Who's the Champ?

Fresh from the Dad...

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China argues they're champions at the Olympics based on their 51 gold medals. The USA counterargues its the number of total medals won (USA 110 - China 100) that matters. The New Paper's Santokh Singh begs to differ and proposes that winners should be based on medal per country population - making the Bahamas the winners of the 2008 Beijing Olympics.

Hence:
country pop (mil) total medals ratio 1 per (mil)
1. bahamas- 0.31- 2- 0.155
2. jamaica- 2.8- 11- 0.25
3. iceland- 0.3- 1- 0.3
4. slovenia- 2- 5- 0.4
5 australia- 21- 46- 0.46
46. usa- 304- 110- 2.8
54. singapore- 4.6- 1- 4.6
68. china- 1300- 100- 13
87. india- 1100- 3- 370

Source - the New Paper, Singapore