Friday, February 16, 2007

Chinese beat us at our game!

Although I am not a big fan of TOI, I sometimes am impressed by silent dynamites that I come across. 

TOI reports on British Chinese kids doing better than British Indian kids at school and even beyond. Read the story here.

Well, I guess we, Indians, will surely begin to face a new phase of competition in labor markets.  The only advantage we have is that, we also have a good number of Indians who decide to stay back in the home country - and are indeed well versed in the english language.  The threat really comes to the doorstep, when the Chinese begin to develop considerable mastery of the English language even in China.

As of now, let's leave the race to immigrants in US, UK and elsewhere!  Beware the dragon , it knows a new trick now!

Wednesday, February 14, 2007

The Future of the Auto Industry as I see it

I read this story and concluded that the following scenario will most likely play out in the next 5 years.

The Daimler Group sells Chrysler to GM. Ford goes bankrupt and gets absorbed either by Toyota or Nissan. Honda goes for it alone. If Nissan does not merge with Ford - it will merge with Mazda and probably Renault in Europe.

I believe that to survive when attacked by a bear - you don't have to outrun the bear, you have to outrun your fellow camper.

Go GM!!