China imports losing ground in India

RedDragon

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Jan 29, 2011
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well, the per capital nominal GDP of India is just 1/4-1/3 of CHina's ,so is the average wage of India.

India's labour is much cheaper than China's ,but it don't means that cost of business activity in India is lower than CHina,due to its poor infrastructure ,inefficient beurocrafty system and high illiteracy.
All of this can be achieved by hard working and discipline, that depend on if their people and the leader have the determination.

After all, no pay no gain.
 

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