I am not getting you. You are saying that china has great prowess, but how it came because the manufacturing is out sourced there so that it can be built in cheap prices, nothing else. If there prices increase the manufacturing will move some where else. As simple as that.
I didn't say China had great prowess. What I said was the India does not have great "industrial prowess" as you yourself claimed in post #17:
The G 8 expansion is more to reflect the growing industrial prowess of nations
Now this is what prowess means according to an online dictionary:
1.
exceptional valor, bravery, or
ability, esp. in combat or battle.
2.
exceptional or superior ability, skill, or strength: his prowess as a public speaker.
3. a valiant or daring deed.
Then to further clarify my point I added that India does not have any "technological prowess" either and I backed that up by showing that despite having 1/5th of the world's population India does not produce any technologically advanced products today by any stretch of the imagination which are competitive enough for export and in fact is reliant even on tiny nations like Israel for defence technology. Everyone knows that and there is no disputing it. Well at least not by rational people.
So once again this shows that India's invitation into the expanding G8 has nothing to do with it's prowess or "growing influence" anywhere because India has absolutely no clout whatsoever and is in fact dependent on the world economy for a lot of exports which can very easily be replaced by someone else.
And as I stated so many times it has no manufacturing capacity which can compete with China's. China can still produce goods cheaper than anyone else on the planet. India isn't even close as far as I know.
Now what is this neo colonial type of future economy? care to explain.
Neo means new and colonial, well I think we all know what that means. A neocolonial economy would be an economy controlled almost entirely from the outside by colonialists obviously. This will possibly take the form of global multinationals with one foot in India throwing crumbs at Indians even in areas such as R&D but keeping the really juicy profits out of Indian hands somehow.
The intricate details of how all this will transpire are not easy to relay in a few paragraphs but my point is that this self glorification engaged in by Indians in this thread is veering far from the truth.
So once again, my point is that the invitation of India into the G8 has some ulterior motive. It is a carrot, ie part of some sort of control mechanism whereby this will be used to wean India into a neocolonial type of future economy. There is something else going in here besides the simplistic nonsense which is being sold in this thread by Indians getting high on themselves.