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| Politics
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| US risks losing out to India, China |
| US risks losing out to India, China: Obama
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| UNITED STATES OF AMERICA
, 26-January-2011
6:38:50 AM |
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President Barack Obama on Wednesday warned that the US risked losing out to countries such as India and China in areas like in education, technology and research, noting they were undertaking investments in these areas.
Delivering his annual State of the Union address to the US Congress, Obama made three references to India in his hour-long speech during which he said his administration has built a "new partnership" with the south Asian country as part of his efforts to shape a world that favours peace and prosperity.
Obama, who visited India in November last, also referred to the recent business agreements with India and China that would create jobs in the US. "We have reset our relationship with Russia, strengthened Asian alliances, and built new partnerships with nations like India," Obama said in the address in which terrorism and war took a backseat with the President's focus being on education and economy.
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