I think there are enormous possibilities. And today there are no I think barriers to increased cooperation with India and the United States.

I think the Chinese do have visions of being a great power. And I think it's legitimate. And I don't see that that's a danger to us.

Let me say that I think the economic history of the last 150 years clearly shows that if you want to industrialize a country in a short period, let us say 20 years, and you don't have a well-developed private sector, entrepreneurial class, then central planning is important.

If certain facilities, local facilities have to be arranged, the local authorities have to come. And that makes the Indian system slow moving, Indian administrative system slow moving.

The Chinese economy is growing at the rate of 9 percent; the Indian economy growing at the rate of 8 percent - enormous I think opportunities for two-way flow of trade, technology and investment.

Jawaharlal Nehru wanted India to develop close ties with China and learn from its experience.

India is a functioning democracy despite its extreme poverty, India has stayed the course.