It is the only society in the world which has never known slavery. India never invaded any country in her last 10,000 years of history. India was the richest country on Earth until the time of the British in the early 17th Century Robert Clive?s personal wealth amassed from the blunder of Bengal during 1750?s was estimated at around £401,102 It has been estimated that the total amount of treasure that the British looted from India had already reached £1,000,000,000 (£1Billion) by 1901. Taking into consideration interest rates and inflation this would be worth close to $1,000,000,000,000 ($1Trillion) in real-terms today.
Since the early '80s it was given a free pass to steal US technology. To get China to BETRAY its erstwhile benefactor the USSR and join the US side against the USSR, politicians like Henry Kissinger had convinced everyone here to open the doors of US academia and even defense industries for China. Deng Shao Peng merely took advantage of it. All the high - minded talk about turning China away from its in - grained totalitarianism ( called Communism during the Mao period ) was just so - much eye - wash concocted by PR agents operating within the academia. But it did n't just ened there. Co - religionists of Kissinger who dominated Merchandizing,Banks and Wall St. decided they wanted to make quick billions by accessing the regimented ;abor available in China. As a quid pro quo the Chinese wanted US industrial technology. The Shylocks of Wall St then forced US industries ( who they control after all ) to give their know - how away to China. How do you suppose the Chinese learned to build a Car ( GM begat Cherry ) or semiconuctors ( SemaTech in Austin TX should be renamed into We're Meathead Texans who give US technology away to China ! ).
But the realization is finally sinking in the US Corporatons that giving in to Chinese BLACKMAIL does not really pay in the long run. US Companies will rebuild the Technology / Manufacturing Leadership they had given away to China by doing low - cost R&D in smart but HONEST & DEMOCRATIC India.
Then China will have no market left but the pariah Dictatorships in Africa that it really is in tune with !!
Since the early '80s it was given a free pass to steal US technology. To get China to BETRAY its erstwhile benefactor the USSR and join the US side against the USSR, politicians like Henry Kissinger had convinced everyone here to open the doors of US academia and even defense industries for China. Deng Shao Peng merely took advantage of it. All the high - minded talk about turning China away from its in - grained totalitarianism ( called Communism during the Mao period ) was just so - much eye - wash concocted by PR agents operating within the academia. But it did n't just ened there. Co - religionists of Kissinger who dominated Merchandizing,Banks and Wall St. decided they wanted to make quick billions by accessing the regimented ;abor available in China. As a quid pro quo the Chinese wanted US industrial technology. The Shylocks of Wall St then forced US industries ( who they control after all ) to give their know - how away to China. How do you suppose the Chinese learned to build a Car ( GM begat Cherry ) or semiconuctors ( SemaTech in Austin TX should be renamed into We're Meathead Texans who give US technology away to China ! ).
But the realization is finally sinking in the US Corporatons that giving in to Chinese BLACKMAIL does not really pay in the long run. US Companies will rebuild the Technology / Manufacturing Leadership they had given away to China by doing low - cost R&D in smart but HONEST & DEMOCRATIC India.
Then China will have no market left but the pariah Dictatorships in Africa that it really is in tune with !!
china may be growing fast but at the same time spoiling too fast,india have strong foundation cannot be shaken in any aspect,because india experienced,china started now,all new glitters and shines and attracts
china may be growing fast but at the same time spoiling too fast,india have strong foundation cannot be shaken in any aspect,because india experienced,china started now,all new glitters and shines and attracts
China a manfucaturing powerhouse...India more entrepreneurial
China is a manufacturing powerhouse, but this can only get you so far. India is more entrepreneurial a trait which I think is more beneficial in the long run.
China a manfucaturing powerhouse...India more entrepreneurial
China is a manufacturing powerhouse, but this can only get you so far. India is more entrepreneurial a trait which I think is more beneficial in the long run.
China = richer, India = messier, but still vibrant and potent
The Chinese will be clearly ahead barring an unforeseen catastrophe, because they are way ahead in infrastructure and organization. These are smart and hardworking folk. But the Indians are catching up a lot faster, and will be a strong force in economics by 2020.
Even today Indians are showing notably better entrepreneural skills and sophistication than Chinese in business and high-technology. They are more Westernized, and quite good competent. My own firm's experience with Indian and Chinese service providers has been positive. (Both groups were smart and hardworking sorts).
Some people bring out stats for relative IQ, I just wanted to say that India has over 40,000 gene pools due to a variety of complex reasons. The Chinese have the Han race gene pool for over 90%. So a direct comparison is impossible, even though there are fewer variances for Chinese.
