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Mr.

India and China are the 'twin engines of growth' of Asia. Indeed, each of them has a population of more than one billion. Together they constitute 40% of humanity. Both are developing countries, giant economies and amongst the fastest growing in the world. The large land mass, the vast natural endowments, the enormous size of the market, and the huge potential for growth, initial dependence on import substitution policies and now a highly capital intensive production structure: is what is common to both.

What can China and India learn from each other?

Bilateral Trade and Investment
India-China bilateral trade has grown rapidly in the last decade from US$ 339 million in 1992 to US$ 8 billion in 2003. The average annual growth of trade during the 1995-2003 was 26.4 per cent. In 2004, India became the 11th largest trade partner of China and the largest in South Asia. Bilateral trade between India and China reached a total of US$ 13.6 billion, representing an increase of 79.1%......


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Approximate Word Count: 2585
Approximate Pages: 11 (250 words per double-spaced page)

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