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by wrdos
20 Jan 2014 08:56
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

Official data is issued by the government. In 2013, the Chinese GDP increased by about 7.7% to 56,884.5 billion yuan, i.e. roughly US$9.4 trillion at the current exchanging rate.

http://www.stats.gov.cn/english/PressRe ... 02079.html
by wrdos
16 Oct 2013 06:05
Forum: Technology & Economic Forum
Topic: Perspectives on the global economic changes
Replies: 4310
Views: 350694

Re: Perspectives on the global economic changes

Empty Stomach http://www.economist.com/node/21587989?fsrc=scn/fb/wl/dc/emptystomachs ONE in eight people went hungry in 2012, or 870m, according to a study by the UN's Food and Agricultural Organisation (defined as a diet of fewer than 1,800 calories a day). Children are especially affected as hunge...
by wrdos
26 Sep 2013 14:17
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

I could hardly understand the math of your reference. Among the 1.4billion Chinese, if 0.9billion is as low as $3000 (like Mongolia), and the other 0.5billion is even lower at $1500 (like India), then how the average turns out to be as high as $6000? 2 month old article but still a good read. My own...
by wrdos
24 Sep 2013 13:47
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

And just for frame of reference, 30 years ago 100% of Chinese lived in those conditions or worse. Heech, it was not that bad. Even 30 years ago in the 1980s, "Da Yuan" or big campuses of government/military/state company dormitory buildings, usually 3~4 stories with reliable supply of ele...
by wrdos
24 Sep 2013 12:17
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

Dear Theo, I think we all agree that China is not and will not be a perfect country. In fact, by almost any means, it is a poor country right now. The situation described on the left side of your pictures is true and in fact quite easy to be found in any Chinese cities. But would you please give us ...
by wrdos
29 Aug 2013 10:10
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

It is proved once more what i have mentioned quite many times "a lot of foreign investment != dependency on foreign investment". It is why during all the crises, we have found that always BRI, especially B and I, rather than China, being more vulnerable to the flows of foreign money.
by wrdos
21 Aug 2013 11:50
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

Only 1 year or 6 months ago, the main stream opinion on this forum is "China will collapse when its economy is below 8%".

Now it seems to become "3%". So you are becoming more and more optimistic on the Chinese governance?
by wrdos
27 Jun 2013 11:17
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

The guy in the quoted article is only 27, and he has been considering the ownership of an apartment a "necessity". Often we Chinese are pursuing too much in our life with extra pressure. BTW, a suggestion to Indian friends on this forum. When analyzing the monthly income of a Chinese famil...
by wrdos
13 Mar 2013 14:33
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

amit-ji, I have said many times, let's stop here, OK? You have never seen an HSR, you don't even know building road needs steel, and you insist that India railway being safer than China's. It is meaningless to go on the trolling anymore. Let's stop here and keep believe what you want to believe, OK?...
by wrdos
13 Mar 2013 13:32
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

Amit-ji, you are raising the railway safety discussion? Sir, you know why in 2011, hundreds of foreign reporters from dozens of countries were running there to see and report the accident? Sir, it is because in China, rail accident is very rare. Sir, for railway safety record, I don't think China is...
by wrdos
13 Mar 2013 08:35
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

The 1.2 billion population India needs 40million ton steel only? What a splendid mideavial life you are enjoying. Even less than the tiny South Korea with a 1/30 population? No wonder, steel must be a luxury for a nation where even no steel needed to build a road, or houses?. Sir, let's talk about t...
by wrdos
13 Mar 2013 07:00
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

Hmm, so it means, when building a road in India, you don't even need steel? No wonder why >90% of roads in India could hardly called a "road" in the outside world. As I mentioned before, for you, Amit-ji, maybe 2 or 3 decades are necessary, and for the other guys, maybe 3 or 4 decades woul...
by wrdos
12 Mar 2013 13:17
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

Vina-ji, for a nation as populous as China is, we need the 800 million tons of steel if we want to provide every Chinese village with road/railway connection, essential housing space, running water, and reliable electricity supply for the villagers to own an air-conditioner and refrigerators so that...
by wrdos
12 Mar 2013 13:09
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

