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Can India attract Western capitalists – like China did?

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LettersCan India attract Western capitalists – like China did?

Readers discuss India’s development trajectory, and ways to contain the fallout of the crisis engulfing Chinese real estate giant EvergrandeIndiaLettersPublished: 2:30pm, 20 Sep, 2023Why you can trust SCMP

Feel strongly about these letters, or any other aspects of the news? Share your views by emailing us your Letter to the Editor at [email protected] or filling in this Google form. Submissions should not exceed 400 words, and must include your full name and address, plus a phone number for verification.I refer to “West ‘created’ modern China by making it factory of the world, says India’s Rahul Gandhi” ( September 9). Mr Gandhi, leader of India’s Congress Party, has my admiration for his very sharp and accurate assessment of the recent development of China.

Four or five decades ago, the West indeed had a choice to put its money into democratic India or so-called communist China. The decision then was actually not made by democrats but mainly by capitalists.

Money decided where to go – and money was looking for good conditions. Money was very obviously not looking for a multicultural, multireligious, multiethnic or even a caste-dominated environment.

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