While India is a democracy, created as a republic after the passing of the rule from the British in 1947, China, ostensibly a republic, wad forged on the anvil of a Communist takeover under Mao Zedong. It established a dictatorial socialist system that survives in most forms except for one marked difference, an open market system economy that is free in as much as the Politburo lets it be.
While India is just one-third the size of USA, China is almost as large as the USA. With this as the backdrop India has an irrigated land area that is larger than that of China. India is at 590,000 sq km, while China is at 525,800 sq km.
India's strength for so many years and the foundation on which industry and services sectors grow is better. It won't take a genius to figure out which direction India is heading. And although this is offset by a population that is just 200 million short of China's 1,298,847,700, nevertheless, India's median age is just above 24 years while that of China is into the early thirties. This can translate into a population that is still in its youth and thriving while the Chinese population is in middle age.
The benefits can stretch right across all parameters of the economy as the more vibrant Indian population can be more innovative, modern in thought, willing to take profitable risks, identifying the future much more accurately and a go-getter.
