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IMF projects 11.5% growth rate for India in 2021, only country with double digit growth

Begin Chinese it might be a bit strange to you, but that is called freedom of the press. Common in democracies. You can criticize and can even make fun of a leader without fear of retribution.
Imagine if a Chinese writer living in China has written something like that about Xi Jinping in a Chinese newspaper...He would simply disappear without a trace.
They won't believe us. They will only believe the 100000 Chinese refugees in India.
It means everyone can shit in public. No wonder Indians love it.
That mostly happens outside the refugee camp of Chinese so the Chinese don't feel homesick.
 
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India also had highest growth rate in FDI this fiscal than anyone else in the world. This after we have thrown out Chinese rats (much to their disappointment).
Haha, India, come to thrown us out like we threw out Americans, why will you come?

China climbed to the No.1 ranking globally attracting foreign direct investment (FDI) of $163 billion in 2020 amid a raging global pandemic, according to the UN's latest report on global investment, knocking the US, which attracted $134 billion, off the first spot.
 
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They won't believe us. They will only believe the 100000 Chinese refugees in India.

That mostly happens outside the refugee camp of Chinese so the Chinese don't feel homesick.
Those Tibetan Dalai Lama follwers were born in India and hold Indian or US passports, you don't miss a country which you have never been to.
 
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Haha, India, come to thrown us out like we threw out Americans, why will you come?

China climbed to the No.1 ranking globally attracting foreign direct investment (FDI) of $163 billion in 2020 amid a raging global pandemic, according to the UN's latest report on global investment, knocking the US, which attracted $134 billion, off the first spot.
Its not like you did any magic, you only grew by 4%. While US dropped by 49%. It is temporary because of the Wuhan originated virus. That is no accomplishment to boast about. Lol.
 
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Its not like you did any magic, you only grew by 4%. While US dropped by 49%. It is temporary because of the Wuhan originated virus. That is no accomplishment to boast about. Lol.
And we all know how reliable the Communist party stats are?
 
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The IMF on Tuesday projected an impressive 11.5 per cent growth rate for India in 2021, making the country the only major economy of the world to register a double-digit growth this year amidst the coronavirus pandemic.

The International Monetary Fund’s growth projections for India in its latest World Economic Outlook Update released on Tuesday reflected a strong rebound in the economy, which is estimated to have contracted by eight per cent in 2020 due to the pandemic.

In its latest update, the IMF projected a 11.5 per cent growth rate for India in 2021. This makes India the only major economy of the world to register a double-digit growth in 2021, it said.

China is next with 8.1 per cent growth in 2021 followed by Spain (5.9 per cent) and France (5.5 per cent).


Now lets check out IMF's prediction at about the same time last year:

IMF predicted China will grow at 1.2% YOY in 2020, India will grow at 1.9% YOY in 2020.


Turn out to be:

China actually grow 2.3% YOY in 2020:

whilst India will grow at -10.3% YOY in 2020 according to the latest update from IMF:

So basically IMF hired lots of indian "economists", no wonder the world economy is a mess now

So in 2021, India would grow 1.2% over 2019. Only indios could find a reason to celebrate.
 
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The India economy has always been VASTLY overestimated by international bodies, it almost like they want to create a hype about this shithole.

Whilst China's economy power has always been VASTLY underestimated

A nice example is a report on PPP-based GDP estimatation I recently come across:

Despite of the fact China along, consumed about half of the vegetables in the world (you can check UN's FAO website for reference: http://www.fao.org/statistics/en/), the total market of vegetable in China, in PPP dollar terms is only 130 billion PPP dollars.

Meanwhile, india's vegetable consumption is less than 1/5th of China's, but in terms of PPP dollars, it is priced as 150 billion PPP dollars in india.

You can clearly say the west and india disinformation machines desperately trying to underestimating China, but try their best to promote the indian hype.
So in 2021, India would grow 1.2% over 2019. Only indios could find a reason to celebrate.

That is, assuming IMF's forecast on India turn out to be true, instead of like the last time: (1.9% forecasted vs -10% realized).
 
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When you can criticise us for -24% growth in a quarter, why can't we celebrate our bounce back with 11.5% growth in the annum? You CCP trolls are morons.
the only thing that has bounced back are the behinds of new delhi police bouncing off the farmer tractors. :coffee:
 
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The IMF on Tuesday projected an impressive 11.5 per cent growth rate for India in 2021, making the country the only major economy of the world to register a double-digit growth this year amidst the coronavirus pandemic.

The International Monetary Fund’s growth projections for India in its latest World Economic Outlook Update released on Tuesday reflected a strong rebound in the economy, which is estimated to have contracted by eight per cent in 2020 due to the pandemic.

In its latest update, the IMF projected a 11.5 per cent growth rate for India in 2021. This makes India the only major economy of the world to register a double-digit growth in 2021, it said.

China is next with 8.1 per cent growth in 2021 followed by Spain (5.9 per cent) and France (5.5 per cent).


Now lets check out IMF's prediction at about the same time last year:

IMF predicted China will grow at 1.2% YOY in 2020, India will grow at 1.9% YOY in 2020.


Turn out to be:

China actually grow 2.3% YOY in 2020:

whilst India will grow at -10.3% YOY in 2020 according to the latest update from IMF:

So basically IMF hired lots of indian "economists", no wonder the world economy is a mess now
LoL, India never failed my expectations for them.
 
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