Next Super Country Is India Not China

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The GDP in China was only the 2/3 of the GDP in India in 1978, but now it is 70%~80% higher than India, so many people say China makes magic economy, tour trung quốc but India doesn’t. But the others adopt opposite opinion.



1. Comparing the two countries, it is not correct only consider the economic development in the past ten years or twenty years. In fact, according to the effect on the society and economy from financial development, India has more potential developing space than China. The economical development in China during the last ten years are mainly depends on the cheap labor force. They provide manufacturing industry and related service to other countries, like making [ ][ ] situation, cheap labor is not so competitive. The country’s system is the key factor. Other countries think India has more free system, tour trung quốc giá rẻ which is free on news, kynghidongduong.vn laws and more democratic. So they are more likely to invest in India than in China.



In fact, as I know[ ], China has improved a lot on economy and technology. More and more foreigners know China and would like to invest in China after the Olympic Games and world expo.