Business partnership with the U.S.

Last Name

May 19 , 2009

The Role and Potential of China and India

In Business Partnership with US

Outline

This provides an analytical comparison and contrast of the roles of India and China with respect to the business partnership with US . The various aspects of the are discussed to reflect upon the business scenario . The causes and effects of the two countries , India and China with respect to the globalization and the prevailing macroeconomic conditions is compared . Also , the trade barriers , FDI policies and the socio-cultural factors are used

to draw the desired contrast

Being one of the biggest consumer markets of the world , the US needs to have business partnership with the leading manufacturing nations of the world like India and China . This not only provides economic growth opportunities for countries like India and China , it also helps US attain the desired goods at cost advantage . The strategic partnership supports the global business scenario and works as an anchor for expanding the opportunities for global economy , bilateral trade and economic dynamism

China has emerged as a great manufacturing hub for various types of manufactured goods as well as for computer hardware . The US based businesses find it cost effective to get the manufacturing done in China . China has been able to provide this manufacturing cost advantage by utilising economies of scale and a large availability of skilled labour . India does compete with China in manufacturing sector and has been able to garner some share of manufacturing business...