Shankar Acharya

economy - India no match for China - economist

Comparing China and India has, especially among the media, been en vogue over the past few years. But according to the former Chief economic advisor to the government of India, Shankar Acharya, comparing India with China simply does not make sense. (The China Stock Blog has more details.)
China scores on all major economic indicators much higher than India, although it is relatively lagging behind in terms of GDP, that is only 1.7 times that of India.
It confirms the suggestion, heard often before, that China's economy is actually much larger than indicated by the official GDP-figures.