India Next Door, China Over the Horizon: The View from South Asia

[CardSharp]

Oh yeah, Dim sum bonds.

Makes me hungry when I hear that. Just one more step in the internationalization of the Yuan.

Every issue of dimsum bonds get snapped up almost instantly. People are looking for any safe habour they can find in these times.

 

[Chinese-Dragon]

Every issue of dimsum bonds get snapped up almost instantly. People are looking for any safe habour they can find in these times.

Absolutely. Plus, the Yuan is likely to rise against the dollar in the near future, due to the Chinese government putting more emphasis on domestic consumption. So they'll make a nice profit too.

Keen appetite for Hong Kong's dim sum bonds - FT.com

 

[muse]

Off late there is proliferation of India vs. China in Chinese thinking too. For example, while, recently, I was at Hangzhou Economic and Technological Development Area, the area the Chinese government earmarked to be IT and Pharma hub, the state officials have serious plans of competing with Bangalore and Hyderabad and this was reflected in the presentation they gave us. Similarly when we met the mayor of Shanghai, he was taking about how growth of India is fuelling the price of iron ore and commodity prices and affecting Chinese development, and the government strategies of securing China’s growth upon the advent of India. India vs. China has become too ubiquitous. It is surprising that you think 'China vs. India' an Indian creation

You compare doing business and excitement about doing business with the kinds of acrimonious statements and sentiments coming out of India about being rivals of China - that's entirely misplaced I think. It would be mature if Indian friends realized that globalization has a different ethic than did mercantilism.

 

[CardSharp]

You compare doing business and excitement about doing business with the kinds of acrimonious statements and sentiments coming out of India about being rivals of China - that's entirely misplaced I think. It would be mature if Indian friends realized that globalization has a different ethic than did mercantilism.

Thank you. Precisely.

 

[KALKI]

You compare doing business and excitement about doing business with the kinds of acrimonious statements and sentiments coming out of India about being rivals of China - that's entirely misplaced I think. It would be mature if Indian friends realized that globalization has a different ethic than did mercantilism.

Indians have a great sense of appreciation for the Chinese and how they have managed to turn their country around in the past 40 years.

The Chinese mistake our appreciation as our attempt to get into a race with them.

Although, I must add, needless and ill-timed Chinese provocations like stapled visas, denial of visa to Indian General, opposition to ADB loan to Arunachal and the visit of Indian PM to Arunachal etc. have not helped much.

Indians have nothing to gain by being at the wrong side of the Chinese, but the Chinese seem to be callous in that they are only pushing India into the opposite camp.

They have only themselves to blame.

 

[muse]

Indians have a great sense of appreciation for the Chinese and how they have managed to turn their country around in the past 40 years.

The Chinese mistake our appreciation as our attempt to get into a race with them.

Although, I must add, needless and ill-timed Chinese provocations like stapled visas, denial of visa to Indian General, opposition to ADB loan to Arunachal and the visit of Indian PM to Arunachal etc. have not helped much.

Indians have nothing to gain by being at the wrong side of the Chinese, but the Chinese seem to be callous in that they are only pushing India into the opposite camp.

They have only themselves to blame.

Just so that you know, it's not just Chinese who think you guys take a very strident, acrimonious view of competition, it's generally seem as rivalry - the difference between the two is what usually sparks mush hostility.