China and India: Two new world economic powers
- Nestlé, pillar of infant nutrition
- Birth of the Nestle Infant Nutrition range
- Enlargement towards an older audience and to other cultures
China and India are two very different countries, India has a Democratic government with a good academic system, India also has had a hard time to trigger off industrialization to create employment. One of India's main problems is poverty.
China became a major exporter of manufactured goods but has an authoritarian regime and prefers mass education. They represent about 40% of world population, which means that nearly one in every two consumers in from China. The demographic shift is not simply economic but also a process of catching up with their(China and India's) northern counterparts in about 20 years with a degree of openness.
Tags - economic development, China, India