Comments by "" (@Rav01508) on "Bloomberg Television"
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Problem in pajeetland 🇮🇳 which will never be solved
1. Poverty: Persistent poverty affects millions, especially in rural areas.
2. Unemployment: High joblessness, particularly among the youth.
3. Education Disparities: Unequal access to quality education across regions.
4. Healthcare Access: Inadequate healthcare infrastructure, especially in rural areas.
5. Corruption: Corruption hinders development and public services.
6. Pollution: Severe air and water pollution, especially in urban areas.
7. Rape and Sexual Violence: Widespread reports of rape, harassment, and abuse, calling for stronger legal action and protection for victims.
8. Gender Inequality: Discrimination and violence against women in various forms.
9. Sanitation and Hygiene: Poor sanitation, leading to diseases and health problems.
10. Water Scarcity: Limited access to clean drinking water and irrigation.
11. Climate Change: Rising temperatures and erratic weather affecting agriculture.
12. Religious and Communal Tensions: Conflicts based on religion disrupt social harmony.
13. Judicial Delays: Slow legal processes and a massive backlog of court cases.
14. Child Labor: Continued exploitation of children in labor despite laws.
15. Farmer Suicides: Agricultural distress leading to farmer suicides.
16. Urban Slums: Overcrowded and underdeveloped slums in major cities.
17. Drug Addiction: Rising drug addiction, particularly in states like Punjab.
18. Caste Discrimination: Persistent social inequality based on caste.
19. Public Infrastructure: Inadequate transportation, electricity, and roads in many regions.
20. Mental Health Stigma: Lack of access to mental health care and societal stigma.
And Many More
Shame on poojeets
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There's a lot of misinformation out there regarding this scandal, so I am sharing some FAQs from the official WADA report.
Why is WADA accepting a trimetazidine (TMZ) contamination explanation in this situation but not with others?
Contamination can occur in various forms (e.g. contaminated nutritional supplements, contaminated meat, contaminated water, contamination of medicines). In each case of alleged contamination, the specific contamination scenario must be assessed and tested in order to determine whether it is plausible, compatible with the Adverse Analytical Finding(s) [AAF(s)] and likely to be accepted on the balance of probabilities.
This was thoroughly done in this case and not only was there no evidence pointing towards a doping scenario, but all the existing evidence was supporting the theory of contamination. Indeed, even leaving aside the fact that TMZ was discovered by the Chinese authorities in the kitchen of the hotel, the analytical results – in particular, the fact that all the positive results were within a tight range at low or very low concentrations, as well as the fact that, where athletes were tested more than once, their results fluctuated between negatives and (low-level) positives a few hours apart – were not consistent with an excretion profile of a deliberate ingestion scenario of TMZ, but rather with some form of contamination.
Why did WADA not make any publication about these cases?
As explained above, CHINADA decided not to charge these athletes and, although WADA did not entirely agree with that decision, WADA did not appeal for the reasons explained.
As a result, no ADRV was established. As the ADRVs were not asserted, there was no basis in the Code to publish any details about the cases.
It should be noted that, in recent years, a number of ADOs have argued that publication of cases in which athletes are found to have no fault or negligence (as WADA accepted here) is unfair to the athletes.
As an example, a recent case that was resolved as no fault by the United States Anti-Doping Agency (USADA), in which the athlete was found to have innocently come into contact with a prohibited substance by administering medication to their dog, USADA CEO Travis Tygart has been publicly quoted as saying the following: “If there is no question that an athlete comes into contact with a prohibited substance from a completely innocent source and there is no effect on performance, USADA continues to advocate that there should not be a violation or a public announcement.”
Would the swimmers have had any performance benefit as a result of the TMZ?
Based on the concentrations of TMZ detected in the athletes’ samples, there would have been no performance benefit during the national competition on 1-3 January 2021, let alone at subsequent events such as the Olympic Games in Tokyo some seven months later. The national event from 1-3 January 2021 was not a qualification event for the Olympic Games and there were no international events held before the Olympic Games in Tokyo.
Some more general points from the report
There were 23 swimmers and 28 positive samples.
The swimmers were from different regions of China, with different coaches and from different swimming clubs.
The swimmers were in the same place at the same time when the positive samples arose.
All of the sample results were at consistently low levels.
A number of these athletes were tested on multiple occasions during the swim meet. Some of them were tested on three occasions on consecutive days. For several athletes, the results varied from negative to positive a few hours apart, which is not compatible with deliberate ingestion nor micro- dosing.
