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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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ICA Institute Survey
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(ICA Institute | Jan 09)
Please share your opinion and views about the system of higher education (including and beyond bachelor's level programs) in India, China and America. The survey should take around 3-5 minutes. Your inputs may provide useful insights in developing the right policies and strategies to the people who matter. CLICK HERE
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From Our Publications
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(JEKEM | Vol-1 Issue-1)
Relations between the People's Republic of China and Latin America are
characterized more by expanding trade flows and business connections
than by establishing traditional political or military ties. China's
emergence in the region is peaceful and constructive. China's rise in
Latin America provides more opportunities than challenges for both
Latin American and the United States,
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Insights
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Excerpts from the Address by Azim Premji, Founder-Wipro, at IIT Delhi's Convocation Ceremony
(ICA Institute | Jan 09)
"The funny thing about life is that you realize the value of something only when it begins to leave you..."
Outlook 2010: Emerging Markets 
(Trustnet | Dec 30)
Asia is shifting from export-led to domestic-led growth; and domestic demand growth is also a feature in Latin America, notably Brazil.
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Headlines
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China economy to grow 9.5 percent in 2010
(Reuters | Jan 1)
China's economy is likely to grow 9.5 percent in 2010, topping last year's expected figure, as real estate investment buoys growth and inflation remains mild, a leading state thinktank said in a report published on Friday.
Four Signs that China Will Lead World Economy in 2010
(Seeking Alpha | Jan 4)
2009 was the year that China played an important role in leading the world out of deep recession. Worldwide stock market indices rallied 60-80% from March lows, and most achieved a 10-20% gain for the year. While the Chinese market gained strongly as a result of swift policy-making from central government, more stable economic indicators show 2010 may be an even better year for the Chinese market.
Dollar dips on Fed talk, overseas economic strength
(Market Watch | Jan 4)
The dollar fell against major rivals on Monday after upbeat economic data from the U.K. and China helped offset a strong U.S. report on manufacturing, just as Federal Reserve officials signaled interest rates would stay low for the foreseeable future.
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Policy | Politics
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New power trinity: India, China and U.S.
(UPI Asia | Dec 31)
The recent climate conference in Copenhagen saw the emergence of a new trinity at the head-of-state level. As the conference veered toward failure, U.S. President Barack Obama broke all diplomatic protocol and barged into a private meeting of the BASIC countries - Brazil, South Africa, India and China - whose leaders were drafting an alternate strategy to the developed countries' strategy for dumping the Kyoto Protocol.
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Capital Markets
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China's 'Big Step' on Futures May Boost Investments
(Bloomberg News | Jan 8)
China Securities Regulatory Commission said that the government has approved the introduction of index future, margin trading and short-selling. The index future may begin to be traded as early as March. This is a gigantic leap for China's capital market.
India Inc may take QIP route again for funds in 2010
(ET | Jan 2)
QIP is a private placement by which a company sells its shares to qualified institutional buyers (QIBs) on a discretionary basis with the two-week average price being the floor. In a QIP, unlike an IPO or PE investment, the window is shorter (four weeks) and money can be raised quickly.
India, Not China Is Safest Emerging Market
(CNBC | Jan 4)
The long-term investment trend is definitely pointing toward Asia, but China may not be the best opportunity in the region while India could be a safer bet, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC Monday.
Goldman Makes 'Call of Decade' by Promoting BRICs: Chart of Day
(Bloomberg | Dec 31)
Goldman Sachs Group Inc.'s forecast that Brazil, Russia, India and China would eventually eclipse the Group of Seven countries economically has been described as "the biggest market call of the decade."
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InfoComm | Technology
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Outsourcers Go Global
(Time | Jan 11)
India's IT sector, born out of the forces of globalization, is undertaking some globalization of its own. In search of new sources of rapid growth, the country's outsourcing giants are aggressively expanding beyond their usual stomping grounds into the developing world, setting up programming centers, chasing new clients and hiring local talent from Santiago in Chile to China's far-west metropolis of Chengdu.
