Population: China v India

In 2011 India became the second country to have 1 billion inhabitants, second only to China. Did you know that 1 in 6 people on this planet are Indian and 1 in 5 people on this planet are Chinese. China has a population of over 1.34 billion and India has a population of over 1.24 billion people, however China’s population is gradually increasing and is predicted to decrease by 2034, whereas India adds the most people to this planet every year. The famous Chinese one child policy is said to have reduced its population by 300 million. The policy was enforced in 1979, after there had been a growth between 1950 and 1980 of approximately 440 million people. By 2034 India will most likely become the most populated country. The current fertility rate in China is 1.7, whereas in India it is 2.8. India with its growing population and growing GDP has 600 million young adults and if it harnesses these people it has the potential to become a huge economic superpower. However the problem lies, that as the population in India increases so does the gap between the rich and poor. (I also blame corruption in India for this.) With such a fast growing population India faces the threat of inflation and hyper inflation because if there is more demand than supply there will be inflation. To stop inflation India’s population needs to be stabalized. The problem in India is discipline, especially with such a corrupt system. The problem with the Chinese population trend is that even though they’ve currently managed to stabilize their population, there will come a point where thier population will dramatically drop and there won’t be enough young adults and people working to support the retired. Kind of like what is going to happen in England, but on a much larger scale. The pension age in England is going up because otherwise there won’t be enough adults working to support the economy. Who do you think is in the better position? India or China?

This entry was posted in Population and tagged . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s