Well it seems that the wall is not the only largest think in China... With the Chinese Deep Pockets, it seems that there is no stopping them...
The recent issue of Economist had an editorial dedicated to the same... The editorial was however titled "Will India overtake China", it did not match up to the title..
The cash reserves of China are not hidden from the world...They have enough cash to run the Indian economy for 4 years.. I think the reason for this lies in their culture..Chinese with Taoism, Buddhism and Confucianism truly know how to work together and for people's good... With communism, they know how to have inclusive growth.. and thats what is working for them...
With the 10% growth rate and $5 trillion economy..Number one exporter in the world... Does India stand a chance?
Well.. Yes it does... It has been said that the one child policy of china has not turned out to be a great decision.. In 2030, India will have the maximum population between 25-45 years and the average age of other countries like America, Britain & China would be very high.. So we do have a chance if we focus on services for the old...
Its worth a wait to see.. Lets keep our fingers crossed...
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