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Essay / Research Paper Abstract
A 5 page paper. China and India are both emerging markets with vast populations. This essay compares the two countries, including discussions on policies and risks of doing business in each nation. Bibliography lists 7 sources.
Page Count:
5 pages (~225 words per page)
File: MM12_PGchind.rtf
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the fifth largest economy in the world in terms of purchasing power parity (Asian Vendors, nd). About 75 percent of the GDP is in the private sector (Asian Vendors,
nd). Although there are numerous languages spoken in India, English is the preferred language for business dealings (Asian Vendors, nd). The XIM policy, amendments to Export-Import Policy, has made foreign
investment easier, liberalizing trade considerably (University of Bridgeport, nd). These amendments were made in accordance with their commitments to the World Trade Organization (University of Bridgeport, nd). India continues
to work towards a more transparent foreign investment policy, particularly for the core sectors (University of Bridgeport, nd). Each time, more industries are made eligible or foreign direct
equity investment, for example, nine industries in metallurgical and infrastructure sectors and 13 other priority industries were included in the last amendments (University of Bridgeport, nd). One of
the advantages in India is that the government has recognized intellectual property rights that are at a comparable level with international practice (University of Bridgeport, nd). Among many of its
offerings, India is becoming a leading software development center in the world (University of Bridgeport, nd). Even Bill Gates "distinguished India as a most promising base for software development" (University
of Bridgeport, nd). There are a number of risks in India, however, that include * There is still a very high illiteracy rate despite the governments efforts in this area
(University of Bridgeport, nd). Improvements have been seen but this is one of the governments areas of emphasis (University of Bridgeport, nd). * There is a vast deferential between
rich and poor classes (University of Bridgeport, nd). * There continues to be volatile conditions along the border (University of Bridgeport, nd). * The government becomes unstable (University of Bridgeport,
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