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India May Overtake China in GDP Growth by 2012

By Christian Fleming

Mar. 2 – India’s growth rate is expected to sail well above 8 percent this year and if local Chinese officials heed Beijing’s recommendation of a nation-wide 7 percent growth rate next year, India may even become the world’s fastest growing economy in 2012.

India’s GDP already showed a strong growth rate of 8.2 percent year-on-year in the third quarter of FY 2010-11. While this is well behind China’s average growth of 10.4 percent over the past decade, population growth, rising exports, and expanding services may help India to give China a run for its money in the foreseeable future.

In the third quarter of 2010-2011, India’s exports grew 16.2 percent year-on-year. Private consumption also grew by 9 percent from the previous year, while business investment grew 6 percent. Government expenditure was 3 percent lower than a year earlier, but that may be a selling point for investors weary of government competition with private enterprises.

Although India’s GDP growth slowed in the final quarter of 2010, it remained above 8 percent due to strong growth in key service sectors and a recovery in agricultural output. Accounting for more than 55 percent of GDP on its own, India’s service sector forms the nation’s economic sinew.

Activity in the finance, insurance, real estate and business services sector surged at a double-digit pace, while trade, hotel, transport and communications activity recorded their sixth consecutive quarter of 8 percent year-on-year growth.

China’s new, conservative-looking Five-Year-Plan stands in stark contrast to the expansive Indian budget that was unveiled on Friday. Forecasts hold that India’s economy will expand by 8.75 percent to 9.25 percent in 2011-12, with the numbers buoyed by high expectations of domestic consumption and of the positive effects of a loosening of laws on inward foreign investment.

Chinese Premier Wen Jiabao said during an online chat with the public on Sunday that “We’ll never seek a high economic growth rate and size at the cost of the environment as that would result in unsustainable growth with industrial overcapacity and intensive resource consumption.”

A day later, Finance Minister Pranab Mukherjee laid down a medium-term roadmap to achieve an annual 9 percent GDP growth rate. He said fiscal consolidation and reforms would be critical to sustainably achieve this rate.

The Chinese government’s Five-Year-Plan for 2011-2015—similar to India’s five-year budget—will be placed before China’s plenary session before being adopted fully.

“The Chinese economy is three times our size. So, overtaking China will not happen overnight and to do that we need not only grow at a higher level and reach a double-digit mark soon but also sustain it at that level,” Chandrajit Banerjee, director-general, Confederation of Indian Industry told The Hindu Times.

He later added that India does have the potential to do so, as it is backed by strong economic fundamentals.

And yet, although China’s central government has sought to maintain an 8 percent growth rate over the past few years, local and regional governments have consistently smashed that goal – delivering upwards of 10 percent growth annually.

The difficulty for China may not lie in stimulating growth, but in reining it in and making sure the benefits of development are shared by all. For the world’s second largest economy, it may be a point of embarrassment that GDP per capita remains around US$4,500.

But India too is not without its challenges, including rampant illiteracy, widespread inequality, ailing infrastructure, and an infant mortality rate three times higher than China’s.

Mr. Narayan, who is head of research at the Institute of South Asian Studies at the National University of Singapore, believes that the the inconvenient truth is that things can get done faster in a single-party state than in a chaotic federal democracy.

“At one level there’s envy at the progress China has achieved,” Mr. Narayan said. “There’s also a realization that that kind of organized governance would be very difficult to manage in India with the kind of diversity that has been developed in the last 50 to 60 years.”

Related Reading

China-India Weekly Business Update: March 1

Indian 2011/12 Budget Good for Foreign Investment

China’s GDP Up 10.3% in 2010, but Inflation Remains a Concern

China’s GDP up 10.3% in 2010, but Inflation Remains a Concern

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50 Responses to India May Overtake China in GDP Growth by 2012

  1. The_Observer says:

    This is a no-brainer. India may indeed overtake China in growth in 2012. In China’s next 5-year plan she is aiming for 7% growth per annum while India is aiming for yearly double-digit growth in GDP. The Chinese government is trying to curb inflation, redundant investment and property speculation. The trick is not to have runaway inflation which neutralizes the benefit of any growth.

