Both are countries that has started dominating the world economy and will continue to dominate for many years to come. While many of you would think China and India are similar as both are in the same league taking center stage in the global economy, in reality both countries are very different.
Their political systems are also vastly different, with China being ruled by a single party and India being the world’s largest democracy. In fact India has benefited out of this misconception as the world sees China being the king of manufacturing and infrastructure and India is the leader in provision of information technology services.
Here are some stats between the 2 countries :
Stock Markets:
The market capitalization of the 10 largest companies today in China is $1.8 trillion, whereas the market capitalization of the 10 largest companies in India is only $0.5 trillion.
The market capitalization of the 10 largest companies today in China is $1.8 trillion, whereas the market capitalization of the 10 largest companies in India is only $0.5 trillion.
Similarly, at year-end 2006 the total stock market capitalization of China was $2.4 trillion versus India where it was only $0.8 trillion.
Direct Investment:
China has received more than 10 times the total foreign direct investment as India ($700 billion versus $68 billion).
China has received more than 10 times the total foreign direct investment as India ($700 billion versus $68 billion).
China has made direct investments abroad that are more than 3 times that of India ($67 billion versus $21 billion).
GDP:
The Chinese GDP expressed in US dollars is three times the Indian GDP ($2.5 trillion versus $0.8 trillion). On a purchasing power parity basis, the Chinese GDP is two and a half times the Indian GDP ($10.2 trillion versus $4.2 trillion).
The Chinese GDP expressed in US dollars is three times the Indian GDP ($2.5 trillion versus $0.8 trillion). On a purchasing power parity basis, the Chinese GDP is two and a half times the Indian GDP ($10.2 trillion versus $4.2 trillion).
Current Account Balance:
China’s current account balance is positive and growing strongly, while India’s has meandered and recently gone negative.
China’s current account balance is positive and growing strongly, while India’s has meandered and recently gone negative.
Energy:
China produces 3 times the electricity of India; more than 4 times the oil; and more than 1.5 times the natural gas. On the consumption side, China consumes more than twice the oil of India and almost 1.5 times the natural gas.
China produces 3 times the electricity of India; more than 4 times the oil; and more than 1.5 times the natural gas. On the consumption side, China consumes more than twice the oil of India and almost 1.5 times the natural gas.
Population:
Approximately 1/3 of the world’s population is either Indian or Chinese, but the populations of China and India are quite different from each other.
Approximately 1/3 of the world’s population is either Indian or Chinese, but the populations of China and India are quite different from each other.
India’s population is smaller than China’s, but is growing more rapidly. In 1995, China had nearly 33% more people. By 2005, China had less than 20% more people. By 2025, their populations will be about equal. After that, India will have a larger population.
India has a population that is growing younger and that will continue to supply young people to the labor force for a long time. China has an aging population that will show labor supply problems without net inflow of migrants. India today has 6 times the number of people migrating out of the country as China. China has a 40% lower infant mortality rate than India, and a longer life expectancy.
Labor and Income Distribution:
China and India have roughly equal acreage of arable land, but China has a much smaller portion of its people in agriculture than India (45% versus 60%). China has twice the proportion in industrial jobs (24% versus 12%), and a similar portion in service jobs (31% versus 28%).
China has a lower rate of urban unemployment (4.2% versus 7.8%) and far fewer below the poverty line (10% versus 25%) – although we don’t know how reliable that may be. Both have about 1/3 of total income in the hands of the top 10% of households.
Literacy:
Literacy is dramatically different. Only 61% of Indians over the age of 15 can read and write, while nearly 91% of Chinese over 15 can read and write. The development and therefore economic value of women is higher in China where 86.5% are literate, whereas in India only 47.8% of women are literate.
Literacy is dramatically different. Only 61% of Indians over the age of 15 can read and write, while nearly 91% of Chinese over 15 can read and write. The development and therefore economic value of women is higher in China where 86.5% are literate, whereas in India only 47.8% of women are literate.
Religion:
The religious composition is dissimilar.
The religious composition is dissimilar.
Hindus account for over 80% of the Indian population, but are negligibly represented in China. Muslims account for over 13% of the India population, but are only about 1% to 2% of the China population. Christians are about 2.3% in India and 3% to 4% in China.
China does not report religious composition as thoroughly as India, but China is greatly influenced by Taoism and Confucianism which have ancient roots there. India and China do not have similar populations in terms of guiding belief systems.
Languages:
India has numerous regional languages with English as the official government and business language. China has one basic language with regional variations. Mandarin Chinese is the standard language.
India has numerous regional languages with English as the official government and business language. China has one basic language with regional variations. Mandarin Chinese is the standard language.
Legal system:
India’s legal system is based on English common law while China’s is based on civil law derived from the Soviet Union and continental European legal principles. India’s judiciary reviews legislation, while China’s legislature retains the right to interpret its laws. India accepts compulsory International Court of Justice jurisdiction, while China does not.
India’s legal system is based on English common law while China’s is based on civil law derived from the Soviet Union and continental European legal principles. India’s judiciary reviews legislation, while China’s legislature retains the right to interpret its laws. India accepts compulsory International Court of Justice jurisdiction, while China does not.
Political System:
India is a multi-party democracy. China is a single-party controlled state.
India is a multi-party democracy. China is a single-party controlled state.
Telecommunications:
China has more than 3 times as many cell phones as India and 7 times as many land lines as India.
China has more than 3 times as many cell phones as India and 7 times as many land lines as India.
China has more than 4 times as many internet users as India.
Military:
China spends 4.3% of its GDP on its military versus 2.5% by India. In total US dollars, the Chinese military budget is five times the size of the Indian military budget.
From almost every metric, China and India are very different countries. They are neighbors. They are important and disruptive to the old order of things. They are interesting investments, but they are a unified portfolio concept that could lead to unwarranted conclusions and allocations. Both have great investment values that need to be considered separately.
