China and India - the most powerful success stories of this century

Résumé du document

India, like China, progresses quickly but China more than India. On the basis of an income per capital, identical to that of India, it is now in China twice that of India. The expeditious methods which serve China are also those which threaten it. On the contrary, the slowness of India guarantees its stability.

Extraits

[...] A national feeling developed in the fight for the independence and which is combined with an extraordinary vitality. Important common features: Populations of India and China are young and undertaking and the promise, in the term of two or three decades, of a control of demography, that nobody anticipated. The middle class will be soon as important as in Europe, a passion shared for Internet and will to take part in the numerical revolution. On both sides, an enormous potential, without equivalent elsewhere in the world; massive problems, for example in connection with the conjugation between development and safeguarding of natural balances; and all unpredictability of companies which were put moving But China is today, the world attractile main thing of industrial production and financial resources. [...]

[...] All is slowed down by it, the procedures and the decisions; the autonomy of the States which make India, still adds to the difficulty of undertaking there. With the difference of the Chinese engine, that of India east at four times: discusses, decision, election, application. But, favours for India, globalisation is a democratic choice, ratified by successive majorities, undoubtedly irreversible. Do the Indians have rights? But, the foreign companies also, guaranteed some by the law, of the judges and the independent media. This freedom, clean in India, clarifies the taste for the innovation, if proclamation in its industries of information and rather untraceable in China. [...]

[...] The Chinese economy, the 4th world one, progressed in 2006 more quickly than during these 11 last years. It increased by last year. The GNP increased by 10,4% in the fourth quarter 2006, less however that the 3 previous months and drop some compared to the second quarter of 11,5%. Beyond the monetary policy, China also uses of administrative measurements to control the investment such as tax restrictions and minimum price for the real estate intended for industrial developments. In India a request was made with the companies of the private sector in order to increase the prices of their products with an aim of helping the government to fight inflation. [...]

[...] Also, of important relocation takes place it. Indeed engineers in computing go out every year of the Chinese universities, and work for very weak salaries. So, China, which becomes first producer of laptops on the place of Taiwan. In the sector of the software, India begins to play an important role and the relocations increase more and more. Today, more half of the multinational companies delocalized a part of them R&D in China, in India or in Singapore, this proportion should again increase. [...]

[...] China represents workshop of the world”. Quickly, the weight of this country's advantages encourages international investors and multinationals which implant their technologies; The China's littoral represents a real opening in the world. The place of China through the world : The economic development of China is characterising by this following features: A very rapid growth: this rapid growth over more than two decades made China the world's fourth largest economy. An employment of a mixture of strategies: including central planning, an industrialisation oriented to import and export and a sectoral policy regarding FDI at different time. [...]