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September, 2013

  • For the first time since 1954, leaders of India and China would have visited each others countries in the same year, the last time this happened was when Premier’s Zhou Enlai and Jawaharlal Nehru met. Then, was also the beginning of the formation of the cold war between the two neighbours, hopefully this time round these differences will melt into history.

    As Indian Prime Minister Manmohan Singh sets in gear a host of deals ahead of his October 23rd meeting with Chinese Premier Li Keqiang, he will also make history by being the second Indian leader to visit China in a reciprocal visit across the himalayas. Premier Li Keqiang visited Delhi and Mumbai in May this year.

    Plans for the leaders to announce big ticket deals are afoot with several high level delegations from Delhi already in Beijing. Over the past few days, dignitaries from the border security services, trade and finance, economy and policy have all been camped in Beijing ironing out last minute legalities before the leaders sign on the dotted line.

    With bilateral trade and investment affecting the globe on a multilateral level, both China and India are consumed with re-balancing their basket of goods. In a strong bid to attract increased FDI into India, the premiers are expected to sign larger agreements between the two countries, boosting infrastructure and financing large deals within India.

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  • The ballooning Indian trade deficit with China is no longer only affecting India, but is impacting China and their international play. India’s limited trade with China, means the country has few inroads into India, enabling less control over the region and a deferred geopolitics. In order to play the game right, China on her part has encouraged the Indian government and companies to increase bilateral trade and investments. Yet, as this has failed to see optimum results,signs are the Chinese government is taking matters into their own hands to make sure the basket of goods attains equilibrium.

    On its part one of the more large scale operation the Chinese government is considering is building manufacturing excellence within a large plot of land owned jointly by Chinese companies. Similar to export promotion zones of various caliber build in China, this large plot of land within India is expected to have world class infrastructure and manufacturing facilities, from which Chinese companies will be able to take advantage of India’s talented yet cheaper workforce and export quality made in Inchin goods. The facility which is yet under consideration, will enable the Chinese to control the production and logistics supply chain and enable India to export goods to international markets, raising her stature in the global game.

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  • Nazia Vasi, Founder, CEO, Inchin CloserA representative of the Mumbai Global Shapers Community at the World Economic Forum, Annual Meeting of New Champions, in Dalian, China Inchin Closer Founder and CEO, Nazia Vasi got a ring side view of the thought leaders, discussions and opinions shaping the world.

    A three day conference in the mountainous seaside resort town neighboring Korea, summer Davos as the conference is otherwise known – was a great platform to meet and understand game changers the world over. Selected as one of the four representatives from India, Ms. Vasi was particularly interested in learning more about the evolving education space. The need for teaching online Vs offline, a blended approach to teaching or a mass based tutoring via MOOC’s. The options are plenty and while the vote was definitely in favour of a more online approach, the experience of discussing the same with education veterans from both prestigious Chinese as well as American universities was enlightening and resourceful. Hearing about how cities in Africa educate their youth via mobile phones because students don’t have access to brick and mortar classrooms, how MOOC’s work well as a fun way to learn, but do not yet replace a university degree, how culture plays such an important role in defining the success of an online educational tool and how students are broadly benefiting from interacting with peers around the world, were all issues that were debated and discussed on both a global and local level.

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