India can beat Asian peers, even China: Morgan Stanley

[Rage]

FDI in Q1 FY 09 exceeds total inflows in 2005-06: RBI

*Total FDI inflows into the country in the April-June period was $10.073 bn, nearly 1bn more than the total FDI inflows--$8.961 bn, reached in the 2005-06 period


Mumbai: India is rapidly catching up with China in the flow of Foreign Direct Investment as it crossed $10 billion in the first quarter of this fiscal.

Foreign Direct Investment (FDI) in the first quarter of FY 09 has far exceeded the total FDIs flows received by the domestic economy in the financial year 2005-06, Reserve Bank data said.

The total FDI inflows into the country in the April-June period amounted to $10.073 billion, nearly one billion more than the total FDI inflows--$8.961 billion, reached in the 2005-06 period, RBI said in its August report.

The FDI flow into India was less than $10 billion annually until 2005-06. It shot up to $22 billion in 2006-07 and $32 billion in 2007-08. China has averaged $50 billion annually in the past decade.

If the first quarter trend continued, India could cross this fiscal $40 billion mark in FDI annual inflow for the first time.

FDI flows, during April-June, almost doubled when compared to the same quarter of FY 08, $5 billion. Of the total FDIs reached here in the April-June period this fiscal, around $2.253 billion was on account of the acquisition of shares of Indian companies by foreign entities, RBI said.

While the momentum in the foreign direct investment is expected to continue in the remaining quarters of FY 09 on the back of a strong domestic demand, the pace of the growth may be a little lower compared to the preceeding months on account of the global recession, the RBI said.


FDI in Q1 FY 09 exceeds total inflows in 2005-06: RBI - Home - livemint.com

 

[thakur_ritesh]

FDI in Q1 FY 09 exceeds total inflows in 2005-06: RBI

Foreign Direct Investment (FDI) in the first quarter of FY 09 has far exceeded the total FDIs flows received by the domestic economy in the financial year 2005-06, Reserve Bank data said.

The total FDI inflows into the country in the April-June period amounted to $10.073 billion, nearly one billion more than the total FDI inflows--$8.961 billion, reached in the 2005-06 period, RBI said in its August report.[/url]

rage,

i am a little confused as what would the author mean when it is said the figure is for the first quarter of the fiscal 09. does it mean for the period april-june 2008 or 2009, because if it imples for the present fiscal then we are still into the 1st quarter so are these figures for the first 2 months of the ist quarter.

 

[Rage]

rage,

i am a little confused as what would the author mean when it is said the figure is for the first quarter of the fiscal 09. does it mean for the period april-june 2008 or 2009, because if it imples for the present fiscal then we are still into the 1st quarter so are these figures for the first 2 months of the ist quarter.

thakur,

The article was published in late August 2008. It would appear therefore that the author has taken the latter part of the term 'fiscal year 2008-2009' to imply or FY09 or 'Fiscal Year 09', as indeed is common parlance among economists in most countries.

The article evaluates FDI inflows for the the period April-June 2008.

 

[badguy2000]

This is a slightly dated article (Feb 2007), but I post it here nevertheless. It proffers an interesting analysis of India's 10-year stock market performance measured via ETF's through the MSCI indices vis-a-vis the other BRIC countries, and a comparison of the Barclay’s iPath ETN and Morgan Stanley managed CEF investment funds:

x-x-x-x-x-x-x-x-x-x-x-x-x


Shadowed By the China Craze, India Outperforms




India ETFs: Full Steam Ahead or Due For a Correction? -- Seeking Alpha

well, CHinese stock market is just a big casino without effective regulations.
any wise man should be keep himself away from the big casino.
always,the performance of CHInese stock market has nothing to do with the performance of its economy.

 

[Rage]

well, CHinese stock market is just a big casino without effective regulations.
any wise man should be keep himself away from the big casino.
always,the performance of CHInese stock market has nothing to do with the performance of its economy.

