2. Economy: Overview
• China has a higher GDP
• China has a higher GDP per capita
• China has a lower inflation rate
• China has lower unemployment rate
• China has higher current account balance
• China has higher GINI coefficient than
India, which is not good.
7. STATISTICS
CHINA INDIA
GDP >7.5% <5%
GDP PER CAPITA $6747 $1504
UNEMPLOYMENT
4.1% 6%
RATE
CURRENT ACCOUNT
BALANCE
$202
Billions
$-46.9 Billions
GINI COEFFICIENT 47.4 36.8
8. Demographics: Overview
• China has a larger population but India has a
younger population.
• China is more urbanised where as India has
greater rural population.
• China has larger labour force.