ChineseTiger1986
ELITE MEMBER
- Joined
- Jan 27, 2010
- Messages
- 23,530
- Reaction score
- 12
- Country
- Location
Who is counting PPP ??
India GDP (PPP) is close to 5 Trillion $. I don't consider PPP only nominal and that's why said 1.7 trillion and not near 5 trillion $.
China GDP is comparable to US ?? Really. Their defence budget is 1 trillion $ per annum. In last 10 years, They spent around 7 trillion $ which is more than whole China GDP. China GDP is not even comparable with Japan, U.S., France, Germany, Canada, U.K., Australia, Italy. China is developing country and not developed country.
A Western analyst said that China already exceeded US by PPP in 2010.
How big is China's economy? | The Japan Times Online