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Battle of the Giants
Topic: Society 12:07 pm EST, Mar 28, 2004

China is touted as the next economic and military superpower, but India may yet overtake it in the new global order.

China's foreign investment inflow is running at $US53 billion a year, as against India's $US5 billion.

India's average growth rate has been about 6 per cent, meaning its 1.1 billion people -- with half China's per capita income -- are falling behind their Chinese counterparts.

Indian visitors to China are almost driven to despair ...

India is plugged into Silicon Valley; China into the Wal-Mart.

"It's the difference between hardware and software."

Battle of the Giants



 
 
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