Hacker News new | ask | show | jobs
by poiuytrewqa 2175 days ago
I think that's a good comparison. Indeed while in China living condition of the middle class are good and comparable to what you can get in the west, and the low income class still have a fair access to basic needs (housing, water, toilet) this not exactly the same in India.

So if the open market would be the only reason of the progress we should've seen something similar in the two countries.

The only similarity that they both share is a growing disparity between high income class and low income class

Also Chinese policy is more towards open trade than open market. I feel that complicated topic such as progress can't be condensed into one action that can deliver the expected results. In fact is always a combination of policy that bring the desired effect