Also, one team of athletes stayed in a different hotel. Three of those athletes were tested and none tested positive for TMZ.
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Despite similar population number at 1.4b, India only have 672m workforce vs 931m for China. 48% Indian worked to support the others 52% unproductive population vs 66% Chinese worked to support the others 34% unproductive population.
India:
Population 1.4b
Male 700m = 73% labor force participation rate
Female 700m = 23% labor force participation rate (On par with Somalia, Pakistan, Palestine)
Total workforce = 511+ 161 = 672m
Literacy Rate = 69%
Educated workforce = 463m
Grain production = 330 million tons
Grain Reserve = <40 million tons
China:
Population 1.4b
Male 700m = 72 % labor force participation rate
Female 700m = 61% labor force participation rate (On par with Canada, Netherlands, Israel)
Total workforce = 504 + 427 = 931m
Literacy Rate = 95%
Educated workforce = 844m
Grain production = 686 million tons
Grain Reserve = >700 million tons
Comparing India to China is akin to comparing Pakistan to Japan , Bangladesh/Nepal to South Korea , Sri Lanka to Taiwan . One group is influenced by Chinese civilization, the others group is influenced by Indian civilization. Two different class. One is Yellow the others is Brown/Dark. One uses chopsticks, the others uses bare hand. The most developed country in ASEAN is Singapore, a nation populated by predominantly Chinese an East Asian origin people.
One group collectively & consistently ranked within the world top 10-20 in IQ Test, PISA Score, University Rank, International Collegiate Programming Contest (ICPC) & Mathematical Olympiad standing shoulder to shoulder with western world ....while the others group collectively & consistently ranked somewhere in the middle out of 100+ participant nation standing shoulder to shoulder with some failed states & banana republic.
It's like comparing some Africans countries with Europe. No developed countries exist outside of Western & East Asian world.
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India is at No.126 out of 137 countries on the World Happiness Index
Causes: Unemployment, congested cities, rising pollution, cost of health care, rise in crimes against women and minorities, rising debt among farmers, government inefficiency, corruption, nepotism, cronyism, caste
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What is the total debt of Africa?
The Bank Group estimates that Africa's total external debt, which stood at $1.12 trillion in 2022, had risen to $1.152 trillion by end-2023.15 May 2024
How much loan China gave to Africa?
China has vaulted to the top bilateral lender for many African nations like Ethiopia in recent years. It has lent the continent a total of $182.28 billion between 2000-2023, the Boston University study found, with the bulk of the finances going to Africa's energy, transport and ICT sectors.29 Aug 2024
Since 2000 China has only lend 170 billions dollars 💵 to Africa countries.
1.152 trillions (1,152,000,000,000 dollars) compared to China total loan to Africa countries since year 2000 which is only (180,000,000,000 dollars).
Which is China loan to Africa countries make up 15% only.
So, Africa countries debts to World Bank , IMF and others make up 85%.
So, how China create a debt trap with just 15%?
With just 15%, China built the bulk of infrastructure including roads, rails, airports, hospitals, schools, power stations and more. What did the 85% from IMF/World bank built and with what condition? Which is a trap?
Britain's Debt Justice charity found in a 2022 study, based on World Bank figures, that more African governments' external debts were being owed to Western banks, asset managers and oil traders (35%) than to Chinese lenders (12%). It also found that interest rates charged on western private loans (5%) were almost double that of Chinese loans (2.7%) and that "the most indebted countries were less likely to have their debt dominated by China".
Long debunked propaganda.
Sri Lankan foreign debt: 80% Western, 10% Japan, 10% China.
Watch Geopolitical Economic Report.
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If India says that China is not doing well, I just can't imagine how horrific it must be in India
This is like an F-grade student telling an A+ student he is not doing well.
- China's economy is 6 times larger than India's.
- China's yearly growth is 5 times greater than India's.
- China has better living conditions and healthcare; on average, they live a whole decade more than their Indian counterpart.
- China is 60 times richer than India. (I know it's unfair that the British looted 45 trillion from India, but it is what it is).
- China launches 20–50 times more rockets than India into space every year.
- China is a lot more intelligent, with an IQ of 104 compared to India's 76.
- China is more athletic and stronger than India, winning 38 times more gold medals than India in the world olympic games.
- China's reserves is 7 times larger than India's reserves.