  2. dgupta says:

    Finally China is sitting back and relaxing. It has reached another level of development. But can India pick up the torch and grow at a double-digit rate, in the next decade or two? I think it is a mission impossible. More realistic number would be 5 to 10 percent growth rate for India. My prediction is that India will slowly climb up the ladder to 3rd spot, but the gap between China and India will actually become bigger.

  3. Deek says:

    Why is this a news/article? It is a no-brainer. Its a relatively smaller economy…so obviously it should grow faster.

  4. Richard C. says:

    India will not only overtake China as the fastest growing major economy soon, but will also remain that way for several years to come. India has a very balanced economy that is driven by domestic consumption rather than exports.

  5. Ijaz Jabbar says:

    @ Deek…Don’t boast of Economy being small. Wat u mean by economy being small? What do you think the size of Indian economy is? You are saying it as if it Somalia or Uganda .If you want a decent comparison, I will say how u should. What is the difference between China and American Economy? Thats the same between Indian And chineese.

    And dude, our stock exchanges grew 500% compared with 150% of Chinese. So don’t even start saying wat countries are capable of doing.

    Pathetic Argument!!!!!!!!!!!!!!!!!

  6. Deek says:

    @Ijaj

    Take it easy! I am an Indian national and therefore would love if the economy grows faster and bigger.

    What I stated was a simple fact. Chinese economy is 3 times the size of Indian economy. And therefore Indian economy should grow faster. Similarly, US economy is almost 3 times the Chinese economy. And therefore Chinese economy grows faster than the US economy.

    Stock exchanges are one indicator of the economy. They do not represent the overall picture. Most stock exchanges in the world can be easily manipulated by the FII. Remember Asian Fiscal crises of late 90s?

  7. Ijaz Jabbar says:

    @ Deek

    I can now change my word from Dude to brother now.

    First of all, India is so big to say on. CNN IBN or Times Now is not even have the potential to cover India. ANd all those facts u just said, u think I didn’t know that?

    FII in 90’s was a time of the beginning of stock markets and NSE. When the world cheers on this decade of 2000s of Indias fundamentals and banking, I don’t think they r brainless to do that.

    Economy of India, the latest and easiest example is the bihar polls. I don’t wanna say to u about the state of that place. But look at the development they got in last 4 years? Gujarat, look at wat its achieving. Kerala, going to be 100% e literate in 2011, tamil nadu producing highest number of engineers. These are signs thats NSE or stock markets don’t represent. These are signs us Indians should look into for seeing our country is moving down or up.

    Finally to add bro, You look at a child and say 10 times to him that u r not gonna be good person in future, it attracts negativity. It shows how ill prepared a person is to take on the future. Looking around me at my town, I see its not the same place 10 years before. Thats all that counts. I don’t wanna sensex for that…

    Thank you.

  8. The_Observer says:

    And a recent article in Japan Times saying that corruption in India is holding her back:
    http://search.japantimes.co.jp/cgi-bin/eo20110306a2.html

  9. Ijaz Jabbar says:

    @Observer…The largest English daily in the world is published in India “TIMES OF INDIA”..we know it already..thats wat we call FREEDOM OF DEMOCRACY…its a stage of an evolving country and we r proud it comes out freely…Its better than china or most other countries …lol…I am proud to b still in India..We dont need a Japanese newspaper to say wat India is..

    Thank you

  10. The_Observer says:

    @Ijaz Jabbar
    You’re welcome and are definitely entitled to your opinions. My observation is that with democracies there are some that are better than others. I now live in Australia and most of the Indians here who immigrated here or came over to study would rather stay than return.

  11. Ijaz Jabbar says:

    @ Observer
    Thank you for observing it. One thing you should know people who stay abroad is that all those sent money back to India. I too work abroad. Its a sensible decision when you know you have the skills to go and work abroad and sent back your savings. I don’t see anything wrong with me or all other Indians doing that. May be it re assures we have the potential.

    Thank you

  12. Shivang Joshi says:

    Well China’s growth ll slow down because China is now concentrating on its Internal Consumption of its products rather than majorly relying on its Exports. And at last I do appreciate your facts Ijazbhai now i am feeling more proud as an INDIAN.

