- Apr 23, 2018
So we are actually far ahead of chinese in building subways for our cities. I.e we are providing far better infra in similar development stage ( compared to same economic stage in China).
I have been saying this all along. We are doing much better than what china was doing infrawise while it's economy was our size. This means we are ready for even faster growth from here on.
I think this just goes to show that we don't have the same kind of wind in our sails that China had. If it was that large an economy in 2007 despite poorer infrastructure than us, then that means that it is harder for us to today follow the export oriented model of growth that China was following in 2007. We will have to rely on other avenues of growth. Might be a good thing, might be a bad thing. Not sure.GDP is now similar to that of China in 2007. There are more on the subway than China in 2007, when there were 10 cities in China 721 km Subway
It should be very meaningful to compare with various data with 2007's China.