My firm's research suggests that business and consumer confidence there is high, that there is not too much leverage in China's marketplace (leverage, not high prices, is what causes dangerous real estate and stock bubbles) and that the government is investing smartly in infrastructure projects like rail lines, subways and clean technology initiatives that improveeconomicefficiency and lower the costs of doing business.
So using a machine rather than an in-person care giver to gather patient input is not just a matter of economicefficiency it may actually improve quality.
Legitimate entities and enterprises in Eastern Europe that contribute to the genuine transformation of their respective economic and political systems could get access to technology that would greatly improve the quality and efficiency of their manufacturing processes without jeopardizing Western security interests.
The response from Mr Singh should be a push to explain to Congress and the country how reforms to land ownership or government efficiency or the retail sector would help to improve the mood and hence India's economic fortunes.