  13. Ijaz Jabbar says:

    @Shivang Joshi…U too bro..Thank you

  14. Mark V. says:

    But how will India cope with 1.3 million children prostitutes, god knows how many living in the slums, and like 6 million people without a toilet? Statistics, statistics, what about the people?

  15. Alok says:

    @Mark- the govt is taking a significant step of providing unique identification number to every person, this will help in targeting the real needy people unlike the earlier situation when only a small fraction would reach to the desired people.and yes!! govt is capable enough of doing it.

    @Ijaz Jabbar- you had a nice point there. I see the change around me too. New cases of corruption are coming out just to indicate that it’s hard to hide now!!

    I just have to say that it takes just political will in a country like India to turn the scene around; you see that in Bihar (lowest ranked state in everything that was good) or Gujarat.
    The main focus of Congress should be getting BSP out of power in UP which is having 1/6th of India’s total population. When the state government will be in line with the central one there will be better prospects of development.
    The money is concentrating in the hands of riches which is serious concern too. More investment is required in every part of the nation which can help in massive employment and help in removing disguised unemployment out of agricultural sector. Simply those who can’t earn by farming shouldn’t do it!!
    Tourism is an industry which employs largest number of people in India. Govt should give it a proper look because every million number of tourists brings same number of billion US$ in the economy as revenue.

    Best of luck 🙂

    and I really love China too, despite everything !! ^^

  16. Ijaz Jabbar says:

    @ Mark V

    SO u like to play with statistics, great. I will give you statics of America. Why America? So simple, it supposed to be world’s biggest and richest country. Any other country from Australia to Zimbabwe is ofcourse under US. Some why would anyone complain about India, smart plan huh?

    1) In 2006, the US dept of Justice put out the statics of women being raped in America, 3782..For people who are bad at maths, its every 3 second a women is being raped. How many people know this?

    2)By age 18, a U.S. youth will have seen 16,000 simulated murders and 200,000 acts of violence. – American Psychiatric Association

    3)45 million Americans were living in poverty in 2009

    4)2009 saw the largest single year increase in the U.S. poverty rate since the U.S. government began calculating poverty figures back in 1959

    5)The U.S. poverty rate is now the third worst among the developed nations tracked by the OECD

    6)As of June, the number of Americans on food stamps had set a new all-time record for 19 consecutive months

    7)One out of every six Americans is now being served by at least one government anti-poverty program

    8)More than 50 million Americans are now on Medicaid, the U.S. government health care program designed principally to help the poor

    9)One out of every seven mortgages in the United States was either delinquent or in foreclosure during the first quarter of 2010

    10)Nearly 10 million Americans now receive unemployment insurance, which is almost four times as many as in 2007

    11)28% of all U.S. households have at least one member that is looking for a full-time job

    12)More than 25 percent of all Americans now have a credit score below 599

    13)One out of every five children in the United States is now living in poverty

    14)Since 1970, drug arrests have skyrocketed rising from 320,000 to close to 1.6 million according to the Bureau of Justice Statistics of the U.S. Department of Justice.

    15)African Americans are frequently illegally excluded from criminal jury service according to a June 2010 study released by the Equal Justice Initiative

    India…Hmm..Toilets, poverty and whole lot of other bad things? Is that the India? 15 facts about that and I keep my mouth shut until somebody starts it all over again. I cross my fingers.

    1)India never invaded any country in her last 100000 years of history. Invading is different from defending.

    2)India is the largest democracy in the world, the 7th largest Country in the world

    3)India has the largest number of Post Offices in the world

    4)India was one of the richest countries till the time of British rule in the early 17th Century. Christopher Columbus, attracted by India’s wealth, had come looking for a sea route to India when he discovered America by mistake.

    5)India exports software to 98 countries, the worlds highest

    6)Microsoft has its only office working outside America in India

    7)The world’s 3rd Largest Military (Army+Navy+Airforce+Coastal Guard+Paramilitary+others)

    8)Out of 8 countries which is capable of having indigenous space program. Even UK works with france to get its satellites in orbit

    9)2nd fastest growing economy in the world after China

    10)In 1970 India Imported Food for its citizens. In 2011, India holds a buffer stock of 72 Million Tones. People should get there English right in Malnutrition and Hunger. Pathetic World statics.

