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China is not I think a country which does not regulate, but there is a difference between the Chinese system and the Indian system.
Manmohan Singh
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Manmohan Singh
Age: 92
Born: 1932
Born: September 26
Banker
Civil Servant
Economist
Politician
Prime Minister Of India
Think
Indian
Thinking
Chinese
China
Difference
Differences
System
Doe
Country
Regulate
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China's influence is bound to rise.
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China is very important. The future growth of China, China's influence is bound to rise.
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If the economy is not expanding, the redistribution of income becomes a zero-sum game. And therefore, all the class struggle - and it becomes much more vicious.
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I think the Chinese do have visions of being a great power. And I think it's legitimate. And I don't see that that's a danger to us.
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In a world in which technology is changing at such a fast pace, where demand conditions change very fast, we need to look at a more innovative mechanism to cut down on this rigmarole of many tiers of decision-making processes.
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If the economy is growing fast, there is call for a distributing income from the rich to the poor to to put in place social safety nets.
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Life is never free of contradictions
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I believe that without looking at each other as rivals or as competitors, in a democratic India, operating in the framework of an open economy, an open society has, I think, some significance for developing countries, not only in Asia but outside Asia.
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The emergence of India as a major global power is an idea whose time has come. This is a legitimate ambition for China. This is a legitimate ambition for India. And the challenge for the humanity is to evolve a world system in which the legitimate ambitions of both our countries can find constructive expression without threatening anybody else.
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Unity and secularism will be the motto of the government. We can't afford divisive polity in India.
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