Is trade deficit a burning problem for India? The trade deficit with China balloons

[GS Zhou]

What is real time payments? Online payment like Alipay or paypal, or something else?

 

[beijingwalker]

Nope, Its jokers like you who think PDF and Global times is Reality.

What does it have anything to do with people's intellectual power?

Software Industry in India has exploded this year. This is the graph for software jobs posted on http://Naukri.com over the last 10 years

What does it have anything to do with India's burning trade deficit?

 

[Andhadhun]

What does it have anything to do with people's intellectual power?

What does it have anything to do with India's burning trade deficit?

LOL. Its this where you claim to have "high iq" ?

Use your self proclaimed "intellectual power" to figure out how rising economy helps narrow trade deficit and see the trend lines.

Metro Rail systems

China - 41
USA - 15
India - 13
Japan - 13
South Korea - 8
Russia - 7
Brazil - 7
Italy - 7
France - 6
Turkey - 5
Germany - 4
Taiwan - 4
Canada - 3
Mexico - 3
Spain - 3
UK - 3

Total 34 are under construction in India.

National Urban Transport Policy proposed the construction of a metro rail system in every city with a population of 20 lakh

 

[beijingwalker]

LOL. Its this where you claim to have "high iq" ?

Use your self proclaimed "intellectual power" to figure out how rising economy helps narrow trade deficit and see the trend lines.

Metro Rail systems

China - 41
USA - 15
India - 13
Japan - 13
South Korea - 8
Russia - 7
Brazil - 7
Italy - 7
France - 6
Turkey - 5
Germany - 4
Taiwan - 4
Canada - 3
Mexico - 3
Spain - 3
UK - 3

Total 34 are under construction in India.

National Urban Transport Policy proposed the construction of a metro rail system in every city with a population of 20 lakh

I will come back with detailed global metro data tonight.

 

[Andhadhun]

I will come back with detailed global metro data tonight.

Why ?

I really don't care about the global metro data. My post was to show you the growth trajectory of India.

 

[Andhadhun]

I will come back with detailed global metro data tonight.

Why ?

How is that relevant ?

My post is to show the Indian growth Trajectory and its impact on trade deficit based on existing trend.

Meanwhile,

Pakistan's exports to India fell to $0.11 million in FY2020-21, whereas imports from India were $297 million: Pak data

 

[Andhadhun]

China’s Factory Activity Shrinks For Second Consecutive Month Hit By Power Crunch, Pandemic, High Material Prices, Tepid Demand

Hit by power crisis, tepid demand, emergence of new Covid-19 clusters and high raw material prices, China’s factory activity contracted in October, country’s official news agency Xinhua reported.

The purchasing managers’ index (PMI) for China’s manufacturing sector came in at 49.2 in October, down from 49.6 in September, data from the National Bureau of Statistics showed on Sunday.

A reading above 50 indicates expansion, while a reading below reflects contraction.

China’s factory output in September grew at its most feeble pace since March 2020 due to power shortage and higher raw material prices.

China’s official October composite PMI, which includes both manufacturing and services activity, stood at 50.8, down from September’s 51.7.

“The production index has dropped to the lowest level since it was published in 2005, excluding the global financial crisis period in 2008/09 and the COVID outbreak in February 2020,” a Reuters report quoted Zhiwei Zhang, chief economist at Pinpoint Asset Management.

Battered by real estate crisis and crippling energy shortage, China’s economy grew by a tepid 4.9 per cent in the third quarter of 2021 compared to the same period a year earlier,

China’s GDP growth prospects in the fourth quarter also faces severe supply side challenges, which may further drag down China’s GDP growth for the whole of 2021

 

[beijingwalker]

Why ?

I really don't care about the global metro data. My post was to show you the growth trajectory of India.

Growth trajectory? like super power 2012? when you guys can face the reality first? Your exports are even much smaller than Hong kong, a Chinese city of only 6 million people.

China’s Factory Activity Shrinks For Second Consecutive Month Hit By Power Crunch, Pandemic, High Material Prices, Tepid Demand

Hit by power crisis, tepid demand, emergence of new Covid-19 clusters and high raw material prices, China’s factory activity contracted in October, country’s official news agency Xinhua reported.

