The resurgence of China and India: collaboration or competition?

The significant and largely unpredicted emergence of China and India as global economic players in recent decades has provoked diverse reactions globally and regionally. Not surprisingly, much of the Western world has been both enthused by the opportunities offered for their potential market share a...

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Main Authors: Nankervis, A., Chatterjee, Samir
Format: Journal Article
Published: I O S Press 2011
Online Access:http://hdl.handle.net/20.500.11937/37793
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author Nankervis, A.
Chatterjee, Samir
author_facet Nankervis, A.
Chatterjee, Samir
author_sort Nankervis, A.
building Curtin Institutional Repository
collection Online Access
description The significant and largely unpredicted emergence of China and India as global economic players in recent decades has provoked diverse reactions globally and regionally. Not surprisingly, much of the Western world has been both enthused by the opportunities offered for their potential market share and concerned about the potential adverse economic and political consequences on their own products, services, and global influence. In China and India, economic growth represents a resurgence of the power both countries exercised in pre-Colonial times. In both cases it can be argued that the symbolism of the ‘Asian Century' is equal to (if not greater than) its substance, with their triumph over the West during the global financial crisis as merely the zenith of such a resurgence. One consequence of these triumphs was the promulgation of the concept of an overarching and mutually beneficial economic (and perhaps even geopolitical) partnership between China and India, in which China's highly effective manufacturing sector would be complemented by an Indian economy with significant strengths in information technology innovations and back office services – namely, Chindia. This contribution analyses the contemporary ideological, economic, legislative, socio-cultural and geopolitical contexts of both countries, with a view to exploring the reality of such conceptions. It concludes that, due to the inherent ideological, infrastructural and social differences between China and India, together with the troubled history between them, it is unlikely that such a symbiotic relationship will eventuate. More likely is a dynamic series of intergovernmental economic and limited political agreements of mutual benefit.
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spelling curtin-20.500.11937-377932017-09-13T15:58:42Z The resurgence of China and India: collaboration or competition? Nankervis, A. Chatterjee, Samir The significant and largely unpredicted emergence of China and India as global economic players in recent decades has provoked diverse reactions globally and regionally. Not surprisingly, much of the Western world has been both enthused by the opportunities offered for their potential market share and concerned about the potential adverse economic and political consequences on their own products, services, and global influence. In China and India, economic growth represents a resurgence of the power both countries exercised in pre-Colonial times. In both cases it can be argued that the symbolism of the ‘Asian Century' is equal to (if not greater than) its substance, with their triumph over the West during the global financial crisis as merely the zenith of such a resurgence. One consequence of these triumphs was the promulgation of the concept of an overarching and mutually beneficial economic (and perhaps even geopolitical) partnership between China and India, in which China's highly effective manufacturing sector would be complemented by an Indian economy with significant strengths in information technology innovations and back office services – namely, Chindia. This contribution analyses the contemporary ideological, economic, legislative, socio-cultural and geopolitical contexts of both countries, with a view to exploring the reality of such conceptions. It concludes that, due to the inherent ideological, infrastructural and social differences between China and India, together with the troubled history between them, it is unlikely that such a symbiotic relationship will eventuate. More likely is a dynamic series of intergovernmental economic and limited political agreements of mutual benefit. 2011 Journal Article http://hdl.handle.net/20.500.11937/37793 10.3233/HSM-2011-0741 I O S Press restricted
spellingShingle Nankervis, A.
Chatterjee, Samir
The resurgence of China and India: collaboration or competition?
title The resurgence of China and India: collaboration or competition?
title_full The resurgence of China and India: collaboration or competition?
title_fullStr The resurgence of China and India: collaboration or competition?
title_full_unstemmed The resurgence of China and India: collaboration or competition?
title_short The resurgence of China and India: collaboration or competition?
title_sort resurgence of china and india: collaboration or competition?
url http://hdl.handle.net/20.500.11937/37793