Sunday, December 31, 2017

China on the rise - 
Road to riches since 1962! 
It has economically progressed to becoming a world super power! as rightly and effectively portrayed by Prasenjit K.Basu (based in Singapore) in his book "Asia Reborn"

Well China is indeed worth watching. I remember, it used to be a iron curtain till sixties and seventies till Mao Tse Dong was the chief of Communist Party of China. His successors including the present leader Xi Jinping have opened up the economy in such a way that the economic growth has maintained its speed and vigour continuously for about 3-4 decades. It is only next to USA in economic prowess and progress right now.

India, a colony of the British, suffering from the bad legacy in terms of administrative structure and political setup is still a developing economy. It is afflicted with all the drawbacks of ill-equipped systems with lack of real patriotism from top to bottom. It is so much politicised at every level that no scheme or programme escapes the eyes of selfish politicians with the result the outcome is a big zero. 

Mr Xi, 64, has emerged as the most powerful Chinese leader in the recent times who was conferred a second five year term by the ruling Communist Party of China. Millions of officials across China have been asked to study President Xi Jinping's book on governance which contains his speeches, ideological thoughts and instructions.

China, the equivalent of India in size and population, history and culture, is far ahead because of its disciplined political setup. The central leadership is able to execute things the way they plan both in the short term and long run with less wastage of time and money which is next to impossible in India in the given political scenario at the moment. Even the countries like South Korea, Taiwan, Japan have done a wonderful job in economic development.
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