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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.

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From ICA Institute
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JagJEKEM logoForeword
Dr. Jagdish Sheth,
India China America Institute


"The world continues to experi
ence the aftershock of globalization of trade and collapse of communism as forecasted in Tectonic Shift (Sheth and Sisodia, 2004). It will resettle with the rise of a new Triad Power (China, India and America) replacing the old trial power (Japan, Europe and America). It is the emergence of the new trilateral relationship with respect to trade, monetary policy, fiscal policy, as well as geopolitical and military alignment which will shape the future of global economy and politics. In essence, the formation of India, China and America (ICA) Institute and all of its publications and conferences will become mainstream in the coming decade. Whether the trilateral relationship emerges as harmonious or acrimonious will decide the growth of global economy, delinking old alliances and emergence of new alliances even among strange bedfellows..."
Read More                                             JEKEM Volume-2
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Headlines
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China rising, again
(Jamaica Observer | Oct 31)
So we have the spectre of American politicians promising to bring back jobs that have been 'exported' from the USA to China. They are also threatening sanctions if the Chinese authorities do not quickly and substantially revalue their currency, making Chinese goods more expensive abroad and - they hope - giving American workers a chance to compete.

Don't fear the rise of China
(CNN International | Oct 31)
Even if China's gross domestic product passes that of the United States around 2030 (as Goldman Sachs projects), the two economies would be equivalent in size, but not equal in composition. China would still have a vast underdeveloped countryside, and it will begin to face demographic problems from the delayed effects of the one child per couple policy it enforced in the 20th century. Moreover, as countries develop, there is a tendency for growth rates to slow.
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Policy | Politics
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India-US ties: From Clinton to Obama, via Bush
(Zee News | Nov 1)
Barack Obama will be the sixth president of the United States of America to visit India since it became independent in 1947. Earlier, Dwight Eisenhower (1959), Richard Nixon (1969), Jimmy Carter (1978), Bill Clinton (2000), and George W Bush (2006) paid enthusiastic visits to the South Asian country. With different policies in their bag, each leader's visit helped shape India-US ties. Addressing a meeting in June 2010 at which some of the most powerful members of Obama administration were present, Indian External Affairs Minister SM Krishna said, "Since the visit of president (Bill) Clinton (to India) a decade ago, our two countries (India and the US) have been able to transform the relationship fundamentally."

Clinton says U.S., China not at odds
(Star Advertisers | Oct 29)
Secretary of State Hillary Rodham Clinton said yesterday the U.S. has "quickened the pace and widened the scope" of engagement in Asia and the Pacific, and she downplayed concerns the U.S. is ceding power to a militarily rising China. "There are some who say that this long legacy of American leadership in the Asia-Pacific is coming to a close, that we are not here to stay. And I say, look at our record. It tells a very different story," Clinton said in a speech yesterday morning at the Kahala Hotel and Resort.
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Culture
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My Name is Khan' Gets China Release
(The Hollywood Reporter | Nov 1)
Fox Star Studios' Bollywood debut My Name Is Khan will release in China on November 30 with a premiere in Beijing. Directed by Karan Johar, My Name Is Khan was released early this year and revolves around superstar Shah Rukh Khan as a Muslim man living in post-9/11 America.
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Health
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India loses more years to illness than China, Brazil
(Indian Exoress | Oct 26)
While China loses 15,279 healthy years per one lakh population per annum on account of illness and disability, the corresponding figure for India stands at 27,316, around 80% higher. India's performance on this crucial health indicator - which is also a proxy for labour productivity - appears gloomy even when compared to emerging economies in Latin America. While Brazil boasts of a loss of only 19,475 years, Venezuela, Mexico and Paraguay lose less than 17,000 years, say World Health Organisation statistics.

Scientists Confirm China Was Birthplace Of Plague
(Red Orbit | Nov 1)
A new study tracking the DNA signature of the plague has found that the deadly disease first broke out in China more than 2,600 years ago before making its way to Europe via Central Asia's "Silk Road" trade route. The findings prove many suspicions about the long-believed Chinese origins of the plague, which killed nearly a third of Europeans during the Middle Ages.
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Energy
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India emerging key hub for wind turbines
(Hindu Business Line | Oct 28)
India, with an installed wind generating capacity of 12,800 MW, is emerging as a major manufacturing hub of wind turbines. As of now, 17 manufacturers have a consolidated annual production capacity of 7,500 MW and nine new companies are expected to enter the Indian wind energy sector in the next one or two years.

