Next super powers India and China:by enmity or by friendship

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  • 1. Next Super Powers India and China: By Enmity or by FriendshipPresenter: Deeptish Tanwar MBA(AB) 1st year

2. Introduction The relations of both countries was established on 1st April1950 It was established by the prime minister of India JawaharlalNehru and Zohu Enlai The relations was scattered in 1962 when China attackedIndia It took 14 years to resolve the grudges In 1976 the relations of both the countries has once againestablished 212/2/2013 3. The relations of both countries is 61 years old The trade is one of the biggest factor that has made therelationship better In terms of investment the relation is fantabulous among both thecountries There are 80 companies of China and over 100 companies ofIndia established in both the countries.(This shows that the relations among both the countries) However Indias relations with China is always foundcontroversial and bitter 312/2/2013 4. Comparison Trade Economic Comparison Military forces412/2/2013 5. References www.google.com www.slideshare.com www.indiastat.com www.wikipedia.com512/2/2013 6. 612/2/2013 7. 712/2/2013 8. Introduction Also known as Sino-Indian relations Two most populous and fastest growing economy Trade relations for over more than 2000 years However there are many boundary conflictsaffecting this trade812/2/2013 9. OBJECTIVE OF STUDY Major Sectors that India Exports to China 2. Major Sectors that India Imports From China 1.912/2/2013 10. Major Sectors that India Exports to China1. Cotton 2. Copper and Articles thereof 3. Ores, Slag and Ash1012/2/2013 11. Major Sectors that India Imports from China Organic Chemicals 2. Nuclear Reactors, Boilers, Machinery and Mechanical Appliances; Parts Thereof 3. Electrical machinery and Equipment and Parts Thereof; Sound Recorders and Reproducers, Television Image and Sound Recorders 11 and Reproducers, and Parts 1.12/2/2013 12. BY GOVERNMENT TO HELP EXPORTERS Market assess to sector such as IT and Pharmacy Stress on promoting mutual co-operation in energyefficiency and environmental protection Cut in freight charges Indian handicrafts are seeing a huge market in China Indo-China border trade1212/2/2013 13. Problems faced by exporters Language Constraint Price Competitiveness Quality Standard Barriers1312/2/2013 14. Future Initiatives to be taken 14Create a constructive economic and political architecture opportunities should open up in the services sector like finance, education, health, audit and accounting, legal practice and entertainment Need of mutual consensus on custom valuation, clear guidelines, uniform documentation, increase in efficiency of port and customs agreement should include trade in both goods and services Harmonization of technical and agricultural 12/2/2013 15. Language barrier must be addressed Pre-shipment inspection agreement to reduceNon-Tariff barrier China should welcome Indian companies to explore Both the countries have already agreed to push the bilateral trade to USD 100 billion mark by 20151512/2/2013 16. India and china emerging globalplayers: High economic growth rates Rapid raising share in world Large inflows of FDI Engines of growth in demand ofcommodities Positive demographics 1612/2/2013 17. INDIA 10th largest economyin the world by nominal GDP 3rd largest by purchasing power parity (PPP) Trade organisations: WTO, SAFTA,BRIC, G-20 and others 17CHINA 2nd largest economyin the world by nominal GDP and PPP WTO, APEC, G-20 and others12/2/2013 18. 1812/2/2013 19. Statistics INDIACHINA$1.824 trillion (nominal) 10th; 2012)$8.358 trillion (nominal) 2nd; 2012)$4.684 trillion (PPP: 3rd; 2012)$12.406 trillion (PPP: 2nd; 2012)GDP growth3.986% (201213)7.8% (2012-13)GDP per capita$1,491 (nominal: 141st; 2012)$6,071 (nominal: 87th; 2012)$3,829 (PPP: 130th; 2012)$9,233 (PPP: 92nd; 2012)GDP by sectoragriculture: 17.4% industry: 25.8% services: 56.9% (2012 est.)agriculture: 10.1% industry: 45.3% services: 44.6%(2012 est.)FDI stock$47 billion (201112)$116 billion (2011)GDP1912/2/2013 20. GDP Growth 2000 to 2050 [2003 bn US Dollars] 45000 40000 35000 30000 25000 20000 15000 10000 5000 0 200020200520102015202020252030203520402045205012/2/2013 21. China Exports2112/2/2013 22. India Exports2212/2/2013 23. Comparing India and Chinas Growth Stories2312/2/2013 24. 2412/2/2013 25. Indias Defence Budget : US$ 40.44 billion (2012-13) Chinas Defence Budget : US$ 95.4 billion (201213)2512/2/2013