China's GDP expands 7% in Q2

[rcrmj]

Not really
India's Economy Today: Much Like China's in 2001 - WSJ
Which corresponds well with the fact that China liberalized 14 years before India. But Indians have more challenges of creating growth in a post-Lehmann world

giving you 20 more years you wouldnt be at the point we are today```an artificial country with incoherent policy and barbaric culture wont make you anywhere

I'd like to see some secondary data like freight volumes and container volumes before i trust this 7%

there is no data about China can convenience deluded and inferior complex Indian```` so as we never trust the so called 2 trillion Indian GDP, 1 trillion to be most really

 

[Chinese-Dragon]

I'd like to see some secondary data like freight volumes and container volumes before i trust this 7%

IMF to examine India’s ‘puzzling’ growth data | The Financial Express

IMF is a Chinese conspiracy.

 

[AugenBlick]

an artificial country

And what is a real country.....syria? Yemen?

there is no data about China can convenience deluded and inferior complex Indian```` so as we never trust the so called 2 trillion Indian GDP, 1 trillion to be most really

No body takes your figures blindly.

 

[21 Dec 2012]

The difference is that China was growing at crazy rates in the past decade or so, for example we reached a real growth rate of 14.2% in 2007.

How are you going to replicate that in a "post-Lehmann world" as you said? A global credit bubble isn't going to happen like that again any time soon, and most of the manufacturing is passing on to SE Asia. It will be a long time before those kinds of conditions come about again.

So you are 14 years behind only if you match our average growth rate in the past 14 years. But that seems incredibly unlikely (barring some kind of global economic miracle), so it's a lot more than 14 years.

Did you say anything thats contradictory to what I said. I already stated India will not get the kind of FDI China got during its seed phase. There are other socio-political disadvantages too. I'm just trying to put things in their proper perspective. Saying that China is 'light years ahead' of India is a massive leap in ignorance.

P.S I'm not Indian. No need to 'you' me.

 

[AugenBlick]

IMF to examine India’s ‘puzzling’ growth data | The Financial Express

IMF is a Chinese conspiracy.

So?
As i said our GDP calculation method is open for everyone to see ... if the chinese or any investors have doubts they can drop by Delhi and have a look themselves ... 100% transparent.
Infact here you can get all the data and check for yourself : data.gov.in
Also we had IMF's help in calculating the market cost too
New GDP data: IMF comes to India's aid - Rediff.com Business

"In response to a longstanding request from the CSO and Ministry of Finance, a team from the IMF's Statistics Department visited New Delhi during April 22 to May 5," an IMF spokesperson Gerry Rice said.

The team reviewed the methodology of the new GDP estimates and provided guidance on back-casting the series so that a longer revised series is made available to users.

The Central Statistical Office (CSO) of India released revised estimates of GDP in January 2015. The estimates are compiled according to the guidelines of the 2008 System of National Accounts and the base year was updated to 2011-12 from 2004-05.

Moreover, the GDP estimates incorporate new source data and modified compilation techniques.
“The team's visit was part of the IMF's regular programme of providing technical assistance to member countries for capacity building. Reports about the team auditing India's newly adopted GDP methodology were incorrect," Rice said.

 

[Chinese-Dragon]

Yeah their stock market just lost trillions, i find this hard to believe

Isn't that telling? Our stock markets recently lost almost double the entire Indian GDP, but our stock markets are still 80% up over last year.

And it's not China's growth figures that are currently being questioned by the IMF, it is India's "new" figures. Basically Modi getting out a pen and changing sub 6% growth to almost 8%, with all other economic indicators remaining the same.

See how much higher our industrial growth is than India's, with a MUCH larger base. Yet India's industrial growth is shrinking, and all the other indicators remain the same as before, but with a stroke of the pen the GDP growth is suddenly amazing.

 

[TaiShang]

I'd like to see some secondary data like freight volumes and container volumes before i trust this 7%

Mistrust is mutual. We do not even believe in India's being a superpower in 2012.

 

[Chinese-Dragon]

Yeah its telling how gullible ordinary CHinese are that they believe the bullshit propaganda figures thrown out of their dictator govt's a$$

By dictator do you mean Modi the mass murderer?

 

[cirr]

Yeah their stock market just lost trillions, i find this hard to believe

Our stock market is still up a lot more than your stock market。

Since the stock market matters so much for your economy，are you suggesting that Indian GDP has contracted in 2015 since your stock market is down so far this year？

 

[TaiShang]

Yeah its telling how gullible ordinary CHinese are that they believe the bullshit propaganda figures thrown out of their dictator govt's a$$

Your Modi has to dupe you to ensure next elections. I wonder what sort of magical number he will pull of this time. I think as long as it pleases the gullible, you will not care where exactly those figures come from.

 

[AugenBlick]

Yeah their stock market just lost trillions, i find this hard to believe

That is not connected to growth anymore due to the Chinese shadow banking and massive number of retail investors ...it's all up in the air now.

By dictator do you mean Modi the mass murderer?

I knew couples in love become like each other now ive seen it.

 

[TaiShang]

Try harder troll.

Try much harder troll.

That is not connected to growth anymore due to the Chinese shadow banking and massive number of retail investors ...it's all up in the air now.

Like India's http://www.ft.com/cms/s/0/4708ae2c-ff8b-11e4-8c46-00144feabdc0.html#axzz3fwMXjTZ7 ?

 

[AugenBlick]

Like India's http://www.ft.com/cms/s/0/4708ae2c-ff8b-11e4-8c46-00144feabdc0.html#axzz3fwMXjTZ7 ?

Hahaha In india it's liited to a few isolated companies ... in China it's even connected to the provincial govt..... Hell people are using their homes as collataral to put money on the market.

 

[cirr]

And what is a real country.....syria? Yemen?

No body takes your figures blindly.

China is becoming more energy efficient and less energy intensive。It is producing more and more high-tech and high value added products that consume less raw energy while producing less coal、steel、cement and other highly polluting materials that happen to mean high freigh volumes。

What India is producing to make others believe that its economy is growing at rates India claims？What are freight volumes and container volumes for India？Don't tell me that the figures are so insignificant that they are not worth a mention？The last time I checked，China still occupies 6 or 7 positions in global top 10 container ports，more so bulk-cargo shipments。India is NOWHERE to be seen in the list of world's major ports。

 

[Chinese-Dragon]

dont waste your time arguing with these chini zombies, most of them are paid 50 cents to peddle their govts bullshit, or probably have a gun to their head.

You Indians are trolling in a thread about China's GDP, and suddenly we're at fault?