 |
This article may require cleanup to meet Wikipedia's quality standards. Please improve this article if you can. (February 2008) |
- For the landmark in Târgovişte, see Chindia Tower.
Chindia is a portmanteau word that refers to China and India together in general, and their economies in particular. The credit of coining the now popular term goes to Jairam Ramesh, an Indian politician. China and India are geographically proximate, are both regarded as growing countries and are both among the fastest growing major economies in the world. Together, they contain about one-third of the world's population. They have been named as countries with the highest potential for growth in the next 50 years in a BRIC report.
The economic strengths of these two countries are widely considered complementary - China is perceived to be strong in manufacturing and infrastructure while India is perceived to be strong in services and information technology. China is stronger in hardware while India is stronger in software. China is stronger in physical markets while India is stronger in financial markets. The countries also share certain historical interactions - the spread of Buddhism from India to China and trade on the Silk route are famous examples.
However, there are also geopolitical, cultural, economic and political differences between China and India that some argue would make this term inappropriate. The effects of the Sino-Indian War of 1962 have meant that relations between the countries have been cautious and slow. Politically, China can be characterized as being ruled by a single party dictatorship whereas India being democracy of several hundred, if not thousand, parties. India's culture can be characterized by a high degree of pluralism[1] whereas China has a more ethnically homogenous population.[2] The commonly-cited complementary nature of China and India's economies is also being questioned as the service sector in China is rapidly growing[3], while India's manufacturing sector has seen tremendous growth in recent years.[4][5] China also has a head start in international marketplaces and is a large investor in Africa.[6] There is also the belief that China has greater geopolitical clout than India as well as a permanent seat on the United Nations Security Council which has lead to leaders and academics terming the Sino-American relationship as the 21st century's most important bilateral relationship.[7][8]
Contents |
See also
- Sino-Indian relations
- Chindian
- BRIC, a similar term often used in financial contexts to refer to Brazil, Russia, India, and China
- India, China & America Institute
Further reading
- Chindia Biz Blog hosted by the India, China & America Institute
- Jagdish N. Sheth. Chindia Rising. New Delhi, McGraw Hill India, 2007. Review Official Website
- The Indian Economy Blog - http://indianeconomy.org/, featuring many discussions on India and China's economic performance*\
- "Chindia Rising" - Book by Jagdish N. Sheth
- BusinessWeek; August 12, 2005; "Chindia": China and India special feature
- Do you have a Chindia strategy -Forbes 13 August 2007
- Beware the 'Chindia' effect - Mail & Guardian Online
- Jairam Ramesh. Making Sense of Chindia: Reflections on China and India. New Delhi, India Research Press, 2005. ISBN 81-87943-95-5
- Chindia Lounge, China & India (CHINDIA) Business / Culture / Travel / Outsourcing Resource Blog ChindiaLounge.com by an Asia Business Relations/Marketing Expert.
- India Fund perspective
External links
- Chindia : The next Decade Senior Business Week writer Pete Engardio, credited for having made the Chindia neologism famous, compares the rise of both China and India in this online video conference.
- Radio France International - Asia Pacific - Relations between India and China incl. interview with India Foreign Minister Shivshankar Menon
- Tap into Chindia Global Virtual Seminar Series
- India and China: Rivals or fellow 'tigers'? by Marianne Bray (CNN.com)
- Silk Road to riches beckons for 'Chindia'(theage.com)
- Chindia, where the world's workshop meets its office - The Guardian
References
- ^ Baidyanath, Saraswati (2006). "Cultural Pluralism, National Identity and Development". Interface of Cultural Identity Development (1stEdition ed.). New Delhi: Indira Gandhi National Centre for the Arts. xxi+290 pp. ISBN 81-246-0054-6. http://ignca.nic.in/ls_03.htm. Retrieved 2007-06-08.
- ^ "List of ethnic groups in China and their population sizes". Paul and Bernice Noll's Window on the World. http://www.paulnoll.com/China/Minorities/China-Nationalities.html.
- ^ "Unlocking China's Services Sector". Australian Government, Department of Foreign Affairs and Trade. http://www.dfat.gov.au/publications/eau_unlocking_china/index.html.
- ^ "Sensex vaults 384 pts on IIP data, earnings hopes". Sify. http://sify.com/finance/fullstory.php?a=jkmqPgcbcgg&title=Sensex_vaults_384_pts_on_IIP_data%2C_earnings_hopes.
- ^ "Gaining strength". Business Standard. http://www.business-standard.com/india/news/gaining-strength/373100/.
- ^ "China's Rising Role in Africa". Council on Foreign Relations. http://www.cfr.org/publication/8436/.
- ^ http://news.bbc.co.uk/2/hi/americas/7891511.stm
- ^ http://china.usc.edu/ShowArticle.aspx?articleID=1021&AspxAutoDetectCookieSupport=1
This entry is from Wikipedia, the leading user-contributed encyclopedia. It may not have been reviewed by professional editors (see full disclaimer)
