From Asia Times Online:
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In this era of globalization, the elephant and the dragon are finally running fast, together. There is a sense of urgency for the two ancient peoples to catch up with the developed world. True, there is a high degree of rivalry between them, but all that this competition will produce in the end is a creative and productive partnership.
Mutual benefits are plenty. India has built up a world-class information technology ( IT) army while China has created a fast-expanding manufacturing force. Their strengths are complementary in numerous ways, all they have to do is team up in a more productive fashion. So far, India’s IT army has successfully courted the big boys’ club in the developed world. But there is a limitation to how far it can go. Indian software companies are service-oriented. They have not had a large space to develop their propriety products. China can provide them that space.