Question

how are economic policies of China different from India explain with example

Answer 1

What sets China apart from India and is there more to it than meets the eye when it comes to China's growth figures?

Some leading corporate leaders from Asia debated on this at a conference recently held at the Indian School of Business in Hyderabad.

The emerging markets of Asia hold the promise for the world's corporation. India and China are the two key markets in Asia.

But China today leads India significantly. It gets ten times as much foreign direct investment as India does and its economic growth rate is much faster than that of India.

India has been showing a gross domestic product growth of an average of 5 per cent for the last five years. In contrast, China has averaged at least 9 per cent growth.

With China threatening now to become a force to reckon with even in information technology services, Indian corporate leaders are examining why China ranks better than India and what are its (India's) weaknesses.

In the first part of this series, we look at the ten reasons why China is ahead of India.




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