Question

comparative study between the economy of China and India..... explain in ur own words... ​

Answer 1

Answer:

China have a greater GDP than India but they have a neck to neck compilation India is richer is richer than china in 1990 but after the scam we all know china is 4.70 percentage more richer than India also China have the asia most richest man

Answer 2

Explanation:

India and China are the world’s next major powers. Both India and China have registered strong economic growth since 1980 and opening up to international trade and capital. The Indian and Chinese economies have benefited from FDIs that have provided new goods and services and therefore a spurt in industrial growth. The Chinese and the Indian economies rank number 1 and 2 respectively as the fastest growing economies in the world.

India and China both Economies are developing with higher rate of growth . It is also estimated that India will get 3rd largest economy in the world after the place of America and China.

There are so many factors which supports India’s Economy and China’s Economy to bacome the superpowers. but there are some factors which resist to the growth of these Economies .