Markets
I.P.O.s on the Rise in India  
(The New Yok Times | Jul 31, 2009)
Companies and their investment bankers are lining up a series of initial public offerings to tap into the rising confidence of foreign and domestic investors in the Indian market. The benchmark S&P Nifty stock index is up about 80 percent since early March.

Bank Of America Plans Wholly-Owned China Unit
(CNN Money | Jul 31, 2009)
Bank of America Corp. (BAC) is planning to set up a wholly owned banking unit in China, people familiar with the situation said Friday. However...Bank of America will still need to team up with a Chinese partner...

Environment | Climate Change
India to unveil 20GW solar target under climate plan
(Reuters | Jul 28, 2009)
India will unveil its first solar power target as soon as September, pledging to boost ouptut from near zero to 20 gigawatts (GW) by 2020 as it firms up its national plan to fight global warming...In comparison, China's power generation capacity rose to 792.5 GW in 2008, more than five times India's capacity.

Innovation
Best Buy, Wal-Mart Named in Patent Dispute  
(State Intellectual Property Office of China | Jul 27, 2009)
Changzhou Asian Endergonic Electronic Technology Co, based in Changzhou, claims the retailers are infringing its patent on a design for the dashboard mounts by selling products made by a competitor.  The [patent infringement] complaint, filed July 2 in US District Court in Texarkana, Texas, reflects the rising use of the US patent system by Chinese companies.  The case might be the first time a Chinese company has sued in the United States over a patent obtained by a Chinese resident.

426,000 Patent Applications Filed in First Half of 2009
(State Intellectual Property Office of China | Jul 22, 2009)
The [State Intellectual Property Office of China (SIPO)] received 426,000 patent applications, up 23.1%; granted 252,000 patents, up 31.3%.

Merger Control under China's Antimonopoly Law: The First Year
(The China Business Review | Jul 1, 2009)
China's new Antimonopoly Law (AML) took effect last August. In the past year, guidelines and rules have been published that clarify the Ministry of Commerce's (MOFCOM) procedures for enforcing the new regime, and MOFCOM's decisions have been published in three high-profile cases. Although new guidelines and rules published in early 2009 clarify many questions about notifications under the AML, several concerns remain, especially for foreign multinationals.

Industrial Resources | Manufacturing
India is now world's No 3 steel producer
(Hindustan Times | Jul 26, 2009)
India has moved up two places to the third position on the list of top steel producing countries; only China and Japan are ahead.

Logistics | Transportation
Americans Open to Vehicles From China and India
(PR News | Jul 28, 2009)
...fifteen percent of new car buyers in the United States say they would consider purchasing their next vehicle from China, and eleven percent would consider buying a car from India, without knowing specific brands or vehicles.

 Video: Look Ahead, Don't Stand Still
(Stanford Graduate School of Business | Jul 28, 2009)
An intense Carlos Ghosn highlighted the need to look beyond traditional markets. He's now focused on India, Russia, China, Brazil, and Africa.

Detroit Three Automakers: Think China And India, Not North America big logo
(GLG News | Jul 30, 2009)
Auto ownership in China is growing by 10% per year. In India, it's rising at 6.6% per year...If Ford, GM and Chrysler can't find their way back into American market dominance, then they ought to turn their full attention to the billion or so people in China and India who may be looking to buy their first car sometime in the next decade.
Real Estate
China to launch REITs in inter-bank market
(Reuters | Jul 30, 2009)
China will soon allow...trust firms with registered capital topping 500 million yuan ($73.19 million)...to issue REITs to banks, mutual funds, insurers, securities firms and finance companies, either in the inter-bank market or through private placements. Funds raised could be invested in any real estate assets, mortgage-backed bonds or loans, as well as equity stakes in Chinese property firms. Developers would not be allowed to use the funds raised through REITs to buy land or to invest abroad...

Fresh real estate sops to spur revival (INDIA)
(iMint | Jul 28, 2009)
income-tax deduction was given to real estate developers for housing projects approved before 31 March 2007. This has now been extended to projects approved between 1 April 2007 and 31 March 2008, provided these projects are completed on or before 31 March 2012.

"No special curb" for foreign capital to invest in China's real estate sector
(Xinhua | Jul 31, 2009)
China saw foreign direct investment dropped by 17.9 percent to 43 billion U.S. dollars in the first half from a year ago, amid the global economic downturn..."If the economy warm up in the second half, the declining rate of foreign investment is expected to slow down"...
Education | Workforce Development
India to Foreign Colleges: Set Up Campus Here
(Time | CNN | Jul 31, 2009)
India's new Minister for Human Resource Development...intends to have new laws in place by next July that would open up India's heavily regulated educational system to foreign players...

Sincerely,
ICA Institute

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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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