Tuesday, December 16, 2008

India needs Deng Xiaoping not Barack Obama

HUGO RESTALL writes in the WSJ “The drawbacks of the Communist Party's monopoly on power are becoming more evident, as vested interests protect their control of the economy by holding back development of the banking system and stock market. 

The coming year is expected to be critical, both economically and politically”. 

And India is no exception. 

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