The world's two fastest growing economies with the world's largest populations, India and China, appear to have reached an economic face-off in the battle for Asian supremacy. The giants have huge mutual export amounts, but it is mostly raw materials on India's part, while China sells manufactured goods, which is putting New Delhi at a growing disadvantage. But where India led the way in IT and back offices, China raced ahead in mobilizing its masses onto the factory floor, fueling a huge trade deficit and a reality India is forced to accept. "China is known as the manufacturing hub of the entire world," admits Swaran Singh, Professor of international politics, organization and disarmament at Jawaharlal Nehru University, New Delhi India. "A lot of people believe that the whole developed world is using China for manufacturing because they are using their environment, their resources and their labor to produce things that we will utilize." India boasts world-class space and nuclear programs, yet struggles to create everyday jobs making everyday goods. Something a cotton tycoon that talked to RT knows all too well. It is cheaper for him to export to China to get the job done, then let India buy it back.
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@xiaowushuang
compared to what we were in 1947, we are much better off now, and moving in positive direction.. so if you laugh at us, you get laughed back equally.
google search,
GDP projections from PwC: how China, India and Brazil will overtake the West by 2050
IndiaMarchingAhead 1 hour ago
@IndiaMarchingAhead I don't deny that .What i laughing is that your india is poorer than China but you still laughing at China .Understand?
xiaowushuang 3 hours ago
@xiaowushuang funny??
what is the rank of china in GDP per capita
around 90 ..no?
IndiaMarchingAhead 3 hours ago
@IndiaMarchingAhead Wow,properly this is the most funny joke I ever heard because a Indian say China is poor !
Where do your confidence comes from ?
xiaowushuang 4 hours ago
@xiaowushuang
feeling is mutual. & who cares about you poor Chinese?
IndiaMarchingAhead 4 hours ago
@IndiaMarchingAhead We don't care the billionaires'number .Because you maybe also know the more billionaires the more poors!
xiaowushuang 5 hours ago
Dragon vs Pussies
Lasciviousify 22 hours ago
@xiaowushuang similar is the situation in india.
for your knowledge, there are more billionaires in india than in china.
IndiaMarchingAhead 1 day ago
@IndiaMarchingAhead Yee ,but there are much more nets about india child labor .
See ,now most of Chinese family have only one Child ,Parents treat their only child like their eyeballs .
But what about india ?Anybody know !
By the way ,i have seen some persons go to work after middle school in China. That is because they have nothing to do not for necessary !
xiaowushuang 1 day ago
@xiaowushuang ha ha ha
net is full of documents on child labor in China,
if you do not admit it, means that you are owned
IndiaMarchingAhead 2 days ago