Pakistan cảnh báo Mỹ sẽ mất đồng minh nếu tiếp tục tố cáo nước này

'You will lose an ally' if accusations continue, Pakistan warns US

Reuters
Sep 23, 2011

ISLAMABAD: Pakistan's foreign minister said on Thursday that the United States risks losing an ally if it continues to publicly criticise Islamabad's performance in the war against militancy.

"You will lose an ally," Hina Rabbani Khar told Geo TV in New York. "You cannot afford to alienate Pakistan, you cannot afford to alienate the Pakistani people. If you are choosing to do so and if they are choosing to do so it will be at their (the United States') own cost."

Khar was responding to a Senate testimony by the outgoing chairman of the Joint Chiefs of Staff, Admiral Mike Mullen, who said Pakistan's top spy agency was closely tied to the Haqqani Network, the most violent and effective faction in the Afghan Taliban insurgency.

Source: The Times of India,
http://timesofindia.indiatimes.com/world/pakistan/You-will-lose-an-ally-if-accusations-continue-Pakistan-warns-US/articleshow/10087872.cms

Thủ tướng Manmohan Singh nhấn mạnh đến việc mở rộng Hội đồng Bảo an LHQ

Manmohan presses for UNSC expansion

PTI
New Delhi, September 21, 2011

Prime Minister Manmohan Singh on Wednesday pressed for an early reform of the United Nations, particularly an expansion of the Security Council, noting it must be seen as an impartial, credible and effective world body.

In a statement before leaving for Frankfrut enroute to New York to attend the 66th Session of the United Nations General Assembly (UNGA), Dr. Singh also said efforts by India to promote international peace and security after it became a non-permanent member of the Security Council has enriched the policy making body’s effectiveness.

“The United Nations must be seen as an impartial, credible and effective body. I will stress the need for early reform of this unique organisation, particularly an expansion of its Security Council,” he said.

India is seeking a permanent berth in the Security Council. It became a non-permanent member of this body in January this year after a gap of 19 years.

Our efforts at promoting international peace and security and bringing to bear a developing country perspective have, I believe, enriched the Council’s deliberations and enhanced its effectiveness,” Dr.Singh said.

Multiple challenges ahead

Noting that the UNGA is meeting this year at a time when the world is faced with multiple challenges, the Prime Minister said more than ever before, it is imperative for all countries to act in concert to address these challenges.

“This is the time for United Nations to resume its global leadership role,” he added.

Making a mention of the challenges, Dr. Singh said the global economy is in the midst of an economic slowdown coupled with all its attendant problems, including inflationary pressures.

Terrorism and non-traditional threats to international security, such as piracy, are threatening states and the international political and social order, he noted.

He also said West Asia, North Africa and Gulf regions have seen major upheavals and there is uncertainty about the shape of things to come in this crucial part of the world in the period ahead. The Palestine question remains unresolved, he added.

Dr. Singh said he also looking forward to holding bilateral meetings with the Presidents of Iran, South Sudan and Sri Lanka, and the Prime Ministers of Japan and Nepal.

Dr. Singh is being accompanied by External Affairs Minister S M Krishna, National Security Adviser Shivshankar Menon and Foreign Secretary Ranjan Mathai,

He would represent India at the high-level segment of the General Assembly on Saturday when he is due to deliver his address.

The Prime Minister is attending the UNGA after a gap of two years.

Source: The Hindu,
http://www.thehindu.com/news/national/article2472803.ece

Đối thoại kinh tế Ấn-Trung lần thứ nhất sẽ được tổ chức tại Bắc Kinh

Beijing to hold first ever India-China strategic economic dialogue

Sandeep Diskhit
BEIJING\NEW DELHI, September 24, 2011

Focus to be on opportunities for ‘pragmatic cooperation', macroeconomic outlook

The first-ever India-China Strategic Economic Dialogue (SED) will take place in Beijing on September 26-27, said a simultaneous announcement from both countries.

The Indian side will be led by Montek Singh Ahluwalia, Deputy Chairman, Planning Commission, and the Chinese side by Zhang Ping, Chairman, National Development and Reform Commission. The Indian delegation will include representatives of the Planning Commission, Ministries of Railways, Water Resources, External Affairs, Power, New and Renewable Energy and the Departments of Commerce, Information Technology and Industrial Policy and Promotion.

The decision to conduct a SED was taken during Chinese Premier Wen Jiabao's visit to India in December last year. Discussions during the first strategic dialogue will focus on plan formulation and implementation in India and China, the global economic outlook, efficient use of water resources, energy efficiency & pricing, and potential cooperation in the Railways sector.

The dialogue would help boost economic cooperation between both countries, Chinese Foreign Ministry spokesperson Hong Lei said at a press briefing in Beijing on Friday.

Mr. Hong said representatives from both nations would focus on the macroeconomic outlook, communication and coordination on economic policy-making, as well as other opportunities for “pragmatic cooperation”.

Indian officials in Beijing said the strategic dialogue would provide a new platform for both countries to better understand how policies are made by each other's governments. The mechanism, officials said, would pave the way for more specific engagement on issues that both sides have, as yet, been unable to devote enough attention to, from cooperation in agriculture and water-management to currency policies.

The dialogue will not discuss the growing list of sensitive trade issues both countries are grappling with against the backdrop of a fast-widening trade imbalance in China's favour. Indian officials have, in recent months, had little success in convincing China to open up its markets to Indian IT, pharmaceuticals and engineering products, with the deficit reaching $14 billion seven months into this year, on track to surpass last year's record figure of $20 billion.

‘Big picture issues'

Indian officials said the Joint Economic Group dialogue mechanism, led by both Commerce Ministers, will handle issues related to trade, with the strategic dialogue instead focusing on “big picture” issues, with the aim of looking at how the two economies could better work together and leverage their common interests.

Source: The Hindu,

http://www.thehindu.com/news/national/article2480467.ece

Cựu Thủ tướng Nhật Bản ủng hộ hợp tác hải quân Ấn Độ-Nhật Bản với Mỹ

Former Japanese prime minister Shinzo Abe for Indo-Japan naval ties with US

Dipanjan Roy Chaudhury 

New Delhi, September 21, 2011

Former Japanese Prime Minister Shinzo Abe on Tuesday said Indian and Chinese navies should join hands with the US to safeguard commercial sea lanes and ensure a stable Asia.

He was reacting to a Chinese warning to India to wash its hands off oil exploration in the South China Sea.

On a day when Japan also joined the South China Sea territorial debate by holding talks with the Philippines, Abe noted that India could assure Vietnam, South Korea and the US with its proposed threeaircraft carrier that could keep Asian sea lines stable.

