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Why is there such a huge disparity between China and India?
The 9 percent growth as stated in the article was too high and mukerjee has to cut it down to 7.3.
6.9 is still a good growth. I dont see whats the fuss, especially with all the euro crisis and all.
6.9 is still a good growth. I dont see whats the fuss, especially with all the euro crisis and all.
6.9 real grwoth is really a good thing`but the problem is it combined with double digits inflation and more importantly the reality contradicts those indian 'experts' prediction that india will enjoy double digits growth since like 2006 or 2007 or even earlier!
You mean China never had double digit inflation ?
Considering the global downturn, these figures are quite impressive. I think some Pakistanis might be jealous of their more advanced neighbours.
Pakistan can catch up with India. Only problem is that Pakistan is held back by radical Islam which is stagnant. The whole Islamic world is stagnant.
Israel registers more patents per annum than all 22 regional Arab countries combined in history.
You mean China never had double digit inflation ?
hayzz.our pakistani friend are always searching badnews about india how flattering
Sort of like how Indians keep searching about bad news from China?
The difference is, India's insults about China's economy are all based on "future predictions" that never come true, like this prediction from an Indian "think tank" that China would collapse during the 2008 Credit Crunch.
The Fall of the Dragon - IDR
While Indians are laughing gleefully about how their neighbour's economy is going to collapse, in fact it is their own economy that has sinking growth rates, and double-digit inflation too. (And they were already so far behind to begin with.) Poetic justice?
Sort of like how Indians keep searching about bad news from China?
The difference is, India's insults about China's economy are all based on "future predictions" that never come true, like this prediction from an Indian "think tank" that China would collapse during the 2008 Credit Crunch.
The Fall of the Dragon - IDR
While Indians are laughing gleefully about how their neighbour's economy is going to collapse, in fact it is their own economy that has sinking growth rates, and double-digit inflation too. (And they were already so far behind to begin with.) Poetic justice?
You are back with the exact same rant on this thread too!!..how do you manage to post the same stuff on every possible thread??.You seems to be a serious case of obsessive compulsive disorder..get help!!
PS: Your economy is slowing down the same way as India's ..what do you think about that??
China has already been growing at a double-digit rate for almost three decades now.
Whereas India (despite all the boasting) has never even managed to sustain double-digit growth in the first place! And now it seems the race is over before it even started.
Considering that we have already been growing at double-digits for several decades, and the fact that our economy is already four times larger than India's economy... I find it amazing that China is still growing at 9%+.
India, with a much smaller base economy, should be finding it easier to increase their percentage rate of growth. Instead, their growth is sinking below all their targets, and they are constantly running at double-digit inflation too.