Some India-based studies show these:
.....The mean intelligence quotient of the high risk group was 95.21 ± 6.2 and that of the control group was 101.38 ± 10.2 (p<0.05).
.....from that recorded among 50 noninbred controls of similar age and socioeconomic status (99.6 + or - 2.0).
AS CAN BE SEEN the range is 99-101 for children, etc. This also supports some data in UK showing a mean IQ of 97 for Indians. This is roughly in class with Chinese (mean IQ = 100), though the Chinese are probably a bit ahead due to cranium size.
These are NOT high-caste kids, many are from middle class or poor Muslims, who number in the millions. (The second study was for that...).
In 2010, there are estimates of 450,000 students graduating in engineering in India. Given the level of math and science, that implies an IQ closer to 110 at least.
In my own school, an IQ range of 120-136 was seen amongst my friends. So let us quell rumor- mongering, the usual Bell Curve does not apply for India due to the aforementioned racial complexity.
China = richer, India = messier, but still vibrant and potent
The Chinese will be clearly ahead barring an unforeseen catastrophe, because they are way ahead in infrastructure and organization. These are smart and hardworking folk. But the Indians are catching up a lot faster, and will be a strong force in economics by 2020.
Even today Indians are showing notably better entrepreneural skills and sophistication than Chinese in business and high-technology. They are more Westernized, and quite good competent. My own firm's experience with Indian and Chinese service providers has been positive. (Both groups were smart and hardworking sorts).
Some people bring out stats for relative IQ, I just wanted to say that India has over 40,000 gene pools due to a variety of complex reasons. The Chinese have the Han race gene pool for over 90%. So a direct comparison is impossible, even though there are fewer variances for Chinese.
Some India-based studies show these:
.....The mean intelligence quotient of the high risk group was 95.21 ± 6.2 and that of the control group was 101.38 ± 10.2 (p<0.05).
.....from that recorded among 50 noninbred controls of similar age and socioeconomic status (99.6 + or - 2.0).
AS CAN BE SEEN the range is 99-101 for children, etc. This also supports some data in UK showing a mean IQ of 97 for Indians. This is roughly in class with Chinese (mean IQ = 100), though the Chinese are probably a bit ahead due to cranium size.
These are NOT high-caste kids, many are from middle class or poor Muslims, who number in the millions. (The second study was for that...).
In 2010, there are estimates of 450,000 students graduating in engineering in India. Given the level of math and science, that implies an IQ closer to 110 at least.
In my own school, an IQ range of 120-136 was seen amongst my friends. So let us quell rumor- mongering, the usual Bell Curve does not apply for India due to the aforementioned racial complexity.
That might happen. But China and India will not agree for a long time. Anyways, the caste system in India has been outlawed, since there was some confusion there in another comment. And burning women is not a matter of honor; remember, even America and China have murders and other types of violence. This is just a matter of the individual, and possibly the police; however, despite the police, these things will happen. The actual country (India) does not promote these things and is working to remove this alongside with promoting religious freedom; all religions are accepted, despite the majority being Hindu; again, the government is not involved in any certain religion. It is a matter of the individual. In China, the government is involved in these types of issues. India does run a proper democracy- at least regarding these issues.
Quite long ago the society was divided into four castes depending upon the nature of service they do so that they together make sure the smooth running of the social system. It was like the operational divisions of organizations. These four castes were the four functional pillars on which the society was standing. In the course of time the caste started to get determined by birth and later some of these sections started considering themselves superior to others. . Now this system is getting phased out.
India's long-term potential may be greater than China's as the communist giant faces a shrinking work force due to its one child policy, according to a leading American business weekly."I believe India has a better model than China, and over time will surpass it in growth," Chief Economist William T Wilson of consultancy Keystone Business Intelligence India said. Also experts point out China's lack of innovation in industry and its tendency to be wasteful while marching on the growth path can prove to be a major drawback in the next couple of decades.
China 's working-age population will peak at 1 billion in 2015 and then shrink steadily. China then will have to provide for a graying population that has limited etirement benefits
By mid-century, India is expected to have 1.6 billion people - and 220 million more workers than China.
"That could be a source for instability, but a great advantage for growth if the government can provide education and opportunity for India's masses," says Business Week online
Painting a rosy picture, it said New Delhi is just now pushing to open its power, telecom, commercial real estate and retail sectors to foreigners which could lure big capital inflows.
"The pace of institutional changes and the industries being liberalised is phenomenal," it quoted Wilson as saying.
For its part China has yet to prove it can go beyond forced-march industrialization. China directs massive investment into public works and factories, a successful formula for rapid growth and job creation.
