Our root cause analysis of China’s economic growth is wrong. Even though China is a one-party authoritarian State, it is far more decentralised than India.
Barry Naughton, economist & expert on China, talks about the challenges of the nation's post-Covid economy & its new focus on 'construction of modernised industrialised system'.
The plan elevates China’s self-reliance in technology into a national strategic pillar, with special focus on chips, the building blocks for innovations from AI to 5G.
While export values have increased, India’s share in the global dairy trade has remained largely stagnant, despite being the world’s largest milk producer.
Initial talks held on the possibility of India entering the programme that was started in 2017 between France, Germany and Spain to ensure European sovereignty in defence and security.
Biggest problem is democracy. Politicians have to first protect their chair before welfare of citizens. In china they don’t have to deal with it.