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Economics & Trade This Week in China

Booming Chennai: India's Shenzhen

A recent post from 2point6billion.com with comparing free trade zones in China and India — read on:

The free trade zones that China so cleverly used to kick start the entire reconstruction of the country have now arrived in India.

With low tax rates and high investment into their local infrastructure, they remain a proven way in which a large country can suddenly offer world class facilities – for the world’s multinationals – without breaking the bank in doing so, and without disenfranchising much of the rural population.

Read the rest of the article at Shanghai Daily

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