India's Woes Make China Look Rosy

[Avenger]

What do you mean? We are not human beings to you.

Animals are also not wary about being shot.

Human beings are.

What are you trying to say and prove?

 

[Avenger]

No.

Jailing, house arrest, thrashing and people running into US diplomatic missions is common place!

how do you know that? Western media?

 

[J20!]

Yes much better to have Freedom and Starve than be regimented robots with no mind or freedom of one;s own.

Why are the Chinese wanting to leave China?

Be they Chen or Wang or the rich who can buy their Freedom if they want?

Imagine that.

They have everything in China and are well fed (if one is to believe you) and yet they hate China.

How come none wants to leave India except those for economic betterment?

This robot theory of yours is quite amusing. Sure i cant protest against the CCP, but I live my life to the full. A considerable chunk of your population cant afford dinner, let alone a night out at a club. Who's has no freedom now?

Hahaha! Do you know how many INDIAN expats there are around the globe? In Europe the States, even AFRICA? Another classic case of the pot calling the kettle black. So Indians leave India for "economic betterment and Chinese leave China for what? The right to protest in the UK somewhere? And of course if people have the money to find greener pastures they WILL expatriate. Your arguments are getting more desperate by the post. So the millions of Indians who run abroad at the first chance they get hate India as well I suppose?

 

[nrj]

Chinese economy losing some of its sizzle

Exports, which have driven the economy for the past 30 years, grew by a mere 4.9 pc last month.

As China's leaders have been preoccupied with a political struggle leading up to a once-in-a-decade leadership change this autumn, there are increasing signs that the Chinese economy may be running into trouble.

Recently, China announced that growth in imports had unexpectedly come to a screeching halt in April, rising just 0.3 per cent from the same period a year earlier, compared with expectations for an 11 per cent increase. Businesses across the country appeared to lose much of their appetite for products as varied as iron ore to computer chips.

China has been the largest single contributor to global economic growth in recent years, and a sustained slowdown in its economy could pose problems for many other countries. Particularly exposed are countries that export commodities like iron ore and oil and rely on demand from China's steel mills and ever-growing ranks of car owners.

Exports, a cornerstone of China's economic growth over the past three decades, grew 4.9 per cent last month, half as much as economists had expected.

And a slump in new orders over the past month at the Canton Fair, China's main marketplace for exporters and foreign buyers, suggests that overseas shipments by the world's second-biggest economy, after that of the United States, may not recover quickly.

Growth in other sectors appears to be slowing, too, particularly in real estate. Data showed that residential land sales in the country's 20 largest cities had fallen 92 per cent last week from the week before, as declining prices for apartments have left developers short of cash and reluctant to start further projects.

Bankers and senior executives from provinces all over China, cited a broad deterioration in business conditions. Two of them said that some tax agencies in smaller cities had been telling companies to inflate their sales and profits to make local economic growth look less weak than it really was, while reassuring the companies that their actual tax bills would be left unchanged.

There are early signs of a credit squeeze, at least among private sector companies. Many seem to be asking their suppliers for more time to pay debts and complaining of cash flow problems. "The business environment is getting tougher and tougher," said Tom Zhang, the sales manager at the Hebei Haihao High Pressure Flange and Pipe Fitting Group.

"Competition is very intense to get more business. Our domestic sales are down from last year, though our export sales are more or less stable," he said.

Some sectors are faring better. Car sales rose 12.5 per cent in April from a year earlier, according to the Chinese Association of Automobile Manufacturers. The country's National Bureau of Statistics have said that inflation in consumer prices slowed to 3.4 per cent in April from 3.6 per cent in March. The fading of inflation pressures makes it easier for the government to stimulate the economy without pushing up prices.

China has noticeably not loosened monetary policy in recent months to mitigate the economic slowdown. The government had been moving toward easing through the winter, lowering cash reserve requirements for banks in November and most recently in February, so that the banks could lend more.

