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Good morning friends ..i have choosen the topic dt describes the two powers of the world.

The tiger nd the dragon . Both the tiger and dragon are old Buddhist symbols. one reflecting a 'hard' style of martial arts-(attacking and unrelenting) and another reperesents the soft skills defensive.

But in context of debate it is not only tigers and dragonsits India and chinawhere tigers represents INDIA nd dragons represents CHINA. Both are the worlds powerful economies. Population- India is experiencing a explosive population growth which is predicted to overtake china as the worlds largest population within the next decade Thus India has the human resources needed to propel its growth Currently India has the worlds youngest population almost 1 out of 10 people in India is below the age of 25 Thus the country has a ton of fresh minds entering the various industry ,business and education sectors. Chian however is facing a population crisis. The one child policy has left many parents to abandon their female children or not desire a female child Thus more males are born to Chinese families to help with the family income. So china is facing an unequal sex ratio in which there are less females for every male in the population Economy-chinas current economic growth is due to resource accumulation from traders while indias growth is increasingly based on a more efficient economic sector in the long run ,a more efficient economy will always overtake and surpass a large cumbersome inefficient economy This is seen today as china buys debts from foreign powers while trying to market their goods and resourves to a global market While India is focusing on specializing their economy and providing better quality services such as the IT sector. Thus unlike china,outsourcing to India has grown rapidly and by 2010,it is expected to be 56billion dollars a year Currently every major company has begun to invest heavily in India and has started to rely on Indian engineers for their nest generation products Industy- china is a leading producer of marketable good and a major mass producer of such goods thus to maintain their lead, china is working on industrial plants geared towards their production sector. Meanwhile, India is a rising power in the software,design,services and precision industry. There is no other IT sector in the world that can compare to or even hold its own against India So what is the key difference maker between indai and china? Well china is what we call a light industry producer while indis is the heavy industry producer While china makes the toys and the tshirt that we see as common goods on the market, India is making industrial grade steel used in making skyscrapers,tanks and ships while its automotive industry is experiencing unprecedented growth Thus in short run, china will experience a growth thats mainly due to its ability to sell common goods, it is going to have trouble with heavy industry.

A good example of this wud be the Chinese attempt to kick start their automotive industry-which continues to be a failure and fails to reach a global audience. Meanwhile Indian companies such as TATA is making headlines by making more and cheaper and efficient cars and making deals with western companies like GM nd many others. The most recent was the takeover of jaguar and land rover by Indian TATA MOTORSan indicator of Indias heavy growth industry seeking to expand its influence worldwide. Education system---every year both India and china produce over 500 thousands engineers who graduate with high degrees-compared to the 60 thousands who graduate in the US Out of the 500 thousand, a better part of them are Indian graduates India has the 2nd largest English speaking population out of the English nations and 2nd largest nation with the most English speakers per gdp. Indias education system has proven to be far more advanced than its Chinese counterpart IIT is a world prestigious institution that even rivals western universities at the quality of education it provides churning out the engineers and IT professionals of tomorrow Meanwhile in china, low English speaking populations with high illiteracy rates have been a turnoff for many companies and opportunity seekers. Growth investments---Today ,china is dependent on foreign investments. The Chinese stock market has already crashed and is still reeling to recover. Almost 70% of the countrys banks have declared bankruptcy and is now riding on foreign investments. Like communist Russia,china is mobilizing its resources trying to issue a mirage of growth by buying us debts, modernizing its army seizing civilian lands for huge building projects-but at what price? Just like that ,Indian companies have grown on their own, and are now emerging on the world markets TATA GROUP, RELIANCE CORP, MITTAL STEEL and many others have begun to takeover European and American companies- expanding their global reach. Indias stock markets have grown exceedingly large the Bombay stock market has broken numerous domestic and international records. Indian companies are earning more due to the 20% returns on the investment opportunities in India- thus the reason for japans recent 5 billion dollar invest in the industrial corridor of India. Overall India is growing at a rate that ensures quality while experiencing record breaking growth something china has failed.

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