China

The Steel Industry across the world is in a dilemma. Estimates show that the demand for steel has gone down not because there is no need for it but rather because the feeder element of the steel industry has been capped. As an industry, steel sales are directly influenced by companies which require it for their purposes. When these companies as part of an industry are themselves experiencing a tough time, then they put projects on hold. It’s this that the steel industry has recognized as the fundamental reason it’s started to experience a downturn.

One US analyst said it best when asked about the outcome of the recently failed WTO talks in Geneva “Success or failure of the Doha Round may very well lie in the hands of Kamal Nath alone”.While he did make this statement a few days before the talks were officially declared as a failure, he was definitely right.

For probably the first time in history three developing countries dictated the pace of the trade talks at Geneva. This year was perhaps special for them simply because when the entire issue being discussed began in 2001 in Doha they were merely participants but today they pretty much hold the key to World trade.

By Priya Nigam

What do India and China have in common? The answer is a border. That’s it? Yes, more or less.

India and China have experienced phenomenal growth over the past five-to-seven years… both emerging as global economic superpowers. But the two Asian nations have their distinct experiences and their success stories are quite different. To begin with, India has relied on its services sector in general and the IT sector in particular for growth, while growth in its neighboring country has been led by the manufacturing sector.

By Vipin Agnihotri

No one is going to argue with the fact that India is inching up the scale in terms of the ease of doing business. In my opinion, it seems to be moving quicker as compared to countries like China but still India has miles to go before it can catch up.

By Vipin Agnihotri

In my opinion, as Indians scale newer heights of consumption, retail shelves are becoming showcases of the competitiveness (or, in few situations, the lack of it) of Indian manufacturing. It has come into the notice of The India Street that bigger sections of these shelves are getting filled by products from China, particularly in categories such as toys, home decor items, luggage, consumer electronics, appliances, and stationery. Notwithstanding the lead paint scare in the US from Chinese made goods, India needs to take the initiative and start promoting Indian manufacturing.

The India Street Examines the differences between India and China business and real estate practices. Hal Wendel of C3K Group defends China while we try to convince Hal of India's allure.