UK slips behind India to become the world's sixth biggest economy

[Black Tornado]

lol.. Indians are all good predicters but not doers judging from the past track record

Self jerking won’t work wumao, we were 11th largest in 2010, 5th largest in 2019, we’ll be 3rd largest in 2030 and its inevitable. Keep crying. Already manufacturers are pouring bllions of dollars in India into new factories. Papa Xi has already screwed your economy, now continue building tofu dreg real estate to boost up GDP .

https://www.thehindu.com/business/Economy/industrial-production-grows-115-in-july/article36396425.ece

https://www.reuters.com/world/china/china-july-industrial-profits-down-covid-curbs-heatwaves-hit-2022-08-27/#:~:text=In%20July%2C%20China's%20industrial%20output,year%20from%203.9%25%20in%20June.&text=Liabilities%20at%20industrial%20firms%20jumped,June%2C%20the%20statistics%20bureau%20said.

 

[beijingwalker]

Self jerking won’t work wumao, we were 11th largest in 2010, 5th largest in 2019, we’ll be 3rd largest in 2030 and its inevitable. Keep crying. Already manufacturers are pouring bllions of dollars in India into new factories. Papa Xi has already screwed your economy, now continue building tofu dreg real estate to boost up GDP .

https://www.thehindu.com/business/Economy/industrial-production-grows-115-in-july/article36396425.ece

https://www.reuters.com/world/china/china-july-industrial-profits-down-covid-curbs-heatwaves-hit-2022-08-27/#:~:text=In%20July%2C%20China's%20industrial%20output,year%20from%203.9%25%20in%20June.&text=Liabilities%20at%20industrial%20firms%20jumped,June%2C%20the%20statistics%20bureau%20said.

Lol, so what China can pull off, every country can do it too? over 10 years ago around the 2008 Beijing Olympics China was already among the world top industrial, manufacturing and trading nations, what about today's India? You can cry about whatever rate you will grow, but you need a base, don't you?

 

[Black Tornado]

Lol, so what China can pull off, every country can do it too? over 10 years ago around the 2008 Beijing Olympics China was already among the world top industrial, manufacturing and trading nations, what about today's India? You can cry about whatever rate you will grow, but you need a base, don't you?

India is already in top 5 in terms of manufacturing output, which will continue to grow faster than anything you can. Claiming that India doesn’t have a base is tofu dreg IQ level delusion .

Last I heard your GDP growth rate this quarter was less than half of 1% at 0.4% while India’s was 13.5% .

China's economy grows 0.4% in June quarter, set to miss fiscal target

China's economy logged a 2.5 per cent YoY growth in the first half of 2022, official data showed on Friday

www.business-standard.com

At 13.5% in Q1, GDP grows at fastest pace in a year - Times of India

India Business News: Data released by the National Statistical Office (NSO) showed the country's GDP rose by an annual 13.5% in the April-June quarter of the current fisca

timesofindia.indiatimes.com

Enjoy your lockdowns as Papa Xi has decided to screw Chinese economy further .

China’s Economy Faces More Damage as Megacity Chengdu Locks Down

China’s economy is bracing for more pain as the lockdown of megacity Chengdu in the west of the country damages business and consumer activity in the area and hurts sentiment more broadly across the nation.

www.bloomberg.com

 

[GamoAccu]

So much for the 5th largest economy.

 

[tower9]

I don't care about GDP number. GDP is easy to be manipulated. The real big economic power must have some commodities that are competitive in international market. Producing less competitive goods that are only sold in domestic market won't strengthen a countries economic power(e.g Soviet Union). Compared to GDP number, I care more about a country's export.

No matter how big India's GDP is, India doesn't have any product competitive in international market. We barely see anything made in India.

India is developing its industrial base and it has a large entrepreneur class. You have a very racialist delusion about certain countries which blinds you to reality. It’s only a matter of time before India becomes a massive economic player.

 

[GamoAccu]

Superpower India is #18, behind Vietnam in export.

World’s Top Export Countries 2023

World’s Top Export Countries in 2023 plus a searchable ranking of exporting nations & other key economic indicators

www.worldstopexports.com

 

[Abdul Rehman Majeed]

Superpower India is #18, behind Vietnam in export.

World’s Top Export Countries 2023

World’s Top Export Countries in 2023 plus a searchable ranking of exporting nations & other key economic indicators

www.worldstopexports.com

India joined Quad with the hope that US would move factories from China to India but US replaced Quad with AUKUS and started shifted the factories from China to Vietnam, Indonesia and Bangladesh instead.

As usual dumb Indians got egg on their face.

 

[kankan326]

India is developing its industrial base and it has a large entrepreneur class. You have a very racialist delusion about certain countries which blinds you to reality. It’s only a matter of time before India becomes a massive economic player.

India's industry system was built long ago. But it doesn't have any competitive strength. This is the reason why India refused to join in RCEP. Indian government is corrupt, incompetent and short sighted. Indians are superstitious and inefficient. How can a country like this could possibly become a big economic power?

For economic power, quality is more important than quantity. S.Korea is a much bigger economy than India in this respect.

See below video. Indians cheered for their government robbing Chinese investments in India. So far Indians and their government don't have the mindset needed to become a real big economy power.

 

[my2cents]

There should be no problem for India to enter the top three.

Well said brother.

 

[Zornix]

So much for the 5th largest economy.

View attachment 875840

They have a fast growing economy alright, but it only benefits the top 1% of their country and not the average citizen. The wealth doesn't trickle down.

 

[beijingwalker]

Superpower India is #18, behind Vietnam in export.

World’s Top Export Countries 2023

World’s Top Export Countries in 2023 plus a searchable ranking of exporting nations & other key economic indicators

www.worldstopexports.com

In global trade, Hong kong has 6 million people, can beat India's 1.4 billion people hands down.

 

[-=virus=-]

doesn't mean anything, this.

 

[bharat62]

https://twitter.com/x/status/1565708559417057281

https://twitter.com/x/status/1565516106135023616

Good news .

 

[Black Tornado]

Superpower India is #18, behind Vietnam in export.

World’s Top Export Countries 2023

World’s Top Export Countries in 2023 plus a searchable ranking of exporting nations & other key economic indicators

www.worldstopexports.com

Wonder how’s Vietnam’s GDP roughly equal to its “exports”.

They have a fast growing economy alright, but it only benefits the top 1% of their country and not the average citizen. The wealth doesn't trickle down.

The top 1% have to keep investing money into new businesses and economic activities to stay into the top 1% club. If they don’t their share prices will fall and they’ll become roadpati from crorepati. And the one who benefits is the common man, its true everywhere where there’s a strong private sector.

In global trade, Hong kong has 6 million people, can beat India's 1.4 billion people hands down.

Hong Kong is just an extension of China, exporting Chinese goods via hong kong doesn’t make any difference to us.

 

[nahtanbob]

I think it is not correct to say Indian century, ASEAN population is just 600 million people, compared to India with 1.4 billion people, less than half of India but our total GDP is still higher than India GDP.

I would say, just let China compete with USA. India competitor is basically ASEAN

It's India's century, says Bob Sternfels, CEO of McKinsey

Talking about the recession, Sternfels said the signals are mixed as zero structural unemployment in the US and in most parts of Western Europe and some inflationary signs have started tapering off.

mintgenie.livemint.com

ASEAN states are rich in natural resources on per captia basis compared to India and South Asian countries.
Can ASEAN rival India in software sector ? A lot of ASEAN states are backward - Myanmar, Cambodia, Philippines, parts of Indonesia