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Future of India-China Relations: A Key Role to the Global Economy

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Book cover Proceedings of the Thirteenth International Conference on Management Science and Engineering Management (ICMSEM 2019)

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 1002))

Abstract

This  study is aimed at exploring the influence of India-China relationship on the global economy and its extent of control on global economy dynamics. Due to the mass population, the two countries have the potential to increase and influence the global economy. In this study, an extensive literature review, export and import and competitiveness index secondary data were used to explore the current position of India and China in the global economy. A SWOT analysis was used to analyze the future relation. The findings show that the growth of business between India and China is positive but there is still an imbalance of trade between the two countries. It also indicates that Indias economy is getting despondency and more competitive, that directly effect on global economy. According to the Global Competitiveness Index (GCI) score report, China has a better rank compared to India, so the strong relationship can help India improve its GCI Index. Finally, the economy relations can be improved by introducing better public services and good policymaking.

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Author information

Authors and Affiliations

  1. Business School, Sichuan University, Chengdu, 610064, People’s Republic of China

    Nitin Kumar & Sita Shah

Authors
  1. Nitin Kumar
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  2. Sita Shah
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Corresponding author

Correspondence to Nitin Kumar .

Editor information

Editors and Affiliations

  1. Business School, Sichuan University, Chengdu, China

    Jiuping Xu

  2. Department of Mathematics and Statistics, Brock University on McMaster, Hamilton, ON, Canada

    Syed Ejaz Ahmed

  3. Department of Management, Monash University, Melbourne, VIC, Australia

    Fang Lee Cooke

  4. Academy of Sciences of Moldova, Chisinau, Moldova

    Gheorghe Duca

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Kumar, N., Shah, S. (2020). Future of India-China Relations: A Key Role to the Global Economy. In: Xu, J., Ahmed, S., Cooke, F., Duca, G. (eds) Proceedings of the Thirteenth International Conference on Management Science and Engineering Management. ICMSEM 2019. Advances in Intelligent Systems and Computing, vol 1002. Springer, Cham. https://doi.org/10.1007/978-3-030-21255-1_39

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