    11)India is no longer a developing country, its called Newly industrialized country or NIC. So get your terms right. It includes, China to Malaysia with 9 countries.

    12)India is the member of only 9 countries with its own aircraft carrier. From next year, it will add one more to it

    13) India has the 2nd largest English speaking population in the world after USA

    14)One of the 5 countries with the capability of making its own Military Aircraft.

    15)The 3nd largest middle class citizens in the world after US and China. So much for people saying about poverty line of many people. In 2006, 22 percent of Indians lived under the poverty line. India aims to eradicate poverty by 2020.

    Poor, what will u say in 2020, I look brown and you are white? lol

  17. anurag says:

    @Ijaz Jabbar

    great bro … great info … i hope india grows n grows n grows …

  18. Ijaz Jabbar says:

    @anurag..

    Thank you bro 🙂

  19. Open Mind says:

    It is a great achievement of India indeed and they managed all this without having a dictatorship!
    Chinese have their hands bloodied with blood of their brothers. They killed 45,00,00,000 chinese by starving them in the name of ‘Great Leap’ (google it and learn more) and killed more in the name on ‘Cultural revolution’ and not to mention they rolled tanks over their young unarmed protesters!
    India may be lagging behind right now but it is the more humane of the two and its people have all human rights and freedoms while Chinese have absolutely no human rights, no open courts (they are under party control meaning politicians control courts!), and no freedom.
    Go India we wish you best. Go and show them how it is done!

  20. AC says:

    Great information……thnx…Izaj bhai.

  21. Ijaz Jabbar says:

    @ AC…

    All ways for us..A united country bro…

    Thanks for reading it..:)

  22. cecil.x says:

    It true india will overtake china as world fastest developing country by 2015, it show in website pls check it

  23. KL says:

    it will. it suerly will.
    greetings from
    India-Kerala

  24. Nilay Veera says:

    @Ijazbhai
    great piece of information, thanx alot.

  25. Chris Devonshire-Ellis says:

    I think we can bring the prediction forward and state that India’s GDP growth is now already ahead of China’s from most of 2011. – Chris

  26. ashish jaiswal says:

    nice jabbar…how do u have such large info..abut country of ours n others great broooo

  27. Ijaz Jabbar says:

    @ashish jaiswal
    @Nilay Veera

    Thank you guys…I owe you both….:)

  28. Thanks a lot nd i hope that india will increase his gdp rate

  29. Chris Devonshire-Ellis says:

    My gut feeling is India overtook China earlier this year (2011). Theres too much manipulation in China figures and too much unwanted construction just for the sake of hitting GDP targets. In India, it is what it is, and is more real for it. – Chris

  30. visu says:

    And also i m adding few more points
    *china open its market in 1980 but india opens at 1992
    *chineese concentrated on manufacturing sector but india not like in electronic field.
    *but time has been changed because in indian 12th- 5year plan they concentrated on manufacturing sector.
    *because it has a huge low wage labour.
    *symbolically india had introduced nano car,akash tablet ,c-dac hearing aid which cheaper ana beter than any other in the world and also basically this got a better market in all around the world.

  31. Chinese says:

    So it’s 2012 now, too bad about 2011. I would say better luck this year. The funny thing is china is trying to slow down and cool it’s economy but India still can’t catch up. Lol

  32. Ijaz Jabbar says:

    @Chinese…

    Ops, sorry for the late reply…I was on my road to improve my countries GDP…

    For u, the answer to the question is pretty simple….

    More than half a dozen of the worlds rating and institutional firms have said that the GDP of china is not as such believable because the countries ruling party tends to add my numbers to make up the target….Adding, it was proven almost years back when the different states/provinces in china released their individual GDP growth and it didnt match up with the total GDP of the whole China realsed by the Chinese central government….So wat Chinese govt. does, well its simple… BANNED ALL PROVINCES FROM RELEASING INDIVIDUAL FIGURES…so that they could cover up in background that numbers before showing up to the world…

    Pathetic !!!

