Now days there are much more talks going regarding comparison between India and China.
I read a book Ragav Bahl's, which give me more clear idea regarding both countries. Below are some points from this book.
:: POINT 1 ::
In 2050, 300 million of China's 1.4 billion strong population will be over 65.By 2020, India will have a surplus of 47 million people of working age, the only major economy to do so.
:: POINT 2 ::
India's defence budget is $30 billion, as compared to China's defence spend of approx $200 billion a year.China consumes half the cement, a third of the steel and a quarter of the aluminum produced in the world.
:: POINT 3 ::
There are more than 100,000 Indian students in the US, closely followed by almost as many Chinese students.China claims that 120,000 sq km of land that India calls its, actually belongs to China.
:: POINT 4 ::
China and India added nearly half a trillion dollars to their combined GDP during the global recession.China spends an average of $1 billion a day on developing infrastructure.
:: POINT 5 ::
China today is investing nearly half its GDP; no other economy, at no other time in history, has invested capital on that scale.Nearly 58% of India's GDP is consumed by over a billion people, giving the country an organic strength.
:: POINT 6 ::
10 of the world's 30 fastest growing cities are in India; its urbanization rate at 30% is accelerating.With 350 million people proficient in English, India is the largest English-using country in the world.
:: POINT 7 ::
China has 13 times more people today than USA did in 1900, when it began its economic miracle.India is projected to be the world's third largest economy by 2050, behind USA and China.
:: POINT 8 ::
In 2009, China overtook the USA as the world's largest car market.India's GDP is now over $1 trillion; it is expected to double to $2 trillion by 2015.
:: POINT 9 ::
In the year 1600, China and India together accounted for more than 50% of the world's GDP.China successfully tested a nuclear device in 1964, ten years before India.
I read a book Ragav Bahl's, which give me more clear idea regarding both countries. Below are some points from this book.
:: POINT 1 ::
In 2050, 300 million of China's 1.4 billion strong population will be over 65.By 2020, India will have a surplus of 47 million people of working age, the only major economy to do so.
:: POINT 2 ::
India's defence budget is $30 billion, as compared to China's defence spend of approx $200 billion a year.China consumes half the cement, a third of the steel and a quarter of the aluminum produced in the world.
:: POINT 3 ::
There are more than 100,000 Indian students in the US, closely followed by almost as many Chinese students.China claims that 120,000 sq km of land that India calls its, actually belongs to China.
:: POINT 4 ::
China and India added nearly half a trillion dollars to their combined GDP during the global recession.China spends an average of $1 billion a day on developing infrastructure.
:: POINT 5 ::
China today is investing nearly half its GDP; no other economy, at no other time in history, has invested capital on that scale.Nearly 58% of India's GDP is consumed by over a billion people, giving the country an organic strength.
:: POINT 6 ::
10 of the world's 30 fastest growing cities are in India; its urbanization rate at 30% is accelerating.With 350 million people proficient in English, India is the largest English-using country in the world.
:: POINT 7 ::
China has 13 times more people today than USA did in 1900, when it began its economic miracle.India is projected to be the world's third largest economy by 2050, behind USA and China.
:: POINT 8 ::
In 2009, China overtook the USA as the world's largest car market.India's GDP is now over $1 trillion; it is expected to double to $2 trillion by 2015.
:: POINT 9 ::
In the year 1600, China and India together accounted for more than 50% of the world's GDP.China successfully tested a nuclear device in 1964, ten years before India.
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