Gravitas: China is now the richest country in the world, but won't stay so for long, wealth leaving China for India

[-=virus=-]

Generally speaking, the Chinese government is more restrictive than other big economies in regard to foreign investment, with numerous sectors closed to FDI. State companies and "national flagships" are protected. Large foreign corporates are begging China to open up for FDI. Nation wise China's main investors are Asia pacific nations not western ones. China isn't begging for FDI.


Indians live in their own bubble and stack themselves up in an unabashed manner against every successful group?
Have you ever been with Chinese community to know if Indians are as hardworking as Chinese ?
Mostly high IQ nations are hardworking.
Here's what even Dalai Lama says,

Indians lazier than Chinese, but India most stable: Dalai Lama

Dalai Lama drew a light comparison between the people of India and China at an interactive programme organised by the Indian Chamber of Commerce here.

economictimes.indiatimes.com

(he clearly found Indians as significantly lazy group to even mention that)

Indians can barely manage roads or garbage and the people complain all the time,they run their mouth way more than action,that's not the trait of hard working nation.No nation as hardworking as China will be undeveloped and behind as India. The leaders in gov are very representative of the quality and mental aptitude of civilians,someone like xi who speaks by actions rather than big words and dramatic oration will never be a PM of India,likewise, someone like Modi will never be seen able enough to be the leader of China. With India's culture and IQ you can't expect a leader of Chiang Kai sek,Lee Chun hee,lee kwan yew,deng xiao ping caliber,you get a tesla from only a tesla giga factory not a Maruti factory.


India also had a vision,even that 2020 superpower,other than their 5 years plans;India just incompetent. India tried everything even semiconductor manufacturing before Taiwan,Korea or China.
You actually tell yourself dissent isn't crushed when it doesn't favor the gov in India?
What about the farmer's protest? what about NRC implementation?and many more such cases?

India has a worse history of crushing dissent,that's how India exist today as an entity.

China isn't burdened by political infighting? that shows your ignorance. Just because China doesn't make scene on tv doesn't mean they don't have political infighting,you know how much Chinese politicians have to undergo hustle to pass any laws by persuading hundreds of cadres ? many of the members are competing for positions by keeping their life and career on the line,the stakes are completely different,one mistake and your career is over unlike in India. China may have some advantages but it's not as simple as you think,like a cpc leader decides something and everything gets done,it doesn't work like that.

I've been there and seen China. They do have a leg-up on us. Also, governance in China vs governance in India is too big a topic to broach here so of course I painted with a wide brush and garnished with a sprinkling of generalities.

Some of your commentary, though, strongly suggests that it is stems from your political bias, you're obviously not a fan of the ruling dispensation and their ideas.

 

[Beast]

lol

but not just India, and this might be controversial but there may be a racial component to it. India, Pak, BD.. our people have clearly not done nearly as well as some of the easterners like the Chinese, Koreans and Japs etc have.

and not to say this from any sort of ultra-nationalist viewpoint, but it'd be quite foolish to write off and be bearish on India.

China was virtually all peasants and dirt poor few decades ago, as was the UAE

your leadership steered the country in the right direction, arabs discovered oil lol

and yes, they/we are an industrious people

how else could you explain this:

View attachment 794019

hows about you keep trollin' and we keep rollin' ?

Explain what? North Korean can build better one. And you are not even North Korea standard...

Not to mention try compare to China.
Can you build this alone with your own effort?

 

[CatSultan]

Gravitas: China is now the richest country in the world, but won't stay long, wealth leaving China for India

China has surpassed the US to become the richest nation in the world. But can China stay rich? The Communist Party's crackdown on the rich has scared investors. They are now turning to India. Palki Sharma tells you how global investors are now putting more money in India.

WION is better than any comedy show.

 

[Maira La]

Indians are just as hardworking and industrious a people as the Chinese, just that we haven't had good leadership and governance

With your average IQ level you can work as hard as you want, you will never reach China. Even your gdp/capita gap with little BD will continue to grow.

