India and China signed IT deal

Both countries had their trouble with each other, but over the last couple of months and years, their relation has warmed up.

Which is good since both represent two economic powerhouses that will shape the world economy in the years to come.

Now, both have also signed a landmark agreement for collaboration in information technology.

In addition, the countries pledged to cooperate in future growth industries - space and pharmaceutical research, disaster management, renewable energy and biotechnology.

Any other country leader reading this should get very, very worried if they don't have plans in place to upgrade their economy a bit more.

(by Asia Business Consulting)