Analytical Study of the Competition between India and China in Industrial Globalization

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Dr. Ajay Krishna Tiwari

Abstract

The aim of this paper is to shed light on three upheavals, all intellectual issues related to the emergence and modernization of contemporary Asia, and first of all India and China. Asia's entry into the global economic system as a whole represents a multidimensional economic upheaval. By "symmetrizing" the location of goods production and world consumption, it brings the world out of the long "two-centuries parenthesis" introduced by the Industrial Revolution in England and, in doing so, "symmetrizes" also the question of overall sustainability. The relevant scale is actually the "integrated Asian production system" that is gradually being implemented. The state and industrial modernization of contemporary Asian societies offers the possibility of a full take-up of these economies, provided that internal normalization of access to the necessary economic and social capabilities recovers. As a direct consequence in the context of sustainable development, this development requires thinking about economic and environmental issues in a symmetrical way, rather than incrementally: the emergence of China and India as developed economies has required the development of the methods will need to be reviewed.

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