Nihar Gokhale, Manu Balachandran, Rohit Chandavarkar & Shilpy Sinha , ET Bureau | Nov 9, 2011, 11.35AM IST
"China's No. 1 target is the US, next is India," he told a group of select CEOs at a late dinner meet on Tuesday. Bush, the two-term president whose reign saw a dramatic improvement in Indo-US relations, also said his country's patience withPakistan was wearing thin, according to one of the participants.
"If the US had not befriended Pak, Pak would have become more dangerous. But now US patience is wearing off," he said. In the course of a free-wheeling discussion, Bush also touched upon a number of important topics. He cautioned businessmen never to do business with Russia and said the EU would have a completely different look in five years but the euro would stay.
"If Iran goes after Israel, the US will go after Iran," Bush said, referring to the tense stand-off in the Middle-East over Iran's nuclear weapons programme. "While making history, timing is most important," he added. Those attending the dinner meet included HDFC Chairman Deepak Parekh and ICICI Bank Chairman KV Kamath.
RPG promoter Harsh Goenka, GVK group promoter GVK Rao, Bajaj Auto chairman Rahul Bajajand IIFL promoter Nirmal Jain were also present. "This event was kept a secret because the main condition from George W Bush's office was that there will be no announcements about this engagement and no media coverage given to it.
Even the list of guests was kept secret," said a senior executive from ICICI Lombard. The visit was organised ICICI Lombard and Fairfax Financial Holdings, a Torontobased company that owns 26% of the Indian general insurance company, and was attended by their top officials from India and the US.