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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (9971)	7/16/2003 12:20:47 AM
From: Lizzie Tudor	Respond to of 208188

no... I know you know that was not the point. My point is that american companies are hiring by the thousands in india. This is an emerging middle class. Yes 100K+ tech workers is a small % of the population of india, but otoh what are the demographics of the emerging Chinese middle class? American companies choose to set up different relationships with indian vs. chinese firms. Personally, I think the Indian deal is a better one, resulting in wholly owned subs or divisions of large companies like Msft in India. It is not the CM arrangement which is common in China, there are a number of reasons for this. Just some observations.