India's economy will not converge with China's

[Chris8282]

@RpgMakerVXTutor From America, good luck to you all!

[TheBonnerking]

@Sasukekillsitachi

China deserves to boast on its progress but not at the cost of loosing its values and living standards.

I dont kno if India has come this far surfing on the wave of perpetual criticisms from our people about Corruption etc but i kno fr a fact it could have been much worse.(eg- Pakistan)..

And about the Single party rule ---> grow up u dummy and Understand Diplomacy and politics . don't go about flaunting ur Ignorance.

[reallysecretusername]

@TheBonnerking losing living standards? you realize that they're a hell of a lot better off now than before, right?

[Sasukekillsitachi]

India suffers from corruption, and democracies are harder to grow, it is better for our India to change to single-party rule, its get things done much faster than democracy.

[silver4883]

The generally acceted version is 17 years, the simple point i was making is that china has a great economy today. if india catches up with even todays china that isa good acheivement 17 years is not a long time. if the chinese growth rate drops due to higher wages and they become relatively less competitive then india's relative undersdevelopment may actually come into play for a competitive advantage

[stealthpakfa]

@silver4883 high wages when u are a producing nation means domestic consumption and thus higher living standards.

[silver4883]

for most of human history the world welath and power has been 75% in india or china. Both country the dominant power for most of human histrory over the last 2000 years apart from the last 300. it looks likely the defalt balance of world power will reoccur. at the current rate India will get China GDP of today in 17 years even that is not bad considering china is the second richest country in the world. that would make india into the top 4 or 5 in 17 years

[rodriquz]

@silver4883 17 years?? U have a very conservative thinking.t is actually 10 years.What was China's GDP in 2000? It was 1.2 trillion USD.What is India's GDP in 2010? Is is 1.3 trillion USD.What is China's GDP today? Its 5 trillion.What will India's GDP in 2020? According to most forecasts it will be like 6 trillion USD.So even if u still remove 1 trillion USD for conservative reasons, u still have India reach where China is today in 10 years.

[stealthpakfa]

@rodriquz u forget that chinas currency is undervalued by atleast 40%-50%, which means its gdp is also undervalued by that same amount.

chinas currency exchange rate should be 4 yuan per dollar.

chinas current gdp size is 40 trillion yuan.

so 40 trillion / 4 = $10 trillion

that is chinas true US dollar gdp if chinas currency is valued properly like indias currency.

[TheBonnerking]

@stealthpakfa

its 6.5 btw and the value comes to Aprox 6 trillion.

India opened its Economy 15 years after China...The period when Brucelee wus making movies in America India wasn't even herd on the world scale. FDIs were not even considered , as India was weary of the outside Word due too the bad memories of the British Raj era and concentrated on self sustenance. It is only when a full generation later NRI(non resident Indians)started investing back home did we capitalize on this source.

[silver4883]

India has greater soft power- bollywood is watched in 50 countries! India gave religions- bhuddism, Sikhism and Hinduism followed by 2.5 Billion people. China is a great country and india has great respect for china. however, the gap will get closer. Indians living in the UK. USA and Canada are just as rich as the chinese living in those places. So why not in Inidas living in india can be as rich as chinese living in chine. do u see what Im getting at?

[stealthpakfa]

@silver4883 india has alot more corruption than china and democracies make it harder to grow fast as votes are needed to do certain things. china dont need to worry about opinions of others to do something, it gets done quickly.

[Sasukekillsitachi]

We Indians need to learn from China, as of right now Chinas economy = x4 of India's!

Also Chinese infrastructure, cities, transportation everything is high-technology.

We Indians need to slap at our corrupt leaders, and focus on the countrys infrastructure.

[jamaiquino876]

INDIA!!!

[danielz4485]

i don't get why people here are arguing which country has a better economy.

All forecasts say both countries have the potential of becoming superpowers.

and with different strengths and weaknesses.

the enemy of both india and chinas growth is internal problems- corruption, poverty, pollution, proper education and so on.

People smarter than me are saying that for a long time.