I think both countries would prevail, and not necessarily at the expense of each other. China has invested, infact over invested in its infrastructure. About 20% of Shanghai sky scrapers would probably never get used, as there isn't any market for them ( economist ). About 25 gates of the one of the biggest airport in China are rightnow , closed for lack of any commercial demand. Most of the new skyscrapers are being lit up , but there is hardly anyone in them, in many cities, someone's got to pay the bills! (reuters).
Reality is different, usually things are made up to look different in Communist countries. Chinese banks are virtually insolvent. They have more than 20% declared Non Performing Assests . Real estimates put it close to 40%. (economist). Here's the complete picture of China rising.
India is also seen as shining but it has LOADS to do. India is corrupt, it is lacking in infrastructure, it is a messy democracy. BUT inspite of all this, it is growing so fast. Indian economic growth is accurately verifiable and hence is more genuine and trustworthy. Infrastructure is the MOST visible form of development. But as in China, govt. funded companies are building infrastructure like there is no tomorrow, not necessarily a good thing economically. Also, there is no concept of paying adequate compensation to people for the govt. for land acquisition. Corruption is one thing, total lack of rights and duties is completely different. Corruption takes away a lot of the sheen out of some good the Indian govt. does, but NOT having any rights to compensation and no recourse to take on your own government EVER isn't comparable really.
MOST if not all big Chinese companies are govt. owned and funded. Almost ALL Indian companies buying companies like Jaguar, Corus, Tetley etc. are in the private sector. Indian Stock Exchange is the oldest in Asia. Chinese stock exchange works like a casino, it was closed for decades, it has years to become a mature institution of even moderate standard. Institutionally the only thing that works in China is Chinese Communist Party. People choose freedom above all else, when ever given a chance. Freedom not just political but also from hunger , and destitution, where India has to do much more. Indian growth is internal consumption driven. ITs banking institutions are worlds best capitalised, Indian ROI on most economic activities, is MOST capital efficient in the world, along with Japan. China has done well, but its hard if not impossible to verify. Its week on institutions which are pillars of most successfully countries. India is held back back corruption and inefficiencies.
Both are just as good in certain respects, or just as bad in others. I believe both with prevail in their own way in the future.
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India never invaded any country in her last 10,000 years of history.
India was the richest country on Earth until the time of the British in the early 17th Century
Robert Clive?s personal wealth amassed from the blunder of Bengal during 1750?s was estimated at around £401,102
It has been estimated that the total amount of treasure that the British looted from India had already reached £1,000,000,000 (£1Billion) by 1901.
Taking into consideration interest rates and inflation this would be worth close to $1,000,000,000,000 ($1Trillion) in real-terms today.
But the realization is finally sinking in the US Corporatons that giving in to Chinese BLACKMAIL does not really pay in the long run. US Companies will rebuild the Technology / Manufacturing Leadership they had given away to China by doing low - cost R&D in smart but HONEST & DEMOCRATIC India.
Then China will have no market left but the pariah Dictatorships in Africa that it really is in tune with !!
But the realization is finally sinking in the US Corporatons that giving in to Chinese BLACKMAIL does not really pay in the long run. US Companies will rebuild the Technology / Manufacturing Leadership they had given away to China by doing low - cost R&D in smart but HONEST & DEMOCRATIC India.
Then China will have no market left but the pariah Dictatorships in Africa that it really is in tune with !!
Even today Indians are showing notably better entrepreneural skills and sophistication than Chinese in business and high-technology. They are more Westernized, and quite good competent. My own firm's experience with Indian and Chinese service providers has been positive. (Both groups were smart and hardworking sorts).
Some people bring out stats for relative IQ, I just wanted to say that India has over 40,000 gene pools due to a variety of complex reasons. The Chinese have the Han race gene pool for over 90%. So a direct comparison is impossible, even though there are fewer variances for Chinese.
Some India-based studies show these:
.....The mean intelligence quotient of the high risk group was 95.21 ± 6.2 and that of the control group was 101.38 ± 10.2 (p<0.05).
.....from that recorded among 50 noninbred controls of similar age and socioeconomic status (99.6 + or - 2.0).
AS CAN BE SEEN the range is 99-101 for children, etc. This also supports some data in UK showing a mean IQ of 97 for Indians. This is roughly in class with Chinese (mean IQ = 100), though the Chinese are probably a bit ahead due to cranium size.
These are NOT high-caste kids, many are from middle class or poor Muslims, who number in the millions. (The second study was for that...).
In 2010, there are estimates of 450,000 students graduating in engineering in India. Given the level of math and science, that implies an IQ closer to 110 at least.
In my own school, an IQ range of 120-136 was seen amongst my friends. So let us quell rumor- mongering, the usual Bell Curve does not apply for India due to the aforementioned racial complexity.