 

[faithfulguy]

With your average IQ level you can work as hard as you want, you will never reach China. Even your gdp/capita gap with little BD will continue to grow.

The problem with India is that their best and brightest are in the US, EU or any other foreign countries. India is a place where you want to leave as soon as you can, except for those in the top .1 percent.

 

[Globenim]

Gravitas: China is now the richest country in the world, but won't stay long, wealth leaving China for India

China has surpassed the US to become the richest nation in the world. But can China stay rich? The Communist Party's crackdown on the rich has scared investors. They are now turning to India. Palki Sharma tells you how global investors are now putting more money in India.

"How can Chinese billionaires stay immune."

lol was the script writer trained in Britain or America per chance?


"in China they [business deals] grew by 47% percent"
"Investors see a large chunk of the difference is comming to India"
"it [China] should brace for more losses"

This is hurting my brain. Their statistics say that investment into China is growing in numbers and volume. What losses? What difference is moving to India? Chinas growth is excessively positive. Based on their own numbers.
Never mind selling the fact that investors did stay with China and left India during 2020 as a win for India because India failing hard in 2020 during the Covid crisis means it had to recover more.

 

[Stranagor]

I've been there and seen China. They do have a leg-up on us. Also, governance in China vs governance in India is too big a topic to broach here so of course I painted with a wide brush and garnished with a sprinkling of generalities.

Some of your commentary, though, strongly suggests that it is stems from your political bias, you're obviously not a fan of the ruling dispensation and their ideas.

India probably took this manufacturing-skipping services-based growth too seriously. Even your Incredible India futuristic short movie had service industries all over as a dream.

Basically, you want good and efficient governance and social system, but you hate revolutions.

You want sustainable development, you hate manufacturing.

India just seems to be wanting to do nothing and have everything.

 

[beijingwalker]

Gravitas LIVE | China is fuelling global inflation | Beijing is hoarding 50% of global food supplies

 

[ziaulislam]

Gravitas: China is now the richest country in the world, but won't stay so for long, wealth leaving China for India

China has surpassed the US to become the richest nation in the world. But can China stay rich? The Communist Party's crackdown on the rich has scared investors. They are now turning to India. Palki Sharma tells you how global investors are now putting more money in India.

Foreign funds are moving to china for equity purchases(e.g alibaba lost 400b$ in price)

This may benefit indians start ups and may benefit some people in stock market

 

[GumNaam]

Gravitas: China is now the richest country in the world, but won't stay so for long, wealth leaving China for India

China has surpassed the US to become the richest nation in the world. But can China stay rich? The Communist Party's crackdown on the rich has scared investors. They are now turning to India. Palki Sharma tells you how global investors are now putting more money in India.

oh palki sharma, are you having pms induced hallucinations again?

 

[tower9]

The problem with India is that their best and brightest are in the US, EU or any other foreign countries. India is a place where you want to leave as soon as you can, except for those in the top .1 percent.

That has been the case. This might start to change as bubbles like Noida, Gurgaon and around Hyderabad and Bangalore continue to grow. If the Indian market continues to grow, and it will since the population is so massive, it will offer opportunities for local Indians who are well networked to achieve massive businesses of scale that they could never achieve working for established tech giants in the US. This will allow a reverse brain drain if these bubbles of development become big enough that Indian techies can live in developed and prosperous surroundings without leaving India.

 

[beast89]

Gravitas LIVE | China is fuelling global inflation | Beijing is hoarding 50% of global food supplies

lol china is responsible for starving Indians now.

 

[Mandalorian_CA]

Everyone is moving to India, its worlds most developed and free country. Indian dinar is the strongest. India is the place where u get best Afghan jalebis and road shitters who never miss their target. According to indian media, James webb telescope discovered india before the big bang.

 

[ARMalik]

The usual Indian media chattering and screaming like tree Monkeys .

 

[xuxu1457]

The comment area is far more interesting than the video. As usual, the Chinese dominate the data and rankings, while the Indians dominate the comment area.