How India Can Win China's Growth Crown 

Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: www.bloomberg.com/subscriptions?in_source=RU-vidOriginals

Dear Bloomberg Please change clipings of India of Today. Don't use 40 years old clipings. It shows your perception of India. Do get it right first.

Footage showed are about 8-10 years old in these video

Britain killed 4 million Indians in Bengal in 1943 by imposing a famine

Why the clips are of 20 years old?

How India Can Win China's Growth Crown < translate into "the U.S want a strong India to weak China".

I think most of western media house is really missing to understand...India is not comparing itself against China or any other country. Rather, its self focused...Its really want to improve years on year, its own version 😊

Desperation can be seen from the old archived footages that are shown

"An economy awakes: Slowly but steadily, India will overtake China" - New York Times on May 7, 2004

All superpower nations in this world will be congratulated by US with countless sanctions, if India yet to receive one, mean it is still not up to that standard. Simple as that.

I am a pro-India, but honestly to say, China is 50 Years ahead of India, I am an importer of products from China to Europe and really to say the Chinese are unbeatable doing business with them, India needs to learn from them doing things, India needs to invest heavily in higher education system.

really happy to see so many indian friends realized what western medias want to do.

According to Kungfu Panda movies, tiger has no chance winning against panda? 😅😅😅

Did you guys notice that all the talk is about "rate" but the reality is, China is 6 times bigger than India in term of GDP. So China's 5% growth DWARF the 7% growth in India by a huge margin. So China's absolute size will continue eclipsing that of India for DECADES to come. And within 20 years, AI Robotics will render any human population advantage irrelevant in manufacturing production.

Hinduism has brought great self confidence to Indians. We will rise on our own terms.

Showing Indian economy growing Started showing 12 year old video India going to be a 4 trillion economy soon isn't there a single 10+ floor apartment

The biggest investment need and opportunity in India is setting up elite universities and train young and hungry talent and lower costs than west. Create high quality assets!

Industries India can build for her own people : 1.Aircraft ( defense and commercial) 2.Server Infrastructure including Chips 3.Lithium Battery 4.Heavy Machinary Also scope for New Sports , FilmIndustries

That entire section on workforce was a contradiction. You point out China's workforce is aging and they've got their women working jobs then you praise India's younger population while criticising their lack of women in the workforce, while recommending putting them to work to raise GDP. You can't have your cake and eat it too, either you put the female population into the labour force and see an immediate rise in GDP followed by slow population and economic decline or you leave them out of the workforce and higher education and maintain birth rates. How many times does this lesson need to be learned?

It is politically correct to belittle China and enlarge india nowadays, it seems… time will tell.😊

We could have a higher rate of growth than China but China is already very far ahead so it would take a lot of time to catch up and that's assuming that China will never experience some decent pace of growth again. So India has VERY long to go.

The IMF forecasts India's economic growth to be 6.5% this year and China's to be 4.6%, but according to IMF 2023, China's GDP was 17.70 trillion, while India's was only 3.73 trillion. It only takes simple math to figure out that China's economy is still much much bigger than India's.

To Bloomberg, keep hoping for the impossible; Endia could never catch up, surpass, or replace China. No matter how many lies you keep telling, it is an impossibility.

I doubt it. I worked with Indians and I know their work ethics and handling money, stark difference vs the Chinese. Chinese people are like Japanese workers, only that they are 1.4 Billion strong. If India's GDP going to beat China is to have a real estate and infrastructure bubble in India while China fixes/deflates real estate.

India brag too much, do little. India is not even within China’s radar. 😂

Easy. Indians just need to talk itself into victory. And China will surrender to the awesomeness of Indian talking.

I think footages in the start of video are 10-12 years old may be the they have taken the footages of poorest state of India so don't blindly believe that whole india is like this

I highly doubt India can overtake China. We invested and worked with both Indians and Chinese for the last 2 decades. India is no where close to the level of China's ease of doing business, speed, work ethics, supply chain, work skill, pragmatism, professionalism, teamwork and adaptability. The Chinese have same gung-ho qualities of the Japanese and Koreans. This projection is absolutely ridiculous.

lndia is known as the cemetery of foreign firms. 2783 foreign companies shut India operations since 2014. These include Metro AG, Holcim, Ford, General Motors, Royal Bank of Scotland, Citibank, Harley-Davidson, Huawei, among others.

India's infrastructure looks still that of 1950s ,no urban planned cities ,no innovative skills ,etc need to do more.

1:30 ‘growing just a bit faster is all it needs to surpass China’. In 2023, China’s economy was $17.52 versus India $3.73 trillion, a gap of $13.79 trillion. With a 5% growth in 2024, China’s economy would be $18.4 trillion, versus 7.2% growth, India’s economy would reach about $4 trillion. The gap would widen to $14.4 trillion, despite India’s larger growth rate. In order to maintain the gap (let alone catching up), India would have to achieve a 23% growth rate every year. Sounds like India would have to ‘grow A LOT faster if it needs to surpass China’ in the next half a century.

