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How is the economic emergence of China affecting countries like India?

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How is the economic emergence of China affecting countries like India?

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A. The economic emergence of PRC can be to Indias advantage. Recent studies show there are positive growth effects for India arising from trading with fast growing partners such as PRC. On the import front, it is unlikely that Chinese imports will adversely affect domestic industry. With competition from cheaper Chinese goods, Indian industries will be induced into becoming more competitive. Further, there exist significant complementarities between Chinese and Indian merchandise. For instance, Chinas comparative advantage in hardware can be complementary to Indias comparative advantage in software. Similarly, significant bilateral trade potential exists in agricultural biotechnology products. There is also significant potential for Chinese investments in India and vice versa. Q. There is a huge gap in infrastructure financing in the region. In India is ADB planning to play a greater role in this sector? A. ADBs active portfolio has focused heavily on infrastructure, with transport, ur

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