...China and India Will Entrench Western Dominance
Just like the Japan enthusiasts two decades ago, some new Asia enthusiasts believe the rapid rise of China’s economy coupled with a probable new Indian economic powerhouse will help usher in a Pacific-centric economic century centered on two new Asian economic giants. I see the opposite. A rapidly developing China and India based on the same “cheap” manufacturing and service outsourcing model will facilitate and prolong Western economic dominance for reasons outlined above. ...Link
Tuesday, July 13, 2004
China and India Will Entrench Western Dominance
This is an excellent post by Daniel Lian on S.E.Asia's big picture. He captures a view not yet mentioned by his peers Roach and Xie.