Comments by "红火树 RedFireTree" (@firetree2007) on "World's economic output to exceed hundred trillion dollars | Latest English News | World News" video.

  1. There is only one simple reason for China's growth, total industrialization, which scale equals US, Japan and Germany combined, as for India, from what it exports we can see, the major exports of India are the raw materials, such as iron ore or coal, some agriculture products such as spices. unless India can get industrialization fast, its growth will keep at slow pace.
    7
  2. then it is very easy to say, before British colonized India, India's GDP was 23% of world GDP, and the Independence, GDP dropped to 3.5% of the world, now kept it for 74 years, assume this year India GDP is $3 Trillion, then it is 3% of the world GDP, China, on the other hand, was same, GDP dropped from 23% to 3.5% in 1949 when PRC founded, now with GDP $16.86 Trillion (wiki) , means 16.86% of world GDP, or 16.86/3=5.62 times of India's GDP (started at the same level 70 years ago). if India will get 1% growth faster than China from now on, it will only take 173 years to catch up with China, assume India keeps 1% growth faster than China every year for 173 years, the problem is India's growth rate is not as fast as China's ,
    4
  3.  General tank  go back to school learn some math, to get to $10 Trillion in 9 year needs 15% growth every year for 9 years. you never in your history get any year growth rate passed 10%
    3
  4. the important is if they said are true or not, of course truth always hurts (for losers)
    2
  5.  @kumarsatyam5634  go check, US, JP and India all have higher debt rate than China,
    2
  6. Indians like to blame China's low quality cheap products, they do not know it is just the way for development, Japan did the same when it got industrialized in 1930s , India look down on them, at the same time, they cannot make anything which can compete in the world market, China's products can get improved with time, (already got very high quality and affordable) there is nothing for India to improve, since there is nothing. China's growth did not like westerns, such as British, by grabbing from other countries, such as India, $45 trillion in today's value, China did it by hard working.
    1