IMF: India to outgrow China

[Lux de Veritas]

IMF: India to Take Growth Lead | The Diplomat

The International Monetary Fund has joined the World Bank in downgrading its global growth forecasts, citing “persistent negative forces.” And on the same day China posted its slowest growth since 1990, the IMF said India would overtake its Asian competitor as the fastest growing major economy next year.

The fund said China would slow from an estimated 7.4 percent growth in 2014 to 6.8 percent this year and 6.3 percent in 2016, both down on its previous forecasts for the world’s second-biggest economy and below the World Bank’s predictions.

While the IMF’s downward revisions to China’s growth weakened the outlook for emerging Asia, it left India’s projections virtually unchanged at 5.8 percent GDP growth in 2014, rising to 6.3 percent this year. According to the fund, weaker external demand for India will be offset by cheaper oil and a “pickup in industrial and investment activity after policy reforms.”

In a sign of how Asia’s power balance may be shifting, the fund said India would post growth of 6.5 percent in 2016, eclipsing China’s projected 6.3 percent rise, reflecting its confidence in Indian Prime Minister Narendra Modi’s policies.

 

[me_itsme]

No way, not now atleast. We still have a lot of work to do before this happens.

 

[Echo_419]

IMF: India to Take Growth Lead | The Diplomat

The International Monetary Fund has joined the World Bank in downgrading its global growth forecasts, citing “persistent negative forces.” And on the same day China posted its slowest growth since 1990, the IMF said India would overtake its Asian competitor as the fastest growing major economy next year.

The fund said China would slow from an estimated 7.4 percent growth in 2014 to 6.8 percent this year and 6.3 percent in 2016, both down on its previous forecasts for the world’s second-biggest economy and below the World Bank’s predictions.

While the IMF’s downward revisions to China’s growth weakened the outlook for emerging Asia, it left India’s projections virtually unchanged at 5.8 percent GDP growth in 2014, rising to 6.3 percent this year. According to the fund, weaker external demand for India will be offset by cheaper oil and a “pickup in industrial and investment activity after policy reforms.”

In a sign of how Asia’s power balance may be shifting, the fund said India would post growth of 6.5 percent in 2016, eclipsing China’s projected 6.3 percent rise, reflecting its confidence in Indian Prime Minister Narendra Modi’s policies.

This has been posted 100s of times,if you want to troll just simply say it

 

[northeast]

If you actually do some research on this kind of prediction done by IMF，you'll see that their prediction on the GDP growth rate of US and India were always higher than what they really reached by 1-2%，and their prediction on the GDP growth rate of China was always lower than what they really reached by 1-2% in most of years.
After all,IMF is an organization lead by US(a lapdog of US),so they do have some common wishful thinking as americans have.They do wish china collapsed as soon as possible.

 

[vsdave2302]

If you actually do some research on this kind of prediction done by IMF，you'll see that their prediction on the GDP growth rate of US and India were always higher than what they really reached by 1-2%，and their prediction on the GDP growth rate of China was always lower than what they really reached by 1-2% in most of years.
After all,IMF is an organization lead by US(a lapdog of US),so they do have some common wishful thinking as americans have.They do wish china collapsed as soon as possible.

But China has an an unmatched way to increase GDP.

Local governments inflated China’s GDP by $900 billion last year—and that’s not going to stop soon – Quartz

 

[opruh]

I think China will still grow by at least 7% this year.

 

[Beidou2020]

India will never surpass China. Chinese are just too smart for Indians for them to beat China at anything.

Indians talk a lot and do very little. Chinese talk little and do a lot. It's a cultural trait which Indians will never ever overcome.

I hate to say this but South Asians are generally less intelligent than East Asians. East Asia is a far more developed region than South Asia.

 

[zip]

India will never surpass China. Chinese are just too smart for Indians for them to beat China at anything.

Indians talk a lot and do very little. Chinese talk little and do a lot. It's a cultural trait which Indians will never ever overcome.

South Asians are generally less intelligent than East Asians.

Ok ..then you must be an exception

 

[pursuit of happiness]

IMF: India to Take Growth Lead | The Diplomat

The International Monetary Fund has joined the World Bank in downgrading its global growth forecasts, citing “persistent negative forces.” And on the same day China posted its slowest growth since 1990, the IMF said India would overtake its Asian competitor as the fastest growing major economy next year.

The fund said China would slow from an estimated 7.4 percent growth in 2014 to 6.8 percent this year and 6.3 percent in 2016, both down on its previous forecasts for the world’s second-biggest economy and below the World Bank’s predictions.

