Oct 1, 2010

India and China- a comparison

This is an interesting graphic we have here-

Business in India: A bumpier but freer road | The Economist:

"Both China and India have taken off since their governments allowed people and companies more economic freedom. China went first, so it has a big head start. But as Morgan Stanley’s economists point out, India’s growth since the reforms of the early 1990s bears a striking resemblance to China’s since its grand opening in the late 1970s (see chart 4)."

This is the chart-