The Slowing of Two Economic Giants

[BigDaddyWatch]

This is what Indians do when faced with facts about China and India and how far India is left behind they just claim that everything from China is faked.

If everything from China is faked then how do you explain:

1. Why China has a forex reserve of 3,4 trillion dollars while India only has 280 billion dollars ?

2. Why are the interest rate on Chinese 10 year government bond only 3,6% and that of India is 7,5% ?

3. Why does every ratings agency in the world rate China's credit investment grade while that of India is near junk status ?

4. Why has the Indian Rupee lost nearly 10% of her value on the USD but the Chinese Yuan gaind 1,7% on the USD ?

5. Why is China's national budget bigger than India's entire economy ?

6. Are all those made in China products on our shelves fake too ?

 

[kena]

This is what Indians do when faced with facts about China and India and how far India is left behind they just claim that everything from China is faked.

If everything from China is faked then how do you explain:

1. Why China has a forex reserve of 3,4 trillion dollars while India only has 280 billion dollars ?

2. Why are the interest rate on Chinese 10 year government bond only 3,6% and that of India is 7,5% ?

3. Why does every ratings agency in the world rate China's credit investment grade while that of India is near junk status ?

4. Why has the Indian Rupee lost nearly 10% of her value on the USD but the Chinese Yuan gaind 1,7% on the USD ?

5. Why is China's national budget bigger than India's entire economy ?

6. Are all those made in China products on our shelves fake too ?

Dont start it again. Can you guys do anything apart from quoting economic numbers??? Do you even mumble them in your sleep???

And yes, Chinese products are third rate. Even a villager will tell you that. And we dont believe your GDP numbers either. Your whole "economic miracle" is a sordid saga of illegal subsidies, unfair trade practices and dishonest currency manipulations.

And, even though you may have got a few pennies in your pocket of which you are mighty proud, you still remain an authoritarian, closed and highly repressive country with zero freedom and a horrible dictatorship. The reason why the west is giving you the kids glove treatment is because you put all those trash toys in their supermarkets so that the corporates are solidly behind you.

 

[Cheetah786]

India is now moving up gradually, but China is still in the downward motion. Even, today's GDP numbers proved that.

The reason you couldn't read this part cause it wasn't written in big words and red here let me help you out

China’s output is expected to grow by 7.8 percent this year, and India’s by 5.6 percent

but i am sure you will claims 5.6 is a bigger number then 7.8 but do u s a favor leave the font size to normal.

 

[Truth Finder]

The reason you couldn't read this part cause it wasn't written in big words and red here let me help you out

China’s output is expected to grow by 7.8 percent this year, and India’s by 5.6 percent

but i am sure you will claims 5.6 is a bigger number then 7.8 but do u s a favor leave the font size to normal.

You do not follow GDP trends. India is on an upward path from Q4 of FY12-13( the worst being Q3 of FY 13-14) but China is still on a downward path from 2011. This is what I said.

But, it's now from this morning 7.5%.

 

[Cheetah786]

You do not follow GDP trends. India is on an upward path from Q4 of FY12-13( the worst being Q3 of FY 13-14) but China is still on a downward path from 2011. This is what I said.

But, it's now from this morning 7.5%.

Ahh thanks for not disappointing me as i said ''you will claims 5.6 is a bigger number then 7.8''. Now we go back to real world shell we 5.6 isn't bad by any imagination but 7.5 is impressive.

 

[BigDaddyWatch]

What are Indians here talking about ? India's growth from Q1 of 2010 has been on a downward spiral. While India's current account deficits have been going up.

India GDP Annual Growth Rate

India Current Account to GDP

 

[Truth Finder]

What are Indians here talking about ? India's growth from Q1 of 2010 has been on a downward spiral. While India's current account deficits have been going up.

India GDP Annual Growth Rate

India Current Account to GDP

Q3 of FY 12-13:-4.7%(WORST IN A DECADE)
Q4 OF FY12-13:-4.9%(GRADUAL RECOVERY)
FY 13-14:- WILL BE ABOUT 6%(HENCE, ON AN UPWARD MOVE AND THE WORST IS OVER).
THANK YOU.

THERE ARE NO SUCH INDICATIONS FOR CHINA YET. HENCE, ON A DOWNWARD PATH.
14%>......>7.5%>....

 

[BigDaddyWatch]

Q3 of FY 12-13:-4.7%(WORST IN A DECADE)
Q4 OF FY12-13:-4.9%(GRADUAL RECOVERY)
FY 13-14:- WILL BE ABOUT 6%(HENCE, ON AN UPWARD MOVE AND THE WORST IS OVER).
THANK YOU.

THERE ARE NO SUCH INDICATIONS FOR CHINA YET. HENCE, ON A DOWNWARD PATH.
14%>......>7.5%>....

I'll be very wary believing such growth predictions. I'm wary of believing growth predictions in general. Rather or not it will happen remains to be seen. And China's growth rate has to slow as it becomes more developed.

 

[Speeder 2]

3: Steve Sailor? You imbecile! Steve Sailor agrees with me! Steve Sailer: iSteve: Indian IQ, again

I agree with you, too!

Actually I myself commented many under that post.

 

[shuttler]

the wirter is indian cheerleading for his country reaching the "giant" status but feel insecured without bringing in China!
they are always using the same tactics
spare us cheerleaders!
you should go all alone on yourselves as the sole GI-ANT!

 

[Speeder 2]

What are Indians here talking about ? India's growth from Q1 of 2010 has been on a downward spiral. While India's current account deficits have been going up.

India GDP Annual Growth Rate

India Current Account to GDP

India's GDP is cooked!

One can easily see that from many different levels: on per cap data such as usage/consumption of energy (e.g. electricity,wind, solar, etc), water, minerals, basic consumer white goods, rice, meat, etc., without the corresponding growth of those (which they don't), any agricultural, Industrial and service sector growth rates cooked by Indian govt are just myths.

e.g. how the fcuk India's industrial sector grows such such when electricity usage growth is pathetic? unless of course that Indians are using advanced cow dung technology to power the factories?

 

[shuttler]

rupees is breaching the 60 mark again

wonder how much rbi has spent in propping up the failing currency

 

[Speeder 2]

rupees is breaching the 60 mark again

wonder how much rbi has spent in propping up the failing currency

Right. India doesn't even have capability to defend its own currency due to the fact that the finance of the coutry is completely fcuked: India is bankrupt in fact. Rating agencies havn't downgraded India to BB- or B junk bond statue, as they should have done long ago, purely due to political considerations.

Actually Stephen Roach warned that long ago in Davos last year. Check out how utterly pathetic and jingoistic that finance-illiterate Indian jounalist was when interviewing Roach:

 

[shuttler]

You do not follow GDP trends. India is on an upward path from Q4 of FY12-13( the worst being Q3 of FY 13-14) but China is still on a downward path from 2011. This is what I said.

But, it's now from this morning 7.5%.

what bs are your talking about
are you reading the following charts like this?

or this?

and the normal view of the charts are like these:

indian gdp growth:

credit: tradingeconomics.com


and your ruuuupee:

credit: dollars.com

credit : chartoasis.com

 

[Speeder 2]

Ahh thanks for not disappointing me as i said ''you will claims 5.6 is a bigger number then 7.8''. Now we go back to real world shell we 5.6 isn't bad by any imagination but 7.5 is impressive.

7.8% is grown on the basis of an economy that is >4x what 5.6% growth is based on.

Translating that into the real world (in absolute term) where Chinese in China and Indians in India are living in:


China is enlarging the gap that it had with india by at least 8.5% this year!