China follows next at the 2nd position. Both India and China have a good majority of educated young people with good labour cost opportunities.
China lags behind India in terms of industry size, lack of language capability, concern over intellectual rights protection. China is an important player in the Asia-Pacific offshoring sector.
China has begun offering specialised skills not only in English, but also Korean, Japanese and Chinese.
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I feel China will grow much faster as they are doing proper investment in resources, infrastructure and have clear vision to become world's top economy. Wheras India is still lacking behind due to ineternal issues and corrupt political system.