- India is forced to use the Chinese currency when purchasing oil from Russia, Iran, or Venezuela. Due to weak & undesirable Indian Rupees.
- China has 21 times more companies in the Fortune 500 than India.
Rovers on Mars China: Yes India: No
Brought back Lunar Samples China: Yes India: No
Humans in space China: Yes India: No
Space station orbiting above us right this moment China: Yes India: No
Reference:
FirstPost : China overtakes US to become world's richest nation
Wion - At $514 trillion, China overtakes US in terms of amassing the biggest net worth
Indiatoday - China overtakes US as world’s richest nation
Tribuneindia - China overtakes US as world’s richest country
Businessinsider india - China overtakes US as the richest country in the world
Thequint - China Overtakes US as the World's Richest Nation
Hindustantimes - China overtakes US to grab top spot in list of richest countries
Indiatimes - Global wealth surges as China overtakes US to grab top spot
NDTV - China Is Now World's Richest Nation, Ahead Of US
NewsX - China Overtakes US As World's Richest Nation
India - China Becomes Richest Country In The World, Overtakes US To Grab The Top Spot
Timesofindia - Global wealth surges as China overtakes US to grab top spot
Newindianexpress - China overtakes US as richest country in the world
Oneindia - China overtakes US as the richest country in the world
News18 - चीन बना दुनिया का सबसे अमीर देश, अमेरिका को किया पीछे
Aajtak - छिन गया America से ताज, अब China दुनिया का सबसे अमीर देश!
Zeenews - Worlds Richest Country: America पीछे... China बना दुनिया का सबसे अमीर देश
TV9 Hindi - अमेरिका को पछाड़कर चीन बना दुनिया का सबसे अमीर देश, 20 साल में बनाई इतनी संपत्ति
Newsleadindia - चीन ने अमेरिका को पछाड़ा दुनिया का सबसे अमीर देश
List of countries by GDP (nominal)
Medal Tally | Tokyo Olympics 2021
List of countries by FOREX reserves
Fortune Global 500 2021 | Full list of ranking
Spaceflights in 2021
Average IQ by Country 2022
USA News
BIoomberg - Global Wealth Surges as China Overtakes US to Grab Top Spot
Yahoo Finance - Global wealth surges as China overtakes US to grab top spot
Japanese News
Nikkei - China overtakes U.S. in national net worth to grab top spot
UK News
Dailymail - Global wealth trebles in last 20 years as China overtakes US with the highest net worth - accounting for a third of world's growth
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What is the total debt of Africa?
The Bank Group estimates that Africa's total external debt, which stood at $1.12 trillion in 2022, had risen to $1.152 trillion by end-2023.15 May 2024
How much loan China gave to Africa?
China has vaulted to the top bilateral lender for many African nations like Ethiopia in recent years. It has lent the continent a total of $182.28 billion between 2000-2023, the Boston University study found, with the bulk of the finances going to Africa's energy, transport and ICT sectors.29 Aug 2024
Since 2000 China has only lend 170 billions dollars 💵 to Africa countries.
1.152 trillions (1,152,000,000,000 dollars) compared to China total loan to Africa countries since year 2000 which is only (180,000,000,000 dollars).
Which is China loan to Africa countries make up 15% only.
So, Africa countries debts to World Bank , IMF and others make up 85%.
So, how China create a debt trap with just 15%?
With just 15%, China built the bulk of infrastructure including roads, rails, airports, hospitals, schools, power stations and more. What did the 85% from IMF/World bank built and with what condition? Which is a trap?
Britain's Debt Justice charity found in a 2022 study, based on World Bank figures, that more African governments' external debts were being owed to Western banks, asset managers and oil traders (35%) than to Chinese lenders (12%). It also found that interest rates charged on western private loans (5%) were almost double that of Chinese loans (2.7%) and that "the most indebted countries were less likely to have their debt dominated by China".
Long debunked propaganda.
Sri Lankan foreign debt: 80% Western, 10% Japan, 10% China.
Watch Geopolitical Economic Report.
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▪︎Didn't indians say back in 2021 that China's doomed property market would bring down the Chinese economy and India would surpass China by 2030?
▪︎Didn't indians say back in 2021 that by 2025, there would be no Japanese factories left in China? This is after the Japanese government's announcement of a scheme to financially assist Japanese firms to shift production from China to India
▪︎Didn't indians say back in 2021 that the Evergrande crisis would spell the end of China's economic miracle?
