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China in the
past half a decade has seen a tremendous increase in economy with
growing trade and exports. China's products are seen as cheaper
compared to Indian apparel and textile products although its opinion
of lot of people that Indian products mark a much better quality
standard. Its cheap labour and government global policies have seen
china rising as a big asian giant.
India needs
to open up more to global scenerio and pull up their pants if it
plans to take a bigger piece of import market share. India should
remove all kind of red tapism making it more approachable and sellable
in the global market. Aggressive marketing is the name of the game
today.
Surprisingly
china being communist while India being a democracy is not able
to liberalise its trade policies.
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