$103 is maybe the cheapest price for some special days only. You are not guaranteed to buy it everyday. Yes, there are 24 stations between Beijing and Shanghai, but only the slowest trains need stop every station, right? The fastest trains between Beijing and Shanghai are around 4 hours, not so much...
by wrdos
08 Mar 2013 15:33
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

wrdos: Your vice-premiers words carry FAR more weight than your own. Suraj-ji, GDP data in every country is an "estimated" or "man-made" data, if compared with the electricity consumption or other directly measured data such like railway freight transportation volume. Mr. Li jus...
by wrdos
08 Mar 2013 11:11
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

In fact, in 2007, Li Keqiang, then-party secretary of Liaoning and now soon-to-be premier, said that GDP statistics were “for reference only” and “man-made,” and that for his purposes, he preferred to look at electricity consumption, rail cargo volume, and loan disbursements. :rotfl: comlade Li-bha...
by wrdos
08 Mar 2013 11:02
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

Sure, always the last strategy. "It is not true! It is Shanghai statistic" :rotfl: As I mentioned, just keep your head in the sand. :lol: ^^^^^ Aha, now I can understand Wrdos' $30,000 GDP figure for Ordos. It's for reference only! :-) I just love this new China and I wish I could live the...
by wrdos
06 Mar 2013 10:40
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

So the two people in Bombay have a GDP >US$50 billion every year? And it means the other 20million Bombay citizens have to share the left $10 billion? What a society? No wonder...... Big difference, Ordos has a population of 2 million and Inner Mongolia more than 22 million. Big difference indeed. T...
by wrdos
06 Mar 2013 09:08
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

Suraj wrote:Yes, yes, and the GDP of the area surrounding the bedroom of the Ambani residence in Bombay is ~$20 billion/person.

Big difference, Ordos has a population of 2 million and Inner Mongolia more than 22 million.
by wrdos
06 Mar 2013 09:05
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

From "ghost town" to "ghost mall", now it turned out to be a "ghost building"...... I am expecting a "ghost room" or "ghost bed" soon. Please, China has hundreds of new town, thousands of new malls, just show me a second "ghost town", or at...
by wrdos
05 Mar 2013 19:14
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

Sure, denying is always the most convenient way to face the real hard world. :D It is so hard for you to believe that Inner Mongolia being the 5th richest Chinese province with a per capita GDP =US$10,189, way above the Chinese average of $6,200. And Ordos being the richest city of Inner Mongolia, a...
by wrdos
05 Mar 2013 14:21
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

^^^^^^^ Eh, Wrdos, are you finished searching for your ghost cities, that you want to search for ghost malls? How's Ordos doing nowadays? Busting at it seams with people and economic activity? :lol: It is not my business. Hundreds of western reporters are living in Beijing or Shanghai; and they hav...
by wrdos
05 Mar 2013 04:31
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

RamaY wrote:^ you are right. China has enough money to build a few dozen such ghost malls every year, if it wants.

Then find me another ghost mall in china, please.
by wrdos
05 Mar 2013 04:05
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

If you build they will come seems to be the Chinese motto. But if they don't come what will the Chinese do? Drive them in with guns? World's biggest mall a China 'ghost town' CNN Once more the South China Mall example? It was opened in 2005, a terrible planned commercial project aroused interest of...
by wrdos
13 Feb 2013 12:13
Forum: Technology & Economic Forum
Topic: Service Vs Manufacturing for mass job creation in India
Replies: 142
Views: 7425

Re: Service Vs Manufacturing for mass job creation in INDA

Great pictures! Thank you so much for sharing these. I am really moved. From the faces and the dirty hands of those young engineers from Shanghai, I see the future of China. http://economictimes.indiatimes.com/slideshows/infrastructure/how-chinese-engineers-are-helping-dmrc-to-make-underground-metro...
by wrdos
09 Jan 2013 08:45
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

Sir, in your own quoted figure, both the US and Japan have a agriculture sector around only 1% of the economy while India's near 20%. It is very clear that India's GDP sector composition is closer to Pakistan and the Philippines. Or more exactly, between them just as the per capita GDP of India is s...
by wrdos
08 Jan 2013 14:24
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

This is an attemp to explain why India's 2+ trillion PPP GDP is 60% service and 20+% manufacturing where as CHINA 4+ trillion PPP GDP is 60% manufacturing and 20+% service. Some thing is different at the core - it is not just polical the polical will, national sentiments etc. Sir, where did you get...
by wrdos
07 Jan 2013 14:25
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

