Amid all the talk of closer business ties between Asias two great emerging economies, Mondays inaugural meeting of the India-China chief executives forum in New Delhi could scarcely have asked for two more appropriate chairmen.目前各方對于在亞洲兩大新興經(jīng)濟體之間打造更緊密的商業(yè)聯(lián)系談?wù)擃H多，在此背景下，本周一在新德里召開的中印企業(yè)首席執(zhí)行官論壇首次會議，確實很難找到比安尼爾安巴尼和胡懷邦兩人更合適的共同主席。Billionaire Anil Ambani of Indias Reliance group and Hu Huaibang of China Development Bank presided over an event designed to coincide with Chinese premier Li Keqiangs debut visit to India this week, and both talked up the odds that their countries could meet a $100bn trade target by 2024.印度信實集團(Reliance)的億萬富翁安尼爾安巴尼(Anil Ambani)和中國國家開發(fā)銀行(CDB)董事長胡懷邦共同主持了這次會議。這次會議在時機上配合了中國總理李克強本周對印度的首次訪問。兩人都談到，兩國有望實現(xiàn)到2024年雙邊貿(mào)易額增至1000億美元的目標(biāo)。It was an act the two men had practised before, however, not least as Mr Ambanis conglomerate has moved to raise more than $5bn in loans from China over the past few years, much of it co-ordinated by Mr Hus bank, as part of a pattern of cash-strapped Indian companies seeking cheap Chinese financing.然而，這兩人并非初次搭檔，尤其是因為阿姆巴尼旗下的企業(yè)集團過去幾年從中國爭取到逾50億美元貸款，其中許多是由胡懷邦的銀行協(xié)調(diào)的。這是資金緊張的印度企業(yè)尋求廉價中國資金這一模式的一個例子。Another such deal was inked during Mr Lis trip, as the Essar Group unveiled a three-way oil-for-loans pact with CDB and oil group PetroChina, in which the Indian company will look to raise $1bn in exchange for supplying China with products from its oil refining business.李克強訪印期間達成了又一筆這樣的交易。印度Essar集團宣布了一份與中國國開行和中石油(PetroChina)達成的“石油換貸款”三方協(xié)議，根據(jù)協(xié)議，這家印度公司將通過向中國供應(yīng)其煉油部門的產(chǎn)品，籌得10億美元的融資。Yet while these agreements are proving a boon for overstretched Indian industrial houses and expanding Chinese state-backed banks alike, in other ways the story of the corporate links spanning these two Asian economies is rather less happy.然而，盡管這些協(xié)議為印度亟需資金的工業(yè)企業(yè)和中國擴張中的國有控股銀行都是一件好事，但在其他方面，這兩個亞洲經(jīng)濟體之間企業(yè)紐帶的故事并不都那么皆大歡喜。Trade between India and China fell to $68bn in the year to March, a decline of 11 per cent caused mostly by a fall in Indian exports. This was led by sectors such as iron ore, where domestic regulatory snarl-ups have stopped shipments to China entirely.在截止今年3月份的這一年里，中印貿(mào)易額下跌至680億美元，跌幅為11%。這一下跌主要是由于印度出口的下降造成的，其中鐵礦石等行業(yè)的出口下滑最為嚴(yán)重，原因是印度國內(nèi)在監(jiān)管上的阻塞，已叫停所有對華發(fā)貨。Even without such problems many Indian exporters have struggled to gain much of a foothold in Chinas expanding market, including large IT outsourcers such as Tata Consultancy Services, whose offices in Mumbai Mr Li visited yesterday.即便沒有這類問題，印度許多出口企業(yè)也很難在中國日益擴張的市場爭得一席之地，這其中包括塔塔咨詢服務(wù)公司(Tata Consultancy Services)這類大型信息技術(shù)外包公司。近日李克強曾訪問塔塔位于孟買的辦公室。Indian companies and consumers, by contrast, have proved only too receptive to Chinese products, sucking in an ever-rising tide of imports, from giant industrial boilers and power plant turbines to the many colourful plastic Hindu deities sold on stalls in the countrys heaving street markets.與此相反，印度企業(yè)和消費者對中國產(chǎn)品十分歡迎，引發(fā)了不斷上漲的進口熱潮。印度從中國進口的產(chǎn)品既有巨型工業(yè)鍋爐和電廠發(fā)電機組，也有印度繁忙街市的小攤上出售的色彩鮮艷的塑料印度神像。“India has been much more receptive to Chinas money and goods than it has been to Chinese firms setting up shop,” says Eswar Prasad, an economist at the Brookings Institution. “It seems there is still a little layer of suspicion about some of these companies.”美國布魯金斯學(xué)會(Brookings Institution)經(jīng)濟學(xué)家埃斯瓦普拉薩德(Eswar Prasad)表示：“相比起前來印度開展經(jīng)營的中國企業(yè)，中國的資金和商品在印度更受歡迎。印度對某些中國企業(yè)似乎還有點懷疑。”