Skip to main content

Research Proposal Sample on ‘’Impact of China and India’s Expansion on the Context and Patterns of International Trade: Integration of China and India in Global Economy and how the Economies are changing the Patterns of International Trade’’

 

            Accordingly, there implies to the encouraging developments of India and China's economic trades as there involves rapid increases of international trade activities and now, India is enjoying the presence of positive balance of such trade collaboration with China. Aside, in the year 2004, India's total trade to China crossed ''US $13.6 billion, with Indian exports to China touching $ 7677.43 million and imports from china at US $ 5926.67'' million (Cited from, Economy Watch, Compare InfoBase Limited, 2007). Thus, there were such industry players in India feeling that there is no need to give the Chinese free ride into the domestic market early as one result of global business patterns. Then, in 1999, China had grown to become second largest economy after US in terms of growth domestic product (GDP). This growth rate can be attributed to high levels of trade as well as business investment planning and effort factors (Cited from, Economy Watch, Compare InfoBase Limited, 2007).  Ideally, strong exports growth from China has pushed China's economy to a more stable trade growth. Meanwhile, in lieu to India-China Economy as agreed to work together in energy security and in multilateral level at World Trade Organization in supporting and valuing such open and fair, as well as equitable and transparent global trade systems as agreed by the authorities. The below figure shows statistical example of trade pattern in terms of China and India depicting such export value respectively showing impact of global business assumptions of the countries.

 

There was concept in international trade suggesting that countries larger and proximate tend to trade more with each other. Moreover, China and India should trade extensively with each other as China is among India's most important trading partners, but the importance that India assigns to China has not been reciprocated. India does not yet figure on ten most important countries to China in terms of trade, high profile visits as benchmark for today's China-India trade is historical in the sense that the two countries shared links over the millennia (Cited from, Tarun Khanna, 2006). During 2003, for example, prime minister, Atal Bihari Vajpayee visited the White Horse Temple, in China's Henan province, one of the monuments that mark the arrival of Buddhism from India to China in third century.

 

 

            Thus, India does not figure on the imperative countries to China in terms of trade. But it also clarified that Indians had nothing to fear from the Chinese. Indian companies hardly withered away in response to the Chinese threat. Nor have the overseas ventures by Chinese have been decidedly successful. The Chinese do not reciprocate Indians' attitudes to them. That is, they don't fear Indian competition. In fact, they don't much think about India at all, compared to the time India spends agonizing over Chinese threat. To the extent that they do think about India as they focused on movies, software as well as religion – Buddhism (Cited from, Tarun Khanna, 2006).  The impact on media as there situations rising upon the rise of China and India in international trade economy, some journalists have referred to economic reforms and integration into the world economy in colorful metaphors: giants shaking off socialist slumber as well as caged in the globalized field. Thus, there warned about momentous implications of three billion fresh capitalists coming from China and India, as redefining phases of globalization process (Cited from, YALE GLOBAL ONLINE, 2005).

            China's authoritarian system of government will be economic liability regardless of implications for trade policy decisions. In the economic reform process, Chinese leadership has often made bold decisions and implemented them relatively quickly and decisively, whereas in India, reform has been halting and hesitant. Thus, in parts of India, no similar rural safety net exists for the poor and the more severe educational inequality in India makes the absorption of shocks in the industrial labor market more difficult. So the resistance to the competitive process of market reform is that much stiffer.  There can be severe pitfalls and roadblocks which they have to overcome in the near future, before they can become significant players in the international economic scene on sustained basis. (Cited from, YALE GLOBAL ONLINE, 2005). Furthermore, several innovative technologies sectors of both countries are expanding due to global trade as there is high-tech services offered and are exported on huge scale basis. Therefore, international trade processes and ways will rest upon on close collaboration with the government authority as well as business based in China and India along with core global prospective in changing the structure of such economies into a more stable context respectively.

 

 

Endnotes

 

Tarun Khanna. (2006). India Needs to Encourage Trade with China, December 6, 2006 Available: http://hbswk.hbs.edu/item/5573.html

 

YALE GLOBAL ONLINE (2005). Yale Center for the Study of Globalization Available: http://yaleglobal.yale.edu/display.article?id=6407

 

 

 

 


Comments

LIJO said…
Established in 1997, St. Gregorious Edu-Guidance is a leading education consultancy services providing exemplary service to students all over India. We deal in Admissions to all major professional courses in Premier Institutes across India. We are your one step solution for all career related needs, it may be MD, MBBS BE, BTech (ALL BRANCHES), , MDS, BDS, BPharm, BArch, MBA, MTech, MS, , PhD or any other courses. We provide personalized career solutions on an individual basis keeping in mind the aspirations of our client as well as the affordability factor.
FOR ALL CAREER RELATED NEEDS CONTACT US :
St. Gregorious Edu-Guidance,
#2, 2nd Floor,
J J Complex, Above Chemmannur Jewellers,
Marthahalli - P O,
Bangalore - 560037
Karnataka
e-mail :jojishpaily@gmail.com
Contact: +91 9448516637
+91 9886089896, +91 9449009983
080-32416570, 41719562

Popular posts from this blog

Sample Research Proposal on Internet Banking Services

REVIEW OF RELATED LITERATURE Internet banking refers to the utilization of the Internet for performing transactions and payments by accessing a bank's secure website.It also pertains to the application of financial services and markets through the use of electronic communication and computation(Humphrey et al. 2004).The developments can be subdivided into two main areas. The first is the impact of Internet banking on financial services. Most economists perceive that the existence of the Internet and other electronic communication processes has significantly changed many aspects of the banking industry. A majority of the services normally provided by banks can already be provided by other financial entities (Jayaratne et al. 2001). The second main area is the major transformation that occurred on most financial markets. Nowadays, these no longer need to be related with a physical place. In effect, trading systems for foreign exchanges are gradually becoming global. All these change…

Sample Research Proposal on Smoking Among School Children

TITLE/Name of the proposal: Factors affecting smoking among school (9th &12th) grade in Oman: Smoking among school children 9thgrade to 12th grade in the sultanate of Oman 1-INTRODUCTION The age of smoking initiation has dropped over the past four decades. Since behaviors and attitudes adopted in late childhood or early adolescence predicts future smoking, it is important to understand the smoking and other risk-taking behaviors and attitudes of children aged 12 and younger. There supports the idea of early identification and targeting of children at high risk of smoking in middle school, possibly as early as grade seven. 2-AIM OF THE STUDY a- There is a need to amicably evaluate such knowledge, attitude as well as behavior of school children in Oman those in 9th and 12th grade and inform them with regards to the consequences of smoking mostly affecting their health conditions; b- There is utmost goal for describing substantial affective factors associated with the presence of smokin…

HIV/AIDS and TB RESEARCH PROPOSAL EXAMPLE

Introduction With more than 3 billion of the world's population living in cities, and accelerating urban expansion arising from globalization, population growth and migration, today's urban settings are redefining the field of public health. The complex dynamics of cities, with their concentration of the poorest and most vulnerable, pose an urgent challenge to the health community. While retaining fidelity to the core principles of disease prevention and control, major adjustments are needed in systems and approaches to effectively reach those with the greatest health risks within today's urban environment. Controlling and preventing HIV/AIDS, tuberculosis and other diseases are among the key global health priorities, particularly in poor urban settings. The challenge for infectious disease control in slums and informal settlements is not in identifying which interventions work, but rather ensuring that slum dwellers are captured in health statistics that define disease epi…