India to grow faster than China by 2016: Goldman Sachs

[Luca1]

assume China 2011 - $7.3 trillion to be true (actually it would be around 5trillion)
assume growth rate of 10% (actually its less than 5)

in 2 years you have a GDP increase of 1.5 trillion (actually its a third of that) which not equal to india's GDP

like i said earlier chinese statistics are faulty and unreliable and made to make themselves look good to the world

CARSON BLOCK: China's Fake GDP Is Over-Inflated By 25% | Business Insider India

Is China faking its economic growth? Chanos thinks so - Feb. 16, 2012

China Fake Data to Skew More Export Numbers - Bloomberg

Biggest Fib Of The Year: China GDP Grows 7.5% In Q2 - Forbes

Enough of Gordon Chang. If you believe him, I would like to sell you a bridge.

 

[Chinese-Dragon]

assume China 2011 - $7.3 trillion to be true (actually it would be around 5trillion)
assume growth rate of 10% (actually its less than 5)

in 2 years you have a GDP increase of 1.5 trillion (actually its a third of that) which not equal to india's GDP

like i said earlier chinese statistics are faulty and unreliable and made to make themselves look good to the world

CARSON BLOCK: China's Fake GDP Is Over-Inflated By 25% | Business Insider India

Is China faking its economic growth? Chanos thinks so - Feb. 16, 2012

China Fake Data to Skew More Export Numbers - Bloomberg

Biggest Fib Of The Year: China GDP Grows 7.5% In Q2 - Forbes

Yet it is India who was caught faking data for their IT exports to America?

US Exposes 20X Exaggeration in India's IT Exports

You know you can't fake your trade data right? Because the other side will simply check to see if their numbers match, so India was busted by America for a 20X exaggeration in IT exports.

Double digits for decades????
In 2004 China's nominal gdp was only $1.9 Trillion..

Because we were growing very fast that decade, in 2007 for example we had a real growth rate of 14.2% (check it yourself).

Unless you plan to grow that fast, there is no way you can do it in the same time frame.

India's growth right now is 4-5%. It's not even impressive for a developing country.

 

[Shinigami]

Yet it is India who was caught faking data for their IT exports to America?

US Exposes 20X Exaggeration in India's IT Exports

You know you can't fake your trade data right? Because the other side will simply check to see if their numbers match, so India was busted by America for a 20X exaggeration in IT exports.



Because we were growing very fast that decade, in 2007 for example we had a real growth rate of 14.2% (check it yourself).

Unless you plan to grow that fast, there is no way you can do it in the same time frame.

India's growth right now is 4-5%.

you are quoting riaz Haq? that old pakistani fart cherry picks more than you (hard to believe i know)

please quote something valuable

 

[Luca1]

Gordon Chang articles.

Gordon Chang is Indians' favorite Chonese. Such as Paneer manchurian.

 

[Shinigami]

@chdr and Luca1
Gordon Chang is one among MANY

If Chanos is right and the Chinese government is under-reporting its inflation data, its measure of economic growth would also be off-kilter. The latest government data shows the Chinese economy grew at an 8.9% annual pace in the fourth quarter, only slightly weaker than the typical 9% to 10% growth rates it has seen over the last few years.

While economists are often skeptical of China's government figures, Chanos estimates those numbers are way off.

 

[Chinese-Dragon]

you are quoting riaz Haq? that old fart cherry picks more than you (hard to believe i know)

please quote something valuable

How about Bloomberg?

India Overstated Exports by $9 Billion - Bloomberg

Like I said, you can't fake your trade data. Since the other country can always check.

 

[Shinigami]

How about Bloomberg?

India Overstated Exports by $9 Billion - Bloomberg

Like I said, you can't fake your trade data. Since the other country can always check.

AAHHH finally your hard work paiid off. got a source that say overrates by 9 BILLION DOLLARS
thats so much more than what the chinese overstates which is just about 5 trillion dollars

 

[Chinese-Dragon]

AAHHH finally your hard work paiid off. got a source that say overrates by 9 BILLION DOLLARS
thats so much more than what the chinese overstates which is just about 5 trillion dollars

So India is the one faking data, and getting caught by other countries?

The rest of the planet has confirmed through their own data, that China is the largest trading nation in the world:

China Eclipses U.S. as Biggest Trading Nation - Bloomberg

 

[Shinigami]

So India is the one faking data, and getting caught by other countries?

The rest of the planet has confirmed through their own data, that China is the largest trading nation in the world:

China Eclipses U.S. as Biggest Trading Nation - Bloomberg

thats not what it says

India’s commerce ministry said it overstated merchandise exports by $9 billion in the eight months through November because of “misclassification and errors” in computing overseas sales.
India Overstated Exports by $9 Billion Because of Data ‘Misclassification’ - Bloomberg

chinese dragon is a
pathological liar

 

[Chinese-Dragon]

thats not what it says

chinese dragon is a
pathological liar

Yep an "error" that just happened to add to India's exports by $9 billion.