Data Source : U.S. Census Department, the CIA Factbook, the United Nations, the International Monetary Fund, the Economist Intelligence Unit and others.
50 comments:
Alvin,
Great comparison which obviously shows China in superior light. I don't see your point of comparing these stats. However you forgot one important element where India thumpingly surpasses China.....FREEDOM OF EXPRESSION AND ACTION....because we are the largest democracy on this planet. Sorry friend but that is the truth.
Thx - Sundar Venkat (obviously Indian)
China and india are two important countries to the future of the global economy. They are both growing rapidly accounting for 1/3 of the world's population. Their evolving business enterprises and resource consumption patterns are disruptive to the world business order. They are displacing developed countries in terms of gdp ranking.
I m purely doing the comparison from an investment portfolio management stand point ie while the concept of china india is really a great marketing concept to attract investors, but the packaging is not the best for portfolio management purposes.
Isn't it true that Indian's average IQ is 81 while Chinese IQ is 105? If true, it is just a waste of time discussing China vs. India.
I know for sure Indian are very filthy. I visited India recently and witnessed through my own eyes that Indians use bare hands to grab food in soup bowls and they use the same hands to wipe their a$$. They do not use toilet paper. Even the Hindu priest defecates in their holy Ganges River.
Every one has his/her points about INDIA vs CHINA..
China has mentality better than that of India..
CHINA wants to be a WOrLD LEADER .. but INDIANS have mentality to be the Slaves (Honest slave of that Leader)..
Talk of FREEDOM OF EXPRESSION.. Indians are dumb robots they dont have expressions why the need to express it...
TIME IS STILL INDIA SHOULD DO SOMETHING..
I am Doing my bit..
http://www.creativeteensclub.org/ctc
http://www.computerplanetindia.com
The difference is that Indians don't stoop to so low a level as someone has gone to over here.
The difference is that we have the right to choose our destinies and you don't.It is indeed suprising that a country of billion bows to a bunch of jokers(read communists).
If u need heroes who can stand up to the autocrats, we will send some for you. To raise your buried conscience.
Chinese goods are treated as third class in India.
what is the point of democracy if you can't feed your own people, id rather have a good life and limited freedom + autocrats vs wipping my butt with fingers and do what ever i want. if you people down there wants to get out of the finger wipping thing, sorry we chinese wouldn't send any leader to help you becuse we simply dont give a damn.
no one is even going to bother cleaing up ur so-called democracy ( i say that because the cruption levels in india is at critical levels while in china you get excuted for it and next to none levels of curruption in china , you tell me whitch is better)
Get ur facts right first. 2007 corruption perception index ranks both India and China at 72nd position. So you can't preach us on that account. Put ur own house in order first.
And to put things in perspective, most of Chinese growth story has been inflated to present a rosy picture. Your government can publish any stats without being questioned. Any economist worth his salt will tell u that the so called 11% growth rate is all made up. Of course China is growing fast, but the numbers presented by ur government have to be taken with a pinch of salt.
chinese are systematic and innovative then indian counterparts. english will not be an issue as more chinese now speak english. agriculture, manufacturing and infrastructure are the first things a civilization should incorporate to build jobs for the masses. This is why 300-400million Chinese have been raised out of poverty. Can you say that for India? Does your government care about you? The next frontier for China will be in services and this includes IT. Unlike India, China did not take any shortcuts. Yes, Indian return on investment was marginally higher but this was due to no infrastructure costs. IT jobs are digitized so India was able to grab due to english speaking resources. But China has layed a foundation in all areas, including state of the art networks with power that does not go down every 2hrs. Chinese kids are learning english too. India is too corruped, uneducated and chauvinistic. How can you call yourself the world's largest democracy and yet still have a caste system and women who can't read. Chinese believe in justice and righteousness with women being equal. This shows in employment and higher education learning. Additionally, in the future, indian popluation will grow and unemployment and lack of resources will occur. India may run into famine due to lack of population control. China's population today would be 2.5billion if it did not slow down birth. Where do you think all those people will go to, America?Europe? Don't you think you've taken enough of their IT jobs? The end is near for the Indian hype. Wake up to reality and start working harder to realize your dreams instead of hyping your country. Its easy when Chinese didn't have a voice but today's Chinese knows English too. Indians should be more humble and help their own country develop their infrastructure. Imagine if China was not a communist country, it would alreay have been the Japan of the east 50yrs ago. Chinese have always been innovative and hard-working. You cannot deny that. Communism will die as capitialism and freedom spreads but unlike India's corrupted democracy with caste and male hindi power, the government and people are working together to further develop China. Eventually China will be a true democracy and when that time comes what other arguments will brainwashed Indians say next? Maybe your government will come up with another story to keep your nationalist pride up, like the US and China are conspiring to keep India down. Good luck with your IT project! Cheers!
Alvin, why do you so proud of such "FREEDOM OF EXPRESSION", your democracy was build on caste system where Indians are classified into different grades, low class people never have access to better jobs and education. Do you hear Fake Freedom?
to the one who posted on March 12: "most of Chinese growth story has been inflated to present a rosy picture. Your government can publish any stats without being questioned. Any economist worth his salt will tell u that the so called 11% growth rate is all made up."
years ago it was fashion to attack Chinese cook-the-numbers, Indians stole words from Westing media to darken Chinese banking systems by saying they are next to collapse. Guess what, last year, 3 of the Chinese banks went IPO. the third largest bank by capital was bigger than all Indian banks combined. One of Chinese oil company score a Bingo last year(news: PetroChina: The world's first $1 trillion company. link: http://articles.moneycentral.msn.com/Investing/Extra/PetroChinaWorldsFirstTrillionDollarCompany.aspx ).
China and India were from similar GDP starting point in 1980. They both grow, India reported growth rate 9% lately vs Chinese growth rate by gov was 11%. Everyone has an eye can see Chinese difference in every 2 years where people can hardly find a difference from India compares last decade.
who cook the numbers? China seems growing at 17% per year rather than 11% personally. China artificially keeping grow number low as its currency value. The true values should be 30% to 40% higher.