But the government has left the reserve ratio unchanged since then. It has also left regulated interest rates unchanged at the fairly high levels set last July, when the economy was much stronger. Changes in the reserve ratio or interest rates are ultimately decided not by the central bank in China but by the country's political leadership.

The government's inactivity has coincided with the biggest political drama in China in more than a decade: the ouster of Bo Xilai, a leading advocate of renewed government control over the economy and public life. "We have a lot of room to adjust the reserve ratio," Zhou said at the time.

"On the other hand, it is necessary to see whether there is a necessity to adjust." Stock market investors appeared to be betting that Chinese leaders would be forced to ease policy in response to the latest trade figures. After early gains, the Shanghai and Shenzhen stock markets dropped sharply in late morning when the export and import statistics were released. But both markets later rebounded, and they closed the day little changed.

GaveKal Dragonomics, a research firm specialising in the Chinese economy, said in a report that it was "still true the Chinese leadership's obsession with growth and stability is heightened during transition years. This makes it implausible that the leadership would allow the economy to collapse while they fight over who gets what job".

The sectors doing best in China these days seem to be connected to state-owned enterprises and local governments, which continue to enjoy preferential access to loans from the state-controlled banking system. Projects like rail construction and low-income housing continue to move ahead.

But Chinese officials have long tracked prices of industrial commodities and activities like electricity consumption for signs of the economy's health, said Andy Xie, an independent economist based in Shanghai. Growth in electricity consumption has been slowing.

Chinese economy losing some of its sizzle


Add poor credit growth in above leading to dismal performance by the big four chinese banks.

 

[nrj]

This robot theory of yours is quite amusing. Sure i cant protest against the CCP, but I live my life to the full. A considerable chunk of your population cant afford dinner, let alone a night out at a club. Who's has no freedom now?

Freedom does not mean going out in pub or splurging money on strippers.

It means ability to make your own choice including the career stream & outright opposition to state interest to loot your land and throw away in some other place where you earn limited working something you may not like. It means participating local market bodies and filing suites against unfavorable government policies which directly affects your livelihood. Our farmers do not tolerate forcibly selling land to government only to work in some sweatshop producing counterfeited crap.

 

[Ray]

This robot theory of yours is quite amusing. Sure i cant protest against the CCP, but I live my life to the full. A considerable chunk of your population cant afford dinner, let alone a night out at a club. Who's has no freedom now?

Hahaha! Do you know how many INDIAN expats there are around the globe? In Europe the States, even AFRICA? Another classic case of the pot calling the kettle black. So Indians leave India for "economic betterment and Chinese leave China for what? The right to protest in the UK somewhere? And of course if people have the money to find greener pastures they WILL expatriate. Your arguments are getting more desperate by the post. So the millions of Indians who run abroad at the first chance they get hate India as well I suppose?

What a blast!

Living life in fear of doing something that is not viewed well by the CCP is a great form of Freedom

Even Bo was snuffed out because he went on a different course - a course that Mao and the original Communists espoused.

You are like leaves in the breeze.

Always worried!

A beautiful way to live!

 

[J20!]

I do not know if 1/3rd of chinese population got shot, in all probability even you don't know that.

I know 1/3 of the Indian population face starvation and poor education as well as poor medical services. If you're one of the 400 million poor in India, your son is most likely to die from malnutrition and disease.

 

[Ray]

For caged people pubs is freedom.

Or being frogmarched through life!

 

[J20!]

What a blast!

Living life in fear of doing something that is not viewed well by the CCP is a great form of Freedom

Even Bo was snuffed out because he went on a different course - a course that Mao and the original Communists espoused.

You are like leaves in the breeze.

Always worried!

A beautiful way to live!

What fear? I'm guessing you mean the fear of not being able to provide even a morsel of food to your children the next day? You are Indian, for all we know you are the 1 in 3 of India who live in poverty.

What a beautiful way to live.

 

[Ray]

Images of RICH China.

They are so happy, well fed and have hospital services just next to their homes!

 

[nrj]

I know 1/3 of the Indian population face starvation and poor education as well as poor medical services. If you're one of the 400 million poor in India, your son is most likely to die from malnutrition and disease.