Abe said while the US had been providing stability to the sea lanes of commerce since 1950s, it was now "weaker". "In the meantime, let India and Japan work together with the Americans so that there is no strategic void," Abe said in a seminar 'Two democracies meet at sea: For a better and safer Asia' in New Delhi.

In an indirect reference to matching Chinese assertiveness in the East and the South East Asian regions, Abe said, "... As natural allies, India and Japan must work harder to keep our great maritime asset open, free and safe... Please let your (India's) navy meet the Japanese naval force more often at sea".

Japan, who participated in a series of naval exercises with India off the Malabar coast in 2007, wants to take part in more such exercises in future.

Source: India Today,
http://indiatoday.intoday.in/story/former-japanese-prime-minister-shinzo-abe-for-indo-japan-naval-ties-with-us/1/152111.html

Cựu Thủ tướng Nhật Bản Abe cổ vũ hợp tác Ấn-Nhật-Mỹ nhằm đảm bảo an ninh cho các tuyến đường biển

Abe bats for India-Japan-US cooperation to secure sea lanes

 

New Delhi, Sep 20 (PTI)

Favouring greater interaction between Indian and Japanese navies, former Japanese Prime Minister Shinzo Abe today said the two sides should work closely with the US to secure the sea lanes of commerce and ensure a stable Asia.

The Japanese leader said that with its plans of having a three aircraft carrier Navy, India can keep the Asian sea lines stable and such a step can assure Vietnamese, Americans, South Koreans "if not the Chinese".

Abe said that the Americans have been providing "safety and stability" to sea lanes of commerce since the 1950s but expressed concerns over the fact that the "hegemon may get skinny and its muscle weaker".

"I shall put it that way that let 'Popeye' eat spinach for a while. In the meantime, let us India and Japan work together with the Americans, so that there will be no strategic void," he said, while addressing a gathering at the Sapru House.

Abe was speaking on the topic 'Two democracies meet at sea: For a better and safer Asia'.

Abe said if India and Japan worked "hand in hand, shoulder to shoulder, the Indonesians will join us, not to mention all other freedom loving nations.

"Let us work even more closely together with the US, Australia and other maritime democracies to invest in building a robust, open, liberal and safe and stable East Asia Summit-led Asia," he said.

Pointing out that China will remain both an "opportunity and a risk" for a long time to come, he said the US is destined to become weaker in relative terms.
"But let us not be confused and jump into the wrong bandwagon and choose a wrong partner. In America, we see the oldest democracy. In China, we see an autocracy, both the oldest and newest in the making as it is still in the making," the former Prime Minister said.

Abe said, "There is no question which side we Japan and India should take. Yet in times of financial challenges, the US needs us as much as we need it.

"You can shelve your American shyness for a moment and let your realist-pragmatist side prevail. After all, America dropped no bomb on you," Abe said.

He urged India to use Japan to strengthen relations with the US saying, "We are ready and willing to be used by India to enhance your ties with America."

Asking the navies of India and Japan to meet "more often", Abe said, "Whenever the Japanese navy passes across the Indian Ocean either on their way for duty or their way home (from anti-piracy operations off Somalia), they can perform simple exercises.

"The Americans may watch us performing small exercises, which is OK with all of us. Even the Chinese may fly over us to see what is going on, which is more than welcome."

He suggested that Indian navy and Bollywood stars would be welcome to visit Japanese base in Djibouti and in turn, Japanese officers can visit Andaman and Nicobar Islands.

"We should take pictures and movies about the exercises at sea, your visits to Djibouti and our calls to Andaman and publish them to the world because allies should not be shy about the such things, and for alliance management, publicity counts," he said.

Source: Deccan Herald,

http://www.deccanherald.com/content/192252/abe-bats-india-japan-us.html

Kurt Campbell: "Ấn Độ là nhân tố quan trọng của Chiến lược châu Á-Thái Bình Dương"

'India important aspect of Asia-Pacific Strategy'

Press Trust Of India
Washington, September 22, 2011

Identifying India as a major power in Asia, a top US official has said working closely with New Delhi is one of the most important aspects of America's strategy in the Asia-Pacific region.

"One of the most important aspects of our Asian Pacific strategy is also to work more closely with India and to help put meat on the bones of India's desire to play a prominent role in the Asian-Pacific region going forward," assistant secretary of state for East Asian and Pacific affairs, Kurt Campbell, told reporters at a news conference.

Earlier this month, Campbell had led a team of US officials in holding a dialogue with India on East Asia and Pacific Affairs.

"As part of the robust set of relationships that are developing between the United States and India is a very good dialogue between officials in India from all their agencies and the United States about the Asian Pacific region," Campbell said in response to a question about the recent meeting.

"And these discussions range from issues associated with trade, common developments with regard to maritime security, energy flows, interests in strong relationships with China and Japan, other key nations in the region, a desire on the part of India to be briefed on our strategy with relation to our force posture and our economic issues.

"It's among the best meetings that I am involved in, and I really enjoyed the trust and confidence that have developed between our Indian and American interlocutors, and it's a process very similar, like the process that we have with Vice Foreign Minister Cui Tian-kai and also with Japanese colleagues. They are becoming part of the architecture of the region in every respect," he said.

The top US official said he believes there has been enormous progress in the US-Indian relationship over the last 10 years.

This progress has continued in all fields - in people-to-people, in defence, he said.

"My own personal experience of these talks, frankly, have been, I think, emblematic. When they began almost two years ago, even though I had spent an enormous amount of time in the private sector in my academic and other capacities having interactions with Indian friends, our initial meetings were formulaic and fairly prescribed.

"What we now have is a very wide-ranging, very deep set of discussions about common interests, areas where we can cooperate and work together, and basically an exploration of strategic objectives," Campbell said.

The fact is these sorts of meetings, these sorts of interactions, are extraordinarily important in gaining a sense of how a country thinks about its future and the direction that it wants to take, he said.

"I believe that they are a major contribution to what I believe will be a defining partnership of the 21st century, and that is the relationship between the United States and India. We are destined to be much closer friends in the time ahead," Campbell said.

Source: Hindustan Times,
http://www.hindustantimes.com/India-important-aspect-of-Asia-Pacific-Strategy/H1-Article1-748719.aspx

Ấn Độ vào biển Đông là để chống lại Trung Quốc: các nhà phân tích Trung Quốc

India's entry into South China Sea aimed at countering China: Chinese analysts

 

18 Sep, 2011

BEIJING: Watching warily India's decision to go ahead with oil exploration cooperation with Vietnam in the South China Sea despite objections from Beijing, Chinese analysts say it is New Delhi's counter-strategy to checkmate the forays being made by China into its neighbourhood.

