Asia

Asia

Introduction

China and India are the two giants of Asia who are the main emerging markets that are developing rapidly in the international market. These two countries have been leading in the economic growth of Gross Domestic Product (GDP) in the world market. Their geographical, cultural and business activities are discussed in this research paper.

Discussion

Geographic Factors

Climate is the biggest problem and beneficial for every region or country according to their need of agricultural needs. Very countries survive in harsh climate conditions. Most of the climate condition benefits directly impacts over the land fertility, where water scarcity and high impact of disease to spread can affect due to unfavorable weather conditions and natural disasters (Make Wealth History, 2007).

China has many benefits from climatic conditions due to irrigation and seasonal crop harvesting. It has also a benefit of international trading of goods which benefits them to add up more GDP to their country. While India has also a benefit with their textile industry where they need a favorable weather for growing cotton and extract the best crops for their country, and rest they export.

The location matters a lot because of which accessing the market becomes easier and shortens the time to deliver the goods to the consumer. China and china are benefited with the sea route transportation because of which many other countries that are on the shore can avail the benefit of sea transport for goods and services. Although the standard of living is low in both the regions but their economic development benefits them with higher per capita income while staying in a low standard of living (Make Wealth History, 2007).

China has 3 ports, which are 24/7 busy and a biggest resource of income to the country. India has been specialized and having an absolute advantage in the production of alfalfa, barley, rye and wheat. This increases their chance of exporting goods to various other countries and gain economic growth (Make Wealth History, 2007). Both the countries also have an increasing factor of migration due to tourism because of their ideal location located near the boundaries of sea beds.

Their natural resource is the best advantage for their countries economic growth and for domestic needs. Many renewable resources like forests, Fish and stocks are the best source of utilizing in making commodities. Such as Saudia Arabia has the most advantageous factor that is oil, because it has an absolute advantage in it and it is the only country to extract oil on a large scale. Pakistan has an advantage in making clothes (textiles industry), Sri Lanka in tea, Japan in technology etc. this absolute advantage creates a monopoly and a source of income for the country as its benefits are needed by other countries.

The environmental stability plays a vital role too, because if countries are located near any natural disastrous are where it usually faces hurricanes, earthquakes, floods etc. then there could be very less chance of developing and gaining economic growth for the country. The stability of the atmosphere and environment really ...