▪︎Didn't indians say back in 2021 that India has a $1.2 trillion dollar master plan to grab factories from China. It's called the "Gati Shakti" or "Strength of Speed" initiative to attract multinational companies and enhance India's image as the manufacturing hub of the world
▪︎Didn't indians say back in 2020 that India's unofficial "Boycott China Campaign" after Galwan incident would see a substantial reduction of imports from China and thus pave the way for Self-reliant India?
▪︎Didn't indians say back in 2020 that 20,000 foreign owned factories will move from China to India due to Covid?
▪︎Didn't indians say back in 2021 that Modi's $10 billion dollar plan to attract semiconductor manufacturers would turn India into semiconductor and electronics giant by 2025? What happened to the Foxconn and Vedanta deal?
▪︎Last week, the Indian gov't suddenly announced a total ban on the import of laptops, servers and tablets. However, the GOI announced a postponement of the ban for 3 months. Only an amateur and indecisive gov't would do such a thing. Which would impact severely on foreign investors' trust and confidence in the Indian government.
▪︎A failing grade(india) worries about the top grader(china) in the class. . . this is india:
China🇨🇳 = $19.91 trillion
India🇮🇳 = $3.45 trillion
International trade:
China🇨🇳 = $3.7 trillion
India🇮🇳 = $740 billion
External trade to GDP:
China🇨🇳 = 18%
India🇮🇳 = 22%
India's exports are also falling due to global recession and worse, India's economy is more reliant on foreign trade than China
"Farmers' income would double by 2022, this is a promise I would assure our Indian farmers.."
- Modi, 2019
"China has bullet trains, so are we Indians too, very soon. Our 508 km Sabarmati-Mumbai bullet train, would be a reality before August 15, 2022.."
-Modi, 2018
"Make in India would end China's era as the factory 🏭 of the world 🌎.."
-Modi, 2015
"I will create at least 20 million jobs a year until there are not enough workers if elected as the PM of India.."
- Modi, 2014
"When we Indians celebrate our 75th year of independence in 2022, I shall present 🎁 to you all, India's very first bullet train.."
- Modi, 2017
"India will send its first astronauts to space before independence day 2022, this is not a promise but a guarantee.."
- Modi, 2018
"Give me 5 years as the PM of India and people won't even remember there was once something called pollution in India.."
- Modi, 2014
"If I'm the PM of India, Pakistan and China would be so scared of India's power, they would think twice before attempting any funny moves on India.."
- Modi, 2014
"Give me 6 years and corruption would be a thing of the past in India.."
- Modi, 2014
"We will build 100 smart cities within 5 years in India to the point where Americans, Japanese, Europeans and even Chinese would want to come and study our smart city concept.."
- Modi, 2015
"Atmanirbhar Bharat Self-Reliant India will end our imports from China, instead, China will even have to import stuffs from us after that.."
- Modi, 2018
"Give me 6 years as the PM of India and everyone in the world would want to come to India to study our achievements.."
- Modi, 2014
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India is 5th largest economy only because of 1.4+ billion population and nothing else. GDP is defined as the total value of goods/services produced for a certain period. I ask you this question. How much goods/services can a single person produce versus 10 person, assuming they are using the same type of labor? Obviously, 10 person will be able to produce more goods/services as compared to a single person. Ratio is 1 : 10 , 1 person versus 10 people and that is why India easily and ought to beat the GDP of countries with significantly lesser population.
Now, what happens if you were to make a more meaningful and fair comparison by comparing a 1.4+ billion population country India versus another 1.4 +billion country China?..... Why is India's GDP merely 3.18 trillion whereas China's GDP is 17.73 trillion (2021 World Bank data)?
