Comparing india and china essay

But there is little cause for taking the growth of GNP to be an end in itself, rather than seeing it as an important means for achieving things we value.

India vs china essay

Unlike the Chinese who relied on a strong government, the Indians chose to depend on the social caste and religious beliefs to keep public order. In China, due to overpopulation, the government made it so that spouses can only have 1 or 2 children maximum. China mostly depends on Foreign Investments and also gets debts from US for mobilizing the required resources for its production and growth and has modernized its army by seizing civilian lands which has nothing to do with stumbling financial markets. Which of the two would you prefer to do business in and why? Conclusion The flourishing economy in China and India was a cause of learning more and having the ability to create new material. In fact unlike India, China is still investing in huge amounts towards manpower development and strengthening of infrastructure. China economy seems to be a very hard task. Despite the fact that there is no specific statute regulating FDI in India in contrast with China, it has much more excessive regulation of entry and exit than China Henley, Although China and India shared many similarities, they had differences such as the social system, politics, and the importance of trade in the economy. China accelerates its growth by its export driven economy that places good at Balance of Payments, foreign exchange reserve s. The two countries meet face to face only at The Himalayas, all other things for comparison will make stand these two countries individually, at their own socio-economic-political-cultural areas. The predicted growth of the sector is at an average annual rate of 7.

Apart from being target sales markets, China and India are also among the ideal locations for production. This well signals the internal corruption levels of both countries.

comparison between india and china economy wiki

Prior to the 18th century, Europeans viewed these nations with the utmost respect in regards to their immense wisdom and wealth. Therefore, an attempt has been endeavoured to find initially the demographic Briefly Compare the Political Regime Type in China and India.

India vs china essay in english

Economic theory teaches us that incentives drive decision making by a nation or an individual. Corruption However, around the time of the early nineteenth century Europeans began to view these civilizations through a different lens. Both supported the space program - Kennedy focused on traveling to the moon - Nixon approved 5 year long program with Soviet Union - Both pushed integration in schools. This goal was to be achieved without impeding the development of developing countries which is why most of these countries were not required to reduce their GHG emissions and in some cases, were even allowed to increase them. Which is a benefit to learning that American culture and Indian culture are different. On the other hand, India was very slow in embracing globalization and open market economies. India, thus, wins over China in the ease of conducting businesses at socio-cultural level. Unlike India, where farmers still use the traditional and old methods of cultivation, the agricultural techniques used in China are very much developed. Economic growth has led to increasing consumer spending. Unlike the Chinese who relied on a strong government, the Indians chose to depend on the social caste and religious beliefs to keep public order. Only 66 percent of Indian children areā€¦ This is exclusive content for subscribers only. The major con for China in this area is its inability to produce large number of English speakers per capita. China has a population of almost 1. One of the serious failures of India is that a very substantial proportion of Indian children are, to varying degrees, undernourished depending on the criteria used, the proportion can come close to half of all children , compared with a very small proportion in China.

It is so because the absorption of resources of a country and people living in the country are closely correlated according to the Malthus theory of Population. Other Areas Obviously, fast consuming goods are given priority for production which wants a mere copying or imitation in work design rather than innovation.

India and China fight for Super power tag. Thus, making it hard figuring out how cultures are different.

Difference between india and china

Brazil has a life expectancy rate of Both the countries were among the most ancient civilizations and their economies are influenced by a number of social, political, economic and other factors. Both agricultural based civilizations made various technological advances. Apart from being target sales markets, China and India are also among the ideal locations for production. According to a study done by Raven, Huang and Kim , China is notably ahead of India in infrastructure and internet penetration, among other factors that form an e-commerce environment. Most families prefer to have male children, and as a result, many girls or children with disabilities are aborted, placed in orphanages, or abandoned. Which of the two would you prefer to do business in and why? Agriculture China mostly depends on Foreign Investments and also gets debts from US for mobilizing the required resources for its production and growth and has modernized its army by seizing civilian lands which has nothing to do with stumbling financial markets. By its official military budget figures, India stands at 9th position in global military spending. While some vary widely, others can be quite similar. One of the serious failures of India is that a very substantial proportion of Indian children are, to varying degrees, undernourished depending on the criteria used, the proportion can come close to half of all children , compared with a very small proportion in China. In general, improvement in technologic environment is the area where China and India has to learn from each other.
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Country Comparison: China and India Essay