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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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Internationalizing the University
(JEKEM | Vol 1 Issue 1)
Leading universities around the globe have begun to internationalize
their campuses. This effort is being driven by historic political and
economic changes, changes in the academic and nonacademic environment,
and by the strategic imperative for universities to remain at the
forefront of its teaching, research and service missions...How can leaders understand and manage these demands?
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ICA Insights
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 A New Avatar of Outsourcing
(ChindiaBiz | Apr 16)
With time, the interest about outsourcing seems to have gone down. The historical stock price trends of top Indian IT off-shoring companies tell an entirely opposite story. As the curiosity about "outsourcing" decreases, internet-surfers worldwide have been showing greater interest in learning about "Reverse Outsourcing". What really "Reverse Outsourcing" is, though?
Click here to download in PDF format.
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Quote of the Issue
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 Google's Next Search: A New China Strategy?
(Knowledge@Wharton | Mar 31)
"Baidu (the Chinese internet search company) may be in a tougher situation now because of the fact that Google has withdrawn from the market."
-John Zhang (Marketing Professor, Wharton School)
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Headlines
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 Hu's visit significant to relations with Latin America
(Xinhua | Apr 8)
Chinese President Hu Jintao's upcoming visit to Brazil, Venezuela and Chile will be significant to furthering comprehensive development of China-Latin America relations...China-Latin America relations have maintained a good momentum of comprehensive and sustained growth with increased political mutual trust, expansion of cooperation and more frequent cultural exchanges...
China Rising: Assessing China's impact on America
(CNN | Apr 12)
The question nine years after China was admitted to the World Trade Organization and officially welcomed in to the world economy is this: Has China's rise been good or bad for America? With China's explosive rise comes a nation that is now a key player in America's domestic and foreign policy. Take its currency: Anything made in China is cheaper than made in the USA. Why?
Asian Economies Urged to Raise Interest Rates
(New York Times | Apr 13)
Asia's developing nations are recovering strongly from the global financial crisis, but should now start raising interest rates and adopt more flexible exchange rate policies, the Asian Development Bank said in a major report on Tuesday.
Starbucks eyes more stores in China, India
(Economic Times | Apr 13)
Starbucks sees the potential for thousands of stores in Greater China, where it currently has around 700, and is also keen on expanding in India and Vietnam...Starbucks will introduce Via in Japan on Wednesday following launches in the United Kingdom last month and the United States and Canada last year, taking aim at established instant coffee leaders Nestle SA and Kraft Foods Inc
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Policy | Politics
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Chinese officials acknowledge foreign companies face problems, promise improved conditions
(The Associated Press | Apr 14)
Cabinet officials acknowledged Wednesday foreign companies face problems in China but said the government is improving conditions, in a new effort to defuse tensions over complaints foreigners are being squeezed out of Chinese industries. The leading U.S. and European business groups in China have complained in recent weeks that Beijing is increasingly using discriminatory rules to reduce access to previously open areas of its economy and promote its technology industries.
China, Brazil agree to increase cooperation in security sector
(People's Daily Online | Apr 14)
Zhou Yongkang, a senior official with the Communist Party of China (CPC), and Jorge Felix, Chief Minister of the Brazilian Cabinet of Institutional Security, said in a meeting that the two countries would exchange experience in security work for this year's Shanghai World Expo in China, and the 2014 World Cup and 2016 Olympic Games in Brazil.
America and India Make a Pledge to Cooperate on Economic Issues
(New York Times | Apr 6)
China was never mentioned in a joint press conference afterward in New Delhi, and Indian officials said later that they had no plans to intervene in China's currency policies. The two countries may "come from different positions," Mr. Geithner said, but they have common problems, including the need to finance infrastructure projects and future innovation and to extend financial services to people outside the banking system.
 BRIC Summit Spotlights Latin America's Russia, China Ties
(Americas Society | Apr 13)
Brasilia plays host to fellow BRIC (Brazil-Russia-India-China) and IBSA (India-Brazil-South Africa) heads of state during two summits that take place between April 14 and 16. he BRICs held their first official meeting in June 2009, when they discussed shifting away from using the dollar as a global currency. With Brazil playing host this time around, the BRICs, which account for roughly 15 percent of the world's economy, continue to seek a bigger role on the world stage.