Thus, don't give me nonsensical comments such as being the 5th or 6th largest economy in terms of GDP and don't even try bragging about it. A country of their size of 1.4 billion ought to be at least half the GDP of China because they have approximately the same population. They're not even 20% of China's GDP, yet they like to think themselves as superpower and throw their weight around🤣🤭🤣😂China only exposes the weakness of India: quality versus quantity. 🤭🤣
There are simply too many over proud Indians making false propagandas that they are the world fastest growing economy nowadays all over the internet 🤡 lol. Can you Indians even see the gap? 6495% growth > 1140% growth🤭🤣 Read more below 👇
For the purpose of having a fair and meaningful comparison, I will compare 1.4+ billion population India versus 1.4+ billion population China* (same GDP potential)
India's independence year = 1947
India's GDP on year 1987 = 279.03 billion
India 's GDP on year 2021 = 3.18 trillion
India's growth from 1987 to 2021 = 3180/279.03 X 100 = 1140%
China's independence year =1949
China's GDP on year 1987 = 272.97 billion
China 's GDP on year 2021 = 17.73 trillion
China's growth from 1987 to 2021 = 17730/272.97 X 100 = 6495% growth
Can you even see the gap? 6495% growth > 1140% growth🤭
Referring to World Bank Data, China grew from 14.69 trillion on year 2020 to 17.73 trillion on year 2021. It basically grew 3.04 Trillion in just 1 year, almost the entire economy size of India. India took 34 years to grow 2.9 trillion from a 279.03 billion economy to a 3.18 trillion economy. India is "world fastest growing economy"? 🤭
Before you accuse World Bank's data as not reliable, you need to understand that the entire world borrows money from World Bank. Yes, it is the same bank that India trusted and thus borrowed money from them to finance their Swachh Bharat toilet mission 2014 (The mission includes making 110 million toilets for 600 million Indians over a period of 5 years to end open defecation) 🤭
Truth and reality hurts the most😆
Indians hate the Chinese because the very existence of China is a perpetual reminder that China has succeeded whereas India has failed. The entire world is always comparing this 2 largest countries because they have the same population and because of this, Indians have a hard time coping being the inferior one. Thus, India have developed this defense mechanisms psychology that they cannot lose out to China.
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India likes to think itself as a World Super Super Power that is far greater than the REAL superpowers of the World, USA/China/Russia, 🤭🤣😂 and that is why Modi proclaimed to the entire world that the 21st century belongs to India and India only. 🤭However those arrogant claims are far from reality. 🤭Read more below 👇
A "World Super Power" is one that can exert it's influence/dominance on the World's stage. For example, USA has the USD as the reserve currency of the world whereas China is the factory of the world and also the largest exporter of trade of the World. Russia, on the other hand, is one of the top 5 oil producing country and also the country with the largest number of nuclear arsenal. In addition, Russia also happens to be largest country of the world in terms of land mass and also one of the largest resources rich country. Take a look at how big the size of Russia on the map? What about India? 🤭
1) World Super Super Power , India , wanted to pay cheap and heavily discounted Russian oil in Rupees to take advantage of the Ukraine's crisis/war but was ordered to pay in Chinese Yuan instead. 🤭
2) World Super Super Power , India , objects to BRICS expansion but everyone in BRICS ignored India's demand and went ahead and expanded BRICS (refer to BRICS Summit) 🤭
3) World Super Super Power , India , said that they are "Global leader of technology". However, OpenAI CEO Sam Altman has said that India's attempt to develop an artificial intelligence tool like ChatGPT is "hopeless" and that is why Sam Altman over the weekend called for enhanced collaboration between the U.S. and China on artificial intelligence development? Is Sam Altman, the inventor of ChatGPT, belittling India and praising China? 🤭
Fun fact 1: OpenAI's Sam Altman Makes Global Call For AI Regulation—And Includes China. Contributor. OpenAI CEO Sam Altman over the weekend called for enhanced collaboration between the U.S. and China on artificial intelligence development.13 Jun 2023
Fun fact 2: 10 Jun 2023 — OpenAI CEO Sam Altman has said that India's attempt to develop an artificial intelligence tool like ChatGPT is 'hopeless.
4) World Super Super Power , India , begged for a permanent UNSC seat for over 30+ years. Nobody listened for over 30+ years since 1994 and each UNSC permanent member took turns to veto against India 🤭
Source1 : JSTOR
Title of article: INDIA'S PERMANENT MEMBERSHIP OF THE U. N. SECURITY COUNCIL : CHANGING POWER REALITIES AND NOTIONS OF SECURITY
Author: Manoj Kumar Mishra (Indian)
What article said specifically: India has been bidding for the permanent membership of the United Nations Security Council since 1994 when India made its intention clear in the General Assembly that it was prepared to bear the responsibility of the permanent membership of the Security Council.
