Dragon leads India up the garden path

Rarely in history has a country moved from rags to riches and from relative isolation to a power either feared or respected worldwide, in such a short time, as China has done, after Deng Xiaoping assumed the reins of power. Bent on overturning a Communist system which had perpetuated poverty and throwing the slogans of Marx, Lenin and Mao into the wastepaper basket, Deng proclaimed: “Poverty is not socialism. To be rich is glorious”. What followed were policies that produced a sustained, near double-digit annual growth rate, for over two decades.

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