India’s GDP grows 7.8 per cent in Q1 FY24, highest in four quarters

[beijingwalker]

When you sell a dollar worth of stuff for 80 cents then you become a huge producer and biggest exporter.

When your government subsidize your industry and give incentives to export more, no wonder your country become the factory of the world.

But when you calculate the TOTAL debt that your various BANKS, Financial Institutions, Provincial Governments and Central Bank have been rotating in circles to fund this whole activity, then the debt-figure will make you worry.

If export starts dropping, then the huge capacities which China has built would not be economically viable.

Your real estate market is in shambles, useless infrastructure projects financed by banks will be the next to go down.

It is time to replace Xi and give your economy the boost it needs. Otherwise, China will bring the global economic catastrophe in very near future.

regards

All emerging countries experienced the same path, China is not the first one, Japan, Korea, Singapre.. did the same. All poor countries embarked their economic takeoff through this path, how India can be different? any prior examples?

When you sell a dollar worth of stuff for 80 cents then you become a huge producer and biggest exporter.

When your government subsidize your industry and give incentives to export more, no wonder your country become the factory of the world.

But when you calculate the TOTAL debt that your various BANKS, Financial Institutions, Provincial Governments and Central Bank have been rotating in circles to fund this whole activity, then the debt-figure will make you worry.

If export starts dropping, then the huge capacities which China has built would not be economically viable.

Your real estate market is in shambles, useless infrastructure projects financed by banks will be the next to go down.

It is time to replace Xi and give your economy the boost it needs. Otherwise, China will bring the global economic catastrophe in very near future.

regards

You are talking nonsenese, full western media crap, China has grown very fast for 4 decades and people's living standard had been pushed on par with the developed nations, if China was really a mess as you portrayed, how can this mess lasted for 4 decades without major troubles?

 

[beijingwalker]

China now is already the world Number one trading nation, exporting nation, surplus nation, foreign reserve nation, industrial nation, agricultural nation, mining nation, shipping nation, manufacturing nation... If China was really the big mess as you described, how can China have achieved these results?

 

[beijingwalker]

Infrastructure wise, China had long overtaken all western countries becoming the runaway leader in the world, based on foreign media theory, China should have long gone broke after financing these many projects all over China, how come China still holds one third of the world total foreign reserves and has so much money to invest everywhere in the world?

Why haters never use their brain to think at least for a second?

 

[Get Ya Wig Split]

China now is already the world Number one trading nation, exporting nation, surplus nation, foreign reserve nation, industrial nation, agricultural nation, mining nation, shipping nation, manufacturing nation... If China was really the big mess as you described, how can China have achieved these results?

You sound stupid as usual. Is it possible that China has achieved these "accomplishments" due to its vast population of 1.4 billion people (Soon to be 1.3 Billion and much lower) What do you think? Without this substantial population, China might find itself in a much less favorable position. Just imagine if the US had a population of 1.4 billion its GDP would likely exceed 100 trillion dollars by now lol. In reality, China isn't particularly unique; in fact it appears to be lagging behind in various aspects. The large population you have is in many ways, a stroke of luck otherwise, China might not hold as much relevance on the global stage. Let's keep it real.

China is trash and you know it.

 

[beijingwalker]

China is trash and you know it.

You are trash, go and fk your mother.

 

[RealDeal]

You sound stupid as usual. Is it possible that China has achieved these "accomplishments" due to its vast population of 1.4 billion people (Soon to be 1.3 Billion and much lower) What do you think? Without this substantial population, China might find itself in a much less favorable position. Just imagine if the US had a population of 1.4 billion its GDP would likely exceed 100 trillion dollars by now lol. In reality, China isn't particularly unique; in fact it appears to be lagging behind in various aspects. The large population you have is in many ways, a stroke of luck otherwise, China might not hold as much relevance on the global stage. Let's keep it real.

China is trash and you know it.

China is an average mediocre middle income nation, it's India thats the trash underperformer where 500 million are shitting in the street and per capita income is not even 3000 yet, Chinese compare themselves to India and feel good about themselves, like how Indians compare themselves to Pakistan to feel well ... simple coping mechanism. China per capita income will not even cross 15000 ever, actually most likely will fall to 10,000, about 5 times below an average rich nation. Again this is in the near future - ~20 years, who knows what happens 50-60 years from now.,

 

[Get Ya Wig Split]

You are trash, go and fk your mother.

Keep ya weirdo behavior away from me pls n thanks

​

 

[beijingwalker]

China is an average mediocre middle income nation, it's India thats the trash underperformer where 500 million are shitting in the street and per capita income is not even 3000 yet, Chinese compare themselves to India and feel good about themselves, like how Indians compare themselves to Pakistan to feel well ... simple coping mechanism. China per capita income will not even cross 15000 ever, actually most likely will fall to 10,000, about 5 times below an average rich nation.

Check out how many can not make their ends meet, and how expensive everything is in those so called rich nations.

 

[CallSignMaverick]

Inflation based, just like US, besides, I can see why US can grow being a net trade deficit nation cause US controls dollar, can't see how India grows being the second biggest trade deficit country only after US. how can a country grow by just buying but not selling?

