With the Yuan pegged low, China has the largest economic growth rate in the world, but is at the same time plagued by seemingly insurmountable domestic problems, including environmental protection, political dissidence and a closed Net.

The “Business Week India” Bureau Chief explains how the Net has helped raise the standard of living in the second largest growing economy in the world? What more must India do to emerge from third world status?

The former Ambassador to Egypt and India answers tough questions, such as “Can America really democratize the Middle East? Do we have the technology to deal with the challenges of a global economy?”