Source 2: Hindustan Times : China’s Evil BRICS Plan: India & Brazil Push Back Against Xi’s Bid To Expand Grouping | Details
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India likes to think itself as a World Super Super Power that is far greater than the REAL superpowers of the World, USA/China/Russia, 🤭🤣😂 and that is why Modi proclaimed to the entire world that the 21st century belongs to India and India only. 🤭However those arrogant claims are far from reality. 🤭Read more below 👇
A "World Super Power" is one that can exert it's influence/dominance on the World's stage. For example, USA has the USD as the reserve currency of the world whereas China is the factory of the world and also the largest exporter of trade of the World. Russia, on the other hand, is one of the top 5 oil producing country and also the country with the largest number of nuclear arsenal. In addition, Russia also happens to be largest country of the world in terms of land mass and also one of the largest resources rich country. Take a look at how big the size of Russia on the map? What about India? 🤭
1) World Super Super Power , India , wanted to pay cheap and heavily discounted Russian oil in Rupees to take advantage of the Ukraine's crisis/war but was ordered to pay in Chinese Yuan instead. 🤭
2) World Super Super Power , India , objects to BRICS expansion but everyone in BRICS ignored India's demand and went ahead and expanded BRICS (refer to BRICS Summit) 🤭
3) World Super Super Power , India , said that they are "Global leader of technology". However, OpenAI CEO Sam Altman has said that India's attempt to develop an artificial intelligence tool like ChatGPT is "hopeless" and that is why Sam Altman over the weekend called for enhanced collaboration between the U.S. and China on artificial intelligence development? Is Sam Altman, the inventor of ChatGPT, belittling India and praising China? 🤭
Fun fact 1: OpenAI's Sam Altman Makes Global Call For AI Regulation—And Includes China. Contributor. OpenAI CEO Sam Altman over the weekend called for enhanced collaboration between the U.S. and China on artificial intelligence development.13 Jun 2023
Fun fact 2: 10 Jun 2023 — OpenAI CEO Sam Altman has said that India's attempt to develop an artificial intelligence tool like ChatGPT is 'hopeless.
4) World Super Super Power , India , begged for a permanent UNSC seat for over 30+ years. Nobody listened for over 30+ years since 1994 and each UNSC permanent member took turns to veto against India 🤭
Source1 : JSTOR
Title of article: INDIA'S PERMANENT MEMBERSHIP OF THE U. N. SECURITY COUNCIL : CHANGING POWER REALITIES AND NOTIONS OF SECURITY
Author: Manoj Kumar Mishra (Indian)
What article said specifically: India has been bidding for the permanent membership of the United Nations Security Council since 1994 when India made its intention clear in the General Assembly that it was prepared to bear the responsibility of the permanent membership of the Security Council.
Source 2: Hindustan Times : China’s Evil BRICS Plan: India & Brazil Push Back Against Xi’s Bid To Expand Grouping | Details
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KEY TAKEAWAYS
Chinese automakers produce 21 percent of the world’s passenger vehicles—a figure analysts estimate will reach 33 percent by 2030— and as of 2022 they produced 62 percent of the world’s EVs and 77 percent of EV batteries.
From 2020 to 2023, China’s global EV exports increased by 851 percent, with the largest share of those exports (nearly 40 percent) going to Europe.
Collectively, Chinese EV and EV battery enterprises have at least equaled—and in some cases surpassed—their Western peers in innovation capacity and product quality.
Chinese EV companies are 30 percent faster in developing and releasing new car models than are so-called “legacy” American, European, and Japanese carmakers.
Chinese institutions today account for 65.4 percent of the high-impact research publications in electric batteries, substantially outpacing U.S. institutions’ 11.9 percent.
Chinese entities’ global share of patents in the field of electric propulsion increased from 2.4 percent in 2010 to 26.9 percent in 2020.
China’s EV and battery manufacturers have benefitted from a range of innovation mercantilist policies, including over $230 billion in subsidies from 2009 to 2023, local content requirements, intellectual property (IP) theft, and forced tech transfers.
America’s long-term response to China’s dominance in EVs should include investing in R&D to accelerate technological innovation, stimulating consumer adoption of EVs (e.g., by deploying charging infrastructure), and defensive trade measures.
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India is 5th largest economy only because of 1.4+ billion population and nothing else. GDP is defined as the total value of goods/services produced for a certain period. I ask you this question. How much goods/services can a single person produce versus 10 person, assuming they are using the same type of labor? Obviously, 10 person will be able to produce more goods/services as compared to a single person. Ratio is 1 : 10 , 1 person versus 10 people and that is why India easily and ought to beat the GDP of countries with significantly lesser population.