Try posting anything educated, nominal growth and real growth had a difference of just 0.2% due to negative WPI inflation in India. Absolute state of a wumao.

 

[RealDeal]

Check out how many can not make their ends meet, and how expensive everything is in those so called rich nations.

Housing is the single biggest major expense in a person's lifetime, everything else is trivial compared to that. Cars, electronics, household durables like fridge cost almost the same everywhere. Even a car imported from China will cost maybe only 10-15% more than in China, so yea.. its just housing, and housing cost is based mostly on population pressure and land availability. You can buy a mansion in the suburbs in most American cities for like 500,000, for that you get a shitty slum in Shanghai..

The only things that cost more in the western world basically is eating out. if you can cook and eat at home, you will barely spend anything except rent. You will remain a peasant if you blow money every night on bars and restaurants.

 

[beijingwalker]

Try posting anything educated, nominal growth and real growth had a difference of just 0.2% due to negative WPI inflation in India. Absolute state of a wumao.

I can see why US can grow being a net trade deficit nation cause US controls dollar, can't see how India grows being the second biggest trade deficit country only after US. how can a country grow by just buying but not selling? can you explain?

 

[Laozi]

You are talking nonsenese, full western media crap, China has grown very fast for 4 decades and people's living standard had been pushed on par with the developed nations, if China was really a mess as you portrayed, how can this mess lasted for 4 decades without major troubles?

Even Pakistan has lasted last seven decades without major problems. without having any exports, without having any major manufacturing facilities nor having any major service industry. Pakistan enjoyed the patronage of Uncle Sam.

Pakistan problem has started when it's mentor left it high and dry after exiting Afghanistan.

The same mentor which helped you for last five decades to undermine U.S.S.R and made you world factory is feeling threatened by you. Uncle Sam along with some allies have now decided to start shifting their units out of your country.

the trouble will start if your exports decline. If your exports to U.S. and EU remains expanding, then you will be number one economy pretty soon. But if your manufacturing base shrinks and hi-tech products leave China then you will face major economic problems.

 

[beijingwalker]

Housing is the single biggest major expense in a person's lifetime, everything else is trivial compared to that. Cars, electronics, household durables like fridge cost almost the same everywhere. Even a car imported from China will cost maybe only 10-15% more than in China, so yea.. its just housing, and housing cost is based mostly on population pressure and land availability. You can buy a mansion in the suburbs in most American cities for like 500,000, for that you get a shitty slum in Shanghai..

The only things that cost more in the western world basically is eating out. if you can cook and eat at home, you will barely spend anything except rent.

You can also buy a big house in suburbs in China too, but Chinese people like to live in urban cities, all Asians people do.

Even Pakistan has lasted last seven decades without major problems. without having any exports, without having any major manufacturing facilities nor having any major service industry. Pakistan enjoyed the patronage of Uncle Sam.

Pakistan problem has started when it's mentor left it high and dry after exiting Afghanistan.

The same mentor which helped you for last five decades to undermine U.S.S.R and made you world factory is feeling threatened by you. Uncle Sam along with some allies have now decided to start shifting their units out of your country.

the trouble will start if your exports decline. If your exports to U.S. and EU remains expanding, then you will be number one economy pretty soon. But if your manufacturing base shrinks and hi-tech products leave China then you will face major economic problems.

China now is already the world Number one trading nation, exporting nation, surplus nation, foreign reserve nation, industrial nation, agricultural nation, mining nation, shipping nation, manufacturing nation... If China was really the big mess as you described, how can China have achieved these results?

Even Pakistan has lasted last seven decades without major problems

Pakistan's economy had been booming for 4 decades with double digit annual growth? This is news to me, I didn't know.

 

[Indos]

Why is there no pent up growth in China, US or any other country they?

My analysis

1. India still has good natural economic growth

2. Why not happen in Western countries ?

A. Indian Covid measure is pretty hard and this make the economy fall to minus 8-9 percent in 2020. You dont see it happen every where except maybe in Philippine around minus 6 percent and Malaysia around minus 4-5 % in 2020. In Philippine even one man is shot dead by Police because breaking the social distance regulation.

Philippine did have high growth after the Covid measure is stop, but now declining to 4.2 % in Q2 after growth around 6.4 % in Q 1 and previous quarter since 2022. Malaysia has high growth since 2022 and until Q1 2023 but since the country is export lead economy so they get harder effect that make their economy start slowing in Q2 2023 due to Western and China economic slowing.

B. Western nations are pretty liberal in implementing social distancing measure and only in short period.

C. Western nations actually start to pick up since 2021 but Russian war really hurt them so hard

D. China Covid measures are so hard and long and in the process kill many of their small and medium business where many are also in service sector. China also has generic problem in their property market. China 6.2 % GDP growth in q2 is also due to their low base ( they still adopt their covid measures until first semester 2022 although in more relax way)

 

[NG Missile Vessels]

A. Indian Covid measure is pretty hard and this make the economy fall to minus 8-9 percent in 2020.