China and India compared

The Economist recently posted this comparison of development measures in China and India on their Daily Chart site.   The graph shows the number of years that have elapsed since China passed the development milestones that India has now reached. India’s per capita income, for example, was about $3,200 in 2009 (holding purchasing power constant across time and between countries). China reached that level nine years ago.  In India today, comparisons with China are common, and a sense of competition between the two countries is present in the popular media.  In China, by contrast, there seems to be less concern about competition with India.  It’s primarily the Europe and North America that China compares itself to in terms of development and modernization.

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