Bureaucratic tardiness aside, China has FAR more financial resources then India, #1 for having been the early bird on economic reforms and #2 because of political and economic patronage and support for the US. That doesn’t mean India hasn’t doesn’t any improvement in infrastructure.
India infrastructure development has actually seen some phenomenal growth. It only pales when compared to China. A good way to measure India’s infrastructure growth is to compare it to Pakistan, both countries started at same point. While China has the ability to throw enormous amounts of money at a problem. India never had that luxury, India is more judicious, resourceful and creative in solving basic infrastructure problems. While growth in China is entirely government driven activity, India is far more entrepreneurial.
It is true that many part of India still lack basic hygiene, water supply, electricity. etc, how ever there are also parts of India that have faster broadband then even the US. While the condition of the roads are still bad, the growth in civil aviation is likely to the among the biggest in the world.
As for your (a) (b) and (c), every single country in the world has tried to extract and benefit from the scientific and technological knowledge and experience gained by other countries....on way or another. Even the US has done that at the beginning of last century. Steam engines and rocket technology weren’t invented in the US. You are simply trying to broaden the definition of “protectionism”.
What you forget about GM is that, its a non-state entity. If it is making profits, what does it care about where it is located geographically, whether US, China or India? Anyways most of GM’s profits comes from Asia, it might as well become a Chinese company. And competition will always be there from somewhere. A lot of American companies will eventually either end up becoming practically Chinese companies or will be bought out by Chinese companies. It would actually be much easier for the Chinese to buy off an entire US company lock stock and barrel then to slowly nibble away at bits and pieces of US technology.
As for the long “term negatives of China”, I haven’t quite see anything of that sort yet. Although India might want to avoid the long term negatives of US and Europe, we ARE seeing that right now. Yes India does need good infrastructure. And some tactful measure by the government such as the one mention in the article above might not be such a bad idea. One just needs to study its effects more closely and weight the pros and cons.
“As for your (a) (b) and (c), every single country in the world has tried to extract and benefit from the scientific and technological knowledge and experience gained by other countries....on way or another. Even the US has done that at the beginning of last century. Steam engines and rocket technology weren’t invented in the US.”
There are cummunist-planned-economy and Asian-mercantilist-economy models behind, and at work with (a), (b) and (c) in China that were not part of how and why foreign technology spread and technology transfers occurred in the early U.S. industrial build-up. Most U.S. “protectionism” depended on the tarriff but foreign investment here was not otherwise discouraged nor directed by government nor managed by politically directed government run enterprises, industrial or financial.
“What you forget about GM is that, its a non-state entity. If it is making profits, what does it care about where it is located geographically, whether US, China or India?”
What you forget is the GM subsidary in China is not a totally “private” free enterprise entity. It was required to bring certain politically connected (party members) onto the board of the subsidary and it was required to establish a partnership between that subsidary and a wholly state-owned fledgling vehicle manufacturer and it was required to provide certain technolgy transfers to that state-owned company, including technology involved in production. That partner is still smaller than but growing faster than GM in China and it will one day leave the partnership with GM and eat GM alive in China. That is not by any free-enterprise-capitalist natural process; it is by state design.
That is the “long term negative” for western firms doing business today in China - they are being suckered.