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5 hours ago · China’s economy, in other words, has grown almost five times faster than India’s. The core reason for China’s economic success: manufacturing. China now produces around 35 percent of the world’s manufactured goods. Manufacturing has also been central to the economic success of virtually every other nation that has gone from rags to riches.
5 hours ago · The average Chinese resident now makes over $13,000 per year. The average Indian resident makes only about $2,700. China’s economy, in other words, has grown almost five times faster than India’s. The core reason for China’s economic success: manufacturing. China now produces around 35 percent of the world’s manufactured goods.