Hey!..its so funny to read people's comments!This article was only a comparitve statistics abt india and china..and i see many fervent chinese slinging mud on india!
From this i noted one thing..chinese dont like to be compared with indians :)...they somehow feel they are superior...if they feel so..so be it!!chinese feel that their worthy competitor is USA and hence dont give a damn to India..thats fine!..ur most welcome!
Comparing china and india is like comparing apples and oranges...so i dont think we should compare both.
We never know what happens in future!All we can do is wait and watch..and what makes me laugh is how people keep arguing which country is superior!
It is good that two nations with the largest number of poor people are developing...when then make fun of each other?
The Hindus,at the end of all prayers say "Sarve Jana Sukhino Bhavantu"..which means.."Let all the Human Beings be Happy and Prospersous!"
For some of you guys who made fun of Indians....Thank You for talking about our weeknesses!
I appreciate your feedback...and thanks for your Advice :)...but i think we Indians are wise enough to conduct ourselves and ours is also a 3000 yr old civilization which doesnot require any external quanta of Wisdom :)
This is second comment...interestingly..we Indians and Chinese dont see to get along well!
Both countrymen dont seem to identify themselves are freinds!
Why could this be?
Is it because of the 1962 Indo-China War??or is it more fundamental?
Indians and Chinese dont look like one another,dont eat the same food,dont follow the same religion,dont have the same belief systems and so on...
So i think in future the west will back India becuase it shares the values of the west.
This is evident in the recent Olympic torch issue when the western media took every opportunity to embarass China.
I once saw a BBC program India Vs China.In that program the British JOurnalist was constantly looking for the positves of India and negatives of China...a clear indication of the attitude of the west to India vs China.
To the west China has become what Russia was in the cold war era...i think this this is good for India...coz the west will get closer to India..and this is clearly seen in the US-India nuclear deal.Also US-India-Japan did joint naval exercises in the Indian ocean sending a signal to China.
The Bush Administration described India as a Strategic Partner but China as Strategic Competitor!
So some one asked how does Democracy matter?..well here is the answer..the west is getting closer to India because we have a similar system but it is treating China as an opponent because of its Communitst Regime..so bottomline...the West sees China as a threat but India as a welcome friend!
So if China grows the west will try to contain it while if India grows..the west will support it :)
vamsi, thanks for your comments. This article wasnt written to favor either country. Its an objective way of looking at two superpowers of the future and both countries should find ways to cooperate with each other afterall both are developing nation where each has yet alot of internal issues to resolve.
Both countries certainly had made alot of progress but still far from achieving the status of developed nation like its western counterparts.
Alvin, Vamsi....
You are both right that this was an impassionate comparison on the stats of the two countries. But what's the point then? See my first comment.....what's the point I had asked. I still stand by my first and biggest difference...FREEDOM OF EXPRESSION....
Have you seen or heard the voices of people who are protesting sweat shops in China, people who are protesting China's pathetic human rights record. NO...those voices have been snuffed out. So what point is there in comparing these astounding stats....
I rest my case....
Anon...please go back to school and learn grammar again......it is pathetic...
Ha ha ha !!!
Best Regards
Sundar,
I think Chinese people both in China and outside are kind of tired of Indian nationalists always saying the same things about indian democracy, innovation and larger younger population, better project management skills, and english. The past 6 years have been great for Indian IT Outsourcing so alot of the arguments come from Indians who are in IT. To some degree this is used to counter any effort for multinationals to outsource to China. But the issue to be taken for Chinese people versus China Communist Regime is that Indian nationalists start attacking Chinese culture and characteristics . Seriously, Communism suck but Chinese culture has been around just as long as Indian. Communism may disappear when China continues to open up and when the standard of living develops in a developed country. With that means better informed leaders for tomorrow for the government. America, a little over 100yrs ago was the wild wild west where anything can happen. Germany was a fascist, racist country that killed millions of jews just 50+yrs ago. China will change with more trade and continue opening with the rest of the world. Historically, this was the case but when foreign invasion (Boxer Rebellion) occurred, China closed doors and mistrust of foreigners occurred deservedly. Internal civil war occurred with Nationalists and Communists. The Communists won b/c the Chinese people wanted the Nationalists out due to a corrupted democracy. Yes, China had democracy prior to Communism and after the downfall of the emperor. Unfortunately, widespread corruption where only the rich benefited (much like India today). This is why Communism won out. China may have another chance for democracy but it will have more checks and balances against corruption. Still, the country has removed over 400mln people out of poverty. India, with great promise in IT outsourcing has helped alot of its people as well. But the argument of freedom of expression versus starvation and suffering is very easy to answer. Freedom of expression is temporary (the communist may disappear in 20yrs) but the caste system with untouchables have lasted over 6-7000yrs. India with Brahmans have privilege to IT jobs only for the few but the vast majority will always be poor due to the history of segregating people based on money and caste rankings. Please Indian people, do not deny this and try to understand it for what it is. Chinese on the other hand have a culture of equality for both men and women and this shows in literacy percentage, women engineers, entrepreneus and goverment officials. Indian billionaires are all dominated by men and most highly-educated Indian women after graduating from good schools become housewifes. Indian wives get stoned to death of they are from different clans or if they did not provide a big dowry. Can you argue this? In this case, India have several dichotomies of being a democracy while still remaining a backward country, with traditions worse than being in a modernized communist country. So back to freedom of expression, how can a untouchable express their freedom in the invisilbe jail created by you Brahman that has lasted for thousands of years? =)
chinese and indians should get along and make a better world. be oil independent, create a new world where Asians are respected just as much as someone from Europe or America and start a new century of promise. Forget the stupid differences as both countries are big and with alot of history, good and bad. Indians please do not talk so negatively of Chinese and Chinese please work with India to make a better world for the future.
