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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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Announcements
Books
News Updates
Innovation
Opinions
Newsletter
Archives
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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
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Call for Papers
(Journal of Emerging Knowledge on Emerging Markets | Jan 1)
You are invited to submit your empirically based works in progress related to the rise of emerging economies, in particular China and India, and their impact on global markets, global resources and geopolitics of the world.

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Books
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Strengthening China's and India's Trade and Investment Ties to the Middle East and North Africa
(World Bank | 2009)
China and India's presence in the region is on the rise. This report focuses on the following questions: * what have been evolution and the impact of MENA's trade and investment relations with China and India? * what actions can be taken to maximize the benefits from these relations and to enhance MENA's international integration?
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News Updates
Headlines
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U.S. consumer spending rises
(Reuters | Aug 4)
U.S. consumer spending rose slightly more than expected in June, lifted by expenditures on nondurable goods even as incomes saw their biggest drop in four-and-a-half years, a government report showed on Tuesday.
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Money & Capital Markets
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StanChart says in talks to buy China, India assets
(Reuters | Aug 4)
Standard Chartered Bank (STAN.L) (2888.HK) is in onging discussions to buy assets in India and China...If the acquisition is successfully concluded, the bank will pay between $100 million and $200 million...
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Environment | Climate Change
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Protests help clear the air
(China Daily | Aug 4)
Mistakes in China had been made in allowing the construction of high-polluting plants so near to communities and said that, no matter what advancements were made in environmental protection technologies, risks would always exist. A lot of voices will be heard in this news.

India embarks on solar drive
(naturenews | Aug 4)
India's prime minister Manmohan Singh has approved a US$19 billion plan to make the country a global leader in solar energy over the next three decades. The ambitious project would see a massive expansion in installed solar capacity, and aims to reduce the price of electricity generated from solar energy to match that from fossil fuels by 2030.
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InfoComm | Technology
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China probe to launch in October
(BBC NEWS | Aug 6)
China's first unmanned Mars probe is being readied for a launch later this year, state media reports.The Yinghuo 1 orbiter is scheduled to lift-off alongside Russia's Phobos-Grunt spacecraft aboard a Zenit rocket in October after final testing. The probe will slip into orbit around Mars some 10 months later.
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Innovation
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China's Tencent obtains 400th patent
(China Knowledge | Aug 4)
Tencent Holdings, a leading provider of Internet and mobile and telecom value-added services in China, now has more than 400 patents, the China Daily reported on Monday. Tencent is the largest instant messaging operator in China.
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Industry | Manufacturing
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GCPL scouting for acquisitions in China, Latin America, Middle East
(ET | Aug 3)
Godrej Consumer Products (GCPL) is actively scouting for acquisitions in China, Latin America and the Middle East. The mission is to scale up the contribution of international business from the present 23% to 50% of GCPL's annual revenue.

Refined copper output of China, India triples: ICSG
(ET | Aug 3)
The annual production of refined copper in Asian giants China and India more than tripled during 1999-2008, according to International Copper Study Group (ICSG). On a regional basis, Africa, Latin America and Asia experienced the highest rise of 89%, 35% and 29% respectively.

ArcelorMittal to use India, China as sourcing hub
(The Economist | Aug 7)
...the cost of equipment in India and China were about 30-40 per cent cheaper than in Europe and other markets. Also, there was a greater scope for localisation in India and China compared to other markets...
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Logistics | Transportation
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India's struggling airlines: Flight to value
(The Economist | Aug 6)
In the first half of this year, airline passenger numbers fell by 8% to 21.1m. Last year India's aviation industry lost more than $2.5 billion-about 25% of total world airline losses despite accounting for only 2% of global traffic.
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Infrastructure | Real Estate
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Govt should appoint real estate regulator: Assocham
(Livemint.com | Aug 4)
The real estate regulator would ensure that the consumer grievances against developers, development authorities, real estate agents and financial institutions are addressed without any delay...

M.Stanley eyes China property sale for $366 mln -sources
(Reuters | Aug 4)
Morgan Stanley Real Estate, the property investment arm of the U.S. bank (MS.N) is in advanced talks with developer SOHO China (0410.HK) for the sale of a top-end office building in Shanghai, sources said on Tuesday.

Mayor: Shanghai to cool soaring property prices
(Sina | Aug 6)
Shanghai will take steps to cool the city's real-estate market as housing prices in China's financial capital are "too high".
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Health | Medicine
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Emerging market for medicines
(Financial Times | Aug 4)
The seven countries IMS Health dubs "pharmemerging markets" - China, Brazil, Mexico, Turkey, India, South Korea and Russia - will expand by 13-14 per cent in 2009, accounting for half of all global growth.
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Opinions
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Bullish on China, India: Nouriel Roubini
(Moneycontrol | Aug 4)
Nouriel Roubini, Co-Founder and Chairman, RGE Monito, said the recession will continue through the end of the year. He added that due to financial imbalances of the economy, advanced economies, especially US, Europe and Japan, will see growth below the potential for the next couple of years.

big logoSino-Indian cooperation aims for development, prosperity
(Peoples Daily Online | Aug 5)
Sino-Indian trade in the last five years climbed by an average growth of more than 30 percent a year and it reached 51.7 billion US dollars in 2008, up 35 percent year-on-year. The two nations have strived to realize the target of 60 billion dollars in bilateral trade in the year 2010.

big logoPodcast: Balancing India and China
(CFR | Aug 6)
As India and China, Asia's two rising powers, gain greater importance economically and strategically, their future relationship will affect geopolitics in the region as well as U.S. interests in Asia.
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ICA Institute

Please send your comments/suggestions to prashant.das@icainstitute.org
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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