Please help with the following problem.
The health of the Chinese vs. Indian economy now and into the near future, what reports say about where these two countries are today and in the near future, as well as say over the next five to ten years. Please explain this to me very well with details.
In compliance with BrainMass rules this is not a hand in ready assignment but only guidance.
The health of the Chinese economy is strong and is likely to remain strong in the next five to ten year. However, the spectacular growth that China had achieved during the past was based on an annual GDP growth rate of 10%. In 2014, the growth rate has neared 7% and during the next five to ten years the growth rate is likely to slow further. The current growth rate is declining. For continued growth, China must remain stable. This necessitates that the current political dispensation to remain the same. ...
The answer to this problem explains Chinese vs Indian economy . The references related to the answer are also included.