Economy, asked by zara88, 11 months ago

What do you understand by dragon vs elephant​

Answers

Answered by KomalSrinivas
0

Actually, as per recent discussions, dragon vs elephant may actually be signifying about the growth and development of Indian economy as compared to China and other countries.

The expand rate is almost 8 percent for India whereby for China it is almost 7 percent in rate. So India has progressed a lot. It seems that the China economy has been badly hit by the financial turmoils.

The IMF further suggest that this steady growth of India is going to increase further. So there are certain variations between the growth and GDP rates of India as compared to that of China, compared in global scale.

Similar questions