David Roche says India won't replace China in global trade

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CNBC International TV

CNBC International TV

Ай бұрын

David Roche, president and global strategist at Independent Strategy, says China may be stagnating, but it's "stagnating at a later stage of development than India."

Пікірлер: 1 500
@zackwang9314
@zackwang9314 Ай бұрын
I laugh Every time I see people trying to compare india to China
@swakal8868
@swakal8868 Ай бұрын
Because India is smart to not do work for westerners for their Fiat currencies. India is smart and doing de dollarisation along with self reliance
@fannyalbi9040
@fannyalbi9040 Ай бұрын
ya because my country india is so far ahead of china.
@martin96991
@martin96991 Ай бұрын
It's funny these woke leftists in the coment section praise china over a democracy and cry at the same time for human rights.😂😂😂
@himanshuutube
@himanshuutube Ай бұрын
​@@swakal8868china is more self reliant than india.
@swakal8868
@swakal8868 Ай бұрын
@@himanshuutube yes, but their model is already built on Fiat currency imports from west than internal consumption. India drives growth from internal consumption not by exports model.
@thomasrogers9146
@thomasrogers9146 Ай бұрын
CHINA IS NOT LOSING MANUFACTURING TO INDIA,. CHINA IS SHIPPING LOW VALUE ADDED MANUFACTURING TO INDIA VIETNAM MEXICO AND AFRICA. CHINA IS NOW FOCUSED ON HIGH VALUE ADDED MANUFACTURING..
@ilovepho4479
@ilovepho4479 Ай бұрын
So 300-500 millions workers work in manufacturing can not find jobs!
@MsBay129
@MsBay129 Ай бұрын
​@@ilovepho4479In your wet dreams.
@JCSY1
@JCSY1 Ай бұрын
Spot on. You are right. India can have some of the low value and lower end chain jobs. China is moving up the chain.
@DeepakKumar-uj6br
@DeepakKumar-uj6br Ай бұрын
Never knew aerospace, space renewableas and api are low value added industries in which india is steadily progressing
@taiwanstillisntacountry
@taiwanstillisntacountry Ай бұрын
GDP of Mumbai-Dharavi is only 1B a year
@odin5166
@odin5166 Ай бұрын
The only thing India can compete with China is population. Other than that is zilch.
@marlion6183
@marlion6183 Ай бұрын
absolutely😂😂😂
@parthakaarjun
@parthakaarjun Ай бұрын
Says a looter who has had nothing of its own and also in a depression now
@shafnaw9676
@shafnaw9676 Ай бұрын
India exports culture better through their movies, food, music and tech services. they failed because of no manufacturing and infrastructure as well religious, linguistics and racial diversity which they cannot centralise.
@user-ux2io3gx9m
@user-ux2io3gx9m Ай бұрын
The world's largest population, something to be proud of.
@tkh2944
@tkh2944 Ай бұрын
​@@user-ux2io3gx9mThe world's largest slum, something to be proud of ?😅
@ronaldchristenkkson
@ronaldchristenkkson Ай бұрын
The interviewee could tell the Indian interviewer was emotionally upset at his answers, so he started using politically correct language to keep her from losing control.
@thecomment9489
@thecomment9489 Ай бұрын
lol
@user-cb3lp1sm3f
@user-cb3lp1sm3f Ай бұрын
*She was about to cry and throw a tantrum.*
@gk9257
@gk9257 Ай бұрын
I feel your frustration on India. sometimes reporter have more knowledge than expert.
@naturemeditation3751
@naturemeditation3751 Ай бұрын
dude probably has investments in china lol can’t blame him 😂
@JCSY1
@JCSY1 Ай бұрын
Exactly. Nobody can change the real true facts but at least he's trying to say in a nice way.
@aburetik4866
@aburetik4866 Ай бұрын
After years of "growth", lndia's per capita GDP now falls behind Bangladesh. The only growth in lndia is population 😅
@muhammad-bin-american
@muhammad-bin-american Ай бұрын
Ha! Funny man. But PM Modi is "genius".
@pizizhangsg1319
@pizizhangsg1319 Ай бұрын
​@@muhammad-bin-americanhe is a gangster.
@striker44
@striker44 Ай бұрын
Only growth is China is envy of others and more greed.
@moinakbhattacharya878
@moinakbhattacharya878 Ай бұрын
Keep trying losers
@adamsaciid4919
@adamsaciid4919 Ай бұрын
Who are losers😂​@@moinakbhattacharya878
@clipwat1511
@clipwat1511 Ай бұрын
My recommendation to India: - Talk less, Do more - Be humble - Stop compare yourself with anyone, especially China - Stop anti-china rhetoric and policy. - Seek cooperation with china
@mayan5600
@mayan5600 Ай бұрын
Nah
@chingtuckmeng1122
@chingtuckmeng1122 Ай бұрын
@@mayan5600 yaaa sub
@Dr.Kay_R
@Dr.Kay_R Ай бұрын
​@@mayan5600China, South Korea and Japan hate each other. But they co-operate and grow together.
@oki148
@oki148 Ай бұрын
@@mayan5600continue to suck then 🤣🤣
@jinmi7832
@jinmi7832 Ай бұрын
China is miles ahead of India, the level of hatred they've shown due to jealousy is mind-boggling. Unfortunately, India is incapable of solving basic problems talk less of matching China.
@philipwong6650
@philipwong6650 Ай бұрын
Sorry. I dont think China sees india ever as a competitor.
@user-br9oi2sh7o
@user-br9oi2sh7o Ай бұрын
Of course not, other than population growth.
@ashishkumarnayak3368
@ashishkumarnayak3368 28 күн бұрын
Oh really then why they always cry at everything have you checked their response on tesla in India😂
@user-br9oi2sh7o
@user-br9oi2sh7o 28 күн бұрын
@@ashishkumarnayak3368 Response, what response? Don't you worry about that. Wait till you get the product up and running. It will be like Apple IPhone 15 coming out of India.
@ashishkumarnayak3368
@ashishkumarnayak3368 28 күн бұрын
@@user-br9oi2sh7o ok Chinese guy stay happy, apple already manufactures a lot of their phones in India which are exported world wide
@user-br9oi2sh7o
@user-br9oi2sh7o 28 күн бұрын
@@ashishkumarnayak3368 true, not that great in sales though especially when in comparison to where the Apple IPhone 15 is produced though.
@user-vq5yo2fr9e
@user-vq5yo2fr9e Ай бұрын
China is the world's largest industrial country, the world's largest trading country, the world's largest automobile producer and consumer, the world's largest electricity producer and consumer. China has the world's longest highways, high-speed railways, and subways. China is truly the world's largest economy, and there is no comparison with India!
@TheTraveler2222
@TheTraveler2222 Ай бұрын
But India runs the worlds largest scam call center network
@thefreemonk6938
@thefreemonk6938 Ай бұрын
Interestingly, India has a larger road network than China.
@TheTraveler2222
@TheTraveler2222 Ай бұрын
@@thefreemonk6938 Yeah road network for horses and cows
@ramonching7772
@ramonching7772 Ай бұрын
@@thefreemonk6938 Don't force the issue. We are talking about paved expressway. Not dirt road. Alright. You are just embarrassing yourself.
@thefreemonk6938
@thefreemonk6938 Ай бұрын
@@ramonching7772 50,000 km of expressways are in the process of being built. If there is one thing that India has done better in the last 10 years that's the development of roads and highways and it's not going to stop there.
@indiaashutosh
@indiaashutosh Ай бұрын
The anchor tries to laud Modi govt and the guest slaps her right back . . .Indian media is just abhorrent
@consciouschapters8396
@consciouschapters8396 Ай бұрын
Modi government is the best government till date , atleast the aspirations to be a manufacturing hub was proposed by India , what did the earlier Governments did was pathetic
@user-co2lw5vb4q
@user-co2lw5vb4q Ай бұрын
This is American media Not indian media CNBC International based in USA And that anchor is also USA citizen So open your eyes and then bark
@AsokaTw-mz3lr
@AsokaTw-mz3lr Ай бұрын
@@user-co2lw5vb4q she is still indian origin.
