Chart on Ease of Doing Business in India and China
The barriers to doing business in India and China are still high in both countries. The Doing Business database ranks China a modest 91st on the overall ease of doing business, with India at 116th. A closer study of the rankings reveal that, in China it’s quicker to start a business, get goods from factory floor on board a container ship, and register property. But India has more flexible labour laws and fewer hassles with licences.
Source: http://psdblog.worldbank.org/psdblog/2005/12/china_vs_india.html
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Hey nice post. It was truly very interesting reading so thanks for sharing this with us.