China and India: the Challenge and Opportunity

Sources Capell, Kerry. IKEA How The Swedish Retailer Became A ball-shaped Cult Brand. BusinessWeek. 14 Nov. 2005 96-106. Ikea. com object lesson 2 CHINA AND INDIA THE CHALLENGE AND probability OVERVIEW mainland China and India be the two nations that leave transform the global economy as we now know it. China has progressive manufacturing and India is boosting its competitive edge through revolution hubs. magical spell the United States is deciding if Chindia is a threat or an opportunity the large low wage, highly educated, and forward intellection work force is transforming these two suffering nations into global powerhouses.Yet, all is not perfect. While governments and business pour mass amounts of investments into the countries at that place are huge obstacles to continued growth. thither are social, political, and environmental challenges. Important is tutelage growth at a veritable(a) pace that will eliminate the unemployment lines. contamination and environment al challenges, political backlash, debt and currency crises, poor medical care, threats of epidemics, and war are continuing challenges. DISCUSSION QUESTIONS 1. wrangle the innovation implications for the leading actual nations concerning Chinas and Indias chop-chop escalating capabilities. 2. Examine the collaboration potential and hurdle of greater collaboration between China and India regarding innovation and other commercial ventures. 3. What are the potential market opportunities for developed nations in China and India? 4. Evaluate the evolving balance of economical power shift from the west to the east. 5. Discuss the future competitive threats of China and India for industries in developed countries.