This century is proclaimed to belong to the Asian nations of China and India. It will be remembered in history as the arrival of these two giants on the world stage. Facts and data on various parameters involving these countries have been dissected and analyzed by all and sundry. Each 'expert' has painted a new portrait and given a new dimension to the economic successes of the two nations.Constant comparisons, vivid analogies, dramatic graphs and diagrams, have all romanticized the great 'China vs India' focus.
I will try and replicate some views to highlight some observations I made while reading economist views and media reports about these nations.
Reports in China
- China's economy grew by x% to reach of a figure of $y billion
- China constructing a bridge to connect mainland to Hongkong
Reports in India
- India's economy grew by a% to reach a figure of $b billion, but China's economy grew by x% to reach of a figure of $y billion, what does this mean?
- Bandra worli sealink completed, but China constructing a bigger bridge.
These are not isolated comparisons. If you Google 'India vs China', you will find mostly Indian or American websites discussing the two countries in tandem. Read the interview of Chinese economists (
click here) and then you will realize that China is not concerned about India. There is not a single mention of India in the entire article. Its we who are obsessed with them with our constant comparisons. Our media has created the drama, our economist are constantly comparing, our kids are writing essay and preparing for group discussions on this topic.
China is working on a export driven economy and India is building a strong domestic driven economy. It makes more sense to focus on our own path and channel energy towards our own goals. Probably the reason for their success lies in the fact that they are not paying attention to us. Maybe the two 'engines' of global growth need to discover their own destinies.
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