Economic Booms of China and India Essay

It has been well known that mainland chinaware and India are having an scotch prosper whilst the west is in a recession. The question is whether mainland China and India are spill to slip into a recession as their point of harvest-feast is purpose to be unhealthy, this would put the horse opera countries back into recession which is a very worrying prospect for a slowly recovering western sandwich universe. Chinas gross domestic product ( increase domestic product) is now over $4,211 meg a growth from $53 billion in 1978. China is between a LEDC and a MEDC and is developing at a extremely betting rate which is thought to be unhealthy. Chinas main port (which there are 200 of) are growing at a huge rate which cannot be sustainable the Port of Shenzhen is growing at over 25% annually to provide the world which China made products. The port is home to 39 shipping companies who have launched 131 supranational container routes. There are 560 ships on call at Shenzhen port on a monthly basis and also 21 feeder routes to separate ports in the Pearl River Delta region.China just had a deceleration in growth which worried the safe and sound world. The slowdown can be unholy on a variety of factors. Chinas government was aiming for a slight deceleration, as it tried to tame its real estate roaring and rapid inflation. While the rate still is allot faster than the growth in the United Kingdom, it marks an uncomfortable soft patch for China. all over the last three decades, the country has barrelled ahead at an comely of about 10% a year. This shows that the unhealthy growth of China of an second-rate of 10% will eventually slow down and bring the full-page world into a very bad recession. The economy of India is the eleventh braggyst in the world by nominal GDP and the third largest by buying power parity (PPP). The country is one of the G-20 major economies and a phallus of BRICS. On a per capita income basis, India ranked 140th by nominal GDP and 129th by GDP (PPP) in 2011, according to the IMF.However Indias economic growth is also much mellower than it is in the western world but I desire their growth is much healthier than the growth in China. Indias sedulousness only accounts for 28% of its GDP whereas in China that number is much higher. China and India share many similarities as they are both growing at a huge rate but Chinas growth is mainly in industry which is much little sustainable. China is also relying onthe fact communism remains strong and doesnt crash because if it does wages will maturate and put western countries in recession.India designs much more unique high quality products which is much more sustainable than Chinas large scale low quality batch production which is much less sustainable and that is the reason I believe that China is the biggest threat to the western world. I believe that China is the biggest threat to the western countries and would put the whole world into recession. thereof I believe the countries should stop relying on China so heavily because China controls the whole world. If China did not believe in something a county did it could stop the exports to that country which would hugely affect that country. Therefore I believe that it is a threat to the west. I do not believe that India is YET such a threat as China but in less than 10 years I belive it whitethorn be just as much of a problem as china.