Chindia is a
portmanteau
A portmanteau word, or portmanteau (, ) is a blend of words[China
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...](_blank)
and
India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
together in general. China and India share long borders, are both regarded as growing countries and are both among the fastest
growing major economies in the world. Together, they contain over one-third of the
world's population (nearly 2.7 billion). They have been named as countries with the highest potential for growth in the next 50 years in a
BRIC
BRIC is a grouping acronym referring to the developing countries of Brazil, Russia, India, and China, which are identified as rising economic powers. It is typically rendered as "the BRIC," "the BRIC countries," "the BRIC economies," or alte ...
report. BRIC is a grouping acronym that refers to the countries of Brazil, Russia, India and China.
Arguments against
Politically, China can be characterized as a single party authoritarian state whereas India is a democracy of hundreds of political parties. India's culture can be characterized by a high degree of pluralism
whereas China has a more ethnically homogeneous population,
though the concept of
Han ethnicity is itself challenged. The commonly cited complementary nature of China and India's economies is also being questioned as the service sector in China is rapidly growing,
while India's manufacturing sector has seen rapid growth in recent years.
China also has a
head start in international marketplaces and is a large investor in Africa.
There is also the belief that China has greater geopolitical clout than India as well as a permanent seat on the
United Nations Security Council
The United Nations Security Council (UNSC) is one of the Organs of the United Nations, six principal organs of the United Nations (UN) and is charged with ensuring international security, international peace and security, recommending the admi ...
.
Additionally, China's massive infrastructure investments into
Pakistan
Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's List of countries and dependencies by population, fifth-most populous country, with a population of almost 24 ...
rather than
India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
suggest the concept of Chindia(n) integration may be pre-mature and/or politically inconvenient.
Challenges for growth
It is seen at present for both India and China to overcome major and mutual challenges such as regional and societal income disparities, moving up the value chain towards greater innovation, and also
environmental degradation
Environmental degradation is the deterioration of the environment (biophysical), environment through depletion of resources such as quality of air, water and soil; the destruction of ecosystems; habitat destruction; the extinction of wildlife; an ...
for Chindia to prosper and actually take effect in future.
Serious difficulties in attempting to find a mutually acceptable settlement for a 2520 miles (4056 km) frontier has been a major stumbling block between the two countries ever since India's independence in 1947. Technical discussions have been going on for decades. They will continue. The difference is that these discussions are now coupled with the leaders' firm pledge to find a peaceful solution.
Emerging Asia
China is seen to assert its global leadership. Many countries in the world are now counting on China to lead the recovery from the recent
US economic
crisis
A crisis ( : crises; : critical) is either any event or period that will (or might) lead to an unstable and dangerous situation affecting an individual, group, or all of society. Crises are negative changes in the human or environmental affair ...
and the
European debt crisis
The European debt crisis, often also referred to as the eurozone crisis or the European sovereign debt crisis, is a multi-year debt crisis that took place in the European Union (EU) from 2009 until the mid to late 2010s. Several eurozone membe ...
.
China has also shown leadership ambitions through proposing an alternative reserve currency to the US dollar and extending yuan swap lines to several Asian and even non-Asian states.
Citigroup
Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking ...
predicts that the economies of China and India will have surpassed
that of the United States by 2030.
Innovation, education and business
Today, China and India are producing some of the world's best-trained computer science and electrical engineering graduates.
See also
References
Further reading
Chindia Biz Bloghosted by the
India, China & America Institute
Jagdish N. Sheth (born 1938) is the Charles H. Kellstadt Professor of Marketing at the Goizueta Business School of Emory University. He was a prominent member of the core team during the initial years of the Indian Institute of Management Calcutt ...
*Jagdish N. Sheth. ''Chindia Rising''. New Delhi, McGraw Hill India, 2007
ReviewOfficial Website
* The Indian Economy Blog - https://web.archive.org/web/20080115003037/http://indianeconomy.org/, featuring many discussions on India and China's economic performance*\
"Chindia Rising" - Book by Jagdish N. Sheth
*''BusinessWeek
''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City ...
''; 12 August 2005; ''"Chindia"'': ''China and India special feature''
Do you have a Chindia strategy
-Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...
13 August 2007
Beware the 'Chindia' effect
- Mail & Guardian Online
*Jairam Ramesh. ''Making Sense of Chindia: Reflections on China and India''. New Delhi, India Research Press, 2005.
Chindia Lounge, China & India (CHINDIA) Business / Culture / Travel / Outsourcing Resource Blog
ChindiaLounge.com by an Asia Business Relations/Marketing Expert.
*Zhang Chiahou. "Chindia Alert: Forewarned is Forearmed" - a Kindle eBook, Dec 2012 - https://www.amazon.co.uk/dp/B00AQ29ASK
External links
The Chi-India booster of the worldSenior Business Week writer Pete Engardio, credited for having made the Chindia neologism famous, compares the rise of both China and India in this online video conference.
Radio France International - Asia Pacific - Relations between India and China incl. interview with India Foreign Minister Shivshankar MenonTap into Chindia Global Virtual Seminar Series*
ttp://www.theage.com.au/news/business/silk-road-to-riches-beckons-for-chindia/2005/10/01/1127804692973.html Silk Road to riches beckons for 'Chindia'(theage.com)br>
Chindia, where the world's workshop meets its office - The GuardianChindia Alert: forewarned is forearmed - from Chindia Alert Unlimited
{{China–India relations
Economy of India
Economy of China
China–India relations
2000s neologisms