Essay from the year 2005 in the subject Business economics - General, grade: 65%, Edinburgh Napier University, course: International Business, 19 entries in the bibliography, language: English, abstract: The globalisation of markets and the globalisation of production towards a more integrated and interdependent world economy is one of the fundamental changes in modern world history. Former isolated countries are opening up and as a result becoming fast growing economies. The two most impressive of all developing countries (emerging markets) for different reasons are China and India. China and India can also be described as newly industrialised economies (NIEs) which are politically stable, have free market systems and are approaching western standards. This report shows the opportunities and risks for multinational companies (MNCs) businesses in China and India, illustrated by several examples of MNCs experiences in those countries. In the end, the analysis leads to a recommendation by the author which of these economies is more attractive to do business in.

Where the last three decades of the 20th century witnessed a China rising on to the global economic stage, the first three decades of the 21st century are almost certain to bring with them the completion of that rise, not only in economic, but also political and geopolitical terms. China's integration into the global economy has brought one-fifth of the global population into the world trading system, which has increased global market potential and integration to an unprecedented level. The increased scale and depth of international specialisation propelled by an enlarged world market has offered new opportunities to boost world production, trade and consumption; with the potential for increasing the welfare of all the countries involved. However, China's integration into the global economy has forced a worldwide reallocation of economic activities. This has increased various kinds of friction in China's trading and political relations with others, as well as generating several globally significant externalities. Finding ways to accommodate China's rise in a way that ensures the future stability and prosperity of the world economy and polity is probably the most important task facing the world community in the first half of the 21st century. The book delves into these issues to reflect upon the wide range of opportunities and challenges that have emerged in the context of a rising China.

In the last 30 years, the world’s software industry has been developing rapidly and the landscape has also been changing dramatically. It is no longer predominately controlled by the developed countries such as the United States and the United Kingdom. This book examines the competitive and strategic issues faced by China and India through a political, economic, social, technological, environmental and legal analysis. The book reviews their competitive strengths and weaknesses and the potential risks for organisations looking to expand or invest resources in these two countries. The book also looks at the market strategies of both countries in a global context and identifies the critical success factors that have enabled China and India to gain competitive advantage in their respective markets. Importantly, the book examines the threats that these two countries pose to other countries looking to expand their presence in the global software markets. This book helps practitioners and business managers who are responsible for a firm’s strategy or investment resources to grasp and understand the complexities and challenges faced by those organisations looking to expand their operations in these countries. Written from a highly knowledgeable and well-respected practitioner in the field of global strategy and software engineering Draws on the authors wide-ranging practical experience of working with some of the worlds leading global service providers on major strategy development and service provision Provides practical guidance to real-world problems in the global software industry

This book offers a comparative analysis of the rise of India and China and their decisive economic and social roles in a global context. It presents a cumulative picture of the socio-economic challenges as well as the opportunities for growth and inclusive development before India and China. The volume analyses the performance of the two countries based on economic and human development indicators. It highlights the key achievements of the two countries in governance and financial growth, and the potential for further economic development. Drawing on government data and empirical research, the book examines India and China’s relative growth in trade, investments, renewable energy technologies, urbanisation, and employment and their policies on agriculture, land use, public health, and rural-urban inequality. Further, it discusses the shared challenges of inequality, poverty, gender disparity, and environment degradation which both countries face and contrasts their policy priorities and governance mechanisms. Comprehensive and insightful, this book will be of great interest for researchers and scholars of development studies, economics, international relations, comparative politics, sociology, public policy, and Asian studies. It will also be useful for think tanks, policy makers, and general readers interested in the India–China relationship.

This paper examines threat and opportunity of a rise in Chinese economy in the world market by using trade similarity and complementarity indices. Our findings indicate that India faces tough competition from China in products related to clothing, textile, leather products and capital goods. Further, there is a weak complementarity between India and China. This is due to Chinese markets are still not open for Indian goods but are open to other ASEAN countries like Thailand and Malaysia. Though, India started its comprehensive trade policy reform decades later than China, the achievement is far below expectations.

The rapid emergence of China as a major industrial power poses a complex challenge for global resource markets. Backed by the Chinese government, Chinese companies have been acquiring equity stakes in natural resource companies, extending loans to mining and petroleum investors, and writing long-term procurement contracts for oil and minerals. These activities have aroused concern that China might be "locking up" natural resource supplies, gaining "preferential access" to available output, and extending "control" over the world's extractive industries. On the demand side, Chinese appetite for vast amounts of energy and minerals puts tremendous strain on the international supply system. On the supply side, Chinese efforts to procure raw materials can either exacerbate or help solve the problems of high demand. Evidence from the 16 largest Chinese natural resource procurement arrangements shows that Chinese efforts—like Japanese deployments of capital and purchase agreements in the late 1970s through the 1980s—fall predominantly into categories that help expand, diversify, and make more competitive the global supplier system. Investigation of smaller projects indicates the 16 largest do not suffer from selection bias. However, Chinese attempts to exercise control over mining of rare earth elements may constitute a significant exception. The investigative focus of this analysis is deliberately narrow and precise, assessing the impact of Chinese resource procurement on the structure of the global supply base. The broader policy discussion in the concluding chapter raises other separate important issues, including the impact of Chinese resource procurement on rogue states, on authoritarian leadership, on civil wars, on corrupt payments and the deterioration of governance standards, and on environmental damage. Such effects may make patterns of Chinese resource procurement objectionable, on grounds quite apart from the debate about possible "control" of access on the part of China and Chinese companies.