Now, what happens if you were to make a more meaningful and fair comparison by comparing a 1.4+ billion population country India versus another 1.4 +billion country China?..... Why is India's GDP merely 3.18 trillion whereas China's GDP is 17.73 trillion (2021 World Bank data)?
Thus, don't give me nonsensical comments such as being the 5th or 6th largest economy in terms of GDP and don't even try bragging about it. A country of their size of 1.4 billion ought to be at least half the GDP of China because they have approximately the same population. They're not even 20% of China's GDP, yet they like to think themselves as superpower and throw their weight around🤣🤭🤣😂China only exposes the weakness of India: quality versus quantity. 🤭🤣
There are simply too many over proud Indians making false propagandas that they are the world fastest growing economy nowadays all over the internet 🤡 lol. Can you Indians even see the gap? 6495% growth > 1140% growth🤭🤣 Read more below 👇
For the purpose of having a fair and meaningful comparison, I will compare 1.4+ billion population India versus 1.4+ billion population China* (same GDP potential)
India's independence year = 1947
India's GDP on year 1987 = 279.03 billion
India 's GDP on year 2021 = 3.18 trillion
India's growth from 1987 to 2021 = 3180/279.03 X 100 = 1140%
China's independence year =1949
China's GDP on year 1987 = 272.97 billion
China 's GDP on year 2021 = 17.73 trillion
China's growth from 1987 to 2021 = 17730/272.97 X 100 = 6495% growth
Can you even see the gap? 6495% growth > 1140% growth🤭
Referring to World Bank Data, China grew from 14.69 trillion on year 2020 to 17.73 trillion on year 2021. It basically grew 3.04 Trillion in just 1 year, almost the entire economy size of India. India took 34 years to grow 2.9 trillion from a 279.03 billion economy to a 3.18 trillion economy. India is "world fastest growing economy"? 🤭
Before you accuse World Bank's data as not reliable, you need to understand that the entire world borrows money from World Bank. Yes, it is the same bank that India trusted and thus borrowed money from them to finance their Swachh Bharat toilet mission 2014 (The mission includes making 110 million toilets for 600 million Indians over a period of 5 years to end open defecation) 🤭
Truth and reality hurts the most😆
Indians hate the Chinese because the very existence of China is a perpetual reminder that China has succeeded whereas India has failed. The entire world is always comparing this 2 largest countries because they have the same population and because of this, Indians have a hard time coping being the inferior one. Thus, India have developed this defense mechanisms psychology that they cannot lose out to China.
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India is 5th largest economy only because of 1.4+ billion population and nothing else. GDP is defined as the total value of goods/services produced for a certain period. I ask you this question. How much goods/services can a single person produce versus 10 person, assuming they are using the same type of labor? Obviously, 10 person will be able to produce more goods/services as compared to a single person. Ratio is 1 : 10 , 1 person versus 10 people and that is why India easily and ought to beat the GDP of countries with significantly lesser population.
Now, what happens if you were to make a more meaningful and fair comparison by comparing a 1.4+ billion population country India versus another 1.4 +billion country China?..... Why is India's GDP merely 3.18 trillion whereas China's GDP is 17.73 trillion (2021 World Bank data)?
Thus, don't give me nonsensical comments such as being the 5th or 6th largest economy in terms of GDP and don't even try bragging about it. A country of their size of 1.4 billion ought to be at least half the GDP of China because they have approximately the same population. They're not even 20% of China's GDP, yet they like to think themselves as superpower and throw their weight around🤣🤭🤣😂China only exposes the weakness of India: quality versus quantity. 🤭🤣
There are simply too many over proud Indians making false propagandas that they are the world fastest growing economy nowadays all over the internet 🤡 lol. Can you Indians even see the gap? 6495% growth > 1140% growth🤭🤣 Read more below 👇
For the purpose of having a fair and meaningful comparison, I will compare 1.4+ billion population India versus 1.4+ billion population China* (same GDP potential)
India's independence year = 1947
India's GDP on year 1987 = 279.03 billion
India 's GDP on year 2021 = 3.18 trillion
India's growth from 1987 to 2021 = 3180/279.03 X 100 = 1140%
China's independence year =1949
China's GDP on year 1987 = 272.97 billion
China 's GDP on year 2021 = 17.73 trillion
China's growth from 1987 to 2021 = 17730/272.97 X 100 = 6495% growth
Can you even see the gap? 6495% growth > 1140% growth🤭
Referring to World Bank Data, China grew from 14.69 trillion on year 2020 to 17.73 trillion on year 2021. It basically grew 3.04 Trillion in just 1 year, almost the entire economy size of India. India took 34 years to grow 2.9 trillion from a 279.03 billion economy to a 3.18 trillion economy. India is "world fastest growing economy"? 🤭
Before you accuse World Bank's data as not reliable, you need to understand that the entire world borrows money from World Bank. Yes, it is the same bank that India trusted and thus borrowed money from them to finance their Swachh Bharat toilet mission 2014 (The mission includes making 110 million toilets for 600 million Indians over a period of 5 years to end open defecation) 🤭
Truth and reality hurts the most😆
Indians hate the Chinese because the very existence of China is a perpetual reminder that China has succeeded whereas India has failed. The entire world is always comparing this 2 largest countries because they have the same population and because of this, Indians have a hard time coping being the inferior one. Thus, India have developed this defense mechanisms psychology that they cannot lose out to China.
