Then & Now: India versus China
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- Опубликовано: 19 дек 2023
- CNBC's Bob Pisani hosts "ETF Edge."
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The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.
For the average person, the strategies are fairly demanding. In actuality, most professionals who have the necessary expertise to pull off such trades effectively carry them out.
I agree, before the pandemic got real serious, I used to handle all my investment and I was pretty good at it, fast forward to post-pandemic and my-portfolio is steady in the red with profit rate down to the lowest, that's when I touched-base with a coach I saw featured on businessweek, who restructured my portfolio and over the last couple months, I've made over $850k from initially $210K
I've wanted to start investing for a few months, but just haven't had the courage to start because the market has been down for most of last year. Please how can I reach out to your financial advisor and what are their services like?
@@Erickruiz562
I work with Jennifer Lea Jenson, who is a licensed fiduciary. Just look up the name. All the information you need to work with a letter to set up an appointment is included.
I work with Jennifer Lea Jenson, who is a licensed fiduciary. Just look up the name. All the information you need to work with a letter to set up an appointment is included.
I left my investment banking job in Canada and moved back to India in 2014 (the same year Modi came to power). The kind of transformation I have seen in the past 9.5 years is mind boggling. Things I thought were impossible in India (e.g. rural electrification, sanitation coverage, multi lane expressways etc.) have become commonplace. I don't want to speculate where our economy will be in 30 or 50 years as I just want to soak in and appreciate all the transformative work that is happening around me.
Vote ❤ for development
Investment Banking in Canada? Lol...looks like you didn't have a choice but to leave.
Agree w you. Westners are envious honestly the way India is changing. I have seen Europe and UK, there is enough nonsense there ad wel
@@vipuls5900lol
@@hitendoshi108India per capita income rank is 150
India has challenges 10x than US. But people's will to innovate is phenomenal that creates unique opportunities.
Okay bhakt
@@TheGreatVivek7 lol sucks that we're in power and doing so well eh?
@@madhukarmurthi9064 who is we?
@@TheGreatVivek7 not you
Any innovative products that have come out of India in the modern world that most of the world uses?
Visiting India after 6 yrs. This country is the next to watch for. Hardworking people, speak English, hunger to grow, friendly to entire world, one world view, does not take anyone's side, neutral mentality, live and let live mentality. Elephant will roar next 5 decades. Hundreds and thousands will come out of poverty. Let us pump this elephant and inflate it so we can sell more products and services.
Thanks for a crisp and clear summary of India's way of world view!
I am living in the US since 1966. Children are professionals. In all these years, I appreciate Modi ji. Born poor. Better than the Oxford graduate Nehru.
Indian Century
"speak english"? No, thats bad for India.
India has challenges but it will
Overcome them. Remember India has challenges that non Indians can’t comprehend. India is a slow moving elephant but a non hostile force to reckon with
Well said
These challenges for India are created and have been created by the West for a long time (as they created for Africa, middle East, Asia , Russia etc using divide and rule )
india will do wat china couldnt do....
India will be the same old same story that has been repeated again and again for the last 70 years. It will certainly grow but it is organic growth with the increase needs for the population and the young demographic. But there is no change in land laws, labor laws, tax laws (to give credits it has GST to give so a slightly more power to the central government), infrastructure and manufacturing ecosystem. There will be growth for sure. But it won't be major growth with dominating industry sectors.
@@jkuang 😂😂do u even know how many industries are being setup and how its benefiting not only farmers but other players as well
I started my startup within 5 minutes in Bengaluru. Thats speak of growth, we couldnt imagine this 10 years ago. Everyone wants to be part of India success story here.
Being an indian residing in middle east, i can say there is huge change happening in India. Infrastructure is being build at rapid rates. Every where u can see roads being developed. New ports and airports are being developed. Railways tracks are being laid, metros coming up, Smart cities being developed. New ideas are getting appreciated and every child i met try to think out of box. Consumption is thriving. New start up are coming up and getting funded.People are happy and they all including me believe future as bright.. Iam sure India will rise and its all start now..
Then why dont you come back and help it rise back. You wont do that right?
All on papers nothing on ground
@@anujsethi7845 most of the commentators here are either bhakts or NRIs who has no idea about ground realities.
Good to know. All the best to India.
And yes, it still managed to land on the south side of the moon and become the first nation to do so.
Burton's face was shining when he was talking about India. His command over global political and economical issues is outstanding. Even he is worried, though, about the negative impact on India's growth if Modi government is replaced. A message for people of India.
Yeah I can smell him sounding like not to invest in India due to communal tensions and modi government could be replaced and all.
And all the study of this gentlemen is wrong about India there is nothing like communal tension and BEUROCRACY performing efficiently modi government is well controlling the economy with robust growth.
Why do u always need a certification from the West, we know we r the best, pls unsubscribe CNBC and just don't listen to them, do ur hard work
@@rockonindia9951 There's a difference between a certification and an opinion from an expert. The man is spitting pure facts, what's wrong with it?
@@rockonindia9951 we know that Rock on. The next decade is ours. And I am just appreciating the opinion from an academic.
@@rajatshukla7559 This is what people who hate India may do in collaboration with our enemies inside India. eg. George Soros and Italian baba. Hit Job on Adani was one such example. But what happened? It bounced back.
The key indicator is SENSEX at 70,000 points. In 2012, it was around 14000 points. It has grown 5X in the last 10 years. Surprisingly by 2025, it is expected to cross 1,00,000 points.
it was 24000 in 2014.
las time sensex was at 14000 was in 2009.
The plot to look at is SENSEX S&P 100 in terms of corrected USD (revalued using dollar index of 100). The most likely date to reach 1 lakh with exchange rate of ₹85 per $ with $ index of 100 is in the first quarter of 2028.
If ₹ devalues to ₹100 per $, then the SENSEX will reach ₹1 lakh (is., $1000 corrected USD) in the first quarter of 2026.