Go India!

India should focus majorly in ship manufacturing as well ,huge opportunity exists and once in past also Indian shipping industry was very advanced . Places around Mumbai like Dahanu, Diu, Ratnagiri can become hubs so also east coast of India

I don't see how you can talk about India without visiting the country and meeting the people, understanding their mentality. It will not work, the cultural baggage will bring it all down.

India will be the NO.1 country in the world in the near future,congrats from china.❤IN🐶

Looking back at history, it's clear that financial markets have their patterns. Artur Grandi's book lays out a practical strategy for stabilizing investments and points out promising areas for investment, including cryptocurrencies.

Let’s say the projection is correct that by decade end, India’s GDP would be $7T+, China would be close or exceed GDP of US. China will then leave US further behind. Then the competition is not between US and Chia, rather between US and India for the second place. India’s geopolitical advantage that it enjoys now will gradually become geo-competition. Let’s see then.

不用在这长篇大论了，总结起来就是一句话:米国印度化，印度神仙化。拥有印度这位神仙队友是米国最大的福分，中国很明显是高攀不起的。

before 10-20 years, china growth rate 8-12%, india growth rate is very slow

High tech has tried moving to India and they gave up early ;)

Most of the manufacturing that moved out of China went to Vietnam, Mexico, and Thailand. Very few have come to India. We should look into why they didn't come to India and take remedial measures.

मैं भारत से हु और आप सबको अपने अनुभव से बता सकता हूं की चीन से आगे निकलने में भारत को 100 साल लग जाएंगे। और आज चीन जिस स्थिति में हर एक क्षेत्र में , वहा तक भारत को पहुंचने में कम से कम 40 साल लग जायेंगे। 😊

Its late for India as its over populated and no one if controlling the same. Infrastructure basically non existent. No footpaths, No zebra crossings, No Water, No drianage systems, Everywhere some construction goes on for the sake of corruption, unplanned houses, irregular streets many more.

If India is so important to the US, why don't Yellen visit India.

I believe India has already won the growth crown, albeit population-wise. 😂

Whatever ... ask a young Indian to visit Mumbai / New Dehli and then Shanghai/Beijing ...... ask them which environment they would like to live in ... family and romantic notions aside... very few would say India is leading anything.... growth on its own is a poor measure of a country's success .

It is not how smart one or two are, it's how a people can organise themselves. In China, the saying is always, we organise ourselves to do big things. Countries that prioritise the selves will never understand this principle.

The best editing ever done to any video ... I don't understand why i loving this. Learn something new

Thankyou!

🇨🇳 : economic super power 🇮🇳 : population super power

always and endless friendship with beautiful china... from rising power india!

If you want to talk dreams, chat with the Indians. If you want things done, talk to the Chinese.

1:45 This chart doesn’t make sense. The value of the entire world economy is about $88 trillion, with India’s economy valued at about $4 trillion. World GDP growth was about 2.9% in 2023 or or about $2.6 trillion. India’s growth was about $0.26 trillion or 10% of the world’s economic growth. The chart the show India overtaking China is even more ridiculous. How on earth is India going to overtake China with an additional 1% growth, when China’s economy is currently 4 times as big. Despite the faster growth, the gap between India and China’s economy widens every year.

There is no doubt that India will become the most powerful country in this century. With the largest population, the smartest young people, a large Indian-American elite, and a respected leader, Modi, India has all the conditions to become a superpower. Respect from China.

The only criterion for judging whether India's economic rise is whether the United States and the European Union have begun to impose sanctions on India, including industrial economy and finance. If there is no India, it can continue to dream.

If the Indian economy is booming, why so many Indians immigrate to Canada, Europe and USA (and even in Africa) where the cost of living is very high and there are limited job opportunities? Would they be better off staying in India and enjoying the so-called Indian miracle?

Population is not an asset to India unless India have a budget for their education.

People who says china is very easy for business they should know Chinese government funding money lots of businesses indirectly .

India can win the growth crown from China but not will be able to overtake Chinese GDP number in the next 50 year.

These old footage reminds me of my childhood. Playing nes games, going out with friends to play, eating icecream, golgappa

Indian market don't compare with anyone bcz it's unique

The thing that's Holding back India is "Democracy",Where Every single person in every single slum or Poorly planned area should give a 'Go-Ahead' for Redevelopment, Hence Top-20% is Booming and the remaining 80% is Not so much

Easy. Just replace Indian government with the Chinese government. Otherwise, don't worry about it

First sentence is wrong ,india gonna grow 7.5to8 percent..... . . It shows how much effort you took to make this video.

My country india is suffering from a dangerous problem, concentration of wealth to 15-20 people, out of total wealth 90 percent of wealth is distributed in 4 percent population and 10 percent is distributed in 90-95 percent of population.

India is going to experience what China is experiencing in terms of population decline in the 2060s. I'm calling it now.

