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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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From Our Journal
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Doing business in China: A risk analysis
(Karthik Jayaraman | JEKEM | Vol 1 No 1)
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Unlike in the west, where building relationships has less importance due to the strict laws and a culture that supports contractual obligations, in China, one relies on one's guanxiwang. Understanding guanxi is a challenging process for a westerner and building a guanxiwang is often a time consuming process, so it is prudent for a western company to recruit the right people with the appropriate guanxiwang to overcome these challenges.
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Insights
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Understanding Chinese Limited Companies
(China-Briefing | Dec 8)
Due diligence when conducting business in China should always be a prerequisite, and this is the case whether or not you are considering purchasing or selling to a Chinese company, or a more formal arrangement such as a joint venture. A Chinese company business license can provide a great deal of information about the company which can be checked off
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Headlines
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Single Migration Populated Asia
(Financial Times | Dec 11 2009)
A study of genetic variation in Asia has suggested that the continent
was populated through a single migration event. The research, by an
international consortium, looked at the genetic make-up of almost 2,000
people from 73 Asian and two non-Asian populations.
China and India: Greater Economic Integration
(American Chronicle | Dec 5)
Economic ties between China and India will play a large role in one of the most important bilater- al relationships in the world by 2020. Bilateral trade has already surged from under $3 billion in 2000 to nearly $52 billion in 2008.
Russia supports India's claim for permanent UNSC seat
(Hindistan Times | Dec 7)
"The UNSC reform should be carried out in a way to reflect the modern-day realities and make this organisation more representative and effective in resolving the existing and emerging tasks," the Indo-Russian declaration said.
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Policy | Politics
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China and the world: public opinion and foreign policy
(Lowy Institute | Dec 2)
By what do the Chinese people feel threatened? How do they feel about foreign investment from Australia, Canada and the United States? Which country do the Chinese people regard as the best place to be educated and what do they think of Australia - is it a good place to visit, a country with attractive values or is it suspicious of China?
Singh's Shrewd Move: A shift on India's nuclear policy
(NEWSWEEK | Dec 4)
But in a move that will have significant implications for India as a rising power, and for global diplomacy, Indian Prime Minister Manmohan Singh reversed course publicly on Nov. 29, saying that India is willing to join the NPT as a nuclear-weapons state.
The New Rules: Overleveraging American Foreign and Domestic Policy
(WPR | Dec 7)
...rising economic pillars such as India and China are ratcheting up their defense spending dramatically. But China's budget sits at roughly one-tenth of ours, and Indian spending isn't even one-third that of China.
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Environment | Climate Change
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World Bank to loan India $1 billion to clean up Ganges
(Yahoo! News | Dec 3)
The lender will also help India access $4 billion in funds for stopping dumping of untreated waste into the Ganges, according to a joint statement issued by Minister Jairam Ramesh and World Bank President Rober Zoellick in the Indian capital.
The 2,510-kilometre-long river that runs from a glacier in the western Himalayas to the Bay of Bengal in Bangladesh, supports over 400 million of India's 1.1 billion population.
Why the Copenhagen climate talks matter
(CNNMoney.com | Dec 5)
They won't likely deliver a new global treaty on global warming, but the decisions made here may still change our lives.
How Discarded Computers Are Poisoning Africa's Kids
(ABC News | Dec 7)
People in the West throw away millions of old computers every year. Hundreds of thousands of them end up in Africa, where children try to eke out a living by selling the scrap. But the toxic elements in the waste are slowly poisoning them.
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InfoComm | Technology
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Wipro says sees growth in Middle East, China
(Reuters | Dec 8)
Wipro Ltd (WIPR.BO), India's No. 3 software services exporter, is pursuing large outsourcing deals in Europe and is expanding operations in China that will help get more Japanese contracts, a top official said on Tuesday.
Microsoft increases anti-piracy efforts worldwide
(AfterDawn.com | Dec 6)
Twelve raids took place in China, with the China Copyright Administration raiding companies charged with alleged counterfeiting of software. A lawsuit was also filed against a Chinese "system builder for hard-disk loading piracy."
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Logistics | Transportation
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GM reduces stake in China
(Detroit News | Dec 5)
GM said in a statement that the transfer of a 1 percent stake to SAIC Motor would "assist China's leading listed automotive company in consolidating Shanghai GM revenue into SAIC Motor, which will provide investors a clear understanding of its business."
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Energy
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USA remains most attractive country for renewable energy
(Renewable Energy Focus.com | Dec 7)
The United States remains the most attractive country overall for renewable energy, but China has moved ahead of Germany to take second spot in the rankings released by Ernst & Young.
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Infrastructure | Real Estate
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More Listed Companies Turn to Real Estate Sector
(Trading Markets.com | Dec 7)
In the first three quarters of this year, a total of 14 companies listed in the Shanghai and Shenzhen stock bourses turned their sights into the house sector. Actually, the restructuring and acquisition in the real estate sector of China's Mainland has influenced the financial center Hong Kong.
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Education | Work Force
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India to add 220 million to workforce by 2030: RBI
(Indo-Asian News Service | Dec 6)
India will add a whopping 220 million to its workforce by 2030, Reserve Bank of India (RBI) Deputy Governor Subir Gokarn said on Saturday.
CIBT Expands to India
(CNN Money | Dec 7)
CIBT Education Group Inc. (the "Company") (NYSE Amex & TSXV symbol: MBA) reports that it has signed a term sheet agreement with a Canadian based investment holding company with an extensive business presence in India to license the brands CIBT School of Business and Sprott-Shaw Community College in a number of selected states in India.
A culture clash over Confucius Institutes
(USA Today | Dec 7)
The website for the Beijing-based Confucius Institute, which was established by an arm of the Chinese Ministry of Education known as Hanban, says there were 80 U.S.-based Confucius Institutes as of October. Hanban provides start-up money - about $100,000 at Nebraska - plus instructors and the opportunity for host sites to apply for more money. This year, Nebraska received $270,000.
Chinese college students flocking to U.S. campuses
(USA Today | Dec 7)
President Obama announced plans last month to "dramatically expand" to 100,000 the number of U.S. students who study in China over the next four years, calling such exchanges "a clear commitment to build ties among our people in the steady pursuit of cooperation that will serve our nations, and the world.
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Opinions
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China dominance? U.S. decline and fall? Believe it when you see it
(Salon.com | Dec 7)
"...What does the decade of 2010-20 hold in store? There is already a consensus among America's commentariat. We are told that the near future will see the decline of the United States and the rise of China in global power politics and, as an added attraction, the decline of the nation-state...Yeah, sure. I'll believe it when I see it..."
India and China or India vs. China?
(New America Media | Dec 7)
In the last thirty years, China has raced ahead economically. Its 2008 GDP, measured using American prices (Purchasing Power Parity), amounted to 56% of America's. Such progress has produced a new self-confidence in China.
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Sincerely,
ICA Institute
Please send your comments/suggestions to prashant.das@icainstitute.org
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