China and India have emerged
as the worlds leading
economies in the last four decades. The
remarkable economic rise of the once-dormant
and fragile economies of both China and India is
one of the astonishing stories in the recent past.
Both have introduced robust and revolutionary
reforms in their economic policies which effected
fast and sustained economic growth. These
reforms include liberalization of the economic
policies, emphasis on attracting foreign direct
investment, and focus on enhancing trade. China,
which introduced the semi-capitalist economy
after the 1978 reforms have already become the
worlds second-largest economy behind the USA,
while India has emerged as the fastest-growing
economy in South Asia. This study aims at
comparing the economic trajectory of these two
rising Asian economic giants. The research also
focuses on those factors that played a decisive role
in the economic rise of these countries.
1-Surat Khan PhD Scholar,Department of Political Science,University of Peshawar, KP, Pakistan.2-Tayyab Wazir M.Phil. Scholar,Defense and Strategic Studies,Quaid-e-Azam University Islamabad.3-Uzma Akhtar PhD Scholar,Department of Political Science, University of Peshawar, KP, Pakistan.