@AsokaTw-mz3lr
@AsokaTw-mz3lr Ай бұрын
@@consciouschapters8396 It's, but the point is India's problem is not lack of human resources, land or natural resources, but social problems, and religion. These problems keep the development under control, otherwise India is far more developed than US if they didn't exist at first place.
@grouchypatch9185
@grouchypatch9185 Ай бұрын
​@@user-co2lw5vb4qOver presented.
@ricotheman8139
@ricotheman8139 Ай бұрын
One thing needs to be clear, to industrialize, you need power, electricity power. There is no way to work around it. So before talking about India replacing China, ask yourself, do you have enough energy to do so?
@rahulshah98
@rahulshah98 Ай бұрын
Yes we do
@ricotheman8139
@ricotheman8139 Ай бұрын
@@rahulshah98 you do, you do have the re-wiring electricians to still power.
@thefreemonk6938
@thefreemonk6938 Ай бұрын
Why don't you look at the charts yourself?
@cinpeace353
@cinpeace353 Ай бұрын
Water, education, transportation network, and skilled workers are important too.
@8spores
@8spores Ай бұрын
Not enough toilets in India
@harryzhang3111
@harryzhang3111 Ай бұрын
To be fair. Nobody is replacing any body. China would move on and develop, may be in a slower pace. And so would India. The West is trying to encourage unhealthy competition between these two giants considering it as a zero sum game. It is not. Just work hard and smart to achieve progress, for everybody.
@consciouschapters8396
@consciouschapters8396 Ай бұрын
Sensible comment , thanks for such an inclusive and peaceful reply
@NeostormXLMAX
@NeostormXLMAX Ай бұрын
Well most pajeeets have an inferiority complex towards china 😂😂😂
@contrarian322
@contrarian322 Ай бұрын
Exactly . 👍
@anitapadhi325
@anitapadhi325 Ай бұрын
precisely every large economy under-go the growth ,lift off and eventual slowdown in growth ,its upto the policy makers and skill of HR, base of industrialization AI integration amongst other internal and external factors ,its never a zero sum game. As an Indian I find Chinese being more sensible in comments unlike some Westerners and some other Nations with "Chinese Names" pitting as if we are at each other's throats😅
@mujur9101
@mujur9101 Ай бұрын
@@consciouschapters8396 And if India want to grow more rapidly, India must open the door to Investor not only from US, EU or Japan but from China too. It will accelerated the speed and know how and work ethics not just from the west but from China also. Economy is economy, trade is trade, never mix it with politics. It will ended badly.
@jimbojimbo6873
@jimbojimbo6873 Ай бұрын
Even after all the ‘success’ India is light years behind China lmao, please stop comparing the two there is absolutely no aspect where India is in the same league as China
@neilmanx1001
@neilmanx1001 Ай бұрын
do you know what a 'light year' is wumao joker?
@user-co2lw5vb4q
@user-co2lw5vb4q Ай бұрын
India never wants to be next china and do cheap labour for the western countries which enjoyed fiat dollars on the hardwork of Chinese people's labour India wants to be next USA and already selected as a next global superpower during pm Modi's visit to USA in June 2023 India is working on dedollarisation and and making INR the next global reserve currency
@botakkawasiki8775
@botakkawasiki8775 Ай бұрын
@@neilmanx1001 go eat your curry
@subasthapa4839
@subasthapa4839 Ай бұрын
​@@neilmanx1001 hello Kumar 👋🏻
@storm_yu
@storm_yu Ай бұрын
Yeah we don't want Covina league.
@thomashunter5645
@thomashunter5645 Ай бұрын
He is right. India is still a difficult place to do business for foreigners. That is why most of the manufacturing that moved out of China went to Vietnam, Mexico and Thailand.
@Klentung8989
@Klentung8989 Ай бұрын
I come back 5 minutes
@pohkhui
@pohkhui Ай бұрын
India, well known as graveyard for investors.
@suvammahakhud
@suvammahakhud Ай бұрын
Heard of Micron tesla apple like giants plans of setting up factories here? ​@@pohkhui
@arminius6506
@arminius6506 Ай бұрын
India right now is competing with Vietnam, Bangladesh and Indonesia to attract outbound industry from China and right now it's losing to all three. Vietnam, a tiny country exports more than India.
@thefreemonk6938
@thefreemonk6938 Ай бұрын
India has 18% of world's population, and it has to satisfy its own demand. What makes you think that it's losing to all three of them?
@fanaticcoder3320
@fanaticcoder3320 Ай бұрын
@@thefreemonk6938 You're not yet mature to understand these high level concept.
@truthseeker327
@truthseeker327 Ай бұрын
actually india has made chinese investing difficult. iT WANTS Them to tie up with local business men and give them majority share. This mindset will never help India globalise
@rap3208
@rap3208 Ай бұрын
@@thefreemonk6938 China has the same size and it was more than enough to produce for itself and the world. With all those companies (including chinese companies) leaving China, China still is the biggest factory and biggest trade partner to the whole world. There goes your argument....
@mizanrahman5194
@mizanrahman5194 Ай бұрын
India replacing China is like saying Moon replacing Sun
@thefreemonk6938
@thefreemonk6938 Ай бұрын
Where was China 30 years ago?
@Western_Decline
@Western_Decline Ай бұрын
thank God the Communist Party of China (CPC) has delivered the fastest rise in history for the Chinese people in only 30 years.@@thefreemonk6938
@cinpeace353
@cinpeace353 Ай бұрын
​@@thefreemonk6938 The gaps between China and India grew bigger in last 30 years. In 1988, China and India had nearly equal nominal GDP. Nowadays, China is about 5 times of India. The next China is still China.
@pohkhui
@pohkhui Ай бұрын
😂😂😂
@pohkhui
@pohkhui Ай бұрын
​@@thefreemonk6938There is no India. India is simply the British creation that gather 500 over princely states into 1, The British Raj. China remains as China for thousands of years.
@northernfleetwood6651
@northernfleetwood6651 Ай бұрын
Comparing India to China is like comparing a house cat to a lion.
@consciouschapters8396
@consciouschapters8396 Ай бұрын
You guys simply forgot the havoc created by china using the virus and made the world come to stand still
@ayushmankar4100
@ayushmankar4100 Ай бұрын
It's a paper lion actually
@308_Negra_Arroyo_Lane
@308_Negra_Arroyo_Lane Ай бұрын
Interviewer doesn't understand that back then it was all hands on deck in China, tens of thousands of industrial parks built over a few years, dozens of special economic zones created, hundreds of millions of peasants migrating to the cities to work in the factories. That is what is needed to at least be comparable to China. No such thing will ever happen in India.
@DW-op7ly
@DW-op7ly Ай бұрын
Could happen if they get rid of their caste system This current slowdown was intentional as there is 300 million Chinese still expected to move to the cities where they will be in need of affordable homes If India were start to do the same with it’s untouchables Then I would believe
@user_ar6332
@user_ar6332 Ай бұрын
@@DW-op7ly I have never heard anything as stupid as this.
@DW-op7ly
@DW-op7ly Ай бұрын
You do sound stooopid 👇 In China in 2008 around 70% of the people in their real estate markets were buying their 1st homes in their cities By 2018 around 70% of the people in their real estate markets were buying their 2nd and 3rd homes in their cities That’s why you are hearing about problems with their property developers these days. Because back in 2010? Their Central Government started cutting of money flow to these developers. Thus why you heard about Shadow Banks and Underground Economy back then, that their Government had to come into to shutdown or regulate. Even then, It took them almost 14 years to get their overheated real estate under control Heck they were about to introduce a nation wide property tax, but then trump started the trade war in 2018 Why is their Central Government doing this? Because there are still a few hundred million poorer rural folk they still expect to move to the cities to join their more well off urban city folk countrymen. Problem is these property developers were building higher end homes, and not building the affordable homes these rural migrants will need In China Owning a home in the city you migrate to? Affects your employment, health, education and even marriage prospects don’t have a house you don’t get married Thus the common prosperity push and the crackdown on the overt displays of wealth in China Their Government probably figured out you disenfranchise the people at the bottom of your society they are the ones most likely to act out in protest Would India do the same for its untouchables Heck you just made a citizenship law that excludes Muslims
@somakchatterjee6429
@somakchatterjee6429 Ай бұрын
@@DW-op7ly yeah blame everything on caste lol.