Even today Indians are showing notably better entrepreneural skills and sophistication than Chinese in business and high-technology. They are more Westernized, and quite good competent. My own firm's experience with Indian and Chinese service providers has been positive. (Both groups were smart and hardworking sorts).
Some people bring out stats for relative IQ, I just wanted to say that India has over 40,000 gene pools due to a variety of complex reasons. The Chinese have the Han race gene pool for over 90%. So a direct comparison is impossible, even though there are fewer variances for Chinese.
Some India-based studies show these:
.....The mean intelligence quotient of the high risk group was 95.21 ± 6.2 and that of the control group was 101.38 ± 10.2 (p<0.05).
.....from that recorded among 50 noninbred controls of similar age and socioeconomic status (99.6 + or - 2.0).
AS CAN BE SEEN the range is 99-101 for children, etc. This also supports some data in UK showing a mean IQ of 97 for Indians. This is roughly in class with Chinese (mean IQ = 100), though the Chinese are probably a bit ahead due to cranium size.
These are NOT high-caste kids, many are from middle class or poor Muslims, who number in the millions. (The second study was for that...).
In 2010, there are estimates of 450,000 students graduating in engineering in India. Given the level of math and science, that implies an IQ closer to 110 at least.
In my own school, an IQ range of 120-136 was seen amongst my friends. So let us quell rumor- mongering, the usual Bell Curve does not apply for India due to the aforementioned racial complexity.
Quite long ago the society was divided into four castes depending upon the nature of service they do so that they together make sure the smooth running of the social system. It was like the operational divisions of organizations. These four castes were the four functional pillars on which the society was standing. In the course of time the caste started to get determined by birth and later some of these sections started considering themselves superior to others. . Now this system is getting phased out.
policy, according to a leading American business weekly."I believe India has a better model than China, and over time will surpass it in growth," Chief Economist William T Wilson of consultancy Keystone Business Intelligence India said.
Also experts point out China's lack of innovation in industry and its tendency to be wasteful while marching on the growth path can prove to be a major drawback in the next couple of decades.
China 's working-age population will peak at 1 billion in 2015 and then shrink steadily. China then will have to provide for a graying population that has limited etirement benefits
By mid-century, India is expected to have 1.6 billion people - and 220 million more workers than China.
"That could be a source for instability, but a great advantage for growth if the government can provide education and opportunity for India's masses," says Business Week online
Painting a rosy picture, it said New Delhi is just now pushing to open its power, telecom, commercial real estate and retail sectors to foreigners which could lure big capital inflows.
"The pace of institutional changes and the industries being liberalised is phenomenal," it quoted Wilson as saying.
For its part China has yet to prove it can go beyond forced-march industrialization. China directs massive investment into public works and factories, a successful formula for rapid growth and job creation.
future is India....
Reality is different, usually things are made up to look different in Communist countries. Chinese banks are virtually insolvent. They have more than 20% declared Non Performing Assests . Real estimates put it close to 40%. (economist). Here's the complete picture of China rising.
India is also seen as shining but it has LOADS to do. India is corrupt, it is lacking in infrastructure, it is a messy democracy. BUT inspite of all this, it is growing so fast. Indian economic growth is accurately verifiable and hence is more genuine and trustworthy. Infrastructure is the MOST visible form of development. But as in China, govt. funded companies are building infrastructure like there is no tomorrow, not necessarily a good thing economically. Also, there is no concept of paying adequate compensation to people for the govt. for land acquisition. Corruption is one thing, total lack of rights and duties is completely different. Corruption takes away a lot of the sheen out of some good the Indian govt. does, but NOT having any rights to compensation and no recourse to take on your own government EVER isn't comparable really.
MOST if not all big Chinese companies are govt. owned and funded. Almost ALL Indian companies buying companies like Jaguar, Corus, Tetley etc. are in the private sector. Indian Stock Exchange is the oldest in Asia. Chinese stock exchange works like a casino, it was closed for decades, it has years to become a mature institution of even moderate standard. Institutionally the only thing that works in China is Chinese Communist Party. People choose freedom above all else, when ever given a chance. Freedom not just political but also from hunger , and destitution, where India has to do much more. Indian growth is internal consumption driven. ITs banking institutions are worlds best capitalised, Indian ROI on most economic activities, is MOST capital efficient in the world, along with Japan. China has done well, but its hard if not impossible to verify. Its week on institutions which are pillars of most successfully countries. India is held back back corruption and inefficiencies.
Both are just as good in certain respects, or just as bad in others. I believe both with prevail in their own way in the future.