China Economy Forum

[Truth Finder]

Anything above 7% growth is good, considering our base economy is now worth over $8.3 trillion.

We're adding far more to our economy now, with 7% growth of an $8.3 trillion, compared to when we had 12% growth of a $2 trillion base economy.

Brother, 7% is not a constant number.If sharp slowdown starts, such levels will break down within a twinkle of an eye. 12 months ago, China's 7% growth was unthinkable. Hope, the worst is behind you.

Good news for China if you considered World bank cut global growth forecast to 2.2pc
World Bank cuts global economic growth forecast to 2.2 pc - Yahoo! India Finance

And looks like some so-called upcoming super power not doing too well either? sometimes i wonder how does it feel like to live under other's shadow as usual though eh?
The bank cut China’s growth forecast to 7.7 percent from 8.4 percent, Brazil’s economic growth to 2.9 percent from 3.4 percent and India’s growth outlook to 5.7 percent from 6.1 percent, estimated in January.
World Bank Cuts 2013 Global Economic Growth Outlook, Lowers Forecast For China, India, Brazil, Raises Projections For US, Japan

India's growth in FY12-13 was 5%. In FY13-14, it is going to be around 6%. It's picking up gradually, not declining on Year on Year basis.

 

[Luftwaffe]

@Chinese-Dragon; It is funny when people give importance and remind us of WB and IMF like pathetic insignificant organizations. We've seen to be doomed forecasts turned out all failed guesses by WB/IMF.

 

[Vinod2070]

It is the world bank (and it's ilk) whose growth prospects are much lower now.

 

[faithfulguy]

Brother, 7% is not a constant number.If sharp slowdown starts, such levels will break down within a twinkle of an eye. 12 months ago, China's 7% growth was unthinkable. Hope, the worst is behind you.


India's growth in FY12-13 was 5%. In FY13-14, it is going to be around 6%. It's picking up gradually, not declining on Year on Year basis.

We are talking about now. Was India's FY12-13 was only projected at 5% during 2011? From this article, India's original 2013 growth was projected at 7.1%, than it was revised down to 6.5% in middle of 2012. Now its down to 5%. As usual, India overestimate itself. Its possible that India's growth will fall below 4.5% and be surpassed by Pakistan, whom you Indians like to make fun of.

Nomura lowers growth projection for 2012 to 5.5 per cent - Economic Times

 

[cnleio]

I believe 2013 China GDP growth only 6%, it's obvious that domestic shop business not good local ppl less shopping here.

1. high house price still rising, rent rising

2. labor cost increasing

ppl and employer didn't have many extra money to purchase and employ new employees, i say the China domestic economy close to a bad situation: ' the stagflation'

 

[Bobby]

That give justification to India's lower growth rate....everybody is going down

 

[Truth Finder]

We are talking about now. Was India's FY12-13 was only projected at 5% during 2011? From this article, India's original 2013 growth was projected at 7.1%, than it was revised down to 6.5% in middle of 2012. Now its down to 5%. As usual, India overestimate itself. Its possible that India's growth will fall below 4.5% and be surpassed by Pakistan, whom you Indians like to make fun of.

Nomura lowers growth projection for 2012 to 5.5 per cent - Economic Times

Let's see India's Growth rate decreases or increases hereafter.
You will be getting the answers from three months onward. India is having an "U" shape recovery, not a "V" shape.

 

[Vinod2070]

We are talking about now. Was India's FY12-13 was only projected at 5% during 2011? From this article, India's original 2013 growth was projected at 7.1%, than it was revised down to 6.5% in middle of 2012. Now its down to 5%. As usual, India overestimate itself. Its possible that India's growth will fall below 4.5% and be surpassed by Pakistan, whom you Indians like to make fun of.

Nomura lowers growth projection for 2012 to 5.5 per cent - Economic Times

Oh no. Not another one by the "self claimed India expert"!

I mean look at the sheer idiocy of these people.

 

[Srinivas]

The more worrying prospect for China is FDI inflows are becoming lesser ,where as emerging markets like India and ASEAN are getting improved FDI inflows.

 

[Chinese-Dragon]

The more worrying prospect for China is FDI inflows are becoming lesser ,where as emerging markets like India and ASEAN are getting more FDI inflows.

The VAST majority of Investment in China is domestic investment, it makes up a significant chunk of our GDP (goes into the trillions).

FDI is miniscule in comparison, only a few hundred million or so. Not a billion or even a trillion.

 

[Srinivas]

The VAST majority of Investment in China is domestic investment, it makes up a significant chunk of our GDP (goes into the trillions).

FDI is miniscule in comparison, only a few hundred million or so. Not a billion, or even a trillion.

But the foreign firms which used to create employment in China are also started to shift their firms.

 

[northeast]

The more worrying prospect for China is FDI inflows are becoming lesser ,where as emerging markets like India and ASEAN are getting improved FDI inflows.

That's what high debt countries like india should worry about.look how rupee collapse like hell again and again.We have more than 3 trillion dollars to prevent such stupid things.

 

[Srinivas]

That's what high debt countries like india should worry about.look how rupee collapse like hell again and again.We have more than 3 trillion dollars to prevent such stupid things.

Rupee devaluation is not a worrying prospect in my view, look how your CCP devalues its currency against dollar intentionally.

 

[Truth Finder]

That's what high debt countries like india should worry about.look how rupee collapse like hell again and again.We have more than 3 trillion dollars to prevent such stupid things.

Rupee has stopped depreciating. It's appreciating gradually.

 

[cirr]

What's certain is that China will grow at least 30% faster in 2013 than India does，as it has consitently for the last 30 years。

And next year？

China will still grow 30% plus faster than India。

Really don't know how the self-proclaimed global growth engine，aka India， is gonna fulfill its role。