WHY INDIA IS BEHIND CHINA?
there is only 1 reason:-it opened up its economy 14 yrs after China so India is obviously 14 yrs behind China.
WHY INDIA WILL SURPASS CHINA?
people make the nation:-
1.India is far more younger than china.
2.india's lucrative market is eternal due its growing popl while china's will perish 10yrs hence.
3.India is a STABLE democracy.
4.Demand of Indian goods is increasing @ 35% in Western Market while China's is decreasing @0.4%(due to its cheap quality).
5.Growth of manufacturing sector in INDIA is around 14% while in China is abt 8%.
6.India has a developed Service sector(second after USA) while in China it is nascent and struggling.
7.Mumbai is ranked 10 in globa fin flow while Shanghai is 23(money goin in and out).
8.India's infrastructure sector is faster than China but still in a catching up stage.
Indians always boast about their so called democracy. You have achieved nothing and all you Indians do is talk and no action. Largest democracy? Sure. But also the country with highest rate of its population under poverty. A good example of a democracy is America, Australia, France, Japan, etc. Not your pathetic country (Some of you seem to think being the largest democracy is great).
I've been to india and I see beggars and animals roaming the streets in large numbers. Your cities are dirty and some of your people are rude with no comparison.
Here in Australia you account for over 70% of the cleaning service/cleaners work force (Australian Bureau of Statisics).So stop boasting, Everyone and I mean EVERYONE knows that Indians are well known as cleaners or call centre operators (at least in Australia). This is a wide generalisation known to many people here.
To - William
Don't put up false statements and please don't pretend to be an economist as it is clear you're not. You just made yourself look like a fool.
1.)Indian is NOT younger than China. They're a civilisation with a history of over 5000+ years.
2.)In 10 years, China will still have more people than India. Get your facts right. In 2025 India will have a higher population.
3.)Democracy? It doesnt mean India will be superior. Your a fool...
4.)0.4%? Where did you get this figure? China's cheap quality is still better than India's quality since they can't even make anything. 35% of 'nothing'?
5.)14% growth in manufacturing. Great Start. On the other hand, 8% growth, when almost everything is already made in China is even greater.
6.)NO!India is no where near second in service sector. It's Europe and Australia. Get it right!
7.)NO!Now,Im 100% sure you're not an economist. Go to any economic/business focused websites and it will show you that Shanghai has a higher flow of 'hot-money' going in AND out.
8.)Dont compare Indian infrastructure to China's since China's infrastructure is way out of India's league. We all know that...This last point you made truly showed that you're no economist since China's 'OVERWHELMING' superior infrastructure is one of the key points as to why China has a much higher FDI and cashflow for that matter.
You really sound like an Indian posing to be an economist to belittle China's achievements. I guess some people are just jealous.
I am an Indian and believe it is a sad thing when two obviously important nations which are so close to each geographically distrust each other so much.
Both have a lot to gain by trusting each other and keeping good realations.
They have common objectives
-----------------------------
Both China and India have large populations and rich cultures and tradition. Both have passion to prove to the rest of the world that they are leading powers and want to gain back the respect and status they had the past.
They can be good trading partners
----------------------------------
Both have large populations and are thus huge potential markets.
Gong forward, India's huge population will make it a more lucrative market for China's manufactured goods than the developed west. I think the vice versa is true, if one looks at certain sectors like pharmaceutical industry where India may be slightly ahead.
The point is, natural market economics will force each to specialize in certain kinds of goods and services.
Therefore, both will gain by working closely with each other because in the long run they will become potential markets to each others services and goods.
I am an Indian and believe it is a sad thing when two obviously important nations which are so close to each geographically distrust each other so much.
Both have a lot to gain by trusting each other and keeping good realations.
They have common objectives
-----------------------------
Both China and India have large populations and rich cultures and tradition. Both have passion to prove to the rest of the world that they are leading powers and want to gain back the respect and status they had the past.
They can be good trading partners
----------------------------------
Both have large populations and are thus huge potential markets.
Gong forward, India's huge population will make it a more lucrative market for China's manufactured goods than the developed west. I think the vice versa is true, if one looks at certain sectors like pharmaceutical industry where India may be slightly ahead.
The point is, natural market economics will force each to specialize in certain kinds of goods and services.
Therefore, both will gain by working closely with each other because in the long run they will become potential markets to each others services and goods.
Difference between China n India:
1) China wants to restore it's past glory as the middle kingdom; India wants to be accepted by the West
2) Chines are pragmatic; Indians are hypocratic;
3) China homes are clean; Indian filthy.
4) Chinese are hard-working; Indians are mostly lazy;
5) Chinese walk the talk; Indiana talk the talk;
6)Chinese are confident; Indians are trying to be confident.
Thanks for your comments and critical comparisons of the two economies. i think I have had enough
Haha this is halirious. China is hell bent on beating the US at everything while Indians are hell bent on beating China. Well at least the Chinese managed to win more gold medals in the Olympics. Indians on the other hand are still worshiping so called 'democracy' that the British left in order to keep you down. Divid and Conquor baby. If you have any brains you'd be getting rid of this silly democracy and persue real developmental agenda. Lets see which democracy from the 20th Century made it from 3rd world to 1st? Thats right NONE! Which became rich under Autocracy and got democracy when they DESERVE it? Loads, Singapore, South Korea, I'd include Japan as the economic took off during the provisional government of Gen McArthur. You see silly Indians, supporting authoritarian regimes is the fast track to genuine democracy amounst EDUCATED citizens with assests to protect, not illiterate and starving serfs.
Its indeed hilarious to see citizens of two giant nations arguing why and how their respective countries are the better agents of global destruction. There can be no better example of "racism" (pun intended) than this!
The high pedestal Indians and Chinese here have taken by claiming to compete in the field of "eradication of poverty" is the moral equivalent of the US's war on terrorism!
