India is yet to have a "free floating currency". The exchange rates are controlled.
Quote:
Originally posted by BlueLobster
The perception also is that China pursues its ambitions very aggressively, whereas India is much more tamer.
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Quote:
Originally posted by jake3d
Quote:
Originally posted by BlueLobster
The perception also is that China pursues its ambitions very aggressively, whereas India is much more tamer.
Apparently, its not just a perception. They are now claiming the whole of Arunachal Pradesh.
"Chinese Ambassador to India, Sun Yuxi claimed Arunachal Pradesh to be Chinese territory. In an interview with CNN-IBN, he claimed
"In our position, the whole of Arunachal Pradesh is Chinese territory and Tawang is only one place in it. We are claiming whole of that (Arunachal Pradesh). That is our position,"
http://o3.indiatimes.com/monologueofanomad/archive/2006/11/15/2568478.aspx
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Quote:
Originally posted by BlueLobster
Quote:
Originally posted by jake3d
Quote:
Originally posted by BlueLobster
The perception also is that China pursues its ambitions very aggressively, whereas India is much more tamer.
Apparently, its not just a perception. They are now claiming the whole of Arunachal Pradesh.
"Chinese Ambassador to India, Sun Yuxi claimed Arunachal Pradesh to be Chinese territory. In an interview with CNN-IBN, he claimed
"In our position, the whole of Arunachal Pradesh is Chinese territory and Tawang is only one place in it. We are claiming whole of that (Arunachal Pradesh). That is our position,"
http://o3.indiatimes.com/monologueofanomad/archive/2006/11/15/2568478.aspx
Let's get an Indian ambassador to say stuff like that about a Chinese province and watch the reaction! He'll be back on a flight home before he can spell province.
And what did our great govt. do about this? How about nothing?
Wake up and accept the fact.. China is far ahead than India, India is about 5 years behind China in the deveploment Index..
In the future China is going to get a major share of the IT and BPO Industry.. The software Business in India is going to go to China, because of the cheap labour and the fact that many Chinese are learnng English and above all Chinese are recognised as better Techies than Indians in the US & Europe. the only problem was with their english which they would soon overcome.
Thanx to the myopic policies & Politicians India will again loose the race.. The Indian IT companies know abt this and thats the reason all have their deveploment centres in China.
Countrie like Vietnam & Philipines will beat India ..in the race to econimic growth..Philipines is a major hub for the BPO Industry and Vietnam will soon repeat the succes story of China especially in manufacturing sector...
Mumbai will never be like Shanghai..but surely is moving towards being like any other South American City...
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