Emerging China - India's advantage

The economy of China as well as India are growing with a great pace and  catching international attraction. The recognized consultants like Boston Consultants, Price water Coopers and Moody Analysts were noted that these two countries will show a growth rate between 8 and 10 in coming years. India and China celebrated 'friendship'  year and promotes 'bhai bhai' approach recently. Both countries have healthy business as well as industrial relation by positive shifts in import -  export alliance.

In the midst of these interesting results, we also have certain alarming facts. Our (India) largest neighboring country China trying to influence other neighbors which may affect India badly. Nuclear deal with Pakistan, language study center in Nepal, China Burma military alliance etc., If the growth of Islamic extremism and terrorism in Bangladesh is a threat to Indian security, then the presence of China with which India’s interests have the potential to clash is also of security concern.China's influence in South Asia has significantly grown over the years, and in particular Bangladeshi-Chinese relations are now robust and very comprehensive. In addition to this China is well equipped to supply the energy needs especially nuclear energy to neibhouring as well as emerging economies. 

China hosted the last Olympics fabulously and  very well appreciated by world countries and that was also a positive paradigm shift for the Chinese government. India also hosted the 19th Common Wealth Games with a little glitterings in the midst of some controversies. 

Chinese countinious claim on Arunachal Pradesh is another boiling issue. In the circumstance of Chinese claims and oppositions, Prime minister visited there for election campaign and admitted Dalailama to visit Taiwang. Prime Minister Manmohan Singh declared that Arunachal Pradesh is an integral part of India and he rejected their claims in words and in maps. 

China also boosting English education to compete in the globalised world. The bureaucratic nature of Chinese economy is their greatest competitive advantage. So that no one can object the development and all the obstacles will gives way to Government decisions. But as a democratic country India cant avoid the interest of common people and that may the greatest inhibition for irregular developments. 

Chinese economy is consistent and controllable normally and inflation is not at all a problem their as in India. 

India's competitive advantage

• China control its population very strictly by various family planning strategies which resulted population control effectively. But it also leads the country and old age in the future. As per the study - young talents are the advantage of both the countries. But the mean age of India is 25.1 and China is 34.1. It shows that China will face a serious man power crisis in the future.
• English langauage expertise of China is 0.77 in 2006. But Indians proficiency is 10.66 as per the 2001 census. It is one of the strongest advanatages of India. India is a liberalised economy and democratic in nature. So the scope of skill devlopment can be expected.
• Indian economy is focused on sectors like IT and service but the Chinese on manufacturing sector. So the energy need of China is farther than India. So the energy efficiency of China is questionable. 

While calculating all the ways, we will reach a final conclusion, China is a step forward than India and India needs to run with a robust face to catch Chinese growth in the immediate future.