Chinese Premier Wen Jiabao's Visit to India

[gpit]

Right. High quality Indian products? Don't make me laugh my intestines out please.

LOL!

Should your intestines out, do you want to use high quality Indian medicines to put them back?

Just a joke.

 

[gpit]

I accept that we are slow, but why should US hate China.???

US hates China?

That must be in your wet dream. And I concede that you have the reason to dream so, because you dream the same as our crusaders, and also usually debtors hate the creditors after money is borrowed.

But, do you think if they are in the same boat, they want to sink together, especially the mightier debtor appears fatter (wealthier) than the creditor? Of course, it is provided that they are both sane.

 

[TenjikuKensei]

Yes, I agree! For China to be a great nation, China must try to do justice around the world. Starting with its own backyard. Look at South Asia. The British carved up that place, giving too much too the Hindus. The Muslims were cheated out of their fair place in South Asia.

China must right the wrong. New Delhi belongs with Pakistan and Pakistan should stretch across the whole of northern "India," pushing "India" down south toward the sea.

It is China's burden that as a superpower we have to right the world's wrong. It's time for the axe to finally fall on South Asia's injustices.


You can see from the photo that Indian PM's hands are in an attack position. India is getting ready for its "attack." At least they think it's their attack, in the end they will lose everything.

PM Wen's hands are in a protective but non-hostile posture. The Indians have finally gone overboard... they are ready to light up a fire.... and PLA finally gets a chance to let loose all its pent ready tension.

Lol we seem to have China's own Rudyard Kipling here, talking about the "Chinaman's Burden"

please do continue. I guess one does need comic relief at times.

 

[below_freezing]

Thank you for this post.
I hope other Chinese forum members keep the two highlighted points in mind when making comments upon India's progress.
Btw, the 70% rural population is a figure from 90s census. Today the ratio is 60-40. In western and southern India, its 50-50 or even higher. There is currently a nationwide census in progress. The true figures will be updated soon

Unfortunately, IT professionals and pharmaceuticals manufacturers are a small percentage of India's workforce and even smaller than corresponding sectors elsewhere. The vast majority are low skilled laborers doing menial work. If there is truly 60/40 ratio, China only has a 50/50 ratio so why is india STILL behind so far? I believe there are several answers here:

1.) Indian GDP is inflated due to hidden costs of corruption, bad government, bad infrastructure, disease, illiteracy, environment, etc.

2.) Rural indians are FAR poorer than rural Chinese.

3.) The sectors that employ highly paid Indians are smaller than the same sectors in China.

 

[Jade]

1.) Indian GDP is inflated due to hidden costs of corruption, bad government, bad infrastructure, disease, illiteracy, environment, etc.

Could you care to explain this?

 

[below_freezing]

Could you care to explain this?

sure. corruption, disease and bad infrastructure are hidden costs because they reduce efficiency and result in capital flight. for example, a corrupt politician stealing 1 million USD alloted for some project by the government is counted as GDP (since that 1 million was part of "government spending") but then the politician transfers the money to swiss banks secretly, which isn't recorded but is still a net decrease in the amount of money. disease and infrastructure on the other hand causes delays. long enough infrastructure delays cause pileups in inventory, which is when the company has large stores of products that it has already sunk money into but is unable to sell and transform into liquid assets. disease on the other hand decreases the average productivity of the indian workforce, again imposing a hidden cost and delay on indian companies, resulting in a GDP decrease.

 

[flyinfishjoe]

indian "engineers" who can't manufacture anything but big talk! grats you can buy a 120K USD house in india, how many can't? vast majority? what are they going to do, sleep on the streets? if indian engineers are so good why is india behind in almost every area of manufacturing? why is india so inefficient?

have to look at the training of indian engineers. except for the top 1% at IIT mumbai, what type of training do they recieve? in china we have mandatory half year internships to give science and engineering students hands on experience. what about india? i've already worked in a clinical lab and a heavy chemical plant, what about indian students?

why can't india win any global contests? why is it restricted to low level outsourced business software? china doesn't depend on outsourcing of business software, we have our own scientific software and real software products.

Is this a joke? What do you know about Indian engineering. Only talk about what you actually know, don't go around drawling on and on about something you don't even know about.

 

[below_freezing]

Is this a joke? What do you know about Indian engineering. Only talk about what you actually know, don't go around drawling on and on about something you don't even know about.

i know that india is behind the world in manufacturing almost everything of value. shipbuilding, steel, petrochemicals, aerospace, electronics, you name it, india is behind in both quality and quantity.

 

[RoYaL~GuJJaR]

i know that india is behind the world in manufacturing almost everything of value. shipbuilding, steel, petrochemicals, aerospace, electronics, you name it, india is behind in both quality and quantity.

DISAGREE........

 

[6642.CN]

i know that india is behind the world in manufacturing almost everything of value. shipbuilding, steel, petrochemicals, aerospace, electronics, you name it, india is behind in both quality and quantity.

stop this nonsense! you are a matured person, don't act like those Hong Kong kids, please. it doesn't matter where India is lagging behind, what matters is how much threat India poses to China. concentrate on strategic defense. I have respect for you, so I am telling you.

 

[CardSharp]

Could you care to explain this?

He means GDP deflator

GDP deflator - Wikipedia, the free encyclopedia

 

[CardSharp]

stop this nonsense! you are a matured person, don't act like those Hong Kong kids, please. it doesn't matter where India is lagging behind, what matters is how much threat India poses to China. concentrate on strategic defense. I have respect for you, so I am telling you.

As oppose to a Macau kid? Let's not start your forum life here by broad brushing roughly a quarter of the Chinese members here.

 

[Jade]

sure. corruption, disease and bad infrastructure are hidden costs because they reduce efficiency and result in capital flight. for example, a corrupt politician stealing 1 million USD alloted for some project by the government is counted as GDP (since that 1 million was part of "government spending") but then the politician transfers the money to swiss banks secretly, which isn't recorded but is still a net decrease in the amount of money. disease and infrastructure on the other hand causes delays. long enough infrastructure delays cause pileups in inventory, which is when the company has large stores of products that it has already sunk money into but is unable to sell and transform into liquid assets. disease on the other hand decreases the average productivity of the indian workforce, again imposing a hidden cost and delay on indian companies, resulting in a GDP decrease.

What you seems to suggest in this post is that inefficiencies would deflate GDP...however, your initial post says that inefficiencies inflate GDP? Is is not contradictory?

First, Inefficient use of the any available resource by the country is represented within a point inside the production possibilities frontier, hence a lower GDP

Second, if, as indicated by you in your initial post, inefficiencies inflate GDP, then for some of the countries such as Somalia, where inefficiencies are the highest should not have a GDP growth rate of 2.6% but much much higher

 

[Jade]

He means GDP deflator

GDP deflator - Wikipedia, the free encyclopedia

GDP deflator is perfectly legal. It is a way of removing the effects of inflation from the GDP, however, he seems to suggest effects of inefficiencies on the GDP leading to inflated/deflated GDP

 

[CardSharp]

GDP deflator is perfectly legal. It is a way of removing the effects of inflation from the GDP, however, he seems to suggest effects of inefficiencies on the GDP leading to inflated/deflated GDP

Legal? What are you talking about?