We have convinced ourselves that the way to happiness is certainly the US (the western?) way, without giving a thought to the fact that a behemoth like the US -- with a fraction of our populations -- uses up close to 40% of the world's resources to sustain the much-paraded economic system. Slow and steady destruction is the mantra I guess.
Someone spoke about lack of beggers on China's roads. Yes, there probably are none, because in all likelihood the roads have been conveniently "cleansed" of beggars. Someone else spoke about democracy in India. Yeah right. The kind of democracy with over 25%of the decision makers in the parliament with criminal records of the worst kinds and with an impotent electorate.
I am really amused at the brouhaha among Chinese and Indians at who will win the race on the path to perdition!
Have fun guys...
its interesting to see just some statistics which suits the blogger and then to imply that it is objective. The hidden agenda is to show China much more superior. This comparison looks to me like the fool who crossed the river which was 3 feet deep in avarage and drowned in the middle nevertheless. Maybe China is superior, superior in killing its own people. Mao left a blood-bath in the population, more than 40 mio. Chinese killed ! This could have never happened with a free press source: http://users.erols.com/mwhite28/warstat1.htm
chinese lack freedom they can only say they lost their freedom once they experience the taste of freedom so u can come to india or any other democracy and learn how it feels to be in a country of freedom to talk to boycott against wrong things of governmen.
Indians are taught to be nationalists against Chinese as they always refer back to 1962 Border war. Chinese also do the same with Japan. The difference is Japan actually killed millions, occupied China, Korea, Phillipines, Vietnam, Taiwan, Guam, Indonesia. Indians have an innate hatred towards Chinese that most Chinese do not understand and confuse for competition. Most Indians hate Chinese. Chinese on the other hand do not hate Indians. Additionally, Chinese do not think they are more superior, its just that Japan and the US was always there on their radar first as far as competition. I think most Indians are brainwashed to hate Chinese by their own government so that they don't have to deal with the real issues: lack of employment, illiteracy, poverty, overpopulation, pollution and government corruption. If Indians would wake up and learn to work with Chinese instead of hating Chinese, then Asia will rise together. Trade between the world's oldest and most populated civilization should be natural. It doesn't make sense for Indians to persist with unnecessary hatred and chest thumping about more IT service people, freedom/democracy, more younger people, etc, etc. Yawn, we get it. Can't we just be friends and get along. Imagine the possibilities of a united Asian world that doesn't have to be looked down upon and is respected by all. No longer be considered Third World but be the leaders of the new world. Let there be light for all to see that a peaceful Asia is the best route for you and your descendants.
I am an Indian but more importantly I would like to be objective about the comparisons between China and India. Since I have lived in India, visited China on numerous occasions and now live in the United States, I will say that China is ahead of India in many categories related to Economy. As for India, the two major "wins" are its youth and English speaking population (exports,service sector,western nations) China on the other hand is more disciplined in its manufacturing base (only because of govt,laws,rules and regulations) India being a democracy allows for (strikes,disturbances,refusal to be disciplined) free market economy. All said both nations have a lot to offer the world but the fundamental part of living, working is to do what you want to do and that is not an option in China for the Chinese. While they, the Chinese have better missiles, larger army, greater amount of acreage of land, they do not have the principle of being free and having the right to choose what they would like to do. In life there is something called FREEDOM and what are you willing to pay or sacrifice for it?? that is your answer of why being Indian or Chinese or India or China is better. Can you decide, can you choose, can you write your own destiny (In United States you can and in India you can!) Sorry China, you dont have that choice.
i'm a student in new delhi,india's capital.
first of all,i hate australians.they are sore losers.
i know chinese people are good and we indians dont hate 'em but our 40% of indias population is below 15 years of age as compared to china where most of them are getting old.
All the predictions that are made of the economy and all of india are not made keeping in mind this point and i strongly believe that we will surpass chinas economy in 50 years.
chinas infrastructure is better,but if you come to india by 2020,it would be better than chinas!!
while,in 1990,50% of indians were below poverty line,now only 25% are poor..
and india has 56 billionaires which shows how hard working indians are.
the literacy rate in india is 75% whereas 50 years ago,it was less than 40% due to the colonial rule.
so you can get a brief idea of indias future!!
but i believe that china and india should join hands and rule the world!!
namaste,
gunit
and by 2040,indias literacy rate will be 95%!!
SEBASTION S
Why the hell are you so proud of being an Australian and abusive about the Indians....you got any personal grudges against them or what....you said that 70% of the cleaning work force is of Indians....Just think if they all leave your so loved AUSTRALIA would be dirtier by 70%...they're not stealing, they are simply working...
If you love the Americans and YOUR AUSTRALIA so much them why are your own homegrown companies offshoring their processes to INDIA...THINK ABOUT IT....IT'S A GLOBAL PLATFORM WHERE PEOPLE FROM ALL WALKS OF LIFE COME AND READ WHAT U HAVE TO SAY....SO you would look better if you choose your words carefully and respect others as well rather than vent out your anger and desperation here.....you can do that elsewhere as well, why degrade yourself urself in front of the world.....NOTHING PERSONAL BUT SHOW SOME DIGNITY...
dare i have a say here? regarding what some indians keep saying.
democracy (free press, free election, free this free that free anything...), IT sector (propably plus the whole survice sector...), younger population that will be larger than chinas in the future and therefore be good...and more over the west likes india more.
ok then can any indian enlighten me...
whats the difference between india and iraq (or afganstan). u both have free speach, free election and so forth u r both democracy now..THEN WHAT? nothing....exepct indias nominal GDP per capita is even lower than iraq.