@dicky-duck6632
@dicky-duck6632 Ай бұрын
asking the same question in different ways, but still got the same conclusion, must be very sad for some.
@jjsamuelgunn1136
@jjsamuelgunn1136 Ай бұрын
typical. fishing for compliments. these people love to be praised. prestige and position is very important to them.
@darthvadeth6290
@darthvadeth6290 Ай бұрын
pathetic, desperate india
@storm_yu
@storm_yu Ай бұрын
​@@jjsamuelgunn1136you must have not watched cgtn. Pioneer in 24x7 fishing for praise. Full on propaganda
@samyang5873
@samyang5873 Ай бұрын
Both India & China started out with about the same population & economy 40 years ago. Today , 40 years later , China's achievements speak for itself. I suggest the Indian interviewer go to China to see for herself. The next China will still be China. There is no comparison. You cannot compare apple with orange , they are not the same. From S'pore 🇸🇬
@user-br9oi2sh7o
@user-br9oi2sh7o Ай бұрын
No, India's dreams are much, much bigger. Yes, India also has Moon Landing vehicle and just goes into deep sleep as it is far superior and willingly let the Chinese takes a few steps first and will catch up with a simple leapfrog! India has lots of plans bigger than China can imagine. There's nothing Chinese can do and India can't OK.
@peaceloverespect
@peaceloverespect 13 күн бұрын
看看就好了,没必要争论的。
@AntiWar_dude
@AntiWar_dude Ай бұрын
Pls don’t compare India 🇮🇳 and China 🇨🇳- its humiliating to compare in the first place 🤣
@user-rj9mj7nq3u
@user-rj9mj7nq3u Ай бұрын
Why India is bigger country than China??
@vishnughandi9845
@vishnughandi9845 Ай бұрын
It is embarrassing. You can tell the speaker was trying his best to be respectful to the Indian host in his answer but it’s not easy to get through the heads of a populace who misunderstand where they still are in their development and how far they need to go
@arjuna03
@arjuna03 Ай бұрын
Yes we Indians don't want to be compared with a cunning copycat
@AntiWar_dude
@AntiWar_dude Ай бұрын
@@user-rj9mj7nq3u yes only in population terms tho 🤣- but more population means more chaos tho
@AntiWar_dude
@AntiWar_dude Ай бұрын
@@arjuna03 yeah - Indians never do copycats bc Indians are very bad at business in whole
@Xrey-ek5sh
@Xrey-ek5sh Ай бұрын
India like to shout out loud that they are the greatest economy before they even get there 😂🤣
@swakal8868
@swakal8868 Ай бұрын
GDP is fake number and measure of economy by westerners. Its formula is wrong to begin with.
@martin96991
@martin96991 Ай бұрын
INDIA was always the world's richest country before British beggars came and looted it.😂😂😂
@gk9257
@gk9257 Ай бұрын
I love your meltdown on India 😂 Keep frustrated 🥴
@icefishing6592
@icefishing6592 Ай бұрын
India was the best in the universe
@secretweapon9775
@secretweapon9775 Ай бұрын
@@gk9257you can keep dreaming 😂😂😂😂
@user-vp6vf8wm2s
@user-vp6vf8wm2s Ай бұрын
India is still same India after 300 years of colonialism, can't live without the UK master
@Dr.Kay_R
@Dr.Kay_R Ай бұрын
It's not same. India had 27% global market share before. But after 200 years of British rule, it came down to 2%.
@Cakemake-123.
@Cakemake-123. Ай бұрын
@@Dr.Kay_R yea u are right when the mughals ruled india so u were a major power in the world before that India was a collection of feudal barbarian princely state's and after the British left that it became worse authoritarian democracy India failed because of the British 1st industrial revolution After that America established the 2nd industrial revolution the UK and US and many other European countries Witnessed spillover effect from that they prospered and became the first world countries we know now of Similarly other countries followed East Asia S Korea Japan taiwan and Singapore liberalized their markets and went to the cycle of developing phase China followed their footsteps in the 80s and liberalized their market for foreign companies under the leadership of deng shiao ping rest is history Why can't India reform it's market structure and trade practices to this date 2024 and my brother this is the reason why u are stuck at 2% it has nothing to do with British or mughals or that stupid 40 trillion dollars were looted by British claim
@Real982ax
@Real982ax Ай бұрын
​@@Cakemake-123. no. when Shiva Maharaj ruled in India .
@sd-xk7qr
@sd-xk7qr Ай бұрын
@@Cakemake-123. India was the biggest economy of the world from 200BC to 1600AD and made many contributions to math, science etc even 2000 years ago. We didn't have small princely state that your pakistani mind has to make up to cope we also had Mouryas, Guptas etc. Number system, fibonacci numbers, calculus etc all came from India
@fookcheonkhaw7147
@fookcheonkhaw7147 Ай бұрын
@@sd-xk7qrYou forgot to mention China’s 5000 years of civilization. China invented paper money and started commercial banking system during Song Dynasty 1000 years ago. China’s GDP at that time made up 60% of the world’s economy. At that time British just came out from the dark ages.
@applebee9060
@applebee9060 Ай бұрын
He sounded like an adult calming down a hysterical little girl.
@amunra5330
@amunra5330 Ай бұрын
The host is very against China snd always tries to put it down.
@yaoliang1580
@yaoliang1580 Ай бұрын
Unable to cope with the facts
@subasthapa4839
@subasthapa4839 Ай бұрын
Sounds like page eight
@fuckkatuas2837
@fuckkatuas2837 Ай бұрын
Anglo saxons can either cope or seethe. China is laughing all the way to the bank. KEK!
@mujur9101
@mujur9101 Ай бұрын
As an Indonesian, I dont need this man advice. I can see it with my own eyes. Everyone can see it too. 😅😅😅
@nerrailwaygorakhpur7173
@nerrailwaygorakhpur7173 Ай бұрын
Fake id
@cinpeace353
@cinpeace353 Ай бұрын
​@@nerrailwaygorakhpur7173 Welcome to the internet! As an advice, don't give out personal data to strangers. 😅
@pohkhui
@pohkhui Ай бұрын
Except Indian, can't see
@tehreemfatima-bn2lr
@tehreemfatima-bn2lr Ай бұрын
Indonesia is a trillion dollar economy with 275 million dollar gdp yet made no such tall claims of becoming a superpower on the other hand India can't just shutup
@thomasanthony2970
@thomasanthony2970 Ай бұрын
One day your country will surpass India.
@markchan8110
@markchan8110 Ай бұрын
India needs to drop the weeds and start to step into reality.
@amiigose
@amiigose Ай бұрын
india first learn to make clean food😂😂😂
@JCSY1
@JCSY1 Ай бұрын
Nice to dream
@mayan5600
@mayan5600 Ай бұрын
​@@amiigoseand you guys need to learn to how to cook food.
@TeeTee-zm2re
@TeeTee-zm2re Ай бұрын
😂😂😂
@HanS662
@HanS662 Ай бұрын
Smoking all that ganja
@zolamadda5980
@zolamadda5980 Ай бұрын
I remember buying a stock in 2018 that was beginning a JV under the Make in India project. To this day the factory is still not working.
@striker44
@striker44 Ай бұрын
I bought chinese evergrande property but they ran with my money.
@zolamadda5980
@zolamadda5980 Ай бұрын
@@striker44 cool story bro.
