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The marketing effects are generally obtained by imports and exports in both bilateral countries. FDI is very essential for developing countries for Off setting the capital deficiency, Acquiring advanced technology, Gaining production know-how, Promoting exports as well as to

Table – 2: shows FDI in India-China products Trade (in million US Dollars). (Source: Prema, C. A. 2009, p.379)

The two highest population countries of the world are India and China which together contain approximately 40 per cent of the world’s humidity on an adjacent landmass in Asia. Both countries are pride in birthplace of civilization entering the era of sharing world’s greatest development problem. The underdeveloped areas of these two countries is due to huge population relative to land and other resources, around 1950’s there was no commitment to national planning for economic modernization as there was new governments of China and India, led by Mao Zedong and Jawaharlal Nehru so as to eliminate poverty and raise the standard of living (Park, J. H. 2002).

Approaches to Development: Some of the important characteristics shared within India and China as the wealth of people relative to other rare resources such as arable land, natural resources, and capital suggesting the appropriate strategies for development would have involved production of labor-intensive goods. Among these some are exchanged for imports of capital goods and technology as per the necessity for development. 

For economic development and modernization India and China turned away from open-door strategies to integrate their economies into an international economy. Thus, both countries are turned away from export-oriented, outward-looking strategies and from integration into the world economy, now they are opened to outside world as force from western arms.

At the same time both countries followed autarkic trade policies with a barrage of trade and exchange controls, which effectively cut off any link between domestic and international markets based upon import-substituting industrialization strategy as a promotion of heavy industries, and also scientifically categorize in opposition to agriculture by taxing it directly or indirectly finance industrialization. 

China, India’s economic planning where carried out under a parliamentary democratic organization to attain individual freedoms and for the market system to ensure economic decision-making all over the country, with all development policies planning for area with centralized government controls of a Soviet-type system are to be carried out. As China’s first 5-year of development plan was implemented in the year 1952, nationalization and land reform had recipe into effective tools for resource with mobilization and allocation. 

As they say year 1950 was the beginning of development race between India and china with similarity in their size, historical background, in their economic structure, status, similar national goals and aspirations for raising living standards with economic modernization and development: even though both countries have vast difference in their ideologies, in the government institutio本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。