India and China - A GDP Comparison

[oprih]

dont forget china have big debt

Better than having a neighbor that actively wants to destroy your country.

 

[Nanga Tarzan]

The biggest reason for India's per-capita GDP being so low is that 50% of Indian population is engaged in agriculture but this sector contributes only 17% to the GDP. This ratio is much better for Pakistan (India in orange and Pakistan in Green below). Now I understand why China went ahead with urbanization with such zeal.

Source: https://defence.pk/threads/india-pakistan-a-data-based-comparison-part-1-of-2.454806/#ixzz4TItEYV12

 

[PlugnPlay]

The biggest reason for India's per-capita GDP being so low is that 50% of Indian population is engaged in agriculture but this sector contributes only 17% to the GDP. This ratio is much better for Pakistan (India in orange and Pakistan in Green below). Now I understand why China went ahead with urbanization with such zeal.

Source: https://defence.pk/threads/india-pakistan-a-data-based-comparison-part-1-of-2.454806/#ixzz4TItEYV12

That is because Pakistan continues to have zamindari while India abolished it right in 1947.

 

[tranquilium]

managed growth?? more like reckless credit loans. looks like China didn't learn from Bush's everyone one should own a house bubble.

it's a giant bubble that will wipe out trillions of dollars.

1. GDP percentage wise, China's real estate sector (which include ALL real estate transaction) is about 1/3 the size of US and smaller than majorities of the "developed" economies.
2. Chinese government has been implementing policy to prevent overheating in house market. For example, this year's housing price in the 14 first line cities remain the same as last year. (hey,there are advantages being a country that executes wealth business elites or high government officials if they don't follow the rules or gets too greedy)
3. The stimulus package released by China is in infrastructure development such as road, railways, airport, etc. It doesn't have anything to do with real estate.

I though it should be common knowledge by this point that China's economic is mainly supported by Industry instead of finance or real estate like US.

Why in the world people actually compare China with india just cuz of population?
India is no where close to china in economy and wont be atleast in next 50 years by then world will be way far ahead
.. life of vietnam is getting better... india is only dreaming... they cant till people have their basics.

Pretty sure we have been saying this for decades. China and India's situations are nothing alike. Be it geography, history, political system, political history, culture, demographics, etc, etc. You'd be hard pressed to find similarities.

 

[kvpak]

"India would have registered higher growth rates if it had comprised only what are now its southern and western parts...The rest of the country held the South and West back...", so said P. Chidamparam, former Minister of Finance of India (2004-2008) to the American Ambassador Timothy Roemer in August 2009. Chidamparam concluded that India could achieve 11-12 per cent growth if it were the South and West only, noting that the rest of the country held it back.” (The Hindu newspaper; March 23, 2011).

Hi9ndi states are plundering Southern India for over 60 years draining them That is why Tamil Nadu has an underground independence movement.

Tamil Nadu independence Movement

 

[tranquilium]

"India would have registered higher growth rates if it had comprised only what are now its southern and western parts...The rest of the country held the South and West back...", so said P. Chidamparam, former Minister of Finance of India (2004-2008) to the American Ambassador Timothy Roemer in August 2009. Chidamparam concluded that India could achieve 11-12 per cent growth if it were the South and West only, noting that the rest of the country held it back.” (The Hindu newspaper; March 23, 2011).

Hi9ndi states are plundering Southern India for over 60 years draining them That is why Tamil Nadu has an underground independence movement.

Tamil Nadu independence Movement

Frankly, the idea that a country is better off without large part of it is rather stupid.

 

[kvpak]

Why?

 

[LeGenD]

Not really a bubble but more like "managed" growth.


That's why I used the words "at least".

Chinese manufacturing was a bubble that would burst at some point. China has to diversify its economy for further growth. There is no other way.

 

[IblinI]

You cant really trust any Chinese figures in any case.

You cant really trust any Chinese figures in any case.

Start another thread with your creditable Indian figures.

 

[Han Patriot]

Guys,

Can we just let the Indies continue to believe they are a SUPAPOWA? Doesn't matter what pee pee pee figures they quote, they still don't understand the function of money, that is to provide goods, services and infrastructure the population needs. I have been to Chennai, Mumbai and Bangalore and let me tell you, if this is how the second largest pee pee pee economy looks like, then they might as well print the rupees to be the pee pee pee supapowa. The conditions are worst than a tier III city in China. I reckon they are at least 25 to 30 years behind China. The extreme poverty is disgusting compared to the poor in China. We are talking about sub-saharan poor peeing and shitting in the open in front of your eyes. Yes, IN FRONT OF YOU. Basically no sense of shame, no wonder these Indies are so shameless and boastful. It's the culture.

 

[faithfulguy]

Guys,

Can we just let the Indies continue to believe they are a SUPAPOWA? Doesn't matter what pee pee pee figures they quote, they still don't understand the function of money, that is to provide goods, services and infrastructure the population needs. I have been to Chennai, Mumbai and Bangalore and let me tell you, if this is how the second largest pee pee pee economy looks like, then they might as well print the rupees to be the pee pee pee supapowa. The conditions are worst than a tier III city in China. I reckon they are at least 25 to 30 years behind China. The extreme poverty is disgusting compared to the poor in China. We are talking about sub-saharan poor peeing and shitting in the open in front of your eyes. Yes, IN FRONT OF YOU. Basically no sense of shame, no wonder these Indies are so shameless and boastful. It's the culture.

For India to grow, they need to change their way of life such as sanitation, boastfulness, caste based view of individual and stop talking about Brahmos.

 

[艹艹艹]

China is a bubble though

How many economic crises have erupted in the United States in history?

 

[C130]

How many economic crises have erupted in the United States in history?

3 or 4

 

[艹艹艹]

3 or 4

When do you think the next economic crisis will come?

 

[ashok mourya]

Just The FactsPreviousNext
Can India Surpass China’s Economy by 2050?
9 facts on the economic rise of India after a delayed start.

The Globalist, May 8, 2016

Credit: Niyazz - www.shutterstock.com

Takeaways

• For several decades to come, China will almost certainly hold its new spot at the top of the global economic table.
  
• By 2050, it is possible India’s economy will have edged out not only the US but also China for the top spot.
  
• India’s economy is only a little over 40% as large as the U.S. and Chinese economies.
  
• The Indian economy is expected to be 2% larger than the U.S. economy by 2050 — but 30% smaller than China’s.

1.For several decades to come, China will almost certainly hold its new spot at the top of the global economic table.

2.However, by 2050, it is possible India’s economy will have edged out not only the United States but also China, to take the top spot.

3.A little more than a decade after China launched its market-based reforms, India jumped into the growth game as well.

4.India’s economic liberalization policies of 1991 led to an increasing role for the private sector and opened the economy to foreign investment.

5.As of 2014, India’s $7.3 trillion economy was the world’s third-largest, measured in terms of purchasing power parity.

6.However, it is at present only a little over 40% as large as the U.S. and Chinese economies.


7.While India’s growth has not been as strong as China’s over the past two decades, its growth rate is expected to outpace China’s in the coming decades.

8.To realize its potential, India will need to sustain its reform policies and increase investment in infrastructure, education (especially women) and better governance.

9.The Indian economy is expected to be about 2% larger than the U.S. economy by mid-century — but about 30% smaller than China’s.

Sources: PricewaterhouseCoopers with additional analysis by The Globalist Research Center.

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