India Vs China

China Vs India

Dragon Vs Tiger by Sham Waghmare

1900 India

Constitutional reform helps Indian companies like TATA allowed fiscal independence including tarrifs that encourage industrialisation,In 1912 a Company called TATA financed and control by Indians started manufacturing steel,hydroelectric power,textiles on their own......

1900 China

1914-1920 In China during world war I industrialisation became to surface with incredible "13.8" annual growth rate,Modern banking Begins

1940 India

Indian industry grows rapidly during World War 2

1947 India

British Rule Ended,Under congress party Indian government established which puts and extensive importance to public sector companies,Banks are nationalised,Tata,Birla,Bajaj accouts for 15% of the economy.

1949 China

The communist wins China's Civil war..,and they initiated the land reforms and started collectivization of agriculture,Major reforms were done in Education and healthcare....

Now here both are almost on the same front and we need to jump into more recent times

1979 China

Foreign Investment is legalised ,First SEZ established

1990 China

First Stock Market Started

1984 India

Infosys a 12 software company created,Rajiv gandhi started putting emphasis on Technology

1991-92 India

Balance-of-payment-crisis occurred due to gulf war and hugh increase in Oil prises and World Bank and IMF asked Indian gov. to open the market as well as state owned companies to make them private liberalised

1993-97 India

Indian economy clocked 6% annual growth,India won Bronze Medal in tennis by Leander Pace.

1993-1997 China

Economy gets refuelled with introduction of more than 2000 SEZ,Annual growth was almost 9% during this period,China won 50 medals in the 1996 Summer Olympics they ranked 4th.

2000 to present China

growth rate 2003 10 %,2004 10.1%,2005 10.5%,2006 11%,2007 11.5%

2000 Sydney Olympics 59 medals Rank 3

2004 Athens Olympics 63 medals Rank 2

2008 Beijing Olympics 100 medals ranked 1(number ek)

China's 2003 total trade was 1.73 trillion $ become 3rd largest company after US n Germany

2000 to present India

2000 Sydney Olympics 1 medal Rank 70

2004 Athens Olympics 1 medal Rank 65

2008 Beijing Olympics 3 medals Rank 50

India's total trade during 2008 was around 330 billion $

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Now there are many numbers I can put forward but its not necessary Pre 91 we used borrow heavily from World Bank and IMF but we never used to repay those loans and then one day these 2 institutes were pissed of with our Economy and they said no and given some shitty words and asked us to liberalize our economy and that was the start for us .Now since we are evoving as a whole nation we are facing lot of problems because we are still dependend on external market where as China while focusing on external market they have evolved their internal market as well in all the sectors such as manufacturing,Technology, Auto mobiles and other issues as well Education,Healthcare "Public Infrastructure" and India is still trailing by hugh margin in every department the eg. can be sighted as On Public Infrastructure China spends 5% of their GDP and we spend less than 1 % which ultimately after corruption remains very low.....

This is matter of concern so Young India its upto us where we want our country needs to go...

and furthermore China's consistent assistance to Pakistan for arms , ammunition and other things to Unstablise our economy also by putting extra force on our eastern border shows that India and China cant become Bhai Bhai we need to compete them and we need to become self sufficient in upcoming times then only we would be able to make it big.

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