China Economy: News & Discussion

[jai jaganath]

Well, everything points a much bigger economy consumption-wise than just 5 times. For example, China consumes 13 times more cars than India but the average price of the model sold are around five times more. The amount of revenue generated is 65 times more for the Chinese industry compared to the Indian one

Top selling car in China:
View attachment 197646

Top selling car in India:
View attachment 197647

View attachment 197648

Who buys alto and 800 today
Pls correct yourself your search is wrong
Yes they had large no of sales for as they were released in 1998
Even in 2008 this became obsolete
Pls correct your search or write properly
It wrong

 

[jai jaganath]

Well, everything points a much bigger economy consumption-wise than just 5 times. For example, China consumes 13 times more cars than India but the average price of the model sold are around five times more. The amount of revenue generated is 65 times more for the Chinese industry compared to the Indian one

Top selling car in China:
View attachment 197646

Top selling car in India:
View attachment 197647

View attachment 197648

 

[jai jaganath]

View attachment 197650

This generalized not particular hatchback or suv or sedan just common
And this is yoy data not of whole year
I mean only December not whole year's

 

[jai jaganath]

Well, everything points a much bigger economy consumption-wise than just 5 times. For example, China consumes 13 times more cars than India but the average price of the model sold are around five times more. The amount of revenue generated is 65 times more for the Chinese industry compared to the Indian one

Top selling car in China:
View attachment 197646

Top selling car in India:
View attachment 197647

View attachment 197648

This is half yearly data
Wagon r u see us for can purposebut general population doesn't buy much bcoz good vehicles available at same prize

 

[srevster]

Well, everything points a much bigger economy consumption-wise than just 5 times. For example, China consumes 13 times more cars than India but the average price of the model sold are around five times more. The amount of revenue generated is 65 times more for the Chinese industry compared to the Indian one

Top selling car in China:
View attachment 197646

Top selling car in India:
View attachment 197647

View attachment 197648

Under Ashoka, Chandragupta, India accounted for 32% of the world's GDP

This period saw the expansion of agriculture, the growth of population and settlement sizes, craft specialization, the emergence of writing and a surge of internal and external trade.

theprint.in

 

[srevster]

India conquers current account deficit hurdle — is a surplus likely in the coming months

India has always had a twin deficit problem, fiscal deficit and current account deficit. The good news emerging now is that the current account is fast turning a surplus boosted by sharp growth in services exports.

www.cnbctv18.com

 

[SexyChineseLady]

Who buys alto and 800 today
Pls correct yourself your search is wrong
Yes they had large no of sales for as they were released in 1998
Even in 2008 this became obsolete
Pls correct your search or write properly
It wrong

This is not correct? I was using Google for general search nothing in depth:

 

[jai jaganath]

This is not correct? I was using Google for general search nothing in depth:
View attachment 197676

Doesn't seem to be I have given data which is mostly reliable u can check

 

[BhumiPutra627]

India conquers current account deficit hurdle — is a surplus likely in the coming months

India has always had a twin deficit problem, fiscal deficit and current account deficit. The good news emerging now is that the current account is fast turning a surplus boosted by sharp growth in services exports.

www.cnbctv18.com

Such a good article. Considering the fact that CAD is such a big concern for us, this gave a sigh of relief.

It's a shame, had to visit Chinese Economy thread to read such a great news about India. Please share it on Indian Economy thread whenever you find fit.

 

[srevster]

Such a good article. Considering the fact that CAD is such a big concern for us, this gave a sigh of relief.

It's a shame, had to visit Chinese Economy thread to read such a great news about India. Please share it on Indian Economy thread whenever you find fit.

Offense is best defense. They don’t gloat as much as they used to when I share the news here.

