I didn't read the report but I think your review is interesting. After going to school with a few of them I can say there are a lot of smart people in the chinese government (as opposed to the US where the private sector poaches the best and brightest). I do hope they invest in their own country, because the massive amount of layoffs going off in China make our problems seem lilliputian. They have intentionally relied on exports to drive growth while depressing wages to maintain their lead in exports. This has created the problem where the majority of the population can't afford to buy the very things they produce.
Eventually, the government is going to have to let the RMB float so it can truly compete in the global market.

As for India, I've never understood how a country with such massive potential can continuously fail at such a basic thing as infrastructure improvement. Even in a place as Hyderabad, businesses have had to create their own energy production because they can't rely on the local power company to supply something as fundamental as electricity.

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