China: After The Credit Crisis Comes The Economic Crisis

[cirr]

The Chinese economy is back on track，with annual growth expected to come in at some 7.8%。

What about India？It will be lucky to achieve 4.8% growth for FY 2013-2014（stup1d accounting period following the practice of its former colonial master），again under-performing China by a whopping 38%。

China's will be an economy the size of which，when taking into account HK and Mecau but leaving out Taiwan，will be just a stone throw‘s away from 10 trillion USD by the end of 2013，whilst India is still gonna be stuck at 1.8-2.0 trillion USD。

Barely 1/5 China's。

 

[dbc]

It is published by Forbes, so it must be the gospel truth.

Why yes sir, I am waiting for someone to 'show me the light'. That CD fellow isn't able to string a sentence without the word 'India' in it. Tell me why Forbes is wrong, I'm waiting for the first on-topic post on this thread.

 

[Chinese-Dragon]

Why yes sir, I am waiting for someone to 'show me the light'. That CD fellow isn't able to string a sentence without the word 'India' in it. Tell me why Forbes is wrong, I'm waiting for the first on-topic post on this thread.

You really aren't capable of basic comprehension are you, Indian?

Read this line from the article: "I predict that the decline in export growth will now accelerate downward."

He is the one who made the claim (not Forbes, but the writer of this opinion piece), so the burden of proof is on him.

As for future predictions, if you want to know who is right or wrong, you have to wait and see. Obviously I can't disprove his "personal prediction", because I can't see into the future.

But wait... on the previous page we have the most recent export data for China. And guess what? Exports are growing.

China’s exports and imports grew strongly in July, boosting confidence that the economy may be stabilising after a shaky first half of the year.

China trade shows signs of recovery - Financial Times

So his prediction that "the decline in export growth will now accelerate downward"... was contradicted by data released only days after he wrote that article in Forbes. So what happened to his prediction that the decline in export growth would accelerate downwards?