The cold war of 21st century is on between india and china .Both countries have already proved their strength by standing strong during the times of recession when leading nations of the world namely usa , france , britain struggled to fight with recession . So what exactly is the question , is it about ruling asia or ruling the world .Both countries seem winning the race to become ruler of the asia continent .
but the formidable economy and political structure of china definitely bring it up against india when it comes to devolopment .The efforts from china are more co-ordinted and strategies are more sophisticated while india is still struggling in its fight against corruption and improper political structure .but history goes in favor of china as they were never ruled by any foriegn nation while most of indian resources were consumed by foriegn nation during their rule over the country .So this way india fought back and is giving tough competition to china in the quest to rule asia . Before creating an opinion lets check where both countries stand against each other under the following dimensions -:
1. india vs china economy
The value of chinese currency is higher than that of india
Yuan1 = Rs 6.8735
GDP (PPP) 2010 estimate of china
-> Total $10.084 trillion which is ranked 2nd in the world
-> Per capita $7,518 which is ranked 93rd in the world
GDP (PPP) 2010 estimate of india
-> Total $4.001 trillion ranked 4th in the world
-> Per capita $3,290 ranked 127th in te world
** ppp stands for purchasing power parity .
Clearly china is winning in stats here.
Also china is ranked second largest economy of the world by International monetory fund while india is ranked as12th largest economy of the world on the same list .This survey is for the year 2010 .
2.india vs china in IT/BPO sector
The number of mobile phone users and internet users are more in india then in china .
Also the foriegn direct investment is higher in india then in china .
India's earnings from the BPO sector alone in 2010 is $49.7 billion while China earned $35.76billion.
Seven Indian cites are ranked as the world's top ten BPO's while only one city from China features on the list .So here india scores over china . But china is coming up with strong it policies so will china be able to win over india's position in 2011 .we have to wait and watch .
3. india vs china export per capita
Resources of a country and total production of goods in the country can be guessed on the basis of export status of the country .
Chinese mobile phones are popular not only in india but throughout the world . And not only mobile phones major electronic products are made available to the world at cheap rates by china .
And when it comes to world ranking china is ranked 80th in terms of export per capita while india holds 130th position on the same list .
4. india vs china in agriculture
Both india and china , considerable depend on agriculture sector for revenue .China use advanced technology for agriculture purposes but in most parts of india traditional agricultural practises are common .
About 75% of China's cultivated area is used for food crops. One important motivator of increased international trade was China's inclusion in the World Trade Organization (WTO) .By 2005, China had in fact emerged as the world’s third largest food donor.while India is the largest producer in the world of fresh fruit
When it comes to yearly agricultural output both nations stand very close where china is ranked 1st in terms of agricultural output while india is ranked 2nd on the same list .
5. india vs china military
China has a military strength 3 times than that of india .China already have 5th generation aircrafts whle india is still devoloping these as a joint venture with russia .Both nations are nuclear powers of the world .But china's continous support to pakistan adds to the chinee strength .china is actively playing politics by helping other asian nations in enhancing their military capabilities .so overall postion of india is getting weak by thismeasure of china .
China invest 12% of its gdp for military enhancement while india puts only 2% of its gdp for military enhancement .
so , as i named it earlier its the cold war of 21st century and as this decade goes further .this war will get interesting .But I pray this cold war remains cold forever .
but the formidable economy and political structure of china definitely bring it up against india when it comes to devolopment .The efforts from china are more co-ordinted and strategies are more sophisticated while india is still struggling in its fight against corruption and improper political structure .but history goes in favor of china as they were never ruled by any foriegn nation while most of indian resources were consumed by foriegn nation during their rule over the country .So this way india fought back and is giving tough competition to china in the quest to rule asia . Before creating an opinion lets check where both countries stand against each other under the following dimensions -:
1. india vs china economy
The value of chinese currency is higher than that of india
Yuan1 = Rs 6.8735
GDP (PPP) 2010 estimate of china
-> Total $10.084 trillion which is ranked 2nd in the world
-> Per capita $7,518 which is ranked 93rd in the world
GDP (PPP) 2010 estimate of india
-> Total $4.001 trillion ranked 4th in the world
-> Per capita $3,290 ranked 127th in te world
** ppp stands for purchasing power parity .
Clearly china is winning in stats here.
Also china is ranked second largest economy of the world by International monetory fund while india is ranked as12th largest economy of the world on the same list .This survey is for the year 2010 .
2.india vs china in IT/BPO sector
The number of mobile phone users and internet users are more in india then in china .
Also the foriegn direct investment is higher in india then in china .
India's earnings from the BPO sector alone in 2010 is $49.7 billion while China earned $35.76billion.
Seven Indian cites are ranked as the world's top ten BPO's while only one city from China features on the list .So here india scores over china . But china is coming up with strong it policies so will china be able to win over india's position in 2011 .we have to wait and watch .
3. india vs china export per capita
Resources of a country and total production of goods in the country can be guessed on the basis of export status of the country .
Chinese mobile phones are popular not only in india but throughout the world . And not only mobile phones major electronic products are made available to the world at cheap rates by china .
And when it comes to world ranking china is ranked 80th in terms of export per capita while india holds 130th position on the same list .
4. india vs china in agriculture
Both india and china , considerable depend on agriculture sector for revenue .China use advanced technology for agriculture purposes but in most parts of india traditional agricultural practises are common .
About 75% of China's cultivated area is used for food crops. One important motivator of increased international trade was China's inclusion in the World Trade Organization (WTO) .By 2005, China had in fact emerged as the world’s third largest food donor.while India is the largest producer in the world of fresh fruit
When it comes to yearly agricultural output both nations stand very close where china is ranked 1st in terms of agricultural output while india is ranked 2nd on the same list .
5. india vs china military
China has a military strength 3 times than that of india .China already have 5th generation aircrafts whle india is still devoloping these as a joint venture with russia .Both nations are nuclear powers of the world .But china's continous support to pakistan adds to the chinee strength .china is actively playing politics by helping other asian nations in enhancing their military capabilities .so overall postion of india is getting weak by thismeasure of china .
China invest 12% of its gdp for military enhancement while india puts only 2% of its gdp for military enhancement .
so , as i named it earlier its the cold war of 21st century and as this decade goes further .this war will get interesting .But I pray this cold war remains cold forever .
Nice research ..Dude
ReplyDeletea bit more of work required
ReplyDeleteinteresting...:-)
ReplyDeleteIntresting dude!!
ReplyDelete