Impact and Response towards Covid -19: A comparative study between India and China

Abstract

The novel corona virus has engulfed the entire world since its first outbreak in China during the later part of 2019. Being a respiratory disorder disease, its exponential growth across the globe has brought the lives of individuals as well as the financial and social outlook of economies to a grinding halt. Through the present paper, we endeavour to unravel the impact of corona virus on the two largest economies of Asia: China- the epicentre of Corona virus and India- one of the most adversely affected country due to corona. While comparing the extent of impact of Covid-19 on China and India, we also envisage the recovery and rehabilitation policies devised and implemented by these Asian tigers, to tackle corona virus. Through our analysis, we conclude that the first wave of corona virus was lethal for both China and India due to sudden outbreak of disease in these countries and their respective unpreparedness. However, the response mechanism and lessons leant from the first wave were more comprehensively and effectively implemented by China than India during the second wave, which proved ruthless and killing for Indians. Our paper also compare the scope of financial and economic stimulus packages released by these economies to mitigate the disastrous effect of corona. Through our paper, we recommend deeper harnessing of technological advancements coupled with covid related appropriate behaviour and rigorous vaccination drive to contain the third wave in both the countries, especially in India. We also suggest that living with such epidemic should be the new normal.