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Beyond Borders: Unravelling the Business Landscape of India and China from 2019 to 2023

M, Dhasarathan and Singh, Ajmer and Sen, Biswajit (2024): Beyond Borders: Unravelling the Business Landscape of India and China from 2019 to 2023. Published in: Journal of Investment, Banking and Finance , Vol. 2, No. 1 (31 December 2024): pp. 1-12.

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Abstract

This study aims to compare the performance of India and China across various parameters of doing business such as starting a business, dealing with construction permits, obtaining electricity, registering property, accessing credit, protecting minority investors, tax payment processes, trade across borders, contract enforcement and resolving insolvency etc. for 2019-20. Business landscape was analyzed during two distinct periods: 2019-2020 (using Doing business report by World bank) and 2021-2023 (using business environment rankings by Economist Intelligence Unit). It was observed that recently India is performing well in creating business friendly environment than China. India's efforts have borne fruit, resulting in an improved ranking in the ease of doing business. This study relies on secondary data sources and aims to provide a conceptual understanding and current position of business environment in both India and China.

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