While the IMF’s downward revisions to China’s growth weakened the outlook for emerging Asia, it left India’s projections virtually unchanged at 5.8 percent GDP growth in 2014, rising to 6.3 percent this year. According to the fund, weaker external demand for India will be offset by cheaper oil and a “pickup in industrial and investment activity after policy reforms.”

In a sign of how Asia’s power balance may be shifting, the fund said India would post growth of 6.5 percent in 2016, eclipsing China’s projected 6.3 percent rise, reflecting its confidence in Indian Prime Minister Narendra Modi’s policies.

--
may be but chinese delivery on projects outgrow india any time ..
india need to speed up both growth horizontaly and verticaly

 

[AgentOrange]

But China has an an unmatched way to increase GDP.

Local governments inflated China’s GDP by $900 billion last year—and that’s not going to stop soon – Quartz

China must be inflating its HDI also seeing as how China is over 40 spots higher than India. Those crazy commies I tell ya. Inflating their people's living standards just to embarrass India. If only India found a way to raise their people's living standards but that would be undemocratic. Better that everyone in India live with the freedom of poverty for all.

Human development index (HDI) | Human Development Reports

Here's a tip that will salve your wounded pride: If you close your eyes real tight, put your fingers in your ears, and scream "lalalala I can't hear you!" you can almost delude yourself into believing that India is actually ahead of China. Almost.

 

[Keel]

There have been a lot of countries outstripping China in GDP growth rates over the years
List of countries by real GDP growth rate - Wikipedia, the free encyclopedia
I havent seen these countries are having orgasms over that beating China

And when the denomiator is becoming larger, the high % growth rate is harder to maintain

So what is the folking point of highlighting the growth rate of India to exceed that of China anyway time and again?

It is the absolute amount of the size of GDP, the disposable income, the GDP per capita, the prosperity index, the HDI index the FX reserve, the health of the currency. the GINI index, the social and welfare systems, the scientic, academic, sports, business .. achievements, the strength of defense, the innovation index ...all that matters

 

[Echo_419]

China must be inflating its HDI also seeing as how China is over 40 spots higher than India. Those crazy commies I tell ya. Inflating their people's living standards just to embarrass India. If only India found a way to raise their people's living standards but that would be undemocratic. Better that everyone in India live with the freedom of poverty for all.

Human development index (HDI) | Human Development Reports

Here's a tip that will salve your wounded pride: If you close your eyes real tight, put your fingers in your ears, and scream "lalalala I can't hear you!" you can almost delude yourself into believing that India is actually ahead of China. Almost.

No one is denying China's Awesome progress in HDI & even if all of this was fabricated & part of some communist conspiracy then what about all those other Achievements like HSR & other good things

 

[jamahir]

but South Asians are generally less intelligent than East Asians.

not entirely true.

india need to speed up both growth horizontaly and verticaly

what do "horizontal" and "vertical" mean... in simple words, please.

No one is denying China's Awesome progress in HDI & even if all of this was fabricated & part of some communist conspiracy then what about all those other Achievements like HSR & other good things

in 2009, the chairman of nasscom ( the indian software/services companies association ) predicted grandly that indian software industry would be earning trillions of dollars by 2030... now that was silly on so many levels.

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to everyone on this thread... stop talking about economics... money system has no logical future... and the chinese members should be saying this more than anyone.

 

[AgentOrange]

No one is denying China's Awesome progress in HDI & even if all of this was fabricated & part of some communist conspiracy then what about all those other Achievements like HSR & other good things

You've always had very measured responses no matter the mudslinging from both sides and for that you have my respect.

 

[pursuit of happiness]

not entirely true.



what do "horizontal" and "vertical" mean... in simple words, please.



in 2009, the chairman of nasscom ( the indian software/services companies association ) predicted grandly that indian software industry would e earning trillions of dollars by 2030... now that was silly on so many levels.

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to everyone on this thread... stop talking about economics... money system has no logical future... and the chinese members should be saying this more than anyone.

--
what i mean length and bredth of projects..
exa.
Delhi mumbai Indstrial corridor project can be consider as horizontal project as its new dimetion to IR goods trafic which is dedicated to that only..

Bullet trai,, inceasr speed of train.. smal tweak in track to incease speed is can be call as vertical as they in same cateegory of passanager servvice but with more feature to improve performace..

so we need both decicated solution project as horizontal project and vertical project to improve existing system