India's efforts to firm up oil exploration cooperation with Vietnam in the South China Sea, which China claims as its own is a provocative move to show its annoyance over Beijing building up close ties with countries like Myanmar and Pakistan, said Shen Dingli, Director of the Centre for American Studies of Institute of International Studies at China's Fudan University.

"In recent years, China has also been building up ties with countries like Myanmar... Pakistan invited China to provide safety protection and offered China a naval port on the Indian Ocean. All these moves made India feel nervous," Shen told state-run Global Times.

Ever since the Indian firm ONGC took up oil exploration in two blocks in the South China Sea claimed by Vietnam, the Chinese official media has extended proactive coverage to it calling on the government to firmly handle it to reassert its supremacy in the region.

Besides China, the disputed waters in the South China Sea are also claimed by Vietnam, the Philippines, Brunei and Malaysia and contain rich oil reserves, estimated up to 28 billion barrels.

The joint exploration between India and Vietnam is not accidental since in recent years India has taken an increasingly eastward-looking stance, Wu Xinbo, Professor at the Centre for American Studies, Fudan University, said.

As a South Asian country, India actively takes part in East Asian issues through the support of the US which has been advocating for Asian countries to counter China.

"The US takes every opportunity to counter China, and its joint military manoeuvres with Japan and other regional countries have been more frequent in recent years," Wu said.

This project helped India kill two birds with one stone. It will bring economic benefits to India and at the same help it to balance out China politically, Wu said.

Rong Ying, the Vice President of the China Institute of Strategic Studies, attached to the Ministry of Foreign Affairs, however advocated that India and China should carefully handle the issue considering the advances they made in their relations.

Twnety first century belongs to Asia Pacific region and India and China are the most important countries whose leaders have been saying that the world is big enough for both, he told state-run CCTV.

The countries have come a long way in improving their relations and should carefully handle their differences, he said.

Source: The Economic Times,
http://economictimes.indiatimes.com/news/politics/nation/indias-entry-into-south-china-sea-aimed-at-countering-china-chinese-analysts/articleshow/10029303.cms

IMF: Kinh tế Ấn Độ tăng trưởng 7,8% năm 2011 và 7,5% năm 2012

IMF projects 7.5-7.75 % growth for India

Narayan Lakshman
Washington, September 19, 2011

The International Monetary Fund this week said that India would have a year-on-year projected growth rate of 7.8 per cent in 2011 and 7.5 per cent in 2012, even as it warned of overall slowing global activity, renewed financial instability and an uneven post-recession expansion.

Releasing its semi-annual World Economic Outlook report on Monday, the IMF said that in India, growth was forecast to average 7.5-7.75 per cent during 2011–12 and while economic activity driving this growth would be led by private consumption, “investment is expected to remain sluggish, reflecting, in part recent corporate sector governance issues and a drag from the renewed global uncertainty and less favourable external financing environment.”

The IMF argued that a top challenge for policymakers in India would be to dampen the rise of inflation, which is currently running close to double digits and has become generalised. The WEO noted that despite policy tightening, real interest rates in India were still much lower than pre-crisis averages, and credit growth was still strong.

Commenting on its macro assessment of the ongoing global recovery the IMF suggested that some elements of this bounce had been anticipated while others had not. For example it said that while the strong cyclical rebound in global industrial production and trade in 2010 was “never expected to persist,” in crisis-hit advanced economies, especially the United States, the “handover from public to private demand” was taking longer than anticipated.

Further sovereign debt and banking sector problems in the Euro area were much more tenacious than anticipated and similarly the disruptions resulting from the East Japan earthquake and tsunami, as well as the spreading unrest in the Middle East and North Africa region and the related surge in oil prices, “were major surprises.”

Possibly hinting at the market turmoil linked to the unresolved debt-limit negotiations between the White House and the U.S. Congress, the Fund cautioned that policy indecision has “exacerbated uncertainty and added to financial strains, feeding back into the real economy.”

Source: The Hindu,
http://www.thehindu.com/business/Economy/article2468188.ece

Đầu tư trực tiếp nước ngoài vào lĩnh vực bất động sản ở Ấn Độ thấp nhất trong vòng 4 năm qua

FDI in realty dips to lowest in four years

 

TNN

Sep 20, 2011

MUMBAI: Foreign direct investment (FDI) in India's real estate has dipped and is at its lowest in the last four years, said a FICCI-Ernst & Young report, which will be released later this week.

Of the overall FDI of Rs 1.70 lakh crore ($37.8 billion) in 2008-09, investments in the country's real estate comprised 3.36%. By 2010-11, it dipped to 2.97% against the total FDI of Rs 1.21 lakh crore ($ 27 billion), said the report. Interestingly, private equity in Indian real estate between January and June 2011, reached $444 million (over Rs 2,000 crore), which is 47% higher than the investments made in 2010 during the same period.

The report titled, "A new realty: Dissolving borders through cross-border integration", said pricing is set to go up. This is because the cost of the raw material has increased drastically, putting pressure on the profit margins of developers. "RBI continues efforts to curb inflation, which has prompted it to increase interest rates 12 times since March 2010. This would not only increase the equated monthly installment (EMI), but also increase the cost of construction, ultimately impacting the selling price of apartments," it said.

Between March 2009 and November 2010, developers sold more than 40 million sq ft of mid-income residential property in the National Capital Region (NCR) region alone. However, beginning 2011, the focus reverted to luxury housing. "The tightening liquidity has once again caused developers to focus on affordable housing," it added.

Oversupply of commercial property will continue to impact its growth. "Bangalore is set to witness increase in rental due to lowest vacancy rate and oversupply, while Noida may not experience an increase in rentals due to high vacancy rates. Mumbai and Delhi are the undisputed leaders in all forms of real estate, but due to scarcity of land, rising rentals and capital value, developers and industries are targeting Kolkata, Pune and cities such as Mysore, Chandigarh and Jaipur," it said.

Said Rajiv Kumar, FICCI secretary general, "India, raring to be an economic powerhouse, with a stable political environment, was quick to find its footing during the global recession. On the residential front, the sector will face significant shortage of homes for the mid-income group, and this has become a priority for the Government."

"Real estate prices have peaked, exceeding the pre-recession rates in some markets," said Ajit Krishnan, Partner & Real Estate & Infrastructure Leader, Ernst & Young. "The peak in 2007 set about a new trend with a few groups daring to risk working outside their local markets, having developed a risk appetite. As the markets change, those who have dared to work in a cross border capacity see opportunity in adversity. The downfall of one market emerges as an opportunity for another," he added.