[souro19]

YOU FORGET THAT INDIA IS A 3RD GENERATION POOR COUNTRY ,,

WHERE 75% PEOPLE ARE LIVING UNDER THE POVERTY LINE !!

SO WHY INDIA COMPETE WITH RICH CHINA COUNTRY !!

WHO USED THE FULL FORCE !!

WHERE INDIA JUST USED 30% POWER,, 70% POWER IS VEILED !!

[bimbotep]

@souro19 actully only 25% live on a dollar aday in india. about 10% in china.

india has a bigger workforce and younger people so in the next 30 years india will surpas china and america and take it`s rightful place at the top as history states.

india is growing at almost the same rate as china which is 8%.

india specializes in manafacturing high quality goods, china=low quality

india is a democracy which helps with forgein relations!!!!!!!!!

[souro19]

@bimbotep YEA INDIA HAVE LOT OF SAVING POWER ,,

AMERICA,CHINA ALL READY USED THE FULL POWER !!!

INDIA IS LOADING .................

SO GAME IS RESUME.......

[bimbotep]

@souro19 once more plz this time in english lol jk

[whufee]

@souro19  yeah yeah yeh u fag

[souro19]

@whufee ????????

[voltoz911420]

@souro19 i think u only have the info of only the rich cities in china, u should luk at the country side, most of the peple r poor nd get little salary, i have lived in china for 3 years, nd saw Shangai, beijing, xian nd other cities, but wen i went in the counrty side, ppl's living style was totally diff. frm the city, nd today only 51% of ppl in india r living under poverty line, but in china 58.7% live under pov. line cuz thier pop is more than india

[souro19]

@voltoz911420 YEA ! INDIA IS NOT A RICH COUNTRY , IT IS 3RD GENERATION POOR COUNTRY AS LIKE KONGO,CHAD,SOMALIA, AFRICA ETC !

BUT MIRACLE IS POOR INDIAN ECONOMY GONE UPTO 20000 SENSEX !

IT IS MOST MIRACLE !!!!!

[Phead128]

@souro19

15% growth (India) = +$140 billion

2% growth (China) = +$160 billion.

Good luck.

10% growth (China) = +$660 billion

9% growth (India) = +$120 billion

No comparison.

[souro19]

@Phead128 CHINA 1ST GENERATION COUNTRY HAVE 70% MID TO RICH PEOPLE !

INDIA IS 3RD GENERATION POOR COUNTRY HAVE 85% UNDER POVERTY LINED PEOPLE !

SO INDIA HAVE MORE RESOURCE TO MAKE IT IMPROVED !

INDIA GOT CHINESE POSITION IN 2045 !

THEN CHINESE GROWTH ARE RISING DOWN !

CHINA GONE THE LAST EDGE OF IMPROVEMENT !

THEN INDIA RISING MORE-LY IN EARTH !

SIMPLE EQUATION !

HA HA HA 3RD GEN CONGO,AFRICA LIKE POOR INDIA INCOME THE 140 BILLION !

SO WHAT HAPPEN WHEN GONE RICH !

[silver4883]

@Phead128 The great Panda and India are increasingly great friends. China is essentailly an anti islamic country and apart from Indian muslims that are pro indian, india is also anti muslim .

[silver4883]

@Phead128 firstly how accurate are Chinese GDP figures. Secondly, Real chinese GDP should exclude Taiwan and Tibet. thirdly, india just has to play the long game- we have better demograhics. Fourthly, India has lower manufacuring costs and this is an unexpoited sector and ready to take off. this will add 1 trillion to the GDP. INdia has more powerful friends- USA, Israel, Russia UAE Afganistan, Japan. most experts predict gdp growth in india will exceed china by 0.5-1% in 2012 onwards.

[Phead128]

@silver4883

Qing dynasty China (with Taiwan and Tibet) in 1820 occupied 33% of the world's GDP, much higher than British Empire (plus plundered India) occupied merely 25% during her height, and USA had 23.5% in 1945.

Qing China: 33% of the world GDP in 1820.

British Empire: 25% of the world GDP at her height.

Qing China includes Taiwan and Tibet, and British Empire includes India.

