http://indianeconomy.org/2005/08/17/hindi-chini-bhai-bhai/ Issues & insights Fri, 29 Aug 2008 11:14:07 +0000 http://wordpress.org/?v=2.6.1 http://indianeconomy.org/2005/08/17/hindi-chini-bhai-bhai/#comment-88 Nanda Kishore Sun, 21 Aug 2005 05:14:31 +0000 http://indianeconomy.org/?p=43#comment-88 A most ill-advised idea, if ever there was one! India and China still have political issues to resolve, and are competitors or potential competitors in many strategic sectors. China is still an economic and political rival (if not threat), and we should be ultra-cautious about these things. As for the CNOOC deal, there are two sides to it - (a) India should be happy that China was not able to secure the deal, as a competitor (b) India (and the developing world) would have obviously taken note of how the goalposts are moved when there is real competition to the existing economic world order, and plan accordingly. I was happy to note in the latter context that analysts thought India's lobbying capabilities (from an economy point of view, at least) in Washington were better than China's and that China has catching up to in that area! A most ill-advised idea, if ever there was one! India and China still have political issues to resolve, and are competitors or potential competitors in many strategic sectors. China is still an economic and political rival (if not threat), and we should be ultra-cautious about these things. As for the CNOOC deal, there are two sides to it - (a) India should be happy that China was not able to secure the deal, as a competitor (b) India (and the developing world) would have obviously taken note of how the goalposts are moved when there is real competition to the existing economic world order, and plan accordingly. I was happy to note in the latter context that analysts thought India’s lobbying capabilities (from an economy point of view, at least) in Washington were better than China’s and that China has catching up to in that area!

]]> http://indianeconomy.org/2005/08/17/hindi-chini-bhai-bhai/#comment-61 @mit Wed, 17 Aug 2005 20:40:12 +0000 http://indianeconomy.org/?p=43#comment-61 wait until Uncle SAM finds this out and arm twists the Giants wait until Uncle SAM finds this out and arm twists the Giants

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