Source: The Times of India,
http://timesofindia.indiatimes.com/business/india-business/FDI-in-realty-dips-to-lowest-in-four-years/articleshow/10046289.cms

Dự trữ ngoại hối của Ấn Độ bất ngờ giảm 4,29 tỉ USD xuống còn 316,49 tỉ USD

India's forex reserves slump by $4.29 billion

Indo-Asian News Service
Mumbai

September 17, 2011

India's foreign exchange (forex) reserves slumped by $4.29 billion to $316.49 billion for the week ended Sep 9 after rising to an all-time high of $320.78 billion in the previous week, official data showed. Foreign currency assets, the biggest component of the forex reserves kitty, dropped sharply for the second consecutive week.

The foreign currency assets plunged by $4.17 billion to $280.70 billion during the week under review, according to the weekly statistical supplement of the Reserve Bank of India (RBI), the country's central bank.

The foreign currency assets expressed in US dollar terms include the effect of appreciation or depreciation of non-US currencies such as the pound sterling, euro and yen held in reserve. The assets had declined by $1.32 billion in the previous week.

The value of special drawing rights (SDRs) dropped by $69 million to $4.54 billion and reserves with the International Monetary Fund (IMF) fell by $45 million to $2.93 billion.

However, gold reserves remained unchanged at $28.32 billion. Gold reserves had jumped by $2.97 billion in the last week due to revaluation in prices.

Source: Hindustan Times, 

http://www.hindustantimes.com/India-s-forex-reserves-slump-by-4-29-billion/H1-Article1-746839.aspx

Ấn Độ vắng bóng trong top 200 trường đại học hàng đầu thế giới

India missing from international rankings scene

Kanika Tandon

Hindustan Times
New Delhi, September 13, 2011

India does not appear in the Top 200 of the recently released QS World University Rankings. Even as the US and the UK continue to dominate the international rankings scene, India’s highest-ranked institution IIT-Delhi stands at 218th position – 16 places down from last year’s 202nd place.

The UK claimed five of the top 20 places this year, including the top rank. Cambridge University maintained its slender advantage over Harvard to be the world’s number one university for the second time in a row. Oxford (5) moved up one rank followed by Imperial College London (6) and University College London (7). The University of Edinburgh (20) moved up two places this year.

Although several top US institutions have been hit by reduced endowments and budget restrictions, its supremacy continues with 13 of the US universities featuring in the top 20, six of them in the top 10. Apart from Harvard, the other five US universities among the Top 10 are: MIT (3), Yale University (4), University of Chicago (8), University of Pennsylvania (9) and Columbia University (10).

The monopoly of the US and the UK in the top 20 is only briefly interrupted by the presence of Canada and Switzerland. McGill University of Canada climbed up two places from 19th rank in 2010 to 17th position in 2011. Switzerland’s ETH Zurich maintained its 18th rank this year as well.

This neck-to-neck competition between the US and the UK is not replicated when India’s performance is compared with other Asian countries. While India is yet to secure a place in the top 200, other Asian countries such as China, Japan, Singapore, Hong Kong and Taiwan sit comfortably among the Top 100 of the rankings table, led by University of Hong Kong (22) and University of Tokyo (25).

Indian universities have disappointed this year. All the universities – including the star performers of the country, the IITs –have dropped down several ranks.

IIT-Delhi (was ranked 202, now ranks 218); IIT-Bombay (was 187, now 225); IIT-Madras (was 262, now 281); IIT-Kanpur (was 249-306); IIT-Kharagpur (was 311, now 341); IIT-Roorkee (was 428, now 438) and IIT-Guwahati (was 501, now 563). The other universities have followed suit – University of Delhi (was 371, now 398); University of Mumbai (was 493, now 578); University of Calcutta (was 506, now 649) and University of Pune (was 578, now 661).

India’s weak points? The lack of quality research and internationalisation. But this time, the fall in the rankings is escalated by the fall in all the universities’ academic reputation. The employer reputation of IIT-Bombay, IIT-Kanpur, IIT-Kharagpur, IIT-Guwahati and universities of Mumbai, Calcutta and Pune has slid backwards too. For the academic and employer ratings, inputs from as many as 33,000 academics and 16,785 employers from more than 130 countries were taken by QS, the largest surveys of their kind ever conducted.

Source: Hindustan Times,
http://www.hindustantimes.com/HTEducation/hteducationsectionpage-otherstories/India-missing-from-international-rankings-scene/SP-Article1-745039.aspx

Ấn Độ công nhận Ủy ban chuyển tiếp ở Libya

Đáng chú ý, Ấn Độ công nhận Ủy ban chuyển tiếp ở Libya sau Nga và Trung Quốc

India recognises Transitional Council of Libya

Sandeep Dikshit
New Delhi, September 17, 2011

With Russian and China deserting the BRICS grouping in the United Nations Security Council (UNSC), India on Satruday decided to extend support to former Libyan rebels Transitional National Council (TNC) led by Mustafa Abdel Jalil.

India has been in contact with the TNC in Benghazi and Cairo but was skeptical about the situation in Libya. With the Qadhafi regime withering away and most countries with economic interests in Libya preferring to cast their lot with the new masters in Tripoli, India also declared its willingness to extend assistance to Libya in its political transition, rebuilding and reconstruction.

This will be formally announced at the High Level Meeting on Libya scheduled to be held in the margins of the UNGA on September 20. The Indian Charge de Affairs to Libya, currently based in Tunis, has formally established contact with the TNC Mission in Tunis.

India has given humanitarian assistance of USD one million through the UN to Libya and assistance of another USD two million is being processed.

However, officials here maintained misgivings about the manner in which the West twisted the UNSC mandate to protecting civilians into one of regime change. They termed the victory in Tripoli as one of “NATO aerial assets and the active support of western intelligence agencies and commandoes” to the TNC.

With pro-Government forces having melted away, officials are apprehensive of some remnants continuing a low intensity struggle from different places in weeks if not months ahead. Libya is a tribal society and it is a question mark whether all tribes are giving allegiance to the new dispensation. In addition the TNC is not known to be a unified group either. Last heard it had four splinter groups.

“India does not buy the argument that now that NATO, UNSC and the West have got together everything will be rosy in Libya. The real problem, even if the four TNC groups hold together, would stem from the heavy flow of arms into Libya, led by the French. It is going to be long haul,” said officials.

Source: The Hindu,
http://www.thehindu.com/news/international/article2462076.ece

Hội đồng Bảo an LHQ áp đặt lệnh cấm vận đối với hai lãnh đạo al-Qaeda có căn cứ ở Pakistan

UNSC imposes sanctions on 2 Pak-based al-Qaida leaders

PTI
Sep 17, 2011

UNITED NATIONS: The UN Security Council has imposed sanctions on two al- Qaida leaders based in Pakistan, including the terror group's top strategist and propaganda chief Abu Yahya al-Libi.

