http://www.economist.com/opinion/displayStory.cfm?Story_ID=10533866: "stifling competition; protecting national champions; engaging, even, in geopolitical troublemaking"
Look at the gall of these guys - all high and mighty words about objectives and transparency. It's like a beggar in Delhi's Connaught Place accepting the one rupee coin you give him and then questioning your 'objectives'. Sorry guys - getting your people to live in bigger houses than they can afford, drinking more Coke than is healthy for them and driving cars with more fuel than they can buy- all may look good. But it adds nothing to the competitiveness of your economy. In the end you will beg for money from Chi-Rabia (I will TM that) and the one that pays the piper calls the tunes.
The lesson for India? Realise that globalisation is not business - It Is War. Diversify dollar reserve holdings and accept FDI where it is hard for it to escape. And for god's sake stop bleating about 'free trade' with China!!