Beat China by 0.5-1%? In Indian terms, 0.5% is like 0.1% of Chinese economic growth, not the same size economy

[rabin46]

ps, indian economic output from the year 0 to 1800 has been the biggest in the world non stop, that is why the entire modern history starts with the search for the splendours and richess of india. china has been second to india uptill indias independence till 1960 for gods sake. the advantage that communism gave china will be having a place below the advantage that democracy gives india, the tables are about to turn for millennias to come.

[poortaiwanese]

@rabin46 lol u serious?Did you just made that up out of your ass?Song dynasty

's gdp = 80% of worlds total gdp.Ming dynasty was 50%

Why does indians lack history knowledge

[rabin46]

@poortaiwanese , lol 80 procent of the worlds gdp loooooooooool hahahhaha we all can see you have finished your studies at the university of fiction magna cum laude, not try the the university of fact!

its realy pathetic with how much fiction products of communist white washing of chinese history come up with , stop making a fool of your self, and skip your cultural revolution shit

[poortaiwanese]

@rabin46 Well if you do attend an university then go ask your history professor

if i m speaking the truth or not.Your reply does not refute my fact at all but just

jibberish.goodbye

[poortaiwanese]

Respond to this video...The fact that todays chinas economy is 4 times

the size of that india's and according to goldman sach's calculation that

it will be twice the size of america's by 2040s speaks for itself.Indians

are just bad at economics,fact.

[rabin46]

@poortaiwanese , AS I TOUGHT, AND WE ALL KNOW! YOU CHINESE FUCKS ARE PRODUCTS OF COMMUNIST MAO WHITE WASHING OF YOUR ENTIRE HISTORY, so i dont blame your ignorance , i just blame your unwillingness to devellop.

[tangchikhay]

@rabin46 I am Chinese, and I happen to love Indian culture and also India and to demonstrate my knowledge of indian culture, I am writing to you on the day of Janmastami itself. I've been to India a couple of times and I've enjoyed my stay there. I have to say that Indians like you truly make me hate India. It's the same ugliness when Indians brag about their 7000 years of civilisation but somehow cannot stop peeing and craping on the streets. Good job!

[tangchikhay]

@poortaiwanese I am Chinese and your paper-thin knowledge and over-reliance on statistics to prove your point is pathetic. Sure enough that the Chinese economy might look a lot more impressive on the paper but have you been to China, which houses 300 million of poor? There's nothing to celebrate about. If there's one country that we should celebrate friendship with, it's with India, the silent and unassuming Asian giant. You are loud and crass!

[poortaiwanese]

@tangchikhay no shit sherlock,you think i don't know china still has a long way to go?

I m comparing china to india basing on statics .Whats that bullshit you just wrote?

Based on your opinion?lol look who is paper thin

[poortaiwanese]

@tangchikhay also should I pay special attention to your rubbish comment

because you are chinese?I don't give 2cents who you are

[rabin46]

Amaury de Reincourt (1918 - ) "India sent missionaries, China sending back pilgrims. It is a striking fact that in all relations between the two civilizations, the Chinese were always the recipient and the Indian the donor." "Indian influence prevailed over the Chinese, and for evident reasons: an undoubted cultural superiority owing to much greater philosophic and religious insight, and also to a far more flexible script."

[rabin46]

Hu Shih, (1891-1962), "Never before had China seen a religion so rich in imagery, so beautiful and captivating in ritualism and so bold in cosmological and metaphysical speculations. Like a poor beggar suddenly halting before a magnificent storehouse of precious stones of dazzling brilliancy and splendor, China was overwhelmed, baffled and overjoyed. She begged and borrowed freely from this munificent giver. China's indebtedness to India can never be fully told."

[rabin46]

Hu Shih, (1891-1962), Chinese philosopher in Republican China. He was ambassador to the U.S. (1938-42) and chancellor of Peking University (1946-48). He said:

"India conquered and dominated China culturally for two thousand years without ever having to send a single soldier across her border."

[rabin46]

Lin Yutang (1895-1976) author of The Wisdom of China and India: "India was China's teacher in religion and imaginative literature, and the world's teacher in trignometry, quandratic equations, grammar, phonetics, Arabian Nights, animal fables, chess, as well as in philosophy, and that she inspired Boccaccio, Goethe, Herder, Schopenhauer, Emerson, and probably also old Aesop."

