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LandGrabbingIndia
Inside China Business
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Comments by "LandGrabbingIndia" (@LandGrabbingIndia) on "Investor Alert: Caterpillar, Volvo sales under pressure by China's push for self-sufficiency" video.
Jai Hind. India/Indian's GDP per capita, also known as annual income of an average citizen, has been consistently stuck under 2600 USD since 1947 independence. That is some top tier level of consistency. Ever wondered why and how many Indians surrender their Indian citizenship for another citizenship per year? π
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Jai Hind. Remember India's Foreign Minister Jaishankar, in his exact words and quotes, " China is a bigger economy than India and we cannot pick a fight with a bigger economy." π π€£πWorld Bank 2023 states that China's GDP = 17.79 trillion dollars whereas India 3.55 trillion dollars. China 's economy is 5 times bigger than India. Wait, that's not all. The trade deficit came at USD 101.28 billion as India's imports from China witnessed an increase by 118.77% to reach USD 118.77 billion (Source: Embassy of India, Beijing, dated 26 Sept 2024)
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