Thursday, May 15, 2014

Some interesting reading

It is very interesting to see that the China seems to be moving on right track...:

  • " affirmation of the Chinese leadership’s long-term goals: maximize national interests by augmenting economic benefits and engage distant lands in far-flung shores for doing so. This, however, would not mean China introducing political reforms for making its engagement more appealing. While the lines are clearly drawn between economic and political spheres, what is bit baffling is the way the leadership plans to go about in maintaining these distinctions. From an economic and business perspective, it seems prepared to accept the Western institutional and legal approaches in discussing issues related to investment, services, competition and procurement. The Western legal and institutional approaches though are largely shaped by principles underlying democracy, which discourage both political and economic monopolies. China seems to be aiming to achieve one without the other. Whether it will be successful in this unique experiment will be revealed only over time. "
Here is another not so interesting but.....

According to Aiyar Mr.Arvind Kejriwal told the Financial Times:
  • “It is only private business which can create wealth and employment in this country. Indians are born entrepreneurs. Yet the government has been acting as an obstacle in everyone’s business. It is so difficult to start and run a business in India unless you pay up money. All these laws and policies need to be simplified, but then the government’s job should be to ensure the laws are followed.” 

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