• Sunday, October 20, 2019

India and China - A GDP Comparison

Discussion in 'World Affairs' started by Nanga Tarzan, Oct 14, 2016.

  1. oprih

    oprih BANNED

    Messages:
    2,855
    Joined:
    Dec 21, 2015
    Ratings:
    +0 / 5,970 / -27
    Country:
    Philippines
    Location:
    Philippines
    Better than having a neighbor that actively wants to destroy your country. :cheers:
     
    • Thanks Thanks x 2
  2. Nanga Tarzan

    Nanga Tarzan FULL MEMBER

    Messages:
    157
    Joined:
    Oct 7, 2016
    Ratings:
    +0 / 98 / -4
    Country:
    India
    Location:
    Canada
  3. PlugnPlay

    PlugnPlay BANNED

    Messages:
    598
    Joined:
    Oct 16, 2016
    Ratings:
    +0 / 518 / -16
    Country:
    India
    Location:
    India
    That is because Pakistan continues to have zamindari while India abolished it right in 1947.
     
  4. tranquilium

    tranquilium SENIOR MEMBER

    Messages:
    2,110
    Joined:
    Jan 26, 2013
    Ratings:
    +14 / 3,399 / -0
    Country:
    China
    Location:
    United States
    1. GDP percentage wise, China's real estate sector (which include ALL real estate transaction) is about 1/3 the size of US and smaller than majorities of the "developed" economies.
    2. Chinese government has been implementing policy to prevent overheating in house market. For example, this year's housing price in the 14 first line cities remain the same as last year. (hey,there are advantages being a country that executes wealth business elites or high government officials if they don't follow the rules or gets too greedy)
    3. The stimulus package released by China is in infrastructure development such as road, railways, airport, etc. It doesn't have anything to do with real estate.

    I though it should be common knowledge by this point that China's economic is mainly supported by Industry instead of finance or real estate like US.

    Pretty sure we have been saying this for decades. China and India's situations are nothing alike. Be it geography, history, political system, political history, culture, demographics, etc, etc. You'd be hard pressed to find similarities.
     
    • Thanks Thanks x 2
  5. kvpak

    kvpak FULL MEMBER

    Messages:
    861
    Joined:
    Oct 2, 2012
    Ratings:
    +0 / 347 / -0
    "India would have registered higher growth rates if it had comprised only what are now its southern and western parts...The rest of the country held the South and West back...", so said P. Chidamparam, former Minister of Finance of India (2004-2008) to the American Ambassador Timothy Roemer in August 2009. Chidamparam concluded that India could achieve 11-12 per cent growth if it were the South and West only, noting that the rest of the country held it back.” (The Hindu newspaper; March 23, 2011).

    Hi9ndi states are plundering Southern India for over 60 years draining them That is why Tamil Nadu has an underground independence movement.

    Tamil Nadu independence Movement
     
    Last edited: Dec 20, 2016
  6. tranquilium

    tranquilium SENIOR MEMBER

    Messages:
    2,110
    Joined:
    Jan 26, 2013
    Ratings:
    +14 / 3,399 / -0
    Country:
    China
    Location:
    United States
    Frankly, the idea that a country is better off without large part of it is rather stupid.
     
    • Thanks Thanks x 1
  7. kvpak

    kvpak FULL MEMBER

    Messages:
    861
    Joined:
    Oct 2, 2012
    Ratings:
    +0 / 347 / -0
    Why?
     
  8. LeGenD

    LeGenD ELITE MEMBER

    Messages:
    8,923
    Joined:
    Aug 28, 2006
    Ratings:
    +21 / 8,200 / -0
    Country:
    Pakistan
    Location:
    Pakistan
    Chinese manufacturing was a bubble that would burst at some point. China has to diversify its economy for further growth. There is no other way.
     
  9. YuChen

    YuChen FULL MEMBER

    Messages:
    1,022
    Joined:
    Jun 21, 2016
    Ratings:
    +0 / 1,523 / -0
    Country:
    China
    Location:
    New Zealand
    Start another thread with your creditable Indian figures.
     
