Furthermore, planned reforms and the opening up of the economy often get sidetracked by powerful political and business interests.

BBC: Does India have the will to reform its economy?

The government has passed key reforms, opening up the retail and aviation sectors to foreign investors.

BBC: India cuts economic growth forecast to 5%

If the government is successful in furthering economic reforms from opening up its financial markets to pension fund and other reforms to the social safety net it may be possible for China to avoid a debt crisis or growth stagnation as a result of its relatively heavy debt burden.

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