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Graham Allison, a professor at Harvard University who is a conservative and hardliner on China, published an article entitled "Can India Overtake China to Become the Next Superpower" in Foreign Policy on June 24. His analysis is as follows: India India's economic miracle has been highly anticipated since the early 1990s, but 30 years later, India is still stuck in the stage of expectation. In 2000, China's manufacturing, export and GDP were 2-3 times higher than India's, and now the gap has widened by 5 times. China's GDP is $17.7 trillion and India's is $3.2 trillion. It is worth mentioning that, based on 2000, China accounted for about 7% of the world's manufacturing industry, and India accounted for 1%. In 2022, China will increase to 31%, but India will only account for 3%. In the proportion of world merchandise exports, China surged from 2% to 15%, while India only increased from 1% to 2%.
Meanwhile, China's illiteracy rate is 1%, while India's is 25%. In the field of information and communication, which is rich in manpower in India, China appears to be unable to do what it wants. Four of the world's top 20 high-tech companies are Chinese companies, but India has none; China has 50% of the world's 5G communication facilities, but India only has 1%; China has TikTok and other platforms for the world, but India has nothing.
Allison cites these statistics and realities, citing former Singapore prime minister Lee Kuan Yew's assessment. Lee Kuan Yew, who has worked with India for a long time, believes that India cannot become a "future country" due to the deep-rooted caste system, sprawling bureaucracy, racial and religious disputes, and the leadership's lack of will to resolve them. Lee Kuan Yew's conclusion on this is: "Don't compare India with China".
Arvind Subramanian, a senior visiting scholar at Brown University who served as the chief economic advisor to the Indian government, published an article titled "Why India Can't Replace China" on "Foreign Affairs" last November. It is pointed out in the article that since the early 2000s, India has set off an investment boom, but not many foreign companies have transferred production to India. This is because the investment risk is too high, and the investment policy will change later. The rules will change later too, Indian rules and regulations are always in favor of the Indian chaebols that the government likes. India was also ranked as the most difficult country in the world to do business in the Global Doing Business survey.
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KEY TAKEAWAYS
Chinese automakers produce 21 percent of the world’s passenger vehicles—a figure analysts estimate will reach 33 percent by 2030— and as of 2022 they produced 62 percent of the world’s EVs and 77 percent of EV batteries.
From 2020 to 2023, China’s global EV exports increased by 851 percent, with the largest share of those exports (nearly 40 percent) going to Europe.
Collectively, Chinese EV and EV battery enterprises have at least equaled—and in some cases surpassed—their Western peers in innovation capacity and product quality.
Chinese EV companies are 30 percent faster in developing and releasing new car models than are so-called “legacy” American, European, and Japanese carmakers.
Chinese institutions today account for 65.4 percent of the high-impact research publications in electric batteries, substantially outpacing U.S. institutions’ 11.9 percent.
Chinese entities’ global share of patents in the field of electric propulsion increased from 2.4 percent in 2010 to 26.9 percent in 2020.
China’s EV and battery manufacturers have benefitted from a range of innovation mercantilist policies, including over $230 billion in subsidies from 2009 to 2023, local content requirements, intellectual property (IP) theft, and forced tech transfers.
America’s long-term response to China’s dominance in EVs should include investing in R&D to accelerate technological innovation, stimulating consumer adoption of EVs (e.g., by deploying charging infrastructure), and defensive trade measures.
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