Indianpatriot1
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Chinese gross fixed investment as % of GDP : 40% in 2008. 49.9% in 2012 !
Indian gross fixed investment as % of GDP : 39.9 % in 2008, 29% in 2012
Shows that China is robbing its citizens to show growth, while in India, the fruits of growth are actually available to the people for consumption.
This again points to what many economists suspect - that there is no real growth in income of people, whose money is increasingly being appropriated to put up industrial overcapacity, empty roads and ghost cities so that China can keep riding the economic tiger while its people are squeezed more and more.
In India, on the other hand, more money is available for the citizens for their use.
Indian gross fixed investment as % of GDP : 39.9 % in 2008, 29% in 2012
Shows that China is robbing its citizens to show growth, while in India, the fruits of growth are actually available to the people for consumption.
This again points to what many economists suspect - that there is no real growth in income of people, whose money is increasingly being appropriated to put up industrial overcapacity, empty roads and ghost cities so that China can keep riding the economic tiger while its people are squeezed more and more.
In India, on the other hand, more money is available for the citizens for their use.