>On May 5, 1:26 am, RichAsianKid hotmail.com> wrote:

>> On May 4, 11:10 pm, PaPaPeng yahoo.com> wrote:

>

>> This post, this article, is almost disingenuous knowing where
>> PaPaPeng's loyalties lie, but let's get some facts straight, if
>> RichAsianKid would take the bait (perhaps that's the real intent of
>> this post?) ever so masochistically (shut up!) and repost old old old
>> very old counter-evidence (never mind if PaPaPeng cunningly plays
>> hidden dragon or whatever):

>

>> http://i14.tinypic.com/5yv4x1u.jpg

>
>
>But the graph stops at 2002 !!
>
>By then, India may (keyword, MAY) have quicken its pace.
>
>Part of my investment are in India, in the field of embedded
>programming, and I can tell you that in electronic fields, India has
>surpassed China by a wide margin. My investment in China are not in
>developing, rather, in production.
>
>If the development is crucial, I'll place them in USA and Japan. But
>if I'm in a rush, and I need to start something yesterday, India has a
>lot to offer me.
>
>China has the capacity too, but they can't act as fast as their
>counterpart in India. Trust me in this.

>
>

>> Notice how China is surging way ahead of India *even after* 1991 when
>> India supposedly opened its markets. That is a very important point
>> and people often don't realize that. Yeah, the market matters, and
>> yeah oh sure too just ignore the role of human capital. Sure sure
>> sure go argue with numbers. If you don't like them, they're fudged or
>> forged and they disappear. If the numbers are what I don't like they
>> go away. But again, I don't quite see narrowing or convergence of the
>> two giga-economies here in spite of all the conditions favoring India.
>>
>> Now here's another data point:
>>
>> http://in.rediff.com/money/2005/sep/27china.htm
>>
>> I quote:
>>
>> "Even more remarkable, the increase in China's merchandise exports in
>> each of the last three years was greater than total Indian exports for
>> that year! At a more qualitative level, you have only to compare the
>> hundreds of cranes deployed in adding to the thousands of gleaming
>> skyscrapers in Shanghai with the handful dotting Mumbai's skyline.
>>
>> "During the last five years while we have debated the new Bangalore
>> airport, China has built quite a few new ones! Finally, how can we
>> hope to close the economic gap with China when almost every second
>> Indian child is malnourished?
>>
>> "Let me put this bluntly: as an economy, we are simply not in China's
>> league."
>>
>> And that's coming from the horse's mouth, from the Honorary Professor
>> at Icrier and former Chief Economic Adviser to the Government of
>> India.

>
>
>If you read my reply above, you'll see that I have my production in
>China, development in India. Many others are doing that as well.
>Result? China's export are made of tangible things --- boxes of goods.
>While India's export are mostly Ideas, IP (Intellectual Properties),
>talents, and experience they've gained from many world class R&D
>programs.
>
>

>> Guess you can say that's some virtue of humility, perhaps, well,
>> socially conditioned. (I'm not trying to be mean)
>>
>> So is there hope for the future? Well, here's what psychometrics tells
>> us.
>>
>> http://www.vdare.com/images/042306_ss_pic2.jpg

>
>
>Please do not confuse yourself.
>
>What propels a nation forward is not the "average" IQ, rather, it's
>the creme-de-la-creme that lead the country upwards (or downwards).
>
>The average Indians may not be smart, but those smart Indians are much
>smarter than smart Chinese !!!
>
>Trust me in this. I'm an ethnic Chinese, I know a lot of very smart
>Chinese. But when I compare those very smart Chinese that I know, with
>very smart Indians that I know, the Indians win !!
>
>I'm an ethnic Chinese, and if I have any bias, my bias ought to be on
>the Chinese side. But I try to be as fair as I can be, and when I do
>that, I'd find that 9 times out of 10, the Indians win.
>
>Why?
>
>Because the Indians can think OUT OF THE BOX, while the average
>Chinese, because of being poisoned by the 5,000 years of Confucius
>thoughts, DARE NOT to think out of the box !!!
>
>And I kid you not !!!!!
>
>Even the most intelligent Chinese have reservations in taking risk, in
>doing the impossible, in taking a leap out of the logical process. The
>Indians, on the other hand, have none of those psychological
>baggages !!!
>
>Please open your eyes to the truth.
>
>Thank you !