5 signs India won't become an economic power

[tony singh]

Lol....there are tones of erticles posted by western media...that india is still poor,india will not become superpower,economy slowing down or China will colapse,chinese economy slows,chinese export deeps...etc just to satisfy their ego....despite its problems Asia will keep on rising and west will keep falling...

If the west keeps on falling who will buy cheap Chinese goods? you need exports to grow

 

[Chinese-Dragon]

If the west keeps on falling who will buy cheap Chinese goods? you need exports to grow

This is why you guys keep failing. You never ever use any "actual facts", just invented ideas to make yourselves feel better.

Check this chart from The Economist. Net exports contributed ZERO to Chinese growth in 2011. And in the previous year they were actually a drag on growth.

The Economist - China: Pedalling prosperity

As you can clearly see, Investment makes up the lion's share of Chinese GDP, for the last few years at least. The rest is made up of Consumption.

 

[ajtr]

Lol....there are tones of erticles posted by western media...that india is still poor,india will not become superpower,economy slowing down or China will colapse,chinese economy slows,chinese export deeps...etc just to satisfy their ego....despite its problems Asia will keep on rising and west will keep falling...

west are more interested in openeing up of indian retail and insurance sector so far GOI has been forced by its partners not to commit on it hence this attack on MMS and GOI

 

[TopCat]

When a country's growth rate fluctuate more than 4-5% year to year basis which means everything is wrong in that economy. A stable developing country can not grow 9% in one year and 5% the next year. I dont see any bright future for Indian economy unless fundamentals of economy is made right and growth brings benefit to the 50% of the lower segment of the society not the internet coolies who answer white guys call and take 500 dollar/month home and think that India is supa powa.

 

[tony singh]

This is why you guys keep failing. You never ever use any "actual facts", just invented ideas to make yourselves feel better.

Check this chart from The Economist. Net exports contributed ZERO to Chinese growth in 2011. And in the previous year they were actually a drag on growth.

The Economist - China: Pedalling prosperity

This is what you call "making an argument based on facts".

Dude im not knocking your growth model but just saying that if the west grows less it does impact on imports does it not?


http://www.bbc.co.uk/news/business-19204617

China's export and import growth slowed for the second straight month in July, raising fears about the strength of the world's second-largest economy.

 

[IndoCarib]

One sign Pakchina's world revolves around India : this thread

 

[harpoon]

When a country's growth rate fluctuate more than 4-5% year to year basis which means everything is wrong in that economy. A stable developing country can not grow 9% in one year and 5% the next year. I dont see any bright future for Indian economy unless fundamentals of economy is made right and growth brings benefit to the 50% of the lower segment of the society not the internet coolies who answer white guys call and take 500 dollar/month home and think that India is supa powa.

Dude please..your economy revolves around making underwear for the whiteman.

 

[AViet]

When will Indian stop ranting the nonsense about their country superpower and see the fact straight?.

According to IMF data for 2011,

Nominal GDP of all 8 South Asian countries: 2.099 trillions US$ over population of ~ 1.6 billion, giving the per capita of 1307 US$

Nominal GDP of all African countries: 1.889 trillions US$ over population of 1.03 biliion, giving the per capita of 1832 US$

Nominal GDP of 10 ASEAN countries: 2.152 trillions US$ over population of 586 millions, giving the per capita of 3672 US$

Nominal GDP of Latin America: 5.66 trillions US$ over population of 580 millions, giving the per capita of 9758 US$

 

[Chinese-Dragon]

http://www.ft.com/cms/s/0/77c8fd0a-f255-11e1-bba3-00144feabdc0.html#axzz25o8wlHso


The packed showroom at the Jia Hong factory in the city of Dongguan in southern China features tubs of modelling clay and paint kits that the company has sold to western retailers for years but also newer toys developed for the Chinese market, which now accounts for 15 per cent of sales.

Nothing, however, prepared the company for the 30 per cent drop in demand this year from its main export markets in Europe, the US and Russia. The latest data, published at the weekend, highlighted the industrial slowdown across China, with the country’s manufacturing activity falling to a nine-month low in August.


China need the west to keep on buying cheap Chinese fake goods & toys

LOL, what does China have to do with this thread, you Indian?

