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The Economist: India China export growth rates

India is the 10th biggest services exporter in the world, & the world's 20th biggest merchandise & goods exporter. For China, it's a completely different case. India exported services worth $110 billion, and merchandise worth only $216 billion in 2011. It's not fair for India to be compared to a country much better than it in every way, especially in terms of imports & exports.
 
India is the 10th biggest services exporter in the world, & the world's 20th biggest merchandise & goods exporter. India exported services worth $110 billion, and merchandise worth only $216 billion in 2011. For China, it's a completely different case. It's not fair for India to be compared to a country much better than it in every way, especially in terms of imports & exports.

The times...they are a changin...welcome to topic anyways. :wave:
 
bilal sir, India's export is steadily rising. the engineering goods export the it export( 44 billion dollar in april-sept period is half of financial period till now/ compare with total of 60 billion dollar it export last year).

India and China have very different economic models. while India followed domestic consumption model china followed export led model. these are two completely different models totally changing the dynamics of economies of respective nations.
chinese exports are bound to rise as they have main aim of export. after exporting stuff made cheap in china for past 40 years, attracting foreign investment of 100 billion dollar every year, they have higher figures.
India on the other hand wake up late in early 1990s. yawned till 1995/6. and then finally since 2000 started working. what all you see is the work of institution making in 1990s and their application in 2000-10.
till now only 20% of Indian population is contributing in the economy which are giving these figures. but trickle down effect has already started and many of the jobs are now reaching tier 2 and tier 3 cities.
the use of IT power lead to access of many banaras tailors to international markets leave aside MSMEs.

we are where china was 20-25 years before. lets give Indian economy a chance.
 
exports don't make up for an economy completely..there is a reason behind India fast growth rates..
So i guess the self made economists in this thread should get wise nd not make a fool out of yourselves.
 
India is the 10th biggest services exporter in the world, & the world's 20th biggest merchandise & goods exporter. For China, it's a completely different case. India exported services worth $110 billion, and merchandise worth only $216 billion in 2011. It's not fair for India to be compared to a country much better than it in every way, especially in terms of imports & exports.

Could India become a “surplus” country like China?

what is wrong in comparing with china? comparison is always done with better things and not the reverse....If India looks up to china to become a surplus country like china then what is wrong with it?
 

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