Since there were so many negative aspect of Chinese economy posted by Indian members of this forum, so I would like to hypothesize the scenario Indian member describe that Chinese economy crash.
There is just this very nature of thing that can not be change. India's GDP(exchange rate) size is about only 1/4 of China.
Chinese GDP is the following according to CIA World Factbook.
India's GDP is the following according CIA World Factbook:
Wow, so all the comparing is just sad, Chinese economic size is less than even half of US GDP.
$5.878 trillion vs $14.66 trillion... Wow, after the so-call maracle, Chinese economy is just about 40% of United States, and US population is only about 1/4 of China.
So let stop talking about how doom or great China's or India's economy is. The real giant is United States of America.
We are all developing countries, and let us all be realistic about our economic and military capability. Other Chinese poster should also aware that we are so far behind because 30yr of failure during Mao's reign. Last 30 yrs development is a prove of Chinese nation's true potential, let us all work hard. We should all condemn Mao, he is not really the person some member here should respect. He ruin this great nation. Deng in comparison, worth much more respect. However, China's future should lies on hand of Chinese people not Nobles in Beijing. The entire politburo(政治局） are full of 红二代, we are still rule under the feudal system that few interest are place above well-being of all. One of most corrupted example of is former premier æŽé¹ï¼ˆLi Peng)， his family control so much national asset. His daughter æŽå°ç³ is head of ä¸å›½å›½é™…电力集团 and his son æŽå°é¹ was head of ä¸å›½åŽèƒ½é›†å›¢ï¼ˆthe biggest electricity company in China). His son now quit his electricity job and go directly become deputy president of Shanxi province.
There is just this very nature of thing that can not be change. India's GDP(exchange rate) size is about only 1/4 of China.
Chinese GDP is the following according to CIA World Factbook.
| GDP (official exchange rate): | |
| $5.878 trillion (2010 est.) |
| GDP (purchasing power parity): | |
| $10.09 trillion (2010 est.) country comparison to the world: 3 $9.144 trillion (2009 est.) $8.374 trillion (2008 est.) |
India's GDP is the following according CIA World Factbook:
| GDP (purchasing power parity): | |||||
| $4.06 trillion (2010 est.) country comparison to the world: 5 $3.679 trillion (2009 est.) $3.447 trillion (2008 est.) note: data are in 2010 US dollars | |||||
| GDP (official exchange rate): | |||||
| $1.538 trillion (2010 est.) According to this data, let us make a very bold assumption that China's GDP growth will stall at 0%(adjusted to inflation) annually for the next 10 yrs(very highly unlikely). India will grow at 10%(adjusted to inflation) annually for 10 yrs. Let us calculate the result after 10 yrs. 10% growth: (1+0.10)^10=2.5937424601 0% growth: (1+0.00)^10=1.00 India's GDP(exchange rate) was $1.538 trillion (2010 est.), so let us calculate: 1.538*2.5937424601=3.9891759036338 oops, that is about 2/3 of Chinese 2010's GDP. However, comparing GDP(exchange rate) may not be fair. So let compare the GDP(purchasing power) 4.06*2.5937424601=10.530594388006 Wow, India actually surpass China by 500 billion dollar in respect of GDP(purchasing power). Okay, so I come to a conclusion this title is wrong, it is mathematically possible for India close the gap if Chinese economy stall for 10 yrs with 0% annual growth and India grow by 10% annually for 10yrs. However, all the comparison above is just a joke when we compare to the real giant. United States of America. My very act of comparing China and India seem so pathetic. United States' GDP is the following according to CIA World Factbook.
|
Wow, so all the comparing is just sad, Chinese economic size is less than even half of US GDP.
$5.878 trillion vs $14.66 trillion... Wow, after the so-call maracle, Chinese economy is just about 40% of United States, and US population is only about 1/4 of China.
So let stop talking about how doom or great China's or India's economy is. The real giant is United States of America.
We are all developing countries, and let us all be realistic about our economic and military capability. Other Chinese poster should also aware that we are so far behind because 30yr of failure during Mao's reign. Last 30 yrs development is a prove of Chinese nation's true potential, let us all work hard. We should all condemn Mao, he is not really the person some member here should respect. He ruin this great nation. Deng in comparison, worth much more respect. However, China's future should lies on hand of Chinese people not Nobles in Beijing. The entire politburo(政治局） are full of 红二代, we are still rule under the feudal system that few interest are place above well-being of all. One of most corrupted example of is former premier æŽé¹ï¼ˆLi Peng)， his family control so much national asset. His daughter æŽå°ç³ is head of ä¸å›½å›½é™…电力集团 and his son æŽå°é¹ was head of ä¸å›½åŽèƒ½é›†å›¢ï¼ˆthe biggest electricity company in China). His son now quit his electricity job and go directly become deputy president of Shanxi province.
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