@@dekkeroid2962 What low? in new year everybody did profit booking and sold all the shares that's why sensex fall around 200 basis point but today it bounce back and now at 72026 either you are lying or you don't check sensex in new years because every new year India's stock market will fall because everyone sold their shares and take money to celebrate new year
it's more valuable than india's GDP, LOL
@@MMA-gb6to market growth is an indicator of development. As when the market crumbles, the economy suffers too. The same thing is when markets rise..
India has always had a lot of potential and will continue to have a lot of potential.
You said it! That's India's problem.
India disappoints both the optimists and pessimists - Ruchir Sharma
meaning a lot of potential never to be materialized.
@@banditonehundred ruchir sharma, the last person one should rely on.
whatever. India doesn't give false data. The economy grew the fastest in the world for the past few years. We still have a long way to go, but we are for the long haul.
India is booming very rapidly. That is almost unbelieveable for other countries in current circumstances.
LOL
@@ashar51412Porki
It's taken long enough. India has always been 20 years behind China. Since 2010 the world has been waiting for India to grow like China.
@@GK-qc5ry Actualy 10 years back everyone even indians i think were waiting to grow for last 70 years government.
INDIA is in golden age of history bullish on India and we r in mother of bull market ~ Rakesh jhunjhunwala
Congress has already put a spoke in development by not allowing land bill to be passed. In india we are not even able to redevelop our cities bcoz of this like was done in singapore and china. Nor is vast chunk of lands for industry or roads easily available without roadblocks.
@@Sunil-rs8vfdon’t copy paste your all comments everywhere,,,propaganda
@@priyanshukushwaha6408 copy pasting makes it propaganda? How? It's just to many readers can read it. What is your propaganda by the way. Let me also hear it.
10 years ago if you asked someone whats Indias biggest problem, they would say corruption. Now corruption is the last thing you can accuse the national leadership of. They have 99 other flaws we can debate. But, the leadership is focused on developing the country ar a breakneck pace. I just got back from India. Everyone I talked to was so optimistic about the directuon their country was taking. Modi shows that you can have the popular mandate while making hard bets.
If you have your head stuck in sand you xan claim theres zero corruption. Modi is literally embodiment of corruption.
You are far from ground reality,,,govt is manipulating every data
Modi and his mafia are good at controlling media and hiding corruption more than any other party that has been in rule till now. Modi knows how to remain in limelight, manipulate people and media than any other politician in the world.
Endemic corruption at every level of government where bribes are required for every Govt action is still commonplace in India. Not to mention casteism and a total neglect of the education system which has the potential of making generations of young Indians into future lost generations is a huge risk.
@garethl738 true we have made Capex investments in infrastructure and I personally feel we are lagging in Human Resource investment especially education & job creation ratio - there aren't enough jobs and Healthcare for the poor working class. The goal should be something like if we can turn a poor family into middle class in 1 generation a common occurrence which I think currently takes over 2 gen. 1st generation college goers should be equipped with enough to change family fortunes.
Modi will again become PM in 2024
Ensure you and all your family and extended family vote!
@@Analysis_Dockwe surly gonna make our country develop for sure
@@Analysis_Dock thats the spirit we just fight online 😂
Private investing is the best way to go about the market right now, especially for near retirees, I've been in touch with a wealth manager, netted a certain amount of money the last downturn, made it clear there's more to the markets than we average joes know.
Who is this manager you use? I lost over 35000 already this year, I’m in need of a planner going forward.
My consultant is Monica Mary Strigle , experienced, advanced and consults for many brokerages hence is independent and can be a fiduciary to you.
Thanks for the recommendation, lady looks very intelligent, i searched her name on the web and found her site, scheduled a call already
On the infrastructure - India is on to it. 74 new airports are being made, increasing seaport capacities, freight corridors and logistics parks, complete railway is getting modernized, will be 3rd largest in terms of kilometers of Metro rail as every major town and cities are getting metro, currently every day 40 klio meters of highway is being built, which is going to be increased to 100 (as per plsbs) etc etc.
many overtaxed airlines went bankrupt. very sad
all of this is great but what I see happening is we have had a metro line, highways and expressways an upgraded IT Park but the hospitals are still dicey and unregulated terribly managed. The schools haven't been upgraded since forever, a couple of ICSE/International Board have popped up but Public Schools and even Colleges are largely just a waste of place. We need to work upon this immediately the NEP & Ayushmanbharat doesn't improve infra and quality of teachers/doctors and other services like Judiciary is worse than ever. The lowest level of govt interaction at govt boards/companies remain an experience never to be repeated again. If we don't work on this all the infra will end up serving the 1% funded by middle class taxes.
Go ask Modi when India build nice toilet 😂 still wrong 😂😂
We shouldnt build too much infra.. otherwise it will be expensive to maintain
India is definitely the future. Might not grow like 10-15% like China dis in last 20 years. But still it's gonna grow impressive. Right now is the best time to invest in India.
Hungerindex111, 45% forced child marriage, 60% malnourished childrens... Fix that first😂😂😂😂😂
@@VanDuc-hm6sp yes 99% of the child marriages are because of Islam. Very soon Ucc will be introduced and and Islamic personal laws will no longer let Muslim man to marry anyone under the age of 18 . Because of Muslim personal laws let Muslim man get immunity from marrying a minor , which is already illegal in India .
Very soon it will be fixed .
Hunger index is ranking is false . If India is ranking 111. Than why does world starts panicking when India export bans of agro products.
Where did you get this fake data from?@@VanDuc-hm6sp
@@VanDuc-hm6sp Dude thinks everything can be fixed in one day
@@VanDuc-hm6sp Your words aren't stopping investments in India at all!
FDI was at an all time high at 84.2 billion!
Indian economy is predicted to be doubled in next 5 years. Meaning India will generate same amount of wealth in next 5 years then she did in first 75.
That assumes 15 percent CAGR for GDP. Only about 7 percent of that will be real, rest is due to inflation. Even that is impressive but nowhere close to what you seem to be thinking.
@@MrigankJ25percentage ka formulla laga ke gdp calculate karte hue balak
@@user-vk1bm India m ganwaar log itne hai na, kisi ko toh karna padega. Dil p mat Lena bhai teri baat nahi kar raha.
