Article

2006-12-13 India-Pakistan

Credit Suisse Says India Will Overtake China's Growth in 2007

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Posted by phil_b 2006-12-13 01:41|| || Front Page|| [16 views since 2007-05-07] Top

#1 See also WAFF.com > FPIF.org articles > US USES INDIA TO CONTAIN CHINA, + SINO-CENTRIC ORDER IN EAST ASIA.

Posted by Uniting Jolung8859 2006-12-13 01:47|| 2006-12-13 01:47|| Front Page Top

#2 Sorry - #1 suppos to be me, AGAIN.

Posted by JosephMendiola 2006-12-13 01:48|| 2006-12-13 01:48|| Front Page Top

#3 We guessed.

Posted by gromgoru 2006-12-13 02:44|| 2006-12-13 02:44|| Front Page Top

#4 Uniting Jolong sounds like a Nork code phrase. I'm getting more suspicous of you by the day.

Posted by phil_b 2006-12-13 03:03|| 2006-12-13 03:03|| Front Page Top

#5 Means continued high oil, high commodity prices, and China will continue to expand its influence in Burma and the Straits in an effort to flank India.

Posted by Chuck Simmins">Chuck Simmins 2006-12-13 08:34|| http://northshorejournal.org]">[http://northshorejournal.org] 2006-12-13 08:34|| Front Page Top

#6 Growth rates may be higher but the Chinese economic base is much larger. They started economic reforms a full decade before India and India is saddled with a lot of commies who really believe in communism (unlike their masters in China).

Posted by john 2006-12-13 09:31|| 2006-12-13 09:31|| Front Page Top

#7 Even the current 9% rate isn't enough for real poverty relief. India could get 13-14% growth if it bit the bullet and implemented labor reforms.

Here is one silly example - small scale reservations.

Certain categories of goods within India may only be manufactured by small scale enterprises. This is a lovely Gandhian idea and quite stupid.
These enterprises are inefficient.

A company wishing to mass produce toys for example cannot. Meanwhile the Chinese mega factories get orders throughout the world.

Posted by john 2006-12-13 09:37|| 2006-12-13 09:37|| Front Page Top

#8 And the Indian communist leaders return from visits to Beijing and launch strikes against the Japanese joint ventures that are successful - car exports etc.
They prevent reforms of labor, infrastucture, banking etc that would enhance economic growth.

China plays its Indian cards well..

Posted by john 2006-12-13 09:43|| 2006-12-13 09:43|| Front Page Top

#9 When Mr. Wife was starting up factories there in 1989-'91, he told me that 70% of Indians were economically uninvolved -- that is, never touched actual money from birth until death. I'm sure that's somewhat improved now, as I'm under the impression that India hadn't started opening up at that point (he was working with a pre-existing company that his had bought, or gone into partnership with), but what are the statistics now?

Posted by trailing wife 2006-12-13 11:09|| 2006-12-13 11:09|| Front Page Top

#10 were economically uninvolved -- that is, never touched actual money from birth until death

Reminds me of some wealthy liberals.

Posted by DMFD 2006-12-13 19:54|| 2006-12-13 19:54|| Front Page Top

#11 I'm glad Joe cleared that up for us.

Joe, buddy, I'm begging you man. Take it easy on the caps lock.

Posted by Mike N. 2006-12-13 23:01|| 2006-12-13 23:01|| Front Page Top

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