The purchasing managers’ index (PMI) for China’s manufacturing sector came in at 49.2 in October, down from 49.6 in September, data from the National Bureau of Statistics showed on Sunday.

A reading above 50 indicates expansion, while a reading below reflects contraction.

China’s factory output in September grew at its most feeble pace since March 2020 due to power shortage and higher raw material prices.

China’s official October composite PMI, which includes both manufacturing and services activity, stood at 50.8, down from September’s 51.7.

“The production index has dropped to the lowest level since it was published in 2005, excluding the global financial crisis period in 2008/09 and the COVID outbreak in February 2020,” a Reuters report quoted Zhiwei Zhang, chief economist at Pinpoint Asset Management.

Battered by real estate crisis and crippling energy shortage, China’s economy grew by a tepid 4.9 per cent in the third quarter of 2021 compared to the same period a year earlier,

China’s GDP growth prospects in the fourth quarter also faces severe supply side challenges, which may further drag down China’s GDP growth for the whole of 2021

When China compares with herself in growth, she does have ups and downs. But when China compare with other countries, even downs become miracles and unreachable by them.

 

[GS Zhou]

China's industry value added vs. India's industry value added.

World Bank Open Data

Free and open access to global development data

data.worldbank.org

 

[beijingwalker]

China's industry value added vs. India's industry value added.

View attachment 793518

World Bank Open Data

Free and open access to global development data

data.worldbank.org

 

[lonelyman]

LOL. Its this where you claim to have "high iq" ?

Use your self proclaimed "intellectual power" to figure out how rising economy helps narrow trade deficit and see the trend lines.

Metro Rail systems

China - 41
USA - 15
India - 13
Japan - 13
South Korea - 8
Russia - 7
Brazil - 7
Italy - 7
France - 6
Turkey - 5
Germany - 4
Taiwan - 4
Canada - 3
Mexico - 3
Spain - 3
UK - 3

Total 34 are under construction in India.

National Urban Transport Policy proposed the construction of a metro rail system in every city with a population of 20 lakh

stupid pajeets proposed 34 lines

how about the proposal two white slaves for each pajeet?

shanghai metro alone has more mileages than your 34 proposed alone, not alone the standards and cleanness

when listing real metro statistics, pajeets ran away immediately

 

[beijingwalker]

exports of goods and services, based on World Bank's data 2019

Hong Kong

649,022.69

India

546,033.12

 

[lonelyman]

exports of goods and services, based on World Bank's data 2019

Hong Kong

649,022.69

India

546,033.12

not important, stupid pajeets proud of their fake digital payment data

 

[Andhadhun]

Growth trajectory? like super power 2012? when you guys can face the reality first? Your exports are even much smaller than Hong kong, a Chinese city of only 6 million people.

When China compares with herself in growth, she does have ups and downs. But when China compare with other countries, even downs become miracles and unreachable by them.

LOL. Its a shame you don't know what a trend line is. I would suggest you learn that first and then use it to understand the trade trajectory graph I have posted earlier.

A nation that tries to create an international situation by invading Taiwan airspace and Japanese water to try and distract public from your economic downturn should not boast about super power.

Your propaganda has VERY LIMITED value outside of china.

HK is just an port that exports chinese goods. HK itself is only a financial center, not a manufacturing hub. Such propaganda is enough to impress pakistanis, it is unlikely to work with Indians.

Couldn't care less about chinese up's and downs or your fantastic claims. You should save that for your countrymen and on state controlled internet.

 

[GS Zhou]

China's industry value added growth in October 2021 slows to 3.5%. But look, China's industry value-added is almost 10x of India's. 3.5% growth of China means the net addition of China equals to 1/3 of India's total.

BTW, China's industry value added from Jan. to Oct. 2021 grows by 10.9%. You know what it means? That's means China's net addition in industry output equals to India's total.

http://www.stats.gov.cn/tjsj/zxfb/202111/t20211114_1824477.html