There is only one feadible way to avhieve that: have a drink, and have a dream.

what I am observing is not China is more closed for foreign businesses but it's American and its allies are delibrately walking away from China due to afraid of competition with the Chinese companies. Take semiconductor and EV industry for example, it's the American authorities are gearing up its peddal to block China from accessing highly advanced chip marking equipments and in most cases Europeans and Japanese tech cooperates have to follow the trade restrictions issued by American governments or will be facing consequences, which, of course against their own company interests. Another solid industry that Americans are feared of Chinese competition is EV sector, which was even made it clearer by Elon Musk's comments about globale EV industry in which he basically predicting that there will be 9 out of top 10 EV carmakers from China and Tesla will be the only one make it Top 10. That's why we are seeing Americans and Europeans authorities are gearing up its fire on Chinese made EVs and imposing increasingly more and more trade tariffs and trade barriers to protect its domestic carmakers which at the expense of our ordinary consumers increased prices and limited options. What I firmly believe is trade make us all better off, it's the politicians messed up everything. More trade and exchanges among countries promote better understanding of each other, however, that's not what some politicans would like to ses.

India cannot win China's growth- next question.

I will pick 'made in china' anyday over india😂. Just look at iphone

Chinese people are most hardworking and nich people like Indians. Namaste China 🙏

"India didn't start to liberalize its economy till the 90s and it's been a slow climb since". What did you expect when you liberalize?

Chinese growth was accompanied by job growth. India have a jobless growth. With 8% unemployment rate in February and 83% youth unemployment as per ILO. I can never think India can grow without jobs. According to world bank we have missed the chance you use our demographic dividend. Bitter but true

Modi govt need to push more for jobs, bringing Tesla Apple will not solely create jobs, govt should create an ecosystem for supporting homegrown startups and MSMEs. Bottom-up approach is more efficient I guess.

TOILETS....TOILETS...FOODS.....🤣🤣HUNGERINDEX111

India isn't going anywhere with that archaic caste system.

why comparing with India, to insult China? lol

Build Enough TOILETS FIRST !!!😂😂😂

when China had the same GDP size of current india 20 years ago, chinese GDP growth was 15%, 3 timed faster than india.

It will be difficult for India to develop until it gets rid of a large amount of talent and wealth being plundered by Western countries(uk & us)

Analysis should be longer and more in depth rather than just 7 minutes. That being said, i really like Bloomberg originals.thanks

印度和巴西是两个看起来很大，但是营商很难的发展中市场，本地市场的环境差到已经无法简单的用法理解释。

Only if we see clean water and toilets provided for the poor while cows are not blocking the trade route, then maybe theres a chance

0:17 3.5 Trillion GDP now, and 10% rate for the next 7 years, you are at 6.8 T by 2030. So hard for India to reach 7 T. But hey, over promising is national trait.

Too much time talking about China and the background. Get straight to the obstacles please.

But China’s growth is stumbling , according to Bloomberg, so is USA booming , at 21/2%

INDIA MENTIONED!!!! 🔥🔥🔥‼‼‼🗣🗣🗣🗣

The problem is that India focus on service industry than manufacturing. Also there's no government support on infrastructure for manufacturing to take off

I've noticed a trend in any video essays about India's economy where the audience tends to focus on peripheral issues like incorrect maps or outdated footage instead of addressing the most urgent topic: poverty.

India economy is booming.

Population is liability in India... Unemployment is all time high

Energy, energy, energy....

And still, India is a democracy. That's key.

Just talking about the growth percentage, but not tha about the different base. Where is Bloomberg's maths? China GDP is 5X that of India. China grows at 5%, does India grows at 25% a year?

We don't want to compare with China.....We just want to develope.....😢

As a Sri Lankan, I'm thrilled but jealous by India's progress , but I question the idea of changing farmers to factory workers. Personally, I'd prefer working in the fields over being confined to a factory for the sake of my health.

Im 24 y/o graduate from bhopal still unemployed not only me but my friends as well we can't even find a 10k monthly salary job we don't know how will we survive in the future 😔

India needs to take over GM to make it a Superpower. Or Ford. As it did with Rand Rover, the crown of GB’s auto industry. Looking forward😂

Yeah right

One thing you guys need to understand NATO wants India to win this economic growth race. No, needs India to win. Because all of the rest "Big" economies, Russia, China, Brazil...etc. Are not friendly with the West. They always like to tout India is the fastest growing economy with 8% growth. But here is what they don't tell you, it's only comparable to the pandemic rates, because all of those businesses that shut down during COVID, reopened. That's it. There is literally 0% growth if you only talk into account new growth. And it is not me saying this, check out any well known economic academic in India. The only people in India who are talking about this 8% growth, are people who work in the BJP government. And, I dont need to explain why that is.And furthermore all of that growth is to the top 0.001%. Talk to anyone blue collar worker in India, they will tell you how horrible sleeping on the streets is. But do your own research.