India and China
India and China
Comparison of Global Trade and Finance
Rise of the Asian Tigers
Section S6 - Group 7: Akrati Bhargava (12DM-018) Anant Modwal (12FN-012) Pushpak Roy (12DM-105) Priyanka Jain (12DM-103) Shweta Bhalla (12FN-124) Soumya Roy (12FN-131)
INDEX
1. 2. 3. 4. 5. 6. ABSTRACT INTRODUCTION RELEVANCE OF INDIA AND CHINA IN GLOBAL ECONOMY CHINA’S AND INDIA’S ROLE IN GLOBAL TRADE CHINA’S AND INDIA’S ROLE IN GLOBAL FINANCE REFERENCES
2|P ag e
Abstract In today’s modern world India and China are forerunners for the multinationals who are out to exploit low cost highly skilled work forces in these countries or vie for products and services from these two fastest growing markets in the world. China holds more than $1 trillion in its treasuries which cash starved multinationals are trying to make use of finances for investment The rapid rise of these two Asian giants who have combined population of more than 2.4 billion comprising 40% of total and are now racing towards becoming economic super powers is catching attention everywhere. Over the last few decades there has been gradual shifting of economic power centre from the West towards the East. India and China are the world 's future major powers. At a time when in a global economy, affected by the financial crisis, most advanced countries are going into recession, both India and China are marching ahead. Both these nations have an important role in the world economy, with China embracing private enterprise and India helping globalization within its economy. Since 1980 Both India and China have recorded strong economic growth and are opening up to international trade and capital. The Indian and Chinese economies have benefited from FDIs that have provided new goods and services leading to a surge in industrial growth. The Chinese and the Indian economies are regarded as the fastest growing economies in the world today Growth of the China 's economy has been more impressive than India. China 's per
Comparison of Global Trade and Finance
Rise of the Asian Tigers
Section S6 - Group 7: Akrati Bhargava (12DM-018) Anant Modwal (12FN-012) Pushpak Roy (12DM-105) Priyanka Jain (12DM-103) Shweta Bhalla (12FN-124) Soumya Roy (12FN-131)
INDEX
1. 2. 3. 4. 5. 6. ABSTRACT INTRODUCTION RELEVANCE OF INDIA AND CHINA IN GLOBAL ECONOMY CHINA’S AND INDIA’S ROLE IN GLOBAL TRADE CHINA’S AND INDIA’S ROLE IN GLOBAL FINANCE REFERENCES
2|P ag e
Abstract In today’s modern world India and China are forerunners for the multinationals who are out to exploit low cost highly skilled work forces in these countries or vie for products and services from these two fastest growing markets in the world. China holds more than $1 trillion in its treasuries which cash starved multinationals are trying to make use of finances for investment The rapid rise of these two Asian giants who have combined population of more than 2.4 billion comprising 40% of total and are now racing towards becoming economic super powers is catching attention everywhere. Over the last few decades there has been gradual shifting of economic power centre from the West towards the East. India and China are the world 's future major powers. At a time when in a global economy, affected by the financial crisis, most advanced countries are going into recession, both India and China are marching ahead. Both these nations have an important role in the world economy, with China embracing private enterprise and India helping globalization within its economy. Since 1980 Both India and China have recorded strong economic growth and are opening up to international trade and capital. The Indian and Chinese economies have benefited from FDIs that have provided new goods and services leading to a surge in industrial growth. The Chinese and the Indian economies are regarded as the fastest growing economies in the world today Growth of the China 's economy has been more impressive than India. China 's per
References: • • • • • • • • • • • www.worldbank.org www.trademap.org www.imf.org www.finmin.nic.in www.indiastat.com www.livemint.com www.economywatch.com www.economist.com www.rbi.org.in ‘The European Journal of Comparative Economics’ ‘The Journal of China and Global Economics’ 15 | P a g e