Such suspicions relate mostly to Chinese telecoms equipment makers, notably Huawei and ZTE, both with sizeable operations in the country, but whose business activities are often the object of national security worries from nervy Indian politicians.這種懷疑主要涉及中國電信設(shè)備制造商，特別是華為(Huawei)和中興(ZTE)。這兩家企業(yè)在印度都擁有規(guī)模較大的業(yè)務(wù)，然而他們的商業(yè)活動經(jīng)常成為緊張的印度政界人士在國家安全方面的擔(dān)憂對象。Elsewhere, many of Chinas most prominent players in sectors such as construction and infrastructure equipment are only now beginning to consider establishing domestic plants to serve Indias market, instead of relying on exports alone.而在建筑和工程機械等其他行業(yè)，中國許多最知名的公司如今剛剛開始考慮通過在印度國內(nèi)開辦工廠（而不是僅僅依靠向印度出口）來服務(wù)印度市場。“When we go to China now we find all of the top players have an India investment strategy, which is a big change. Its just that not many want to begin making things here yet,” says Kamal Rungta, managing director at EJ McKay, a consultancy that advises Chinese companies considering entry into Indias market.咨詢機構(gòu)馬凱公司(E.J. McKay)向考慮進入印度市場的中國企業(yè)提供建議，該公司董事總經(jīng)理卡邁勒羅塔(Kamal Rungta)表示：“如今我們?nèi)ブ袊臅r候發(fā)現(xiàn)，所有頂尖公司都擁有在印度投資的戰(zhàn)略，這是一個巨大的變化。只是現(xiàn)在想在這里從事生產(chǎn)的公司還不多。”But a trickle of players are moving in, including Sany Heavy Machinery, one of Chinas largest construction equipment makers, which began operations in the western city of Pune last year. TBEA, a power equipment manufacturer, is also setting up a plant in the business-friendly state of Gujarat.不過，少數(shù)中國企業(yè)正移師印度，包括中國最大的工程機械制造商之一三一重工(Sany Heavy Machinery)，該公司去年在印度西部城市普納投入運營。另外，電力設(shè)備制造商特變電工(TBEA)也在營商環(huán)境較好的古吉拉特邦設(shè)立工廠。Yet even companies set on establishing facilities face numerous obstacles, as with Feida, a Chinese group making complex air quality control equipment for use in power plants and factories. The business earned around $100m in exports to India last year, managing director Andy Wang explains, but is still only examining options for domestic production.然而，即使是有意在印度建廠的中國企業(yè)，也會面臨許多障礙。菲達集團(Feida)的遭遇就是一例，這是中國一家為發(fā)電廠和工廠制造復(fù)雜的空氣質(zhì)量控制設(shè)備的集團。集團副總經(jīng)理王劍波表示，去年該集團從對印出口賺取了約1億美元的利潤，但仍然只是在研究在印度國內(nèi)生產(chǎn)的各項選擇。“It is difficult and, especially if you are searching for land or going through policy procedures, it can be troublesome,” he says. “India is doing better, and we want to grow here, but in China it is simpler. Land is easy, industrial parks are available. All you need is to select the place and go.”他表示：“這樣做很困難，特別是需要選址，還要走政策程序，這些都很麻煩。印度的情況正在改善，我們也希望在這里擴大業(yè)務(wù)，但是在中國這要簡單些。選址很容易，工業(yè)園區(qū)是現(xiàn)成的。你只需要選好地方開工就行。”Such concerns might feel oddly familiar to the many western companies that have struggled with Indias slow-moving, fickle bureaucracy. In manufacturing, Chinese companies that otherwise might be attracted into a country that plans to spend $1tn on infrastructure over the next five years also face the same mix of onerous labour regulations and weak infrastructure that has hobbled Indias own growth in this area.曾與印度運轉(zhuǎn)緩慢、反復(fù)無常的官僚體制艱難打過交道的西方企業(yè)，對這種擔(dān)憂可能有怪異的同感。在制造業(yè)，那些可能被今后5年計劃在基礎(chǔ)設(shè)施上投入1萬億美元的印度吸引的中國企業(yè)，也得面臨阻礙了印度本土制造業(yè)增長的繁瑣勞動法規(guī)和薄弱基礎(chǔ)設(shè)施的掣肘。“As India gets more into domestic manufacturing, perhaps China will set up more facilities here to win over some portion of this activity,” says Chetan Ahya, Asia-Pacific managing director at Morgan Stanley.摩根士丹利(Morgan Stanley)亞太區(qū)董事總經(jīng)理舍唐阿赫亞(Chetan Ahya)表示：“隨著印度加大在國內(nèi)制造業(yè)上的投入，也許中國將在印度設(shè)立更多工廠，在這方面分得一杯羹。”“But for India to improve, it just needs to become more competitive in manufacturing. And China isnt stopping India from doing that.”“但是，印度要想有所改進，就必須提升制造業(yè)的競爭力。中國并沒有阻止印度這么做。”