• The Journal of Asian Finance, Economics and Business
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• 제7권12호
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• pp.1123-1132
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• 2020

The aim of this paper is to understand the nature of transformation of the Chinese economy. China's approach to the process of economic development in the aftermath of the reforms in the late 1970's has been a success story and a phenomenon of great significance. It helped millions of people move out of poverty and achieve an acceptable standard of life. The economic policy of China was more effective than India's; we measured this effectiveness in terms of two fundamental approach: first, growth was fundamental for ensuring and increasing the wellbeing as it increases total output in China compare to India; second, growth was pro-poor in China, but not in India, during the period 2000-2011. In this paper, we seek to explain how China reduced extreme poverty through reforms, and this reform experience of China stands out for three reasons. The first is renewed thrust on the rural economy and private sector, second is decentralized planning, and third is investment in human resource development. This experience of China's reform success offers a significant lesson for most of the developing countries, especially India, since India has more similarities with China. Therefore, this experience is particularly insightful for India.

• Asia Marketing Journal
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• 제11권2호
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• pp.21-35
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• 2009

In December 5, 2006, "The Economic Times", India's the most famous economy daily newspaper, reported Korea Lotte Mart is planning to enter into India's market. Lotte group, marking number 7^th in Korea's list of conglomerates, established VRIC(Vietnam, Russia, India, China)'s strategy. This strategy is targeted to enter into emerging markets such as Vietnam, Russia, India, China and etc. As of 2007, Lotte Group aggressively is placing its subsidiaries such as Lotte Department Store in Russia and China, Lotte Mart in Vietnam and China and Lotte Confectionery in China and India, into emerging markets. From this case, Based on the assumption of Lotte Mart's India market entry scenario, this study considers various decision-making factors such as market attractiveness evaluation, timing of entry, entry mode, location, scale, positioning, operation strategy, and others, while developing an overseas market entry strategy. This case study also provides India's distribution market environment that Korean companies can utilize when entering into the Indian market in the near future.

• Acta Via Serica
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• 제5권2호
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• pp.91-110
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• 2020

This paper traces the trajectory of a variety of complicated economic and political developments between China and India - the world's most ancient civilizations connected by rich history. These recent developments, which are heavily acrimonious and include military clashes involving loss of lives, have greatly damaged bilateral relations. The paper examines the reasons behind the bilateral relations dipping to new lows. Aside from specific bilateral disputes like outstanding border problems, China-India relations have been affected by global and regional developments. The paper identifies rising tensions between the U.S. and China, the evolution of the Belt and Road Initiative, and the growth of the Indo-Pacific construct, as the reasons that have expanded distance and mistrust between the two countries. Both China and India are now part of country coalitions aiming to marginalize each other's strategic influences. The paper argues that such efforts by them are going to impact countries in their neighbourhood - such as in Central Asia - by forcing them to make complex choices in the areas of trade engagement and technological development.

• Journal of Contemporary Eastern Asia
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• 제17권1호
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• pp.5-26
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• 2018

Joseph S. Nye defined soft power as the power of attraction to affect the behavior of other states through the use of non-coercive instruments including culture, political values and foreign policy. Over the last two decades, environmental issues have grown in importance on the international agenda and become critical components of states' foreign policy-making. This paper aims to analyze environmental foreign policy as a soft power instrument focusing on two major rising powers: China and India. Traditionally, China and India had been reluctant to make any commitments in the field. However, they have shown greater willingness to act in global environmental governance in the past decade. They started playing more active roles in global climate change negotiations and supported a number of initiatives. Their current rise in global environmental governance has even been praised by the international community as the Paris agreement case demonstrated. This study evaluates China's and India's recent efforts in global environmental governance with a focus on climate change negotiations linking their constructive position to their soft power potential. It is argued that environmental issues are used by these two states as foreign policy strategy to gain more influence in international politics. This study finds out that China's climate-related environmental diplomacy has been more ambitious than that of India and thus has been closer to fulfill its potential as a soft power asset.

• Asian Journal of Innovation and Policy
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• 제11권1호
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• pp.69-86
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• 2022

This study examines performances and varieties of export of IP sensitive products across emerging countries, namely, India and China by utilizing 6-digit disaggregated product-level export data. Further, this study constructs trade margins - extensive and intensive margins to understand trade potential and different trade patterns, specifically, exporters' productivity, product diversification, and volume of trade during 2007-2016. This study finds India's performance is comparable with China at the extensive margin though the gap between India and China is very wide in terms of the total value of exports and the intensive margin. China majorly exports more expensive electronics and manufacturing-related products as opposed to relatively cheaper medicinal and synthetic products, the total value of exports from China to the rest of the world is much higher than that of India. This study suggests that India is exporting IP-sensitive products to lower-income countries sufficiently, but the IP-sensitive exports to higher-income countries are still lagging.

