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By,
ANAS KALLINGAL
1st MBA , GRDIM
COIMBATORE
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IntroductionPower sector
Education systemOil & gas sector
Port and shipping
Agriculture Infrastructure
Service industry
Role of FDITrade patterns and policies
conclusion
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introductionHigh economic growth rates
Rapid rising share in the world
Large inflows of FDI
Engines of growth in commodities
Positive demographics
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Observation China and India together accounts 37.5% of worlds
population and 6.5% value of world output andincome at current prices and exchange rates.
China opened up its economy on 1978 and India did soin 1991.
Since India & China same kind of labor force both
countries follow the same path of growth and both arelittle bit controlled economy form.
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Observation China managed to have a great infrastructure at the
early 1990s,india on 2000s
FDIs begin to jump in at 1990s in China and in Indiaafter 2000.
China got almost homogeneous culture and India gotdiversified.
GDP of China was 9.8%(2008),13%(2007),11.6(2006)
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Observation GDP contribution by sectors for the year 2008 was as
follows
Agriculture 10.6%Industry 49.2%
Service 40.2%
China got one party authoritarian political system
Speed of growth was at an average of 9.5% for pastthree decades.
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ObservationArea of specialization is mass manufacturing
electronics and heavy industrial plants.
FDI in China is 17.8% and that in India its6.8%.
China looking to dominate areas like ITbusiness, service and also in manufacturing.
China has a weak banking and legal sector.
China people are weak in English its a majordrawback.
China got large infrastructure investment whilecomparing to India.
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Observation China got 99.1% literacy rate adult literacy rate is 91%
but in quality education they are weak.
China got oil and gas reserves higher than India Import export of china was 424.59b$-95.41b$ and for
India it was 130.36b$-13.94b$.
China got port capacity of 5.6btpawhile India have
only .75btpa
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Observation China got a classic pattern of moving from primary to
manufacturing sector it doubled its work force and ittripled its share of out put.
China got rapid export growth and aggressive increaseson world market shares due to cheap labor and heavilysubsidized infrastructure.
Officially in China only 4% under poverty andunofficially it will be 12% while in India it will be 26-34%
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Conclusion Mostly India and China will develop in a similar matter
and may become world super powers of the world inthe near future.
Both countries may have to face power shortage in thefuture.
Competition will not be India vs. China but it will be
India & China vs. developed countries.
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Thank you
.