Mainland China may "not have stock markets like those in India", but Hong Kong, a major fiancial capital, has one of the biggest stock market in the world, and Hong Kong IS still part of China. If and when Taiwan rejoins China, then China's economy and her stock markets will be the largest in the world, by far, maybe larger than the US and Indian economies combined. And I do disagree: India could do with FDI in infrastructure financing, if not ownership. What's urgently needed is rural development, which would require a complete overhaul of the agriculture and labour policies, in order to create the massive employment necessary to lift the rural populations out of their perennial poverty.
