India is not really China yet, economist says

Alicia Garcia-Herrero of Natixis says India is reducing imports "massively."

[yeejlilys]

Why Western media continue pumping up the comparison between India and China? India is India and China is China and each country charts its own path for development.

[ShitSkinsIndian]

I have proof that this century is India's century➡
1) Year 2024: Speaking at News18’s “Rising Bharat Summit” in New Delhi 2024, PM Modi said that the world believes that the 21st century belongs to India and is confident about a “rising Bharat”.
2) Year 2014: Election-winner Narendra Modi: 21st century belongs to India
3) Year 2015: San Jose, 28th September 2015, Modi said "the 21st century belonged to India".

[Thinkofwhat]

Manufacturings are heading towards automation and China is already a leading in automated manufacturing process by a large margin even compared to the u.s....

[Richard-sm]

Modi is great at mediation and acting like deity.

[melleblanc]

India will NEVER make it anywhere close to China's level of development.

Can't get past the British legacy, caste system, religions, greed, and extreme poverty...take your pick.

[tvm]

Some analysts are unhappy that India is not very democratic and some are unhappy that it doesn’t get things done like autocratic China. You can’t please them all so it is best to ignore them.

[XJLCA]

That is very generous of you. China in 2004 is still way ahead of India 2024.

[sansin]

"USA is not really China yet"
there, I fixed it.

[saibinlin]

China: Welcome to invest in China, please leave your knowledge and take your profits!
India: Welcome to invest in India, please leave your assets and take your fine bill!

[ALWH]

According to Indian, India is ahead of China by 17.29 years and China is trying hard to keep up in many ways. Shanghai’s nickname is Mumbai junior, TATA EV is way better than BYD, Xi is on his third term finally match Modi, China launches third carrier is getting close to India’s planned nuclear power super carrier but not quite….as for totally population China has given up.

[Eddie-ccpy]

India is miles away from China. Do we really need an economist to tell us that?

[ShitSkinsIndian]

When an Indian talks, it is best to take their words with a pinch of salt. For example,
1) Modi claimed in late 2019 that India is open defecation free and what happened? A recent joint monitoring programme (JMP) on water, sanitation and hygiene by the World Health Organization and UNICEF released July 1, 2021 stated that at least 15 per cent of the total population in India defecates in the open.
2) "Know your meme: India superpower by 2020". They claimed in year 1998 that they will be superpower by 2020 or earlier? What happened today? GDP per capita not even 3k? Is that a definition of a superpower?
3) India claimed to have landed on the "South Pole" of the Moon. What happened? Two out of the best 3 space agencies of the World (Russia/USA/China) said India did not land on Moon's South Pole.
3A) NASA specifically said "The Chandrayaan-3 landing site is located about 600 kilometers from the Moon’s South Pole.". This is just another diplomatic way of saying India did not land on Moon's South Pole. If India had landed on on Moon's South Pole, NASA would have simply said that "The Chandrayaan-3 landing site is located at the Moon’s South Pole" instead of "The Chandrayaan-3 landing site is located about 600 KILOMETERS FROM the Moon’s South Pole.
3B) Dr Ouyang Ziyuan, lauded as the father of China’s lunar exploration programme, told the Chinese-language Science Times newspaper that the Chandrayaan-3 landing site, at 69 degrees south latitude, was nowhere close to the pole, defined as between 88.5 and 90 degrees.
4) Indians claimed that Modi is the "most popular Prime Minister/leader of the entire world" ages ago before the most recent election of 2024 took place. What happened? He barely won. Under India’s electoral system, the party or alliance that wins more than 272 seats in the 543-member parliament can form a government. Opposition parties including the Indian National Congress won 235 seats. Modi merely won 238 seats. (ASTHA RAJVANSHI TIME). If you are the "most popular Prime Minister/leader of the entire world", you should be having a landslide victory in your country's election?
5) India claimed in year 2010 that they will send Astronaunts into space by year 2015 - 2016? What happened 14 years later after the comment was made? Not even one single Indian Astronaunt was sent into space. "The Indian Space Research Organization is planning to send astronauts to space before the year 2015-16, deputy project director of ISRO's Chandrayaan Mission Jaswinder Singh Khoral said in Chandigarh on Thursday. (Times of India)." This is the statement made by India in year 2010.
6) Indians said that they are the "Global leader of technology" but what technology are they leading and where are their sources and tangible products to back up what they have claimed? Nothing?
7) Indians like to talk extremely big about their Indian CEOs but what is their Indian CEOs on the Global Stage? In the ranking list of "Fortune 500 companies" or "Forbes Global 2000 companies", representing the World's richest/biggest companies, where does India stands? India has merely 55 companies in Forbes Global 2000 companies" and all are not even top 10, not even top 20, not even top 30, not even top 40 but only ranked top 45 (Reliance Industries)? Meanwhile, another similar country in terms of population, China, has 3 of their companies in the top 10 ranking of "Forbes Global 2000 companies" and has 346 companies instead of only 55 companies in that same ranking list? What about India's ranking in "Fortune 500 companies"? India has not even 10 companies in that list and China has 143 companies out of the list of 500 (hence is is called Fortune 500).
8) Indians say that there are no caste system in India? But what are "caste related violence" and why is it still happening? What are the Musahar people and what are their dietary? Has democracy ever had a caste system? No, but only India's version of democracy.
9) India claimed to be the "Voice/Leader" of the Global South Countries but has every country of the "Global South Countries" ever elected a "Voice or Leader" for them? No. If India is the "Voice/Leader" of the Global South Countries, why is it that Maldives, a member country of the Global South Country, wanted "India out"?
10) Indian claimed to be the "World's Fastest Growing Economy" but
Year 1962 India's GDP = 42.16 billion (almost similar GDP to China)
Year 1962 China's GDP = 47.21 billion (almost similar GDP to India)
Year 2022 |ndia's GDP = 3.42 trillion
Year 2022 China's GDP = 17.96 trillion
China's economy is 5 times plus of |ndia.
Source: World Bank
India is "World's Fastest Growing Economy"?
These are merely 10 examples and in fact there are many more.

