Question
‘India and China are emerging as great economic powers'. Do you agree? Justify your answer with any three arguments.
✓
Answer
I agree to the statement that India and China are emerging as great economic powers.
China:
China:
- Regionally and globally, China has become an economic power to reckonwith.
- China's investment and aid to Latin America and African countries and projecting it self as a global player.
- China and India's access to WTO has opened them to the outside world.
- Like China, India is also emerging as a great economic power.
- India gradually regained after independence, following the policy of mixed and planned economy.
- Under the impact of globalisation, India's economy is growing internationally. The day is not far off, when it will be the top economy of the world along with China.
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