India vs. China. Who’s going to win?

We just read Economic Times- ET’s story on India vs. China.

And here’s what Economy Decoded- ED could make of it:
1. China’s GDP is twice that of India
2. China grew at 7.7% in 2012, while India at 5.3%

What goes against India in becoming a winner against China:

1. Corruption, extremely poor governance, suffocating political and bureaucratic attitude
2. Outdated policies, laws and ways of functioning
3. Snail speed judicial systemLack of basic amenities like electricity, water, sanitation pan-India
4. Poor public infrastructure be it roads, rails, buildings, metros
5. A lot of Indian youth is unskilled or working as peddlers or not at all

What goes against China:
1. Autocratic regime
2. Corruption
3. Mass manufacturing capability
4. Lesser transparent legal system

So on whom are you placing your bets in this Super Power race? India or China?


Please enter your comment!
Please enter your name here