Slowing economies and higher inflation in India and China hit the poorest
Kiran Chaube
May 28, 2012

Since economic growth rate of India and China started cooling from the double digit highs of 2010 to modest levels in late 2011, millions of Asian day labourers, have experienced sharp drop in wages and other remuneration.

Add to that double digit inflation in consumer goods and food, Indian and Chinese poorest citizens are facing unbearable times.

The biggest problem facing the Indian and Chinese societies are the malnutrition of children deep in the country side. China is little better in this respect but still Chinese dissidents count this as one of the biggest problems.

Distribution of wealth among its own citizens is far better in China than in India. But China has another problem. People connected to Chinese communist party enjoys easily luxurious life many of whom can send their children to America for higher studies. Indian poorest are in helpless situation. The situation is so horrible that the Maoist movement within India is getting fresh support from the poor people in deep countryside where Indian Federal and local Governance cannot reach.

Slowing economies and higher inflation in India and China hit the poorest
Kiran Chaube
Since economic growth rate of India and China started cooling from the double digit highs of 2010 to modest levels in late 2011, millions of Asian day labourers, have experienced sharp drop in wages and other remuneration.
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