 

[karn]

This is not correct? I was using Google for general search nothing in depth:
View attachment 197676

This is cumulative .. Alto was a very popular cheap car back in the early 2010s .
Current data is very different

Top 25 Selling Cars in India for December 2022

The Top 25 Selling Cars constituted near to 77% of the cars sold in December 2022. It had 10 models from Maruti, 4 from Hyundai and Mahindra, 3 from Tata, and 2 from Kia & Toyota. In terms of volumes, Maruti Suzuki models contributed over 49 percent to the Top 25!Maruti Baleno retained the No.1...

www.autopunditz.com

Apparently this is the best selling car

Maruti Baleno Price (April Offers!) - Images, Reviews, Colours & Top Model Suzuki Nexa

Maruti Baleno price starts at ₹ 6.66 Lakh in New Delhi. Checkout Maruti Baleno images, reviews, colours, variants and on-road price at Cardekho.

www.cardekho.com

The top line version of this is around 12000 USD . (After tax and other BS 15K on road)
You'll chinese are making the same mistake of underestimating us the way the west underestimated you .
But that is ok for us .. it is a good thing to be underestimated.

 

[srevster]

This is cumulative .. Alto was a very popular cheap car back in the early 2010s .
Current data is very different

Top 25 Selling Cars in India for December 2022

The Top 25 Selling Cars constituted near to 77% of the cars sold in December 2022. It had 10 models from Maruti, 4 from Hyundai and Mahindra, 3 from Tata, and 2 from Kia & Toyota. In terms of volumes, Maruti Suzuki models contributed over 49 percent to the Top 25!Maruti Baleno retained the No.1...

www.autopunditz.com

Apparently this is the best selling car

Maruti Baleno Price (April Offers!) - Images, Reviews, Colours & Top Model Suzuki Nexa

Maruti Baleno price starts at ₹ 6.66 Lakh in New Delhi. Checkout Maruti Baleno images, reviews, colours, variants and on-road price at Cardekho.

www.cardekho.com

The top line version of this is around 12000 USD . (After tax and other BS 15K on road)
You'll chinese are making the same mistake of underestimating us the way the west underestimated you .
But that is ok for us .. it is a good thing to be underestimated.

After India it will be Africa, but we will be number 1 for long time because of population and demographics. China screwed itself with social engineering

 

[karn]

After India it will be Africa, but we will be number 1 for long time because of population and demographics. China screwed itself with social engineering

*Looks at Pakistan* .. Probably need more than that.

 

[srevster]

*Looks at Pakistan* .. Probably need more than that.

Nah Africa has resources and the politicians are getting more savvy with local resources. Pakistan is exception because it is obsessed more with India than it’s own wellbeing

 

[karn]

As a primer to all the black pill suppository enjoyers here.

related

 

[SexyChineseLady]

You'll chinese are making the same mistake of underestimating us the way the west underestimated you .
But that is ok for us .. it is a good thing to be underestimated.

Seeing the numbers of Indians in a Chinese economy thread posting stuff from obviously anti-Chinese Youtube channels, I think you are underestimating China as much as the West did!

If India were doing well, you'd spend your time posting your good news in the Indian economy thread instead of feeling the need to attack the Chinese economy in the Chinese thread

 

[Shuturmurg]

 

[SexyChineseLady]

Entering another industrial sector -- civilian airliner turbofans!

 

[SexyChineseLady]

For the 2023 financial year, the World Bank income divisions among countries are as follows:

• Low-income economies — GNI per capita of up to $1,085 in 2021 (in USD)
• Lower-middle-income economies — GNI per capita of $1,086 to $4,255
• Upper-middle-income economies — GNI per capita of $4,256 to $13,205
• High-income economies — GNI per capita of $13,206 or more

It looks like China will become a high income nation in a few years time

Also, a lot of cities in China are way past the high income threshold:

Middle income trap? Doesn't apply to China now any more than it applied to Japan, Korea or Hong Kong when they started growing

 

[srevster]

China's super rich population drops as tech crackdown, global factors hurt wealth

www.deccanherald.com