Is that what CCP propaganda teaches in its weekend class now?

Good to know that I personally figure on their radar

 

[J20!]

For caged people pubs is freedom.

Or being frogmarched through life!

Your agility in dodging questions is breath-taking...

Its so sad to see a "moderator" being such a frequent OFF-TOPIC kinda guy.

 

[nrj]

Images of RICH China.

They are so happy, well fed and have hospital services just next to their homes!

:shocked: :shocked:

I was being preached that All izz Well in China !

 

[J20!]

Is that what CCP propaganda teaches in its weekend class now?

Good to know that I personally figure on their radar

BBC News - 'More poor' in India than Africa

The Indian states, including Bihar, Uttar Pradesh and West Bengal, have 421 million "poor" people, the study found.

I love how everything you don't like is "propaganda". And Ray says Indians "aren't afraid to discuss the warts" Hahaha! Pure bull.

 

[Ray]

Facts about China: RICH, POOR & INEQUALITY

POVERTY & RISING LIVING STANDARDS

Between 1981 and 2005, an estimated 600 million Chinese people moved out of poverty (US$1/day) and China's poverty rate dropped from 85% to 15%.
[World Bank report; Wikipedia "Poverty in People's Republic of China" ]

According to China's official statistics, between 1978 to 2007:
"¢ China's per capita rural net income increased from 133RMB to 4,140RMB.

"¢ China's per capita urban disposable income increased from 343RMB to 13,785RMB.

"¢ Per capita rural housing space increased from 8.1 to 31.6 square meters.

"¢ Per capita urban housing space increased from 4.2 to 22.6 square meters.

Between 1985 to 2007:
"¢ China's ownership of color TV per 100 families increased from 0.8 to 94.4 (rural families) and 17.2 to 137.8 (urban).

"¢ China's ownership refrigerator per 100 families increased from 0.1 to 26.1 (rural families) and 6.6 to 95 (urban).

Between 2000 to 2007, China's car ownership per 100 families increased from 0.5 to 6.06.
[ China National Bureau of Statistics, 2008; China Statistical Yearbook 2008 ]

China has more people who aspire to own a car, but currently do not, than any other country in the world, according to the research company AC Nielsen.
[BBC News "Cracking China's car market" May 17, 2007 ]

Click here for more on China's Exploding Car Culture in China Facts: TRANSPORTATION & CARS.


Only about 20% of Chinese own a credit card, according to a CCTV survey.
[ Xinhuanet News, September 14, 2007 ]


China has 38% savings rate, one of the highest in the world—due in part to the fact that there is no national safety net. Other savings rates: India (34.7%), Germany (11.7%), Britain (7%), U.S. (3.9%), Australia (2.5%).
[ Businessweek, June 10, 2010 ]

China facts: POOR & POVERTY STATISTICS


China has about 150 million people living below the United Nations poverty line of one US dollar a day.
[ Wikipedia "Income Inequality in China"; China Development Research Foundation Feb 2011 report ]


Nearly 500 million Chinese people live on less than $2 a day.
[ BBC News "Millions 'left behind' in rural China" May 12, 2010 ]


85% of China's poor live in rural areas, with about 66% concentrated in the country's west.
[China Development Research Foundation Feb 2011 report ]

99% of China's poor live in or come from rural areas, according to national statistics, which count migrant workers in cities among the rural, not urban poor. Even if migrant workers are excluded from the rural population, 90% of poverty is still rural.
[ Wall Street Journal "Facts About Poverty in China Challenge Conventional Wisdom" April 13, 2009 ]


Over half of China's population lives in rural areas"¦but they share less than 12% of the country's wealth.
[ The Telegraph UK "China's wealth gap the widest since economic reforms began" March 2, 2010 ]


Levels of poverty are higher and more severe in China's western regions, but nearly half of the poor are in other parts of the country.
[ Wall Street Journal "Facts About Poverty in China Challenge Conventional Wisdom" April 13, 2009 ]