@DW-op7ly
@DW-op7ly Ай бұрын
Indians have no money
@DW-op7ly
@DW-op7ly Ай бұрын
Plus China was cracking down on property developers since 2010. As they cut off money flow to them If you are one of those “Sophisticated Foreign Investors” Which you are not…. who bought their Property Developers “Junk Bonds” these last few years you only have yourself to blame
@DW-op7ly
@DW-op7ly Ай бұрын
Huge Price Cuts Rumored From Chinese Developers Due To Collapsing Demand Vincent Fernando, CFA May 29, 2010 Demand is falling since China's central government announced stricter regulations for property transactions during the middle of April. These involve higher down payments and mortgage rates for the purchase of second home, and act which is seen as potential speculation. Such tightening is reducing buying demand. Thus a moderately bearish view is that property prices need to come down, since demand is likely down yet supply is the same. This challenge isn't limited to Shanghai: China Vanke Co, the country's largest publicly listed developer, may cut apartment prices by 10 to 30 percent within three months, the Beijing News said yesterday, citing an unidentified sales agent. Local Vanke officials declined to comment yesterday. Yet Shanghai is where things could get the ugliest, the earliest. This is because the local Shanghai government is planning to clamp down on speculation even harder than China's central government already has: Chen Qiwei, a spokesman for the Shanghai municipal government, did not preclude the possibility of levying property tax when asked about this issue at a press conference on Friday. "Shanghai will take more strict measures in line with the central government policy," Chen said, adding that more efforts will be made in building economically affordable houses and cracking down on speculative house purchasing. Other cities such as Beijing, Chongqing, and Shenzen could have similar additional taxes, but Shanghai is the first to make an official comment such as above according to China Daily. Thing is, any action from Shanghai will likely need approval from the central government. BusinessInsider 👇 Business Economics China Increases Banks’ Reserve Ratios to Cool Prices By Bloomberg News December 10, 2010 at 4:08 AM PST 👇 China raises banks' reserve ratios again Reuters December 10, 20104:27 AM PSTUpdated 13 years ago Dec 10, 2010 - The 50 basis point increase, which takes effect on Dec 20, will leave required reserve ratios at 18.5 percent 👇 China Property Market ‘Bubble’ Set to Burst, Xie Says By Bloomberg News February 1, 2010 at 11:51 PM PST China’s property market “bubble” is set to burst as the government curbs credit growth and clamps down on speculation, according to independent economist Andy Xie. 👇 China cracks down on speculators to cool prices BY THE ASSOCIATED PRESS NOV. 23, 2010 The government has ordered banks twice in the past three weeks to raise the amount of money they hold in reserves to rein in lending growth. 👇 China cracks down on property speculation Source:Global Times Published: 2010 The Chinese government has raised the down payment for second-home buyers to a minimum 50 percent of the value from 40 percent, in a bid to curb property speculation. The decision was announced in a statement released Thursday after conclusion of an executive meeting of the State Council, the Cabinet, presided over by Premier Wen Jiabao, on Wednesday. First-home buyers must pay no less than 30 percent of the the property price if the area is above 90 square meters, the statement said. The government was stepping up the introduction of tax policies to influence purchases and adjust property investment returns, said the statement. Nationwide, land use for the construction of low-income housing, shanty town renovation and small and medium-sized homes (below 90 square meters) should account for at least 70 percent of the land approved for property development, the statement said. It also urged local authorities to accelerate housing construction approvals to ensure effective land supply, and crack down on land hoarding and speculatory behavior. 👇 China attempts to deflate its unstable property bubble China is to spend $200bn on low-cost homes as part of a series of measures to slow the rapidly rising prices of urban houses Tania Branigan in Beijing Wed 9 Mar 2011 19.24 GMT Chinese officials are blaming speculators for soaring property prices and are vowing to build 36m affordable homes over the next five years. There are already widespread concerns about China's booming property market and the threat it poses to the country's expanding economy. China would spend nearly $200bn (£123bn) on an affordable homes and social housing scheme, said deputy housing minister Qi Ji in Beijing . The pledge came a few days after premier Wen Jiabao promised to "resolutely" curb speculation to tackle excessively rapid price increases The authorities have taken various steps since spring last year to dampen the property market. These include raising interest rates, increasing the minimum downpayment required on second homes and restricting the rights of foreigners to buy property. Two Chinese cities are now imposing sales tax on property deals. While the measures have slowed growth, many fear it remains too high. In March 2010, urban housing prices shot up by 11.7% year-on-year, according to figures from the national bureau of statistics. December saw the lowest increase in more than a year, but it still stood at 6.4%. The Guardian
@M3.Lorenzo
@M3.Lorenzo Ай бұрын
Funny. It's not like the world finally discovered India for the first time after the pandemic.. 😅There's a reason why billions of dollar of investment went to China instead of India for the past decades. Unless there's fundamental upgrade to India's infrastructure, transportation, mass literacy etc., then why else would you expect the trend to shift ways now?
@Dr.Kay_R
@Dr.Kay_R Ай бұрын
India already have quite good mass literacy. Highly educated people who can't find jobs and serve as a reserve. The government is spending 30% of its budget on infrastructure and transportation.
@M3.Lorenzo
@M3.Lorenzo Ай бұрын
@@Dr.Kay_R No doubt India has improved by a lot over the past few decades, but when the question is related to making a direct competitive comparing with China, instead of other developing economies, in the areas of mass transportation networks, mass literacy etc., I'm afraid China still leads by a significant margin. Oversupply of 'highly-educated' young people concentrates in a small portion of the overall population, especially in the high-tech fields, but it still couldn't make up for the general lack of better educated mass, basic (yet still relatively cheap) labor in manufacturing.
@firdausidris6367
@firdausidris6367 Ай бұрын
Safety for expats & their family esp. women while working in global company if they're relocated to India can't even be guaranteed in India. Just look at the recent gangrape case of Brazilian tourist.
@huangzb8060
@huangzb8060 Ай бұрын
Not unless Indians stop arguing and bragging day in day out.
@taiwanstillisntacountry
@taiwanstillisntacountry Ай бұрын
22% of your population is illiterate. Which Bollywood movie are you watching?
@inconvenientTruther
@inconvenientTruther Ай бұрын
The Indian lady is reaching to hard😂
@hypocritehater1673
@hypocritehater1673 Ай бұрын
Comparing India and China is as simple as this,new BYD to BAJAJ😂
@JCSY1
@JCSY1 Ай бұрын
The newscaster / reporter seems eager to push forward but it is what it is. Wishful thinking and dreams. Nothing more.
@Kangayam_
@Kangayam_ Ай бұрын
You know byd is all stolen techs right 😂
@andrewlim7751
@andrewlim7751 Ай бұрын
​@@JCSY1 Her strong Indian ascent speak a lot.
@andrewlim7751
@andrewlim7751 Ай бұрын
​@@Kangayam_ Stole from India??
@JCSY1
@JCSY1 Ай бұрын
@@Kangayam_ says someone who know nothing real and true but live under puppet shadow.
@choonhockong8215
@choonhockong8215 Ай бұрын
David Roche is frank with his assessment of India vs China. India can learn from his comments.
@keli4068
@keli4068 Ай бұрын
india's growth is benefiting stock holder, Chinese growth benefitted common worker
@durgeshsss
@durgeshsss Ай бұрын
Yeah that's why India's per capita income increased
@adolft_official
@adolft_official Ай бұрын
compare the median income increase in china vs india and then compare the billionare income increase in endia vs china you will see@@durgeshsss
@vrealzhou
@vrealzhou Ай бұрын
@@durgeshsssstill lower than Vietnam and Bangladesh
@realnapster1522
@realnapster1522 Ай бұрын
Common workers died by millions in China. But no news comes out of dictatorship 😅
@durgeshsss
@durgeshsss Ай бұрын
​@@vrealzhoudoesn't matter.. Instead of saying this ...look at other factors
@amos325
@amos325 Ай бұрын
I can tell the reporter is desperate to lift up India
@consciouschapters8396
@consciouschapters8396 Ай бұрын
That's common to see the country in which one was born , flourish and progress
@NathanMarchack
@NathanMarchack Ай бұрын
I'm laughing at "look at the stock market charts!!!"