  33. Shane says:

    @Chris Devonshire-Ellis

    Unfortunately for Indian apologist everywhere, it doesn’t look like 2012 will be India’s moment of glory! A failed state and a shame democracy India will still be! Davos…which India was once a darling of has now moved on. Too many India Shining stories have proven to be nothing more than a marketing gimmick! Too bad so sad! India’s FDI has drastically dropped due to investors wary of India Hype…especially after the CWG’s fiasco exposing India’s flaws to the world! The only way India will get the money it needs now to develop is to get back the corrupt money laundered in the Swiss Banks!

  34. Ijaz Jabbar says:

    @Shane…

    I would have loved to join u if u put this comment on September, or even December

    The story has changed darling….Here is the present story

    China declared its growth is slowing and revised its growth from double digits to 8%…2 % cut….mind u

    India said the same thing and it said the EU was the main reason and reduced its 8 %. Most agencies said, indias GDP will be not even be 7%. But a few days back, indias GDP for the year came out at 7.1%….how much is it for 8%, lets see not even a 1%….Indian markets have been heavily undervalued throughout 2011…even economist in india why it was…from Jan, foreign investors came back …India collected more FDI in 2 months time than any asian country in %….that pulled back indias GDP and the sensex still is going up….people say this BULL trade is just the starting….

    Democracy failed? well for that I have to know which bloody country u r from first…..bailing out whole of US institutions and taking tax payers money to OCCUPY WALL STREET are all examples how fine democracy works in the world….so who in the world r u to complain on india????

  35. Yogesh says:

    @Ijaz Jabbar :
    nice job dude, really india is growing, china and america are fearing to accept the fact,,,,We should agree with the fact that 36% of scientists at NASA are Indians.as many as 12% scientists and 38% doctors in the US are Indians, and in NASA, 36% or almost 4 out of 10 scientists are Indians.
    Indian scientific and corporate prowess, digest this: 34% employees at Microsoft, 28% at IBM, 17% at Intel and 13% at Xerox are Indians.
    (Source-times of india)

    I dont know wher these chinese know? only bordercrossing and tailgating i guess :p

    And the House of Elders also heard some startling facts about a country that’s still stuck with a Third World tag — 20% of gold in the world is used by Indians and nine out of 10 diamonds used in the world are made in India.

  36. Proud to be a indian says:

    @Ijaz Jabbar, wel done yaar….
    hey @chinese accept the fact that you people dont know anything except bordercrossing and tailgating., and you americans stop speaking about indian economy, first try to save yourself from another recession..

  37. Sorachart says:

    @yogesh
    Hi dude, if what you said is true. Tell your 36% of scientists from Nasa to go home. Nasa will collapse. ISRO will go to the moon before China for sure. One question remains why are they not going back to help thier country space program. Something is not right.

  38. American Star says:

    @Sorachart, Hey dont comment on NASA or ISRO ok, u chinese only know to produce fake electronic products, You people live in B.C’s i guess, U people dont like any nation, first stop copying the technologies from other countries, For example, when laden died, chinese went there to do research on the remains of the helicopter :p., instead of that u chinese would have begged directly with us…. I agree with one thing, Chinese are really great! (in producing fake electronic products for cheap prices)

  39. Sorachart says:

    @American Star

    I will you why your 36% of scientists in Nasa do not want to go home because ISRO is corrupt and mismanaged and good at producing excuses, but not results. By the way I am an American living in Pasadena near JPL.