Qatar May Divert Liquefied Natural Gas to China, India, Al-Attiyah Says
(Bloomberg | Nov 1)
Qatar, the world's biggest liquefied natural gas producer, may divert more cargoes away from the U.S. to emerging markets in Asia and South America, Energy Minister Abdullah al-Attiyah said. The emirate may sell a further 7 million metric tons of the cleaner-burning fuel to China and 4 million to 5 million tons to India as it diverts cargoes dedicated to the west, al-Attiyah said at a conference in Singapore today. The country will have 77 million tons of LNG capacity by December, he said.
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Education & Work Force Development
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India | Expert panel to study china model to improve IITs
(Hindustan Times | Nov 1)
The move to study China to pull up the rankings of the IITs comes after top Chinese institutions have repeatedly outperformed their Indian counterparts in global rankings like the QS annual rankings. Six Chinese universities figure in the top 200 ranks of the 2010 QS rankings - Peking University (rank 47), Tsingua University (54), Fudan University (105), Shanghai Jiao Tong University (151), University of Science and Technology (154) and Nanjing University (177).

India, China to increase hiring in N America, Europe
(The Economic Times | Nov 1)
Emerging markets like India and China, known for their vast pool of cheap labour force, are witnessing a role reversal with companies from such countries increasingly hiring in North America and Europe , says a study. Growth market companies - led by the twin forces of China and India -- are increasingly hiring in North America and Europe, according to the latest IBM Global Chief Human Resource Officer study.

How to invest in jobs for America
(CNN International | Nov 1)
Perhaps the most intelligent investment we can make is in human capital, particularly in talented people in science, math and computers. We've trained them often at taxpayer expense. Someone getting a computer science degree at the University of California at Berkeley is being trained at the California government's expense and is then thrown out of the country. We don't reap any benefits from it. This is a great investment strategy for the future of China and India. But it's a terrible investment strategy for the United States.
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Infrastructure | Real Estate
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India| Lending to real estate increases by 10.4%
(Financial Chronicle | Nov 1)
Total outstanding in the real estate sector at the end of September 24, 2010 was Rs 101,662 crore. As per the RBI's data on deployment of gross credit by major sectors, increase in lo�ans to commercial real estate is second highest after education sector growing at 11 per cent at the end of Se�pte�mber 24, 2010. However, qu�antum of loan size for education is much lesser at Rs 40,944 crore. Lending to education sector grew by Rs 4,060 crore as on September.
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Opinions
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China vs. India: An Investment Dilemma?
(Market Playground | Oct 31)
t's very true that China's infrastructure and cities are far more advanced than India's, as China's economy has seen 9% GDP growth for the past 30 years, but India has never been far behind in terms of economic growth, averaging around 6-7%, and is pumping huge sums into developing its infrastructure. For me though, the Chinese economic model has reached its pinnacle and cracks are beginning to appear.

It's Morning in India
(New York Times | Oct 31)
This isn't just so American values triumph. With a rising China on one side and a crumbling Pakistan on the other, India's newfound friendship with America has taken on strategic importance. "It is very worrying to live in a world that no longer has the balance of power we've had for 60 years," said Shekhar Gupta, editor of The Indian Express newspaper. "That is why everyone is concerned about America."

Governance : Can India have too much?
(360� : Insights on Doing Business with India | Oct 27)
In June 2008, Goldman Sachs issued a report titled 'Ten Things for India to Achieve its 2050 Potential'. On the top of the list was the clarion call to improve governance. Fast forward to the present day and an interesting tapestry of regulation and regulatory bodies starts revealing itself.

Harvard, Rockefeller Are Coming Back in Vogue: William Pesek
(Bloomberg | Nov 1)
Imagine a world leader rocking up to the White House at midday on Christmas or July 4 wondering why their U.S. counterpart isn't ecstatic to see them. Obama showing up in Mumbai during the Hindu festival of lights is a cultural faux pas that hasn't been lost on the second-most populous nation.

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Sincerely,
ICA Institute

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International Contributors Editorial Board
Prashant Das - Co-Editor | Anitha Vadavatha - Co-Editor | Ruchir Agrawal - Atlanta | Christopher Chan - Intellectual Property - Hong Kong | Dr. Sudhanva Char - Academic Resources | Harsha Harjani - Hong Kong | Asha Hemrajani - Singapore | Geoff Hiscock - Australia | Ratika Jain - UK | Innovation | Shree Pandya - Engaging Youth | Xun Sun - Architecture Consultant | Dr. Yu Xiao - USA | Dr. Nilay Yajnik - India | Dexin Zhou - China |