How India is losing its industrial prowess to China, and why it could make the country poorer
India has the world’s third-highest per capita consumption of cotton, but its manufacturing prowess is declining.
It’s thanks to China.
In the last decade, India’s economy has suffered.
That’s despite being the world leader in cotton production, accounting for half of all the world production.
It’s why China now accounts for 40% of the world market for cotton, according to a report by the United Nations World Food Programme.
As a result, India is falling behind the rest of the developed world in cotton prices.
India has already fallen behind China in the last five years, with the country’s production of cotton falling by about $200 million a year.
That means India’s cotton imports have dropped by about half since the early 2000s, according the World Bank.
That has led to a glut of cotton in India, where it’s not as cheap as in other countries.
That, along with India’s weak infrastructure and lack of foreign direct investment, have led to the country falling behind China on global commodity prices.
That in turn has led the Chinese government to raise its prices.
This has created a situation where India is facing serious economic pain.
China, meanwhile, has taken a different approach, with its government spending on infrastructure, foreign direct investments and its cotton strategy to grow.
India’s growth is slowing, and it’s looking at the prospect of a second recession in the next year.
Its main competitors China and Vietnam are also facing challenges, with both struggling to grow their economies.
The country’s biggest export is rice, which it uses to feed its growing population.
India is also facing an ageing population, with more than 80% of its population over 65.
These two factors, along a range of factors, have seen the country struggle to grow its economy.
India also has a big problem with corruption, which is the third-biggest killer in India.
Its corruption rate is among the highest in the world, according Transparency International’s World Corruption Index.
India can’t just go about its business, and is looking to address some of its ills through new reforms.
But if India’s economic problems continue, and China continues to grow at a faster pace, India will be facing a second economic crisis.
What will China do?
The Chinese government is well aware that its economy is in trouble, and has begun to look for ways to stimulate growth.
One such option is to increase its domestic consumption.
China’s government is currently planning to spend more than $200 billion on projects to spur economic growth.
That would have a huge impact on India, which relies on foreign investment to support its economy, including imports.
But it could also have a devastating impact on the Indian economy.
China will use the extra money to stimulate demand, which will lead to an economic downturn, especially as a result of rising debt levels and slower growth.
India could also suffer if the government increases its budget deficit, which can hurt the country.
India, on the other hand, will face economic problems if the new government spends too much.
India already has one of the lowest GDPs in the developing world, so this could have an even bigger impact on its growth prospects.