INDIA OR CHINA Who will lead the global market in 2030? Que. 1) points discussed in video?

? India and China. Western investors love to compare the worlds most populous nations as if they were identical economies at different points on the same timeline. After all, both are growth powerhouses. Over the decade ended in 2010, Chinas GDP grew on average 10.3% per year versus an impressive 7.4% for India. Thus the question of debate taken by the Singapore TV channel news Asia is a point of true discussion that a student need to study to understand the global market. In a short from if we decide to write down the points discussed by the speakers, judges and the representatives of the respective countries in a SWOT analysis form for a better understanding and comparison: STENGTH: Surging India Soft Power of present and future Youthful (Young working human resource) and optimistic population Maritime nation Demographic advantage by 2015 to 2045 Youth human resource capital in pipeline (58% of 15 to 25 year group) Having a democratic government and people are turning towards change in good direction (e.g. RTI act, etc) Is having a strong domestic and international market and is favoured by most of the countries in the world Decelerating China Hard Power of present and future Second largest Economy $ 8 trillion having Social And Political stability Maritime as well as land nation Demographic advantage in past 20 years Is consider as the first mover in major field of technology and also is Modernizing its Military and is having largest army Chinese Government is highly competent, continuity and secular in nature. Infrastructure linkage and commercial Treaties with most of the 14 neighbouring nations (Transnational Ties) and has invested $ 1 trillion in advance technological sectors

WEAKNESS: Scorching tiger -China Slum-dog millionaire India Geographical barrier Himalayan range and Unfriendly neighbour Having 14 neighbouring nation but have unfriendly conditions with growing economic nation India and Developed nation Japan (Island Dispute) Political resistance by the Chinese people Human resource (Working population) has fallen down to 18 % of 15 to 25 year group

Weak and unstable government Lower GDP as compared to China and is not stable in current past OPPORTUNITIES

China India China has a surplus fund and would invest in India which would boost Indian Economy and help in growth on a faster pace. China has a surplus fund of Trillion dollars which he can invest in advancing its technology and infrastructure

Most of the nations view India as a friendly and hostile nation to Invest in. THREATS

China India Unstable and corrupt Government Countries fear of Chinas growth and desire to acquire the market.

Que. 2) points missing from the video? As the debates are never ending but due to the time constraint many points have been missed out in the TV Show. I would like to add a few points that too need to be considered while the discussion and debate was on. Which are as mentioned below: More stress was needed to be given on Macroeconomics i.e. o The Government Surplus, o National saving rates and o The inflation and the effect. Also the health aspect of the country needs to be taken into consideration as a health population will only lead to a health government and healthy nation. Market Efficiency: i.e. o The domestic and the international market the country serve the major player and their contribution and the competition faced by the players. o The export and import, the skilled as well as unskilled labour force, the wages and salaries offered, efficacy of the labour force. o Financial market the openness (e.g. the Foreign Direct Investment policy), soundness of the banks and the ease of access for loan and the rate of interest offered. The technology and its growth i.e. o Readiness in technology, o Absorption of technology in large as well as SME, o Internet usage and its access in the country and o The Laws pertaining in the field of technology. Innovation which covers the details regarding o The spending of the nation in the scientific research at different levels like companies, collages, research universities, etc. o The patents and the intellectual property posses by the nations and the future prospective in the direction. Also the major point that separates the nation and puts India on the front set and considered by many nations as the added point for India is the o Time Zone: Suitable for western US Market (for outsourcing the work) as well as the European market to work with.

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Language: Indian are good learner and have a good command on English as compared to the Chinese Culture.

As said in the beginning the point of debate may never end and the points of discussion can be added on continuous basis. So I have summarised few points that I think are important and should have been considered in the debate. Que.3) your opinion / conclusion? According to me if we have to answer which nation would be ahead in 2030 among India and China I would say China. The reason being so, 1. The time duration taken into consideration is quite less i.e. 15 to 20 years, if it would have been 23 to 30 years definitely India would be ahead because the present recession and the unstable Indian government would take a duration of 10 to 15 years to be stable and have a sustainable growth but in case of China they need to maintain the growth which is possible is they have achieved such growth in such a short duration of time then they can sustain the growth or even may grow at a slow pace but not come down or roll back. (You can even compare the other national like Italy, Spain, USA, UK, etc. they too have achieved this growth in their past and are still sustaining it but neither of the nation has gone down in their steep economic growth). 2. China is having a economy of $ 8 Trillion out of which it plans to invest in the research and technology which would benefit the country but in case of India which is suffering from high level of corruption and unstable government it would be difficult for the government to raise or even utilise the funds for proper purpose (in presence of strong opposition political party)

3. India is lacking a large in the field of employment which is leading to migration of the skilled labour force (PhD, MS, etc.) to the developed nations like Germany, Switzerland, USA and UK. As compared to China who is now a day striving to utilise its skilled labour in its advancement by developing its technology. 4. China is having a large land for agricultural as well as industrial growth in proportion to the population. And it also has a state of art manufacturing facilities with a larger production as compared to the Indian Counterpart. (most of the electronic goods or its part used in the world has its origin in China or Taiwan China)

5. The stable market and the low economic value of the product and services offered by China is the need for the present global market which is under the recovering from the global recession.

So, I would say that China would be ahead then India in 2030 with a smaller margin of 1 to 5 % but surely the India will take on the China by 2050.