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NEWS: Chinese Premier Seeks Tech Alliance with India

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posted on Apr, 10 2005 @ 04:22 PM
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China's prime minister says that China and India should work together to dominate the world's tech industry, bringing together Chinese hardware with Indian software. On a visit to India's southern technology hub of Bangalore, Premier Wen Jiabao said the two nations should put aside their historic rivalries for the venture and welcome a new "Asian century."
 



www.financialexpress.com
Chinese Premier Wen Jiabao visited India's technology hub on Sunday and said the Asian giants could team up to become world leaders in information technology.


Wen arrived in Bangalore on Saturday on a four-day visit to India aimed at easing a decades-old border dispute and boosting trade between the world's two most populous countries.

Wen visited Tata Consultancy Services (TCS), India's largest software exporter, at a gleaming technology park symbolising India's growing prowess in information technology.

"It is true India has the advantage in software and China in hardware. If India and China cooperate in the IT industry, we will be able to lead the world ... and it will signify the coming of the Asian century of the IT industry," he said.



Please visit the link provided for the complete story.


Wen is also expected to discuss the more than 50-year-old border dispute over their 650-mile frontier, and a solution is expected to be reached during Wen's four-day visit. The talks between India and China come a week after US Secretary of State Condoleezza Rice came to India, talking of India's growing strategic and economic importance on the global stage. "There is no question that the US follows a doctrine of unilateralism and that is an area of joint concern for India and China,” says Mira Sinha Bhattacharjea, former director of the Institute of Chinese Studies in New Delhi. "The bottom line is that we are the neighbors here. We share a border. I would like to see America take a wiser approach to these relations, and see the cooperation of India and China - which includes elements of competition - as a positive thing."

___________Rising heavyweights in Asia____________
_______________________INDIA________CHINA
Population ('03)__________1.065 billion___1,298 billion
GDP ('03)_______________$3.0 trillion____$6.4 trillion
Growth rate ('04)_________6.5%_________9.5%
Foreign Investment ('03)___$4.3 billion____$53.5 billion
Living on < $1/day ('04)____33%_________16%
SOURCES: CIA Factbook, Asia Development Bank, World Bank, UN World Investment Report 2004

Could this be the beginning of the end of United States domination of the tech industry? Or, is this the beginning of a peace in the region? With India and Pakistan allowing buses to cross the border, and now China and India “mending fences,” peace and well-being seems very plausible. When other countries are more successful and stable, than they pose less of a threat to their neighboring countries. On the other hand, this could also be perceived as a threat to the United States tech industry.


Related News Links:
www.csmonitor.com
www.hindustantimes.com
story.news.yahoo.com




posted on Apr, 11 2005 @ 12:16 PM
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Beware of the new Asian century of global dominance. Here is another article that has a different angle on the story:

www.abovetopsecret.com...

That article deals more with trade and military consequences of this new-found peace between India and China.



posted on Apr, 11 2005 @ 01:33 PM
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Interesting how this occurred shortly after Bush decided to sell F-16s to Pakistans.

I don't want to jump to conclusions, but India may be trying to ensure China's nutrality in case a conflict with Pakistan breaks out.



posted on Apr, 11 2005 @ 02:07 PM
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Here is a good article
that addresses the issues pertaining to American tech dominance.

America still spends more money on R&D than any other country. We are starting to lagg behind in brain power. China and India graduate many more people with science and engineering degrees than the US. I believe the future depends on how much brain power we are able to attract to the United States.



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