2011 China Government Revenue Up 24.8% to $1.65 trillion

[Kyusuibu Honbu]

The Ministry of Finance has said government revenue will surpass 12 trillion Yuan($ 1.90 trillion,more than India GDP).
So Military expenditure is only 5% of total goverment expenditure in 2012, compare to 15%(US) and 18% (India).

incorrect

India’s Defence Budget 2012-13

Share of Defence Budget in Central Government Expenditure (%) 2011-12 : 13.07%
Share of Defence Budget in Central Government Expenditure (%)2012-13: 12.97

 

[Audio]

yea and pigs fly

europe is finished.
european economies are shrinking, unemployment growing, austerity cuts, defence cuts, tax revenues falling, manufacturing shrinking, debt crisis and failing businesses.

europe is failing.
europe is fast becoming irrelevant in this world.

You obviously have no idea what you are talking about. You might want to take your head out of the sand for a while and look around past Xinhua brainwashing.
Additionally, Chinese GDP fell because of sluggish EU and USA and if we both hit the dirt i dont believe China will stand like it does now. I still see its fragile middle sector being too fragile and with too little buying power.

Uh and, pigs will fly when you will reach middle class like i have. Good luck with that genetics.

edit: i just remembered-last week an increase on the bailout package was accepted totaling over 1 trillion dollars to take care of the poor southerners with the IMF expected to chip in with 500 bil.$.
Thats 1.5 trillion $ ready. All i see is people coming together to be stronger, nothing else.

edit #2: also Europe is written with a capital "E". Just thought i'd point that out since your basic education seems to be so sub standard.

 

[rcrmj]

You obviously have no idea what you are talking about. You might want to take your head out of the sand for a while and look around past Xinhua brainwashing.
Additionally, Chinese GDP fell because of sluggish EU and USA and if we both hit the dirt i dont believe China will stand like it does now. I still see its fragile middle sector being too fragile and with too little buying power.

Uh and, pigs will fly when you will reach middle class like i have. Good luck with that genetics.

edit: i just remembered-last week an increase on the bailout package was accepted totaling over 1 trillion dollars to take care of the poor southerners with the IMF expected to chip in with 500 bil.$.
Thats 1.5 trillion $ ready. All i see is people coming together to be stronger, nothing else.

edit #2: also Europe is written with a capital "E". Just thought i'd point that out since your basic education seems to be so sub standard.

I spent a decade in Europ and travelling there 4 times for business trips every year now, and I know it very wll how Europ is doing, and the only major country I think its still on good track is Germany...so unless you are from Germany, then you got nothing to brag off

 

[kewell333]

incorrect

India’s Defence Budget 2012-13

Share of Defence Budget in Central Government Expenditure (%) 2011-12 : 13.07%
Share of Defence Budget in Central Government Expenditure (%)2012-13: 12.97

No, India Government Revenue is $180 billion(9 trillion rupees ) in fiscal 2011-2012 , and will be $190~200 billion in fiscal 2012-2013
http://banking.contify.com/story/government-of-india-aims-rs-9-trillion-revenue-collection-in-fiscal-2011-12-2011-04-15




And India military expenditure will be 38.6 billion U.S. dollars (1.93 trillion rupees ) in fiscal 2012-2013.

So it will be 38.6/(190~200) = 19%~20%.

 

[Audio]

I spent a decade in Europ and travelling there 4 times for business trips every year now, and I know it very wll how Europ is doing, and the only major country I think its still on good track is Germany...so unless you are from Germany, then you got nothing to brag off

Yes, things aren't perfect but they are getting better.

PRAISE heaven for a boring European summit. “This is my first summit without talk of default, break-up or catastrophe,” said Enda Kenny, Ireland’s taoiseach (prime minister). “We had a normal, constructive discussion.” The French president, Nicolas Sarkozy, went even further: “We are not out of the economic crisis, but we are turning the page on the financial crisis.”

Article continued at the Economist

 

[Bobby]

No, India Government Revenue is $180 billion(9 trillion rupees ) in fiscal 2011-2012 , and will be $190~200 billion in fiscal 2012-2013
Government of India aims Rs 9 trillion revenue collection in fiscal 2011-12




And India military expenditure will be 38.6 billion U.S. dollars (1.93 trillion rupees ) in fiscal 2012-2013.

So it will be 38.6/(190~200) = 19%~20%.

Misleading data...

you are taking about direct tax not GDP....

 

[kewell333]

Misleading data...

you are taking about direct tax not GDP....

No one talk about GDP.
What I said is Government Revenue. India government revenue is only 180 billion in 2011, it is the fact.