INDIA is worlds third larget GDP by PPP and that is with 20% manufacturing. So u see, INDIA has already done it and has done it INSPITE of its GOVT - so all the kudos to the people of India. And your constant comparision of India to Philipines and Pakistan is showing how nervous u are of your own a...
by wrdos
07 Jan 2013 12:20
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

What makes u feel that a GDP where service is 60% of the output will not make the currency strong and the folks weathy? US is a service based GDP, Singapores is same and these countries are wealthy. For the second point, you are simply not seeing the facts and sticking to your lecture. If manufactu...
by wrdos
24 Dec 2012 11:40
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

saving money? Sir, you are comparing "saving money" with China? biladel, did you just claim that conspicuous consumption is a sign of higher standard income?? :rotfl: I must admit that in terms of aping the American style of consumption, India is thankfully behind China - saving money inst...
by wrdos
24 Dec 2012 11:01
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

You may be surprised, but the salary level for educated people, in India, is actually higher. Scores of educated people in China are desperate to find work, compared to India, where anyone with a decent education can get a job. Yes. I am really surprised. The better paid educated people in India ca...
by wrdos
17 Dec 2012 09:52
Forum: Trash Can Archive
Topic: China Military Watch - Jan 11, 2011
Replies: 6593
Views: 765691

Re: China Military Watch - Jan 11, 2011

Dear friends, let's stop here, it is enough.
by wrdos
04 Dec 2012 10:19
Forum: Trash Can Archive
Topic: China Military Watch - Jan 11, 2011
Replies: 6593
Views: 765691

Re: China Military Watch - Jan 11, 2011

Anyway for weapons, China is importing less and less and exporting more and more, while India is importing more and more but export almost nothing (or negligible). This is an undeniable fact. India is importing weapons 3 times more than China with a huge and growing trade deficit, and a 1/3 defense ...
by wrdos
28 Nov 2012 12:30
Forum: Trash Can Archive
Topic: LCA News and Discussions
Replies: 4257
Views: 240355

Re: LCA News and Discussions

Therefore India is at a better basis of development, with open access to all available western opponents and subsystems, not like China that is sanctioned almost always. Then why LCA is always late? You know J10 was a project started much later than the LCA but the latter has been in service 7 or 8 ...
by wrdos
06 Nov 2012 13:03
Forum: Trash Can Archive
Topic: China Military Watch - Jan 11, 2011
Replies: 6593
Views: 765691

Re: China Military Watch - Jan 11, 2011

Sure. Not worry, have curry. No one is worried about chinese technology. It is crap compared to what India has access to or has developed. The concern is simply that India faces hostile situation on both sides and it is important that govt fund indigenous arms industry and equip the forces well. Inc...
by wrdos
31 Oct 2012 10:12
Forum: Trash Can Archive
Topic: China Military Watch - Jan 11, 2011
Replies: 6593
Views: 765691

Re: China Military Watch - Jan 11, 2011

10:32am, Oct. 31, J31 made its maiden flight in Shenyang, China.
by wrdos
10 Jul 2012 07:54
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

Brand = some lifestyle that is envied by others, so it is a privilege belonging to rich countries only. Even it is as tiny as Switzerland or Sweden. Please name a country with per capita GDP less than $20,000 but owning a brand like Sharp or Toyota, OK? China is a country with a per capita GDP aroun...
by wrdos
01 Jul 2012 18:31
Forum: Trash Can Archive
Topic: China Military Watch - Jan 11, 2011
Replies: 6593
Views: 765691

Re: China Military Watch - Jan 11, 2011

If u know Chinese u'd found that people standing there not for witnessing the plane but because their side of the expressway was closed.

It is really something that is very important. An export model could not afford such police existence, and never.
by wrdos
26 Jun 2012 09:13
Forum: History & Current Affairs Archive
Topic: Indian Economy - News & Discussion 27 May 2012
Replies: 3973
Views: 171703

Re: Indian Economy - News & Discussion 27 May 2012

"Hukou" in China is a bad tradition and institution that systematically discriminating the countryside immigration. It is true and I totally agree that China needs to abolish it. However, "Hukou" has near 0 power to resist the countryside immigration. A Chinese peasant can move t...
by wrdos
20 Jun 2012 11:53
Forum: Trash Can Archive
Topic: PRC Economy - New Reflections : Dec 15 2011
Replies: 3942
Views: 213362

Re: PRC Economy - New Reflections : Dec 15 2011

Last time when I checked the thread, it was a Chinese Economy thread. Something changed? It is going to neither Chinese, nor economy now.

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