In India, Bush Urges Americans To Welcome Global Competition

President Bush met with Indian entrepreneurs and toured an agricultural university during a four-hour trip to the southern city of Hyderabad today, when he said that the United States should welcome rather than fear competition from India. “People do lose jobs as a result of globalization and it’s painful for those who lose jobs,” Mr. Bush said at meeting with young entrepreneurs at Hyderabad’s Indian School of Business, one of the premier schools of its kind in India. Nonetheless, the president said, “globalization provides great opportunities.”

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