What would take India to perform like China ?
Forbes India : "Some specific global lessons or examples that India can adopt from other countries such as China?"
Jim Rogers :"Open your borders to foreign capital and brains. For example, foreigners cannot enter retailing in India, but Wal-Mart etc. are all over China. Your politicians close down free commodity markets every time prices rise as if the markets were making the prices rise!
Farmers can own only very, very small farms so India cannot compete on the world stage, yet India should be one of the great agriculture nations of the world. "
Forbes India : "What will it take to get you to invest in India? "
Jim Rogers : "Some sense of 21st Century reality. Open the economy such as retailing, energy, agriculture, etc. Make the currency fully convertible. "
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