-A Kansas side view-
The dragon economy is no longer dragging. In fact, it is making the rest of the world’s economy drag behind. As an Asian, I am certainly happy that there is no longer a need for the non-western world to be in the clutches of the west’s financial directives. But am I happy as an Indian?
The influence of the Chinese economy over its neighboring countries has been phenomenal. It is hard to believe that a country that is no. 1 in world population and has more than 40% of its population living in poverty, has managed to invest in international businesses and markets, so much so that there are some neighboring countries whose economy depend on China’s. By 2020, India would have taken over China as no. 1 in population. In terms of economy, the forecasters say that China and India together will dictate more than 50% of world’s economy by 2020. The United States of America will no longer be the most powerful economy in another 15 years. China will be. India is not far behind. But it is far behind when compared to China where a reformed communist regime is able to revolutionize the country’s global socioeconomic position. That is exactly why I am not happy as an Indian.
So why did I start writing about going global while I am sitting on a plane when I should really be thinking about how hot it is going to be in Phoenix? The last few days, I have been listening to a few different segments in the radio on Chinese economy and news coverage in America. There was an interesting discussion on how the US media is heavily localized. I have been a major critic of the American news media right from the day I got exposed to it. Whenever I get an opportunity to get caught up on news through BBC, for example, it is such a refreshing feeling. Even if I have to spend 30 minutes listening to BBC or browsing through their website, in those 30 minutes, in my opinion, you will get so much information on a wide range of issues & things from around the globe, which you cannot even dream of getting from any US news outlet, however long you decide to put up with it. This particular radio segment that I was listening to only reinforced my belief and the CEO of BBC world was very open in admitting that the US media caters to what the public wants. But I think the media needs to own some responsibility in directing the public in the right direction. The rest of the world is already gearing up to catering local perspectives of the world news to their audience. The American dominance will slowly end in those parts of the world where the American media had managed to infiltrate, especially in North and South Americas.
After all, it is time for the American media to do something sensible. Notwithstanding the conservative forces that have held the US media this long quite admirably without giving that seemingly biased feel to the commoner (who on the other hand as always thought that the liberals rule the US media), there still may be room for the aligned news forces to take a neutral stand on world affairs (not the Rightist view of foreign affairs) & develop and cater more issue focused news segments to the US viewers. Not just poverty and sufferings that the rest of the world is going through but more positive things.
Where does that leave me then as far as what I really wanted to write? Well, for now I am flying over Kansas – a conservative Midwest state. I am almost positive that the small town I am flying over now would have hardly heard of the part of the world where I come from and more certainly, it would have hardly heard of anything positive about that part of the globe. May be in another 20 years, even this town will go global.