China beats India again, this time in corruption

satish007

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Anyone who know about the power structure (I mean in practice) of Indian local goverment and how to operate business in India can provide some detail information?
India bhai, How to pay money under the table more efficiently , share Chinese bhai please? if CHinese able to speak Hindi, will it make things easier or Indian don't like money very much, but pretty lady will do the job?
Amitabha , what the hell India and China are, can't we do business using better quality product or better serivce or ok quality and very reasonable price?
 
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RedDragon

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India bhai, How to pay money under the table more efficiently , share Chinese bhai please? if CHinese able to speak Hindi, will it make things easier or Indian don't like money very much, but pretty lady will do the job?
Amitabha , what the hell India and China are, can't we do business using better quality product or better serivce or ok quality and very reasonable price?
"Amitabha , what the hell India and China are, can't we do business using better quality product or better serivce or ok quality and very reasonable price? "

I also want to know.
 

skumar7777

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India bhai, How to pay money under the table more efficiently , share Chinese bhai please? if CHinese able to speak Hindi, will it make things easier or Indian don't like money very much, but pretty lady will do the job?
Amitabha , what the hell India and China are, can't we do business using better quality product or better serivce or ok quality and very reasonable price?
"Amitabha , what the hell India and China are, can't we do business using better quality product or better serivce or ok quality and very reasonable price? "

I also want to know.
@satish007 bhai, @RedDragon bhai/behen, I also want to know.
 

no smoking

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Amitabha , what the hell India and China are, can't we do business using better quality product or better serivce or ok quality and very reasonable price?
Yes, we can do the business in that way, but only in very few cases. The facts are
1. most of time, india and china are only producing anything little better than crap or providing basic services;
2. both countries are still in the process of building a mordern economic system, rules and regulations have not been created yet
3. China is still struggling to build a law system; india has a one which is imposed by british, it is quit doubtful how it suits india society.
 

skumar7777

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"Amitabha , what the hell India and China are, can't we do business using better quality product or better serivce or ok quality and very reasonable price? "

I also want to know.
Yes, we can do the business in that way, but only in very few cases. The facts are
1. most of time, india and china are only producing anything little better than crap or providing basic services;
India and China are mostly competing in the manufacturing space - India is in a much weaker position than China. China has built enormous capacities assuming a certain growth but they will not always pan out. Indian investment is more efficient and hence much smaller. China has a lead in electronics hardware, FMCG and now capital goods but India can easily catch up but our policy making at the top is not smart enough.

2. both countries are still in the process of building a mordern economic system, rules and regulations have not been created yet
Indian financial markets are more mature than China excluding Hong Kong. We will struggle with the policy issues since the world is going through difficult times. Look at Obama's hypocrisy - this kind of thing will be increasingly questioned.

3. China is still struggling to build a law system; india has a one which is imposed by british, it is quit doubtful how it suits india society.
Not sure about China but the legal system has served India well so far with minor changes to the British legacy. The irritants are more at the implementation level.
 

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