皇冠体育app

Whenever you compare 皇冠体育app and India in economic terms, India always loses because 皇冠体育app rules in almost every department. But is it really true that 皇冠体育app's economy is better than India's?

We can see the merits of India's economy if we don't focus on GDP. 皇冠体育app's strict family planning policy means a larger aging population and smaller working-age population. So, in the long run India could overtake 皇冠体育app as the manufacturing base because of its abundant labor force.

Most of the industries that have made 皇冠体育app the "world's factory" are not even Chinese. For example, although 皇冠体育app is the largest electronics exporter in the world, it gets only 4 percent of the profit share because "over 90 percent of 皇冠体育app's high-technology exports are actually by foreign - not Chinese - firms". On the other hand, India's domestic pharmaceutical industry supplies up to 40 percent of US drugs.

Indians have embraced English as a language of business despite having their distinct languages and cultures, and The Economist says their negotiation skills are superior and more desirable on the world stage.

MUTAFIRE,

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