Well partly true but you just also understand the Chinese industrialist are flexible and adaptable, we are not like numb numb Viets. Few months ago, the same mask makers were making something else, they saw the potential for a big market and now, they are cashing on it. When the pandemic is over, they will switch to another sector, that's how nimble our entrepreneurs are. Now ask. Yourselves this question, how many businesses is even owned by Viets in Vietnam and even if Vietnamnese how many are ethnic Han?Making mask earn millions mainly bcs its Covid pandemic now while CN service sector is losing even billions, No foreigners visit CN, hotels-restaurants have no foreign customers, millions jobs lost. When Covid is over maybe Eu-US will slap sanction on your med mask like Huawei
Xiaomi earn billions tks to Indian market and thats Indian faults. They never can stop CN aggression in the border. When I Google "Xiaomi sale in USA" ,I dont see any good news abt Xiaomi .
So, seem like CN become more "powerful " tks for Xiaomi buyers in India only , and we dont know that way of "growing " willl last long or not
What's stopping US from sanctioning other companies, even with the superficial sanction against hikvision and gang, we still can export to US and EU, Huawei is not exporting because phones in the west are tied to their service provider.
Try googling xiaomi sale in EU instead or Motorola sale in US. Hahahah.
Xiaomi largest market is not just India, even Vietnam. Lol. Can the world afford not to trade with China? I don't think so, even your Papa USA cannot do it. The surplus is even larger than before. Lololol. Of the goods assembled in Vietnam, how may % is actually Chinese components asseembeld by dirt cheap poor Viets?
Hahahah. Vinsmart, whatever bphone, all are loss making companies using imported Chinese components. You lack economies of scale, and make shitty phones. LolThats the first step, Vinsmart has her own phone factories while Xiaomi use Foxconn factories to reduce labor cost. But Foxconn still stay in CN mainly bcs Iphone is still there.
Once day, Iphone will leave CN like Samsung when less Cnese wanna buy Iphone. Then Foxconn also will leave, your Xiaomi is dead due to No cheap factories to manufacture Xiaomi anymore.