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Industry | Manufacturing
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Turmoil Hastens Investment Trends Towards Emerging Markets
(Metal Miner | Jan 5)
ArcelorMittal, the world's largest steel producer and arguably one of the most dynamic in terms of its strategic thinking and long term ambitions has just permanently closed plants in Lackawana, N.Y. and Hennepin, IL while shifting investments to Brazil, India and eastern Europe...A spokesperson for China Iron & Steel Association said at a recent conference in Beijing that the country would end the year with production of 565 million tons of crude steel. That will be a lot more than China's domestic requirements, and because of the fragmented nature of China's steel industry, difficult to control.
India's Iron-Ore Exports Rise on Demand From China
(Bloomberg | Jan 5)
Iron-ore exports from India, the world's third-largest shipper, rose 24.5 percent in November from a year earlier on higher demand from China.
'India story has just begun'
(Hindustan Times | Jan 5)
With a growth rate that is one of the highest in the domestic automobile industry, Audi is a story that has surprised even itself. Reverses in the developed markets have made the company even more bullish in India and in a freewheeling chat with HT, Peter Schwarzenbauer, member of board of management, Audi said it may look at a premium small car for India. Excerpts...
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Logistics | Transportation
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Emerging markets to drive auto rebound next year: Scotia
(Canada.com | Dec 29)
This recovery, the Scotia report says, has less to do with what's happening in mature car markets, such as the United States, Canada and Europe, but is more about countries containing rapidly expanding middle classes, like China, India and Brazil.
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Energy
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India and China Face Off in Africa
(Energy Tribune | Jan 4)
The nearly insatiable hunger for oil has led the world's most-populous countries to Africa. And while China's efforts to tap Africa's oil resources are well known, India is trying to catch up.
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Education & Work Force Development
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As Indian Firms Hire 1300 Americans in Ohio, Governor Rejoices
(BenZingA | Jan 4)
It appears after a few decades of moving first blue collar work outside the country, and now increasingly white collar work we are now at the point where the long awaited payback for such sacrifices by the middle and working class has arrived?
1300 jobs are returning to America via Indian outsourcing firms? And all it will cost the American taxpayer is $19 million in tax credits so Ohio can create said 1300 jobs?
Concerns Rise That Indian Students Will Desert Australia Because of Safety Fears
(VOA | Dec 31)
Tourism executives predict the number of Indian students coming to Australia will fall sharply in 2010 after a series of racially motivated attacks. The assaults created a rift between Canberra and New Dehli. Tourism officials estimate a decline in students from India will cost Australia $70 million in lost revenue.
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Infrastructure | Real Estate
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China Property Bubble May Lead to U.S.-Style Real Estate Slump
(BW | Dec 30)
Millions of Chinese are pursuing property with a zeal once typical of house-happy Americans. Some Chinese are plunking down wads of cash for homes. Others are taking out mortgages at record levels. Developers are snapping up land for luxury high- rises and villas, and the banks are eagerly funding them. Some local officials are even building towns from scratch in the desert, certain that demand won't flag. And if families can swing it, they buy two apartments: one to live in, one to flip when prices jump further.
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Agriculture
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 Icy Weather From China to U.S. Boosts Prices for Juice, Cattle
(Bloomberg | Jan 5)
The cold whether in China, US and Europe pushes the oil price to the highest since Oct 2008.
 Garlic Prices Soar in China Amid Flu Fears
(USA Today | Dec 31)
As H1N1 swine flu continues to worry China's leaders - who are rolling out a nationwide vaccine program - its people seek a more traditional remedy. Just as some Chinese turned to turnips to prevent the SARS virus in 2003, garlic has emerged as a swine flu fighter in 2009.
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Opinions
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Don't Give Up On The U.S
(Forbes | Dec 29)
Not surprisingly, many Americans have become pessimistic. Two in three adults now fear their children will be worse off than they are. Nearly 40% think China will become the world's dominant power in the next 20 years, as indicated by a recent survey. Yet, in spite of everything, I would still place my long-term bets on the U.S. Here's why...
The view from China
(Pueblo Chieftain | Jan 3)
While the APEC summit was not a major story in the U.S., it was widely reported in China. Obama's arrival was therefore treated as the next step in a continuing dialog, one in which Hu and Obama already had met three times and engaged in three extended phone conversations during Obama's first 10 months in office.
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Sincerely,
ICA Institute
Please send your comments/suggestions to prashant.das@icainstitute.org
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