China beats India in every way, finds report

[randomradio]

Lol. Indian PPP is a big joke already discussed in multiple posts... 9 years... In your dreams...

If he wants India to grow 2.5x in 9 years then it's going to have to grow at an average of 10.7% per year over those 9 years - i.e., not happening.

Of course, with Vedic mathematics anything is possible.

https://www.indexmundi.com/g/g.aspx?c=in&v=65
GDP PPP in 2008: $3297B
GDP PPP in 2017: $9447B

That's 9 years. GDP climbed 2.86 times.

 

[chengdusudise]

https://www.indexmundi.com/g/g.aspx?c=in&v=65
GDP PPP in 2008: $3297B
GDP PPP in 2017: $9447B

That's 9 years. GDP climbed 2.86 times.

sir,you cant purchase Rafael by your PPP, it is fake money.we chinese are disgusted with ppp.please do not bring this one to chinese forum although you can talk high in your forum.

 

[Sugarcane]

India should compare itself to Indonesia, Malaysia, Brazil, Sri Lanka, Bangladesh and Pakistan etc. China is in different league.

 

[AndrewJin]

India should compare itself to Indonesia, Malaysia, Brazil, Sri Lanka, Bangladesh and Pakistan etc. China is in different league.

i disagree with you.
India, should first reach Sub-sahara Africa level, then talk about these countries.

 

[randomradio]

sir,you cant purchase Rafael by your PPP, it is fake money.we chinese are disgusted with ppp.please do not bring this one to chinese forum although you can talk high in your forum.

Trade doesn't consider PPP since it happens in dollars. But what you count is CAD or CAS. Basically Export - Import.

https://economictimes.indiatimes.co...c-this-fiscal-report/articleshow/63366451.cms
India's current account deficit is expected to be around 1.7 per cent of GDP in this financial year, largely owing to higher oil prices, says a report.

PPP is not fake simply because people live through it every day of their lives. A dozen eggs is cheaper in China than in the US.

 

[Kai Liu]

https://www.indexmundi.com/g/g.aspx?c=in&v=65
GDP PPP in 2008: $3297B
GDP PPP in 2017: $9447B

That's 9 years. GDP climbed 2.86 times.

You don't know anything about economics... When your economy reach certain level, your growth rate will drop, this is what you see in all developed countries.

In addition, PPP is not legitimate for a country like india which has to import everything from abroad...
Can you claim your 1000 RUPEE can purchase as many things as 200 RMB here??? according to your "PPP" money... Lol... Be it cars? computers? housing? food? living necessities? Everything, you name it... Actually your 1000 Rupee can not even worth 100 rmb according to the exchange rate if you consider the prices in both countries...

 

[randomradio]

You don't know anything about economics... When your economy reach certain level, your growth rate will drop, this is what you see in all developed countries.

That happens when population growth reduces, like it's happening in China today.

India's turn will come sometime in 2040 or 2050.

In addition, PPP is not legitimate for a country like india which has to import everything from abroad...

Lol. CAD is only 1.7% of GDP.

Can you claim your 1000 RUPEE can purchase as many things as 200 RMB here??? according to your "PPP" money... Lol... Be it cars? computers? housing? food? living necessities? Everything, you name it... Actually your 1000 Rupee can not even worth 100 rmb according to the exchange rate if you consider the prices in both countries...

Yes. Why don't you use hard data then?

https://www.numbeo.com/cost-of-livi...&city2=Beijing&tracking=getDispatchComparison
You would need around 198,240.88Rs (19,015.25¥) in Beijing to maintain the same standard of life that you can have with 100,000.00Rs in Delhi (assuming you rent in both cities).

Consumer Prices in Beijing are 56.49% higher than in Delhi
Consumer Prices Including Rent in Beijing are 98.24% higher than in Delhi
Rent Prices in Beijing are 250.83% higher than in Delhi
Restaurant Prices in Beijing are 42.00% higher than in Delhi
Groceries Prices in Beijing are 50.44% higher than in Delhi
Local Purchasing Power in Beijing is 3.13% higher than in Delhi

 

[AndrewJin]

You don't know anything about economics... When your economy reach certain level, your growth rate will drop, this is what you see in all developed countries.

In addition, PPP is not legitimate for a country like india which has to import everything from abroad...
Can you claim your 1000 RUPEE can purchase as many things as 200 RMB here??? according to your "PPP" money... Lol... Be it cars? computers? housing? food? living necessities? Everything, you name it... Actually your 1000 Rupee can not even worth 100 rmb according to the exchange rate if you consider the prices in both countries...

indian really has a long way to go to reach the level of many Sub-Sahara African countries.....

They in many aspects still live in the primitive pre-history era.

 

[Kai Liu]

indian really has a long way to go to reach the level of many Sub-Sahara African countries.....

They in many aspects still live in the primitive pre-history era.

The problem is they don't even know it...

That happens when population growth reduces, like it's happening in China today.

India's turn will come sometime in 2040 or 2050.

