Comments on: India vs China – A Bird’s Eye View http://utkarshsengar.com/2010/01/india-vs-china-birds-eye-view/ Utkarsh's thoughts on India, Web 2.0, Linux and Technology Fri, 30 Jul 2010 04:02:24 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Good Post on What India Needs to Overtake China « Understanding China, One Blog at a Time http://utkarshsengar.com/2010/01/india-vs-china-birds-eye-view/comment-page-1/#comment-110 Good Post on What India Needs to Overtake China « Understanding China, One Blog at a Time Wed, 21 Jul 2010 09:45:44 +0000 http://utkarshsengar.com/?p=126#comment-110 [...] article here: [...] [...] article here: [...]

]]> By: Utkarsh http://utkarshsengar.com/2010/01/india-vs-china-birds-eye-view/comment-page-1/#comment-107 Utkarsh Thu, 27 May 2010 21:08:53 +0000 http://utkarshsengar.com/?p=126#comment-107 India is definitely a "power", but an untapped power. As I said, "it's an elephant", so, I am waiting for my elephant to take longer and bolder strides forward. India is definitely a “power”, but an untapped power. As I said, “it’s an elephant”, so, I am waiting for my elephant to take longer and bolder strides forward.

]]> By: AD http://utkarshsengar.com/2010/01/india-vs-china-birds-eye-view/comment-page-1/#comment-106 AD Tue, 25 May 2010 07:12:12 +0000 http://utkarshsengar.com/?p=126#comment-106 Beijing most significantly counted on massive credit growth to spur the economy. The amount of new loans made in 2009 nearly doubled from the year before to $1.4 trillion – representing almost 30% of GDP. The stimulus plan worked wonders, holding up growth even as China's exports dropped 16% in 2009. But now China is facing the consequences of its largesse. Fears are rising that Beijing's easy-money policies have fueled a potential property-price bubble. According to government data, average real estate prices in Chinese cities jumped 7.8% in December from a year earlier — the fastest increase in 18 months. The credit boom has also sparked worries about the nation's banking system. Many economists expect the large surge in credit to lead to a growing number of nonperforming loans (NPLs). In a November report, UBS economist Wang Tao calculates that if 20% of all new lending in 2009 and 10% of the amount in 2010 goes bad over the next three to five years, the total amount of NPLs from China's stimulus program would reach $400 billion, or roughly 8% of GDP. India, meanwhile, isn't experiencing nearly the same degree of fallout from its recession-fighting methods. The government used the same tools as every other to support growth when the financial crisis hit – cutting interest rates, offering tax breaks and increasing fiscal spending – but the scale was smaller than in China. Goldman Sachs estimates that India's government stimulus will total $36 billion this fiscal year, or only 3% of GDP. By comparison, China's two-year, $585 billion package is roughly twice as large, at about 6% of GDP per year. Most important, India managed to achieve its substantial growth without putting its banking sector at risk. In fact, India's banks have remained quite conservative through the downturn, especially compared with Chinese lenders. I think this should probably give u little hopes about india's future...yes china has an edge in certain sectors..but u cant deny india's strength like pharmaceuticals etc.. Beijing most significantly counted on massive credit growth to spur the economy. The amount of new loans made in 2009 nearly doubled from the year before to $1.4 trillion – representing almost 30% of GDP. The stimulus plan worked wonders, holding up growth even as China’s exports dropped 16% in 2009.
But now China is facing the consequences of its largesse. Fears are rising that Beijing’s easy-money policies have fueled a potential property-price bubble. According to government data, average real estate prices in Chinese cities jumped 7.8% in December from a year earlier — the fastest increase in 18 months. The credit boom has also sparked worries about the nation’s banking system. Many economists expect the large surge in credit to lead to a growing number of nonperforming loans (NPLs). In a November report, UBS economist Wang Tao calculates that if 20% of all new lending in 2009 and 10% of the amount in 2010 goes bad over the next three to five years, the total amount of NPLs from China’s stimulus program would reach $400 billion, or roughly 8% of GDP.
India, meanwhile, isn’t experiencing nearly the same degree of fallout from its recession-fighting methods. The government used the same tools as every other to support growth when the financial crisis hit – cutting interest rates, offering tax breaks and increasing fiscal spending – but the scale was smaller than in China. Goldman Sachs estimates that India’s government stimulus will total $36 billion this fiscal year, or only 3% of GDP. By comparison, China’s two-year, $585 billion package is roughly twice as large, at about 6% of GDP per year. Most important, India managed to achieve its substantial growth without putting its banking sector at risk. In fact, India’s banks have remained quite conservative through the downturn, especially compared with Chinese lenders.

I think this should probably give u little hopes about india’s future…yes china has an edge in certain sectors..but u cant deny india’s strength like pharmaceuticals etc..

]]> By: India vs China – A Bird’s Eye View « MarketingTypo.com http://utkarshsengar.com/2010/01/india-vs-china-birds-eye-view/comment-page-1/#comment-38 India vs China – A Bird’s Eye View « MarketingTypo.com Sat, 23 Jan 2010 20:59:32 +0000 http://utkarshsengar.com/?p=126#comment-38 [...] full post on the lost logbook @import [...] [...] full post on the lost logbook @import [...]

]]> By: Utkarsh Sengar http://utkarshsengar.com/2010/01/india-vs-china-birds-eye-view/comment-page-1/#comment-37 Utkarsh Sengar Tue, 19 Jan 2010 08:00:35 +0000 http://utkarshsengar.com/?p=126#comment-37 <span class="topsy_trackback_comment"><span class="topsy_twitter_username"><span class="topsy_trackback_content">India vs China - A Bird's Eye View http://bit.ly/4wd8yu</span></span> India vs China – A Bird's Eye View http://bit.ly/4wd8yu

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