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Good points, and it goes beyond that - (disclaimer: I'm an Indian, so I might be biased) India is not just economically and strategically, but also ideologicall
by vamsee 17y ago
Good points, and it goes beyond that - (disclaimer: I'm an Indian, so I might be biased) India is not just economically and strategically, but also ideologically a threat to China. We have a working democracy (though by no means perfect), and the growth rate (around ~7.5%, opposed to China's 10%) is real, as opposed to China's famous dodgy math when it comes to economic issues. China is more likely to implode economically if political unrest (when it begins) gets out of hand - India has been dealing with that since ages, so there won't be any surprises. So in a way, though China is growing much faster and a more lucrative investment destination, India is much, much safer (our central bank, aka RBI, is extremely conservative and hawkish on economic issues - which is why we survived the global financial meltdown of last year).