Dancing with Giants: China, India and the Global Economy
March 9th, 2007 - by 2point6billion.com
Another notable World Bank publication just put out in January this year. A great resource for those wanting to learn the basics and current movements of these two huge economies into the international marketplace as their companies and national interests ‘go global’. The book comprises of six essays focusing on China and India’s foreign trade, domestic industrial development capabilities and financial systems and the rest of the book looks into the challenges these two countries face which may influence their aims to develop. The book also goes into implications of energy and environment, two major areas of criticism that China and India face from the global community.
The book’s 292 pages (full text) is available for free at: http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2007/01/10/
000020953_20070110150325/Rendered/PDF/383390Dancing0with0giants01PUBLIC1.pdf
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of Dezan Shira & Associates, the Asian foreign direct investment legal and tax practice responsible for this website, with details of services provided to MNC’s across Asia and our Asian Regional offices. 
March 10th, 2007 at 8:43 pm
Thanks Sumita, thats a good call;
In conducting my own research for investing in India and working out the likely impact of the China- India emergence, I can recommend another two books:
“Chindia - How China & India are Revolutionizing Global Business” - by Pete Engardio.
Engardio is a senior writer for BusinessWeek, and much as I dislike the term “Chindia” nonetheless he does a good job of analysing the cultures, economics and business practices of the two nations, and looks especially at China’s case for global manufacturing and India’s as it’s IT centre;
“In Spite of the Gods - the strange rise of modern India” - by Edward Luce
Luce is a seasoned FT reporter and was their bureau honcho in New Delhi for 4 years. His book is a witty, detailed, and thoughtful treaty of why India is the way it is (Indiaologist William Dalrymple, the noted India history buff, contributes a foreword) Luce’s tome explores the historical context and is able to rationalise the effect of this, and it’s continuing impact on India’s development.
Both well worth investing in - some of the best amongst the amazing explosion of “Chindia” based titles I see at airport departure lounges!