culture-nov-dec2010

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INFOCUS | CHINA | CONFERENCE

Cooperation or Competition Guess what separates India and China is modesty, a willingness to learn and a quest for efficiency. Amir Ullah Khan

T

he city of Nantong is like Hyderabad with a population of 70 lakhs, a growth rate of more than 15% for the past 15 years and a history that goes back hundreds of years. However the similarity ends there. The Yangtze River that flows through Nantong is remarkably clean and has a waterfront that is dotted with restaurants, shops and wharfs. Reminds one of the several times the municipal corporation in Hyderabad has drawn up vain plans of making the Musi a respectable river. The discussion at the Fifth China India Trade and Investment Conference organised by the India China Economic and Cultural Council (ICEC) in cooperation with the Nantong government and our own Ministry of Small and Medium Scale Enterprises centered around the potential for trade between the two countries. The delegation that went to China comprised of over 60 industrialists, with 18 of them coming from Hyderabad. The Chinese speakers were unanimous in their belief in India’s software success and in their own innovation led manufacturing story. All of us talked of the need for cooperation between the two countries and gamefully underplayed the competition between two of the world’s largest economic powers today. What was obvious was that China indeed is far ahead in terms of infrastructure provision and in the availability of cheap finance. In fact what most of our industrialists exclaimed at was that their Chinese counterparts never had to face power shut downs. While the bane of our factories is the uncertainty in electricity supply and its poor quality, the Chinese did not even know that such a problem could exist. Their capital requirements too are met by banks that give access to easily available loans and low rates of interest. Our in-

dustry battles really high interest rates and banking regulation that makes borrowing cumbersome and tedious. On the other hand the Chinese industries problems are far more sophisticated. The export dependence makes even small players vulnerable to the vicissitudes of the US economy, the European crisis and the fluctuations in the exchange rate of the yen. Their competition comes from SMEs in Japan and in Taiwan. Their problems have more to do with tariffs and non tariff barriers in the West than with labour problems back home. Unlike the Indian small industrialist who battles internally against a bureaucracy that is caught in archaic regulation, the Chinese businessman fights external barriers.

China indeed is far ahead in terms of infrastructure provision and in the availability of cheap finance. Shanghai is two hours away from Nantong and is hosting the World expo that opened in May 2010. Any visitor is left gaping. There are more than 230 pavilions and the entire world is showcasing its industry in China. The India pavilion has seen more than four million visitors coming by in the first four months. The expo itself has recorded attendances of more than 80 million already and by the time the six month long expo ends the number of visitors would have crossed the 100 million mark. The site itself is bigger than some countries like Monaco and visitors ferry across the Huangpo River to see both parts of the exhibition. Beyond this mighty exposition of progress however is extreme modesty. The Chinese speakers at the expo keep praising the Indian economy for its

resilience. They never stop talking of India’s software prowess and accomplishments in the IT enabled sector. Almost apologetically, they keep on the constant refrain that theirs is an increasingly open economy. It is so transparent that they are mindful of past mistakes when the Chinese economy was completely shut out from the rest of the world and suffered as a result. There is no mention of the past ever. It is as if there is no history. In a land that boasts of 3000 years of history, this aspect is eerie. In Nantong and Shanghai, all that you see are sparkling new buildings and roads. Even the museums are fairly new and appear considerably sanitised. For those of us who grew up hearing our own politicians extol the virtues of one Mao Zedong, it is indeed strange how you never hear Mao mentioned anywhere in China. The only place I came across his portrait was in the currency notes and one forgotten portrait tucked away in the corner of an old shop. Though reluctantly I guess, we have treated our political icons slightly better, or maybe I am being unnecessarily patriotic here. Back in the hotel room, while flipping channels I came across Amitabh Bachchan and Kulbushan Kharbanda exchange sharp dialogues in Chinese while Parveen Babi and Bindiya Goswami lurked in the background. Almost every day one particular channel showed mainstream Bollywood dubbed in Chinese, bringing home our own lack of exposure. The only Chinese movie I could remember was watching was Bruce Lee’s Enter the Dragon. Some of us did read about the Oscar winning Crouching Tiger Hidden Dragon but I don’t know of any channel that showed this movie made in 2000 using either a dubbed version or even with subtitles. Guess that is what separates us: Modesty, a willingness to learn and a quest for efficiency. 

November-December 2010  India-China Chronicle |49|


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