  40. American Star says:

    @Sorachart,
    So do i live in Louisville, that doesn’t mean you can say, all America does is correct? if America had talent then why would they get a opportunity here, Companies invest so much money on them, i work in MS, There are few Indian guys working with me, I wonder how fast these guys are, U cant imagine also how good their codes will be, Those guys are IIT pass outs, and the sad thing is there is no such institution in all America which can provide such a class of education to students. U said isro is corrupt right, but they have more intelligent scientists then we have, From years of research, NASA wouldn’t be able to discover few things that ISRO has done. And one more thing, if u oppose Indians to be in America, then what the hell we are doing in afghan and Iraq??? World has watched footage’s of, what soldiers do with innocent people through wiki leaks. Instead of blaming someone, lets correct ourselves…Indians have done so much for our country, and our people, We always hate Indians, Russians,Japanese,Germans. We hate almost all, but those countries are better than us in many facts. The way japan recovers from volcanoes and tsunami and recover from nuclear incidents, we cant even recover from tornadoes. The way German have developed their country after world war, no one can think of it. The way Russians have made progress, both in defense and economy is just mind blowing. The way India has become after getting independence, and now Indians booming all over is just a great achievement. Just think for a second, If we Americans or those copy’s(Chinese) would be in situations those countries have overcome, then America or china would be the most underdeveloped country in the world!!!!. I feel proud to be American, but feel bad that in 2012 also i am living with people who have a mind set of a Arab king!. I hate china because, though they don’t know to invent anything, they have good population of people who can sit and start copying what all other countries have done.!!

  41. Sorachart says:

    Oh man! you are full of contradictions. If we hate Indian, why are we welcoming you to work and live in our country. You said “I feel proud to be an American” but you are bitching about it. I respect Indian accommplishments but insulting and trashing other nation’s achievements is uncalled for.
    Please let me educate you. The 4 greatest inventions of mankind are by Chinese:-
    1. Compass
    2. Paper making
    3. Printing
    4. Gun powder
    China today is the top research centers in these fields:
    1. Leukemia
    2. Spinal cord injury
    3. Prostate cancer

  42. American Star says:

    @Sorachart:
    Educate me!! ok, let me clear what all you have said first?
    You said that,
    The 4 greatest inventions of mankind are by Chinese:-

    1. Compass::::

    But the fact is history of the compass often points to 2nd century BC China as its place of origin. However there are researchers who say the “Olmecs” were using a compass around 1000 BC. However, the authenticity of this finding has yet to be fully verified. Till now there is no proof that Chinese have invented that. If you have any documentational or pictographic proof then you can submit. Let the whole world see.

    2. Paper making::

    Ts’ai Lun, 2,000 years ago, has made paper, and it will become one of
    the most important inventions ever.
    Even though archaeological evidence shows that paper may have been
    made even a little earlier, Ts’ai Lun was the first to have his
    efforts recorded.
    The word “paper” is derived from the word “papyrus,” which was a
    plant found in Egypt along the lower Nile River. About 5,000 years
    ago, Egyptians created “sheets” of papyrus by harvesting, peeling and
    slicing the plant into strips. The strips were then layered, pounded
    together and smoothed to make a flat, uniform sheet.Thanks for the Arabs who really shared it with the world and thanks for Europeans who made it improve, Thanks for Chinese to copy a plant from Egypt!!….lol
    Anyways documentation tells that you Chinese have invented it, No comments!!!:p
    If you have doubts then you can Google it out. I think you people will start to tel Google also we have invented,http://wiki.answers.com/Q/What_country_did_Google_originate_in !!! dude you have already answered for that!!!

    3. Printing::
    Hemp is used for printing.
    But first a bit of history. Hemp fiber has been discovered in archeological sights all over the world. One of the oldest archaeological relics in existence is a piece of hemp cloth from the Mesopotamia area.(2) The printing of the first book, Dharani, a collection of prayers from ancient China was made entirely from hemp.(2) Gutenberg bible was printed on hemp, as were many other major printings of the bible.American’s were encouraged to grow hemp to support both the WWI and WWII war efforts, known as the “Hemp for Victory” campaign.
    K let me now come to that Dharani prayers of Chinese, you all should know why i call these Chinese always as copy cats, here is the best example of what their ancestors did,
    The Uṣṇīṣa Vijaya Dhāraṇī Sūtra (Sanskrit; traditional Chinese: 佛頂尊勝陀羅尼經; simplified Chinese: 佛顶尊胜陀罗尼经; pinyin: fódǐng zūnshèng tuóluóní jīng, Japanese: 佛頂尊勝陀羅尼 Buccho Sonsho Darani Kyo) is a Mahāyāna sūtra from India. An alternate longer Sanskrit title is Sarvadurgatipariśodhana Uṣṇīṣa Vijaya Dhāraṇī Sūtra.
    ;;;The sūtra was translated a total of eight times from Sanskrit to Chinese between 679 CE and 988 CE.[2;;;
    If you Chinese again don’t trust me, you can visit-
    http://en.wikipedia.org/wiki/Usnisa_Vijaya_Dharani_Sutra
    Oh now lets stop this and come to another copy inventions of chinese,

