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 Publications
***************************************** U.S. Student Teachers in Belize, China and Mexico (JEKEM | Vol 1 Issue 1) This paper presentation offers a framework and analysis highlighting
similarities and differences among three student teaching abroad
settings, Belize, Mexico and China, associated with a state university
in the southeastern United States. Findings relate to cultural,
professional and character development influences on participating
student teachers and the overall development patterns associated with
the particular country contexts, singly and comparatively. *****************************************
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Events & Announcements
***************************************** Destination India 2010: Green & Social Entrepreneurship (India Trade Conference | Jan 1) The Port of Los Angeles, Southern California Edison, Network of Indian Professionals, and Quanta Consulting, Inc. present The 3rd Annual India Trade Conference Date:JULY 29, 2010 City - LOS ANGELES
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Headlines
***************************************** India, China to produce most multinationals (Economic Times | Apr 30) Indian and Chinese firms, seeking resources and new overseas markets as they expand, will lead a host of new multinational firms from emerging economies over the next 15 years, according to PricewaterhouseCoopers. The number of companies from emerging markets that have set up operations overseas has increased over the last five years as their economies expanded, and with the easing of trade barriers, enabling them to outpace sluggish developed markets
China unveils regulations to boost foreign investment in central regions (People's Daily Online | Apr 30) Chinese Ministry of Commerce released regulations concerning foreign investment in China's central region in Nanchang Thursday. The region - which includes the provinces of Shanxi, Anhui, Jiangxi, Henan, Hubei and Hunan - should attract high-end green industry with policy incentives and guidance, the regulations say.
India
on US religion panel watch list (Telegraph Calcutta | Apr 30) America's religious freedom monitor has placed India on its "watch
list" for the second year running, calling Delhi's steps to address
"threats to religious minorities'' slow and often ineffective. The US
Commission on International Religious Freedom, which will release its
report tomorrow, lists India with 28 other countries, including
Afghanistan, Pakistan, Saudi Arabia and China.
China becomes No 4 tourism spender (People's Daily Online | Apr 29) China overtook France to occupy the fourth place last year in the ranking of the world's top spenders on international tourism, the United Nations World Tourism Organization said. Chinese tourists spent US$44 billion on their travels abroad in 2009 despite the global economic downturn, propping up other economies by eating out, occupying hotel rooms and visiting attractions, the organization said Wednesday.
Ban removed on foreigners with HIV/AIDS (China Daily | Apr 29) the (Chinese) government passed amendments on April 19, revising its border health quarantine law and the law on control of the entry and exit of aliens. The move came days before the opening of the Shanghai Expo, which starts on Saturday and is expected to receive 4 million overseas visitors.
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Policy | Politics
***************************************** Sarkozy to Focus on 'Comprehensive, Long Term' Ties (Beijing Review | Apr 29) Sarkozy's fourth visit to China will focus on developing "long term" and "comprehensive" bilateral ties. Beijing and Paris attach great importance to French President Nicolas Sarkozy's three-day state visit to China starting April 28, and talks will focus on developing "long term" and "comprehensive" bilateral ties, the top Chinese diplomat was quoted as saying by China News Service in Paris.
China includes internet in secrets law revision (Financial Times | Apr 29) The amended law, which will take effect on October 1, stipulates that "internet and other public information networking operators and service providers must cooperate in state secrets investigations by the police, state security and prosecutorial institutions", according to a statement carried by state media.
VP Biden touts economic "secret weapon" (WDel News | May 1) Vice President Biden says America has a "secret weapon" that will allow it to stay in the economic forefront this century, even with competition from China and India. Biden says in the latter part of the last century, there was debate here about whether US companies should adopt the highly-regimented Japanese business approach
U.S. Businesses Wary About Protectionism In China (Wall Street Journal | Apr 26) A new survey from the American Chamber of Commerce in China indicated that concern is growing among U.S. businesses in the country that protectionist policies are threatening their long-term future in a key market, even while they remain optimistic about an economy that has rebounded strongly from the global recession.
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InfoComm | Technology
***************************************** Baidu Profit Doubles on Google (Wall Street Journal | Apr 29) Baidu Inc.'s first-quarter earnings more than doubled as it benefited from the conflict between Beijing and Google Inc., as well as improved customer acceptance of its new advertising system.
India second top spam generating country in world: Study (Economic Times | Apr 29) India has been ranked second in the list of "dirty dozen" spam relaying countries, accounting for over seven per cent of global junk mails sent during the first quarter of the year, according to a new study. The country is lagging behind the US, which continues to remain as the king of spam, relaying more than 13 per cent of world's total junk mails, while China has successfully pulled itself out of the list, the study by computer security firm Sophos said today.
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Industry | Manufacturing
***************************************** China rules U.S. chicken products subsidized (People's Daily Online | Apr 28) U.S. companies exporting broiler chicken products which had provided information to the Chinese investigation would face duties of 3.8 to 11.2 percent, while those that had not responded to probes would be subject to a 31.4 percent tariff, said the ministry in an online statement. The investigation results showed the U.S. broiler chicken exporters had received government subsidies, which had caused substantial losses to Chinese companies, according to the statement.
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Infrastructure | Real Estate
***************************************** Home prices expected to fall as gov't moves to cool property market (Xinhua Net | Apr 28) Analysts said the new policy has shown that a string of government measures introduced recently to cool down the real estate market began to impact the market. They expected the measures could give a hard strike on real estate speculation and drag down the home prices.
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Opinions
***************************************** What Americans think of China's rise (Ethopian Review | Apr 30) China is the fastest growing nation in the world. Its stunning economic performance has left many in its shadows. While summing up how Americans feel about China's economic growth may be difficult, economist Thomas Rawski from the University of Pittsburgh believes there are two major aspects: "I think right now people are concerned about the economic aspect of China's rapid development. I think there's considerable admiration, people are impressed by what the Chinese have accomplished, especially in the economic sphere. And there's somewhat an undercurrent of worry about the consequences of Chinese expansion for the American economy, for employment in the United States and so on."
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Insights
***************************************** How can sub-saharan africa turn the china-india threat into an opportunity? (Book Chapter|Doing Good or Doing Better) The rise of India and China-The Asian Driver Economies-is transforming the global economic, political and social landscape...
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Sincerely,
ICA Institute
Please send your comments/suggestions to prashant.das@icainstitute.org
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