New and Novel Business Paradigms in and From China and India (Chindia) (eBook, PDF)
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It is with no doubt that globalization has been increasing over the past 50 years (Teagarden and Schotter, 2013; Paul and S anchez-Morcilio, 2019), which is defined as a greater interdependence between economies of the world, the removal of trade and foreign direct investment (FDI) restrictions and barriers (Paul, 2015), coupled with improved information communication technologies and transportation. One benefit of greater globalization has been the rise of developing countries such as China and India.
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