Essays on Will the Continuing Rise of China and India Be Unequivocally Beneficial for Australia Literature review

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The paper “ Will the Continuing Rise of China and India Be Unequivocally Beneficial for Australia? ” is a comprehensive variant of the literature review on macro & microeconomics. This paper discusses the benefits of the accrued emergence of China and India as superpowers to the Australian nation. The growth of China is a real example that any nation can rise and ignore the odds as it has been able to gain a lot in less than three decades. India on the other hand has had its impact on technological revolutions, and this is what Australia is getting from such a rise.

Some of the areas discussed as beneficial to Australia are: defense strategies, foreign direct investment, health sector, trade development, and infrastructure developmentIntroductionAny rise has its lows and highs, but the rise of both China and India has helped benefit some nations in the world. China is easily emerging as a world superpower and this has sent chills in other powerful nations in terms of economy and politics. China’ s rise is a peaceful one and it has not shaken others in the wrong way and in fact, its rise was not detected, and such has helped it rise in less than three decades without getting noticed by major world players.

There is so much a country like Australia has or is to benefit from the rise of both China and India and such includes trade, health improvement, and infrastructure. Australia is not the only beneficially of the revolution of China and India, but also the Asian nations, but Australia is seen from the study that it is at the centre of major revolutions.

This is more in trade as the two emerging power houses seek to expand their business territory to others. Australia is compared to Africa which has seen much of the China’ s technological revolution and production capability of the nation being practiced in the continent. India on the other hand has tried its mark in introducing new forms of production, but it is inhibited by its huge population. However, there are business centers being propped up in Australia and Asian nations as a result of India’ s efforts to take a share of the business world. China’ s Rise in the WorldChina’ s economic development is one of the most hailed across the world and it is showing its dominant view of multiple products in various countries.

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