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G?mr?k Birli?i G?R? 1 1- EKONOM?K B?T?NLE?MEN?N SAFHALARI 2 1.1-Tercihli Ticaret Anla?malar? (Preferential Trading Agreements) 2 1.2-Serbest Ticaret B?lgeleri (Free
mr Chapter 1 Animal Farm - by George Orwell I MR. JONES, of the Manor Farm, had locked the hen-houses for the night, but was too drunk to remember to shut the popholes.
Mr. Know All Often in our self indulged lives we don't take a moment to step back and look deeply at the true characters of the people around us. Instead we are
Mr. Flood's Party? Mr. Flood's Party? When used correctly, symbolism and irony can be very effective. Edwin Arlington Robinson is a master of symbolism, and uses
Mr ABSTRACT This paper demonstrates a particular model for making the pricing decisions associated with hotel booking. Implementing such pricing decisions that are
Submitted by kapoorsumit on January 7, 2006
Category: Miscellaneous
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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% per cent over the corresponding period last year. Despite the rapid growth, the share of India in China's imports is just 1.0 per cent (in 2003) and of China in India's imports is fewer than 5 per cent. In 2003, the total trade in services between the two countries amounted to US$ 75 million representing a growth rate of 125.5 per cent. This suggests an enormous potential for trade expansion.
According to the Government of India statistics, during the period January
1991 to August 2003, India has approved FDI of US$ 231 million from
China. According to the Chinese Ministry of Commerce, the total Indian investment projects in China reached 101 by the end of 2003, with the total contracted investments amounting to US$ 235 million and actual investment amounting to US$ 79 million.
This brief overview of India-China trade and investment linkages shows that the magnitude of trade has expanded rapidly over the past few...
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