International NewsNews

India vs China: Miles to cover for Indian economy

As Chinese President Xi Jinping meets Prime Minister Narendra Modi in Chennai and talks on several issues ranging from geopolitics to trade, here is a look at the two economies and their performance over the years.

Although India is frequently pitted against its northern neighbour in terms of economic growth, data shows that the Indian economy is much behind China. With a gross domestic product (GDP) of $13.60 trillion in 2018, as per data from the World Bank, the Chinese economy is around five times larger than India which was at $2.72 trillion last year.

Chinese GDP had reached $2.75 trillion way back in 2006, the data from World Bank showed. This shows that in economic terms, Indian is around 12 years behind China.

View more…

Leave a Reply

Your email address will not be published. Required fields are marked *