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BUS5POE Economics| Critical Review on: Can India overtake China?

Answer: With the effect of globalisation in the business market, business firms have started expanding their operations in the international market and with regards to this, various countries have also started promoting and encouraging FDIs for the motive of strengthening their economies. Globalisation and encouraging FDIs is another great measure for enhancing GDP along with generating employment opportunities for the local public. India and China are two giant players of Asia-Pacific region which are in power currently across the globe and with regards to this, China is known as the manufacturing hub of the whole world but on the other hand, India is also utilising their internal resources for the motive of building their reputation as the technology hub of the world (Seidler & Bawa, 2016).

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