Business Standard

<b>Letters:</b> Too fast to catch?

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Business Standard New Delhi

This refers to Evan A Feigenbaum’s article “Who will win as China’s economy changes?” China has become the world’s second-largest economy after the US. Factors like a big population, large-scale agricultural activities and huge investments in the health sector have paved the way for China’s growth. Currently, China’s GDP is estimated at $5 trillion. India is way behind China in terms of economic growth. This is surprising because just over a decade ago the two countries were on equal footing. The reason our country lags China is rampant corruption and the mess created by the political class. The country’s political system has failed to create strong policy and lacks leaders. The path ahead to development is very tough for India and it needs great minds and inspiring leaders.

 

P Senthil Saravana Durai, Hyderabad

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First Published: Jul 27 2011 | 12:01 AM IST

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