Asia is home to two of the biggest countries in the world in regards to population. Those countries are no other than India and China. These two countries both have a population of 1.3 billion, and are often regarded as very similar countries. However, India has a population of 1.324 billion, while China has a population of 1.379 billion. They may be on the same continent, but they're both poles apart. China and India are two countries that appear to be similar, but in reality have differences in their economies, cultural environments, and governments.
Worldwide, everyone lives under a government that they obey. There are various forms of government such as democracies, parliamentary, communist, and unions. India and China are governed way different from each other. India has a union style government that is divided into three main sections. They have three branches which are the executive, legislative/, and judiciary. The executive branch consists of the President, Vice President, and Cabinet …show more content…
In China, the inflation rate is 2%, and India is 5.2%. A major difference is the labor force in these two countries. China has a labor force of 907.5 million, while India is 513.7 million. The unemployment rate is 4% in China, while India has an unemployment rate of 5%. The budget for these countries are significantly different. China’s revenue is $2.3 trillion, and for expenditures it is $2.708 trillion. India’s revenue is $273.3 billion, and for expenditures is $273.3 billion (“China vs. India.” ). China is a world leader in gross value of Industrial output, machine building, transportation equipment, and chemicals. India’s industries are consisted of textiles, chemicals, software, and pharmaceuticals. The industrial production growth is 6% for China, and 7.4% for India. China is in debt externally for $1.421 trillion, and India is $507 billion debt