Compared to our growth in China, India

China's economic growth in recent decades, a large scale. Although India's economic growth during this period can not be compared with the number of terns of the Asian countries. The two countries have 1300000000-1200000000, respectively, the largest population on earth. China has more than 1 billion more than the United States the third largest home.

China's economy grew by 10% per annum during the 20th century, 90 years, this growth continues to rise自从. It is currently the third largest economy after the United States and Japan, overtaking, and is expected to be in the next two years.

This happens, growth in China for several reasons. A population of only the existence of a considerable advantage, that is why it is such a rapid growth possible. The Government's stimulus to some extent help with a number of cash flows of infrastructure and transportation. There are many investment opportunities for foreign investors. AnotherThe main reason is the enterprise into the country of cheap labor. It is used by the major apparel companies, one in the country produced the world's largest apparel part number. Have made the biggest growth areas. This means that foreign companies can establish their own clothes to China cheaper, rather than in their own national production. Some companies have been criticized for the poorThe working conditions of workers, because it is not the same as in other parts of the same rigorous standards. The lower the cost of living in China, that the employee does not require the same wages, thereby reducing costs for enterprises.

India is not the case, because China's growth, but it has by increasing the cheap labor it provides. Several call center moved to the country in the past decade. Some companies have received criticism for several reasons. One of them is that itContinuously to help people lose their jobs elsewhere in the name of greater profits. Another reason is that it means the user does not speak in their own country people, that is, they do not speak of people to solve their direct inquiries.

Call center in China clothing company, which is equivalent to foreign companies when it comes to the use of county labor force. The main reason our economy than India, the tremendous technological advances in plantOccurred. It is in this respect between the two countries vary widely. India does not have the same public investment will not be. It is also still relatively rural areas, in China's urban mass migration. They are examples of in accordance with the West more and more with Beijing, Shanghai and other big industrial city. It was also suggested that the stability of our government played an important role in the economic situation does notBy political changes. Does this mean that democracy is the economy bad?

The recent global economic recession, but has affected to China. It is growing so fast, it needs to have a impact. However, it is faster than many other countries, once again, in part because of state intervention and partly because its economy has been so much.

© Andrew Marshall