Well, ours does...

Shuvey?

 

[Rage]

economy is a fair play ..no pains ,no gain.

1.west guys live more cozyly today, not due to their "working smart",but because their fathers and grandfather worked hard and left them thick fat.

the so called " working smart" make jobs in developed countrieds flow into China and make their industry base weakened.

In short time, it seems that Chinese work hard and gain little and west guys gain much by working smart".


but in long term, when the fat their elder left is gone, west guys would get to know what is " no pains, no gains".

the collapse of GM is just the first step.


2. today ,chinese work hard ,disregarding little repay ,just in order to let our kids live better and easier.
we know that our hard work won't be waste, when we see how china is being rapidly transformed .+
When we kid grow up, they can also "work smart" and needn't work so hard as their fathers.



3. Indian's fathers and grandfathers didn't leave indian people much fat as west people fathers did. however Indian people seems to appreciate west guys' " working smart"....

it seems very ironics.

You spout a lot of gunk, not to mention being grossly incomprehensible.

We work just as hard as you do lad, if not harder.

Infact, if anything, I see the Chinese in the West that are the lazy lumps - taking every chance they can get to "take a break" or "rest their feet" - almost as if they were yearning to get away from an imposed lifestyle of hard work with little remuneration at the first opportunity they can get. You are not nearly as 'innately' hard-working as you imagine yourself to be.

Moreover, the Indian economy, notwithstanding the legislation and policy aspect, is where it is largely due to the efforts of private citizens, industry and initiatives in the civil sphere: from everything from the corner-store grocer to the enterprising industrialist to the media's campaign to 'build a new India'. This country is largely self-regulatory, simply because the government is not nearly as competent as it should be in respect of its execution. That is saying something.

As we so often say, we have grown despite our government.

For a nation that has been pillaged and stripped bare of its resources for centuries by colonial powers, divided and set into a mould of bitter squabbling, and bequeathed a behemoth and cumbersome bureaucratic system, we have come out better than most.

Remember one thing lad: Indians are extremely proud of their country, and they will go to even greater lengths of endurance and sacrifice when they see the fruits of their economic boom. And in India, because of the great disparities in wealth, those lengths are even more tested and acute. Thousands of kids study under street-lights, work night jobs, or help their parents in the farms or even have to starve themselves to get an education - so that when they grow up they wlll have the opportunity to emancipate themselves from their social depravity.

Given our unique political environment, and our raucous, chaotic democracy- something we would never give up for the world- we have determined to the world just how resolute we can be.

 

[Koji]

Rage,

I agree with everything in your last post except for your disparaging remarks. You're own personal thoughts do not represent the actual truth. The Chinese diaspora from what I have read is successful, especially in Southeast Asia. Asians in the west (including Chinese & Indians) are generally noted to be extremely hardworking (education and work).

 

[Rage]

Rage,

I agree with everything in your last post except for your disparaging remarks. You're own personal thoughts do not represent the actual truth. The Chinese diaspora from what I have read is successful, especially in Southeast Asia. Asians in the west (including Chinese & Indians) are generally noted to be extremely hardworking (education and work).

Koji,

My "personal" experience spans a scope and scale of interaction you can only imagine: from dealing with Chinese clients to collaborating with and facilitating Chinese clubs to working with Chinese co-workers in a myriad of institutions- educational, commercial and otherwise. My observation stands: when it comes to 'hard work' without their country, and where it is not imposed by a driving taskmaster, the Chinese increasingly these days are just as quick to shirk. Their 'success', while in large part due in the initial years to their dedicated and determined 'hard work', today unfortunately depends to a great degree on the fact that they cater almost exclusively to the unique needs and wants of the vast Chinese diaspora - particularly with respect to cuisine, clothing and daily essentials. Nor do I claim that my "personal thoughts" are representative of the whole truth- as badguy cannot equally claim likewise. Certainly, there are 'hard-working' Chinese, but the myth of all- perhaps even most, in the West- Chinese being hard working has come to an end.

