The chart illustrates the level of outside investment in the economy of India and China between 2014 and 2019.
Overall, expenditure in China declined steadily throughout the period but fluctuated in India. Despite this, the total amount of money that flowed into China was higher than in India.
The Chinese economy received just under $80 billion in 2014, which fell to around $60 billion in 2015 and 2016. After a slight decrease in 2017, there was a massive resurgence to a high point of more than $100 billion in 2018 before receding to just over $40 billion in 2019.
In 2014, foreign inflows in India’s economy reached more than $20bn, then rose significantly to approximately $60bn in 2015 and 2016 before falling back to 2014 levels in 2017. In 2018, there was another dramatic increase to just below $60bn before returning to around $20bn in 2019. 2015 was the only year India’s level of foreign investment exceeded China’s, with the values of slightly over $60bn and slightly below $60 bn, respectively.