Friday, March 05, 2004

Chinese back India shining claim

siliconindia: "The controversial 'India Shining Campaign' of the Indian Government found a supporter from an unexpected ally - a state Chinese business weekly.

'India now basks in the most 'shining era' in the 56 years since it became independent from Britain,' the state-run 'China Business Weekly' said in its latest issue which focused on India's recent rise as an emerging economic power.

The Indian economy never had it so good in recent history, benefiting from a good monsoon, gross domestic product (GDP) growth projections at eight per cent, foreign exchange reserves at $ 100 billion plus."

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