急求帮忙翻译一篇英文，不要翻译软件的烂文章 谢谢了！~！~

Paul believes that the major difference in investing in India and China lies in the industry sectors. In China, he says, deals flow across multiple industries, from auto dealer consolidation, to cell phone gaming companies, to medical leasing, while in India the focus is almost entirely on technology and services. India is developing some retail financial service businesses, he said, but China's consumer economy is more advanced.
His concerns for the markets are not tied to either country. He says that emerging market premiums are low relative to historic levels, creating systemic risk if economic collapse in another part of the world creates a contagion effect.
Rahul Bhasin, managing partner of Baring Private Equity Partners, believes that despite differences in the two countries, both will continue to benefit from globalization. "There has been a lot of hullabaloo about off-shoring and outsourcing, but the bottom line is, it is a globalized world," he says. "People will work harder for less in markets like India and China, and you are going to find most production work moving to these countries. There will be a shift in consumption globally from what is the developed world into the underdeveloped world. And it will happen faster than it has ever happened before."
The debate over which country is the better venue for investment is less important than knowing how the strengths and weakness of each nation would impact a specific investment, according to Stephen Sammut, Senior Fellow and Lecturer in Wharton Entrepreneurial Programs and Health Care Systems. Sammut made his comments while moderating a panel discussion titled "China vs. India: The Smarter 5-Year Investment" at the Wharton Private Equity Conference.
"The view of the two countries as being rivals in a war to procure more investment capital for either buyouts or venture capital is an entirely incorrect way of framing or charting what's going on," Sammut pointed out. "In fact they represent extraordinarily different markets on many levels."
First, he said the nature of entrepreneurship in India is different than in China because large numbers of Indian entrepreneurs have been able to work abroad as expatriates in many roles. "This will be manifest in the kinds of businesses they develop, particularly in information technology, and the pace with which they're going to be able to have technologies migrate from India." He also said India has an advantage in healthcare including biotech, pharmaceuticals and telemedicine, but he expects China to catch up rapidly.
The true promise of both nations, he added, lies in developing their internal markets. "There are rapidly emerging middle classes in both countries, hundreds of millions of people who are going to seek the same kind of standard of living as everyone else in the world," he said.