You really think population is a thing... Your illiterate population is just a burden... BTW, your economic growth is nothing, when our GDP per capita was at your level, our growth rate is 12% or so... You are struggling to achieve 7% which is even slower than our growth number... despite your less than Sub-Sahara Africa per capita GDP... And if not for Modi's Vedic math, your real growth number is 3%..

Lol. CAD is only 1.7% of GDP.

Sorry, the credibility of words from a indian mouth is zero...

https://data.worldbank.org/indicator/NE.IMP.GNFS.ZS?end=2016&locations=IN&start=1960

Yes. Why don't you use hard data then?

https://www.numbeo.com/cost-of-livi...&city2=Beijing&tracking=getDispatchComparison
You would need around 198,240.88Rs (19,015.25¥) in Beijing to maintain the same standard of life that you can have with 100,000.00Rs in Delhi (assuming you rent in both cities).

Consumer Prices in Beijing are 56.49% higher than in Delhi
Consumer Prices Including Rent in Beijing are 98.24% higher than in Delhi
Rent Prices in Beijing are 250.83% higher than in Delhi
Restaurant Prices in Beijing are 42.00% higher than in Delhi
Groceries Prices in Beijing are 50.44% higher than in Delhi
Local Purchasing Power in Beijing is 3.13% higher than in Delhi

Compare Delhi with Beijing... Lol... Your capital Delhi can not even compare to our poorest village...
If you compare your price in the slums, your PPP will be even higher...

BTW, the site you provided, like always, is full of B.S...

 

[ZeEa5KPul]

The problem is they don't even know it...
Compare Delhi with Beijing... Lol... Your capital Delhi can not even compare to our poorest village...
If you compare your price in the slums, your PPP will be even higher...

Holy... how do these people live like this??? Just watching that nearly drove me crazy.

 

[Kai Liu]

Holy... how do these people live like this??? Just watching that nearly drove me crazy.

Really can't imagine this is from in a country's capital... I won't want to live in such a shithole even they give me a million dollars...

And for those delusional indians, this is their so-called "demographic dividend"...Lol...

 

[dani191]

You don't know anything about economics... When your economy reach certain level, your growth rate will drop, this is what you see in all developed countries.

In addition, PPP is not legitimate for a country like india which has to import everything from abroad...
Can you claim your 1000 RUPEE can purchase as many things as 200 RMB here??? according to your "PPP" money... Lol... Be it cars? computers? housing? food? living necessities? Everything, you name it... Actually your 1000 Rupee can not even worth 100 rmb according to the exchange rate if you consider the prices in both countries...

not in irland https://www.irishtimes.com/business...ter-than-any-other-european-country-1.3383307

 

[Kai Liu]

not in irland https://www.irishtimes.com/business...ter-than-any-other-european-country-1.3383307

Ireland is wierd: its growth rates fluctuate from positive to negative...

https://tradingeconomics.com/ireland/gdp-growth

 

[dani191]

Ireland is wierd: its growth rates fluctuate from positive to negative...
View attachment 478098
https://tradingeconomics.com/ireland/gdp-growth

im not sure how much is it true

 

[Nilgiri]

Lol. Indian PPP is a big joke already discussed in multiple posts... 9 years... In your dreams...

Huh? All I see is CPC'ers run away when they attempt any semi-serious discussion on it:

https://defence.pk/pdf/threads/india-and-china-a-gdp-comparison.455611/page-4#post-8812159

Read that whole thread if you want. I don't get what you mean by "Indian PPP"....are you implying the ICP matrix is controlled/set by India?... because that is a very easy bubble to pop.

If a country is more export-growth + forex + USD liquidity oriented, of course its nominal/PPP realisation will be higher. Thats why there is barely any difference between the two for the highest trade+investment (esp in USD terms)/capita countries. That is not anything to do regarding a joke....PPP is the measure used by human development index for a very important reason (it is actual physical realised consumption on one standardised reference).

If he wants India to grow 2.5x in 9 years then it's going to have to grow at an average of 10.7% per year over those 9 years - i.e., not happening.

Huh? That's not what I was saying at all. In PPP terms, India has accomplished an average of 8.5% per annum for last 5 years.

More or less its same rate that China was growing at same point in development.

From 2002 - 2007, China grew from 4.5 to 9 trillion USD in PPP terms.

From 2008 to 2016, India grew from around 4.3 to 8.7 trillion USD.

Ok 3 years more....but this matters massively in the argument given the timeframes of century of humiliation and colonization etc for these two civilisations?

sir,you cant purchase Rafael by your PPP, it is fake money.we chinese are disgusted with ppp.please do not bring this one to chinese forum although you can talk high in your forum.

The average household buys a rafale? LOL. Another clueless CPC'er.

Have you taken even one look at the ICP matrix? Do you even know what that is?

In addition, PPP is not legitimate for a country like india which has to import everything from abroad...

LOL. So how much percentage are imports of Indian GDP even in current terms? Actually tell me what the net current account is of GDP first.

Import everyyyttthingggg. lol...waste of time discussing. Tell me when the smart ones like @Genesis and @GS Zhou arrive to talk.