Economic Cooperation with China
In 
the same league, the Chinese interference in the subcontinent is on a rise, be it arming Sri Lanka and Bangladesh or setting up strategic bases in Indian Ocean. China’s economic growth has coincided with a stupendous increase in its defence expenditure, reaching an official level of $45 billion ($70 billion claimed unofficially) with a massive manhunt for oil to fuel the growing economy, where time and again it is confronting ONGC. Yet, it’s not just India. Be it Taiwan, Japan or even United states and Russia, no one knows what the dragon would eventually be up to. In its quest to become the largest economy of the world – as has been predicted by the Goldman Sachs – China would increasingly have face-off s with India. And even though it still makes a lot of sense to maintain economic cooperation with China, under no circumstances can India lower its guard. We paid the price for that in 1962. It’s high time we learnt from history... or from the Chinese DonFeng missiles.
For Complete IIPM Article, Click on IIPM Article
the same league, the Chinese interference in the subcontinent is on a rise, be it arming Sri Lanka and Bangladesh or setting up strategic bases in Indian Ocean. China’s economic growth has coincided with a stupendous increase in its defence expenditure, reaching an official level of $45 billion ($70 billion claimed unofficially) with a massive manhunt for oil to fuel the growing economy, where time and again it is confronting ONGC. Yet, it’s not just India. Be it Taiwan, Japan or even United states and Russia, no one knows what the dragon would eventually be up to. In its quest to become the largest economy of the world – as has been predicted by the Goldman Sachs – China would increasingly have face-off s with India. And even though it still makes a lot of sense to maintain economic cooperation with China, under no circumstances can India lower its guard. We paid the price for that in 1962. It’s high time we learnt from history... or from the Chinese DonFeng missiles.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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