Numbers:(”47.78″,”23.96″, “Billion $”)

In the first half of 2007, China is at number one in the equity markets and India is close at the second position.     

The new September issues of India Briefing and China Briefing from Dezan Shira & Associates are now online and available to read. Monthly subscriptions to both is complimentary and can be obtained from the homepage of each site.

India Briefing this month is about setting up in India and contains details of permitted areas for foreign direct investment, an introduction to the types of legal entity that may be used as investment vehicles, and breakdowns of corporate taxes and human resources costs.

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China Briefing features articles on establishing trading companies in China, obtaining import / export licenses, as well as regional updates from around the country.

Both monthly magazines are produced by the India-China foreign direct investment firm, Dezan Shira & Associates. Legal and tax enquiries concerning investment into both China and India can be made to Sheetal Guliani, head of the firm’s India desk.

Both India and China face political problems with an increase of Islamic militants on their borders and are having to tighten border security with Pakistan as the political situation in the country continues to deterioate in the aftermath of ex-Prime Minister Nawaz Sharif, ousted by incumbent General Pervez Musharraf being arrested and subsequently deported from Pakistan earlier today. Sharif, known for his leanings towards Islamic militants, had attempted to enter the country to mount a challenge to Musharraf, who has become increasingly fragile in his political hold on the country as it faces a showdown between becoming entirely radical, and a hotbed for fanatical Islamists, and remaining a more moderate, secular society.

This breaking report from www.guardianunlimited.com:

The former Pakistani prime minister Nawaz Sharif was today deported from the country shortly after he arrived in Islamabad on his return from exile, intelligence officials said. He was returning to lead a campaign against the US-allied military ruler who ousted him eight years ago.

A tense standoff with government security officials lasted for one and a half hours on the plane after Mr Sharif arrived home.

Mr Sharif then went to the VIP lounge, where he was arrested at midday local time (0800 BST). From there, he was taken by minibus to a helicopter.

His lawyer, Amjad Malik, said Mr Sharif had been taken into custody on corruption charges revived last week by the National Accountability Bureau. “They [the security officials] swarmed him like bees,” Mr Malik said.

Police commandos entered the aircraft and surrounded the moving staircase after Mr Sharif landed on a Pakistan International Airlines flight from London. A civilian helicopter was waiting 100 metres away, its rotors spinning. (more…)

Numbers:(”86″,”69″)

The Report on the subject compared the level of economic freedom in 141 countries, India outperformed China and had the largest increase in the last 15 years as regards any country.

Theme:- promoting Shenzhen – Hong Kong as the gateway to investments in China.

Date & Time : Monday, the September 10th, 2007, at 3 PM

Venue: Hotel Le Meridian, New Delhi

This special business forum is being jointly hosted by the Shenzhen government and the Hong Kong Trade Development Council (HKTDC), organized by Shenzhen Bureau of Trade & Industry and co-organized by ASSOCHAM.

For more information read

The main areas of discussion will be:

-Hi-tech industry development in Shenzhen
-Hong Kong as a gateway for entering the China market

The event is expected to have about 50 delegates representing Shenzhen and Hong Kong Government, HKTDC, Industry and enterprises.

About 150 VIPs from the central government of India and top Indian companies are going to participate.

The event will begin with a welcome speech by the president of ASSOCHAM, Mr. V.N. Dhoot, key note speakers include:

1. Mr. Xu Zongheng, Mayor, Shenzhen Municipal Government of PR China

2. Mr. Fred Lam, Executive Director, Hong Kong Trade Development Council

Sheetal Guliani, heading up the India Desk of Dezan Shira & Associates - the China-India FDI advisory practice - will be representing the firm at the event. She can be contacted at sheetal.guliani at dezshira.com

A summary of the event will be posted here on 2point6billion.com directly after.

Numbers:(”7″,”11.3″, “Million”)

The figures released in OECD’s Economic Outlook 2007, reveal that India creates 60% more new jobs than China, India also generated half the jobs in BRIC nations.  

Everyone’s thinking of them. And they are on everyone’s wish list.

A number of companies all over the globe want to set up operations in China and India as they have been named among the top destination for profiting from investments and for being strategically important.

Here’s enough details to substantiate the above:

New York Stock Exchange recently conducted a survey of 240 top business leaders from 24 countries called the  THIRD ANNUAL NYSE CEO REPORT where the CEO’ s share what they think on the opportunities and challenges facing them in 2008 and beyond when considering regions that are strategically most important to a company and what are the performance measures that  matter most to shareholders.

Lets have a quick look at what the figures have to say as regards setting up your operations in the two gaint economies are concerned:

1.  Most strategically crucial/important market:

54% CEO’s voted China, getting it up to the 3rd position after USA and Western Europe as the most strategically crucial/important market,  and India was at the 5th after Canada, being given votes by 42%.

On disecting the above further, China was considered 25% as crucial, a region for strategic investments while as an important destination it was at 29%. India was at 12% and 30% respectively.

2. Focus on Strategically Most Important Regions primarily related to

Aspects                                      China  (%)        India (%)

Identifying new markets              64                         60

Exploring  Favorable                    36                         47
Locations for Operations/
Plants

Area of  Regional Strength           9                           7

Source of Products/                     9                           6
Materials

Investment Opportunities            1                           -
 
Near Energy Sources                    1                            1

3.  Regions expected to be most crucial to businesses during 2008

China is here at the second position after USA and India is at the 9th. India needs to catch up here. 

Now in case of companies based in USA, 23% considered China crucial, while 11% had the same view for India.

For the companies based else where, the statistics were: 33% for China and 13% for India.

47 percent CEO’s said their focus was on India primarily to explore favorable locations for operations or Plants.
 
I am not surprised on the responses of the NYSE Survey as a number of people over the globe have contacted us on setting up both in India and China at the same time, in past few months.

So what are the rest waiting for, go grab them together!