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Question

"China performed better than India". Comment.

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Solution

1. In terms of economic growth, China has clocked up strong economic growth since 1980, at spectacular 9%plus and India at nearly 6%

2. Both countries have opened up to international trade and capital in the past quarter of a century, decisively in China and more hesitantly in India.

3. China's per capita GDP Growth has averaged 8%, more than double the growth rate of Indian per capita GDP.


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