W2C

"China's growth is a tougher event than anything we faced since World War Two" - Jeffrey E. Garten, Dean, Yale School of Management
Link
Source: World Economic Forum Weblog

"China is fast becoming a competitor with India for technological development."

"After two decades of pursuing high-tech investment, China is now home to dozens of R&D centres of multinationals – a phenomenon that has led to suggestions that China is competing with India as the technology hub of Asia. Almost all the global giants in automobile, telecommunications technology, computer, software, machinery, electronics, biotechnology, pharmaceuticals and other major industries have made such high-tech investments in China. These companies include General Electric (GE), General Motors, P&G, Unilever, Microsoft, Intel, IBM, Motorola, Siemens, Ericsson, Nortel, AT&T, Lucent Bell and Samsung."
Link
Source: fDi Magazine

China: the New Advanced Technology Research Hotbed
Link
Source: Slashdot

Eye on India
"Track the changes taking place in India today with a compelling series on the social, political and economic drivers from mega-malls to motor cars, and from Bollywood to broadband."
Link
Source: CNN

See also:
China - Wikipedia
India - Wikipedia
Country Briefings: China - Economist
Country Briefings: India - Economist
China- Google News
India - Google News
The Chinese Century
China - Moreover
China - Yahoo News
China- Topix.net
The Future of Outsourcing
Commanding Heights: Countries - PBS