China and India are known as giants of Asia and have a combined population of 2.6 billion and both are big and fastest growing economies in world and are expected to grow fast for many years. Both are neighbor countries and having same type of features like labor abundance, vast geographical area. The Chinese economy embarked on the path of economic success after opening up policy started in 1978. In last three decades, it emerged as an eye catchy economy due to its extraordinary economic performance in many fields e.g. foreign exchange reserves, FDI, foreign trade, GDP etc. Its entry to the World Trade Organization (WTO) in 2001 proved a milestone in economic success and because of that Chi
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