 

[p2prada]

Remember one thing lad: Indians are extremely proud of their country, and they will go to even greater lengths of endurance and sacrifice when they see the fruits of their economic boom. And in India, because of the great disparities in wealth, those lengths are even more tested and acute. Thousands of kids study under street-lights, work night jobs, or help their parents in the farms or even have to starve themselves to get an education - so that when they grow up they wlll have the opportunity to emancipate themselves from their social depravity.

That sentence just gave me the inspiration to study harder for my exams. TY Rage.

 

[Rage]

That sentence just gave me the inspiration to study harder for my exams. TY Rage.

Anything for a brotha b.

Now go kill that parikshaa.

 

[F-14]

Rage take a look at my sig hope you know this line

 

[Rage]

I'm honoured!

But the best person for 'most memorable quotes' is our very own Singh basha.

 

[F-14]

well matey that line thouced my heart

 

[hbogyt]

I think what badguy meant by "additional value" was the NX component of GDP. GDP=AD=C+I+G+X-M. (X-M)=NX. So, he was right. You were confused/wrong.

China's labour force is of higher quality than that of other 3rd world countries. Many unemployed university and technical school graduates end up in factories.

China has accumulated plenty of capital equipment for making mid- to high-tech goods.

No 3rd world country can match China in these 2 areas.

 

[kuku]

In terms of labour force and its education, things will not be that difficult to equate, it is more about efforts than funds.

PRC has a lead in every field, and they have left behind every one in terms of development. No one is going to match them now.

The real important question is not beating PRC, the real question is development, when we sit back and let red tape and corruption ruin the development we loose to ourselves not to PRC (they won’t come and feed the starving millions in India).

The competition we have is with ourselves, to put it as a race or whose boat is bigger situation is pathetic.

PRC should not be considered a developing nation, they have made tremendous developments in all fields and people who consider it a developing nation based on the per capita figures should realize that their is only so much a billion plus nation will achieve before hitting a cap.

PRC should now be excluded from definition of developing nations in fact it should exclude itself from such definitions.

 

[ZOOM]

I don't wanted to comment on our useless justification, but I couldn't comply with that habit and rather chosen to finally give some answer to your venoms.

1. compared with developed countries, chinese labour is still cheap; compared with developing countries like India, Chinese infrastructure and full industry chain are much superior;

In present era of globalization, Being only a cheaper doesn't give you a merit of becoming well qualified enough to outpace others in mindless race of Economic Growth. Since, in today's world, competitive ability of manpower is a buzzword and only being a cheaper no longer give you that competitiveness.

2. CHinese economy is base on mid-tech products like household appliance ,electronical products and shipbuilding.
However , it is climbing up rapidly on the value-chain. in one decade, I am sure that one chinese auto company will defeat Toyota and become global biggest auto company.

Which Chinese Auto Company can you describe me will going to outperform Legendary Toyota? Pls explain, since you have already said that Chinese economy is based on Mid-tech and on top of that you suddenly beginning to talk about climbing in terms of value chain without even mentioning their ability to scale up the ladder of High-tech. How about awaiting for China to let it to first scale up the ladder of being High-tech, then talking about outperforming Toyota.

3. China's maket is expanding faster than others. for example China has surpassed USA and become global biggest auto market now.

You can easily say that, Purchasing power of Chinese people is increasing and hence they can afford Automobiles. China still is nowhere nearer to gaining technological edge on its American counterparts. Even you can give USA a benefit of doubt, since they are going through the recession and hence china find it easier to sneak inside and get crowned itself with the producer of largest automobile maker in the world.

 

[badguy2000]

In terms of labour force and its education, things will not be that difficult to equate, it is more about efforts than funds.

PRC has a lead in every field, and they have left behind every one in terms of development. No one is going to match them now.