IT? i never use anything IT wise from india and whats the big deal? none of chinese big companies using indian software...SO?? like its affecting anything. actually china has larger IT sector compared to india and that india looks better is simply coz inida doesnt have anything else and indians r indeed working in some english used companies in the west.(their language advantage that i m not denying...i dont see that a crucial advantage though)
more population...more young wokers in india compared to china in the future....thats a big deal...i was wondering how on earth can politicians in the US go sleep at night...havent they found that they only got 300 million people now. what a huge crisis!!!lol. i m sure the aging US is doomed to fail from an indian point of view.
yes let westerners be afraid of china. i m actually flattered to be able to see my nation competting with nations like the US. believe me my indian friends. there is no 1 country in the world can be a 'partner' of the US. when the US saying the word 'partner' it means 'pawn'. seriously!!!tell me 1 example that is not?? the UK? japan? or iraq??
dare i have a say here? regarding what some indians keep saying.
democracy (free press, free election, free this free that free anything...), IT sector (propably plus the whole survice sector...), younger population that will be larger than chinas in the future and therefore be good...and more over the west likes india more.
ok then can any indian enlighten me...
whats the difference between india and iraq (or afganstan). u both have free speach, free election and so forth u r both democracy now..THEN WHAT? nothing....exepct indias nominal GDP per capita is even lower than iraq.
IT? i never use anything IT wise from india and whats the big deal? none of chinese big companies using indian software...SO?? like its affecting anything. actually china has larger IT sector compared to india and that india looks better is simply coz inida doesnt have anything else and indians r indeed working in some english used companies in the west.(their language advantage that i m not denying...i dont see that a crucial advantage though)
more population...more young wokers in india compared to china in the future....thats a big deal...i was wondering how on earth can politicians in the US go sleep at night...havent they found that they only got 300 million people now. what a huge crisis!!!lol. i m sure the aging US is doomed to fail from an indian point of view.
yes let westerners be afraid of china. i m actually flattered to be able to see my nation competting with nations like the US. believe me my indian friends. there is no 1 country in the world can be a 'partner' of the US. when the US saying the word 'partner' it means 'pawn'. seriously!!!tell me 1 example that is not?? the UK? japan? or iraq??
hey dude,u wre talkin bout the IT,so let me tell you china uses cheap IT products and india doesnt entertain china for the IT as u said.And comparing india to iraq,let me tell you in nepal the king rules and there is no freedom of expression or whatever & i dont think its a big deal coz most of the countries are democratic unlike china & that nepal also doesnt has.
i went to china last year and they are such big cheats.they sold a 1 dollar thing for 50 dollars.
and indias it is much larger than china & you are talking about big chinese companies,i ve never heard any chinese company which is an mnc &india has bigger & more companies as compared to china.you first go & refresh your knowledge and then post any comments dude.
and india doesnt want to be compared with any country,we know we are bigger & better is some way or the other.
and think before ytou comment.
To:Gunit
"china uses cheap IT products and india doesnt entertain china for the IT as u said."
- I'm sorry but I don't think any English illiterate readers here understands your grammar...What sort of cheap IT products does China produce? Please post your source.If you dont have any evidence you're just another fool trying to undermine another country's outstanding progress. It is India that is well known to make cheap IT products, cheap labour for IT, and cheap call centres...so stop making false statements and stop undermining another country when your country is just as bad or even worse...you're pathetic. If you don't believe this statement, go ask a ANY foreigner and they will support this. India= Cheap, low quality, crappy IT products.
China= Cheap toys, usually low grade products (you get what you pay for)
"comparing india to iraq,let me tell you in nepal the king rules and there is no freedom of expression or whatever & i dont think its a big deal coz most of the countries are democratic unlike china & that nepal also doesnt has."
-Again. what is your point, please speak in formal Enlgish, I can't understand the precise point you're trying to make. Even though India is a democracy yet China with a Communist government (Dont get me wrong I absolutely HATE communism)excels better in all fields in comparison to India.
"I went to china last year and they are such big cheats.they sold a 1 dollar thing for 50 dollars."
-Which part of China did you go to? What product was it? Their currency is Yuan and how can someone sell something worth $1 for $50? Use common sense mate; were they trying to sell you a pen,candy, ruler worth $1 for $50? Are you stupid enough to buy a pen, candy, ruler for $50? Don't lie, you've never been to China otherwise you would've known that they're known for cheap stuff, not the other way around. Grow up.
"indias it is much larger than china & you are talking about big chinese companies,i ve never heard any chinese company which is an mnc &india has bigger & more companies as compared to china.you first go & refresh your knowledge and then post any comments dude."
-No, it is you who need to grow up and research some fictious information rather than making false statements. For what it's worth, I'm an Australian and I've never heard of any Indian companies either. I only know Lenovo from China but that's about it. Company wise, China has higher FDI,they have a much larger banks, and they have much larger stock market, not too mention FDI and financial growth (will happily provide sources)
"and india doesnt want to be compared with any country,we know we are bigger & better is some way or the other.
and think before ytou comment."
- Yes, I agree both countries shouldn't be compared and yet you're the fool comparing India with China :)
India nor China is NOT the greatest country on earth...grow up and be realistic here...stop trying to be a patriot as you have only made youself appear as the 'idiot' child spreading false information.
Well, to conclude it is YOU who should think before YOU comment...Face reality, China is way ahead of India currently and your stupid and baseless comments here made you looked like an idiot.
Regards
-Sebastian S
what a interesting question...
I´m Spanish, i think my opinion may be objetive, at least more than being chinese or indian.
I don´t know so much about india, i can talk about china by a long experience.
China is actually bigger and better in almost that you compare, but China isn't perfect.
The first that you could never talk is about "FREEDOM and DEMOCRACY" in either growing countries.
A country with total FREEDOM and DEMOCRAZY, without a strong base, can´t grow.
You may try to control thousands of million of people, with democracy and freedom... sorry isn´t possible, although of course, it´s not equal.
China has a target, and chinese is identified by their government. Forget comunism or any other way to clasify governments, i spend long time in china and here i can´t feel anything related with.
A such target, cost big efforts and sacrifice.