@grante26
@grante26 Ай бұрын
Yep totally irrelevant to the discussion.
@King_ofNight
@King_ofNight Ай бұрын
Why?? My investments Became 12X post pandemic.
@anti-bullingjames
@anti-bullingjames Ай бұрын
​@@King_ofNightthat's the issue. Indians pay too much attention to the financial market--virtual economy rather than to build foundation for future growth. The real, sustainable growth comes from the good infrastructure, solid manufacturing base, and technological development.
@rahulramteke3210
@rahulramteke3210 Ай бұрын
​@@anti-bullingjames 💯
@jly5828
@jly5828 Ай бұрын
Japan stock market chart is looking good while it economy is entering recession.
@zhli4238
@zhli4238 Ай бұрын
India has cheaper labors, but there’s nothing made in India visible.
@firdausidris6367
@firdausidris6367 Ай бұрын
I wont buy any electronics or car made in India, if clothing, textile maybe I wont mind.
@mujur9101
@mujur9101 Ай бұрын
​@@firdausidris6367 After you see how the Indian harvest the cotton, and sewing it, you might change your words. 😅
@balajib1406
@balajib1406 Ай бұрын
​@@firdausidris6367who cares😅 domestic market itself huge😅😅
@firdausidris6367
@firdausidris6367 Ай бұрын
@@balajib1406huge domestic market but low income citizens, not a good consumer market concept there.
@deezeed2817
@deezeed2817 Ай бұрын
I recently bought a towel and found out it was Made in India but the quality of the towel is quite bad because it wouldn't absorb the water. Funnily enough it was cotton and i compared it to the Chinese made one in my wardrobe which was also cotton but the absorption was like night and day. I don't think India's manufacturing is going to replace China anytime soon. If they do start manufacturing more then it will be at the very low end like China during the 80's to 00's and it's a long slow process to industrialise in that manner especially given that India does things slower then we may not see India engaged in advanced manufacturing until the 2070's at the earliest. By 2050 India will start ageing and that may also cause problems for their manufacturing ambitions and what will the world look like by then? Will we move beyond capitalism and free trade? I just don't think we will see any sort of Indian superpower within our lifetimes. There'll be some improvements and changes but given that they need more jobs for their large and young workforce the Indians have to do alot more than what they're doing now.
@fookcheonkhaw7147
@fookcheonkhaw7147 Ай бұрын
India needs to dramatically improve infrastructure development. Currently India has power and water shortages that hinder manufacturing activities.
@RamanandSinghRajput
@RamanandSinghRajput Ай бұрын
Don't say anything Power shortage??? Never & water shortage is only in some regions, Rest of India is blessed with Water bodies that it becomes floody everytime
@daqiansun7944
@daqiansun7944 Ай бұрын
That is exactly why India need infustracture. China has the same problem that southern part has many flooding rivers and north suffers from water shortages. So we build a huge canal system thousands of kilometers long to drive water from ​South to the north. Beijing's underground water level kept dropping for many years but now it started to recover.@@RamanandSinghRajput
@user-br9oi2sh7o
@user-br9oi2sh7o Ай бұрын
@@daqiansun7944 No, India is perfect, let it be and let it keeps on dreaming ok, no point and should not wake it up like the Moon landing vehicles that goes into hibernation or comatose.
@sjaw100
@sjaw100 Ай бұрын
The stock market is not the real economy! The Japanese stock market boomed but its economy is weak, productive competitiveness gone!
@klarkewang
@klarkewang Ай бұрын
Stock has nothing to do with economy for jesus christ
@cinpeace353
@cinpeace353 Ай бұрын
CNBC is using the wrong chart. Not sure is it because of not knowing how economy works. To talk about replacing China as a world factory, they should compare export volume instead of stock market index. 😅
@namelesswarrior4760
@namelesswarrior4760 Ай бұрын
not what the India host wanted to hear.
@peteip2604
@peteip2604 Ай бұрын
India fails to make products to compete in its own market, forget about competing against USA, Europe, China and Japan.
@ayushmankar4100
@ayushmankar4100 Ай бұрын
TATA and Mahindra laughing in the corner
@Homie5151
@Homie5151 Ай бұрын
​@@ayushmankar4100 Cope.
@RJ-bq4ix
@RJ-bq4ix 23 сағат бұрын
​@@ayushmankar4100 hundai out sells mahindra even in India😂
@bepis888
@bepis888 Ай бұрын
The best comparison for India is actually Pakistan.
@userngo09.02bmo
@userngo09.02bmo Ай бұрын
Why is India so fixated on wanting to compare with China!
@FallenLeavesBackToRoots
@FallenLeavesBackToRoots Ай бұрын
Because they suffer from delusion of grandeur.
@smling11
@smling11 Ай бұрын
3 things India must do, to be considered seriously. First, India must allow foreign companies to be able to make money in India and able to have profit taken home. Second, and third: see above.
@icefishing6592
@icefishing6592 Ай бұрын
Didn't India give foreign companies tax benefits at first to attract them to invest in India?
@adolft_official
@adolft_official Ай бұрын
India is an oligarchi , billionares lobby to stop free markets. Many endians don't know this
@catinbootsnow4267
@catinbootsnow4267 Ай бұрын
​@@icefishing6592 Foreign companies were lured in, then they got punished by red tapes, fines, penalties, law suits and worker strikes. There were no successful foreign companies in India. See the annual reports of the multinationals and check where India is in their reports.
@yiquny
@yiquny Ай бұрын
​@@icefishing6592then deliver fines arbitrarily to offset trade deficit every year
@icefishing6592
@icefishing6592 Ай бұрын
That is really funny. I really like the way India plays game. Quite astonishing ​@catinbootsnow4267
@clearheaded5696
@clearheaded5696 Ай бұрын
How to be honest without disappointing someone with an answer that doesn't match their expectation or fantasy. I saw this example of it here very well.
@hengleekai7788
@hengleekai7788 Ай бұрын
It is not going to happen. And please don't bring it up again. Lol
@damini6835
@damini6835 Ай бұрын
That what people tell to China in 90 's
@DW-op7ly
@DW-op7ly Ай бұрын
India with a younger workforce A larger workforce And lower wages Is averaging 90 to 100 billion dollar trade deficit each year, with China since 2022 👇 India's trade deficit with China stood at $101.02 billion, surging past the $100 billion mark for the first time. TheWire
@Homie5151
@Homie5151 Ай бұрын
​@@damini6835India's situation is not the same lmao. Stop dreaming.
@halo7250
@halo7250 Ай бұрын
It is an undeniable fact that transforming India into a manufacturing powerhouse to match China's capabilities will require several decades of investment and development. To achieve this, the country needs to spend trillions of dollars on key infrastructure projects, which, given the level of corruption and bureaucracy red tape in the country, will take a significant amount of time to complete. India needs to have world-class transport connectivity between factories and ports, highly efficient deep-sea ports that can handle high cargo volume, a 24/7 power infrastructure and distribution network, water reservoirs/desalination plants with pipelines connecting to industries for uninterrupted water supply, and a robust sanitation plant to treat highly toxic industrial discharge. In addition, the country needs to establish a residential zone with basic utilities and leisure facilities to house workers in the industrial park. Taking a page out of China's book, India should invite specialists to teach them about city planning and how to set up their industrial park properly. Failure to plan the city and industrial zone adequately will result in India becoming a toxic wasteland due to unregulated industrial waste discharge into the rivers or lakes as industrialization ramps up. India needs to be careful about what it wishes for and take proactive steps to ensure that it achieves its goal of becoming a manufacturing hub without compromising the environment and the health of its citizens. Please take a moment to review Suzhou industrial park and determine which industrial park in India is most similar to it. If there isn't one, then India need to estimate the timeline to reach that level.