Sanctions were also imposed on a senior al-Qaida leader Younis al-Mauritani, who was in charge of the group's external operations and had planned attacks on European economic targets.

The sanctions put into effect an assets freeze, travel ban and arms embargo against the two, who participated in the "financing, planning, facilitating and perpetrating" of terror acts for al-Qaida.

An al-Qaida commander in Pakistan, al-Libi provided financial assistance to the terror group's fighters in Afghanistan.

The Libya-born has also been a top al-Qaida strategist, field commander in Afghanistan and an instructor at training camps for the group.

A prominent figure in al-Qaida's media operations, he has been referred to as its ''propaganda chief'', being second in visibility only to top leader Ayman al-Zawahiri.

As of April 2010, Al-Libi had released 68 messages on behalf of al-Qaida and had urged Pakistanis to attack their government.

Al-Mauritani was in charge of al-Qaida's external operations as of mid-2010.

He was planning an attack on European economic targets and had the support of Osama bin Laden, who had at the time devoted most of the organisation's funds to support Al-Mauritani's plan.

Al-Mauritani was wanted in Mauritania for planning an attack in 2005 against the Mauritanian military.

He was arrested in the suburbs of Quetta in Pakistan early last week.

Source: The Times of India,
http://timesofindia.indiatimes.com/world/pakistan/UNSC-imposes-sanctions-on-2-Pak-based-al-Qaida-leaders/articleshow/10016811.cms

Không nao núng trước cảnh báo của Trung Quốc, Ấn Độ quyết tâm khai thác dầu ở biển Đông

Undeterred India to hunt for oil in South China Sea

Sachin Parashar
TNN
Sep 17, 2011

NEW DELHI: Brushing aside China's warning on Thursday asking countries "outside the region" to stay away from the South China Sea, foreign minister SM Krishna told his Vietnam counterpart Pham Binh Minh that India's ONGC Videsh will go ahead with oil and gas exploration in the disputed region or the two offshore blocks which Vietnam claims as its own.

Beijing had said on Thursday that it is opposed to any country engaging in oil and gas exploration and development activities in waters under China's jurisdiction.

On a three-day visit to Hanoi, Krishna discussed a host of regional and global issues with Pham Binh Minh on Friday. Government sources said that the Vietnam authorities "fully endorsed" Krishna when he made the point that, despite Beijing's opposition, India will go ahead with oil and gas exploration in the region.

"Vietnam fully endorsed this and actually seemed very keen to continue this work during the meetings on Friday. They are fully in agreement in going ahead with the projects," said a source.

China had sent a demarche to India several months ago warning against launching exploratory projects in that region. With ONGC Videsh now preparing to move into the offshore blocks in the disputed region, its foreign ministry spokesperson said in reply to a question that China expected countries outside the region to "respect and support countries in the region to solve this dispute through bilateral channels".

"The two sides agreed during the discussions that there is no question of violating any international law in going ahead with the exploratory work. The meetings on Friday have paved the way for expansion of ONGC Videsh's oil and gas exploration work," added the source. Officials described Krishna's visit to Hanoi as highly successful saying that it had actually elevated India-Vietnam relationship to a new level. "The minister also met Vietnam PM Nguyen Tan Dung who told him that the two countries should explore more business opportunities," said an official.

Along with Pham Binh Minh, Krishna also co-chaired the 14th India-Vietnam Joint Commission Meeting on Trade, Economic, Scientific and Technological Cooperation. "They expressed satisfaction that the strategic partnership was developing well and agreed to add greater content to bilateral relations in the fields of defence and security, trade and investment, education and culture and other areas," said a statement issued by the foreign ministry.

Source: The Times of India,
http://timesofindia.indiatimes.com/india/Undeterred-India-to-hunt-for-oil-in-South-China-Sea/articleshow/10012959.cms

Truyền thông Ấn Độ đưa tin quân đội Trung Quốc xâm nhập lãnh thổ Ấn Độ

Chinese troops enter Indian territory

Press Trust Of India
Leh, September 14, 2011

Chinese troops are reported to have entered into Indian territory and destroyed some old Army bunkers and tents in Chumar division of Nyoma sector, about 300 kilometres from in Leh. While some reports suggested that the Chinese troops in helicopters entered one-and-a-half kilometres into Indian airspace, other reports said that the helicopters landed in Chinese territory and then the troops marched into the area to dismantle the bunkers, a move aimed at displaying that the area belonged to them.

The Army denied that any such incident had taken place. But sources in the know said that two Chinese helicopters had entered into air space and landed one-and-half kilometres into the Indian territory at Chumar in Chingthang area of Tehsil Nyoma.

The Chinese troops attempted to dismantle an old army bunker, which was not used by the troops for long, the sources said. Another version quoted to eyewitnesses, who are often the grazers, said that Chinese helicopters landed near the Line of Actual Control and then marched in to destroy old bunkers of the army and tents of ITBP.

A report in this regard has been sent by the state government officials to their headquarters. Udhampur-based Northern Command Army Spokesperson Col Rajesh Kalia said there was no such report of helicopter landing or destruction of bunkers. However, senior Army officials said that Chumar was an area were the LAC was not clearly demarcated and there was always a difference of perception in the area.

Chinese troops had in July 2009 entered nearly 1.5 km into Indian territory near Mount Gya, recognised as international border by India and China, and painted the boulders and rocks with red spray paint.

The incursions were reported from the area, generally referred in the Chumar sector in east of Leh, and painted "China" in Cantonese with Red spray paint all over the boulders and rocks. On June 21 in 2009, a Chinese helicopter had entered the Indian airspace and is reported to have air-dropped canned food again at Chumar, which is northeast of Leh in Jammu and Kashmir. 

 

Source: Hindustantimes, http://www.hindustantimes.com/news-feed/himachalpradesh/chinese-troops-enter-indian-territory/article1-745541.aspx

Người phát ngôn Bộ Ngoại giao Ấn Độ đề nghị các bên tuân thủ DoC

Beijing says keep off South China Sea, Delhi unmoved

Jayanth Jacob & Reshma Patil

Hindustan Times
New Delhi/Beijing, September 16, 2011

The day HT broke the story about India asking China to desist from trying to stop oil and gas exploration in two Vietnamese blocks in the South China Sea by ONGC Videsh Ltd (OVL), the issue fuelled the diplomatic row between the two countries on Thursday. China has objected to exploration of Vietnamese blocks 127 and 128 by OVL on the grounds that it enjoyed “indisputable sovereignty” over the South China Sea and its islands. Chinese foreign ministry spokesperson Jiang Yu said in Beijing, “Our consistent position is that we are opposed to any country engaging in oil and gas exploration and development activities in waters under China’s jurisdiction.

