BD exceeds Singapore, HK in GDP

[Michael Corleone]

Do you have evidence? guess? lol

Chinese cities cannot develop? Just as China’s development will weaken the US, this is normal.

On the contrary, if there is no support from China,Hong Kong will be more fading

China’s development doesn’t weaken the US if that was the case US wouldn’t push for trade with China in the 60s

Lmao so claiming on freedom is development lmao

Hong kong people are ethnic Chinese, are Brits ethnically Bengals? You forgot that British were colonists and China is Hong kong's motherland, China never colonized Hong kong cause Hong kong is always China's, British were the colonists.

Just because a foreign power took Hong kong away from China when China was weak and vulnerable doesn't make Hong kong a foreign land to China, China has every right to take back what rightfully belongs to China, if those old foreign powers are not happy, they can try to take Hong kong by force again and see how they'll get.

They don’t associate as being Chinese, same wth Taiwan
Indians Pakistanis and bengalis are all desis but don’t associate with each other
Hong Kong isn’t a foreign land to China but its people are no less foreign... they want to live in a free democratic society whereas the Chinese people don’t

 

[moweike]

China’s development doesn’t weaken the US if that was the case US wouldn’t push for trade with China in the 60s

Lmao so claiming on freedom is development lmao


They don’t associate as being Chinese, same wth Taiwan
Indians Pakistanis and bengalis are all desis but don’t associate with each other
Hong Kong isn’t a foreign land to China but its people are no less foreign... they want to live in a free democratic society whereas the Chinese people don’t

Your logic is very goodSo the US should build border walls earlier. I don't have time to discuss this, I just want to prove that China's development will break the monopoly. OK？

 

[Bilal9]

Bangladesh GDP per capita (PPP) = $3,900
Singapore GDP per capita (PPP) = $90,000 (23x Bangladesh)

Bangladesh population = 165 million (30x Singapore)
Singapore population = 5.5 million

So Bangladesh has 30x the population of Singapore but Singapore has 23x the GDP per capita (PPP) of Bangladesh. I would not call this good news for Bangladesh.

Your post reminds me of the term "Captain Obvious". What is new?

The Business Chambers of Singapore are making trips to Dhaka every quarter to set up shop and invest here. Bangladesh started from the bottom stage currently and has nowhere to go but up, averaging 7% plus growth every year. Singapore has saturated space and it has reached maturity already. Make your assumptions...

Singapore is well-managed, but you can only do so much with a small city state, and more nimble economic competitors are emerging...

 

[Michael Corleone]

Your logic is very goodSo the US should build border walls earlier. I don't have time to discuss this, I just want to prove that China's development will break the monopoly. OK？

That’s not my logic that’s yours. China trumped US at its own game. That’s all. US’s stupid decisions and continuous war over decades sank them. I don’t have time to debate with a pretentious person either

 

[moweike]

That’s not my logic that’s yours. China trumped US at its own game. That’s all. US’s stupid decisions and continuous war over decades sank them. I don’t have time to debate with a pretentious person either

so what? Can I cross the time to kill Columbus? This way the US will not appear.
When the West invests in China, They won't get a return? They just hope that China will always be their cheap factory.

The funny thing is that a Bangladeshi has a Western way of thinking. Bangladesh is also a developing country,also going through the process of China, according to your logic, the West should not invest in Bangladesh.

That’s not my logic that’s yours. China trumped US at its own game. That’s all. US’s stupid decisions and continuous war over decades sank them. I don’t have time to debate with a pretentious person either

The West is exploiting sweatshops in Bangladesh.But you sympathize with the West, He was weakened by China? The best joke today

 

[haidian]

They don’t associate as being Chinese, same wth Taiwan
Indians Pakistanis and bengalis are all desis but don’t associate with each other
Hong Kong isn’t a foreign land to China but its people are no less foreign... they want to live in a free democratic society whereas the Chinese people don’t

Did British ask if people in Hong kong wanted to be a colony when they colonized it? Did British ever give people in Hong kong any kind of freedom and election? Election was made into law after 1997, before that governers were always appointed by the British monachy. Hong kong is always China's, so whatever China does is our domestic issue, just like what the govenrment wants to do in Beijing, Shanghai, Shenzhen...

 

[Smarana Mitra]

Bangladesh is currently the 13th largest economy in the Asia-Pacific region. The country has meanwhile exceeded Singapore and Hong Kong (HK) in terms of gross domestic product (GDP).
Asian Development Bank (ADB) has calculated that products and services of 70, 416 crore dollars were created in Bangladesh during 2018. The report of ADB shows that in light of public private partnership (PPP) China has the largest economy in Asia. China's GDP is equal to 25 lakh 36 thousand 173 crore dollars. India has the second largest economy in Asia whose GDP size is 10 lakh 47 thousand 433 crore dollars.
Economists are of the opinion that Bangladesh's GDP growth will convey a positive message about the country in the global arena. It is a reflection of the fact that Bangladesh is making fast progress with bright investment prospects. Bangladesh's per capita income has mounted to 1900 dollars.
Finance Minister AHM Mustafa Kamal recently informed that Bangladesh's GDP growth is highest in the world according to the current price method. ADB report further states that Bangladesh has been able to eradicate poverty remarkably during last twelve years. Bangladesh has made immense progress with the education and health sectors too. Child mortality rate has dropped in Bangladesh which is a good sign according to ADB.

https://dailyasianage.com/news/195303/bd-exceeds-singapore--hk-in-gdp

Comparing Bangladesh to a single city like Hong Kong or Singapore is really a shame. Moreover, comparison of PPP values is absurd. Bangladesh is a full fledged state with majority being rural whereas Singapore or Hong Kong is just a city which is 100% urban. PPP comparison of rural and urban areas doesn't look right. It must be compared in nominal only.

