India and China -Looking Below the Surface to Compare These Two Rising Asian Business Giants

Authors

  • Nidhi , Khandelwal Research Scholar, Mewar University, Chittorgarh(Raj) 226,Sharda Niketan, Pitampura, Delhi, India
April 1, 2015

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India has emerged as a trading superpower and as an increasing magnet for FDI. Its role in the international economy to this point has been less remarked than the rise and dominance of China but increasingly India will be appreciated for the opportunities it is creating for its citizens, employers and foreign and domestic firms. India & China can be compared along many dimensions to better understand the reasons for the disparities in the growth rates, GDP, exports & FDI. A few of the parameters are:  Political Systems·  Monetary Policies·  Fiscal Policies (Tax Regimes)·  Quality of living·  Infrastructure Availability·  Skilled manpower· The two Asian giants – India and China have shown several developments in different sectors from the early times, which eventually contributed towards a steep rise in the economy of the respective countries. However, when it comes to comparing the economy of both the countries, China usually stays on the top. The economists points out, Chinese Government constantly implies new, which certainly has an impact in the first rising economy. Both the countries are putting in their best efforts to analyze their core economic strengths and gradually establish themselves as the superpower in the World Economy