How far is India behind China

[buddyboyyash]

in 20 years time india can catch up to china of 2012 but not the china of 2032

ahem ahem....japan was booming when one tsunami made it to think other way round...india was richest country in the world for centuries in history...Soviet Union was the Biggest rival to USA....USA was considered as uncrowned king....China was once where india was...Iran was once an ally of United States....Pakistan's economy was once a lot better than indian economy....

ITS JUST A MATTER OF TIME MY FRIEND...u can never ever predict anything....in the 1947....who would have thought india can make a supercomputer?? (no trolling needed...just giving an example)....so never ever underestimate anyone

 

[Jade]

Who has written the article? Non sense.

China's economy was 1.19 T$ in 2001. Assuming a 10% growth rate, China's GDP should be around 3 T$. Then how come Chinese economy is 6.99 T$. The trick is here that the writer considered 7.8% to be the growth rate, whereas 7.8% is the real growth, meaning 7.8% doesn't include inflation.

By Standard Chart estimate, the Indian economy by 2030 or 20 year hence would be 30 T$

India could be third largest economy by 2030: StanChart - Business Today

 

[CaptainJackSparrow]

It's a reality check for us Indians.

The bitter truth.

 

[rcrmj]

just google it or look for kerala bashing sites.
poor state has 0.92 hdi.

lol...are you serious? the india everage is like around 0.55 yet you claim that the 'poor' state Kerala has Human Development Index of 0.92? if thats the case those much richer states should have higher HDI than Kerala?.!
I must say bollywood propaganda really good at fooling less educated bunches, or should I say you are delusional?
International Human Development Indicators - UNDP

 

[lynx]

ahem ahem....japan was booming when one tsunami made it to think other way round...india was richest country in the world for centuries in history...Soviet Union was the Biggest rival to USA....USA was considered as uncrowned king....China was once where india was...Iran was once an ally of United States....Pakistan's economy was once a lot better than indian economy....

ITS JUST A MATTER OF TIME MY FRIEND...u can never ever predict anything....in the 1947....who would have thought india can make a supercomputer?? (no trolling needed...just giving an example)....so never ever underestimate anyone

I think its Churchill who said in 1947 that in about 10 years India will be history and 64 years later we are still here.

 

[lynx]

lol...are you serious? the india everage is like around 0.55 yet you claim that the 'poor' state Kerala has Human Development Index of 0.92? if thats the case those much richer states should have higher HDI than Kerala?.!
I must say bollywood propaganda really good at fooling less educated bunches, or should I say you are delusional?
International Human Development Indicators - UNDP

A little bit of googling will help you:

First 5 Indian states by HDI

1 Kerala 0.920
2 Chandigarh 0.860
3 Delhi 0.875
4 Lakshadweep 0.796
5 Mizoram 0.790

List of Indian states and territories by Human Development Index - Wikipedia, the free encyclopedia

 

[ChineseTiger1986]

Who has written the article? Non sense.

China's economy was 1.19 T$ in 2001. Assuming a 10% growth rate, China's GDP should be around 3 T$. Then how come Chinese economy is 6.99 T$. The trick is here that the writer considered 7.8% to be the growth rate, whereas 7.8% is the real growth, meaning 7.8% doesn't include inflation.

By Standard Chart estimate, the Indian economy by 2030 or 20 year hence would be 30 T$

India could be third largest economy by 2030: StanChart - Business Today

Our 2011 GDP was 7.3 trillion, while we can still sustain a 8-9% growth with ease.

However, India cannot even sustain it with a tiny 1.8 trillion GDP.

Even China's GDP is equal or surpassed to that of US, but that doesn't mean China has surpassed US in the overall technology field.

Same for India, even India has equivalent to our GDP of 2003-2004, it doesn't mean you have reached China's technological level of 2003-2004.

 

[Skyline]

India is far away behind....

btw, GDP per capita IMF 2011

China - US$ 5,184
Thailand - US$ 5,281
Malaysia - US$ 8,617

Indonesia - US$ 3,469
Sri Lanka - US$ 2,864
Philippines -US$ 2,255

India - US$ 1,527

 

[ALOK31]

India is far away behind....

btw, GDP per capita IMF 2011

China - US$ 5,184
Thailand - US$ 5,281
Malaysia - US$ 8,617

Indonesia - US$ 3,469
Sri Lanka - US$ 2,864
Philippines -US$ 2,255

India - US$ 1,527

Foreign assistance
Sri Lanka is highly dependent on foreign assistance, and several high-profile assistance projects were launched in 2003. The most significant of these resulted from an aid conference in Tokyo in June 2003; pledges at the summit, which included representatives from the International Monetary Fund, World Bank, Asian Development Bank, Japan, the European Union and the United States, totalled $4.5 billion.
YOUR HALF ECONOMY DEPENDENT OF ECONOMIC AID .DON'T COMPARE YOUR COUNTRY WITH INDIA .YOU ARE SAME PAKISTANI LEAGUE.FIRST STAND YOUR OWN FEET COMPARE WITH INDIA.

 

[wrigsted]

India is far away behind....

btw, GDP per capita IMF 2011

China - US$ 5,184
Thailand - US$ 5,281
Malaysia - US$ 8,617

Indonesia - US$ 3,469
Sri Lanka - US$ 2,864
Philippines -US$ 2,255

India - US$ 1,527

Ohh yea, Mighty China with a GDP per capita at US$ 5,184
While countries like little Denmark have $ 60.96
So try again, Mighty China

 

[Skyline]

Foreign assistance
Sri Lanka is highly dependent on foreign assistance, and several high-profile assistance projects were launched in 2003. The most significant of these resulted from an aid conference in Tokyo in June 2003; pledges at the summit, which included representatives from the International Monetary Fund, World Bank, Asian Development Bank, Japan, the European Union and the United States, totalled $4.5 billion.
YOUR HALF ECONOMY DEPENDENT OF ECONOMIC AID .DON'T COMPARE YOUR COUNTRY WITH INDIA .YOU ARE SAME PAKISTANI LEAGUE.FIRST STAND YOUR OWN FEET COMPARE WITH INDIA.

Why block letters for some stats which has released by IMF?
This thread is not about Sri Lanka either.

 

[xataxsata]

India is far away behind....

btw, GDP per capita IMF 2011

China - US$ 5,184
Thailand - US$ 5,281
Malaysia - US$ 8,617

Indonesia - US$ 3,469
Sri Lanka - US$ 2,864
Philippines -US$ 2,255

India - US$ 1,527

Wrong facts:

India was the world's 9th largest economy at the end of 2010 with a size of USD 1.73 trillion and at current dollar prices it is US$ 2 trillion economy.

 

[xataxsata]

Ohh yea, Mighty China with a GDP per capita at US$ 5,184
While countries like little Denmark have $ 60.96
So try again, Mighty China

Even a small country like Japan is just behind china which is many times bigger populations, land area and natural resources:

Economy of Japan = $5.5 Trillion US dollars at current prices - 2010 Source: World Bank, World Development Indicators

 

[ChinaToday]

Even a small country like Japan is just behind china which is many times bigger populations, land area and natural resources:

Economy of Japan = $5.5 Trillion US dollars at current prices - 2010 Source: World Bank, World Development Indicators

This thread is about india not japan

 

[IND151]

Wrong facts:

India was the world's 9th largest economy at the end of 2010 with a size of USD 1.73 trillion and at current dollar prices it is US$ 2 trillion economy.

no bro Indian GDP at the end of 2011 = $1.846 trillion