Will China and India Dominate the 21st Century Global Economy
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Comments
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china will, but not india
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India and China's economy has never been dictacted from use of outside. They have always have been manufacters and the biggest world exporters of goods. They were both stripped by the British of their wealth and their knowledge. Knowledge makes a country. The US and so many western countires are just so indebted, they may feel the economy is great but the spending just so outweighs their earnings. Look to the future of the reality of the situation and you will realise debt held on the western economies will be the downfall.
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India will be more successful becasue India involves the people, China does not. If India wanted to knock down all slums and build high rises, what will happen to the people who live there. However if you do this you are providing a window shop front for the country, but you are just sweeping the dust away, and just pushing it away. The problems are still not solved. India on the other hand is trying to bring everyone up together and not hiding it's shortfalls. It accepts work has to be done. In the long term does this not make it successful.
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GDP of China will take 100 years to double? lol. Dream on. China's GDP will double the US by the 2030s, and triple or quadruple PPP of the US by the 2030s. By 2050 GDP must be almost 4 times bigger. We live in interesting times.
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If India is so big in Economy why I am soooooooo Poor? :( Who cares to know if after 50 years India will be 40 percent of Us or not ? I want to be rich right now.
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stop chest pumping wait and see time will tell their are lot factors
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Actually China is already bigger. And now China is set to be double the US economy by 2030.
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India is a joke, just like a Indian who uses deodorant.
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Innacurate. Diminishing Returns also affects demand, and Demand also has to be at a certain level for the producers to gain a profit from from their investment in Capital, labour and education.
Due to the ecomonical recession taht we expirience at the current stage, that demand will almost certainly stall significantly enought to mix up things in china and India.
It both countries play it smart, they may even benefit more from it, but that is a big IF. -
Autocracy regime can't be developed economically well historically. Also, It will be threat to USA security & world cause they never give up communism. They have same paradox like N.Korea.
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Strangely, people of India and China needs to be told about their future greatness from outside their countries, nobody within these countries seems to seriously work towards this (maybe more so in India than China)
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indians throw money at the latest Bollywood garbage, willingly give and accept bribes, stand in line to emigrate to the U.S. and even if there are public toilets steadfastly refuse to use them preferring to empty their bladders on the nearest wall or loosen their bowels on the sidewalk.
In a million years, Indians and its people will not rise beyond the gutter. -
informative vedio
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China is developed due to less corruption. But Where as in India Every Political Leader is an agent of America and Europe, so we are unable to develop as par to china.
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Whatever is the situation , India surely is lagging behind China in its development
India got Independence in 1947 and China in 1949 but see the difference at this stage , china is far far beyond India in its development because of Strong Policies,Strong Law and Rules , Patriotic Spirit in Common Chinese people towards Country and One Party ! -
India will not ....China's 5 times bigger than India's economy. India does not have an united language. China will be very strong in next 5 to 10 years.
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