India and China Econmy

India and china: An Economic Comparison India and china are the worlds next major powers. And in a global thriftiness, modify by the financial crisis, where most advanced countries are slumped into recession, India and China are growing. In a PPT India and China it has statistically compared the economies and industries mingled with these two countries. Both the countries watch an important role to represent in the world economy, with China embracing private entrepreneurship and India facilitating globalization within its economy. Growth of the Indian and Chinese Economies Both India and China have registered strong stinting 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. But the growth of the Chinese economy has been more large than India and China today has surpassed India on the more important economic and welfare indices. Chinas per capita GDP growth has averaged 8% since 1980, which is double that of Indias per capita GDP growth rate.

The Chinese economy is much larger than the Indian economy and labor-intensive make up exports contribute almost 40% to the Chinese GDP compared to further 16% in India. Welfare Indicators of India and China As compared to India, China as well as scores higher on welfare indicators such as living standards, p everyplacety ration, female adult literacy and life expectancy by a wide margin. Since 1990, China has tripled per capita income and has eased ccc million out of poverty. While India still presents a icon of extreme poverty, Indians are playing invaluable roles in the search and development centers of global tech giants, sprouting all over India. Indian companies are also excelling in producing high-quality goods and services at very low prices,... If you want to get a amply essay, order it on our website: Orderessay

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