The first to sacrifice is the democracy. You cann´t let chose, because almost government are at the end the same rubish. The only way to raise such a huge country with several parties, each one trying to go in different way. ( you may see how good is the economy in spain with so many parties... make me laught).
The world is full of hypocrisy, dont´t be so narrow mind, every country has it´s way, the human rights are fucked in almost parts in this world... and it´s always frustrating for any developed country (specially USA) to see how other which doesn´t follow their rules, are getting strong.
Chinese gov. doesn´t respect the freedom, you can´t say so much against them, make meetings.. ok, maybe you can respect it as almost chinese accept it and their country is going fine. Here you can see the magesty of the biggest human been creations, huge buildings and highways, surrounded by the poorest.
About electronics... sorry, india can´t compare with china. I´m tired of see indian buying electronic components here, even manufactoring.
I don´t discuss that india has industry and is growing, but the world of electronics is in china and surrender countries, as korea, japan, and if you wanna considerate as other countries, HongKong and Taiwan.
China is doing cheap, middle and high quality IT, Hardware, tooling, machinery.. everything that you can imagine...
Also getting knowledge and almost keep the cost.
You can´t understand a chinese mind, if you don´t stay here for long time. They think in grown, fight, work, go to the next level, sometimes the result is the only which matters.
Also china can´t get expensive so fast, for what the factories will move to india? Here as one poor family, working 10 to 14h get money to open their own biz, other 100 workers are waiting to get his job... maybe you can't imagine what's thousands of millios of people living in similar culture and speaking the same language, without any barrier...
The BIG problem that i can see in china is the environment care. I don´t know if the cost to repair it will make them lose a big part or fully their grown.. as they care only the result, they don´t check so much the way, it may be a problem.
I trust they´re already working on the pollution...
I don't really see anything which Indians can brag about. Enough has been said and shown everywhere in the internet world on how far ahead China has been ahead of India. For India to make real progress, it is really not the right attitude and mindset to find excuse for why India lagges behind. One such excuse being that India opened its economy more than 10 years after China did. Such an argument totally ignored the fact that India had always had a private industry sector prior to its opening the economy, whild China had zero private sector in her economy before 1978 for decades. This argument also omitted the fact that India's economy always had some degree of exposure to the west for decases before its full-swing openness, while China had almost zero exposure to the west economy before 1978 due to the communist revolution. Have you ever heard from Chinese using this as an excuse for its lagging behind?
China, unlike India, had to rely pretty much only on herself to develop its economy. A few quick facts:
China is one of the dominating force in the World Olympia Math Competition.
China is one of the dominating force in the world olympia sports.
China built its supercomputers in 90's which are among the top 10.
China tested launching ICBM from its nuclear submarine in 1980s.
China has had her manned space mission and space walk, only the 3rd nation to do so.
For none of the above, India has ever tried successfully. Period.
Either Brain or Brawn, can Indians match? Not a chance for Indians!
GDP of China is almost THREE times that of India!
China has been dominating world math olympics soon after joining the games around 1980. India, with its huge population, has been ranked even far behind tiny Singapore, Taiwan, HongKong and View Nam!
China started joining World sports Olympics games in 1984 for the first time, and soon became one of the dominating forces in the world. Where is India? Well, it's again somewhere far behind tiny Hong Kong, Taiwan, Mongolia, Greece, and so on! A tiny South Korea can beat India many times in sports!
In 1962, India really shocked China and the world by how easily a country with huge population like India can so easily be defeated within hours.
China had a manned space mission years ago, India never did.
China had a space walk, India never did.
China built its own nuclear submarin in late 1970s, India never did successfully.
China had ICBM in 1970s, India has not even today.
China built supercomputers which at one point ranked among the top 5. India has never shown this capability.
India's software industry is a myth. India does not own any proprietary rights to any major software products or standards; In this area, China does have far more. India only does low tech call center and primitive coding, which only requires a high school equivalent education. Simply being placed with more outsourcing does not qualify you as a major software player. You just can not say India has better software industry than US, Russia, China, Japan, Britan or Germany just because you received more outsourced call-center assignments because the cost of doing so in your country is much lower!
My indian friends, wake up! Do more and talk less! It is no secret among other peoplels that indians brags a log but are short in delivering. India can do as well as others, but only after you recognize where you are short, where you are behind, where you screwed up, and where you need to make real effort in doing instead of talking! Talking in the call-centers can only bring you this far!
The only area where India is sure to surpass China by 2020 is: population.
An interesting question: China's own GPS will cover the whole globe by 2015, it is as of now already providing a lot of service. Does India has a similar one in service?
Forgot about India and china...both these countries are working well for their goal...and both these nation fight each other to become...don't follow any statics...it is only some thing you can show in paper...any way this healthy competition is good for both countries....what is here happening is India and china slowly eating whole world and others don't understanding it...both country got very old historical background...even 6000 years before they r here and will be here always...with in 50 year glory will be in Asia...i don't know what will American European and Foolish Australian will do then...Indian or Chinese economy will never open to these people who don't know how to respect their family and people....
I just feel sorry about west...
Forgot about India and china...both these countries are working well for their goal...and both these nation fight each other to become...don't follow any statics...it is only some thing you can show in paper...any way this healthy competition is good for both countries....what is here happening is India and china slowly eating whole world and others don't understanding it...both country got very old historical background...even 6000 years before they r here and will be here always...with in 50 year glory will be in Asia...i don't know what will American European and Foolish Australian will do then...Indian or Chinese economy will never open to these people who don't know how to respect their family and people....
I just feel sorry about west...
Chinese are atheist but Indians are not.Chinese are good labor and so are Indians. Indians are #one in computers. Somebody mention something about IQ and Indians have better IQ then Chinese. In US, Indians are more successful then Chinese because they don't just focus to open Chinese restaurant. They open IT services or trying to be CEO of major companies. The population of Indian doctors in US is much more higher then Chinese (all Asian) together. CHINESE ARE JUST GOOD IN LABOR. Manufacturing and shipping.