 

[Michael Corleone]

Did British ask if people in Hong kong wanted to be a colony when they colonized it? Did British ever give people in Hong kong any kind of freedom and election? Election was made into law after 1997, before that governers were always appointed by the British monachy. Hong kong is always China's, so whatever China does is our domestic issue, just like what the govenrment wants to do in Beijing, Shanghai, Shenzhen...

I understand, but oppression is never the solution... remember that... trying to enforce restricted internet, freedom of press etc will only backfire.

so what? Can I cross the time to kill Columbus? This way the US will not appear.
When the West invests in China, They won't get a return? They just hope that China will always be their cheap factory.

The funny thing is that a Bangladeshi has a Western way of thinking. Bangladesh is also a developing country,also going through the process of China, according to your logic, the West should not invest in Bangladesh.



The West is exploiting sweatshops in Bangladesh.But you sympathize with the West, He was weakened by China? The best joke today

You misunderstood me... I didn’t certainly said what you believe me to be saying...

China was once their sweatshop... still is at some scale... we are the new sweatshop in the neighborhood... once China is out maybe we will take over the hood and boost our economy like China did? Not at the same scale of course.

 

[haidian]

I understand, but oppression is never the solution... remember that... trying to enforce restricted internet, freedom of press etc will only backfire.


You misunderstood me... I didn’t certainly said what you believe me to be saying...

Internet now is more and more like real life, has to be controlled, in real life you have police doing the same job, remember, all countries will follow in the future. you will see.

 

[Battle of Waterloo]

Did British ask if people in Hong kong wanted to be a colony when they colonized it? Did British ever give people in Hong kong any kind of freedom and election? Election was made into law after 1997, before that governers were always appointed by the British monachy. Hong kong is always China's, so whatever China does is our domestic issue, just like what the govenrment wants to do in Beijing, Shanghai, Shenzhen...

Hong Kong Island was ceded to the British permanently after the Opium War, there was no time limit/lease.

 

[haidian]

Hong Kong Island was ceded to the British permanently after the Opium War, there was no time limit/lease.

Come and take it, China was being nice to you so she waited that long, China could've taken it back in 1949.

 

[Battle of Waterloo]

Come and take it, China was being nice to you so she waited that long, China could've taken it back in 1949.

No need for the UK to "take it", I just wanted to clarify the legal position of the territories and make sure you didn't mislead anyone about it.

 

[bluesky]

Singapore per capita GDP is about $56,000 and Hongkong's about $46,000. How about the per capita GDP of Golden Bangladesh? The way people are comparing the waterlogged garbage land BD with Singapore I thought for just a split second that BD's per capita has already surpassed the $56,000 line already.

I wonder how many decades BD will to take to go up to even $5,600 if it is possible someday? People should not compare a Tal with a Til (তাল আর তিল).

 

[Black_cats]

Singapore per capita GDP is about $56,000 and Hongkong's about $46,000. How about the per capita GDP of Golden Bangladesh? The way people are comparing the waterlogged garbage land BD with Singapore I thought for just a split second that BD's per capita has already surpassed the $56,000 line already.

I wonder how many decades BD will to take to go up to even $5,600 if it is possible someday? People should not compare a Tal with a Til (তাল আর তিল).

By 2030 it will be 6000 usd nominal per capita gdp and expected to be around 16000 usd by 2041. In terms of PPP it is already around 5000 usd gdp per capita.

 

[bluesky]

By 2030 it will be 6000 usd nominal per capita gdp and expected to be around 16000 usd by 2041. In terms of PPP it is already around 5000 usd gdp per capita.

Do not project far away in 2030. It is too uncertain. The growth may stop before that. Please take examples of many other countries that showed promise that could not be materialized. Take also the example of China, its GDP per capita is still below $9000 after so many decades of real growth in manufacturing and others.

But, it was building jet planes when its GDP was a mere $3,700 per capita in 2008, eleven years before 2019. How about BD in 2019, eleven years before 2030? It still cannot build even pump machines for irrigation or farm machines/tools. There is almost no existence of companies that produce mechanical products like nails or needles.

Today, all the foreign loans/credits are added to the GDP figures that show a superficial higher growths on paper. However, a day is coming when these credits must be repaid along with interest. So, will this value not be deducted from the future GDP growths?

However, a turning point may come by when large amounts of FDIs get into the economy. It will cause the real growth of the economy with things being manufactured inside the country creating new wealth and giving productive employment to the population.

No one can really foresee or forecast the future. But, so far BD has not moved in the right direction. The govt takes away the money from the savings of Post Offices and Banks as a loan instead of making it available to the local private investors. This creates an upward trend of Bank interest rates. Private companies are then unable or reluctant to borrow. The govt borrowing has a dumping effect on the economy. So, which new sectors will add to the growth of GDP unless there are manufacturing plants?

Anyway, this is what I think about the BD economy. Many men many minds. But, please evaluate what I said above in short.