On her visit to India this week, Hillary Clinton sometimes seemed more Commerce Secretary than Secretary of State, wooing "India Inc." with meetings in Mumbai before visiting politicians in New Delhi. And it's no wonder--with American companies struggling at home, she knows that for at least the next few years, the world has just two big, fast-growing markets--India and China--and American companies can't afford to be left out of competition for sales.
Take India, where Clinton has just concluded a five-day visit. While American soldiers are fighting extremists in nearby Afghanistan (and high-tech American drones occasionally bomb neighboring Pakistan, India's nemesis), American companies are fighting British and European firms for tens of billions of dollars in defense contracts in India, which is busy modernizing its military.
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