India and China are the two most populous countries in the world. India and China together contain about 37.5% of world population. So, India and China are huge markets. As these two countries play a massive role in world economy, their economy has a significant impact on world economy. But they differ largely in their trading pattern. China economic has grown by increasing investment in the manufacturing industry and increasing foreign trade, and for Indian economic growth mainly service sector is responsible.
China is the one of the largest trading partner of India. In past few years trade between India and China has increased rapidly. The economy of China is third largest in the world and still growing very rapidly. India is also developing with a fast rate. So, the trade between them leads to mutual cooperation and helps each other to develop. In this paper, an attempt is made to foresee weather the China or India rule the world economy.
India and China, Economy, Trade, Mutual cooperation