    4. Gun powder::

    Before china using this gun powder. Greek fire were used by Byzantine. Greek fire was an incendiary weapon used by the Byzantine Empire. The Byzantines typically used it in naval battles to great effect as it could continue burning while floating on water.,
    The Chinese are often credited with the invention of gunpowder but the first certain reference is by Roger Bacon in 1248. Certainly the Chinese were using an extremely wide variety of incendiary weapons since the 10th century but these were psychological not physical weapons. Fire, smoke, flashes, bangs and primitive rockets were all used by the Chinese armies, but firearms which require an explosive (not incendiary) reaction, were seen first in Europe.Because of a statement by Roger Bacon about “gunpowder, printing and the compass” being the most important world shaping instruments c13th century, it’s become popular to say the Chinese invented them all.Bacon didn’t claim to discover it. He refers to others knowing it prior to him. That would put a European discovery at around 1225-1248 with actual firearms maybe coming around 1270-1330. Although the earliest records of firearms are European, the Arabs and the Chinese have references from as early as the 1330’s. If the Bacon theory is correct the most likely place for the discovery would have been Spain.
    Dude enjoying! wait there is some more to come!

    You said that,

    China today is the top research centers in these fields:

    1. Leukemia::::

    OK let me clear this also,First let me tel others what it is before i clear the doubts.
    The word Leukemia comes from the Greek leukos which means “white” and aima which means “blood”. It is cancer of the blood or bone marrow .
    The ancient Greeks are credited with being the first to recognize cancer some time in the 4th or 5th century.Leukemia was not officially diagnosed until 1845, when John Hughes Benett diagnosed it in Edinburgh (Greaves, 2000).
    Top 3 Hospitals For Cancer Treatment::::

    University of Texas, M. D. Anderson Cancer Center, Houston
    Memorial Sloan-Ketterling, New York
    Memorial Sloan-Ketterling, New York.

    Top 1 country for Leukemia Treatment::::
    The WHO ranks the U.S. No. 1 of 191 countries for “responsiveness to the needs and choices of the individual patient.”eight of the top 10 medical advances in the past 20 years were developed or had roots in the U.S.
    The Nobel Prizes in medicine and physiology have been awarded to more Americans than to researchers in all other countries combined. Eight of the 10 top-selling drugs in the world were developed by U.S. companies. The U.S. has some of the highest breast, colon and prostate cancer survival rates in the world. And our country ranks first or second in the world in kidney transplants, liver transplants, heart transplants, total knee replacements, coronary artery bypass, and per-cutaneous coronary interventions.

    2. Spinal cord injury::::

    Spinal cord injury (SCI) is a devastating neurological injury, resulting in varying degrees of paralysis, sensory loss and sphincter disturbance.It was labeled as “an ailment not to be treated” in the Edwin Smith papyrus 5000 years ago (Feldman and Goodrich 1999)top research happened til date is, Researchers from the Jichi Medical University School of Medicine and the University of Tokyo’s Graduate School of Medicine found that FTY720, also known as Gilenya, helped mice with spinal cord injuries (SCIs) recover some motor function when they were given the drug immediately after the injuries.
    Top hospital for spinal cord injury treatment is Rehabilitation Institute of Chicago, IL and its score is 81.8, china researches has success rate of 38.6%.

    3. Prostate cancer

    Top most researches happened til date on prostate cancer are as follows,
    * Medical researchers in the UK say a new drug could help men with a deadly form of prostate cancer manage the disease. The researchers from the Institute of Cancer Research say tests of the drug Abiraterone show 80 per cent of men with an aggressive form of the cancer, who hadn’t responded to previous treatment, improved after taking the drug.
    *WASHINGTON (Reuter) – U.S. and Swedish researchers have found the first proof that prostate cancer runs in families, locating a gene that increases the likelihood of developing the disease.