Pehle k 10 rupees aur abhi k 10 rupees mei zameen asmaan ka farak hai bhai
India is india today for its first 70 yrs since the first government decided to go global unlike today where people and their businesses are burnt in communal riots provoked by the government in power whose PM was visa banned by US for same cause and is now questioned for cross border killings.
Britain killed 4 million Indians in Bengal in 1943 by imposing a famine
what were the remaining 300 million indians doing during that time?
@@sudonameread some history instead of asking stupid questions
India killed thousands of Tamils in sri Lanka between 1987=1990. Just saying.
You see. This is the mindset why India will never be a world power. Stuck in the past. Their mentality sucks. Garbage everywhere, still blaming other, corruption, scams, etc...
Yes... Churchill did
As an Indian i would recommend all investors to come to India and invest.Here the infrastructure is coming so fast than we had seen before. People and government sees western world more friendly. Moreover we are a democracy and u can rely on us. We assure that.
Congress has already put a spoke in development by not allowing land bill to be passed. In india we are not even able to redevelop our cities bcoz of this like was done in singapore and china. Nor is vast chunk of lands for industry or roads easily available without roadblocks.
@@SanketPatoledamn man right on the point but now I see that colonial mindset fading away in the younger generation! That would be the greatest strength of ours! Soon we'll see leaders from the opposition that will know what's great for our RASHTRA!
Very sensible comment @@SanketPatole
@@bhu0091
If you read more about the nation (rashtra), state (rajya), nation-state (rashtra-rajya) and French revolution (French rajya-kranti),
You'll first realise that you're just identifying yourself to the French/Western/colonial concept of modern nation-states.
At the end, you'd realise that you're just a pawn fighting for nothing.
@@SanketPatole Rashtra word has a Vedic origin! and french revolution is total different thing
@@bhu0091
Exactly my point!
People nowadays call nation-states in short as nations, not realising that nation altogether means a different thing. That's where the confusion is.
People do not realise that Vedic idea of rashtra (nation) has nothing to do with modern nationalism (based upon the concept of nation-states) which they're fighting for.
Before the French revolution, ideas of rashtra and rajya were not congruent like they're now.
These people even try to extrapolate this idea of modern nationalism (based upon the concept of French nation-state) to as far back as the Mauryan Empire,
This is sheer stupidity. People did not care about states back then.
It's like feeling ashamed of temples in Khajuraho, thinking it is against our culture, but not realising that the modern culture is hugely affected due to Islamic and Christian sensibilities introduced by the invaders.
And extrapolating it to the 12th century India is stupidity. It's you, who is changed!
Modi is in a strong position for 2024 after election last week. Investment and growth over next 5 yrs will be incredible. Easily passing Japan Germany for #3
Do people realize how far behind india is to china in EVERYTHING. CITY Infrastructure, education system, port infrastructure, healthcare, etc....
When companies started investing in China, China had none of the above. All the things you have mentioned developed over the years. As the demand grows the need to build more infra also goes. Most of your cities today are the result of SEZ's for the industries investing in China.
Also, India is giving more returns currently on the investments compared to china.
Businesses have already lost trillions in China over last few years, china isn't a promising place for investment anymore. That real estate bubble is popped and banks and big companies are defaulting. The GDP growth numbers are also not real. As companies are moving out of China, they have a huge unemployment issue at hand.
If you look at the bigger picture, China has more problems compared to India, not to forget the aging population and communism.
Yes.... If all one look at are Chinese exports, none of which id driven by domestic consumption..
But do YOU realize how freer Indians are compared to the Chinese?
A lot of India's economy is driven by internal demand and consumption, and not exports.
Undoubtedly, India will be number one across the board within the next decade
No. It will still be a poverty stricken hellhole.
Calm down tiger, we have a long way to go but maybe a window of another 25 yrs to be an undeniable force in the world.
你们在对妇女和儿童的犯罪率上早就是第一了😂，印度阿三也太搞笑了，恒河水喝多喝傻了😂😂😂？
Have been saying this since the last 80 years 😂
@@govuxyz even 25 years is too optimistic.
The missing piece in the indian economic puzzle is ‘innovative product development’ in all sectors, and then sell it to the world.
China doing contract manufacturing for 30 years could only become a fast growing middle income economy. If india has to surpass china and become a rich economy , then it shud ride the ‘innovation’ bandwagon instead of contract manufacturing.
US became rich in such a short time because of this.
Wait
Exactly
Fantastic observation
That's The Right Path Ahead...
Have u seen upi? Rupay? DigitalRupee? Neft?imps?fastag?
India is a democracy and this democracy will ensure Modi remains in power.
modi is npt INDIA he is just a servant of INDIA chosen by elections
With help of EVM, present government will rule for next 50 years.
@@naitik79 Cry baby 😆
Modi regime is fascists one
lol... that is confusing.
East or West, India is the best 🎉
😂
我是一名中国人，我非常喜欢哪位教授的发言，完全是看似聪明的胡言乱语，实践是检验真理的唯一标准，让我们走着瞧。
i am an indian but how do you access youtube 🤔
@@V68793 lol, It is not true that RUclips is accessible only in India. 😂😂
중국의 광저우와 인도의 뭄바이를 직접 본 입장에서 인도가 중국을 따라잡는다는것은 말도 안된다고 생각한다. 인도를 비방하는 것이 아니라 객관적으로 그렇다..
I started investing in India in May 2019 just before Modi came to power - it generated phenomenal returns.. It was mindblowin returns - That is the advantage wit Modi - he provides a stable government.. there are elections in May 2024, If he wins - Indian stock market will go into stratosphere.. m betting on Modi - he will win again next year.. .
Modi has been in power since 2014. You should check facts especially about India as now almost every Indian is on the internet.
@@rollsroyce4249 Your English comprehension skills are below average. I said Modi came to power in 2019. I never said he came to power for the first time. I know he came to power for the first time in 2014. Before 2014, He was the Chief Minister of Gujarat.
@@elnovato1741Yes we all know about the Butcher of Gujarat.
@@TheFlagUnit Lol - found a Paxtani' - got your Atta today..? How many hours you had to stand in line for Atta? How many kilos of Atta did u get in your Katora today? That's the opinion of Billo Rani - opinions are not facts - Supreme Court of India said Modi ji is clean and that is the law of the land.. Even your Asim Munir can't do anything..
Looking at all yer comments you are from India mate so why did you invest in India?
There is no ethnic tension in India .. Northeast situation will be fixed soon providing congress don't choke peace process.. And Modi will not be replaced in near future
manipur problem is BJP problem . dont blame this on nehru .
There's a constitutional limit tho. This is not China so unfortunately he cannot have more than 3 terms
I only hope capable competent leaders replace him
We don't want identity politics and anti Hindu Islam pleasing parties like Congress... We need those who does good to everyone like the BJP
@@aayush8081 bro I am from Manipur and I would like to say that the bjp government here has completely failed to stop the escalation of the ethnic class. And I would also like to state that all this wouldn't even happened if the Nehru led government showed some frickin concern in the northeast state after independence rather than governing us with the same British policies. The division of the valley and hill by the British is the main issue which caused the violence. If the government back than really cared they would have thoroughly studied the harsh British policies, and fixed that's going on with my state.
@@kokkok928 I am not denying Congress mistake. They did mistake. But whenever we ask BJP for any problem they blame it on Congress. My point is that now BJP is in power for approx 10 years. They should take some responsibility instead of blaming everything on Congress.
@@aayush8081 Manipur problem is actually brits created problem that was not scrapped but let to kept going by congress govt when making rules, basis of country after independence in 1947 and let problems get more deep rooted, let conflicting mind situation in ppl only getting more strong/worse with time. So, u bash modi govt to not fix those deep rooted conflicting & controversial policies of brits in mere 9yrs that's there from so long & only got more worse deep rooted during 70yrs of congress
There are two types of Infrastructure- Digital and Physical.
If you take Digital Infrastructure then India beats everyone. The question is now only Physical Infrastructure which India is working very rapidly.
India beats everyone in digital infrastructure? How did you arrive at that conclusion - please provide a comparative summary. By the way digital infrastructure is underpinned by physical infrastructure - from nanotechnology to chips, to brick and mortar infrastructure, which India is a laggard in.
@@hitendoshi108 So Electronics and Chips are different then Digital infrastructure.
Since you asked how I came to the conclusion- I would like to share one video with you.
@@hitendoshi108 India beats everyone in speed of digitization, not digital infra as a whole.
@@soham4741 What do you mean when you say speed of digitization and how do you prove that India is ahead of everyone in this regard?
Great discussion! I appreciate it.
India's greatest power is in its unity. The people of India have realised the power of unity and also know the fact that the only reason why they were looted by foreign powers in the past was through the divide and rule policy. Indians are more united than ever before. That's power
You guys don’t even speak the same languages. And not to say the suppression on Muslims.
@@mariajiao4855 suppression of muslims?😂 Do you muslims are present in most fields even in governance and administrative. Go and ask Pakistan how many hindus present in governance or any other fields 😂. We don't speak same language so what? Is there any problem for you?
What about caste systems,,which is still looting backward class
Not denying the problems India has in terms of a huge group of uneducated or regressive people who will try to pull their own people and country down due to the age old ideologies they follow. One of the biggest challenges in front of India are a handful of regional or local leaders or politicians who are experts in misleading people and inciting fights for political gain. Hero worship should stop and people should worship their own work. Also the right kind of social media influencers need to be given the power to be taken seriously because nowadays there are tons of really bad influencers out there who are not even educated, it’s that ever growing chhapri demographic that will cause problems and people should realise that before it’s gets out of hand.
@@priyanshukushwaha6408 caste system is fading slowly. Are you saying it is increasing?
How does this help if you can’t even provide an India stock or ETF that we can buy here. The discussion is useless.
FLIN , INDY are the two etfs
Infosys adr, Icici bank adr stock listing on nasdaq
invest in any fund that resonates with Nifty 100 Smallcap. Thats all You need to know.
The bull case for India is that it has no place to go down.
+20 social credits have been deposited to your account.
@@konjecturethis kind of silly joke is getting old.
@@jdc3636I agree, should've been +200 social credits
@@konjecture No credit for speaking common knowledge. Ranking 132 in HDI (Human Development Index) means there is no down from there. Credit points go to people who run the Human Development Report or people who run India. Up to you.
With riots in Manipur, separatists in Kashmir, Naxalite insurgency, Khalistani resentment, wrestler's protest, massive unemployment, rising farmers suicides, falling groundwater levels, communal tensions,religion politics,north-south india sentiments,uttar pradesh crime rate,poverty,bihar overpopulated,income gap,woman safety,global warming,infrastructure problems,train safety.
#111 in Hunger index
#161 in Freedom Press index
#126 in Happy index
#139 in GDP per capita
#132 in HDI index
#148 in Women, Peace And Security Index
10% earn
Placing Modi around the “ethnic problem” in India is a very western way of looking at India
Nop.....I think its a very logical way of looking at Cons in "Indian Leadership". And until it hits one's own home, one never cries foul....
Exactly my thought
@@gregnathan9830India is a pluralistic country like no other. Unfortunately, You can never truly understand it with a narrow western lens, especially when even a sizable Indian population fails in doing so 😂.
So I know where your thoughts are coming from.
true
True
This guy does not know India or China
Absolutely NOT, since when a westerner ever knows China or India
The entire West think they do, but we just sit here watching them talking, and talking nonsense.
He is probably thinking India and China are below Mexico 😂
agree
Excellent discussion 🙏
Can anyone suggest good dividend paying ETFs with a broad India exposure? So far I've found the India Fund (IFN) and the Morgan Stanley India Investment Fund (IIF). I prefer quarterly to monthly dividend ETFs, but so far I've only found the India Fund (IFN) to provide the criteria I'm seeking. So for US investors seems a pretty limited basket of healthy regularly dividend paying India ETFs. There are other India ETFs but these have very low dividend yields which I would want to stay out of as India has been investable for about at least a decade now with several Indian stocks returning healthy dividends. Too bad for US investors that Tata Motors withdrew their ADR. Otherwise was a great stock for US investors wanting India exposure.
Great points! Loved this
For my friend's who still doubt the changes which are taking place in India few points for them to delve on
1. India is investing more than 100 billion USD on Infra per year and this amount is growing each year. 2024 end we will see some major Infrastructure go live like the DFC, DMIC, couple of major airports and bridges. The effect of these will be felt in the economy.
2. India is making huge progress in Digital infra and in terms of real time online payment, it is actually ahead of China and far ahead of USA.
3. Oil dependency is biggest weakness and reaon why Rupee always depreciates. However India will be number 3 in Renewables by end of 2024. Infact it is building World's Largest solar park of 30 GW (Yes 30 GW) over an area bigger than Singapore. I feel the day India has 750 GW of Renewable Energy, Rupee will start reverse trend.
4. India is a young country and now Indians have started taking innovation and entrepreneurship seriously as funding by local VC, Foreign Firms and Indian Angels is available. This will be a big game changer for India in coming 5 years.
5. India has a very favorable Geography. Cant write here as it will be too lengthy and complex. But feel free to google. It also has the largest areable agriculture land in the world.
6. We have always been a neutral and peaceful country. Prosperity and Wealth flows where this is peace and neutrality. Not to forget we are also the Spiritual capital of the World.
Biggest challenge with India is to get the projects completed on time without much cost overrun. Bharatmala cost already increase from 5 Lakh crores to 10 Lakh crores. DMIC and DFC projects have already missed several deadlines and are working way behind schedule. Everyone knows the condition of bullet train project.
hurry up , China hopes that you can develop
Very well said!
Absolutely true
The difference this time is western media realizing this now whereas investor in India understood this during covid...people who invested back than have almost 3× returns and imagine where they will be 10 years from now. One more thing that Modi has done is that he had made people of India risk taker, some will argue that out of 130 crores only 5 to 8 crore invest in market but they forgot that although the percentage is still small the number is huge which is growing everyday.
I think its a far more rewarding experience to live in a place and time to make actual, groud shaking changes than to live off of them having already been done and I, as an Indian, seeing how daunting the challenges are ahead of us, including the mediocre and the mighty, think its gonna be an adventurous ride and have a hope to finish at highs that has never ever been though possible in not only this country but any other....setting the bar high at the global level......i am optimistic we can, but even if not, the pursuit of it will be enough for me when I kick the bucket. No time to be alive as an Indian more than today i think.
If Modi wins, Indian economy will grow multi fold in coming years.
Will be distastrous,,,he has not taken a single good step till now
@@priyanshukushwaha6408 bjp already won keep crying pappu supporter
@@priyanshukushwaha6408 kitna royega bc 😂
@@priyanshukushwaha6408 Ohh ladies & gentlemen, look this greatest economist of the world has spoken 😀😀
@@priyanshukushwaha6408 jitna wada Kiya tha sab toh kiya hai
Modi- the world’s smartest politician and leader.
You are joking right ?
I appreciate your criticism. It’s important to have criticism in a democracy.
Damn right he is the smartest and more importantly the Most Respected and the only true world Learder! Uncle Joe has ceded the crown away to India.
The CNN listening and NYTimes reading low information crowd is puzzled 😂.
Smartest leader that gave China 2,000 square km of land😂
@@Suffer-growtrue. When he came in, India had no border infrastructure. China took advantage. He is kicking the Chinese in the butt now. All manufacturing is coming out of China to India. The border infrastructure has transformed.
20 yrs ago, u guys said india would replace china within 10 yrs. 10 yrs ago, the same topic was repeated. And today, u r still having serious discussion abt it. I am pretty sure that the same topic will be discussed in the next 10 yrs😅
No one was Saying that 10 or 20 years ago. But now that Chines men can't reproduce and your Property market will collapse people know better.
I believe that it will still be discussed in 2099.
@@kunalmarathe5542 In GDP comparison over the years it is not the same of course but worse.
The main difference between China and India:
When China plans something, the world would know about it once it has been completed.
When India plans something, the whole world would know about it even before it starts
that's not smart is it?
Yes you are Right ✅️ whole world saw this how china plans Covid😢
@@Saurabh-255 u mean the huge burn of bodies in China? Oh sorry it’s in India🎉
Isn't it opposite.
Moving back to India. Investment in India will make you rich, period.
Well a fair advice, invest in Tata and Indian railways....
How are you
India is moving very fast with a clear vision and mission
Positivity of India is that It has much to expand within itself.
India is democratic, with 10 religions, and 22 languages, autocracy is impractical.
Modi ji is a tough boss, difficult to please. If a project doesn't make profit,
shut down, the boss loses job. So far no loses are "reported".
War is not his priority, unless it is imposed. India remains neutral,
that is more profitable in the long run. Why not?
India became digital. That will create "clean" administrations, less corruption.
Poor and low income "Pushcart" Salesman can survive in a democratic,
Capitalist country, of 1.4 billion people, with incomes of $2-3/day. 33% of
sales are in this bracket. This will increase in the coming years.
Education becomes AI-digital, with an aim to educate 1.4 billion population.
Families are education minded.
Still lots of bureaucracy and bribery to start business in India unfortunately, all business going to Vietnam
yeah, sad reality@@msdadsfsx
The average dollar one person earned in india per day is 7-8.
You are correct. Bureaucracy is corrupt. This is coming down since 7000 yrs. of RECORDED HISTORY. Example. Prime minister's grandson did two things. He gave 280 citizenships and signed off property to "China" without PERMISSION. This can go to millions of examples.
India is in the same phase as china was in 2002.
India has a fantastic demography and population growth since decades - like Nigeria and other African countries.
Very strange that China’s unprecedented economic growth happened or at least didn’t stop after the one-child policy got introduced forty years ago.
And how about the demographic development in Taiwan, Japan or - god forbid - South Korea, which all have quite successful economies? Taiwan manages to have an even lower birth rate than China without having had a one-child policy.
What is so fantastic about India's demographics, kid !
India will just have more poor people just like Nigeria and the African countries !
U r forgetting that india indeed grew around 8% compounded(usd term) in last 30 years which isn't low in any measure, now we are expecting actually around a same or little lower only...... Other fact is Japan Korea taiwan have matured economy, they won't grow more than 2% in any given year, their stocks won't grow that much either (around same as nominal I. E. 4%)
The one child policy was conducive to growth because it forced families to educate their children and made it more manageable to provide jobs to the population. Having only one child means all resources will be sepnt on them which made the entire process much faster. Of course, China kept the policy for too long and now its demographics are heading towards the edge of a cliff.
India will never grow double digit like China. It will grow anywhere between 6-8 percent depending on global factors, but it will grow for MUCH longer than China. That may not be a great thing for the current generation trying to get rich faster, but I think India will have a much more sustainable growth with democratic buy in from the people. LOWER FOR LONGER, that the India story in my opinion.
could be so,but we mustn't forget the hand of nature in the form of pandemics , natural disasters, and also wars , sanctions etc.
Congress has already put a spoke in development by not allowing land bill to be passed. In india we are not even able to redevelop our cities bcoz of this like was done in singapore and china. Nor is vast chunk of lands for industry or roads easily available without roadblocks.
what evidence do you have that India would grow longer? If India ever grows, it needs to actually make things to export to China. We will see how competitive India actual is then.
1. Never say never. Just because it hasn't happened in the past doesn't mean it won't happen in the future. India has never before seen such a confluence of favorable factors - economic , political and demographic - that it could yet happen.
2. Autocratic regimes are notorious for lying about statistics, to make their autocracy look better to their own people.
China's GDP figures are suspect, more so because the lower levels (provincial and city authorities) were given GDP growth rate _TARGETS_ to achieve, something that no other country does. This gives the lower levels a very strong reason to doctor economic indicators/figures.
That is one of the reasons for China's out-of-control construction sprees: local authorities were under pressure to meet those high targets.
@@ArmageddonIsHereWho is lying on stats. India pretend that their GDP is now $3,75 Trillion which was same what China was in 2007, one year before Beijing Olympics. At that time China infrastructure in 1st tier cities were already awesome. No slums. First High speed rail line Beijing Tianjin was already a reality. By year 2007, China had already sent men in space several times. Sorry to say, India today has none of the above attributes. $3,75 Trillion GDP. I seriously doubt.
Vote wisely folks; do not let the Congress back in for the next 100 years!
A very balanced discussion
India is booming economy ❤
Har har mahadev❤️❤️❤️😍😍🚩🚩🔱🔱😊😊🙏🙏🕉🕉🕉🕉🇮🇳🇮🇳🕉🕉
In just 10 years Modi did what Deng Xiaoping and his successors (until 2007) took more than 20 years to achieve.
Unlike other countries like Japan, South Korea, Taiwan and Western Europe, India has had no subsidies, no technology transfer, no military protection (from the United States). And yet India still emerges from nothing like the phoenix that always rises from the ashes.
It's incredible and it proves to the whole world that we don't need a Marshall Plan to develop and escape poverty.
INDIA NO 1. Love from Beijingpur.🥰🥰🥰
trust me when I say this
India is the perfect emerging market rn
Pour in all the investments into our markets
its at 4.3 trillion market cap rn
As citizens we will enjoy the returns and if you miss now you will miss big time.
Yup, few days ago my teacher were discussing about present situation of market and was sure about India's stock market tremendous growth especially talking about Tata AND Indian railways
In this 9 years of Modi govt Roads and expressways have been built more then past 65 years of India before 2014... AIIMS, the flagship institute for medical students, new 14 of them have been built which were just around 5 in total ... .there are also other medical colleges built along with it, before 2014, there were 70 airpots only... In just 9 years we have 140+ airports... Semi govt hospitals are moderate in price and great in services... Even The electricity and water to every villege was worst and it had started taking pace only after Modi.. and now it's almost at around 90% .. Railway development is also mind boggling...
You name the sector and you will find this govt performing better then any govt in India's history....
Govt selling all to private businesses,,who could help with electoral bonds😂
@@priyanshukushwaha6408keep crying.... It's called Capitalism ... And govt's duty is to do governance... Btw, Mumbai airport was sold to GMR group in 2008-09 during UPA govt... This time it just got transferred from one private company to the other... And and and... If you talk about LIC, then govt just sold 3.5% stake of Lic... Remaining 96.50% is still with govt... And about Airindia, i don't think you would be complaining bcz it is bought by the most trusted indian company TATA... However, that's also a good decision to sell it.. bcz it was causing thousands of crore of loss ...
Man , India is the place to be. People have started realising that its no more worth living abroad.
Agreed.. but come prepared for pollution with a face mask.. esp if you have to commute in Metros .
Last few years has seen the highest number of migration from India to abroad. I don't know what you are on about. India is definitely developing, but still has a long way to go.
@@KaustabhBarman definitely a state like Bengal is underdeveloped so everyone has left for economic reason. People want to experience something different so they are leaving with plenty of money in hand Not like their poor parents and grandparents. Later realised after a few years that the decision was wrong. Many have come back , no one shares this data.
@@hitenarya lol no i don’t know where you are getting this data from. Statistics says people from everywhere in India is going outside more than ever. Specially more from UP, Punjab and South. And most people tend not to return back to India until they have reached their 50s. I can support my claims with published data, can you?
Nah not really. I'm working hard to get my PhD in CS from either Harvard or Stanford. India is still a third world slum and requires to improve basic necessities like education, healthcare, jobs and R&D.
While China is busy building the quantity,
We Indians are focused to build a quality!!! 😅
India is future of the world because india now have first real bharat(india) govt❤
Of Course, Baby products will be booming.
I am seeing that had never happened in any ten years of my life life in India…People have aspirations to make their children become well educated…and education is the ultimate thing ..the ultimate pointer….India is a developing country…so nothing to compete with developed nations…except the aspiration to become one…before 2047
India’s is just emerging from the exploitation of over 300 years of colonial era.
Apart from being the largest democracy and all other factors discussed above, the core belief is pride in our own ancient culture, peace, harmony, prosperity and coexistence. Mr. Modi represent this theme. We may not agree all the time, but we’re truly friends with US, truly friends with Russia, building relationships with our Islamic friends in the Middle East, we’re committed to the wellbeing of our African brothers, our soul mates Brazil etc. India may not do well with those who are arrogant, over powering and authoritarian regimes.
A lot can be achieved by dictatorship, power, control and show of authority, but will it last longer???
Only time will tell!!
What about Modi encouraging Muslims progroms in Gujarat when he was governor? He also ended Kashmir semi-autonomy against Muslims again. Loving your Islamic friends in Middle-East is good, you should do the same with Indian Muslims which are considered as half citizen in your country.
@@jbqu3142
What about those in your own China? How about practising what you preach first?
@@jbqu3142 Muslims are the biggest hypocrites....they care about Muslims in India but never said a single word against China who is demolishing their Masjids(video is on youtube) and killing muslims.... while nothing like this had happened in India.... All things happened under Law...nothing is bad...Indian muslims just don`t want to accept the truth and they are trying to manipulate other muslim countries against hindus of India
I am Indian 🇮🇳
We will overtook usa in economic in the 2075
Now we will again make our country as '' Golden Birds''
We all proud of ancient India
Jai hind 🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🙏🙏🙏🙏🙏🙏
2055
Let’s balled up 2035 🇮🇳 economy will overtake entire world
@@zachariahtitus1210 😂😂😂 ...
Nice Roast...
Have all the experts been to China in the past five years? You can see if China's urban and rural development is 20 years ahead of India's or 50 years ahead. India replacing China as the world's factory is a false proposition, as the world's largest market is already China. For example, the iPhone produced in India is despised in the Chinese market, really.
90% of comments are from Indian bots lol
i dont agree with ethnic tentions in India, people in west cant understand the fabric of India until and unless you see how festivals are celebrated , a church , mosque and temple celebrate and coexists in the same street , you guys have no idea about ground reality , one or 2 incidents in a country of 1.4 billion people are pointed by new york times , Washington post who hire left wing writers to portrait India bad.
This is no different from the China reported in Indian news. 😅
Helpful. Thanks
Which India stocks or ETFs??
*🕉️ 🚩 🇮🇳 INDIA 🇮🇳 🚩 🕉️*
All India needs is to do is build a world-class infrastructure (roads, ports, power & utilities), everyone including Chineses firms will move to India.
Very very true. India has to create a special task force team to make these things happen so fast & very rapidly. But ground reality so much different. India should put an aim to become a manufacturing hub in the world.
India need to go faster and smarter, China is turning to an greedy expansionism country, a less powerful India will lose its opportunity forever and live under shadow.
Indians love Democracy.. Indians love Government - Opposition politics... Indians love their fundamental rights. Conflicts in India will be solved by Indians
india is america's best sidekick and best tool in asia
everyone will have an opinion. I'd like to go with the opinion of a very enlightened being Swami Vivekananda who said over a 100 years ago that the 20th century will be usa's ,but the 21st century will belong to India.
dream
We just crossed 4 trillions dollar market valuation
No, yet close but not there .
Not close its already over 4 trillions.
He is talking about market cap and not GDP
Which means Indian market is overvalued.
Any deeper discussion on the qualitative element? Like organization skills, political unity, willingness to learn of the society in both countries?
Wow. What a priceless comparison.
It is a fact that China is 17 years ahead of India in the economic field.
How did you come up with that number?
@@ChinaSongsCollection report
@@ChinaSongsCollection经济学人曾经做过粗略的计算
When it comes to China Propaganda is news in the US.
Absolutely right
A very well informed conversation. Generally speakers rely on superfluous perceptions but in this case they seemed to have good grasp on the nitty-gritty of what's going in India and China
Which country is on the top list of "being hard and difficult to foreign investment"? India.
which country has 30% of its gdp in tofu dreg real estate, you cant compare like that brother
I've been following this India vs China debate for the last almost 30 years.
30 years ago, almost every single online article in the West comparing the two says India will be the next superpower.
This is the case especially if you talk to the Indians (on the comments sections).
Every time I ask why, the answer will inevitably lead to one single reason. And that is China is about to collapse.
That was (almost) 30 years ago.
And then every single year since then, China was supposed to collapse.
And then in 2001, the West backs its claim with the book 'The Coming Collapse of China'.
Since the book's launch, China continues non-stop to be "about to collapse" every single year.
From about 2(?) years ago, a flood of China-will-collapse-in-X-days videos (where X is either 7 days or 27 days) started to fill RUclips.
Today 2023, China is still about to collapse. And the next superpower is still supposed to be India.
I just came back from a 3 weeks holiday in Shenzhen in China. The place is as lively and prosperous as you can possibly get!!
I recommend you guys go and see it for yourselves. I think maybe you won't believe your eyes. Try it.
感谢您对中国的看好，作为中国人已经习惯于中国崩溃论了，深圳在中国是科技、投资、互联网服务的代表，我们也欢迎印度人民来到中国的内地，例如新疆这样广袤而美丽的地方，了解一下不同于西方人权诘问（在联合国人权理事会中几乎所有伊斯兰国家都支持中国并没有压迫国内的穆斯林，然而很多欧洲国家与美国认定中国侵犯穆斯林的权利，那实在是荒谬的！），还有青海省，这个地方的可持续能源使用率已经达到90%以上。
Thank you for your optimism about China. As Chinese people, we have become accustomed to the theory of China’s collapse. Shenzhen is the representative of technology, investment, and Internet services in China. We also welcome Indian people to the mainland of China, such as vast and beautiful places like Xinjiang. , understand that it is different from Western human rights questioning (in the United Nations Human Rights Council, almost all Islamic countries support China and do not oppress domestic Muslims, but many European countries and the United States believe that China violates the rights of Muslims, which is really ridiculous!), There is also Qinghai Province, where the sustainable energy usage rate has reached more than 90%.
@@fuselane Agree 👍
(PS. I'm ethnic Chinese brought up in the West)
西媒夸谁谁不行，印度从以前吹到现在一直这样，全世界最大怨种，每年卖军火给它都赚麻了，是我我也夸，制造业每年占比下降，让他们继续搞it和金融吧，对外输出产品除了农作物还有啥，收入基本靠侨汇，就等着养肥了割韭菜，现在国际形势两强斗一霸导致印度的舆论环境空前的好，以后要割韭菜了针对一手侨汇和诈骗，搞搞颜色革命，一夜回到解放前😅
There was no India vs China debate 30 years ago lmao, India had just started to liberalize while China had already implemented it. China will not collapse that is just western propaganda but India will follow the path of China like development over the coming 2 decades. Ive also been to Hongkong, Shenzhen and then Chongqing. There wasnt even any talks regarding India and China during the 1990s, it was mostly propaganda but if you compare metrics today and have a little idea about the stock market, you will realise it.
I have seen the development and i believe that India can also achieve this if leadership stays strong as it is today in the next 20 years.
Now tell me again... after Xi Jin Ping made his public announcement about the current state of China's Economy... is collapse still not imminent for China's economy?
and being a troll or a Chinese Propagandist... are you not aware that there's already an app that was capable of tracing you even as you change account or account names a few hundred couple of times 🤔?
Modi will be Prime minister for one more decade...
#Peoples PM
Applause for India's grown, a big country can decentralize the power from G7. I dont believe G7' s exicting is really welcome india to join the competition, but just found a replacement place to de-risk their supply chain from China. However, still be good to india. G7 really shoud think about is how to win indea market against chinese competitors and indian local growing competitors.
You can see next 30 years is also same central government running the country who is running now BJP , They are done great job from 2014 which India doesn't seen that kind of development in past 70 years , so we like , India like to see same government for Next 30 years also
The Princeton guy had a lot of "I think".
Just like " trust me. Brother". LOL.
Chinese bots losing it in the comments section...they've slaved so long for US companies and don't wanna lose that.
Look who's talking! Did you forget how the British enslaved your asses for 400 years! Don't throw stones when you live in glass house Coolie Boy!
Yeah they really watch CNBC because it’s going to make a difference 😂
@@bps7209 you can see it on any CNBC video comment section that mentions any truth about chinese economy.
Hungerindex111, 45% forced child marriage, 60% malnourished childrens... Fix that first😂😂😂😂😂
With riots in Manipur, separatists in Kashmir, Naxalite insurgency, Khalistani resentment, wrestler's protest, massive unemployment, rising farmers suicides, falling groundwater levels, communal tensions,religion politics,north-south india sentiments,uttar pradesh crime rate,poverty,bihar overpopulated,income gap,woman safety,global warming,infrastructure problems,train safety.
#111 in Hunger index
#161 in Freedom Press index
#126 in Happy index
#139 in GDP per capita
#132 in HDI index
#148 in Women, Peace And Security Index
10% earn
The Chinese people should be not underestimated. Elon Musk knows it obviously.
but unlucky for Chinese people - they have a brutal power hungry dictator in Xi jing Ping - There is no difference between Adolf hitler and Xi jing ping.. Xi jing is directly responsible for the deaths of millions of people because of Wuhan virus.. investing in China is dangerous
Yeah the slave labor. Cheap labor is all china provides to the world.
Even countries like Thailand, Vietnam and Brazil shouldn't be underestimated...they are also Fierce competitor in capturing foreign investment
we will see
Vietman is growing..
Salute to India's achievement! Indian ppl are great ppl!🇮🇳🇮🇳
us chinese nowhere to compare!
America No.1 India No.2🇺🇸🇺🇸🇮🇳🇮🇳
INDIA IS THE COUNTRY OF THE FUTURE WHERE THE FUTURE NEVER ARRIVE
Obtaining goods from India poses significant logistical challenges compared to China. While it typically takes me three days to ship desired items out of China, the process extends to three weeks with India, despite my best efforts. This delay is not solely attributed to physical infrastructure; rather, it reflects challenges associated with the prevailing mindset and cultural aspects. It is essential to recognize that India cannot simply replace China due to these complexities.
Agreed, but it's important to remember that China also didn't get there overnight. Their efficiency is a result of decades of investment and process improvement. India is not there yet - not even close - but it is a gap I'm confident India will soon narrow.
I love that discussion here 🇮🇳❤️
one thing democracy is important.. for investing
I left USA in 2017 and return to india to work on the health innovation sector ..i became a millionaire just by investing inthe emerging stock market
Can you imagine what a hungry youth in the billions will consume when it gets a bit of disposable income in its hands?? It's a MASSIVE investing opportunity!
They will never get disposable income. All they can afford is rent and food that's why food sector is number 1 in india and real estate prices is on par with US
@@brijeshbisaleri6866please explain the rise in car sales, air conditioner, televisions, fridges, smart phones, microwaves, washing machines, dryers, etc etc.
Rich people buying spares for themselves?
@@brijeshbisaleri6866if thats the case, why is the indian consumer marker is at all time highs, stock markets at all time highs, internal consumption at all time highs?
The buying power of india is 3rd highest in the world. This is the reason of our tremendous yoy growth despite global recession
@tamberlame27 it might seem all time high because population even if 5 percent of population has some money it means 5 % of 1.5 billion people that's close to 125 million people have spent using emi or credit around 80 % when it went from nothing to something doesn't mean they become america or UAE its just small growth while still 90 % of population don't make 2000 dollars per year which again proves my point while people will take loans for houses while having small income which leads to housing loan defaults
@@brijeshbisaleri6866 but u said ‘they will never get disposable income’.
This is completely false. India’s major chunk of middle and upper middle class has huge buying power. This is not 5% of population as u have assumed. This is much much larger.
three brother always very confident. Most of time overconfident 😅😅
So true, bro. INDIA NO 1. Love from Shanghaipur.🥰🥰🥰