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By: fayyaz1992 | Posted: Jul 30, 2013 | General | 299 Views

When the first time I heard this topic I was bit amaze.somebody is saying to compare Indian economy and chine's economy.I tell u how can u compare Indian economy and chines economy these two country have different governing system they even have different economy type.India is a democratic country and china is communist country.In India if foregin investor wants to withdraw his capital he can do it but this is not possible in china.Chines government will not allow the person to do this ,that person have to surrend all the capital to chinese government .The Chinese economy is highly energy-intensive while it opposite in India


Lets talk about chinese economy :


As of 2013, China has the world's second-largest economy in terms of nominal GDP, totalling approximately US$8.227 trillion according to the International Monetary Fund (IMF). If PPP is taken into account, China's economy is again second only to the United States – in 2012, its PPP GDP reached $12.405 trillion, corresponding to $9,161 per capita. However, China's 2012 nominal GDP per capita of US$6,075 puts it behind around ninety countries (out of 183 countries on the IMF list) in global GDP per capita rankings.


Lets talk about Indian economy :


According to the World Bank, as of 2011, the Indian economy is nominally worth US$1.848 trillion; it is the tenth-largest economy by market exchange rates, and is, at US$4.457 trillion, the third-largest by purchasing power parity, or PPP. With its average annual GDP growth rate of 5.8% over the past two decades, and reaching 6.1% during 2011–12, India is one of the world's fastest-growing economies. However, the country ranks 140th in the world in nominal GDP per capita and 129th in GDP per capita at PPP. Until 1991, all Indian governments followed protectionist policies that were influenced by socialist economics. Widespread state intervention and regulation largely walled the economy off from the outside world. An acute balance of payments crisis in 1991 forced the nation to liberalise its economy; since then it has slowly moved towards a free-market system by emphasising both foreign trade and direct investment inflows. India's recent economic model is largely capitalist. India has been a member of WTO since 1 January 1995.


As u can see many different stuff are involved in both the economy as per my thinking u can compare Bull and the deagon.


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