    Best treatment providing Hospital in the world- Dharamshila Hospital, Delhi India.

    Brother i think you got what happens if you just take your countries achievements through internet. World is not made by Chinese or some other one. It is made so by all. We should accept the facts. I don’t want to tel more about this, You wanted to educate me right, I think i gave you a doctorate level of education. But one request for you Chinese here is, don’t try to copy this also.
    I really scold a lot about china, but i wanna tel thanks to many countries also here, For Greek for providing a rich culture to the world.
    America for giving the technology, we all are using.
    Japan for giving the moral for all countries, how to overcome situations.
    Germans for giving us the engineering we all are proud of.
    Russians for modernization of defense and scientific technology.
    Egypt for giving us the chance to see what our elders have done
    and India for giving us Sanskrit, only language in the world which has unto 99,3 percent perfection, yoga to keep us healthy and your brilliant citizens, who are working all over the world spreading knowledge.
    And thanks for Chinese for teaching the world how to copy other countries technologies, how to border cross, and conquer helpless countries like Tibet, and teach the world that, there is a country which is still mentally poor and pretending to be physically powerful.

    Thanks all,
    Proud to be a American star.

  43. Arif says:

    Very good information @American Star, Thanks for “educating” @Sorachart….:p.

  44. leon says:

    It’s always funny watching Indians jumping around claiming how great India would be in their future. As an ordinary Chinese, I have no doubt about it . In China, there’s a common belief, that history is all Korean’s, and future belongs to Indians.

  45. Chetsang says:

    @leon:Hey don’t create your own dialogs OK, use all those in your half graphical KungFu movies :p. I was living in china for 5 years and now am with my family back in India. India has provided us shelter a long back. We Tibetans are really thankful to all Indians. After coming to India i got to know what India is. I tell you all frankly, I feel pity about Chinese there… They are like slaves for the leaders there.. In India you are free to express your feelings and free to elect leaders of your wish, but china is a slavery nation. There are few’s parts in china, which doesn’t have proper roads also. But they showoff much. U said as “an Ordinary Chinese”. Sorry bro, next time pray for god, so that in next birth you might get a birth in India so that you will change your comment,”As a extraordinary Indian”.

  46. @Gill says:

    lol…………………Funny Chinese…, they are just like the products they manufacture…

  47. Sorachart says:

    @American Star
    What do you think about this article? http://in.mobile.reuters.com/article/businessNews/idINDEE83P0IT20120427

  48. Brijesh Ray says:

    stop blaming CHINA.China deserves to get the applaud,as its economy is rising as the world largest but India has a long way to go to match China’s economy.India ,unlike china,has corruption,many more illiteracy,unemployment,infrastructure…etc which Indiaa has to take care of immediately.

  49. Robert says:

    India is now smiling on its way to surpass china in GDP. A real joke again. They like to enjoy themselves in all their history. A real hard job.

  50. Chinese says:

    what is the deal?

    India has your own history and cultrue,China has our own,why keep fighting?

    Inida is better than china in buying weapons which we are really envy of.

    China can’t do that,we have to build our own high tech and warships,which really cost a lot of money.

    first of all,China’s GDP is slowdown to 7.7% 2013. India is slowdown to 4-5% 2013,both are has problems,ok?

    The thing is,is focus on each one’s country, china will launch shanghai as free zone area as same as HK. is the sign to tell,China need change,need more freedom,we are focus on our own country,as currecy is need stable,as need more GDP growth;

    India is nice country,but why all of yu is keep insulting chinese? did we do something wrong?we has a lof problems need to handle,don’t have time to paly the GDP game with India!!!!

    and we don’t insulting indians,we think india will surpass china in future,if you really this,ok,WOW,india’s GDP is 4 time bigger than china,india will get on moon first,india has DF 41 wich would take 3 milloin nuckes which could hit USA,are you happy?

    would you indians leave us alone.we chinese don’t want to pay same level as indias,which so obsess with gaint niebour and show the fking hate everyday!

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