The success of China influenced India to give up its protectionists trade policies and showed that abandoning the old hostility to globalization could lead to prosperity, said a RAND Corporation analyst.
China’s globalization success has profoundly influenced its neighbors. India has learned from China the advantages of a more open economy, William H. Overholt, Director of RAND’s, Center for Asia Pacific Policy, told the U.S.-China Economic and Security Review Commission.