Jade
SENIOR MEMBER
- Joined
- Mar 5, 2010
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- Country
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Although entrepreneurs have highlighted difficulties associated with the institutional organizations for both countries as important barriers to investment, China appears to be lagging behind not only in efficiency but also in lack of competitiveness of its human capital. While India faces its own challenges, mainly related to the financial sector, its strong presence at the high end of the value chain combined with innovations addressed to low-income consumers make it likely to become a more important player in S&T in the coming decades.
This argues well for India in the long term