    • Thanks Thanks x 1
  10. Han Patriot

    Han Patriot SENIOR MEMBER

    Messages:
    6,830
    Joined:
    Mar 23, 2011
    Ratings:
    +2 / 9,511 / -5
    Country:
    China
    Location:
    Singapore
    Guys,

    Can we just let the Indies continue to believe they are a SUPAPOWA? Doesn't matter what pee pee pee figures they quote, they still don't understand the function of money, that is to provide goods, services and infrastructure the population needs. I have been to Chennai, Mumbai and Bangalore and let me tell you, if this is how the second largest pee pee pee economy looks like, then they might as well print the rupees to be the pee pee pee supapowa. The conditions are worst than a tier III city in China. I reckon they are at least 25 to 30 years behind China. The extreme poverty is disgusting compared to the poor in China. We are talking about sub-saharan poor peeing and shitting in the open in front of your eyes. Yes, IN FRONT OF YOU. Basically no sense of shame, no wonder these Indies are so shameless and boastful. It's the culture.
     
    • Thanks Thanks x 1
  11. faithfulguy

    faithfulguy ELITE MEMBER

    Messages:
    12,837
    Joined:
    Nov 29, 2009
    Ratings:
    +2 / 12,656 / -3
    Country:
    Taiwan, Province Of China
    Location:
    United States
    For India to grow, they need to change their way of life such as sanitation, boastfulness, caste based view of individual and stop talking about Brahmos.
     
  12. long_

    long_ SENIOR MEMBER

    Messages:
    4,253
    Joined:
    Jul 7, 2016
    Ratings:
    +0 / 13,595 / -0
    Country:
    China
    Location:
    China
    How many economic crises have erupted in the United States in history?:coffee:
     
  13. C130

    C130 ELITE MEMBER

    Messages:
    8,095
    Joined:
    Aug 1, 2014
    Ratings:
    +4 / 7,358 / -5
    Country:
    United States
    Location:
    United States

    3 or 4
     
  14. long_

    long_ SENIOR MEMBER

    Messages:
    4,253
    Joined:
    Jul 7, 2016
    Ratings:
    +0 / 13,595 / -0
    Country:
    China
    Location:
    China
    When do you think the next economic crisis will come?
     
  15. ashok mourya

    ashok mourya BANNED

    Messages:
    1,966
    Joined:
    Oct 19, 2014
    Ratings:
    +1 / 1,640 / -23
    Country:
    India
    Location:
    India
    Just The FactsPreviousNext
    Can India Surpass China’s Economy by 2050?
    9 facts on the economic rise of India after a delayed start.

    The Globalist, May 8, 2016



    [​IMG]
    Credit: Niyazz - www.shutterstock.com

    Takeaways

    • For several decades to come, China will almost certainly hold its new spot at the top of the global economic table.
    • By 2050, it is possible India’s economy will have edged out not only the US but also China for the top spot.
    • India’s economy is only a little over 40% as large as the U.S. and Chinese economies.
    • The Indian economy is expected to be 2% larger than the U.S. economy by 2050 — but 30% smaller than China’s.
    1.For several decades to come, China will almost certainly hold its new spot at the top of the global economic table.

    2.However, by 2050, it is possible India’s economy will have edged out not only the United States but also China, to take the top spot.

    3.A little more than a decade after China launched its market-based reforms, India jumped into the growth game as well.

    4.India’s economic liberalization policies of 1991 led to an increasing role for the private sector and opened the economy to foreign investment.

    5.As of 2014, India’s $7.3 trillion economy was the world’s third-largest, measured in terms of purchasing power parity.

    6.However, it is at present only a little over 40% as large as the U.S. and Chinese economies.


    7.While India’s growth has not been as strong as China’s over the past two decades, its growth rate is expected to outpace China’s in the coming decades.

    8.To realize its potential, India will need to sustain its reform policies and increase investment in infrastructure, education (especially women) and better governance.

    9.The Indian economy is expected to be about 2% larger than the U.S. economy by mid-century — but about 30% smaller than China’s.

    Sources: PricewaterhouseCoopers with additional analysis by The Globalist Research Center.

    More on this topic