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Friday, 1 February 2013

The Economy Of India And China

INDIA vs CHINA (Name (Student name and snatch (Institution s name (Module name and number (Grade /courseDecember 10 , 2008IntroductionChina and India have been billed as the world s emerging superpowers These two neighbors in Asia have showed a bit of similarities in that they have posted the highest scotch developing rates incessantly as measured by their GDP s . Unfortunately , their growth path has ahs some hindering factors herewith identified as weaknesses and some beneficial facts herewith identified as strengths . This therefrom compares the strength and weaknesses of these two economiesEconomic historyIn the last three decades , China s economic growth has been defined as miraculous averaging at 8 GDP growth and even hitting the double physical body mark . Over the same period , India has also registered important-looking growth though has been slightly lower than that of China .
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development in India has been highly reliant on the domestic merchandise while the china has predominantly relied on the foreign grocery through the export of cheap labor the western nations . This points to the intellectual why there has been western companies carrying out their production in the country to make use of the cheap resources and labor . As of 2003 China s per capita gross national product was reportedly70 higher than that of India s and her economy as the blurb largest in the world double that of India . By last category 2007 China s GDP stood at 3 .42 trillion with per capita GNP of 2000 . On the other hand...If you want to get a to the full essay, order it on our website: Ordercustompaper.com

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