India should avoid becoming in respect to China, what Pakistan became with respect to India. Becoming a trade partner of China, and a healthy competition between India and China, will be in India's benefit.
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Pakistan‘s economy did better job than India for the past decades. It is just dragged behind by the anti-terro war.
Comparing with another neighbour, Sri Lanka's GDP per capita is about 2 times as large as India's. Incredible?
Does it matter with per capita?
Even Qatar has more than twice of the income per capita than US.
BTW, Japan's 2011 per capita will only be 8 times to that of China.
Is that we were talking about?
In South Asia, India's GDP per capita is only significantly higher than Bangaladesh. But that's because the Indian invade and robbed the country in the past.
I was replying because Few people were talking on those criteria.
China and India both are growing very well. China economic reform started a decade before India so the difference. Our GDP is getting double in every 5 years. We are 10 years behind. We agree on that. I don't think anyone has any doubt on that. We are not comparing with U.S. but at same time comparing with many south Asian is also absurd.
In South Asia, India's GDP per capita is only significantly higher than Bangaladesh. But that's because the Indian invade and robbed the country in the past.
Comparing yourself with a country that produces 10 times more steel, automobile and electricity is even more absurd.
On West side, China GDP is worst.
Japan 10 times bigger than China.
S.K. 7 times bigger than China.
Taiwan, Philippines, Singapore are also 20 years ahead than China.
I think, Only Vietnam is behind China.
East coastal area of China have a GDP per capita of 10k USD. And Philippines is a country exporting home servants to our cities. The province with lowest GDP per capita is higher than that of india's. Even People in Tibet is richer than India.
That's exactly what the Vietnamese and Mangolians think of you. That you have better GDP coz you robbed their wealth.
50% Chinese population living in coastal area. So if 10k per capita then it means 700 Million Chinese per capita is only 1,500 $.
Think before you post.
In South Asia, India's GDP per capita is only significantly higher than Bangaladesh. But that's because the Indian invade and robbed the country in the past.