Quote:
Originally posted by Spanky
The only way India will emerge as a world power is if it adopts free market policies. They have about a 6% growth rate and China has over 10%. The new Prime Minister has been trying to push through reforms (like he did in the 90s) but he just can't seem to get past the special interests. You don't have to be a mathmatician to figure out that China, if things don't change, is going to leave India in the dust. Taiwan, Honk Kong, Japan, Malaysia Korea, and Singapore etc, already left India in the dust, now it is simply the PRCs turn.
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How can you possibly know what China's growth rate is. They do not have a free flow of information. All of the information comes from the government. There is not a free press, is there. No. So your "data" is suspect. The data on India may be suspect too, but the chances are greater that it is more accurate than the data for China. So how can you say that. That is all I ask.
