Green Bay Packers #12 Rodgers Jersey

Green Bay Packers #12 Rodgers Jersey -

India and China: An Economic Comparison

India and China are the world’s next major powers. And in a global economy, affected Green Bay Packers #12 Rodgers Jersey 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 between these two countries.

Both the countries have an important role to play 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 economic growth since 1980 and opening up Green Bay Packers #12 Rodgers Jersey 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 spectacular than India and China today has surpassed India on the more important economic and welfare indices. China’s per Green Bay Packers #12 Rodgers Jersey capita GDP growth has averaged 8% since 1980, which is double that of India’s per capita GDP growth rate. The Chinese economy is much larger than the Indian economy and labor-intensive manufacture exports contribute almost 40% to the Chinese GDP compared to only 16% in India.