The two most heavily populated countries in the world are China and India, with China holding the top world population position.
Common but different, both are Asian nations that have large labor pools to draw from and at what a Westerner would consider to be dirt-cheap wages.
Both countries are on the radar as business-aggressive and seeping into the world economy a little more each day.
China being tapped for its industrial capabilities and India looked more upon as an educated workforce in search of Western businesses to service.
Foreigners in China control about twenty-five percent of the industries in that country, so one is not to think that China is just stealing jobs from the West.
The same can be said for India.
It's merely that companies from the West recognize the talent, labor, and synergy that is available in these two nations.
This brings me to the new word that I discovered that has a nice ring to it.
The word is Chindia.
Chindia is a combination of the country China and the nation of India, but I'm sure you're smart enough to have figured that out.
Chindia is more than a combination of words, it points to how the world is beginning to view these two nations.
If they were to merge they would be unstoppable based on population alone.
Merge their brain power (education proud), desire for success, natural ability to push a deal through (if you don't believe me, you haven't been reading enough business publications), and capital from the wealthy who don't want to be left behind in the emerging growth of their prospective nations.
Energy consumption by Chindia is rising quickly and here's where the gloves may come off as China and India compete for gas and oil.
Another possible friction point is their structures.
China manages it's economy as a one-party system, while India is one of the world's many democracies that embraces the spirit of the free market.
There's no denying what Chindia is capable of accomplishing in terms of industry, communication, technology, and services, but one has to realize that as prosperity sprouts more shoots the cheap labor will give way to a new and rising middle-class.
That will take decades, but not too many of them.
Perception of Chindia will be negative to the non-business and economic minded, but the wise eyes will scurry to figure out how they can partner up with this incredible force on the planet.
To challenge them outright would be foolish.
To deny them their place in the world economy would be even more foolish.
However, for a country to take Chindia under its arm and protect, nurture it, and encourage its people would pay dividends for generations to come.
Some argue that China is playing unfair by not opening its markets and creating a level playing field, but that will change over time, because it must before resentment builds to a level of no diminishment.
In the meantime, if you want your future to have real growth potential, study Chindia and think about how you can get in on the ground floor of this economic empire.
While you're at it, you may want to order up some tandoori cabbag.
Common but different, both are Asian nations that have large labor pools to draw from and at what a Westerner would consider to be dirt-cheap wages.
Both countries are on the radar as business-aggressive and seeping into the world economy a little more each day.
China being tapped for its industrial capabilities and India looked more upon as an educated workforce in search of Western businesses to service.
Foreigners in China control about twenty-five percent of the industries in that country, so one is not to think that China is just stealing jobs from the West.
The same can be said for India.
It's merely that companies from the West recognize the talent, labor, and synergy that is available in these two nations.
This brings me to the new word that I discovered that has a nice ring to it.
The word is Chindia.
Chindia is a combination of the country China and the nation of India, but I'm sure you're smart enough to have figured that out.
Chindia is more than a combination of words, it points to how the world is beginning to view these two nations.
If they were to merge they would be unstoppable based on population alone.
Merge their brain power (education proud), desire for success, natural ability to push a deal through (if you don't believe me, you haven't been reading enough business publications), and capital from the wealthy who don't want to be left behind in the emerging growth of their prospective nations.
Energy consumption by Chindia is rising quickly and here's where the gloves may come off as China and India compete for gas and oil.
Another possible friction point is their structures.
China manages it's economy as a one-party system, while India is one of the world's many democracies that embraces the spirit of the free market.
There's no denying what Chindia is capable of accomplishing in terms of industry, communication, technology, and services, but one has to realize that as prosperity sprouts more shoots the cheap labor will give way to a new and rising middle-class.
That will take decades, but not too many of them.
Perception of Chindia will be negative to the non-business and economic minded, but the wise eyes will scurry to figure out how they can partner up with this incredible force on the planet.
To challenge them outright would be foolish.
To deny them their place in the world economy would be even more foolish.
However, for a country to take Chindia under its arm and protect, nurture it, and encourage its people would pay dividends for generations to come.
Some argue that China is playing unfair by not opening its markets and creating a level playing field, but that will change over time, because it must before resentment builds to a level of no diminishment.
In the meantime, if you want your future to have real growth potential, study Chindia and think about how you can get in on the ground floor of this economic empire.
While you're at it, you may want to order up some tandoori cabbag.
Source...