Earlier, I read a wonderful book by Yasheng Huang on Chinese growth model. He is a critic of the Chinese way. He believes that the current Chinese growth model is more like South American model (old Brazilian way, for example) which ultimately failed.
In the below video, he compares China with India, and the gist of his conclusion is that while China has been fantastic in delivering GDP growth, the quality of growth in India is arguably better, and India is gathering momentum in terms of GDP growth as well.
Another popular view on China is that because it has no democracy, Chinese policy makers can make things happen quickly, unlike India, which seems to take them forever to get things built. Huang turns this on its head and urges more political reform in China: