Being an Indian guy i feel that the china and India though are neighbors but they have equivocal chords, that misinterpret the china and India sometimes as friends and sometimes as rivalries. though the china is rapidly developing and till 2020 it will add her as a developed nation , but the rivalries could not be stopped.
All the problems in the Asia are either cause by Pakistan and china only(As Pakistan supplies terrorism to whole world and china too wants to gain supremacy in Asia replacing Russia to north and India to south, so the china and pakistan are main concerns for India, as shares the borders with the two .
China growth will be 8% in 2030 while india will be 10% (GDP), china already has the most old age people in the world and India on other hand has most young population in the world, the growth pattern cannot be sustain by china as after a certain point of time the china will reach at the saturation point as already the cars makers in china are feeling the heat of it , as by selling the 1.2 million cars they are pooling the worlds largest car market, even for the luxury cars too, china is the largest market for the world
In medicine too the china is largest market, in all sorts of things due to the population the china is the market not to be overlooked by any company in the world , even she has helped the General motors, Pfizer, Volkswagen to be revamped and reworked globally on the revenue and profits generated by the Chinese Diaspora's appreciation for their product, even the Indian companies have benefited form this like TATA steel and Indian cement companies supplied the exorbitant amount of steel and metals to the railways and construction in china mainly in the shanzen and shanghai districts cause the Chinese fell short of steel and cement too .
So through the simple but yet soo complex process of trade and business both the economy can benefit each other. any country and any world
P.S don't mistaken me of showing chauvinism or extreme nationalism in this article
Monday, November 15, 2010
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