Related stories
China objects to oil hunt, India says back off
LAC issue: Army for resolution at earliest

 

“We hope foreign countries will not get involved in the dispute,” she said, without directly referring to India. “For countries outside the region, we hope they will respect and support countries in the region to solve this dispute through bilateral channels,” Jiang said.

In New Delhi, external affairs ministry spokesperson Vishnu Prakash expressed India’s determination to go ahead with plans to enhance cooperation with Vietnam in the energy sector.

“ONGC Videsh Ltd has been in Vietnam for quite some time in offshore oil and natural gas exploration and they (Vietnam) are in the process of further expanding cooperation, with Essar Oil Ltd also being awarded a gas block in Vietnam,” Prakash said.

“This (energy) is one important area of cooperation and we would like this to grow. Our cooperation with Vietnam or with any other country in the world is always as per international laws, norms and conventions,” he said.

Prakash also reiterated India's position that New Delhi “supports freedom of navigation in the South China Sea and hopes that all parties to the dispute would abide by the 2002 declaration of conduct in the South China Sea”.

These issues are expected to find a place in the Joint Commission Meeting, to be co-chaired by external affairs minister SM Krishna and his Vietnamese counterpart Pham Binh Minh in Hanoi on Friday.

Since last year, China has been flexing its maritime muscle, sparking new tensions in relations with Japan, Vietnam, the Philippines and the US for what Beijing sees as American “interference” in its maritime backyard. 

 

Source: Hindustantimes, http://www.hindustantimes.com/Beijing-says-keep-off-South-China-Sea-Delhi-unmoved/H1-Article1-746246.aspx

Thông cáo báo chí của Bộ Ngoại giao Ấn Độ về thông tin liên quan đến vụ đụng độ giữa tàu hải quân Ấn Độ và tàu hải quân Trung Quốc ở biển Đông

Press Briefings

September 01, 2011

In response to questions on a report in a leading international daily, the Official Spokesperson said,

“The Ministry has seen news reports about an alleged confrontation between an Indian Navy ship and a Chinese vessel off the coast of Vietnam in July 2011.

2. The Indian Naval vessel, INS Airavat paid a friendly visit to Vietnam between 19 to 28 July 2011. On July 22, INS Airavat sailed from the Vietnamese port of Nha Trang towards Hai Phong, where it was to make a port call. At a distance of 45 nautical miles from the Vietnamese coast in the South China Sea, it was contacted on open radio channel by a caller identifying himself as the “Chinese Navy” stating that “you are entering Chinese waters”. No ship or aircraft was visible from INS Airavat, which proceeded on her onward journey as scheduled.

3. There was no confrontation involving the INS Airavat.

4. India supports freedom of navigation in international waters, including in the South China Sea, and the right of passage in accordance with accepted principles of international law. These principles should be respected by all.

New Delhi
September 01, 2011

Source: Ministry of External Affairs, India.
http://meaindia.nic.in/mystart.php?id=530318137

Trung Quốc cấm thăm dò dầu khí ở biển Đông, Ấn Độ phản đối

China objects to oil hunt, India says back off

 

Anupama Airy and Jayanth Jacob,
Hindustan Times
New Delhi, September 15, 2011

Beijing’s bid to thwart oil and natural gas exploration in two Vietnamese blocks in the South China Sea by India’s ONGC Videsh Ltd (OVL) has been rebuffed by New Delhi. India’s ministry of external affairs (MEA) said China’s objections have “no legal basis” as the blocks belong to Vietnam.

Beijing had in a demarche — a formal diplomatic representation of a government’s official position — to India stated that unless its permission is taken for exploration in Blocks 127 and 128, OVL’s activities there would be illegal. “While an appropriate reply has already been given to China’s demarche, the issue is set to be discussed during the visit of external affairs minister SM Krishna to Vietnam on September 16,” an MEA official said.

“The Chinese had concerns but we are going by what the Vietnamese authorities have told us and have conveyed this to the Chinese,” he said.

MEA sources said Vietnam had cited sovereignty rights over Blocks 127 and 128 according to the United Nations Convention on the Law of the Sea, 1982.

There are many potentially oil- and gas-rich islands on the South China Sea, which are facing territorial disputes and where, apart from China, other countries including Vietnam are claimants.

For instance, Vietnam claims rights to the Paracel Islands, which China first occupied in 1974. The Spratly Islands are another area under dispute, with Vietnam and China staking their claims.

In June 2007, UK’s energy major BP abandoned exploration plans in a block between Vietnam and the Spratly Islands, citing ongoing uncertainty over competing ownership claims between Vietnam and China.

Source: Hindustantimes,
http://www.hindustantimes.com/China-objects-to-oil-hunt-India-says-back-off/H1-Article1-745854.aspx

Ấn Độ kém hấp dẫn nhất trong số các thị trường mới nổi

India among the least preferred emerging markets: BofA Merrill Lynch Survey

14 Sep, 2011

MUMBAI: India is among the five least preferred emerging markets, according to the BofA Merrill Lynch Survey of Fund Managers for September. In overall terms, fund managers are overweight on emerging market equities. However, if the banking crisis in Europe spirals out of control, emerging market equities will be vulnerable to further sell-offs, the survey report said.

"Sixty-eight percent of survey respondents now view the eurozone debt crisis as the largest of risks, up from 43% in June and 60% in August. Sentiment towards European banks is at its lowest since the beginning of this survey," the BoFA ML Survey said. The BoFA ML survey was done on a sample size of 286 money managers with $831 billion of assets under management.

While global investors have lowered their growth expectations for China, emerging market (EM) remains a consensus overweight. A net 30% of investors (fund managers who were surveyed) report being overweight on EM, up from 27% in August.

Over 40% respondents sounded extremely bullish on Brazil, which recently underwent a 50-bps rate cut that bolstered sentiment towards equity assets. Overseas investors have trimmed their overweight positions in Indonesia, while adding more to Russia and China in September. Taiwan, Malaysia, Colombia, Poland and India are the least favoured markets in September.

In terms of sectoral allocations, EM investors remain focused on consumption-related businesses and technology. Overseas fund managers are maintaining underweight positions in utility, materials, healthcare and engineering & industrial companies in September.

Though foreign investors are finding 'value pockets' in emerging markets, investors' risk aversion has soared to levels last seen in March 2009 in the wake of the global financial crisis. A net 45% of respondents are taking lower risk than normal relative to their benchmarks, up nearly 20% points from August. Cash holdings remain notably high at an average 4.9% of portfolios, with more than one-third of investors overweight cash.

