Abstract: Indian and Chinese economies are growing rapidly among Asian countries due to economic reforms. The prime objective of this study was to compare and analyse the economic status of both countries. This comparative study was conducted using a descriptive method from secondary sources of data. The study showed that China put greater focus on infrastructure development, removing tariff and non-tariff barriers, development of skilled labour, cost-effectiveness, and speedy decision-making ability. On the other hand, India's focal point was the service sector like the IT sector. The study also indicated that India had better financial, political, and legal practices as compared to China.
Keywords: Economy, Infrastructure, Unemployment, Growth, Resources.
Title: Economic Rise of India and China: A Comparative Analysis
Author: Yuthap Akash
International Journal of Social Science and Humanities Research
ISSN 2348-3156 (Print), ISSN 2348-3164 (online)
Vol. 10, Issue 4, October 2022 - December 2022
Page No: 441-444
Research Publish Journals
Website: www.researchpublish.com
Published Date: 21-November-2022