Mahbubani Says U.S.-China Trade Tension Asia's Biggest Threat
(BusinessWeek | Apr 12)
Trade tension between the U.S. and China is the biggest threat to Asian economies, said Kishore Mahbubani, dean of the National University of Singapore's Lee Kuan Yew School of Public Policy.
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Capital Markets
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State Bank of India says it plans to list in Hong Kong
(Reuters | Apr 2)
SBI Holdings Inc said it plans to list in Hong Kong, as the Japanese financial services company looks to expand its China business.
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Environment | Climate Change
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 China, India steal U.S. solar jobs
(True Slant | Apr 13)
BP Solar halted production of solar cells at its plant in Frederick, Maryland, this month...BP Solar's headquarters will remain in the U.S., and the firm will continue to sell solar panels here, but the panels will now be manufactured in Xi'an, China, and Bangalore, India. The plot thickens when you consider that the U.S., China, and India are the three stooges blamed for stalling international climate efforts as well.
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InfoComm | Technology
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China and India to lead World ATM Market Growth Says New Report
(PR Log | Apr 8)
Although India's installed ATM base is lesser than China's, it is growing at a phenomenal rate of over 100 percent year-on-year. Given such potential, vendors are focusing on manufacturing ATMs locally in order to maximize customer service, address cost concerns, and gain a superior understanding of the local market dynamics.
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Education & Work Force Development
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 Speedy Recovery: India's Job Market Heats Up
(Knowledge@Wharton | Apr 8)
In the United States, there has been a glimmer of hope on the employment front: According to job placement firm Challenger, Gray & Christmas, layoffs in March 2010 fell 55% to 67,611, from 150,411 in March 2009. Overall, however, the situation remains fairly grim. Cut to New Delhi, where officials and analysts are talking about numbers of a different magnitude. According to a report by the Associated Chambers of Commerce & Industry (Assocham), the Indian economy will create 87.37 million new jobs by 2015.
The Great US-China Student Exchange Race
(Big Think | Apr 12)
In the past few years in particular, Chinese applicants to American higher education, especialy grad schools, has seen a considerable increase. In fact the past few years have seen consistent double-digit growth from year to year in grad school applicants from China. With a number of university officials travelling to China to let the student surplus there know about their respective institutions, China's presence on campus hasn't just been noticed, but encouraged. Even American prep schools have been busy recruiting China's best and brightest.
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Infrastructure | Real Estate
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 Certain Chinese to be banned from buying real estate in Taiwan
(Focus Taiwan | Apr 8)
Under the revised regulations, Chinese citizens who are members of political parties or groups, members of the military or employed in public agencies, will not be permitted to obtain land or property here, mainly to prevent them from speculating in the local real estate market. At present, the law allows Chinese individuals, including those in these categories to transfer ownership of their residential properties in Taiwan after their property has been registered in their names for three years.
Guangdong and Hong Kong agree to build new World-Class Economic Zone
(Inchin Closer | Apr 8)
The Guangdong Provincial People's Government and the Government of Hong Kong Special Administrative Region signed the Guangdong and Hong Kong Cooperative Framework Agreement aiming to create a new world-class economic zone, with plans to create an advanced global manufacturing and modern services base, an international aviation, shipping and logistics hub and a high quality living area.
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Opinions
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 China has retreated more from free trade during the crisis than America
(The Economist | Apr 8)
AMERICA and China may yet find a civilised way to settle their differences over the yuan (see article) but there are plenty of other sources of friction between the world's largest economy and its most dynamic one. American accusations about Chinese mercantilism are met by Chinese finger-pointing about America's "Buy America" legislation. Since 2008 each has dragged the other to the WTO thrice. Both America and China, it seems, are convinced that the other is retreating from free trade.
 Ghanaian in Brazil
(Modern Ghana | Apr 8)
Until a few years ago Brazil was largely considered a developing country. But, not any more. Now it is mentioned among the new/emerging economies or BRIC countries - that's Brazil, Russia, India and China. So with a South-South mind-set I am thinking ... that what Brazil can do Ghana can do! And even do better, if we work harder, with greater purpose and urgency.
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Sincerely,
ICA Institute
Please send your comments/suggestions to prashant.das@icainstitute.org
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