Seriously, what's with all the hate? In the words of Rodney King, "Can't we all just get along?" Obviously two of the oldest civilizations who have grown side by side for thousands of years can continue doing so without taking these swipes at each other. It is from both China and India that some of the the most respected philosophies about compassion and respect have originated, yet the citizens of these countries can't seem to benefit from their wisdom.
All countries have their strenths and weaknesses, and while it is always easier to promote yourself by pointing out the weaknesses of others, you allow your own flaws to go unchecked.
As a person of Chinese ancestry, I suggest to Indians and fellow Chinese all over the world to stop pointing out each other's flaws with the intent of promoting one nationality over the other, but rather learning from each other's strengths and mistakes. Only then, will we truly be worthy of the status we both strive to obtain.
According to the 2008 data from IMF,GDP OF USA is 3.2 times bigger than China's, While China's GDP is almost 4 times bigger than India's.
Amerian often think China is far behind before China be a rival, but they are high interested to put Indian ahead of china as chinese opponent in their propagandas.
CHINA VS INDIA topic is just western trick which western medias started. they are so afaid of China emerging as a superpower. they try all the ways to restrain china's rise, and they want make the whole world hate china and chinese. they just want india, the big neighber of china, become a enemy of china.
Indian believe every words western said, that's a sad thing.
According to the 2008 data from IMF,GDP OF USA is 3.2 times bigger than China's, While China's GDP is almost 4 times bigger than India's.
Amerian often think China is far behind before China be a rival, but they are high interested to put Indian ahead of china as chinese opponent in their propagandas.
CHINA VS INDIA topic is just western trick which western medias started. they are so afaid of China emerging as a superpower. they try all the ways to restrain china's rise, and they want make the whole world hate china and chinese. they just want india, the big neighber of china, become a enemy of china.
Indian believe every words western said, that's a sad thing.
I am french and i think India is better then China do you ever heard story rabbit and tortoise. Chinese are not loyalist to any one they are looking for other countries lands always they are hungry about land. and about hard working they fuc**ing developed all cheep products from hazardous chemicals.
China is ahead of India in almost all fields.
okay i agree that and it's evident from the info. above.
nothing needs to be said,,,,,,,,
congrats u chinks!
but indian girls are hotter!
indian food is better!
life in india is better!
the gdp per capita in india is low but for the indian level its sufficient to lead a comfortable life in the villages
as the incomes are low the prices are low as well so the people are happier! :DDD
a comparision is not required as india will take its sweet time to grow as a super power just as it had the highest gdp from the 1st century to the 18th century,
it will become the leader of the 21st century in the coming years!
:DD
I am a Chinese living in the US. I believe China and India should (and can) somehow work together. I have some Indian friends here who are very smart and successful and they have similar views as I do - The western world led by United States is way ahead of China or India or any other countries in term of global competitive strategy. Comparing to them, we Chinese and Indians are just making baby steps. Look at the facts - just in several years, through all the western resources and channels, the western media machines, their thinking tanks, their governments and others, they have sold this China-Vs-India thing to the rest of the world and easily turned India against China. I say "turned India against China", instead of the other way around because Chinese don't hate Indians but most Indians are still in the shadow of the 1962 border war. Maybe Indians don't like what I will say here - the Western is using your "the sore loser want to try it again" mentality to game India and China. Well, why can't you beat their expectations this time and show them your true color. Same thing to the Chinese, why can't we applaud our big fella neighbor's achievements and say let's work together toward a common goal? One more thing for Indian folks, check all the Indian thinking tanks, medias and former government official who are hyping this China-India rivalry, look at their background and financial flows and I am sure you will find the big western hand (visible or invisible) behind them. Of course, once they plant this hatred seed into the heart of most Indian people and cause the counter-attack of the Chinese main stream population, it will become self-propelling. This thing is very tricky and dangerous to India and China. If you still indulge yourselves in the stupid debate of "who is the future star", disaster instead prospect is waiting for us, both China and India. Some words to some of the young generation Indians here, if you haven't visited China and just comment on your big neighbor by borrowing words from the media or out of your own imagination, it is foolish and irresponsible. Talk is easy. It is delivering that is the most difficult and important. Same words also apply to the Chinese "Fen Qing".
Just a quick comment on "democracy". It is just a political system, not something divine or invincible. Every system has its pros and cons. There is no "best system" from a historical perspective. Don't believe that democracy is superior and will be the best system forever. Thousands of years ago, they think the slave system was the best they could have and wished it last forever. The word "Democracy" is not even in the constitution of United States because the founding Fathers worried about the devil in democracy which is "the tyranny of the majority". Once this devil craw out and people can't control it, it would be a disaster. Also, democracy is a western culture, what about Indian's own culture? I believe we can find a better system in the future, once system that can give you efficiency, fairness and also can avoid tyranny. Again, this "Universal Value" thing is just another propaganda of the western. But there is nothing wrong for them to do that because every country should use the best strategy for its own benefit. My question is what about India's benefit and strategy? Is it to your best interest to mess with the Chinese? Same question to the Chinese.
India and China have to work together. We are two Asian giants and we must cooperate for the greater good of our people. We have much to learn from each other and this silly rivalry will only weaken us both. Like brothers, we must resolve our differences by mutual dialogue and discussion and not air our differences in public. I believe both our governments and the vast majority of Indians an Chinese want to have friendly relations with each other. Unfortunately a few individuals on both sides create all the trouble....
i think both the country should live in harmony so as a whole these 2 asian giants could rule the world with peace and prosperity
long live china and india.
no hard feelings
So good topic really i like any post talking about Ancient Greece for Kids but i want to say thing to u Ancient Greece not that only ... you can see in Ancient Greece Demography and the Spartan Economy and more , you shall search in Google and Wikipedia about that .... thanks a gain ,,,
Post a Comment