05-12-2008, 01:21 AM
http://www.businessweek.com/globalbiz/blog...ce_panic_i.html
Tom Simth
August 8, 2006 03:11 AM
Come on guys! We may naively wish that the dmocratic India can outdo China economically. The cold fact is that India will never catch China because China's national average IQ is more than a SD higher than Indian's national average IQ. China's national average IQ is 105 whilst India's national average IQ is at 81. Check @google for "IQ and Wealth of Nation" for stats on that. It is just a pipe dream for us to wish India can counter balance the rise of China.
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David Scott Lewis
January 13, 2007 09:37 AM
Realistically, India can't compete against China in high value-added services, e.g., R&D and engineering services outsourcing.
In ITO, the gap between India and China is widening. I speak with first-hand experience: I was the VP, Bizdev for two of the largest U.S.-focused, China-based ITO firms. In BPO, for English-speaking countries and customers, China doesn't have a prayer: English speakers can, almost easily, get much better jobs than working in a call center or processing checks.
But in R&D and engineering services outsourcing -- the highest level of the outsourcing value chain -- China will kick India's butt. There's no comparison. All the best Indians are in the States. Good for the States!! What's left behind in India simply can't compare to what China has.
Frankly, I'm not too impressed by sea turtles, i.e., Chinese nationals that have returned back to China. Most have held low-level positions in the States. Check their CVs; trust me, you won't be impressed. Mid-level management at best (and this is rare). This is one reason the top management ranks of so many China-based firms is held by Taiwanese and Hong Kongnese: The mainland doesn't have experienced talent.
But this doesn't necessarily matter for basic research and in areas like experimental activities. Besides, it's questionable how close to actual product development U.S. firms may be comfortable in outsourcing -- to either China OR India.
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From China, with love
August 22, 2007 11:29 PM
mbabu73, I agree with you that it's a waste of time to argue who's superior. Both india and china are poor poor developing countries.
But I have to disagree with this India is behind China by 15 years statement. It's quite complicated. China is ahead not only because she opens up her economy 15 years earlier. There are a lot of other reasons. 15 years ago, China's literacy rate is a lot higher than 60% which is the current literacy rate in India.
Tom Simth
August 8, 2006 03:11 AM
Come on guys! We may naively wish that the dmocratic India can outdo China economically. The cold fact is that India will never catch China because China's national average IQ is more than a SD higher than Indian's national average IQ. China's national average IQ is 105 whilst India's national average IQ is at 81. Check @google for "IQ and Wealth of Nation" for stats on that. It is just a pipe dream for us to wish India can counter balance the rise of China.
------
David Scott Lewis
January 13, 2007 09:37 AM
Realistically, India can't compete against China in high value-added services, e.g., R&D and engineering services outsourcing.
In ITO, the gap between India and China is widening. I speak with first-hand experience: I was the VP, Bizdev for two of the largest U.S.-focused, China-based ITO firms. In BPO, for English-speaking countries and customers, China doesn't have a prayer: English speakers can, almost easily, get much better jobs than working in a call center or processing checks.
But in R&D and engineering services outsourcing -- the highest level of the outsourcing value chain -- China will kick India's butt. There's no comparison. All the best Indians are in the States. Good for the States!! What's left behind in India simply can't compare to what China has.
Frankly, I'm not too impressed by sea turtles, i.e., Chinese nationals that have returned back to China. Most have held low-level positions in the States. Check their CVs; trust me, you won't be impressed. Mid-level management at best (and this is rare). This is one reason the top management ranks of so many China-based firms is held by Taiwanese and Hong Kongnese: The mainland doesn't have experienced talent.
But this doesn't necessarily matter for basic research and in areas like experimental activities. Besides, it's questionable how close to actual product development U.S. firms may be comfortable in outsourcing -- to either China OR India.
---
From China, with love
August 22, 2007 11:29 PM
mbabu73, I agree with you that it's a waste of time to argue who's superior. Both india and china are poor poor developing countries.
But I have to disagree with this India is behind China by 15 years statement. It's quite complicated. China is ahead not only because she opens up her economy 15 years earlier. There are a lot of other reasons. 15 years ago, China's literacy rate is a lot higher than 60% which is the current literacy rate in India.