• 한국과 국제사회
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• 제3권2호
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• pp.183-220
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• 2019

소프트 파워는 국제 교류 및 지역 협력에서 중요한 역할을 하고 있다. 방글라데시 중국 인도 미얀마 지역은 지리적으로 보면 서로 인접되어 있으며 역사적으로 왕래가 빈번한다. 2013년 중 인 양국이 방글라데시 중국 인도 미얀마 경제회랑 건설을 제의한 후에, 방글라데시와 미얀마가 이 제안에 적극적으로 호응하면서 4국 간의 교류는 더욱 밀접해진다. 방 중 인 미 경제회랑 지역은 중국 서남과 방글라데시 인도 미얀마를 연결하는 중요한 통로 될 것이고, 이를 통해 관련지역의 문화교류도 많아질 것이다. 하지만 4국 간에는 문화교류는 중국과 인도의 소프트 파워에 의해 불균형한 상태로 보인다. 중국 인도는 방글라데시 미얀마에 대해 문화 제품이 더 많이 수출하고 있고, 이는 많은 분야에서 방글라데시와 미얀마에게 영향을 주고 있다. 향후에 이 경제회랑은 문화교류 및 협력 가속화하는 배경 하에, 지속 가능한 발전 체제를 구축해 나가야하며, 이를 통해 4국의 소프트 파워 영향력을 균형화시켜서 지역문화의 백화제방(百花齊放)를 달성할 것이다.

• Asian Journal of Innovation and Policy
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• 제2권2호
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• pp.123-149
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• 2013

In the past three decades since the advent of market oriented reforms began in 1978, China has made rapid strides in catalyzing economic growth. The economic development coincides with the development of significant capabilities in several areas of science, technology, and innovation. China has recorded notable achievements in a number of emerging fields. This paper investigates the process that has catalyzed the developments in Science and Technology (S&T) and the key factors that have facilitated this process. The causality of dynamism of S&T in China points at targeted development, an emphasis on high growth industries and high technology, commensurate resource mobilization, ruthless restructuring of innovation actors, dynamic organization and management of R&D, continuously evolving policies with strict enforcement, and implementable instruments. This paper attempts to bring out the roadmap of the Chinese transformation process in S&T and derive policy lessons for India.

• 한국식품위생안전성학회지
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• 제21권3호
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• pp.164-170
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• 2006

Asian Branches of International Life Science Institute (ILSI), i.e. China, India, Japan, Korea and South East Asian Region, identified five key public health issue priorities of each region and compared the results. In case of China, India and South East Asian countries (Indonesia, Malaysia, Philippines, Thailand etc. ASEAN countries), communicable diseases were the first priority issue, while elderly issue and food safety were prime issues for Japan and Korea, respectively. Malnutrition was the second priority issue for India and ASEAN countries, whereas non-communicable disease like cancer and degenerative diseases was for Korea and China, and obesity far Japan. Typical issues were smoking for China, nutrition education for China and Japan, biotechnology aiming GMO for India, and functional food causing health claim problem for Korea and Japan. Although the priority varied with the socioeconomic situation of each county, food and water safety recorded the highest priority of all the countries. The key public health issues of Korea were discussed in detail.

• 상하수도학회지
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• 제24권2호
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• pp.157-164
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• 2010

Seawater desalination has vest interest in terms of ultimate water resources for the countries suffering lack of water supply. Water demand is steadily increasing due to the population growth and industrialization in Asia. The objectives of this study are to prospect the desalination market in Asia countries including China, India and Singapore, and to propose possible strategies of getting through Asia water market. Water supply in China is increasing up to $5,322,060m^3$/d in 2015. Northeast coastal areas such as Tianjin, Shandong, Hubei, and Liaoning are expected rapid increase for water demand. The investment of water supply in India would be 1.74 billion dollars during 2006 to 2015. Chennai, Kutch, and Pondicherry have possibility in introducing seawater desalination plants. Singapore is focusing on water reuse, and operating three NEWater plants (water reuse plants). BOT with total solution providing financing, construction, operation etc. is an adequate strategy to getting through China water market, while desalination plant project connecting with power plant is desirable in India. The cooperative system with Korea and Singapore creates synergy effect regarding planning and operating experience of Singapore and EPC ability of Korea.

• Asian Journal of Innovation and Policy
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• 제7권3호
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• pp.511-533
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• 2018

As the developed and developing economies make the transition to knowledge-based economies, the high-tech sector has been the primary engine in enabling this transformation. Given this context, the policy making and implementation abilities of the countries' local administration assume significance. This study therefore attempts to examine the policy evolution undertaken by China and India which resulted in the emergence of high-tech startup ecosystems in these countries. Further, using a theoretical framework for an ideal entrepreneurial ecosystem, it tries to understand the similarities and differences prevalent currently in the Indian and Chinese high-tech startup ecosystem. The results of the study indicate that although both the countries took different paths, from a macro-perspective, they follow the same pattern as observed in the US and Israel policy making - that of the change in the role of Government as a regulator to that of an enabler of the entrepreneurial ecosystem. The differences and similarities between the key entrepreneurial ecosystem components provide additional knowledge about the currently prevailing conditions of the ecosystem in these countries.