India vs China: India has these advantages...
India has these advantages over China as reported by cnn on October 4th 2005
India and China: Rivals or fellow 'tigers'?By Marianne Bray CNN
True, India has some advantages -- it has a strong technology and service industry, a relatively efficient capital market with a long history of banks, a strong private sector and legal framework, a younger workforce, a growing population, and a great university system.
India and China: Rivals or fellow 'tigers'?By Marianne Bray CNN
True, India has some advantages -- it has a strong technology and service industry, a relatively efficient capital market with a long history of banks, a strong private sector and legal framework, a younger workforce, a growing population, and a great university system.
India's capital market and strong entrepreneurial culture mean that companies tend to have a higher return on equity than China, the ultimate driver of profitability, and so attract higher prices, experts in the field say.
But red tape, corruption, tough labor laws and bureaucracy all deter investment, leaving a woeful infrastructure and a lackluster primary education system.
1 Comments:
Well to me the best advantage that India has over China is democracy. I know most Indians are cynical about their political class but atleast Indians have the opportunity to get a govt of their choice. As far as China is concerned, even though they have it great right now, but if things get bad sometime in the future a la SE Asia there is a real chance of it to implode both economically as well as politically
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