Without doubt, the world is not enough if India and
China project themselves as one block. With more than two billion people, which
is one-third of the total global population, the two countries can virtually
dictate terms to the entire world including the US.
Apart from the fact that the bloc would be the world's
largest market, they can also combine to provide a whole host of services to
other countries. And IT would be definitely on the top. Just combine India's
mastery in software with Chinese expertise in hardware, what you get would be
world-beaters in every sense of the world.
Although, this seems to be a far-fetched idea--in fact,
some would call it a pipe dream--the fact remains that the coming together of
India and China is entirely possible. And what is going to fuel this
possibility, is commerce. Decades of mistrust due to politics taking the
centerstage, had held back any possibility of partnership. But now, economic
imperatives mean that all those days are gone. It's the dawn of a new era.
However, there is still a long way to go before we can
really say Hindi Chini Bhai Bhai. For that to happen, India will have to learn a
lot from China in terms of how to go about creating proper conditions for
business. For instance, China has created IT clusters in the form of special
economic zones, which are located in 14 major coastal cities, including Shenzhen,
Shanton, Zhuhai, Liamen and Haimen. Similarly, their are many development zones
and designated inland cities, along with several free ports and bonded zones, in
cities such as Dalian, Tianjin, Shanghai and Guangzhou.
China and India are today, amongst the world's fastest
growing economies. While the former is with two decades of reforms and economic
restructuring, the later is just one decade old in terms of economic
liberalization.
However, both have an abundant supply of technically
qualified manpower. Both are opening up to promote private enterprise, are
investing heavily in infrastructure development and are on the lookout for
economically viable and sustainable partnerships in top-end technology sectors.
Basically, both are today redefining the global trade
order. And, most importantly, both have much to offer each other in diverse
sectors to complement their own competencies. Need any more reason why Hindi
Chini should become bhai bhai?