CHINA’S GROWTH STORY NEARING END For better part of the last three decades, China has grown at the fastest rate among big economies. India’s growth rates were dwarfed by the Chinese. The economy of China is about five times bigger than that of India. China achieved this growth riding on the back of massive investment in urban based manufacturing and infrastructure. The manufacturing infrastructure of China has now reached a point of diminishing returns. There are several reports about crisis in manufacturing sector in China. On the other hand, India has picked up in the last few years. Its average growth rate of about 5 per cent in the last decade was low in terms of number but solid on fundamentals. Since 2015, India has emerged as the fastest growing nation among the big economies. There are several estimates suggesting that in 2020s, India will emerge ahead of China on several counts in economy. The recent reforms by the Narendra Modi government are only expected to give boost to Indian economy whose fundamentals are more balanced than those of China. A democratic India has more scope for fast and balanced growth than communist China. =================================================== DISCLAIMER: Information, Facts or Opinion expressed in this Video are Presented as Sources and do not reflects views of INDIA TUBE and hence INDIA TUBE is not liable or responsible for the same. The Sources are responsible for accuracy, Completeness, suitaibility and Validity of any information in this Documentary. Facebook ► https://www.facebook.com/indiatubedesk Twitter ► https://twitter.com/indiatubedesk ˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍˍ SOURCE► india today ==================================================== THANKS FOR WATCHING, PLEASE LIKE SHARE AND SUBSCRIBE TO THE INDIA TUBE ====================================================