The real important question is not beating PRC, the real question is development, when we sit back and let red tape and corruption ruin the development we loose to ourselves not to PRC (they won’t come and feed the starving millions in India).

The competition we have is with ourselves, to put it as a race or whose boat is bigger situation is pathetic.

PRC should not be considered a developing nation, they have made tremendous developments in all fields and people who consider it a developing nation based on the per capita figures should realize that their is only so much a billion plus nation will achieve before hitting a cap.

PRC should now be excluded from definition of developing nations in fact it should exclude itself from such definitions.

well, China is surely still a developing countries. we can confirm it quite much ....

of course ,China is a particular developing countriy with a full industry chain and powerful industry base.

we know quite clearly where China stands in the world arena.

 

[badguy2000]

I don't wanted to comment on our useless justification, but I couldn't comply with that habit and rather chosen to finally give some answer to your venoms.



In present era of globalization, Being only a cheaper doesn't give you a merit of becoming well qualified enough to outpace others in mindless race of Economic Growth. Since, in today's world, competitive ability of manpower is a buzzword and only being a cheaper no longer give you that competitiveness.

ordinary developing countries: cheap labours+poor infrastructure+broken industry chain+low literacy

China: cheap labour+good infrastructure+ full industry chain+high literacy+free labour market

developed countries: expensive labour+ good infrastructure+full industry chain+high literacy

so have a look, then you can conclude why china is the winner of globalization.

Which Chinese Auto Company can you describe me will going to outperform Legendary Toyota? Pls explain, since you have already said that Chinese economy is based on Mid-tech and on top of that you suddenly beginning to talk about climbing in terms of value chain without even mentioning their ability to scale up the ladder of High-tech. How about awaiting for China to let it to first scale up the ladder of being High-tech, then talking about outperforming Toyota.

chery or another chinese auto company....

just let's wait and see.

You can easily say that, Purchasing power of Chinese people is increasing and hence they can afford Automobiles. China still is nowhere nearer to gaining technological edge on its American counterparts. Even you can give USA a benefit of doubt, since they are going through the recession and hence china find it easier to sneak inside and get crowned itself with the producer of largest automobile maker in the world.

china's emergence will be much more rapid than you think.:blum3:

 

[ZOOM]

ordinary developing countries: cheap labours+poor infrastructure+broken industry chain+low literacy

China: cheap labour+good infrastructure+ full industry chain+high literacy+free labour market

developed countries: expensive labour+ good infrastructure+full industry chain+high literacy

so have a look, then you can conclude why china is the winner of globalization.


chery or another chinese auto company....

just let's wait and see.

china's emergence will be much more rapid than you think.:blum3:

So when someone quizzed with some of the tough question, then how can one beginning to play a foul like above only. Kids should not beginning talk with their big mouth when they are highly ill-equipped to do so.

Badguy, Now have a Cheap suggestion from me, when you don't have proper arguments and knowledge, then keep your mouth shut. And yes, please don't keep on dreaming about outperforming somelike Toyota. Okay, bye.:bye:

 

[kuku]

well, China is surely still a developing countries. we can confirm it quite much ....

of course ,China is a particular developing country with a full industry chain and powerful industry base.

We know quite clearly where China stands in the world arena.

No its not, they publish statistics that highlights its development in every field.

They have men going to space; they have plans to set up a space station of its own. Advances in other fields of science are equally impressive. The infrastructure in PRC is extremely advanced even in comparison with other developed nations, they have cities that are comparable to any nation on earth.

Looking at PRC from a per capita point of view ensures it never becomes a developed nation for a long time to come, hence things should be defined in terms of overall development.

Its time PRC accepted the role of a developed nation, anything less is unfair on other developing nations.

This role will come with responsibilities, for example, a shift from developing nation to developed nation in the clean development mechanism (which ensures a cap on its emissions and the requirement to buy carbon credits instead of selling them), responsibility to provide aid to other developing nations etc. etc.