Maybe the "superpower Indians" 
lol
can reply to this post?
LOL, anything to make themselves feel better. Meanwhile, here are the facts.
1990 - China GDP : India GDP - 1 : 1
2000 - China GDP : India GDP - 2 : 1
2010 - China GDP : India GDP - 4 : 1
Rather than them "catching up" (as Indians love to convince themselves), the numbers actually show them falling further and further behind.
It's not hard to see why. China has been able to sustain double-digit growth for three decades, with a base economy four times larger than India's.
India meanwhile, has constantly tried and failed to achieve sustained double-digit growth. Latest data shows India growing at around 6.9%, slower than Turkey/Argentina/Sri Lanka etc. Contrary to the Indian dreams of being the "second fastest growing major economy in the world".
That's not what I said. I said that the reforms were only implemented across the country in the 1990's.
China and India had the exact same GDP in 1990. There was no "head start", that is only a story that Indians like to tell themselves. Our GDP was the same.
The difference is that we were able to sustain double-digit growth rates, and India was not.
And even if India manages to match our "percentage" growth rate one day (doubtful), then we will still be adding four times more to our economy every year then you will, because our base economy is four times larger.
Sir, I can see that you really want to get to know how things happened between India and China during last 60 years. I also got your this question as an opportunity to teach Indian and Chinese internet warriors few bottom line things which first they don’t know and second, they aren’t prepared to understand.
Im giving credible references to support my data’s/ claims but you may search the same news by yourself and ask me as many questions as you can.
(Administrator of PDF may keep my this post to give first hand knowledge about economy and wars among India, China and Pakistan, and then nationals of these three countries would participate in talks.) thanks
1st, I want to inform the Indian members by informing them that till my age of 17-18, till 1994, I only read that per capita income of Pakistan was always higher than that of India since its freedom ‘till 1994’, on the back of high agriculture output of land of Punjab and Sindh. And its also true that per capita income of China on PPP was always less than that of Pakistan in between its independence to 1992. And if per capita income of India was closed to China in between 1948 to 1976, it was well above to that of China in between 1978 to 1991.
http://www.dbresearch.de/PROD/DBR_INTERNET_DE-PROD/PROD0000000000192108.pdf
2nd, population ratio of China and India was 1.4:1.0 in 1991 which reduced to 1.1:1.0 till 2011, on the back of 1.4% annual growth rate of India and one Child policy of China. And since 1991, GDP growth rate of China was over 10% and that of India was around 7%, making Chinese GDP size around 8 time on PPP to 1991 level while due to 7% growth rate, Indian GDP on PPP size could increase by 4 times till 2011 w.r.t. to 1991 level. And due to the combined effect of GDP growth and population growth, now ratio of per capita income of China and India on PPP is around 2.2:1.0 as compare to around 1:1 in 1991. And as Pakistan suffered 2.5% population growth since 1991 with hardly 5% annual growth on average since 1991, now per capita income of India is around 1.4 times to that of Pakistan, and of China’s its around 3 times to that of Pakistan by 2011.
Hence, the 'Total' GDP ratio of China and India on PPP has now raised to around 2.4:1.0 by 2011, than around 1.35:1.0 in 1991, on the back of 10% growth rate of China and around 7% of India in between 1991 to 2011. in the same way GDP ratio of India and Pakistan on PPP reached around 9.5:1.0 by 2011. and also, on the back of high appreciation of Yuan with higher Value Added factor than India, GDP of China on nominal term is around 4 times to India right now but we would stick with PPP term as it is the true way of measuring GDP. (in fact GDP of CHina on PPP would be around 35% more than current $11tn if we add 'undocumented part' of GDP on PPP also, making it already equal to that of US's economy. similarily 'undocumented part' of GDP on PPP for India and Pakistan is estimated as around 50% to their current level on PPP.)
List of countries by GDP (PPP) per capita - Wikipedia, the free encyclopedia
(I must clear to mainly Chinese internet warriors that per capita income of Russia was around $10,000 on PPP term in 1990 while that of India and China was hardly around $900 each on PPP in 1990. Hence, I would clear that life style of both Indians and Chinese was very inferior to that of Russians till 1989. Russian economy and its per capita income on PPP suffered heavy loss in between 1989 to 1998 due to collapse of SU and it could again reach its 1989 level by 2007.)
