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How central planning has groomed China
Updated On: 08 July, 2014 06:35 AM IST | | Manoj Joshi
Traveling to China is always a somewhat depressing experience for an Indian of my generation
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Traveling to China is always a somewhat depressing experience for an Indian of my generation. That is because till my middle-age, both were what was unfashionably called underdeveloped countries and today it would seem that China is another planet.
In 1990, China’s GDP was roughly the same as India’s and parts of its infrastructure, such as its railway system, were considered inferior. Today, China’s GDP is around $9 trillion and India’s is $2 trillion.
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