Deepak Sardana is Lecturer at Griffith Business School, Griffith University and Adjunct Senior Research Fellow at the University of South Australia Business School. He previously worked in the Business School at the University of New South Wales, Australia.Ying Zhu is Professor and Director of the Australian Centre for Asian Business at the University of South Australia. He has been a business leader and academic leader in China and Australia for over 30 years. Ying’s most recent publication is Managing Chinese Outward Foreign Direct Investment: From Entry Strategy to Sustainable Development in Australia (2016).

• 1. Introduction.- 2. Background: Reforms in China and India.- 3. Historical links, Political Governance and Social Value Systems.- 4. Institutional Environment.- 5. Corporate Governance and Business Management.- 6. MNCs Operating in China and India.- 7. Conclusion: China and India at a Cross-Road for their Transformation.

Deepak Sardana is Lecturer at Griffith Business School, Griffith University and Adjunct Senior Research Fellow at the University of South Australia Business School. He previously worked in the Business School at the University of New South Wales, Australia.Ying Zhu is Professor and Director of the Australian Centre for Asian Business at the University of South Australia. He has been a business leader and academic leader in China and Australia for over 30 years. Ying’s most recent publication is Managing Chinese Outward Foreign Direct Investment: From Entry Strategy to Sustainable Development in Australia (2016).

• 1. Introduction.- 2. Background: Reforms in China and India.- 3. Historical links, Political Governance and Social Value Systems.- 4. Institutional Environment.- 5. Corporate Governance and Business Management.- 6. MNCs Operating in China and India.- 7. Conclusion: China and India at a Cross-Road for their Transformation.

Deepak Sardana is Lecturer at Griffith Business School, Griffith University and Adjunct Senior Research Fellow at the University of South Australia Business School. He previously worked in the Business School at the University of New South Wales, Australia.Ying Zhu is Professor and Director of the Australian Centre for Asian Business at the University of South Australia. He has been a business leader and academic leader in China and Australia for over 30 years. Ying’s most recent publication is Managing Chinese Outward Foreign Direct Investment: From Entry Strategy to Sustainable Development in Australia (2016).

• 1. Introduction.- 2. Background: Reforms in China and India.- 3. Historical links, Political Governance and Social Value Systems.- 4. Institutional Environment.- 5. Corporate Governance and Business Management.- 6. MNCs Operating in China and India.- 7. Conclusion: China and India at a Cross-Road for their Transformation.