Source: The Times of India,
http://economictimes.indiatimes.com/markets/analysis/india-among-the-least-preferred-emerging-markets-bofa-merrill-lynch-survey/articleshow/9973500.cms

Xuất khẩu của Ấn Độ tăng 44% lên 24 tỉ USD trong tháng 8

Exports surge 44% to $24bn in August

 

TNN | Sep 10, 2011

NEW DELHI: The country's exports rose 44.2% in August maintaining its robust expansion on the back of strong shipments of engineering goods, petroleum and oil products, electronics and readymade garments.

Provisional data released by commerce secretary Rahul Khullar on Friday showed exports in August stood at $24.3billion.During the period April-August 2011, exports rose 54.2% at $134.5billion, while imports grew 40.4% at $189.4 billion. The trade deficit during the April-August period stood at $ 54.9 billion.

Imports in August 2011 were $38.4 billion registering the growth of 41.8%. Balance of trade for the month of August 2011 stood at (-) $14.1 billion.

The sectors which notched robust growth included engineering, ($ 39.6 billion) rising 81% over last year and in the month of August it was $7 billion alone, petroleum and oil products, 60% ( $ 24.2 billion) and 4 billion for the month of August, cotton 13,2% ($ 2.7 billion), electronics, 75% ($ 4.7 billion), readymade garments, 32% ( $ 5.75 billion).

Indian exports have grown in double digits since the past year and in July registered more than 80% growth but economist say the global economic slowdown is expected to impact shipments from the country. India's key markets in Europe and the United States are witnessing a slowdown but diversification of exports to other emerging markets has helped sustain growth.

The commerce secretary also said a panel of ministers had decided to put non-basmati rice and wheat on the open general licence and banned exports of onion. Onion prices have soared in recent weeks and were one of the factors driving food inflation.

Asked whether the government would provide any fiscal help to exporters in the event of a sharp slowdown Khullar said I don't know when, something will have to be done>"

"Up till now we have had a good run, but you could be looking at difficulties down the road. If you want to prevent them, then you better kick in now with action."

He said exports of iron ore, fruits and vegetables were not doing well.

Imports of POL rose 27%($ 52.2 billion) in the April-August period while gold and silver increased 130% ($26.3 billion),machinery, 45%( $14.9 billion), electronics, 78% ($13.6 billion), organic and inorganic chemicals 30% ($30 billion) and coal 65% ( $ 7 billion).

Khullar also said imports of fertilizers have started picking and readymade garments and textiles have performed well.

Source: The Times of India,
http://timesofindia.indiatimes.com/business/india-business/Exports-surge-44-to-24bn-in-August/articleshow/9928067.cms

Tăng GDP 2011-2012 của Ấn Độ từ 7,5-8%: Cơ quan xếp hạng toàn cầu Moody

Moody's pegs GDP growth at 7.5-8 %

Special Correspondent
NEW DELHI, September 5, 2011

The agency keeps India's credit rating outlook unaltered

Keeping India's credit outlook unaltered, global rating agency Moody's on Monday projected the country's GDP (gross domestic product) growth for the current fiscal at 7.5-8 per cent and cited high domestic interest rates coupled with the current global uncertainties as the near-term factors that could affect its economic expansion.

Pegging India's overall growth for 2011-12 at the same level as estimated by the Reserve Bank of India, Moody's noted in its annual sovereign credit update on India that the ‘cyclical slowdown' was unlikely to alter its credit outlook.

“Moody's expects GDP growth of 7.5-8 per cent in 2011-12 … Given current global uncertainty, and the continuing transmission of the RBI's tightening over the last year, the risks to both forecasts are on the downside … Although rising domestic interest rates and an uncertain global economic environment could dampen India's near term GDP growth, a cyclical slowdown is unlikely to alter its credit outlook,” the report said.

On the inflation front too, Moody's analysis is in sync with the view held by the RBI in that inflation is likely to moderate to around 7 per cent by the end of the fiscal in March, 2012.

“Moody's expects ... inflation to abate slowly over the course of the year to about 7 per cent ... Should global growth decelerate, the concurrent decline in global commodity prices would alleviate India's inflation problem and likely allow for a pause or even reversal in monetary tightening,” the rating agency said.

Moody's, however, highlighted the concern over investment slowdown, a major issue that India Inc. has also been citing for bringing about a pause in further rate hikes by the RBI.

“Of concern is the apparent slowdown in investment in recent months, blamed on rising domestic financing costs as well as policy uncertainty in the wake of recent telecoms related scandals,” Moody's said.

Alongside, the Moody's report also pointed to the limited room for further fiscal stimulus, given the fact that the government has targeted to cap the fiscal deficit at 4.6 per cent of GDP in 2011-12, down from 4.7 per cent last fiscal. Turning to the rating aspect, Moody's noted that its outlook on India's ‘Baa3' foreign currency government bond rating remained stable with a ‘Ba1' rating on the country's local currency debt. “The outlook on the country's ‘Baa3' foreign currency government bond rating is stable. The gap between the ‘Baa3' foreign currency debt and ‘Ba1' local currency debt ratings reflects the potential likelihood that the government could prioritise its external obligations over its domestic obligations,” it said.

Pointing to India's strong medium to long-term economic potential by way of demographic profile, robust savings and investment rates and rising global competitiveness of its corporations, Moody's said: “Indian economy has demonstrated resilience to political, economic and financial shocks over the years.

“While it is not immune to an international growth slowdown, the strength of domestic demand and the diversity of the economy provide a buffer against a deceleration in globally exposed sectors.”

The buffer, it said, is the country's foreign currency assets, which are almost four times its annual foreign debt repayment obligations. “Moody's expects that this ample stock of reserves will facilitate meeting foreign exchange obligations, should external shocks lead to a cessation of foreign exchange inflows for a significant period,” the report said.

Alongside, while noting that the recent corruption cases and scandals have impaired the country's business environment currently, the agitation led by Anna Hazare also showed resilience of India's democratic system. “Corruption, highlighted in recent scandals around the Commonwealth Games as well as telecoms licensing, impairs a business environment ...The protests around the Lokpal/Jan Lokpal Bill are also an indication that corruption is a key concern across the country,” it said.

In particular, as proof of resilience of India's democratic system, Moody's said: “The most recent policy battle - over the anti-corruption Lokpal Bill - provides vivid evidence of the strengths of India's democracy (vociferous and organised dissent that checks government actions) and its challenges (protracted negotiations before any initiatives can be implemented).”

