A Quote by Zygmunt Bauman
Everybody is in trouble, including the up-and-coming economic miracles of China, Brazil or India.
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The BRIC countries - Brazil, India, China, Turkey, South Africa, Indonesia even, and Russia - are now new actors. Over the last eight years, China multiplied by seven its economic presence and penetration in the Middle East. And if this happens on economic terms and there is a shift towards the East, the relationship between these countries and Israel is completely different from the United States. And it means that the challenges are going to be different, because China is not supporting Israel the way the U.S. are supporting Israel.
The innovation industries are rapidly going global. In five years, more than 50% of venture capital returns will come from markets outside the United States, including China, India, Brazil, and Australia, and AlwaysOn events are on top of these trends.
Mexico is the second most important destination of U.S. exports. What does this mean? The U.S. sells to our country almost the same as it sells to all the European Union, five times what it sells Brazil. More than what it sells together to Brazil, Russia, China, and India.
In the new century, we should continue to work together to safeguard the legitimate rights and interests of the vast number of developing countries including China and India and promote the establishment of a just and equitable new international political and economic order.
At Sequoia, we have opened offices in China and India, and we have made a handful of investments in Latin America/Brazil.
China invaded India, and there was a war between India and China in some of the disputed terrain in 1962, and India got hurt by that.
China is a BRIC country. BRIC country means Brazil, Russia, India and China. This emerging economy really is helping the revival of the world economy.
There are still some places I'd love to visit - Africa, China, Brazil, India. I want to travel the world and experience other cultures and peoples.
Of other countries, to impose economic sanctions, it'd really begin to dry up the enormous amount of money coming into North Korea, a lot of it from China - from Chinese banks - whereas, if we sanction the Chinese banks, there could be friction with China. But this is something we're going to have to face.
China is the big economic engine in Asia, so what happens is, as China growth expands, these countries in the periphery of China, whether it be Indonesia, Malaysia, Singapore, the Philippines, they end up growing with China because they become big exporters.
I find this in all these places I've been travelling - from India to China, to Japan and Europe and to Brazil - there is a frustration with the terms of public discourse, with a kind of absence of discussion of questions of justice and ethics and of values.
Forty percent of my portfolio is in the U.S. In the rest of the world, most of the places I invest in or invested in are Brazil, Russia, Germany with a little bit of Turkey, China, India, France and Israel sprinkled in there.
Women become aunties as soon as they are married while men become sir. And this happens not just in India but everywhere in the world, including Brazil.
Just as China achieved much more than India in the realm of public health and education under an austere Communist regime, so its economic growth under a capitalist-friendly government strikes a visitor from India as nothing less than spectacular.
In terms of building consumer products, the U.S. and China are ahead of India. The interesting opportunity for India is whenever there is a disruption in technology, it gives every country a chance to leapfrog and take a lead. To take an example, China is leaping ahead in growing the China electric vehicle ecosystem.
India does not need to become anything else. India must become only India. This is a country that once upon a time was called 'the golden bird'. We have fallen from where we were before. But now we have the chance to rise again. If you see the details of the last five or ten centuries, you will see that India and China have grown at similar paces. Their contributions to global GDP have risen in parallel, and fallen in parallel. Today's era once again belongs to Asia. India and China are both growing rapidly, together. That is why India needs to remain India.
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