Chapter 7Committed PioneersChinese Companies in India
India needs outside capital, and expertise in manufacturing and infrastructure. China must invest its surplus funds abroad, ideally not just in government bonds—as mostly happens in America—and ideally in countries that are not about to go belly up, as may happen in Europe. Chinese investment in India is an idea whose time has come, if only the two sides can conquer a legacy of mistrust.1—“Friend, Enemy, Rival, Investor,” Economist, June 2012
Indian businessmen and women who find China baffling and a land of mystery may want to take solace in the fact that their Chinese counterparts coming to India find that country no less baffling. Consider, for example, the following observations shared ...
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