Compare and analyse the given data of India and China with valid arguments.
Annual Growth of Gross Domestic Product (%), 1980 ? 2017
Country 1980-90 2015-2017 1980 - 90
India 5.7 7.3
China 10.3 6.8
Source: Key Indicators for Asia and Pacific 2016, Asian Development Bank, Philippines;
World Development Indicators 2018.
Solution :-
The given data shown that China has gained economic strength over the years. At that time, many developed countries find it very difficult and China maintained near double-digit growth of 10.3 during the decade of 1980-90. The growth rate of China was of 6.8% over the period of 2015-17.
In the recent past India has a decent rise in the growth rate. While India had maintained a reasonable growth rate of 5.7% in the decade of 1980’s and it has shown a tremendous growth in the period 2015-17 by having an average of 7.3% over the period of 2015-17.
The given data shown that China has gained economic strength over the years. At that time, many developed countries find it very difficult and China maintained near double-digit growth of 10.3 during the decade of 1980-90. The growth rate of China was of 6.8% over the period of 2015-17.
In the recent past India has a decent rise in the growth rate. While India had maintained a reasonable growth rate of 5.7% in the decade of 1980’s and it has shown a tremendous growth in the period 2015-17 by having an average of 7.3% over the period of 2015-17.