why Indian system is less impacted by global crisis

This is in continuation to my earlier post on why India is not fully exposed
1. Most of the Indian retail business is family business types and controlled well for liquidity.Where as in China there are organised retail traders.
2. Most of the Indian business are private Enterprises and have lot of owner's investment as part of that. Which create a sense of responsibility. Where as in China, most of the enterprises are public and state owned.
3. In India, Services, Manufacturing and Agriculture are equally distributed(services may be more) where as in China, more focus on manufacturing and most of which is export oriented. So, there is dependency.
4. India and China consumer finance (consumer mortgage for housing, consumer credit for cards and consumer finance) are of around 30 percent of GDPs where as in USA and UK they are near 100%.
5. Indians are conservative in spending. we use reusable items more than disposables so that expenditure is less.