Source: The Hindu, http://www.thehindu.com/business/Economy/article2427338.ece?homepage=true

Ấn Độ yêu cầu Trung Quốc ngừng xây dựng cơ sở hạ tầng ở khu vực Kashmir do Pakistan chiếm giữ (PoK)

India tells China to stop infrastructure work in PoK

 

TNN

Sep 6, 2011

NEW DELHI: India has asked China to stop its infrastructure development activities in Pakistan-occupied Kashmir, even as it keeps a close watch on Beijing's "rapid" development of strategic roads, railway lines and airfields in Tibet as well as along the Line of Actual Control (LAC).

Defence minister A K Antony, in a written reply to Lok Sabha on Monday to a question posed by 18 MPs, said, "Government is aware that China is undertaking infrastructure projects in PoK. We have conveyed our concerns to China about its activities in PoK and asked them to cease such activities."

This comes after senior Indian Army commanders recently warned that India not only faced the threat from Chinese troops along the LAC with China but it could well extend to the Line of Control (LoC) with Pakistan due to the expansive Beijing-Islamabad military nexus.

Apart from the massive build-up of Chinese military infrastructure all along the 4,057-km LAC, especially in the Tibet Autonomous Region (TAR), there is growing concern about the Chinese People's Liberation Army troops actually being stationed along the volatile 778-km-long LoC between India and Pakistan.

Antony, on his part, said, "China has also been carrying out rapid infrastructure development in TAR and in areas along the India-China border. It's carrying out construction of strategic roads, railway lines and airfields close to the LAC, which has improved its military capability."

As earlier reported by TOI, this includes five fully-operational airbases, an extensive rail network and over 58,000-km of roads in TAR. India is now belatedly taking steps to strategically counter China's build-up, which ranges from deploying Sukhoi-30MKI fighters in the North-East to plans to raise a new mountain strike corps after raising two new mountain infantry divisions, with 1,260 officers and 35,011 soldiers. While the 56 Division has its HQ in Zakama (Nagaland) under the Dimapur-based 3 Corps, the 71 Division at Missamari (Assam) falls in the operational command of the Tezpur-based 4 Corps.

Source: The Times of India, http://timesofindia.indiatimes.com/india/India-tells-China-to-stop-infrastructure-work-in-PoK/articleshow/9877687.cms

 

Lạm phát giá cả lương thực ở Ấn Độ ở mức hai con số

Food inflation in double-digit; onion, fruits turn expensive

 

PTI
New Delhi, September 1, 2011

Food inflation entered the double-digit number after a gap of five months, at 10.05 per cent for the week ended August 20, as onion, fruits, vegetables and protein-based items turned more expensive.

Food inflation, as measured by the Wholesale Price Index (WPI), was 9.80 per cent in the previous week. The rate of price rise of food items was over 15 per cent during the same week last year.

This is the first time food inflation entered the double-digit mark since the week ended March 12, when it was at the same figure of 10.05 per cent.

As per the official data released today, prices of onion soared by 57.01 per cent year-on-year, while that of potato by 13.31 per cent during the week under review.

Fruits became dearer by 21.58 per cent and vegetables overall by 15.78 on an annual basis.

The prices of egg, meat and fish were up 12.62 per cent, while milk and cereals became dearer by 9.22 per cent and 4.64 per cent, respectively.

However, pulses became cheaper by 4.16 per cent and wheat by 2.52 per cent year-on-year.

Overall, primary articles recorded 12.93 per cent inflation for the week ended August 20, up from 12.40 per cent in the previous week. Primary articles have a share of over 20 per cent in the WPI.

However, inflation in non-food articles, which include fibres, oilseeds and minerals, stood at 17.19 per cent, down from 17.80 per cent in the previous week.

Source: The Hindu, http://www.thehindu.com/business/Economy/article2417155.ece?homepage=true

Ấn Độ coi Trung Quốc là hình mẫu phát triển kinh tế?

India looks to China as an economic model

 

1 Sep, 2011

 

MUMBAI: It seems to be a national obsession in India: measuring the country's economic development against China's yardstick.

At a recent panel discussion to commemorate the 20th anniversary of India's dismantling parts of its socialist economy, a government minister told business leaders to keep their eye on the big prize: growig faster than China.

"That's not impossible," said the minister, Palaniappan Chidambaram, who oversees national security and previously was finance minister. "People are beginning to talk about outpacing China."

Indians, in fact, seem to talk endlessly about all things China, a neighbor with whom they have long had a prickly relationship, but which is also one of the few other economies that has had 8 percent or more annual growth in recent years.

Indian newspapers are filled with articles comparing the two countries. Indian executives refer to China as a template for development. Government officials cite Beijing, variously as a threat, partner or role model.

But if keeping up with the Wangs is India's economic motive force, the rivalry seems to be largely one-sided.

"Indians are obsessed with China, but the Chinese are paying too little attention to India," said Minxin Pei, an economist who was born in China and who writes a monthly column for The Indian Express, a national daily newspaper. (No Indian economists are known to have a regular column in mainland Chinese publications.)

Most Chinese are unconcerned with how India is growing and changing, because they prefer to compare their country with the United States and Europe, said Pei, a professor at Claremont McKenna College near Los Angeles. He says he has tried to organize conferences about India in China but has struggled to find enough Chinese India experts.

Liu Yi, a clothing store owner in Beijing, echoed the sentiments of a dozen Chinese people interviewed in Beijing and Shanghai, in dismissing the idea that the two countries could be compared. Yes, he said, India was a "world leader" in information technology, but it also had many "backward, undeveloped places."

"China's economy is special," Liu said. "If China's development has a model, you could say it's the US or England."

It might be only natural that the Chinese would look up the development ladder to the United States, now that it is the only nation in the world with a larger economy, rather than over their shoulders at India, which ranks ninth. And while China is India's largest trading partner, the greatest portion of China's exports go to the United States.

So for India, China represents the higher rung to strive for.

Like India, China traces its civilization back thousands of years and has a population of more than 1 billion people. And China has lessons to offer because, under Deng Xiaoping in the late 1970s and early '80s, it started the transition to a more open and competitive economy more than a decade before India. Before Deng took power, India's economy was bigger on a per-capita basis than China's.

Whatever the reasons, Indians compare virtually every aspect of their nation with China. Infrastructure (China is acknowledged as being many kilometers ahead). The armed forces (China is more powerful). Universities (China has invested more in its institutions). The software industry (India is far ahead). Proficiency in the English language (India has the historical advantage, but China is catching up).
 

Source: The Economic Times,
http://economictimes.indiatimes.com/news/economy/indicators/India-looks-to-China-as-an-economic-model/articleshow/9820700.cms