India has already joined the club of Trillion Dollar Economy and the pace at which we Indians are developing our resources, Technology, Trade partners, In fact Economy as a whole, and of course Reputation among other top notch countries, the day is not far away when this planet will witness India as one of the strategic leaders in South east Asia . India was rising @ 9%, but due to this recession, growth has plummeted at 6.7% which is far-far better than, if you compare it with its other counterparts and European countries.
India can be regarded as a brawny but it never can be a herculean until unless china exist, may be you find it flimsier but china the third largest economy in the world with GDP of $4.2 bn (IMF Report), and growing almost in double digits, is going to be the hub of all trades, the day will come when china will start importing all the required recourses from Asian countries and then export it throughout the world, it will be a centralization of trade. Does u acquiesced with it??????
If yes then mind the Japan’s economy, yet it is second largest economy in the world, after Second World War they grown like anything, but what about today, their economy growth is negative, having negative population growth rate, Export is down by 15%, overall china is going to leave it behind within few years. China is an economy which is dependent on its industry, and omen are not so good for Chinese industry, most of the Chinese industry has been taboo in U.S (Toys, Pharmacy etc.) and other nations like India (Cement Industry), and as we know about vicious cycle………… so china won’t be a china down the line 15 years.
The day will come (by the 2025) when china will be on same track as Japan today, and that day whole world hunt for novel leader it can’t be anyone except the auspicious nation of youth INDIA.
After all Slow And Steady Wins The Race,,,,,,,,,,,isn’t it.
Shushant Dubey
SSIM, Hyderabad
09701530332
ya i hope for the same but chances are less as we can see that china has become the no.1 in export and going to be 2nd largest economy in the world and i dont think that any1 dare to stop it from growing.................
ReplyDeletebut thax for writing such a nice blog....
yes i agree with you . and i would like to say one thing that your articles are really good as they provide deep insight about what is happening in the economy. the data used by you is of immense help to those who relly are desperate for getting something good . we are getting lots of insight and more in less time . i just wanna say all the best and just continue this.
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