Elephant vs Dragon: Why India’s economy is in a better shape than China
China’s economy is slowing sharply, creating a risk for the global economy. Its debt is pegged at 282% of GDP by some estimates. And that is just one of its problems. Years of state-driven investments have created excess capacity in several sectors. India is in far better health.
Nothing is transparent in China.
Vivekanand Prabhu (Unknown)
Few years back I used to think that our growth is slow due to slow response to carry out new projects, looking at the pace at which China grown. Now this is the great example of Rabbit and tortoise race. At last Indian Tortoise moving forward without any hiccups, and the Chinese rabbit stopped for a nap.
Harsha Reddy (NewDelhi)
Hence Proved:”Slow and Steady wins the race”
interesting.. but considering volatile market investors will have to remain patient
Bhole Nath (B)
India is healthier than China, because MMS and UPA made India a 2 trillion and healthy economy. Modi may abuse MMS, but at least he now realises and should Thank MMS for handing him over a healthy economy. Modi bhakts should stop spreading lies.
BHARATH Nanda Kumar (Bangalore)
India Shining 🙂
India Should take advantage of the situation and take necessary measures to take lead in economy
Somshekar Kanthi (AD)
China is not just a dragon but a monster dragon. So, outright comparison doesn’t make much sense.
Ramanathapura Narahari (India)
How long copy-cats can continue……………? China a master of this now facing the music?
Shivam Gupta (haryana)
India is in a very good position. Good forex reserves, macro economic indicators, defense spending, capital goods, etc… are all showing the upward trend. Nothing to fear for the next 3-4 years.
India doing Good in Congress’s absence….