'
Chindia' is threatening the world's economic pecking order. The 'China-India' juggernaut will be a $16 trillion economy — on a 'nominal' basis — by 2020, predicts CLSA, a leading international securities research firm. ...
Here are some CLSA projections of what is to come: By 2020, Chindia will have one-third of the world mobile subscribers and a $100 billion mobile handset market. Its packaged food market size will be $480 billion, which is one and a half times the present US market and five and a half times the present United Kingdom market. The aggregate of bank loans in Chindia will be $9 trillion in 2020 — twice the current GDP of Japan.
—"Unstoppable 'Chindia'," Hindistan Times, October 15, 2006
Outside Sikkim, in the rest of India, the talk these days is of "
Chindia", an economic region with vast domestic markets, where China's manufacturing complements India's now highly renowned IT sector.
Chinese Premier Wen Jiabao has declared that China and India will be the "two pagodas" of economic power in the 21st century. "Cooperation is just like two pagodas — one hardware and one software," he told Chinese journalists recently.
—Amrit Dhillon, "Return of the Silk Road," Sunday Business (London), July 30, 2006
Another neologism that refers to China and India in the aggregate is
ChinIndia, although this one's much more awkward to pronounce, and hence it's probably doomed to lexical oblivion:
All around us, costs are going up: municipal taxes by 4.4 per cent; house prices are forecast to rise by a record 25 per cent this year; construction materials and labour costs are at all-time highs as the booming Alberta market competes with "ChinIndia" for primacy of supply, and some are now talking about new AAA grade downtown construction costs coming in at $700 a square foot.
—Mike Robinson, "It is a boom, but let's be cautious," The Calgary Herlad, May 22, 2006