[limcheating]

Some say India is 20 years behind of China, but no, I was in China in 2004, they were more advance and better developed than India 2024

[ShitSkinsIndian]

Whenever the financial news talk, USA and China are always in the picture. Why? Because they are #1 and #2 biggest economy of the world. The #3 and #4 biggest economy of the world, either Germany or Japan, rarely compares themselves against China or USA. Why you may ask? Because they know their limits. Their GDP is nowhere near China or USA. On the other hand, the 5th largest economy of the world, India, is always pitting themselves against China despite having lower GDP than Germany and Japan. I guess that is the difference in culture. The braggart culture versus the humility culture. Why do they brag? Because the only way way India could stays relevant on the Global Financial Stage is to pit themselves against China all the time so that they could have a share of China's limelight. For your information, from the latest data from World Bank 2022,
Year 1962 India's GDP = 42.16 billion (almost similar GDP to China)
Year 1962 China's GDP = 47.21 billion (almost similar GDP to India)
Year 2022 |ndia's GDP = 3.42 trillion
Year 2022 China's GDP = 17.96 trillion
Source: World Bank
China's economy is 5 times plus of |ndia, 17.96 T versus 3.42 T. Is there any comparison?Indians claimed to be the "World's Fastest Growing Economy"? 🤭🤣🤥I know what you are going to say, Indian bots, and you will say that India's growth rate is greater than China but please learn some basic math.
Calculations:
China's growth of 5% (for example) from a very big economy of 17.96 Trillion economy = 0.898 trillion incremental GDP
India's GDP growth of 7% (for example) from a very small economy of 3.42 Trillion economy = 0.239 Trillion incremental GDP
Real growth of China = 0.898/0.239 = 3.75 times BIGGER than India's growth.
That is why math and IQ is very important. 😏😅

[ShitSkinsIndian]

India 's system of governance is facism, never democracy. You simply don't send "buttonmen" to target non voters and polical opponents.
1) did a 8 x Bollywood MI6 in Qatar?
2) did a "Hardeep Singh Nijjar" in Canada?
3) did a "Nikhil Gupta" in USA?
4) did a "Constable Chetan Singh" to the non voters in India?
Constable Chetan Singh: If you want to live and vote in |ndia, I am telling you it's only Modi or ELSE
how many more "buttonmen" has he got to "fix" his political opponents and non voters?
These facts should tell you whether the Indian voting process is fair.

[briandong]

A country that believes in caste system and relies mainly on customer service and IT support that is literally about to be done in by AI is going to be ahead of China soon. Right.

[jimkuan]

India's so-called GDP growth is borrowing money from global institutions, spending it on infrastructure like roads, and buying a massive amount of Chinese products to sell in India. Along the way, Modi also honey trap some foreign investments to Indian Stock Market for speculation. Most people are fully aware that these foreign investments are for speculation, not for long term infrastructure and manufacturing ecosystem build up, but it helps foster an impression that India growing fast.

At the end, Indians realize that their unemployment is still high, the income disparity is growing and there is no "Make In India." So, they are voting BJP out of domination and forced BJP to work with other parties. In essence, they are dialing down on Modi's "GDP Growth" through borrowing and spending.

This is no different than a regular company. When the CEO borrows too much money and spends too much on "building up the foundation", the board will keep a tight string on him, avoiding him from bankrupting the company. Same case for Modi and BJP.

[godzillamothra]

India is at best where China was 20 years ago.

[ShitSkinsIndian]

There were 565 Princely States in 1946.What Nehru inherited from the colonial masters was only 1/3 the size of modern |ndia, which was basically Uttar Pradesh-Haryana-Bihar, which have a lot of people. He also inherited the colonial army and navy. With army and navy in hand, Nehru coerced all the princely states to join his empire. In July 1946, he warned that no princely state could militarily withstand the army of an independent India. By January 1947, Nehru clearly stated that the concept of the divine right of kings would not be accepted in independent India. Further escalating his approach, in May 1947, Nehru declared that any princely state refusing to join the Constituent Assembly of India would be treated as an enemy why India is so prickly about sovereignty and having its claims challenged. If they don't keep a lid on things, their empire could collapse.

[rudyalfonsus]

if you need something to be spoken, find indian.
if you need something to be done, find chinese