"

[rabin46]

india behind china historically==? my god you got any sense of history? india has always been above china historically stupid fool. and the world is returning to this historic norm.

[stealthpakfa]

all of india's economic growth is based on debt and deficit spending.

its a massive debt based consumption bubble.

there is no middle class in india to have domestic consumption with going into debt.

india is still a 3rd world country no different from africa, india still has absolute poverty and has no infrastructure.

india has always been behind china historically and it wont change now.

[stealthpakfa]

india is a paper tiger.

india has never had a bigger economy than china throughout history.

india has corruption and poverty that is worse than africa.

[lablask]

@stealthpakfa for 1560 years in past 2000 yrs india economy has been world's largest...then india's economy was bigger than china's in 1990 and before......then india scores better than china in corruption index and transparency and creidibility of government.....india's economy has shown higher growth rate in Q2 of this year than china.......either your are an ignorant pig or worthless INDOPHOBE!!!

[stealthpakfa]

@lablask

lol, nice try, everyone knows china was the world's largest economy for 1800 years in the past 2000 years.

only in the late 1700's did britain overtake china.

go ask anyone, they will tell u.

india biggest economy? LMFAO put down that weed ur smoking dude.

india has never held the biggest economy tag, EVER!

india has, and always will be a colony of britain and america.

india is just like japan, a colony, so india will never be greater than america.

[lablask]

@stealthpakfa also search about Indian Institute of Management....

[lablask]

@stealthpakfa the same link also shows how chinese economy is unstable ...getting half in a century while india has kept on growing and growing !!!!

[lablask]

@stealthpakfa kid you are talking to an IIM post grad which is world's 6th best management college...and if you think i am faking out then have a looks what stats and data and overall history has to say...maybe you have studied history of MARS..but this is earth...here is your link...just type this on google and go to wiki..List of regions by past GDP (PPP)...which also has a credible link source!

[indiasucksalways]

GM was booming in 2006. Then it signed a $300 million outsourcing deal with Wipro. 3 years later, GM goes under. Connect the dots. Wipro was banned from the World Bank for 3 years due to FRAUD.

[jewishwarrior666]

I'm sick and tired of the india shining fairytale promoted by the western media/business/government and indian establishments! It's pure BS!!! India is a shit hole that couldn't organize a lay in a whore house. Just look at their organizational leadership/skills towards the commonwealth games going on right now and what we see is one of the most incompetent government in existence in the world! They simply don't have the vision, work ethic, competence and abilities of the east asians! PERIOD!

[brokovnicah]

@jewishwarrior666 - yea man thats exactly how india is - a pure SHITHOLE - where peoples minds are still in the 18th century; and they are too f****ng slow and retarded - I have been there on a business trip and you dont even want me to get started on that. Simply put India is highly overrated, Indians cant compare with likes of east asians.

[Abhishakin]

@brokovnicah well East Asians countries 30/40 years ago were were the same as indians no differnet.......and Indian culture has has influenced many east Asian cultures...hear the history books mate!!...I dont know what kind of business trip you went to........have you ever heard of companies called Tata M&M or reliance....... In India there are all kinds of people...... and are not all the same.....thats why its a developing country

[Abhishakin]

@jewishwarrior666 ........its true...after world war II the British left India and compared to rest of asia......it was prob the most developed in Asia along with Japan at that time...and look at it now!!!.....rest of Asia has gone far ahead.........the People in goverment and Government officials in India........ have to be the worst in world!!!!!! Just travel to India and just go to any goverment office......and see how they work...........

[Abhishakin]

@jewishwarrior666 But I would not blame the People of the country..........have have to work against the goverment........right now India has more money than countries like Thiland or Vieatnam....with its massive 'GDP Growth' etc....but if you travel to Mumbai or Delhi and then to Bangkok you will find a massive difference.......the quetion is what does the Indian Goverment do with all the Billions the Private sector earns for them and tax payers give them.?????

