peter236

India corruption is even worse. China's per capita GDP is 3 times that of democratic India
So if China's GDP increases by 10% per year and the Chinese currency appreciates by 3% per year, it will take about 20 yrs to catch up with Japan and the US. This time frame is quite reasonable. If Japan or the US crumble faster by themselves, then China can catch up even sooner. It is just a numbers game.

peter236

回復  快樂牛郎

我都贊成多勞多得。
I don't agree the system of 做又36，唔做又36.
However, when the  ...
fibbi 發表於 2010-8-20 13:33

This problem of rich and poor happens everywhere. What they are doing now is to invest heavily in the western parts of China. Also, they are investing in their healthcare system. These measures can easily solve the problem.

peter236

回復  peter236

You are showing your horrible Math here again without careful reading the post...

...
lo_pak 發表於 2010-8-20 14:22

I am talking about the per capita GDP, not total GDP. In the first sentence, I already talked about per capita GDP: "India corruption is even worse. China's per capita GDP is 3 times that of democratic India". Please read my previous post again.

And these are just casual calculation just for a quick discussion. There is no need for you to bash so quickly. In fact, per capita GDP does not even totally reflect standard of living. You have to take into consideration the consumer prices. A person making HK$10,000 per month in China may have higher standard of living than a person earning the same amount in Hong Kong, due to lower consumer prices in China.

peter236

回復  peter236


    India好唔好關咩事？如果India係世界上最corruption嘅國家，中國尾二，咁係唔係好好 ...
fibbi 發表於 2010-8-20 15:27

We talk about India because India also a has large population and ancient culture. For comparison purposes, even though India is democratic, it is even more corrupt than China. So even if China becomes democratic in the future, it may not solve all the problems.

The Chinese have already started to invest heavily in the infrastructure of the interior regions. As can be seen, they are building lots of highways and railways to serve the growing economy of the interior regions.

peter236

回復  peter236

Sorry though, maybe I'm just a bit nervous on numbers...

In statistics, there is n ...
lo_pak 發表於 2010-8-20 14:39

If we use the GDP (purchasing price parity) method, China GDP has overtaken Japan many years ago. So it is important to take into consideration the different consumer price levels in different countries.
Using the nominal GDP method, China has just overtaken Japan.

peter236

中國人的愛好就是，掙到錢就揾定後路走佬
ricrick 發表於 2010-8-21 00:38

You are a good example of this behaviour, since you came here. But then Canada's immigrants come from all over the world. From the early European immigrants, to now the Indians, Phillippino, Vietnamese, and Korean immigrants.