Two reasons why India will start to out pace China.
1) Demography
China's workforce will start aging and won't be replaced as fast because of their
one child policy.
India is younger and mostly English speaking.
2) India's democracy
Ideas flow freely since it lacks China's secrecy and censorship.
China's rampant piracy should encourage most companies to invest in India.
Economic reforms from the 90's have unleashed commercial potential
lower taxes and easier to start business.
India's growth will start to out pace China in 3-5 years.
No comments:
Post a Comment