The emerging economies of China and India have great potential to challenge the unipolar world. Do you agree with the statement? Substantiate your arguments.
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the correct answer is 47
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The Indo-China relations strategically organized as rising economic powers in the global market and to play an important role in the Asian economy after the end of the Second Cold War. The following points will prove that:
1) The New Economic policies of China and India have boosted their economy from stagnancy.
2) The Creation of economic zones in particular areas led to a rising in foreign trade.
3) China had become the largest foreign direct investment anywhere in the world as it has large reserves for foreign exchange.
4) India and China have implemented similar economic policies in the World Trade Organisation to deepen integration among the world economy to challenge the unipolar world.
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