Winn....Here is how China is way ahead of India.
1. China's per capita gdp is at least three times that of India's;
2. China's infrastructure is way ahead of India's and China is still constructing at a furious pace;
3. China is way ahed in terms of agricultural production;
4. Corruption is everywhere in India; there is corruption in China but it is not ramapant throughout the whole society;
5. China has a proper family planning policy;
6. More than 99% of Chinese children attend school for 10+ years. In India literacy is still very low;
7. China has abolished superstition and religion is only a small problem in China;
8. Anyone in China can get an education and there is more and more social mobility;
8. China has more social harmony and less terrorism than India

I believe China is far more ready than India to succeed in the modern world. It seems to me that India has to overcome its rigid, superstitious and backward social conditions before the economy can speed up and begin to catch up with China.