2. CHIN IA

China + India= Chindia (Title of the book written by “Pete
Engardio”

Main causes behind economic gap are:
 Structure of govt.
 Business culture

Similarities also like high economic growth rates and own huge
labor markets.

3. 
Management styles are group of principles that any firm can
follow as a part of their management policy to garner maximum
output from its employees and grow collectively as a team.

Every management style is unique and some people may respond
positively to a management style whereas some may not perform
effectively for the same management style.

4. CHINA

Businessmen emphasize on
their "relations" with other
businessmen and govt.
officials. Their business
depends on the strength of
their "relations" with these
powerful people.
INDIA

The technology, research
and development
professionals and business
managers have more
avenues to success . In
India, "relations" are not
the only reason for success.

5. CHINA
INDIA
Hierarchy is followed.
 Team decision is followed.
 The decision is made only
by the key people at the
top of the organization.
 Decisions are reached by
the person with the most
authority.
 Decisions may take a long
time, as they require
careful review and
consideration.
 Delays are to be
expected, especially when
dealing with the
government.

6. CHINA

Shortage of middle- and
senior
managers
with
experience managing client
expectations, leading large
teams, and communicating
with customers.
INDIA

Strong project management
skills and continues to
invest in initiatives to
strengthen middle
management capabilities.

7. CHINA

Outsourcers in China are
not transparent, which
makes business operation
difficult.
INDIA

Outsourcers in India tend
to promote transparency
with customers, in as much
as true openness is ever a
part of an outsourcing deal.

8. CHINA

China only recently moved
away from trading
agreement forms to more
mature contracting
capabilities.
INDIA

India has a strong tradition
of private contracting and
enforcement, similar to
leading global providers

9. CHINA

Market is fragmented and
dominated by small to midsize suppliers.
INDIA

Robust and competitive
provider legion of Indianowned , publicly held
suppliers and large local
operations of global
providers.

10. CHINA

Depends on state-owned
enterprises and banks .

Strong intervention from
the government.
INDIA

Small and medium-sized
private enterprises are the
main life stream of Indian
economy.

Very less intervention of
govt.

11. CHINA

Keep the communist party
happy all the
administrative and legal
hassles can be taken care
of, even during legal cases.
INDIA

India, slow moving
democracy, normally takes
a higher moral ground and
allows the law to take its
own course, detrimental to
business from

12. CHINA

Derived from Soviet and
continental legal principles;
It is complex, and
inconsistently enforced.
INDIA

For Western
customers, India's legal
system is familiar-a
British-based common law
system with an
independent judiciary.

13. CHINA

China's wage inflation has
been low thus far.
INDIA

India continues to
experience strong upward
pressure on salaries

14. CHINA

China boasts 813.5 million
workers and 4.3 percent
unemployment
INDIA

India's 467 million and
10.7 percent
unemployment.

15. CHINA

Strong, but does not float
despite increasing pressure.
INDIA

A strong India rupee stills
erodes the margins of
Indian businessman.

16. CHINA

Major investments in a
modern transportation
system, power
supply, telecommunication
s, and high-speed
broadband.
INDIA

India's infrastructure is
weak and has not kept pace
with economic growth.

17. 
So, after looking upon these differences of management
approach, we can conclude that India is going to overtake
Chinese economy in near future if it improves some sector
like infrastructure, legal system and structure of govt.