In a recent debate organized by JP Morgan, Frank Gong, head of China research, Adrian Mowat, chief regional equity strategist, and Arup Raha, head of equity research and strategy for India, sat down to analyze the differences between China and India.
To outsiders it often seems that China gets all the good press and India all the bad. A huge and ramshackle bureaucracy, the caste system, nuclearization, levels of poverty Indian life expectancy is only 63 compared to China's 70 wages are just $0.16 per hour compared to China's $0.84 that force themselves onto the visitor, and the festering sore of Kashmir have all caused immense 'image' problems for the country....