Chindia
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Chindia is a
portmanteau A portmanteau word, or portmanteau (, ) is a blend of wordsChina and
India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
together in general. China and India share long borders, are both regarded as growing countries and are both among the fastest growing major economies in the world. Together, they contain over one-third of the world's population (nearly 2.7 billion). They have been named as countries with the highest potential for growth in the next 50 years in a
BRIC BRIC is a grouping acronym referring to the developing countries of Brazil, Russia, India, and China, which are identified as rising economic powers. It is typically rendered as "the BRIC," "the BRIC countries," "the BRIC economies," or alte ...
report. BRIC is a grouping acronym that refers to the countries of Brazil, Russia, India and China.


Arguments against

Politically, China can be characterized as a single party authoritarian state whereas India is a democracy of hundreds of political parties. India's culture can be characterized by a high degree of pluralism whereas China has a more ethnically homogeneous population, though the concept of Han ethnicity is itself challenged. The commonly cited complementary nature of China and India's economies is also being questioned as the service sector in China is rapidly growing, while India's manufacturing sector has seen rapid growth in recent years. China also has a head start in international marketplaces and is a large investor in Africa. 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 The United Nations Security Council (UNSC) is one of the six principal organs of the United Nations (UN) and is charged with ensuring international peace and security, recommending the admission of new UN members to the General Assembly, an ...
. Additionally, China's massive infrastructure investments into
Pakistan Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's fifth-most populous country, with a population of almost 243 million people, and has the world's second-lar ...
rather than
India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
suggest the concept of Chindia(n) integration may be pre-mature and/or politically inconvenient.


Challenges for growth

It is seen at present for both India and China to overcome major and mutual challenges such as regional and societal income disparities, moving up the value chain towards greater innovation, and also environmental degradation for Chindia to prosper and actually take effect in future. Serious difficulties in attempting to find a mutually acceptable settlement for a 2520 miles (4056 km) frontier has been a major stumbling block between the two countries ever since India's independence in 1947. Technical discussions have been going on for decades. They will continue. The difference is that these discussions are now coupled with the leaders' firm pledge to find a peaceful solution.


Emerging Asia

China is seen to assert its global leadership. Many countries in the world are now counting on China to lead the recovery from the recent US economic
crisis A crisis ( : crises; : critical) is either any event or period that will (or might) lead to an unstable and dangerous situation affecting an individual, group, or all of society. Crises are negative changes in the human or environmental affair ...
and the European debt crisis. China has also shown leadership ambitions through proposing an alternative reserve currency to the US dollar and extending yuan swap lines to several Asian and even non-Asian states. Citigroup predicts that the economies of China and India will have surpassed that of the United States by 2030.


Innovation, education and business

Today, China and India are producing some of the world's best-trained computer science and electrical engineering graduates.


See also


References


Further reading


Chindia Biz Blog
hosted by the India, China & America Institute *Jagdish N. Sheth. ''Chindia Rising''. New Delhi, McGraw Hill India, 2007
ReviewOfficial Website
* The Indian Economy Blog - https://web.archive.org/web/20080115003037/http://indianeconomy.org/, featuring many discussions on India and China's economic performance*\
"Chindia Rising" - Book by Jagdish N. Sheth
*''
BusinessWeek ''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City ...
''; 12 August 2005; ''"Chindia"'': ''China and India special feature''
Do you have a Chindia strategy
-
Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...
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.
Chindia Lounge, China & India (CHINDIA) Business / Culture / Travel / Outsourcing Resource Blog
ChindiaLounge.com by an Asia Business Relations/Marketing Expert.

*Zhang Chiahou. "Chindia Alert: Forewarned is Forearmed" - a Kindle eBook, Dec 2012 - https://www.amazon.co.uk/dp/B00AQ29ASK


External links


The Chi-India booster of the world


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
* ttp://www.theage.com.au/news/business/silk-road-to-riches-beckons-for-chindia/2005/10/01/1127804692973.html Silk Road to riches beckons for 'Chindia'(theage.com)br>Chindia, where the world's workshop meets its office - The GuardianChindia Alert: forewarned is forearmed - from Chindia Alert Unlimited
{{China–India relations Economy of India Economy of China China–India relations 2000s neologisms