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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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Events | Announcements
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 Sign Up for Free Access to our Journal
(ICA Institute | Oct 16)
Sign up for free access to the India, China & America Institute's new online publication, Journal of Emerging Knowledge on Emerging Markets at www.icainstitute.org/ojs/
The India, China & America Institute's Working Papers Journal, Journal of Emerging Knowledge on Emerging Markets, provides a forum for the exchange of ideas and shared learning experiences among policy makers, scholars and practitioners on the global economic impact of India, China and America.
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Headlines
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Asian countries to dominate global BPO
(Inquirer | Oct 20)
Asian countries, including the Philippines, are touted to dominate the global outsourcing industry, forecasted to reach a $1.3 trillion by 2020, according to an Indian executive. The remaining 15 to 20 percent of the market would be shared by Europe, Latin America and other countries...
BBVA economist: U.S. recovery depends on Asia, Latin America
(Jacksonville Business Journal | Oct 20)
"...the economies of China, India, Singapore, Peru and Brazil are expected to grow by 4 percent to 6 percent annually. The growth of these countries' middle class, especially in China, will drive consumption of imports."
Emerging markets become buffer for falling Chinese exports
(Xinhua | Oct 20)
As the U.S. and European consumers tighten their purse strings in the wake of the financial crisis, emerging markets like the Middle East and South America become a buffer for the Chinese exports, which tumbled to the worst in a decade as financial crisis sapped demands for Chinese goods.
A bubble in Beijing?
(The Economist | Oct 8)
Has the world got a new bubble economy? A rising chorus of foam-spotters believes so. Their argument is simple: to support demand, China's government has created huge quantities of credit. That lending is leading to unsustainable asset-price inflation, while wasteful investment is producing oodles of excess capacity. As a result, China's stimulus will inevitably be followed by a bust down the road.
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Policy | Politics
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Widen the base
(Indian Express | Oct 14)
As China and India struggle to stabilise their wobbly relationship - the latest bump comes from Beijing's protest against Prime Minister Manmohan Singh's visit to Arunachal Pradesh - there is one big missing link. It is the absence of sustained engagement between their political classes.
India not in competition with China in Africa: Tharoor
(Yahoo! news | Oct 19)
Stressing that it had a key role to play in Africa''s future, India today said that there was no need to compete with China in the continent where Beijing has already established a strong presence. "As far as we''re concerned our relationship with the very many countries of Africa is independent of what China is doing there," Minister of State for External Affairs Shashi Tharoor told PTI during his first official visit to New York.
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Money & Capital Markets
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India Inc on a fund raising spree, raises $9 bn
(The Economic Times | Oct 19)
Indian firms are gearing up to raise $15 billion (Rs 69,427 crore) in the next six months. The list includes Hindalco (Rs 2,900 crore), JSW Steel ($1 billion), India Cements ($100 million), Essar Oil ($2 billion), Tata Steel (Rs 5,000 crore), Jet Airways ($ 400 million) and Bharat Forge ($150 million), according to Bloomberg data.
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Environment | Climate Change
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Beijing's Air Is Cleaner, but Far From Clean
(New York Times | Oct 16)
China may have a hard-earned reputation for long-neglected and fearsome environmental problems, from poisoned rivers to chemical-belching smelters. But the nation's capital, Beijing, is trying hard to clean up its dirty air. In the past decade, in fact, authorities have moved against air pollution problems with a tenacity that some environmentalists in developed nations, pitted against industry lobbyists and balky political machinery, can only envy.
India, China ink pact to fight climate change together
(HeadlinesIndia.com | Oct 21)
India and China today signed an agreement to cooperate on ways to fight climate change. They will also continue to work together in international climate deal negotiations.
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Industry | Manufacturing
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Analyst raises Coca-Cola estimates on sales boost
(AP | Oct 12)
India's volumes should be up 20 percent, while Latin America should post a 5 percent gain. China is estimated to have a 10 percent boost in volumes. Weakness is still found in Russia and Eastern Europe, he said, as consumers trade down and cut their spending amid the recession.
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Logistics | Transportation
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Let's take China track on rlys: (PM of India)
(Hindustan Times | Oct 18)
Chinese railways was behind its Indian counterpart till late 1980s. But now it carries four times more freight and is expanding three times faster than the Indian railways. On an average China is adding 1,000 km of tracks every year since 1992 as compared to less than 100 km for Indian Railways.
General Motors, Chinese Partner SAIC Reportedly In Talks On Cooperation In India - Update
(RTT News | Oct 18)
The Chinese company is in talks with Detroit-based General Motors, or GM, about building minivans and small cars in India because of demand there for inexpensive vehicles, reports indicated.
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Infrastructure | Real Estate
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From India, a Homespun Brand of Hospitality
(New York Times | Oct 18)
There is a major shortage of hotel beds in India; the entire country has only about 130,000 rooms in branded hotels - some 10,000 less than in Las Vegas, according to HVS, a global hospitality consultancy group. And with thousands of visitors expected to converge on greater Delhi for the 2010 Commonwealth Games, the hotel shortage may become especially severe.
New Model for Chinese Real Estate Developers: Fast-turn Around
(Reuters | Oct 18)
Adequate land reserves can help companies avoid risks resulting from price fluctuations. Price increases in buildings always lead to price increases in land, so healthy land reserves can provide a guarantee that a company can maintain steady growth.
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Opinions
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WSJ: China, India Border Stoke Rivalry
(Benzinga.com| Oct 23)
"...the potential friction between India and China...As
Americans conflict is a great thing for us, as one of the last great
export markets we still dominate is weapons. About a month ago I read a
piece where US weapon sales were 60%+ of the entire market in 2008 - go
Team USA!..."
China and India bubble ready to pop
(Sydney Morning Herald | Oct 19)
Asia's two nascent superpowers are dripping with as much potential as they are ambition. And investors do need something to buy these days other than low-yielding government debt. Yet do the prospects for the Chinese and Indian economies justify such spectacular stock rallies?
Australia's economic future linked to Asia: bank official
(Xinhua | Oct 19)
Australia's long-term economic future is linked to the performance of Asian economies, especially China and India, the Reserve Bank's assistant governor, Philip Lowe told a conference on Monday.
America's Chinese disease (not quite what you think)
(New York Times | Oct 19)
"...does the United States dare put pressure on the Chinese...? People constantly say that we can't risk it - that we're dependent on China to keep buying our debt. Yet this is all wrong under current circumstances..."
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Sincerely,
ICA Institute
Please send your comments/suggestions to prashant.das@icainstitute.org
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