The convergence ties in with globalization in China and India leads to a bigger and strong economic growth in both of the developing country. For example, China doubles their economic growth every 10 years. Globalization is the system of interaction among the countries of the world in order to develop the global economy. Globalization refers to the integration of economics and societies all over the world. Globalization involves technological, economic, political, and cultural exchanges made possible largely by advances in communication, transportation, and infrastructure. Globalisation enables greater trade and competition between different economies, leading to lower prices, greater efficiency and higher economic growth.However developing Countries often struggle to compete with developed Countries. One problem of globalization is that it has increased the use of non-renewable resources. Globalization affects my dress, food, materials, and demand for a good. If there's no globalization in Taiwan, then we only use the food the goods that are produced my Taiwan. Mostly, every product are made out of other countries, and it changes my way of living.
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