Article about India in New York Times


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BlueLobster   
Member since: Oct 02
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Location: Mississauga

Post ID: #PID Posted on: 20-10-03 12:50:25

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Garvo Gujarati   
Member since: Nov 01
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Post ID: #PID Posted on: 20-10-03 13:44:23

quotes from above article

Quote:

No longer. A year ago, India was in a national funk over China having surged ahead economically. Now, there is a cautious sense that over time, India could prove the turtle to China's hare, thanks to its entrepreneurial spirit, its strong higher education system and its democracy.

"There's a lot of confidence in India today, even in respect to China," said Jairam Ramesh, the senior economic adviser to the opposition Congress Party.

India now has a $500 million trade surplus with China, and Indian companies increasingly see China less as a threat than an opportunity. A delegation of Indian industrialists is now in China to market everything from steel to pharmaceuticals.





If we can sell things in China - what can be better than that? :cheers:


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