RockyX
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Not 50% but 100 or 200 million.
It is 50% and I agree Per capita is 10k. If you have any other data, Kindly prove it.
http://en.wikipedia.org/wiki/China_proper
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Not 50% but 100 or 200 million.
Quite opposite. Inner Mongolians are 3 times richer than their cousins in the other side of the border.
---------- Post added at 06:53 PM ---------- Previous post was at 06:52 PM ----------
Not 50% but 100 or 200 million.
Quite opposite. Inner Mongolians are 3 times richer than their cousins in the other side of the border.
It is 50% and I agree Per capita is 10k. If you have any other data, Kindly prove it.
China proper - Wikipedia, the free encyclopedia
Anyway, China's nominal GDP is going to be around 7.5 trillion USD by this year, and soon becoming over 10 trillion USD by 2013.
And India still has a long way to go in order to compare itself with China.
So In 2012 China's GDP will be 7.5 trillion. I highly doubt that claim. Even if that is the case do you think China will grow at 33.33 % to hit 10 trillion in 2012 ? Please write something sensible and believable.
Coming back to the topic, this is actually true. With the kind of resources the Chinese have at their disposal, they can do way more kung fu in South Asia than what India can do in the Chinese neighbourhood. Presently lets say India is 10 years behind China, but that is not telling the whole story. With the world looming towards a recession, having the current resource China has is something like an opportunity that comes every 1000 years. Lets not forget, USA became USA because after WW2 everyone was in a bad position, and they were the ones with money.
As we all know, the person with money during bad times is worth infinitely more than a person with money during good times. 10 years from now, South Asia will be transformed completely, so will be most of Africa and other parts of the world which have not developed yet. So even if India gets to a position similar to China in 10 years, by then China will have reaped all the benefits. Im just stating the truth here, correct me if i am wrong.
So In 2012 China's GDP will be 7.5 trillion. I highly doubt that claim. Even if that is the case do you think China will grow at 33.33 % to hit 10 trillion in 2012 ? Please write something sensible and believable.
Coming back to the topic, this is actually true. With the kind of resources the Chinese have at their disposal, they can do way more kung fu in South Asia than what India can do in the Chinese neighbourhood. Presently lets say India is 10 years behind China, but that is not telling the whole story. With the world looming towards a recession, having the current resource China has is something like an opportunity that comes every 1000 years. Lets not forget, USA became USA because after WW2 everyone was in a bad position, and they were the ones with money.
As we all know, the person with money during bad times is worth infinitely more than a person with money during good times. 10 years from now, South Asia will be transformed completely, so will be most of Africa and other parts of the world which have not developed yet. So even if India gets to a position similar to China in 10 years, by then China will have reaped all the benefits. Im just stating the truth here, correct me if i am wrong.
---------- Post added at 01:20 AM ---------- Previous post was at 01:18 AM ----------
Bro nominal GDP growth includes inflation as well. There fore i would say at best $8.5-8.7 trillion is achievable if they post something like a 10% growth and inflation is around 6-7%.
You know what, China cannot survive the current growth rate if not for the exports and if everyone is in bad shape to who will China export ? So your theory is a bit misplaced given that domestic consumption was what made America what it is and for China that consumption is still from America and Europe.
You know what, China cannot survive the current growth rate if not for the exports and if everyone is in bad shape to who will China export ? So your theory is a bit misplaced given that domestic consumption was what made America what it is and for China that consumption is still from America and Europe.
The real economic growth rate is a "constant dollar" and is therefore a more accurate look at the rate of economic growth because it is not distorted by the effects of extreme inflation or deflation.
Read more: Real Economic Growth Rate Definition
China is considered to be a Great power.
India is not a great power.
India is only a Regional power.