@archstanton5973
@archstanton5973 Ай бұрын
*ESPECIALLY PRIMARY EDUCATION.*
@oneplanetearth
@oneplanetearth Ай бұрын
Ok ok india is the best happy 😂 Recently many india cities listed top worst polluted cities in the world. So dont compare just take care your citizens ✌️✌️✌️
@realnapster1522
@realnapster1522 Ай бұрын
China also has most polluted cities. That’s problem faced by all countries. Even LA is polluted.
@archstanton5973
@archstanton5973 Ай бұрын
@@realnapster1522 It's 2024 NOT 2014: China has cleaned up the air of the cities...... *The FILTHIEST POLLUTED CITIES ARE ALL IN SOUTH ASIA NOW.....* It's 2024 TRY TO KEEP UP.
@Lagoost
@Lagoost Ай бұрын
Tell the world the fact.. How many gold medal did India won in the Olympic games compared to China, the answer is there, facts hurt..
@mysticwatersoo
@mysticwatersoo Ай бұрын
They force their kids to prison like environments for getting Olympic gold...India is a democracy, human lives are more important than medals
@somakchatterjee6429
@somakchatterjee6429 Ай бұрын
What medals has to do with trade? 🤡
@user-ux2io3gx9m
@user-ux2io3gx9m Ай бұрын
India has the consolation of the gods; India does not need the truth
@mysticwatersoo
@mysticwatersoo Ай бұрын
@@user-ux2io3gx9m commies don't believe in God also..For them Mao was God
@rexteo8062
@rexteo8062 Ай бұрын
Caste system, briefcase cultures, 22 official languages + English, weak infrastructure building-up, cities management, overseas business associations are the shorts of India.
@shivanshukumar5942
@shivanshukumar5942 27 күн бұрын
Provide social Categories of 4 instead to introduce History and Economic upliftment
@phillipchan6044
@phillipchan6044 Ай бұрын
What about India? what ABOUT india?.... There really is nothing to say about India.
@vision9275
@vision9275 Ай бұрын
Yes, nothing. Still no toilets anywhere, it's 'business as usual' there.
@peterneil6859
@peterneil6859 Ай бұрын
Cow dung country 😂😂😂
@realnapster1522
@realnapster1522 Ай бұрын
Yeah fastest growing major economy. Nothing to say 😅
@arbjful
@arbjful Ай бұрын
@@realnapster1522fastest growing….population
@archstanton5973
@archstanton5973 Ай бұрын
@@realnapster1522incredible! superpower! india! has a PER CAPITA GDP of 2,600 dollars *WHICH MEANS THAT incredible! superpower! india! IS POORER/HAS A LOWER PER CAPITA GDP than:* *- ANGOLA* *- GHANA* *- REPUBLIC OF CONGO* *- IVORY COAST* *- PAPUA NEW GUINEA* *- SANCTION-DESTROYED VENEZUELA* *- SANCTION-DESTROYED IRAN* *- ECONOMICALLY FAILED LEBANON* *- NAZIsraeli-OCCUPIED PALESTINE* *- WAR DESTROYED SYRIA* *- WAR DESTROYED LIBYA* *- STREET GANGS DEVASTATED EL SALVADOR* AND, if we then take into account the 440 MILLION "indians" IN Uttar Pradesh and Bihar and Madhya Pradesh, we see that those 440 MILLION "indians" *ARE POORER/HAVE A LOWER PER CAPITA GDP than people in:* *- KENYA* *- HAITI* *- ZIMBABWE* *- SENEGAL* *- CAMEROON* *- ZAMBIA* *- TANZANIA* *- UGANDA* *- SUDAN*
@bindurao3463
@bindurao3463 Ай бұрын
Good observation. India will focus on making sure it makes products for its market first before meeting requirements of other countries. It's domestic consumption is first focus.
@fanaticcoder3320
@fanaticcoder3320 Ай бұрын
Enjoy your votocracy, development is not a thing for bindus.
@truthseeker327
@truthseeker327 Ай бұрын
but a small percentage of workers must give profits to MNCs otherwise why will they invest
@RoyFJ65
@RoyFJ65 Ай бұрын
India will what????
@subasthapa4839
@subasthapa4839 Ай бұрын
Superpower 2030
@darthcef
@darthcef Ай бұрын
Wasnt it superpooper 2020?​@@subasthapa4839
@Rav01508
@Rav01508 Ай бұрын
Most automated countries in the world. Industrial robots density per 10,000 workers 2022: 1. S. Korea🇰🇷 = 978 2. Singapore🇸🇬 = 605 3. China🇨🇳 = 420* 4. Japan☢️ = 380 5. Germany🇩🇪 = 370 6. Sweden🇸🇪 = 290 7. HongKong🇭🇰 = 270 8. USA🇺🇸 = 250 9. Taipei🇨🇳 = 240 10. Denmark🇩🇰 = 240 *China is the world's fastest growing country in terms of robotics adoption in manufacturing. It is currently the world's largest market for industrial robots, accounting for half of global sales. Robots can increase productivity by a factor of 10 and reduce wastage by 90%. This is bad news for over-populated developing countries such as India, which is hoping to replace China as the factory of the world, solely based on its "demographic dividend" of cheap labour. In a world of robotics 🤖
@8spores
@8spores Ай бұрын
Agree. Add to that with Ai and stuff like ChatGPT, even India software competitiveness will be eroded too.
@ayushmankar4100
@ayushmankar4100 Ай бұрын
Israel too
@fb6667
@fb6667 Ай бұрын
I want to go to India to set up a factory to employ 1 thousand workers, and employ local managers, management staffs and CEO, and keep my profit in India and never take out of the country. Can anyone tell me who to see and when can I start?
@MsBay129
@MsBay129 Ай бұрын
Modi?
@fb6667
@fb6667 Ай бұрын
😂 that's his policy, I think the policy is specifically for investors like me, I just sent them money and let them run the show, just incase profit being made, I can't take them out. Jolly good ☺️
@catinbootsnow4267
@catinbootsnow4267 Ай бұрын
Have dinner together with PM Modi in Delhi and his cabinet. For 6 months. Then review.
@arbjful
@arbjful Ай бұрын
Why would you do that? Never take profits out?
@MsBay129
@MsBay129 Ай бұрын
@@arbjful Pulling your legs. 😊
@coutinhorio99
@coutinhorio99 Ай бұрын
in cyrus jenssen channel and topic about china india,cyrus said that india infrastructure and power plant is about 20 years left behind china.......just look at the high speed train and traditional india train.....one easily see hows the development comparition...let alone work ethic.......
@qr5558
@qr5558 Ай бұрын
I have lived for decades and have never seen anything made in India.
@grouchypatch9185
@grouchypatch9185 Ай бұрын
Some. My shop sells rugs, cushions, trinkets from india. Not much.
@TG-nx7xe
@TG-nx7xe Ай бұрын
at such a low GDP per capita level, the development of domestic market will be slow and challenging...
@shivanshukumar5942
@shivanshukumar5942 27 күн бұрын
PPP GDP
@wf645
@wf645 Ай бұрын
When India is able to retain its talent that chooses to migrate overseas for better living and pay, when India is able to fix its multiple language issues, when India is able to have infrastructure, when India is able to fix its political system and when India is able to have toilets, when India is capable to produce educated and productive workfoce ... than maybe a small maybe have a remote chance ...
@eternalknowledge2791
@eternalknowledge2791 Ай бұрын
Workforce is building and infrastructure is developing.people are living better life.India will be powerful next decade
@adolft_official
@adolft_official Ай бұрын
one of the worst case of malnutrition, stunted children, lowest spending on primary education, healthcare@@eternalknowledge2791
@tonychen7757
@tonychen7757 Ай бұрын
This could happen, but might take 50-100 years. By then Nigeria might start to replace India.
@thecomment9489
@thecomment9489 Ай бұрын
LOL
@siriusman6169
@siriusman6169 Ай бұрын
Funny, I pray so
@realnapster1522
@realnapster1522 Ай бұрын
Chinese troll feeing insecure.
