why have india and china become, so economically successful over the years.
132046
A large part of their success, specially India, is due to outsourcing by the United States.  During the 1980's and 1990's companies spent huge sums of money laying fiber optic cable under the Atlantic Ocean and elsewhere.  They anticipated huge demands for broadband.  The demands never quite materialized, and countries like India took advantage of very cheap international communications to set up call centers to handle a range of services from tech support, to accounting to data storage and tedious programming.  Given their cheaper labor rates, it made sense for American companies to outsource work to them.  They were prepared for all of this because they anticipated it and had trained huge numbers of scientist and engineers in comparison to the U.S. An example of the result of all of this is the fact that in 2005, there were over 245,000 Indians answering phones from all over the world or dialing out to solicit people for credit cards or cell phone bargains or overdue bills! Bangalor is one of the cities that has flourished from this new economy.  The Indians are taking English courses, including accents and regional speech.  Soon, you won't be able to tell that you are talking to an Indian. Right now there is a fast food restaurant in Colorado that is routing drive-up orders to a call center in India that processes the order and sends it back to the kitchen.  This cuts about 15 seconds from the time it takes to drive up to the time you leave with your order!  The 15 seconds translates to big money for the restaurant.
672196
You are not late to make money in emerging markets like India, China, Malaysia, and Indonesia. South Asian economies Like India, Pakistan and Bangladesh are growing at the rate of 8%.
71969
Strong and growing. Thanks to the great fiscal managment of the Government. Monetary policy has been good to.\n\nCheck out the following: GDP and its growth rate, CPI increases, Unemployment rate, Interest rate just to name 4
489014
Something good about China? They have good food.
625591
Agriculture\n\nAbout two-thirds of all Indians derive their livelihood directly from agriculture, a proportion that is not much smaller than it was at the beginning of the 20th century. The area cultivated, however, has risen steadily and is now considerablymore than half of the nation's total area, a proportion matchedby few countries in the world. Inthe more fertile regions, such as the Indo-Gangetic Plain or the deltas of the eastern coast, the proportion of cultivated to total land often exceeds 90 percent.\n\n\nAlthough the average farm size is only about five acres (two hectares) and is declining, that figure masks the markedly skewed distribution of landholdings. More than half of all farms are less than three acres in size, while much of the remainder is controlled by a small number of relatively affluent peasants and landlords. Most cultivators own farms that provide little more than a bare subsistence for their families. Further, nearly one-third of all agricultural households own no land at all and, along with many submarginal landowners, must work for the larger landholders or must supplement their earnings from some subsidiary occupation, often the one traditionally associated with their caste.\n\nAgricultural technology has been undergoing rapid change inIndia. Government-sponsored, large-scale canal irrigation projects, begun by the British in the mid-19th century, were greatly extended after independence, but there has been a shift in emphasis toward deep wells (called tube wells in India), often privately owned, from which water is raised either by electric or diesel pumps. Important in several parts of India, especially the southeast, is “tank” irrigation, in which water is drawn from small reservoirs created along the coursesof minor streams.\n\nThe demand for chemical fertilizers also has been steadily increasing, although since the late 1960s the introduction of new hybrid, high-yielding varieties of seeds (HYVs), mainly for wheat and secondarily for  rice, has brought about the most dramatic increases in production, especially in Punjab (where their adoption is virtually universal), Haryāna, western Uttar Pradesh, and Gujarāt. So great has been the success of the so-called Green Revolution that India was able to build up buffer  grain stocks sufficient for the country to weather several years of disastrously bad monsoons with virtually no imports or starvation and even managed to become, in some years, a modest net food exporter. During the same period, the production of coarse grains and pulses, which were less in demand than rice and wheat, either did not increase significantly or decreased. Hence, the total per capita grain production has been notably less than that suggested by many protagonists of the Green Revolution, and the threat of major food scarcity has not been eliminated.\n\nMost Indian farms grow little besides food crops, especially cereal grains, and these account for more than three-fifths of the area under cultivation. Foremost among the grains, in terms of both area sown and total yield, is rice, the crop of choice in almost all areas with more than 40 inches (1,000 millimetres) of average annual precipitation, as well as in someirrigated areas. Wheat ranks second in both area sown and total yield, and, because of the use of HYVs, leads all grains in yield per acre. Wheat is grown mainly on the fertile soils of northern and northwestern India in areas with 15 to 40 inchesof average annual precipitation, often with supplementary irrigation. Unlike rice, which is mainly grown during the kharif (summer) season, wheat is primarily a rabi (cool-season) crop. Other important cereals, in descending order of sown acreage, are sorghum (called jowar in India), pearl millet (or bajra), corn (maize), and finger millet (or ragi). All of these typically are grown on relatively infertile soils unsuitable for rice or wheat, while corn cultivation is also favoured in hilly and mountainous reg
463438
Consumers in developed countries have more disposable income and so the demand for services is higher, developing countries have low capitol and labour costs and so are attractive for manufacturing companies. I believe these are the main reasons, but there is a lot more to your question than meets the eye.
132099
China is pretty smart... I think we can all agree they have an artifically devalued currecy, which gives them a nice advantage in the world market, but hey it's not like the U.S. doesn't have some nice advatages too. I worry a lot about human rights issues there and I wish they could maybe set a little better example for Southeast Asia. But as for it's role in the international community, it's a billion people, huge workforce for potentially cheap labor and huge market for imported goods. The needs are pushing up the prices for goods internationally though, like oil, but hey that's consumerism.
648327
China is already an economic superpower \nIt is the no.1 manufacturing destination in the world !\n\nAs far as overall econonomy, China overtaking the USA ... some way to go !!!
277148
China! and india is their buddy
666029
World dominance and economic interest.
208810
China, Australia and India. Due to cheap labour and Australia's abundance of natural resources.
278535
it brought better technology \n+ railroads\nregulate economic systems
297016
accountants are still in demand. One of the few professions that have not been farmed out to China or India yet. Engineering is also an option.
306748
ok well Russia is in a decline of democracy (its killing them), India is good but they have too many proverty problems, EU is geting quite strong but they still are too young for any control, China is the answer they have had so many advancs in 20 years and are currenty working on space engineering. I believe the Chinese will be since they already monopolize the industries and trade...It all a matter of time.
143805
Believe it or not the Chinese are making it work, and work quite well. With their one child per family and population control, they have started to create a society of geniuses, scholastically. They also have America & Russia working for them right now to industrialize their Country through America & Russia's un-controlable greed, and capitalism. Setting back and waiting was the obvious right move. America owes them trillions of dollars, and China id using that to control the trade industry of the World now. It's America's greed to slave labor that America can't provide that has been destroying our economy in the last 10 years. Outsourcing is going to be our ruin.
281842
Absolutely. India is the world's biggest democracy and could easily become the third biggest economy. With the proper social reforms and a more realistic government India could be a superpower sooner than China. Alas, only hatred and prejudices die hard and will restrain growth until they are addressed.
58405
These two countries don't like each other and India has a more favorable attitude towards America. The "Cold War" conditions set in long ago also allow India to help us out with China.\n\nChina is a real sleeping giant and it's best for us the keep an eye on them.