China to boost imports from India

[througheye]

Those who don't have enough money go for Chinese products, otherwise Chinese industrial products don't have much of a reputation. Our Govt. tender system is bound by rules to go for the lowest bidder, that's why Chinese companies win contracts in the first place.

Similar thing happened to DPL power plant in my home town, they always install units from BHEL (Bharat Heavy Electricals Ltd.), last time Dongfang being the lowest bidder, got the contract for its 7th unit. That unit never worked properly in spite of a large number of Chinese engineers were posted there as part of the contract. The money was completely wasted.

Just to remind you, Dongfang is the same company whose Locos failed in Pakistan. And Dongfang is considered to be a big reputed company in China.

I read a Chinese Engineer's blog before. He was sent by his company to India to help install and maintain the electric generator. He complained that the Indian workers were not well trained and not capable to keep the instrument run well. The workers are too lazy, indisciplinable and reckless. That's the major reason responsible for the equipment failures. It's the same reason why Kilo class submarines in Indian Navy had much more accidents (including the sink) than other countries who also operate them. It's also the same reason why Mig-21 in IAF was called flying coffin. It's the same reason contributing to the frequency electrical blackout in India. Sometimes, you can't not blame the equipment, please blame the persons who operate them.

 

[Lightningbolt]

I read a Chinese Engineer's blog before. He was sent by his company to India to help install and maintain the electric generator. He complained that the Indian workers were not well trained and not capable to keep the instrument run well. The workers are too lazy, indisciplinable and reckless. That's the major reason responsible for the equipment failures. It's the same reason why Kilo class submarines in Indian Navy had much more accidents (including the sink) than other countries who also operate them. It's also the same reason why Mig-21 in IAF was called flying coffin. It's the same reason contributing to the frequency electrical blackout in India. Sometimes, you can't not blame the equipment, please blame the persons who operate them.

Exactly.

I've read many stories from Chinese managers doing business in India that Indian workers just don't understand how to operate the equipment and very careless in handling the equipment.

I really think Indians are extremely stupid humans. They truly lack intelligence and common sense.

 

[faithfulguy]

Mainly IT and pharma. Chinese PM Li Keqiang himself said this during his India visit:

"Praising the Tatas several times during his 20 minute address for their technological innovations, Mr. Keqiang said “TCS has supplied the necessary software on which many Chinese banks run today. This shows that Indian products have competitive edge in China.”

Indian software automatically skim money off the top and deposit it in a particular swiss bank account.

Maybe Chinese corrupt officials know about it and want the same service.

 

[Fattyacids]

So, listen hollow brain, India is a huge market for most of the reputed brands of the world, your country doesn't have any such brand of reputation, what you do is making stuff for other brands and make cheap copy of it on the backyard. Both your country and my country have poor people who use those junk stuff till the time the can afford better non-Chinese products.

And stop bragging about high quality for good price, USA customers and brands like Walmart & Nestle paid you well, what they got; toxic toys and melamine laced milk? Big mouth Chinese.

Are you economically retarded? A country with a GDP per capita of $1500 is a tiny market. An Iphone 5s already cost that much, how many average Indian can afford it? Iphone 5s has gone on sale, but it's not available in India yet LOL. You are an insignificant market. You have no choice but to buy chinese, not just chinese, but low end chinese. Your will get higher quality chinese goods when their disposable income increase. So Stop your delusional and go work for your ministry of health, you have more cases of death due to poisoning and unsafe food.

 

[AnnoyingOrange]

India can expect some pruning of the massive trade deficit it has run up with China as the world's largest exporter is looking to boost its imports, in part to help stimulate economies around the world, said Jia Guoyong, Vice-Director General of China's Trade Development Bureau, told reporter in an interview recently.

"China is taking new policy measures to facilitate the importing process. It will further eliminate non-tariff measures, simplify import management measures and shorten import procedures," said Jia Guoyong.

Jia was in India last week leading a 50-strong business delegation, members of which signed 15 memoranda of understanding (MoUs) with various Indian companies for imports worth USD 330 million to China. The delegation's visit was an outcome of Chinese Prime Minister Li Keqiang's trip to India earlier this year.


In view of the global economic slowdown, China, Jia said, had been trying to increase its imports, which help the countries.

"While exports create wealth directly, imports generate long-term interest and give impetus to industrialization and are just as important as exports," Jia said.

