Study: China to overtake US as world's No 1 consumer

[Fattyacids]

a
Today,Taoism and Confucianism are a syncretism of Buddhism in its current form. Second Buddha attained enlightenment in Bodhgaya,India.Then there is Buddha Guru Padamasambhava also,who's supposed to be incarnation of Amitabha Buddha , which I believe is part of Pure land Buddhism in China.

Lao tzu nd Confucian was born before or around same time as Buddha. And Buddhism didn't took off in China until 700AD Bodidharma. That's 1500 years later. Are you not retarded.

Gautam Buddha was a hindu originally before he attained enlightenment in the Bodhgaya. Have some indians misbehaved with you in life that you seem have such prejudice?

Blue eyes? Buddha? I have heard that for Padamasambhava who had blonde hair and was from Afghanistan or Iran ,but Gautama ? I doubt

Indian are not white people....

Buddha was from Nepal which means there's a possibility he has some Mongoloid gene. So what if he attained enlightenment in India? if you are indian by birth, but earned our degree in the US, does it make you American? That's the dumbest logic. Indian IQ.

 

[474474]

Nah dude, the government already set the date for Quarter 3 of year 2018. I don't expect any more delays because of course, how could the smart and productive Indians ever be so stupid as to repeatedly get their predictions wrong??

Indian supa-powah by August 2015, after that India will launch huge gang-raping campaigns through Central Asia into Europe (from March 2016-August 2016). India will have conquered the European continent within 5 months.

Their war-booty will include little White children to toil as slaves, as well as White women to scrub their nasty a$$es for them every time they defecate in the street.

This will all come to pass, cow-willing, by 2018.

I'm going to hell for laughing

 

[ephone]

So? That will make China...???

Study: China to overtake US as world's No 1 consumer
Fri Aug 16, 2013 2:48PM GMT

 

[Fattyacids]

Nah dude, the government already set the date for Quarter 3 of year 2018. I don't expect any more delays because of course, how could the smart and productive Indians ever be so stupid as to repeatedly get their predictions wrong??

Indian supa-powah by August 2015, after that India will launch huge gang-raping campaigns through Central Asia into Europe (from March 2016-August 2016). India will have conquered the European continent within 5 months.

Their war-booty will include little White children to toil as slaves, as well as White women to scrub their nasty a$$es for them every time they defecate in the street.

This will all come to pass, cow-willing, by 2018.

 

[beijingwalker]

it's always like this,first,you produce for others and then you consume yourself, now China is about to become both the biggest producer and the biggest consumer in the world.

 

[beijingwalker]

the West has been predicting China's crash for more than 2 decades arleady,but every passing year,China's is getting closer to claim the world's number one spot.what an irony,lol..

 

[Jungibaaz]

Stay on topic, no more posts on the irrelevant.

 

[beijingwalker]

China now is the world's biggest trader,manufacturer,consumer...very soon we will bring an end to the centuries old western dominance of this world.

The Economist: China has surpassed U.S. in many economic indices
December 4, 5:54 pm

The Economist magazine pointed out in a recent article that in the 21 different economic indices including manufacturing output, export, fixed investment, China has surpassed U.S. by more than half.

The article also predicted when China will outperform U.S. in the rest indices. It pointed out that by 2014, China is expected to be the largest import country in the world and meanwhile has the largest retail sales. Nonetheless, U.S. still keeps great strengths in some of the indices, for instance, its capital in stock market is 4 times that of China and its national defense expense is 5 times that of China.

When Goldman Sachs first made prediction for the economic growth of the BRICs (Brazil, Russian, India and China) in 2003, it predicted that China would possibly surpass U.S. in 2041. But now the prediction is adjusted to 2027. And Standard Chartered predicted in 2010 that the surpassing year might be 2020.

The Economist estimated that the current GDP of U.S. is still twice that of China under market exchange rate. In the past ten years, the average annual GDP growth was 10.5 percent in China and 1.6 percent in U.S..The average annual inflation rate was 4.3 percent in China and 2.2 percent in U.S. respectively. Since China aborted yuan’s peg to the dollar, the average annual appreciation of yuan has been slightly over 4 percent.

The prediction towards the coming 10 years by the Economist was: the average annual GDP growth rates are likely to be 7.75 percent in China and 2.5 percent in U.S..The average annual inflation rates are expected to be 4 percent and 1.5 percent. Meanwhile, it is expected that yuan depreciate 3 percent each year. Considering these variables altogether, China is expected to outrange U.S. in 2018. If the actual economic growth rate is only 5 percent in the next 10 years (others unchanged), China will likely to outperform U.S. in 2021.