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Politics : Politics for Pros- moderated

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To: neolib who wrote (128022)	7/28/2005 12:09:31 PM
From: Ilaine	Read Replies (1) of 793883

the Chinese market is the golden egg everyone wants to get their hands on. India GDP growth rate, 7%, is close enough to China's "official" growth rate of 9%, and they don't go around rattling sabers at anybody but Pakistan. Certainly not threatening us, which I find much more pleasant. Given the choice between India and China, I'd pick India. I imagine that US manufacturers set up in China rather than India due to the lack of a safety net and environmental laws. Cheaper goods when you throw the broken down workers into the scrap heap along with broken machines and industrial waste. Also, Chinese ports are closer to Long Beach, and Chinese shipping companies are well established, so that's better for us. On the other hand, India is closer to Europe and Africa and the Middle East, which are also good markets. Hard to say which of them is going to wind up with the best economy in Asia. India, at least, doesn't block access to the Internet and doesn't try to kill their own gooses that lay the golden eggs.

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