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We choose India to be an observational country because India’s links with Hong Kong, dating back to the 1840s, have led to the territory having one of the larger Indian communities abroad, with current estimated numbers being about 35,000, of whom nearly 23,000 hold Indian passports. Due to their long presence, the Indians have been able to integrate themselves into the mainstream of Hong Kong life, as can be seen by the number of second- and third-generation persons of Indian origin who speak fluent Cantonese and feel quite at home in Hong Kong.

On the other hand, India as the same as China, the world's largest democracy, with the second largest population that reached 1.02 billion in 2001, is also one of the largest developing countries in the world to have gone in for a major revamp of its economic structures over the past decade.

The India Government's policies are relatively simple, transparent and geared towards promoting domestic and foreign private investment.......

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Approximate Word Count: 2577
Approximate Pages: 11 (250 words per double-spaced page)

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