@arbjful
@arbjful Ай бұрын
By 50-100 years the population in India will grow old, the birth rate will fall. There will be more old people than young. Immigrants from Africa and other growing economies will contribute to the work force in India The focus will be more on senior citizen health issues
@user-bs5yn2pm7r
@user-bs5yn2pm7r Ай бұрын
If India is better than China, then India will not ask these questions with a guilty conscience
@mountainclimber4511
@mountainclimber4511 Ай бұрын
Instead of generalizing the points, can you please elaborate any field that India is near to China? infrastructure, Education, skilled workers, political stability, female participation, space, technology, EVs, Solar, Wind, AI, Semiconductors, Chips, batteries, agriculture, electronics,............so on..India is at least 10-30 years behind in most of these fields..if can someone enlighten me on this..if not how can India be next China?
@jsyo9639
@jsyo9639 Ай бұрын
But but but, we are superpower😂😂😂😂😂
@jxmai7687
@jxmai7687 Ай бұрын
That Chat is comparing apple with orange. 😂
@DataCrusade1999
@DataCrusade1999 Ай бұрын
I'm just waiting for the Indian brigade to get here.😅
@NishantKumar-dd8br
@NishantKumar-dd8br Ай бұрын
Yeah m*********** we have arrived😂😂
@willengel2458
@willengel2458 Ай бұрын
Indian keyboard warriors.
@rahulshah98
@rahulshah98 Ай бұрын
Well I see more of the China brigade here than an Indian brigade 🤔
@thefreemonk6938
@thefreemonk6938 Ай бұрын
@@willengel2458 Comment section is filled with anti-India sentiments, as expected by Chinese keyboard warriors.
@subasthapa4839
@subasthapa4839 Ай бұрын
​@@rahulshah98 cope
@alextube2551
@alextube2551 Ай бұрын
The host seems disappointed
@subasthapa4839
@subasthapa4839 Ай бұрын
Very much
@leaprotein2009
@leaprotein2009 Ай бұрын
He told the truth 😂
@stevenpreston5619
@stevenpreston5619 Ай бұрын
Poor lady, that really hurt her feelings 😢
@turtlesoup8134
@turtlesoup8134 Ай бұрын
5% growth is virtually stagnating?
@pratikpatil6342
@pratikpatil6342 Ай бұрын
yupp, it's stagnated and most probably will down hereafter
@turtlesoup8134
@turtlesoup8134 Ай бұрын
@@pratikpatil6342 so 5% growth is stagnated? did you even read what i wrote? are you so blinded by hate and propaganda that you forgot facts? And you don't even live in China, but I do and i can see it with my own eyes and hear it from the people on the ground.
@turtlesoup8134
@turtlesoup8134 Ай бұрын
@@pratikpatil6342 did you forget what a 5% growth means?
@wichaipongthadaporn2026
@wichaipongthadaporn2026 Ай бұрын
@@pratikpatil6342 The total value of China 5% growth (from 18 trillion usd) in 2023 is 3 time bigger than the value of India 8.5% growth (from 3.7 trillion) in 2023 and slightly bigger than the value of USA 3% growth (from 27.3 trillion) in 2023. Is this still considered stagnation!???
@jetli740
@jetli740 Ай бұрын
@@pratikpatil6342 with more people like you, india not going anywhere
@michaelfung4629
@michaelfung4629 Ай бұрын
Don't shatter the dreams of all Australians
@NeostormXLMAX
@NeostormXLMAX Ай бұрын
Australians are already having a problem with all the pajeeet immigrants
@wolf-man-bear-pig-torque
@wolf-man-bear-pig-torque Ай бұрын
I’ll rephrase David’s assessment to be more blunt: India missed the gravy train to anchor development with the western countries which China, as well as many other countries in Asia and Latin America did. India’s notorious protectionist policies forced their economy to prioritize on the domestic market rather than than catering to international trends and needs. India had more than 10 years to prove itself, way before the Make in India campaign, and they just couldn’t do it.
@user_ar6332
@user_ar6332 Ай бұрын
from 2004 to 2014 the Congress Party was in power in India. They signed a MOU with the Chinese Communist Party, dont know how much money went into the Gandhi Family's Swiss Bank accounts, but it was agreed between them that they would 'take care of' 'chinese interests' in India, and whatever manufacturing we had, was slowly dismantled between 2004 and 2014.
@snowlee-ml7rr
@snowlee-ml7rr Ай бұрын
It has a reputation as a cemetery for foreign-owned enterprises.
@snowlee-ml7rr
@snowlee-ml7rr Ай бұрын
@@user_ar6332 This is just you blaming the failure on the previous administration. Just like you put the responsibility for the Sino-Indian border issue on Nehru. If you look carefully at the data on India's industrial structure, you will find that Modi has been boasting about building a manufacturing powerhouse since 2014. What is the result? The proportion of manufacturing in GDP fall from 14% in 2014 to 12.8% in 2023.
@kikikaikai6731
@kikikaikai6731 Ай бұрын
为啥美国人天天讨论谁代替谁,谁超过谁….制造焦虑和恐惧😂任何国家都是不可取代的
@vlhc4642
@vlhc4642 Ай бұрын
China literally adds an entire India of manufacturing output every 12 month....
@mari-us6rh
@mari-us6rh Ай бұрын
China's economy grew last year with 5.2%( +900billion usd)and it's stagnating! India 7.5%(200billion usd) grew exceeds China's Growth!??? lol....
@ericshang7744
@ericshang7744 27 күн бұрын
Actually you missed the point. China and India are at different development stages. When China was at India’s stage, China achieved 10%+ growth rate over a decade. We need to compare apple to apple. That is if we are comparing India to China at all.
@pbworld7858
@pbworld7858 Ай бұрын
How crafty of this women to show a chart of percentage rise. A 100% rise in a small number is still a small number. That's like saying I scored 90% in last year's exam and I scored the same this year, whereas you scored 2% last year and double that this year. Big deal.
@hongqi5734
@hongqi5734 16 күн бұрын
The Anchor face showed she was so disappointed when the man said India is never going to replace China as the world manufacturer. 😂😂
@bl4ckb3ll
@bl4ckb3ll Ай бұрын
i tried buying made in dia, but unfortunately the product does not suit my appetite nor xpectation. the lack of art and quality.
@vorlon81
@vorlon81 Ай бұрын
I make sure i dont have any MADE in INDIA crap.
@weichengcn
@weichengcn Ай бұрын
How are you gonna do that? By giving up your modern life and live in a cave?
@jayzee316
@jayzee316 Ай бұрын
what does india make? I rarely see any products
@vorlon81
@vorlon81 Ай бұрын
@@jayzee316 Chocolates apparently. Found them in a value store.
@peterneil6859
@peterneil6859 Ай бұрын
​@@jayzee316Cow dung chocolate....😂😂😂
@firdausidris6367
@firdausidris6367 Ай бұрын
@@weichengcn I live my fulfilling modern life now 100% without any made in India items. In fact I don't even know any brand/goods made in India, except for certain latest problematic iPhone, but my iPhone made in China.
@hendrang1
@hendrang1 Ай бұрын
the stock market is not a real economy, but rather a speculator's market.
@williamaseng
@williamaseng Ай бұрын
India still lacks infrastructure, ports, technology, and supply chain to compete with China. While it will still grow, China will keep its dominance for a long time. It’s way too efficient in China. China growing at slower pace still adding more to the economy than India’s 6-7% growth rate due to the scale of the economy.
@cashmerecat9269
@cashmerecat9269 Ай бұрын
Please don't break palki sharma's heart.. please..she's been dreaming about becoming the next super power but endia turns out to be the next super puppet instead.
@DavidPat
@DavidPat Ай бұрын
India is a collection of territories. It's size is a hindrance and not necessarily an advantage. Too many differences between regions.
@SirLancelotsSpear
@SirLancelotsSpear Ай бұрын
So is China.
