On: Foxconn Plans to Lift Pay Sharply at Factories in China

India have even more good reasons:

- India's domestic consumption accounts for 57% of the GPD.

- India's housing bubble is not even close to what has been going on in China.

- 650 million Indian's are estimated to live on $2 a day (100 millions in china).

- India's population will overtake china's during the 2020's

OTHO, India has other problems like endemic corruption, less investment in infrastructure, or terrible levels of inflation for example.

From what I've seen, I'm not sure corruption is much less of a problem in China, I think it just manifests differently. Arguably an openly-corrupt society has advantages over a quietly-corrupt one.