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India manufacturing hits over 4-year low as China's rises

beijingwalker

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India manufacturing hits over 4-year low as China's rises
Published September 02, 2013
[NEW DELHI] India's manufacturing shrank for the first time in over four years in August, dealing a fresh blow to efforts to boost a slumping currency, figures showed Monday, as rival China's factory activity rose.

The India Purchasing Managers' Index (PMI), which gives a snapshot of manufacturing health from output to jobs, tumbled to an unexpected low of 48.5 in August from 51.1 in July, led by a slump in new orders.

The index from HSBC is seen as a leading signal of economic momentum. A reading over 50 spells expansion of activity while one below 50 suggests contraction.

The data comes amid fears India's once-booming economy could be on the cusp of a full-blown crisis.
 
The data is just for August 2013 . So no problem .
 
Fudged stats from china makes it very difficult to know the " real" Chinese claims
- China Is a Black Box of Misinformation - Bloomberg
it doesnt matter as all world knows our datas are fake since many years ago.but there are always some idiots who contribute our FDI,very interesting isn't it?some wise Indians say our real GDP is only 30-40% of we claimed,i think their discovery deserve Nobel prize.
 
Chinese vociferously claim India is nowhere near China but never miss an opportunity to compare India & China. Contradictory !
 
Fudged stats from china makes it very difficult to know the " real" Chinese claims
- China Is a Black Box of Misinformation - Bloomberg

Just visit China and you would see the difference with India. In China, magnificent shining infrastructure, buiness and night life every where, from Guangzhou to Shenzhen and Shanghai. 10 times more vibrant and dynamic than Bukit Bingtang in Kuala Lumpur and Sukhumvit in Bangkok. On the other hand just visit Delhi. Small dirty buildings, poor and sub standard nightlife, people defea..ting and uri..ting everywhere, vultures and crows everywhere, shopping mall scattered in long distances, hell compared to paradise China, the country for shopping, restos, karaoke, entertainment, wholelsale shopping etc. For India, its only in Bollywood but not in reality. That's the difference with China.
 
All people, ______ they are old or young, rich or poor, have been trying their best to help those in need since the disaster. A. even if B. whether C. no matter D. however

which answer is right?
 
Summaries your insecurities very well.:lol:

You are far ahead in race, don't turn back to look for us or we may overtake you.

They are just mining themselves out .... already.

The "manufacturing" includes "mining" ... just as Saudi Arabia has 66% of its GDP contributed by manufacturing. Guess what Saudi arabia manufactures ?
 
Summaries your insecurities very well.:lol:

You are far ahead in race, don't turn back to look for us or we may overtake you.

Indian IQ logic, when we're ahead in the race and we still need to feel insecure? We use India as benchmark and comparaition in order not to repeat what India's mistakes such as the mighty slums.
 

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