Up to 200 million Chinese workers and peasants suffer from occupational ailments, according to data from the Ministry of Health.
[ Wall Street Journal "Rich China, Poor Peasants" July 24, 2009 ]

China facts: MIDDLE CLASS


China's middle class is estimated to between 100 million and 150 million people.
[ National Geographic, "China's Middle Class" May 2008]


China has about 55 million middle-class households, according to McKinsey & Company, which wrote: "That number could more than quadruple to nearly 280 million in 2025, to account for more than three-quarters of all China's urban households."
[ McKinsey & Co. "Comparing urbanization in China and India" July 2010 ]

China facts: GROWING INCOME INEQUALITY

China ranks #53 worst worldwide in terms of income inequality, with a Gini index (measuring wealth inequality) of 41.5. In comparison, the U.S. ranks #40 worst with a Gini index of 40.
[ CIA World Factbook, accessed March 2011 ]

In the mid-2000s, China's top 10 percent of the population controlled 45 percent of the country's wealth.
[ China's National Bureau of Statistics ]


In 2009, China's urban per capita annual income of about US$2,500 was nearly three times that of rural residents. The gap is much more extreme in larger, wealthier cities such as Beijing ($9,085 in 2008) and Shanghai ($10,529 in 2008).
[ China's National Bureau of Statistics ]


The average annual income in China's cities is now more than three times the average income in the countryside, according to the National Bureau of Statistics.
China Daily, the government-run newspaper, reported that it was the widest disparity for more than three decades.
[ The Telegraph UK "China's wealth gap the widest since economic reforms began" March 2, 2010 ]

China's poverty among ethnic minorities is two to three times higher than among the Han Chinese.
[ Wall Street Journal "Facts About Poverty in China Challenge Conventional Wisdom" April 13, 2009 ]

 

[nrj]

BBC News - 'More poor' in India than Africa

Nobody cares about BBC even in UK, you are late.

I love how everything you don't like is "propaganda". And Ray says Indians "aren't afraid to discuss the warts" Hahaha! Pure bull.

Go check Indian media sites, you will find them full of criticizing govt & correcting it.

Ray sir is right, its called Free World. We are not afraid to discuss it because there are no tanks waiting to crush us.

Try doing something similar in China.

 

[Ray]

http://www.china-mike.com/facts-about-china/facts-rich-poor-inequality/

 

[J20!]

Images of RICH China.

They are so happy, well fed and have hospital services just next to their homes!

Go MODERATOR go!!! Off topic he flies!!! You could find such pictures about almost every country on earth, doesn't mean we have the largest population of poor (even more than Africa combined) as is the case with India. I'm guessing seeing poverty that isn't Indian makes you sleep better at night?

 

[nrj]

Go MODERATOR go!!! Off topic he flies!!! You could find such pictures about almost every country on earth, doesn't mean we have the largest population of poor

Who told you that? ChinaDaily ?

 

[J20!]

Facts about China: RICH, POOR & INEQUALITY

POVERTY & RISING LIVING STANDARDS

Between 1981 and 2005, an estimated 600 million Chinese people moved out of poverty (US$1/day) and China's poverty rate dropped from 85% to 15%.
[World Bank report; Wikipedia "Poverty in People's Republic of China" ]

According to China's official statistics, between 1978 to 2007:
"¢ China's per capita rural net income increased from 133RMB to 4,140RMB.

"¢ China's per capita urban disposable income increased from 343RMB to 13,785RMB.

"¢ Per capita rural housing space increased from 8.1 to 31.6 square meters.

"¢ Per capita urban housing space increased from 4.2 to 22.6 square meters.

Between 1985 to 2007:
"¢ China's ownership of color TV per 100 families increased from 0.8 to 94.4 (rural families) and 17.2 to 137.8 (urban).

"¢ China's ownership refrigerator per 100 families increased from 0.1 to 26.1 (rural families) and 6.6 to 95 (urban).