@supersayaaain
@supersayaaain Ай бұрын
Nope​@@SirLancelotsSpear
@jetli740
@jetli740 Ай бұрын
@@SirLancelotsSpear china have no problem
@tobacco118
@tobacco118 Ай бұрын
Yes. India is a union of many states. It doesn't have a core ethnic majority, largest ethnic Bengali only makes up 10% of population. So there's huge infighting over religion, ethnic/race, language policy, resources like water sharing......etc. Punjabi farmers are protesting against Modi again, ethnic war going on months in Manipur...
@niceguy76
@niceguy76 Ай бұрын
@@SirLancelotsSpear India still lacks infrastructure, ports, technology, and supply chain to compete with China. While it will still grow, China will keep its dominance for a long time. It’s way too efficient in China. China growing at slower pace still adding more to the economy than India’s 6-7% growth rate due to the scale of the economy.
@daniellelee4920
@daniellelee4920 Ай бұрын
The next China is China😂
@yzhang9265
@yzhang9265 Ай бұрын
'What about India?' is a good question to keep asking everyone.
@halo7250
@halo7250 Ай бұрын
It's important to note that Equity Index is simply a cash investment by large financial firms into speculative markets. This means that money can come in fast and leave just as easily. In order to accurately predict industrial growth in a country, we need to focus on tangible models. One such model is the number of foreign invested factories successfully set up and producing goods 24/7 at 100% capacity without interruptions. This is a reliable indicator of a country's industrial growth and economic potential.
@mchandra2994
@mchandra2994 Ай бұрын
Anchor is pushing the guest to praise India again and again
@jsyo9639
@jsyo9639 Ай бұрын
She’s desperate..😂😂😂😂
@kdramang4521
@kdramang4521 Ай бұрын
India is proud that its growth rate of 7.7% vs China's of 5%. But one thing is forgotten 7.7% of 3.7 trillion USD vs 5% of 17.5 trillion USD
@mingouczjcz3800
@mingouczjcz3800 Ай бұрын
Only out of reality or coned by Indian Bollywood hype, people would ask this type of questions
@realnapster1522
@realnapster1522 Ай бұрын
Many years ago, people said the same thing about Japan and China.
@billjobs7549
@billjobs7549 Ай бұрын
But This time India talk too much about it as if they already overtake China GDP. Thats why many people hate indian😊
@blokin5039
@blokin5039 Ай бұрын
Difference is that both the Japanese and Chinese are intelligent and hard working people.
@realnapster1522
@realnapster1522 Ай бұрын
@@blokin5039 same as Indians. Only a fool will underestimate Indians who invented decimal number of systems and taught the world how to count.
@rog4464
@rog4464 Ай бұрын
And both of these countries (as well as Korea and Singapore) are within the Confucian cultural sphere.
@realnapster1522
@realnapster1522 Ай бұрын
@@rog4464 so what? India was largest economy of ancient world. There is nothing special about China or Chinese culture.
@subasthapa4839
@subasthapa4839 Ай бұрын
Curry interviewer seems angry
@JESUSANAKTUHAN-uj7on
@JESUSANAKTUHAN-uj7on Ай бұрын
India mostly hallucinates.. 😂😂😂😂😂
@neilbhatt7096
@neilbhatt7096 Ай бұрын
not as much as jesus.
@JESUSANAKTUHAN-uj7on
@JESUSANAKTUHAN-uj7on Ай бұрын
@@neilbhatt7096 India is known for boasting but not according to the facts..
@subasthapa4839
@subasthapa4839 Ай бұрын
Just Indian things
@Rav01508
@Rav01508 Ай бұрын
In 2000, the share of global manufacturing for China and India was 7% and 1%, respectively, but in 2023, China’s share had grown remarkably to 39% while India’s share languished at 2%. While China’s share of global goods exports increased from 2% to 15% annually, India’s merely grew from 1% to 2%. “Will India Surpass China to Become the Next Superpower?” Harvard University Foreign Policy Studies 2023
@mubolge1358
@mubolge1358 Ай бұрын
China 28.4 India 3.3 correct ur data
@rahulshah98
@rahulshah98 Ай бұрын
Chinese Data @ 39% incorrect
@thefreemonk6938
@thefreemonk6938 Ай бұрын
2000 to 2014 were lost years
@Rav01508
@Rav01508 Ай бұрын
@@thefreemonk6938 2014 to 2024 were sleeping years
@thefreemonk6938
@thefreemonk6938 Ай бұрын
@@Rav01508 Still better than lost years, you gotta start somewhere.
@christopherrichardwadedett4100
@christopherrichardwadedett4100 Ай бұрын
Depends on the evolution of Globalism, namely American finance, commerce and industry in the world: India will never replace an outdated and surpassed model?
@maxdc988
@maxdc988 Ай бұрын
My advice to India is to teach morals for the masses, inculcate self-discipline, respect women, punish criminals heavily, reduce corruption and there is a long list of things they need to do before they think of attracting foreign investments. India has always been in the limelight for all the wrong reasons. Namaste 🙏.
@SirLancelotsSpear
@SirLancelotsSpear Ай бұрын
Shove it. From wherever you are...why only India is highlighted? Crimes happen in many countries, but why is India highlighted by the Western media. Indian students being murdered in the U.S. every day was it ever highlighted? So shove it.
@arbjful
@arbjful Ай бұрын
🙏
@ayushmankar4100
@ayushmankar4100 Ай бұрын
First see yourself and then lecture us
@johnyossarian9059
@johnyossarian9059 Ай бұрын
But India has taken over China in 2020 when it became a superpower. While China today is still a developing country
@mygaylord1337
@mygaylord1337 Ай бұрын
No wonder India is the Richest and Cleanest Country in the World..... They also have the best scamm..... I mean IT services in the world to fix your computer......
@johnyossarian9059
@johnyossarian9059 Ай бұрын
@@mygaylord1337 You're just jealous of India's supah powa. And yes, India is so clean, many Indians eat off the ground. They don't even need tables or even plates! The ground in India is that clean!
@mdadil1456
@mdadil1456 Ай бұрын
This is india saar phull sapot saar
@subasthapa4839
@subasthapa4839 Ай бұрын
Thank you saar
@mygaylord1337
@mygaylord1337 Ай бұрын
@@johnyossarian9059 No wonder you are so smart, a real Indian :)
@helloworld040
@helloworld040 Ай бұрын
Someboby said that setting up an Enterprise required a bribe of 15% a couple of years ago. Nowadays bureaucrats demand a 50% bribe in India.
@ljl3373
@ljl3373 Ай бұрын
The lady is an epitome of India: dream big, do little!
@choonhockong8215
@choonhockong8215 Ай бұрын
India can beat China in the global economy if India could eradicate corruption in their country. Also, India adopt the western democratic system of governance, chaotic because of strong opposition parties to oppose policy from the ruling party. Also, India does not have a common language and strong caste system, multi racial country.
@fanaticcoder3320
@fanaticcoder3320 Ай бұрын
IF is the keyword here.
@leeliu6867
@leeliu6867 Ай бұрын
India has to fixed it sanitation problem first before competing with china
@eternalknowledge2791
@eternalknowledge2791 Ай бұрын
Who told you? Your media which show some slum which are very small part or country side underdeveloped people videos but it is not entirely true if your media showed positive then you will see true.
@taiwanstillisntacountry
@taiwanstillisntacountry Ай бұрын
India claimed to be a superpower in 2020.
@damini6835
@damini6835 Ай бұрын
Prc bot are on.
@tobacco118
@tobacco118 Ай бұрын
They made claims about becoming a superpower 20 years ago in 2,000. If you're old enough to remember.
@venom-kc7ri
@venom-kc7ri Ай бұрын
🤣🤣🤣🤣🤣🤣
@catinbootsnow4267
@catinbootsnow4267 Ай бұрын
Super loudspeaker of the world.
@marlion6183
@marlion6183 Ай бұрын
​@@damini6835asan bot anger😂😂😂
Stupid man 👨😂
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