Is an India-China arms race brewing?

[Punjabbi Munda]

both India and China should now consider reviving their economies..
India has dipped to 6.1% While China is at 7.5%
China’s 7.5% Growth and the Rest of the World - 24/7 Wall St.
Both need to revive,to keep the 'Asian century' aspiration alive.

 

[Paan Singh]

Military spending between Indian and China (or America) is different. China and USA both has their own military industrial complex and research facility. So military spending goes toward creating manufacturing and research jobs.

Indian military spending are spent on imports, and the money goes toward creating jobs in Russia, France or Israel.

still you are ignorant
i dont know why u dont have knowledge about india after being on this forum

 

[Jackdaws]

Military spending between Indian and China (or America) is different. China and USA both has their own military industrial complex and research facility. So military spending goes toward creating manufacturing and research jobs.

Indian military spending are spent on imports, and the money goes toward creating jobs in Russia, France or Israel. And the money spent doesn't generate technologies that could be potentially used to improve the economy.

So in reality spending to GDP ratio is worse than they are advertised.

Absolute hogwash. Chinese research is a joke - scrapping off "Motorola" from a microchip and parading it to the world media as a Chinese chip does not amount to any R&D prowess. It is one thing to sew some Nikes and put together an Ipad based on American technology; quite another to actually generate real industrial products. We have seen even in India the kind of hi-tech products the Chinese export - even their buses break down.

IIT to help examine ‘dodgy’ King Long bus fleet in Mumbai - Mumbai - DNA

 

[SinoChallenger]

both India and China should now consider reviving their economies..
India has dipped to 6.1% While China is at 7.5%
China’s 7.5% Growth and the Rest of the World - 24/7 Wall St.
Both need to revive,to keep the 'Asian century' aspiration alive.

LOL China had 9.2% growth in 2011. The new figures are already out. Our inflation is about 5%, so our real growth is ~4.2%. india recorded 6.1% growth and your inflation is double digit, so your real growth is negative at ~4%.