India and China

bq. Despite India’s rapid growth, however, China’s development enjoys a good 15-year head start, and the gap shows no signs of narrowing. Indians worry openly whether a consensus for growth can be sustained with the kind of single-mindedness that has helped propel China.”New York Times”:http://nytimes.com/2005/04/10/international/asia/10asia.html?ei=5094&en=1d46ccec22483ed2&hp=&ex=1113192000&partner=homepage&pagewanted=print&position I have previously “reported”:http://www.inquit.com/article/335/can-india-double-its-trade-share on the fundamental differences between the two, and in particular, on the under-performance of India’s economy. It seems, however, that India’s growth prospects may be improving rapidly. bq. India will double its share of world trade ahead of its target date of 2009 as its integration with the global economy accelerates, Kamal Nath, minister of commerce and Industry, said on Friday.  “FT.com / World – Exports up as India ‚Äòupgrades’ trade policy”:http://news.ft.com/cms/s/dcf4d94e-a850-11d9-87a9-00000e2511c8.html

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