(and again, India and China were the two largest economies in between 1st to 18th century, India was the largest economy in between 1st to 16th and in 18th century while China was the largest economy in 17th century and was on 2nd place during rest of time after India, in between 1st to 18th centuries. And as Human DNA is 1000s year old and Pakistan was part of India till 1947, they would accept this facts for whole Indian sub continent.)
http://en.wikipedia.org/wiki/List_of_regions_by_past_GDP_(PPP)
3rd, to Chinese members, as
investment of 1 dollar cause return of 66 cents (66%) due to different direct and indirect taxes, and as export of China was around $1.7tn than India's hardly $290bn in 2011,
the external demand has a big share in the current size of China's GDP.
If India registered around 7% growth rate since 1991 then it was mainly because of internal demand while 10% GDP growth rate of China since 1991 had major impact of external demands. Therefore, until China doesn’t make its economy less dependent on external demand/ export, they have less to laugh and more to be careful.
4th, as it might have been cleared to Indian and Chinese members that per capita income of India and China was close to Congo, democratic republic of, in between 1948 to 1965, it was hard for the nationals of both the countries to afford proper cloths also till then. Having even Dhoti-Kurta on body in India wasn’t easy till that period. Hence, their war in 1962 occurred mainly in between braves of todays Congo, (China), and Indian Chirkut’s and the land China could occupy in 1962 wasn’t really that worth for India, very small population live on those mountains. and about Indo-Pak wars, as Pakistan fought war with a 5 times bigger economy, India, in 1971 and also Bangladesh wanted independence from Pakistan, at the same time India was always fully supported by Russia/ SU by all means while Pakistan’s friends always kicked it on the time of need, India won in 1971. And even if 7 times bigger economy, India, may show proud to win in Kargil in 1999, they have less to laugh as they could hardly get their mountains back from militants, nothing else.
GDP per capita in 1950 statistics - countries compared - NationMaster
(and for those Chinese who proud on themselves for their wars with Russia in 60s and 70s, they would always understand that a country of the standard of Congo, the China in 60s and 70s, was never concerned much for SU/ Russia. Chinese total proud in defense were their ability to copy 2nd gen Mig21 in 70s and 80s, while Russia had got even 4th gen Mig29s in early 80s. SU/ Russia always tried to use China against US/ West, till now, as it was never worth fighting with China for them.)
Since 1992, China’s GDP increased 5.3 times, India’s rose by 3.5 times and Brazil’s more than three. It is noteworthy that this growth went hand-in-hand with the structural diversification of economies, renovation of their industrial base and infrastructure as well as an expansion of purchasing power, social services and public welfare.
But what about Russia? During the same time span, Russia suffered an industrial and technological degradation that was more devastating than its losses in World War II. As a result, Russia reached its 1990 GDP level only in 2007 while the volume of industrial production remains less than in the Soviet era.
http://www.businessinsider.com/russ...-to-compete-with-the-rest-of-the-brics-2012-1
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one more comparison between India and China in 1991, including Pakistan and Russia, from one more credible source:-
http://www.tradingeconomics.com/china/gdp-per-capita-ppp
GDP per capita on PPP of China in January 1991 =
$793.52
GDP per capita on PPP of India in January 1991 = $871.73
GDP per capita on PPP of Pakistan in January 1991 = $1211.4
GDP per capita of Russia in January 1991 =
$9,116.6
http://www.tradingeconomics.com/russia/gdp-per-capita-ppp
here, we also have comparative
Per Capita Income on PPP of India, China, Russia with rest of the world
in January 1991
$16,319.6 of UK/Britain (king of Western Europe)
$5,460.8 of Poland (developed Eastern Europe)
Malaysia of $4,797.2 (emerging Asia)
$490.95 of Bangladesh (South Asia)
$5,647.8 of South Africa (developed Africa)
$5,407.8 of Argentina (developed South America)
$6,179.2 of Maxico (the OECD member from North America)
$4,272.0 of Turkey (Role Model of Arab countries)
http://www.tradingeconomics.com/turkey/gdp-per-capita-ppp
