India to outpace China in growth rate in 2015-15, ADB says

[Genesis]

so for 178 China growth will be at 7% that's overstatement . China is still reaping the benefits of cheap labour the next decade is vital for China. The next decade will decide if China can go above cheap labour policy or get engulfed by her neighbour.

again what's your definition of cheap? ASEAN and South Asia, as well as Africa is definitely way cheaper, three to five times cheaper in terms of wages in fact. However, is it that much cheaper overall? There's a ton of other factors like supply chain, skilled worker, market, taxes, automation, innovation and more.


There's a few good articles to consider.

The End Of Cheap China. But What Next? - Forbes
Global manufacturing: Made in China? | The Economist

When you don't know how to spell 'economics', it is better to keep your mouth shut.

come on man, no need to be like that, I would never insult someone's English on this forum, due to the fact English may be their second language or even third or fourth.

If you disagree, prove it with facts, if you don't want to, just leave it.

 

[Patriot69]

Asia Development Bank? Is this the new bank?

 

[WAR-rior]

China's GDp(10.2 trillion) is 5 times of India(2 trillion), CHina's 7%increase =35% India's increase, if China 7% and India 8% then India will catch up China 175 years later
Best wishes

And your really believe that i how nominal GDP is compared? Damn Chinese Economics.

LMAO @ the double digit obsession. Talk about priorities.

We must actually learn from Pakistan about prioritising. I totally agree with you.

 

[by78]

India will overtake China in most of the fields !

India to become superpower by 2012: Kalam - timesofindia-economictimes

 

[Luca1]

not when India "will overtake China in most of the fields!"

Indians are obsess with China.

 

[Beast]

Unless China is willing to put in lots of money to help India build a mass range of infrastructure.

Without the infrastructure support, even the cheapest wages is useless. For example , power shortage is a massive problem in India. You can build 100 new factories but lacking power will hinder all their production and deter investor.

 

[Luca1]

Unless China is willing to put in lots of money to help India build a mass range of infrastructure.

Without the infrastructure support, even the cheapest wages is useless. For example , power shortage is a massive problem in India. You can build 100 new factories but lacking power will hinder all their production and deter investor.

India can be a superpower without getting into these detail. For India, it's the recognition that count. The life's of their lowest castes do not matter.

 

[Keel]

so for 178 China growth will be at 7% that's overstatement . China is still reaping the benefits of cheap labour the next decade is vital for China. The next decade will decide if China can go above cheap labour policy or get engulfed by her neighbour.

When you don't know how to spell 'economics', it is better to keep your mouth shut.

Challenge @xuxu1457 with your math / econ deductions not trivial under the belt fight

@xuxu1457's calculation is perfect (rounding down the places behind the decimal)

China art print painting


Indian members never get enlightened by this
List of countries by real GDP growth rate - Wikipedia, the free encyclopedia

Lets have these countries laughing at the Indians:
Growth rate (GDP) 2013
1

South Sudan 23.70%
2

Sierra Leone 13.30%
3

Turkmenistan 12.20%
4

Paraguay 12.00%
5

Macau 11.90%
6

Mongolia 11.80%

and more!

 

[browser]

China's GDp(10.2 trillion) is 5 times of India(2 trillion), CHina's 7%increase =35% India's increase, if China 7% and India 8% then India will catch up China 175 years later
Best wishes

I just point out the Relative velocity， just as I am still not sure that China's GDp will > US's GDP, since if US increases 4% per year then China will take more time to catch up, if any one feel not happy I am sorry

Got to give the upper middle class population something to feel good about !

Indian media puts nothing in context when publishing stuff. Reprinting a ADB paper to fill pages is cheap and easy.

More importantly, 98% of Indians don't read English newspapers and local language news rarely covers this kind of bull.

 

[Roybot]

LMAO @ the double digit obsession. Talk about priorities.

Yeah we know growing economy is at the bottom of Pakistan's priority list.

 

[utraash]

These are just projections let us walk the talk until we transform it into reality till then be just quiet......

 

[dray]

Challenge @xuxu1457 with your math / econ deductions not trivial under the belt fight

@xuxu1457's calculation is perfect (rounding down the places behind the decimal)

China art print painting


Indian members never get enlightened by this
List of countries by real GDP growth rate - Wikipedia, the free encyclopedia

Lets have these countries laughing at the Indians:
Growth rate (GDP) 2013
1

South Sudan 23.70%
2

Sierra Leone 13.30%
3

Turkmenistan 12.20%
4

Paraguay 12.00%
5

Macau 11.90%
6

Mongolia 11.80%

and more!

We have a term in Hindi for your condition; 'Chauthi fail'. I have already explained so many times here about why you cannot arrive at gdp growth rate with such simple compounding calculation. But you and your compatriots don't come here to learn, trolling is more fun, right? In any case it would be a total waste of tome to discuss gdp calculations with someone who don't understand the difference between real and nominal gdp growth rate. Have fun.

 

[Keel]

We have a term in Hindi for your condition; 'Chauthi fail'. I have already explained so many times here about why you cannot arrive at gdp growth rate with such simple compounding calculation. But you and your compatriots don't come here to learn, trolling is more fun, right? In any case it would be a total waste of tome to discuss gdp calculations with someone who don't understand the difference between real and nominal gdp growth rate. Have fun.

I think it is you who misunderstand what all @xuxu1457 calculation was all about
It was based on an assumption
Growth rate is meaningliss when the base of your gdp is 5 times smaller and I have quoted the gdp growth rates of other
even smaller territories which all have phenonmenal growth rates at double digits
Give us a break when all you guys attention is to beat us @ gdp growth rates, then how much do you care about other important economic factors like per capita gdp; budget deficits, inflation FX reserve etc

Yellow River
Ink and brush painting

 

[Great Sachin]

Asia Development Bank? Is this the new bank?

Yes...jaa ke khata khulaa le 100 rupee me

Indians are obsess with China.

you think that way...India take China as inspiration......only in economic growth nothing else

 

[Patriot69]

Yellow River
Ink and brush painting

Thats an ulgy aśś painting. Please stop torturing us with these.