Between 2000 to 2007, China's car ownership per 100 families increased from 0.5 to 6.06.
[ China National Bureau of Statistics, 2008; China Statistical Yearbook 2008 ]

China has more people who aspire to own a car, but currently do not, than any other country in the world, according to the research company AC Nielsen.
[BBC News "Cracking China's car market" May 17, 2007 ]

Click here for more on China's Exploding Car Culture in China Facts: TRANSPORTATION & CARS.


Only about 20% of Chinese own a credit card, according to a CCTV survey.
[ Xinhuanet News, September 14, 2007 ]


China has 38% savings rate, one of the highest in the world—due in part to the fact that there is no national safety net. Other savings rates: India (34.7%), Germany (11.7%), Britain (7%), U.S. (3.9%), Australia (2.5%).
[ Businessweek, June 10, 2010 ]

China facts: POOR & POVERTY STATISTICS


China has about 150 million people living below the United Nations poverty line of one US dollar a day.
[ Wikipedia "Income Inequality in China"; China Development Research Foundation Feb 2011 report ]


Nearly 500 million Chinese people live on less than $2 a day.
[ BBC News "Millions 'left behind' in rural China" May 12, 2010 ]


85% of China's poor live in rural areas, with about 66% concentrated in the country's west.
[China Development Research Foundation Feb 2011 report ]

99% of China's poor live in or come from rural areas, according to national statistics, which count migrant workers in cities among the rural, not urban poor. Even if migrant workers are excluded from the rural population, 90% of poverty is still rural.
[ Wall Street Journal "Facts About Poverty in China Challenge Conventional Wisdom" April 13, 2009 ]


Over half of China's population lives in rural areas"¦but they share less than 12% of the country's wealth.
[ The Telegraph UK "China's wealth gap the widest since economic reforms began" March 2, 2010 ]


Levels of poverty are higher and more severe in China's western regions, but nearly half of the poor are in other parts of the country.
[ Wall Street Journal "Facts About Poverty in China Challenge Conventional Wisdom" April 13, 2009 ]

Up to 200 million Chinese workers and peasants suffer from occupational ailments, according to data from the Ministry of Health.
[ Wall Street Journal "Rich China, Poor Peasants" July 24, 2009 ]

China facts: MIDDLE CLASS


China's middle class is estimated to between 100 million and 150 million people.
[ National Geographic, "China's Middle Class" May 2008]


China has about 55 million middle-class households, according to McKinsey & Company, which wrote: "That number could more than quadruple to nearly 280 million in 2025, to account for more than three-quarters of all China's urban households."
[ McKinsey & Co. "Comparing urbanization in China and India" July 2010 ]

China facts: GROWING INCOME INEQUALITY

China ranks #53 worst worldwide in terms of income inequality, with a Gini index (measuring wealth inequality) of 41.5. In comparison, the U.S. ranks #40 worst with a Gini index of 40.
[ CIA World Factbook, accessed March 2011 ]

In the mid-2000s, China's top 10 percent of the population controlled 45 percent of the country's wealth.
[ China's National Bureau of Statistics ]


In 2009, China's urban per capita annual income of about US$2,500 was nearly three times that of rural residents. The gap is much more extreme in larger, wealthier cities such as Beijing ($9,085 in 2008) and Shanghai ($10,529 in 2008).
[ China's National Bureau of Statistics ]


The average annual income in China's cities is now more than three times the average income in the countryside, according to the National Bureau of Statistics.
China Daily, the government-run newspaper, reported that it was the widest disparity for more than three decades.
[ The Telegraph UK "China's wealth gap the widest since economic reforms began" March 2, 2010 ]

China's poverty among ethnic minorities is two to three times higher than among the Han Chinese.
[ Wall Street Journal "Facts About Poverty in China Challenge Conventional Wisdom" April 13, 2009 ]

And of everything you've metioned, where is India better than China? 150 million poor vs 421 million maybe? Is the gap between rich and poor better in India? Where do India's poor come from? The cities? Has India raised 600 million people out of poverty lately?

Even your own posts contradict you claim of India somehow being superior...