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India china good neighbors
India and China are two large, neighboring countries with long histories and predominantly rural populations. Both countries have seen significant economic growth in recent decades. India's GDP was $4 trillion in the last reported quarter while China's GDP was $10 trillion. Currently, China has the world's largest population at over 1.3 billion people, while India is second largest with over 1.15 billion people. In the past, India and China had periods of both positive and strained relations, but relations have improved in recent decades through increased high-level visits and agreements between the countries' leaders. Both countries now see each other as important economic and geopolitical counterparts.
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India china good neighbors
- 1. SEMINAR ON “INDIA AND CHINA GOODNEIGHBOURS AND GOOD COUNTERPARTS”
- 2. SUBMITED TO:- PG DEPATMENT OF COMMERCE SUBMITED BY:- SUKHCHAIN CLASS : B.A.F. Ist ROLL NO. 9007
- 3. TABLE OF CONTENTS INTRODUCTION INTRODUCTION OF INDIA INTRODUCTION OF CHINA INDIA AND CHINA RELATIONS GOOD RELATIONS COUNTERPARTS REFERENCE
- 4. INTRODUCTIO N India and Chinaare two big countries not only of Asia but also of the world. They are two neighboring countries and both have also preserved their five thousand years old cultures. They are agricultural countries and a great majority of population is rural. The lakes of villages spread all over the country and the rural population have been the main resources of the cultural expansion as well as of the economic growth of their respective countries.
- 5. INTRODUCTION OF INDIA Indiais located in the south of the Asian continent, bordering the Arabian Sea and the Bay of Bengal. The country's territory is measured at nearly 3.3 million square kilometers (1.3 million square miles) extending from the snow-capped Himalayan Mountains in the north to tropical forests in the south. India shares more than 14,000 kilometers (8,800 miles) of borders with 7 neighboring countries. To the northwest are Afghanistan and Pakistan; to the north are China, Bhutan, and Nepal; and to the east are Burma (also known as Myanmar) and Bangladesh. The Gross Domestic Product (GDP) in India expanded at an annual rate of 8.80 percent in the last reported quarter. Current Population of India in 2010 is around 1,150,000,000 (1.15 billion) people. Currently, India is second largest country in the world after China in terms of population.
- 6. INTRODUCTION OF CHINA China islocated in the east of the Asian continent, on the western shore of the Pacific Ocean, bordering the East China Sea, Korea Bay, Yellow Sea, and South China Sea. It covers an area of about 9.6 million square kilometers. China is the third largest country in the world (after Russia and Canada). The China Gross Domestic Product is worth 4909 billion dollars or 7.92% of the world economy, according to the World Bank. With just over 1.3 billion people , China is the world's most populous country. China is the largest country entirely in Asia. China is bordered by Korea to the east, Mongolia to the north, Russia to the northeast, Afghanistan, Pakistan, India, Nepal, Sikkim and Bhutan to the west and southwest; and Myanmar, the Laos and Vietnam to the south.
- 7. India-China relations hasa long history, which was seen both ups & downs during these last 6 decades. The relations between late 50's & early 80's were sour due to circumstances leading to the war of 1962, which led to a serious setback in bilateral relations. Nevertheless, India & China restored ambassadorial relations in 1976. In this backdrop it is essential to know the various to and fro visit of the premiers & other high level dignitaries of both the countries. 1. In 1979, the External Affairs Minister Atal Bihari Vajpayee made a path breaking visit to China, which lead to the renewal of contacts at the highest political level after two decades. 2. Chinese Foreign Minister Huang Hua made a return visit to India in 1981. 3. The visit of PM Rajiv Gandhi to China in December 1988 was a landmark in India-China relations. It led the way for resumption of political dialogue at the highest level between the two countries after a gap of almost 28 years. During this visit both side agreed to develop & expand bilateral relations in every field. It was also agreed to establish a Joint Working Group on the Boundary question to seek a fair, reasonable & mutually acceptable solution. INDIA CHINA RELATIONS
- 8. GOOD RELATIONS In past chinaand India relations was very good. Besides the border issue & the Joint Economic Group (on economic & commercial issues), there are bilateral exchanges in Science & Technology, outer space, mining, audit, defence, personnel & culture. Premier Li Peng visited India in December 1991. Prime Minister Narasimha Rao visited China in September 1993. President Jiang Zemin's state visited to India in November 1996 was the first by Chinese Head Of State. During his visit, the two countries agreed to work towards a constructive & cooperative relationships while continuing to address outstanding differences. Four Agreements were signed, of which the most important was one on Confidence Building Measures in the Military field along the LAC in the India- China Border Area was signed along with other agreements..
- 9. COUNTERPAR TS INDIA CHINAAN ECONOMIC COMPARISON GDP INDIA VS GDP CHINA GEOGRAPHY POPULATION
- 10. INDIA CHINA ANECONOMIC COMPARISON India and China are the world’s next major powers. And in a global economy, affected by the financial crisis, where most advanced countries are slumped into recession, India and China are growing. In a PPT India and China it has statistically compared the economies and industries between these two countries. Both the countries have an important role to play in the world economy, with China embracing private entrepreneurship and India facilitating globalization within its economy.
- 11. GDP INDIA VSGDP CHINA The growth rate in GDP India vs. GDP China has increased outstandingly in the recent period due to several factors leading to an economic upsurge in both the countries. According to a survey report on the growth rate of China and India GDP, it has been stated that the institutional investors have made a notable contribution in the country's economy, which led to the hike in the GDP of both the countries. India GDP and China GDP are likely to grow in their own ways. It has been reported by a survey done on GDP India vs. GDP China that India's GDP is four trillion whereas China's GDP is ten trillion. As per the post-war history of economics, China's economy has undergone a drastic change with seven percent increase in its GDP. The infrastructural development in China has also been quite higher than that of India, which has added to the growth of China GDP. It is assumed that by the year 2050, both India GDP and China GDP will witness growth. The current GDP of China is USD two trillion which is predicted to reach USD 48.6 trillion by 2050. On the other hand, India's current GDP is USD one trillion, which will become USD 27 trillion by that time.
- 12. GEOGRAPHY India’s exports: fast- expanding but still equivalent to 13 per cent of china’s and 16 per cent of ASEAN’s in 2005. China’s export surge huge but fast – paced developments in china and India also embodying vast import demand. The ratio of trade to GDP had been low in China (31 per cent in 1990) and India (13 per cent) . China’s ratio more than doubled to 64 per cent in 2005 , a high proportion for a large economy. India’s ratio stood at 30 per cent . The corresponding ratios for traded good and services were 38 and 57 per cent respectively.
- 13. POPULATION The Indian populationcurrently numbers over 1.15 billion people, a figure which comprises more than 17% of the earth’s total population. While the country’s population was only 5 million when it first won its independence from Great Britain, it had managed to triple in only sixty years. China’s population was pegged at only 563 million in 1950, although the next few decades saw a dramatic increase to over one billion in the next three decades. The country's population now stands at more than 1.3 billion people, making China the most heavily populated country in the world. In fact, China’s population comprises 20% of the world's total population, which means that one in every five people on the planet is Chinese.
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