INDIA-CHINA AND BRICS GUIDED BY:- Dr. SWAROOP REDDY Mr. V R SUDINDRA PRESENTED BY:- BHUPESH M NIRANJAN KUMAR PRAJUKTA GANGULY
INDIA-CHINA AND BRICS
GUIDED BY:-Dr. SWAROOP REDDYMr. V R SUDINDRA
PRESENTED BY:-BHUPESHM NIRANJAN KUMARPRAJUKTA GANGULY
INDIA – CHINA HISTORY China–India relations, also called Sino-Indian relations or Indo-
China relations, refers to the bilateral relationship between the People's Republic of China (PRC) and the Republic of India. Historically, India and China have had relations for more than 2,000 years, but the modern relationship began in 1950 when India was among the first countries to end formal ties with the Republic of China(Taiwan) and recognize the PRC as the legitimate government of Mainland China.
The Silk Route not only served as a major trade route between India and China, but is also credited for facilitating the spread of Buddhism from India to East Asia.
ECONOMIC POWER-INDIA 7th largest by nominal GDP 3rd largest by PPP One of the G-20 economies India also topped World bank’s growth outlook for the year
2015-16 for the first time with economy grown 7.3% in 2014-15 & expected to grow at 7.5-8.3% in 2015-16
India ranks second worldwide in farm output. The industry sector has held a constant share of its economic contribution(26% of GDP in 2013-14). The Indian auto industry is one of the largest in the world with an annual production of 21.48 million vehicles in FY 2013-14. India has $600 billion worth of retail market in 2015 and one of world's fastest growing E-Commerce markets
SOME MORE FACTS…
LITERACY
LIFE EXPECTANCY
CURRENCY/USD
0
20
40
60
80
10074.04
66.21 65.13
95.1
75.2
6.39INDIACHINA
CHINA
INTRODUTION The official name of the modern country is the People’s Republic of China.
China is one of the oldest continuing civilization in the world.
It is the world’s most populous country, with a population of over 1.35 billion .
The PRC is a single-party state governed by the Chinese Communist Party, with its seat
of government in the capital city of “Beijing”.
since the introduction of economic reforms in 1978, china has become one of the world’s
fastest-growing major economics.
It is the second largest country by land area.
It is also a member of numerous formal and informal multilateral organizations, including
the WTO, BRICS and the G-20.
COUNTRY COMPARISON
INDIA CHINA
Population 1,210,193,422 1,339,724,852 (2010 Census)
Area 3,287,240 km² 9,640,821 km²
Population density 382/km² 139.6/km²
Capital Delhi Beijing
Largest city Mumbai Shanghai
Government Federal republic, parliamentary democracy
Socialist, single-party state
Current leader Narendra Modi Xi Jinping
INDIA CHINAGDP (nominal)(2014) US$2.04 trillion US$10.35 trillion
GDP (nominal) per capita (2014) US$1,625 US$7,764
GDP (PPP)(2014) US$7.27 trillion US$17.43 trillion
GDP (PPP) per capita(2014) US$5,777 US$12,307
Human Development Index 0.586 (medium) 0.719 (high)
Foreign exchange reserves 319,390 (millions of USD) 4,009,553 (millions of
USD)
currency INDIAN RUPEE YUAN
IMPORT – EXPORT RECENT TRENDS
PARTICULARS INDIA CHINA
IMPORT $ 616.7 BILLION $ 1.95 TRILLION
EXPORT $ 442.4 BILLION $ 2.21 TRILLION
PRODUCTS IMPORTED
CRUDE OIL, GOLD AND PRECIOUS
STONE, CHEMICALS, IRON AND STEEL.
CRUDE PETROLEUM, INTEGRATED
CIRCUITS, IRON ORE, GOLD, CARS.
PRODUCTS EXPORTED
SOFTWARE, PETRO CHEMICALS,
TEXTILES, CHEMICALS, AGRI
PRODUCTS.
COMPUTERS, BROADCASTING
EQUIPMENTS, TELEPHONES, VIDEO
DISPLAY.
Exports and Imports Between China and India
WORLD GEOGRAPHY: INDIA AND CHINA AND BRICS FUND
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CONTENTS
What is BRICS? Geographical location BRICS Chart Indicator’s BRICS Summits Growth of BIRCS in trade and other areas Key take away from the program
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BRICS: MEAN
BRICSBrazil-Russia-India-China-
South Africa
BRICS is an acronym that refers to the economies of Brazil, Russia, India, China and South Africa; which are seen as major developing economies in the world.
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BRICS
GOLDMAN SACHS VIEW
This term was first prominently used by Goldman Sachs, reported from 2003, which speculated that by 2050, these five economies would be wealthier than most of the current major economic powers.
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BRICS: Chart of Indicators
26 % of Earth's land area 42 % of world's population 46% of world’s work force 19 % of world´s nominal GDP (26 % of GDP PPP)
WORLD GEOGRAPHY : INDIA & CHINA& BRICS FUND
According to the BRICS thesis India and China will become the world dominant suppliers of manufacturing goods and services and raw materials.
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Summit By BRICS
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BRICS: Comparative Graphic
According to the International Monetary Fund in 2011 the EU joint nominal GDP in billion USD was 17,577.691 Source http://www.imf.org/external/pubs/ft/weo/2012/01/weodata/weorept.aspx?sy=2011&ey=2011&scsm=1&ssd=1&sort=country&ds=.&br=1&pr1.x=94&pr1.y=8&c=001%2C998&s=NGDPD&grp=1&a=1
BRICS: Comparative graphics
Significant drop of all countries but the BRICs manage to stay in positive numbers
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BRICS: Areas of cooperation
India and China are the new Stars
They both have no shortage of education and human capital that can undercut global labor prices
They both have powerful economic force
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Key takeaways from the program Make more informed decision to take
advantage of the market Understand how to adopt global business
model to compete successfully in BRICS countries
Analyze and take advantages of the difference in the management of the BRICS countries
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Thank you