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China economy

Race with China~I

The most significant advantage the India enjoys over China is of course its strong democratic tradition and decentralized model of governance as against China‘s highly centralized model which imposes its own limitations for a modern dynamic economy in the information age.

Inequality in two nations

Russia and China, two nations appreciated the world over for their successful mission towards an egalitarian society during the socialist regime, are now the victims of severe income disparity.