A tale of two cultures… India or China?

With more than 40% of the world's population between them, India and China are also driving much of the world's economic growth. Choosing between them is hard, but important nevertheless

China and India are ancient cultures, both still mainly impoverished, both mainly rural, each embracing change and both at the centre of hedge fund allocators' gaze.

James Breiding, managing director at Switzerland's Naissance Capital, notes this is largely where the similarities stop. "You have one economy which is service-based, India, whereas the Chinese economy is largely manufacturing, competing on the basis of cost. One democratic, the other autocratic."

Which you choose may not matter in