[Abhishakin]

@jewishwarrior666 Right now India is growing because of its Private sector........but to keep growing at the rate it is growing.... government also has to be as efficient or esle it will all come to a stop..........

[Abhishakin]

@jewishwarrior666 East Asians and specially Indian culture is very similar......prob you dont know......maybe you need to read the history books........how ever east asians have been able to develop its culture..... and India culture has become more conservative........because of islamic influence........and I will not be suprised if India becomes a Muslim country in the next 30 years......sad but true

[PakistaniisPower]

India is overexgaggerated, I've been there, very poor and low IQ. HK has some of the best universities in Asia not India

[eleven451]

What do u think about Pakistani economy and IQ ?

[jjjjjjjjjjjjjjjjoker]

Lol... sorry I cann't stop laughing when a Paki call us poor and Low IQ people... this itself show his IQ..

@ Eleven451

India might be one of the fastest developing countries of the world but Pakistan is the biggest exporter of terrorism and terrorist.

they are biggest begging nation in the world... so shut ur mouth...

[eleven451]

I am an Indian .... my Question was to PakistaniPoower

[jjjjjjjjjjjjjjjjoker]

and My answer was sarcastic... ; )

[independence8]

@PakistaniisPower i think pakistan is not overexgaggerated....terrors bombs on a daily basis, smelly pakis, dumass basdered, negative IQ etc....this is the world'sview not mine....some of it is facts and not a view al at.

[warriorprince1010]

@PakistaniisPower India's best infrastructure is stiLl the British built railway system. Chinas best financial markets and universities are in British built Hong Kong. The British legacy still defines the world..

 Just think if only India and China had accepted democracy and free markets and a rule of law, education and healthcare for all, they would ALREADY be super powers.

[Abhishakin]

@warriorprince1010 mate India is much better than Pakistan!!!! actually even Bangladesh is better than Pakistan right now!!!!!! and

Chinas financial makets are not be best!!! lol well look at china's stock exchange ' not KH!. actually they are the worst! thats nothing to do with its Economy! I have No dought China's economy is better........

but India has many good things too......you need to give it credit for that.....

[warriorprince1010]

@Abhishakin India has better culture as they have never had communism, just corruption. Yes India is doing good, but their poverty is unbelievable.

[souro19]

@warriorprince1010

WHERE INDIA IS A 3RD GENERATION COUNTRY,NOT A USA,CHINA,RUSSIA LIKE 5TH GENERATION COUNTRY, TO CONTROL THE PROBLEM!

BUT MYSTERIOUSLY INDIA HAVE DONE EXTRAORDINARY WORK!

WHERE INDIA IS A 3RD GEN NOT 5TH GEN!

SO WHAT HAPPEN IN 5TH GEN OF INDIA!

CRUSHED THE CHINA,USA ECONOMY!

[warriorprince1010]

@souro19 No idea what you mean. When the UK left India with Ghandi in charge they were ready to be a super power. Sadly Ghandi was killed by Indian radicals and they set the country back years.

[souro19]

@warriorprince1010

GHANDI-JI 9 TIMES NOMINATED FOR NOBLE PRIZE,(IN CASE OF DEATH CANCELED)

HE IS NOT A JUNK MAN, YEA WHOLE WORLD KNOW HIM A SIGH OF PEACE!

WHO BORN FROM INDIA!

[warriorprince1010]

@souro19 Ghandi was British and British educated. Ghandi was left with a county ready to be a super power, the Hindus ruined the country and killed Ghandi.

[souro19]

@warriorprince1010

GHANDI WAS NOMINATED FOR NOBEL UP TO 9 TIMES!

[warriorprince1010]

@souro19 The British are very proud.

[souro19]

@warriorprince1010

NOW INDIA GOT SIT THE TOP 4TH POWERFUL COUNTRY,

AND FUCK AND KICK THE UK AND BRETAIN POSSITION!

ALL INDIAN REVENGE ARE NOW SUCCESS FULL!

NOW INDIAN STRATAGY AND WAR POWER MORE THAN UK AND BRETAIN!

[lablask]

@PakistaniisPower hahahahaha...ignorant porki!!!