Economy, asked by vidhi9895, 9 months ago

China is also an emerging economy like india however it keeps on inventing new and further advanced technology do you agree that if they keep on doing so one day will come when there will be no on doing problems in china give answer for 5 marks​

Answers

Answered by vasantha2582
5

China and India: Emerging Technological Powers

Explanation:

Although the growing economic stature of China and India is widely recognized, the factors underlying their success are still not well understood. The advantage of a large low-wage workforce is apparent to everyone, but that can never be the foundation of an economic superpower. True economic leadership comes only with the ability to produce high-quality high-technology goods and services and to create innovative new products and technologies. To appreciate the long-term potential of China and India, we need to take a comprehensive look at their innovative capacity.China and India are the two most populous countries, accounting for 20.4% and 17.0% of the world’s population. Although they are still developing countries with per capita incomes of just $1,740 and $720 (2005), they already are the fourth and eleventh largest economies in the world at nominal exchange rates. However, in terms of purchasing power parity (PPP), they already have been for some time the second and fourth largest economies.

Answered by Esconor
0

Answer:

Explanation:

Yes ,China is the biggest economy in the world and is developing fast and more .We can say China is advancing fast into the future and is becoming strong not only in economy but also other things.As technology advances further is will keep on advancing leading to a new future and we cannot say that it will end here .But as we know the world is advancing if the world and China has help the world so we can say that technology will keep advancing more and more better and better .

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