^^ Its a bit strange. Indian GDP in PPP terms is 2.35 times less than China. Inn terms of nominal GDP the ratio is almost 4.
http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28nominal%29
http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)
Isn't the Chinese currency supposed to be undervalued? So I would assume that PPP ration should be even more!
http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28nominal%29
http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)
Isn't the Chinese currency supposed to be undervalued? So I would assume that PPP ration should be even more!