China Vs India

It is from Quora Digest. Maybe it may interest some friends here. Worth reading.
Jiangjunling
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Lives in China4y
Why is China more developed than India despite having the world’s largest population?
I'm Chinese, I've worked in India for a while, I've been to some of the cities and villages in India,

Personally, I think the gap between India and China will only get bigger, not smaller, in the next 10 to 20 years.

First, India missed a golden opportunity to industrialise

From the end of the cold war in 1989 to the global financial crisis in 2008, more than 20 years were the golden age of global economic globalization.

Over the past two decades, developed countries in the west have shifted manufacturing to developing countries,

China jumped at the chance and India didn't!

After the subprime crisis in 2008, western countries had already felt the danger brought by the hollowing out of manufacturing industry, and had strictly controlled the outflow of manufacturing industry.

That's when India started to focus on manufacturing, but the good times won't come again.

In recent years, India's manufacturing industry has developed and foreign investment has also entered India. However, foreign investment in India is quite different from that in China.

Foreign investment in India is aimed at capturing the domestic demand of India,

Foreign investment in China, the purpose is not only to occupy the Chinese market, but to meet the needs of the world!

Foreign investment in India, more to meet the Indian government's market access requirements,

It is easy to judge that Indian made products are not globally competitive and it is hard to see any Indian made products outside India.

Second, India may miss out on a fourth industrial revolution

Many people call breakthroughs in high-speed communications, new energy, new materials, life sciences, artificial intelligence and other fields the fourth industrial revolution.

But indians are still keen on IT and have invested little in the fourth industrial revolution.

I am not saying India is not investing, but very little, less than one tenth of China.

In the future, the level of science and technology will determine the strength of a country, or even the destiny of a country.

Third, India's environmental crisis

As a Chinese, I have witnessed the destruction of China's environment by industrialization.

It is easy to destroy the environment, but difficult to repair it. Today, the annual investment in environmental protection in China far exceeds the sum of education and military expenditure.

But it will take generations to repair the environment, and some will never be.

Unfortunately, I saw similar environmental damage in India, which has a higher population density and a lower environmental carrying capacity than China.

India must solve its environmental problems, which may cause social instability and unrest.

Fourth, India's education crisis

In particular, inequality in education,

Personally, 20% of people in India get a good education, but the quality and environment of education for the other 80% is really bad.

Inequality in education leads to inequality in life development,

India should pay special attention to the quality of mass education and invest heavily in it.

 

Thanks for your feedback. International trade depends on quality and price. As long as China can meet these requirements, it will remain the main trading partner for many countries. Many Chinese products are not of good quality but the price justifies. They are in a position to keep prices low because of its political set up. India imports many times more from China than it exports to that country. There is no immediate choice.

 

I do not want to look pessimist but I do have doubts about India competing with China and becoming a manufacturing hub for exports to developed countries. Not only China, India will have to compete with other south asian countries like Korea, Vietnam, and Indonesia.
The first and foremost is the political nature of both countries. Workers in China work for the wages given and hours demanded, which is not possible in India.
For whatever reason, our brilliant professionals, do not feel more comfortable working in India.
The polarization on communal lines does not encourage foreign direct investments.
The center may talk of ease of doing business but it is not the same in the states ruled by regional/local parties.
AI or not, humans will have to depend on products of basic needs in agriculture and manufacturing.

 

Good. Let us see, how far he goes. The real test of any politician is making decisions when in power.

 

If one makes a count of Chinese products available the world over, it may be over 50%. The reason is price. They are in a position to keep prices low because of the scale of production, low wages, long working hours, no workers' unions, and so on.