CHINA AND MISTAKES OF INDIA

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 CHINA AND MISTAKES OF INDIA

Read more on - Polity | Economy | Schemes | S&T | Environment


    • China became PRC (People’s Republic of China) in October 1949
    • The communists led by Mao Tse-tung proved horrible at running the economic show in China
    • By 1976, when Mao died, China’s economy was in tatters
    • Deng Xiaoping took charge in 1979, and launched the large-scale restructuring of Chinese economy
    • By 2000, China had started becoming the manufacturing hub of the world
    • By 2020, China’s share in world GDP had grown manifold
    • Indian economy also liberalized from 1991, but failed to pick up equal speed (compared to China)
    • Today, Chinese economy (real GDP, $ terms) is more than 4X larger
    • That has had diplomatic, economic, strategic and military implications for India
    • The Five Mistakes
    • Trusting China – India trusted China and opened up its markets. However, China betrayed India (2020)
    • Not inventing in R&D – Indian R&D pales in comparison with China, and hence the dependence on external world for resources grows
    • Losing support in South Asia – Many nations of South Asia are not exactly friendly with India, making the task difficult
    • Not offering an alternative – The robust alternative that India could have become for China, it could not (so far)
    • Tilt towards US – The tilt towards US from 2003 onwards has become a complex dynamic now
                                                                                                                                                        Read more on - Polity | Economy | Schemes | S&T | Environment

                                                                                                                                                        PT's IAS Academy, PT education, IAS, CSE, UPSC, Prelims, Mains, exam coaching, exam prep, Civil Services test

                                                                                                                                                        PT's IAS Academy, PT education, IAS, CSE, UPSC, Prelims, Mains, exam coaching, exam prep, Civil Services test

                                                                                                                                                        PT's IAS Academy, PT education, IAS, CSE, UPSC, Prelims, Mains, exam coaching, exam prep, Civil Services test

                                                                                                                                                        PT's IAS Academy, PT education, IAS, CSE, UPSC, Prelims, Mains, exam coaching, exam prep, Civil Services test

                                                                                                                                                        PT's IAS Academy, PT education, IAS, CSE, UPSC, Prelims, Mains, exam coaching, exam prep, Civil Services test

                                                                                                                                                        PT's IAS Academy, PT education, IAS, CSE, UPSC, Prelims, Mains, exam coaching, exam prep, Civil Services test


                                                                                                                                                        PT's IAS Academy, PT education, IAS, CSE, UPSC, Prelims, Mains, exam coaching, exam prep, Civil Services test

                                                                                                                                                        PT's IAS Academy, PT education, IAS, CSE, UPSC, Prelims, Mains, exam coaching, exam prep, Civil Services test

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                                                                                                                                                        PT's IAS Academy: CHINA AND MISTAKES OF INDIA
                                                                                                                                                        CHINA AND MISTAKES OF INDIA
                                                                                                                                                        Excellent study material for all civil services aspirants - begin learning - Kar ke dikhayenge!
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