terranMarine
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What happened to Indians boycotting China products?
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One exports what one can offer.Not a healthy sign when India exports resources as iron ore, gems and diamonds and imports Chinese finished products and other manufactured goods. The Chinese benefits 10 times more from trades.
I am just pointing out India industrial weakness. No offense to anyone.One exports what one can offer.
You don't expect them to export tunnel bearing machines to China, but they need TBMs, which China can manufacture.
I get your point, I did not feel offended.I am just pointing out India industrial weakness. No offense to anyone.
International trade is determined by fundamental economic structure and currency exchange rate. Despite the fact that China sustains trade surpluses with almost all economies (so no need to single out India), it's no less important to note that billions of bilateral deficits still exist with four smaller "factories" (Taiwan, SK, Japan, Germany), China should strive to overcome this extremely stringent challenge.China is world factory.
China is also the biggest market for nearly all the physical products.The trade with India will always be in favor of China. China is world factory.
I do not see how Indians can strengthen their standing in near future.
I don't mean China. You suck resources from others and sell manufactured goods in return. You can admit Xi Jinping's silkroad is meant to cement the trend.I get your point, I did not feel offended.
To india, easy money from resources , why not?I don't mean China. You suck resources from others and sell manufactured goods in return. You can admit Xi Jinping's silkroad is meant to cement the trend.
The trade with India will always be in favor of China. China is world factory.
I do not see how Indians can strengthen their standing in near future.
Not every country has the same fate.The same can be said about China some decades ago. Then, China exports a lot of raw resources to other developed countries, including Japan. Even today, China is still exporting raw resources, like rare earth material.
As India's industries develops it will start to use more of its own raw resources. In the mean time it is smart to trade excess material for money.
nothing against easy money. hey I like it too. the problem what to do when resources run out?To india, easy money from resources , why not?
No need for skilled labour, no need for R&D, no need for continuous human effort....
Every country has different role on this world, you don't expect every country to nurture a drone company like DJI.
In terms of subway car manufacturing, no more than 10 companies dominate 99% of the global market, then the rest of the world are just losers?
To india, easy money from resources , why not?
No need for skilled labour, no need for R&D, no need for continuous human effort....
Every country has different role on this world, you don't expect every country to nurture a drone company like DJI.
In terms of subway car manufacturing, no more than 10 companies dominate 99% of the global market, then the rest of the world are just losers?