[Zhang Fei]

Stuff like this is why despite never having had a full command and control centrally-planned economy in its history, India is a relative backwater compared to China. What’s astonishing is that Vietnam, whose economy was destroyed via a combination of war and communist rule, will overtake India with respect to GDP per capita in a couple of years, despite having undertaken economic reforms almost a full decade later than China.

[hinckley buzzard]

I disagree that India is a "backwater compared to China." They have a more robust concept of property rights and contract law thanks to the British Raj-- critical pieces of legal infrastructure that China lacks.

China can build ghost skyscrapers and empty shopping malls with slave labor, but in the end India will leave them in the dust.

[Mamzelle]

India is as corrupt, if not more so, than Mexico.

[FreedomPoster]

Absolutely spot on.

Indian bureaucracy kills marketplace innovation. What we see in this story is just a high-profile example.