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Although many people have a lot of criticism for China, you have to admit that China is now the United States’ biggest rival.
Why isn’t it India, which has a larger population?
The results of decades of reform and opening up are very significant.
“Starting in 1950, India’s economy had a stronger overall base than China; by 1975, the two countries’ per capita incomes were broadly close.
If you look only at money income (per capita GDP), the gap isn’t big; but when measuring the quality of life for ordinary people, public welfare, and the degree of equality among the grassroots, China is clearly ahead; for the variety of consumer goods and the degree of market-oriented freedom in society, India is stronger.”