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Top Ten World Economies in 2018 | IMF

But Supa Rupaa is PPP currency.
It is more valuable than golda.
If you follow their currency closely, you would realize the Indian economy had been growing because of low oil prices. Eventhough China imports more oil, the effect of oil price drop is minuscule due to our economic and trade size.
 
India is not that bad either. She will surpass UK and France in 1 or 2 years. And she will overtake Germany in 5-10 years.

She will overtake Japan in 15 years.
 
If you follow their currency closely, you would realize the Indian economy had been growing because of low oil prices. Eventhough China imports more oil, the effect of oil price drop is minuscule due to our economic and trade size.
Oil is creeping up. My prediction oil will hit 70$ USD barrel in 2018
 
Feel free to DON'T POST anything at all if you don't have time.
Are you giving excuse because you have nothing technologically significant from Turkey ?
.

Sorry buddy I am into more "grown-up" stuff... High school debates just don't charm me. I told you where you can find tech stuff about Turkey.. So, do not quote me in here please, regards.
 
Buss, why are you getting so worked up about China? Chill, okay, China will be China, India will be India, each will grow or decline according to their own pace. GDP is just a number, wealth is not just about accumulating dollars, it is about improving lives, like HSR, water treatment plant, less pollution, green energy, electric cars, metros, education, more efficient food and material production and R&D, etc. A large portion of US GDP is in wall street casino, and a large part of Indian gdp is tied to servicing this casino. In the end, real tangible goods and services matter, not 'financial services' which does nothing but push credit around. India might be the top 5 largest economy but what is the use when you have the most polluted cities on earth, that without even the Chinese level of industrialization, when people starve, when the infrastructure is like Africa and dirty streets with poos water everywhere. There is no point being a supa powa like tht, it would just be a Republic of Poo.

The Indian Rupee is highly dependent on investment inflows to keep it's value, otherwise it is basically toilet paper. China does not allow liberal investment within our financial markets due to independence and security reasons. Therefore a large portion of forex is from trade. The rupee used to be 45:1 now it is around 64"1, China used to be 8.2:1 and now it is 6.5:1. In actual fact, China is trying to keep it normal, not too high and not too low, we are an export oriented economy afterall.

Impressive accomplishment without much industry!

SO2 Levels, India and China :

upload_2018-1-9_15-18-59.png

upload_2018-1-9_15-19-8.png
 
A good indicator is the per hour salary of a factory worker. Compare those numbers. How much a factory worker makes per hour in your country? How much does a school teacher make ?
The hourly wage is 3.6$ for Chinese factory workers, on par with Portugal.
https://www.cnbc.com/2017/02/27/chinese-wages-rise-made-in-china-isnt-so-cheap-anymore.html
The average yearly salary nationwide is 67569 RMB, which is apporx 10386 USD.
https://tradingeconomics.com/country-list/wages
Here is the average salary for turkey: 760 USD per month before tax.
https://en.wikipedia.org/wiki/List_of_European_countries_by_average_wage
 
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Impressive accomplishment without much industry!

SO2 Levels, India and China :

View attachment 447126
View attachment 447127
Steel, cement industry in Northern China.....
Bringing China thousands of miles of highs-speed railways, expressways, subways.....
But.....what is pollution bringing to SP2012?

length of expressway vs car sales in China.jpg


Feel free to DON'T POST anything at all if you don't have time.
Are you giving excuse because you have nothing technologically significant from Turkey ?
.
Could we not talk abut countries like Turkey?
It is quite irrelevant to the world's economy.

global growth 2017-2019.jpg
 
Sorry buddy I am into more "grown-up" stuff... High school debates just don't charm me. I told you where you can find tech stuff about Turkey.. So, do not quote me in here please, regards.
More "grown up" stuff like playing games on your phone kiddie ?
This is not a debate, kiddie, it is to showcase who are the top ten world economies until a kiddie turn up here and made a post about Turk's great technological achievements and ask us to look for it ourselves.
If you don't want others to quote you, don't posts, especially if without sources.
You want to get your last word in but don't want others to quote you ?
STFU and nobody will bother you.
Clear ?
.
 
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If you talk to Chinese and foreigners living in China it is all but bright and shiny. Anyone who believes there has been a significant amount of wasted investment in China must accept that reported GDP growth overstates the real increase in wealth by the failure to recognise the associated bad debt. Were it correctly written down, by some estimates GDP growth would fall below 3 per cent.
In the mean time the debt is above 300% of the GDP. The yuan is kept under strict control but sooner or later you will have to trade the currency and open your financial market.
Many Chinese are moving their factories and offices in South East Asia, Australia and even Japan because the situation is "getting complicated".
Now you are trying to switch from a manufacturing based to a service based economy to avoid the collapse. The point is that you have no "China" brand and no appeal, despite the massive marketing campaigns of your government. For decades you sold cheap and faulty products. It is true that the quality is improved, but how do you expect to have people buying your stuff at a premium price?
When banks and financial institution blow in one direction..it is time to worry.

There is also another disturbing reality which is the Chinese government obsession with censorship, information control and other form of limitation not only in China but also abroad. Have you ever asked yourself why?
 
I don't get it where this china vs Turkey rhetoric comes from, these countries are not even in same league o_O Turkey currently can only develop it's own satellites, armored vehicles, missiles, artilleries, armed uavs, light helicopters, radars, ships, trainer aircrafts etc, but Turkey currently cannot produce aircraft carriers, space rockets, nuclear warheads, 5th gen fighter jets, nuclear submarines where china can.

Turkey is not "zero" at all like forum baby says, but there are 20 years in technology between Turkey and china, and this gap seems like to increase by time.

I mean if you want to make a pissing contest with one country, pick one country in same league o_O US is good choice for China.
 
Chinese enterprise develops world’s first carbon fiber composite vehicle body

(People's Daily Online) 14:00, January 08, 2018


FOREIGN201801081400000488561149121.jpg


A Chinese enterprise has developed the world’s first carbon fiber composite vehicle body, which is 35 percent lighter than metal ones.

The Chinese state-owned enterprise, CRRC Changchun Railway Vehicles Co., Ltd, has exclusive rights in developing and testing the carbon fiber composite body, making China a world leader in adopting the material in rail transit industry.

Due to its special physical characteristics, the car body is 35 percent lighter than metal ones, which can improve carrying capacity and reduce energy consumption and damage to circuits, according to People’s Daily.

The carbon fiber composite material also shows excellent performance under extreme conditions and severe environments.

In addition, owing to its extraordinary resistance to fatigue, corrosion, and ultraviolet aging, its service life can be more than 30 years.

Also, the body is more advantageous than metal ones in terms of insulation and vibration damping, which can reduce internal noise and vibration during operation, improving passengers' comfortableness.

http://en.people.cn/n3/2018/0108/c90000-9312802.html

:coffee:

US is good choice for China.

Agree that such comparison is off an ill start and does not make sense. Yet, the US is also not an enviable benchmark for China except, to a degree, its military technology (albeit China does still not envy their military alliance system). It is something China strives to achieve at.

As for other fields, for China, Japan is the only acceptable benchmark in terms of technology and Singapore is one of the acceptable benchmarks in terms of public governance.

For China, governance is not a passion or popularity, but hard, efficient, result-oriented work.

Performance and result is what matters. I know for sure President Xi is one of the least paid leaders in the world (at 22.000USD). I guess your President/party leader is paid several times more. Even Modi gets higher salary than President Xi.
 

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