China produced 20 million automobiles in 2012. India produced 4 million, lower than South Korea or Germany.
Who laughs at whom? China is even higher than America.
India is the new fascist Italy. Always trying to live up to the hype because of their next-door neighbour, yet losing every war they get themselves into. :cheers:
It's clear you don't even have a basic understanding of macroeconomics. If China's real GDP grows at only 7% a year, she will have doubled her per capita income in a decade. Consider also that China has one of the lowest fertility rates of any country on the planet.
Yes, Chinese per capita GDP...