Summary of Chindia

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China and India are both vast, dynamic countries. The pace of their progress is furious and they are earmarked to become “the planet’s next economic superpowers.” Many commentators on Asia fall into the trap of a stereotype, as if they are classifying China and India together under one broad title – “Chindia.” However, China and India are starkly different nations, as highlighted in this book edited by Pete Engardio. For readers unfamiliar with either country, this text provides an easy-to-read introduction. It revisits some of the most common facts and fallacies about economic and business life in both states. getAbstract recommends this well-written, well-edited retrospective archive of BusinessWeek articles as an excellent historic source for anyone interested in China and India’s economic emergence during the past several years.

In this summary, you will learn

  • How China and India are redefining world business;
  • Why the differences between China and India are more numerous and significant than the similarities; and
  • What threats and opportunities China and India face in the future.
 

About the Author

Pete Engardio was BusinessWeek magazine’s Asia correspondent for six years and is co-author of Meltdown: Asia’s Boom, Bust and Beyond.

 

Summary

“Chindia” Ascendant
China’s economic growth never ceases to amaze the international press, commentators and politicians. An industry built on hype promotes every new sign of Chinese progress and “China fever” has full-steam-ahead momentum. Meanwhile, the same observers largely ignore India...

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