You guys tried to push through fake data and failed, since people tend to check their own data as well.

OK @Shinigami, how about this. Currency reserves.

You can't fake that, since you have to buy like US bonds, Euro bonds, etc. and they can confirm what your currency reserves levels are at.

China's currency reserves are $4 trillion.

Our currency reserves alone, are more than double the Indian GDP.

 

[vsdave2302]

Yet it is India who was caught faking data for their IT exports to America?

US Exposes 20X Exaggeration in India's IT Exports

You know you can't fake your trade data right? Because the other side will simply check to see if their numbers match, so India was busted by America for a 20X exaggeration in IT exports.



Because we were growing very fast that decade, in 2007 for example we had a real growth rate of 14.2% (check it yourself).

Unless you plan to grow that fast, there is no way you can do it in the same time frame.

India's growth right now is 4-5%. It's not even impressive for a developing country.

Like this??

Local governments inflated China’s GDP by $900 billion last year—and that’s not going to stop soon – Quartz

Bloody 900 Bn USD is 10% of chinese economy. Can anybody count chinese growth rate by removing these faking figures?

These faking habit do not go. It works across false economic claim to hype in weapon capability.

 

[Chinese-Dragon]

Like this??

Local governments inflated China’s GDP by $900 billion last year—and that’s not going to stop soon – Quartz

Bloody 900 Bn USD is 10% of chinese economy. Can anybody count chinese growth rate by removing these faking figures?

These faking habit do not go. It works across false economic claim to hype in weapon capability.

You were the ones caught faking data.

The US caught you for exaggerating your IT exports by 20 times.

But some things can't be faked:

BBC News - 'More poor' in India than Africa

 

[Shinigami]

Yep an "error" that just happened to add to India's exports by $9 billion.

You guys tried to push through fake data and failed, since people tend to check their own data as well.

OK @Shinigami, how about this. Currency reserves.

You can't fake that, since you have to buy like US bonds, Euro bonds, etc. and they can confirm what your currency reserves levels are at.

China's currency reserves are $4 trillion.

Our currency reserves alone, are more than double the Indian GDP.

the difference is, we found and corrected that mistake oursleves. not like you guys making up trillions out of nowhere
and getting caught

CARSON BLOCK: China's Fake GDP Is Over-Inflated By 25% | Business Insider India

Is China faking its economic growth? Chanos thinks so - Feb. 16, 2012

China Fake Data to Skew More Export Numbers - Bloomberg

Biggest Fib Of The Year: China GDP Grows 7.5% In Q2 - Forbes

If Chanos is right and the Chinese government is under-reporting its inflation data, its measure of economic growth would also be off-kilter. The latest government data shows the Chinese economy grew at an8.9% annual pacein the fourth quarter, only slightly weaker than the typical 9% to 10% growth rates it has seen over the last few years.

While economists are often skeptical of China's government figures, Chanos estimates those numbers are way off.

Like this??

Local governments inflated China’s GDP by $900 billion last year—and that’s not going to stop soon – Quartz

Bloody 900 Bn USD is 10% of chinese economy. Can anybody count chinese growth rate by removing these faking figures?

These faking habit do not go. It works across false economic claim to hype in weapon capability.

its actually a lot more than 900 billion

You were the ones caught faking data.

The US caught you for exaggerating your IT exports by 20 times.

source please

But some things can't be faked:

BBC News - 'More poor' in India than Africa

HAHA i knew it. standard fallback line for chinese losers
goes both ways
India has more rich households than most European nations - Economic Times

 

[KalaGhoda]

So anyone who would not believe these crappy predictions are Pakistanis? LOL. You are a real tool.

he he, you are THE tool, hiding your mardeemomminness behind a shoulderless blonde from west !

you have been caught before being a pakistani.

 

[vsdave2302]

You were the ones caught faking data.

The US caught you for exaggerating your IT exports by 20 times.

But some things can't be faked:

BBC News - 'More poor' in India than Africa

So you do not have any answer to that fake figure of inflating the GDP by 900 BN USD right?

Now let me give you the mosst relaiable figures on Indian poverty given by none other than world bank.

India's poor may shrink 75% by new World Bank formula | Business Standard News

It says that Indian poor are 98.9 million i.e Just 1/4 th of stated figure.

On the other hand one Chinese expert has exposed that China has 400 Million Poors which is 4 time the higher than indian number. We do not fake poorerty figure by bringing poverty line to 0.24 USD from 1.25 USD in PPP as per international standard like china did to eleminate poverty.