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Competitive Position of China and India: A Business Report

Analyzing the competitive advantages of the Indian economy based on the Global Competitiveness Report 2017-2018 and comparing it with China's financial market development barriers.

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Added on  2023-06-04

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This report evaluates the competitive position of China and India in terms of economic development, infrastructure, and financial market development. It also analyzes the concerns of the Indian Central Bank Governor in improving the economic performance of the nation. The report explains the position of China and India on the world economic development path and evaluates the report presented by the Indian bureaucrats. It concludes with recommendations to be taken. Subject: Economics, Course Code: ECONOMICS 1, College/University: Not mentioned

Competitive Position of China and India: A Business Report

Analyzing the competitive advantages of the Indian economy based on the Global Competitiveness Report 2017-2018 and comparing it with China's financial market development barriers.

   Added on 2023-06-04

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ECONOMICS 1
Business Report
By (Name)
Course
Instructor’s Name
Institutional Affiliation
The City and State
The Date
Competitive Position of China and India: A Business Report_1
ECONOMICS 2
Executive Summary
The report explains the concerns of the Indian Central Bank Governor in performing the
tasks to improve economic performance of the nation. It also explains the competitiveness
position of China and India. The Business Report also identifies the position of China and India
on the world economic development path. The research also evaluates the report that is presented
by the Indian bureaucrats. It also gives an analysis on the development of both China and India.
The report ends with a conclusion and recommendations to be taken.
Competitive Position of China and India: A Business Report_2
ECONOMICS 3
Contents
Introduction................................................................................................................................3
Analytical development.............................................................................................................3
Figure1........................................................................................................................................4
Figure2........................................................................................................................................4
Figure 3.......................................................................................................................................5
Figure4........................................................................................................................................6
conclusion....................................................................................................................................6
References...................................................................................................................................7
Appendx......................................................................................................................................7
Competitive Position of China and India: A Business Report_3
ECONOMICS 4
Introduction
India and China have long been business partners. Their relationship started way back in
the early 19th century (Bradsher 2015). According to the world economic forum, China is the 27th
position in the world global competitiveness index of 2018 edition. While its counterpart India is
the 40th in the global competitiveness index.In the past years of 1948, both India and China had
relatively low GDP per capita with a lot of poverty spreading all over the nations (Bradsher
2015). However, in the recent years they have both attained their economic development paths
from different political conditions (Owen 2011). With this, China is now the second nation with
the largest and biggest economy in whole world whereas India is ranked the 10th. India is well
equipped with different pillars good for their economic development.
According to research carried out, India’s economic growth has been low in the recent
years following a decline in their GDP per capita. For example, GDP per capita reduced from
60% in 2001 to 48.01% in 2009(Owen 2011). Similarly, the Global Competitive Report of 2108
shows that India has dormant pillars which are not put in use. The Government of India on the
other hand argues that if these pillars are developed and put in use, India would be among the
largest economies in the world. Both nations have put more emphasis on foreign dominations
and economic development to be moving hand in hand. But China has greatly considered the role
of the central governor to be key in their development unlike India (Bukola 2018).
Therefore, this paper analyzes the concerns of the Indian Central Governor in
undertaking the actions to develop their economy much better than China as represented by the
World Economic Forum (Owen 2011). Under that report, major criticisms came on poor use of
Indian’s infrastructure and education systems which were low compared to China (Ranjan 2017).
The Forum indicated that India’s major weaknesses are in technology advancements, health and
Competitive Position of China and India: A Business Report_4

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