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Q.

Will the downfall in the Chinese economy affect India?

Tags: travel, india, sports
Asked by ankit shivam, 05 May '10 10:28 am
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Answers (4)

 
1.

While China today is roughly nine times as big as India, it is expected that China will very soon become an aged and affl uent nation, similar to what happened to Japan, Singapore, Taiwan and others and will begin to plateau its economic growth. Also, it will outsource manufacturing to other nations, especially in Africa and other resource rich nations.

The rapid aging of Chinese population attributed to its one child policy implemented over two generations will impact its domestic economic growth. On the other hand, while India is at present one tenth in size of China, it will experience accelerated growth in less than ten years with better infrastructure, political reforms and fi nancial transparency.

Also, India will refocus on manufacturing both for global supply as well as for its domestic demand. Unlike China, however, India's manufacturing will be selective and largely concentrated on high-end aerospace, military, space and consumer durables including automobiles and appli ...more
Answered by Badal, 05 May '10 10:38 am

 
  
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2.

I wouldn' think so. I would say if Chinese economy gets hit hard, we also suffer considering most of our distributors in various industries stock Chinese goods.
Answered by A Moin, 05 May '10 01:35 pm

 
  
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3.

Yes
Answered by anil garg, 23 Oct '12 08:24 pm

 
  
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4.

There will be positive impact on India's economy resultant to China's fall and that is imminent. Yeah, ageing population will be in their disadvantage with one child norm. Outsourcing supplies from other countries will not be that easy for China with many players vying with each other in this sector in the international arena..
Answered by Siachen, 06 May '10 11:00 am

 
  
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