Description |
1 online resource (7 pages) |
Summary |
Though India and China enjoy many similarities, China has surged ahead of India in terms of economic progress. While India's per capita income is $440 China's per capita income stood at $990. In China, 3% of the population is below the poverty line and in India it is 30-40%. China opened up its economy before India and could therefore attract foreign investment which helped it to emerge as a 'workshop of the world'. Though India is trying to catch up with China in terms of foreign direct investment (FDI), China is way ahead. China received FDI of $52.7 billion in 2002 where as in the case of India, the figure stood at $4.67 billion. Since the opening up of the economy in 1978, China enjoyed a steady flow of FDI |
Notes |
Title from resource description page (viewed June 17, 2016) |
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Case code: ITF0008 |
Bibliography |
Includes bibliographical references |
Notes |
In English |
Subject |
Investments, Chinese -- Case studies
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Investments, East Indian -- Case studies
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Economic history.
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Investments, Chinese.
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Investments, East Indian.
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SUBJECT |
India -- Economic conditions -- Case studies
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China -- Economic conditions -- Case studies
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Subject |
China.
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India.
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Genre/Form |
Case studies.
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Form |
Electronic book
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