Check out the post above yours, Africa has a bigger GDP than India with a smaller population.

 

[tony singh]

http://www.ft.com/cms/s/0/77c8fd0a-f255-11e1-bba3-00144feabdc0.html#axzz25o8wlHso


The packed showroom at the Jia Hong factory in the city of Dongguan in southern China features tubs of modelling clay and paint kits that the company has sold to western retailers for years but also newer toys developed for the Chinese market, which now accounts for 15 per cent of sales.

Nothing, however, prepared the company for the 30 per cent drop in demand this year from its main export markets in Europe, the US and Russia. The latest data, published at the weekend, highlighted the industrial slowdown across China, with the country’s manufacturing activity falling to a nine-month low in August.


China need the west to keep on buying cheap Chinese fake goods & toys

When a country's growth rate fluctuate more than 4-5% year to year basis which means everything is wrong in that economy. A stable developing country can not grow 9% in one year and 5% the next year. I dont see any bright future for Indian economy unless fundamentals of economy is made right and growth brings benefit to the 50% of the lower segment of the society not the internet coolies who answer white guys call and take 500 dollar/month home and think that India is supa powa.

Your country will be under the sea by 2040-2050 no need to comment to you guys ill sit back with some

 

[holysaturn]

like it or not india is the third largest PPP economy, so its a major economy and it will go only uphill from here.............. countries can test a single nuclear device and can claim that they are "protectors of the muslim world" and a country with the third PPP economy cant claim itself to be an economic superpower sheeeeeesh ,it has the hungriest population on earth and also has the third highest purchasing power.......

 

[tony singh]

double post

 

[harpoon]

LOL, what does China have to do with this thread, you Indian?

The you and your compatriots should have refrained from commenting in this thread in the first place.

Check out the post above yours, Africa has a bigger GDP than India with a smaller population.

So you want to compare an entire continent rich in all natural resources known to man to nation with no oil to speak of.

When will Indian stop ranting the nonsense about their country superpower and see the fact straight?.

According to IMF data for 2011,

Nominal GDP of all 8 South Asian countries: 2.099 trillions US$ over population of ~ 1.6 billion, giving the per capita of 1307 US$

Nominal GDP of all African countries: 1.889 trillions US$ over population of 1.03 biliion, giving the per capita of 1832 US$

Nominal GDP of 10 ASEAN countries: 2.152 trillions US$ over population of 586 millions, giving the per capita of 3672 US$

Nominal GDP of Latin America: 5.66 trillions US$ over population of 580 millions, giving the per capita of 9758 US$

What you are trying to prove by comparing one set of countries to another set of countries.

 

[tony singh]

LOL, what does China have to do with this thread, you Indian?

Check out the post above yours, Africa has a bigger GDP than India with a smaller population.

Just stating the obvious that you need the west to keep on buying your fake crap

 

[MilSpec]

When a country's growth rate fluctuate more than 4-5% year to year basis which means everything is wrong in that economy. A stable developing country can not grow 9% in one year and 5% the next year. I dont see any bright future for Indian economy unless fundamentals of economy is made right and growth brings benefit to the 50% of the lower segment of the society not the internet coolies who answer white guys call and take 500 dollar/month home and think that India is supa powa.

Reforms are preceded with bottlenecks. Unprecedented scale of huge investments are being made in the infrastructure which will reap rewards in coming future. True service sector has brought quick money to the urban middle class, the next fledgling generation in the wings, will have the potential to innovate and develop on scale that was previously unimaginable. My belief is it can only get better, there is no other option.

We are a young nation, with tremendous aspirations fueled by the imagination of millions. only for a very short span, these aspirations can be marred by tyrannical policies, in the long run there will be restructuring of the economy. We need a system that will bolster the infrastructural development to crate social balance, and with the same fervor will provide limitless opportunities to innovators in technology. We will need an economy that would re invest heavily in primary and secondary education.

@iajdani; Iam a very patriotic Indian, and i can say this for most of the educated Indians, We do not want to see India as a superpower, What we want is a country where there is no starvation, no social injustice,a country with good roads and every house with electricity and potable water, a country where every Indian has the equal opportunity to education and healthcare. we can leave playing super power to others. We are not trying to sell our model of political governance to anyone.