This book originally published in 2006 by Book Surge, USA- an amazon.com Associate, is reprinted with the permission of the publishers.

Both India and China gained freedom and became independent countries in the late 1940’s- India in 1947 and China in 1949. Till 1985 the Chinese national income was smaller than that of India. In 1979, both countries hardly had any foreign currency reserves. However, in the last 30 years, China has left India far behind, with its economy growing three times larger than India, with almost similar levels of population. While the two countries today have foreign currency reserves, China has amassed huge currency reserves through foreign trade and has lent over a trillion Dollars to the US Government! How did this miracle happen is the subject matter of this fascinating book. Dr. Raj makes systematic comparison of the developments that took place in these countries in Agriculture, Industry and Services during the last 50 years. Dr. Raj makes valuable suggestions as to how other developing countries, including India, could benefit from the experience of China.

Contents
Chapter I : INTRODUCTION

Chapter II : AGRICULTURAL DEVELOPMENT

Chapter III : INDUSTRIAL DEVELOPMENT

Chapter IV : COMMERCIAL SERVICES

Chapter V : DENG XIAOPING AND CHINESE REFORMS

Chapter VI : ENVIRONMENT FOR ECONOMIC DEVELOPMENT

Chapter VII : SUGGESTED FRAMEWORK FOR EFFECTIVE MANAGEMENT OF DEVELOPING ECONOMIES