Re: Can India overtake China is coming years?
Chinese started economic modernization newly two decades before Indians did. right now India is behind china and will remain at that position for time to come. both countries are economically each other’s very good partner, Chinese are Indians number one partner and despite diplomatic and strategic problems they are able to find commonalities between them, it is sufficient to believe that Indians and Chinese know worth of each other in the economic department. another point worth including is the way India and china supported each other in Copenhagen climate summit :k:
for indians, rather than overtaking any country in future, we should look at means to improve ourselves and set benchmarks to improve our standard, competing with china is meaningless because china is not utopia. gini coefficient reveals same income disparity between groups, it is better that india should learn what Chinese are doing better than others and did better than others, china, india, pakistan and israel started together and see how differently we are positioned in the world economically, there is lot to learn from each other than simply comparing and competing.
the very same calculation was thought about japan vs china few decades ago. right:blush: