Kudos to China if true!
I'm confused why India's economic performance isn't translating into actual purchasing power. I mean by 2007 China has already surpassed US in automobile ownership, becoming world's largest car market. Meanwhile India's car market is only a fraction of US even in 2023. I mean at this point India should at least have reached parity with US in car sales.
Most of them are women. That’s why it’s almost always Chinese women the Western media hires to spew anti-China and anti-CPC propaganda.
I'm confused why India's economic performance isn't translating into actual purchasing power. I mean by 2007 China has already surpassed US in automobile ownership, becoming world's largest car market. Meanwhile India's car market is only a fraction of US even in 2023. I mean at this point India should at least have reached parity with US in car sales.
i think its lack of credit, lack of urbanization and cheap cars relative to income in India. India motorbike sales are big number.
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The wealth gap between the rich and everybody else is significantly worse in India than in China, and this data only goes to the start of the Modi premiership and his so-called 'pro-business' and pro-'national' policy. If the economic growth is so heavily concentrated, the bulk of profits will go towards consumption in foreign countries when the richest park most of their net worth there, while the working class cannot afford to purchase basic articles.
Chinese military also evacuated Pakistani and Brazilian citizens as well.
UK, like the US, told its folks to make their own way to the capital airport, and good luck.
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i think its lack of credit, lack of urbanization and cheap cars relative to income in India. India motorbike sales are big number.
In this list India not much different than US and China
nequality Ranking | Country | Bottom 50% | Top 10% | Top 1% |
69 | India | 13.13 | 57.13 | 18.15 |
71 | United States | 13.31 | 45.46 | 18.76 |
82 | China | 14.36 | 41.66 | 14.00 |
Loveleenkr comes to mindSome of the most strident and militant Chinese nationalists I have met have been women, so I would advise against personal anecdotes.
13 spot difference is not major when you consider India political system.From your souce:
nequality Ranking
Country
Bottom 50%
Top 10%
Top 1%
69 India 13.13 57.13 18.15
71 United States 13.31 45.46 18.76
82 China 14.36 41.66 14.00
It's big difference between India and the US & China, especially compared with China.