China's foreign trade policy has in recent years been moving away from its overwhelming accent on exports towards a balance, by upgrading the mechanism for promoting and adjusting imports.

"By importing more consumer products, for instance, to satisfy the domestic market, China will not only hasten economic recovery but also improve trade imbalances and reduce trade frictions," Jia said.

India's trade deficit with China in the last fiscal was around USD 39 billion that Indian officials describe as "unsustainable" in the long run. India's exports to China in 2012-13 were worth USD 13.53 billion, while imports stood at USD 52.24 billion.

An important import promotion measure consists of continually encouraging Chinese business delegations to explore overseas markets for procurement, like the delegation that Jia has led to India.

A majority of Chinese exporters import raw materials and semi-manufactured goods, and then produce these for overseas markets."A priority for us is optimising the import structure by stabilising and guiding the import of bulk commodities, increasing imports of hi-tech equipment as well as of consumer goods," said Jia.

China's imports are of three major kinds. Fifty percent are mechanical and electrical products, 30 percent are high technology items and about 20 percent are bulk commodities.

Jia said while China has a long-term strategy to enhance trade with India, the new import promotion policies were directed at improving the situation with its various trading partners.

"We can now import more consumer products to satisfy the domestic market. It is not that we did not require to import earlier, but now we have more means and money to import that were lacking earlier," Jia said.

Figures from financial service firm Morgan Stanley in September showed Chinese demand for commodities is surging again, confirming the improved recent economic data from China and that the country was stepping up investment in infrastructure.

This will be good news for markets supplying commodities to China."China will facilitate market access, increase its import capabilities, promote balanced trade and will contribute to the promotion of China-India bilateral trade," added Jia, signing off.

- See more at: China to boost imports from India: Vice-DG China's Trade

China to boost imports from India: Vice-DG China's Trade

Good thinking... trade has to be a two way process...

 

[dray]

your brain is good only for chicken feeds cheerleader! - the poor chicken will turn dumber than the rest since then!

the records show we have a trade surplus in September whereas india is a perenial loser in trade. that more than adequately nullifies the accusation of the jealous, incapable and low IQ people who cant do nothing but to whine and malign on the quality of our exports.

Dongfeng wont give a damn to cheap indian black or brown list. It can easily find better and more reasonable customers who dont whine.

to brighen up you dimwit, the milk powder scandal has long been settled.

only cheerleaders keep repeating this event as they dont have any point to score. your milk products are laced with urine, chemical, detergents .. part of the reason for your low IQs!

Unfortunately, the traditional practice of eating live & raw monkey brain in China has critically affected your peanut sized brain (or whatever it is, a small pimple inside the hollow brain cavity)!! I have seen enough companies and countries also going up like a rocket, and then coming down quietly after running out of fuel, yours will be no different.

And milk powder scandal was settled for what; gutter oil scandal? Should I post some Chinese media reports stating that the malpractice of producing toxic products still continue in China.

 

[dray]

I read a Chinese Engineer's blog before. He was sent by his company to India to help install and maintain the electric generator. He complained that the Indian workers were not well trained and not capable to keep the instrument run well. The workers are too lazy, indisciplinable and reckless. That's the major reason responsible for the equipment failures. It's the same reason why Kilo class submarines in Indian Navy had much more accidents (including the sink) than other countries who also operate them. It's also the same reason why Mig-21 in IAF was called flying coffin. It's the same reason contributing to the frequency electrical blackout in India. Sometimes, you can't not blame the equipment, please blame the persons who operate them.

Oh dear! Stop blaming the customer for your fault, that is the worst thing to do in any business. Indian workers operate Indian, Russian, American, French, and many other country's product successfully without any problem, only in case of Chinese products the workers become bad? I asked the same question during Pakistani Locomotive scandal, only Chinese locos failed, while all other locos running successfully for decades.

And Mig21s are too old (60s purchase), that's why they are facing problem, we also operate other planes without any such problem.

Exactly.

I've read many stories from Chinese managers doing business in India that Indian workers just don't understand how to operate the equipment and very careless in handling the equipment.

I really think Indians are extremely stupid humans. They truly lack intelligence and common sense.

Yeah! Otherwise who in his right mind would go for a Chinese product!!

Are you economically retarded? A country with a GDP per capita of $1500 is a tiny market. An Iphone 5s already cost that much, how many average Indian can afford it? Iphone 5s has gone on sale, but it's not available in India yet LOL. You are an insignificant market. You have no choice but to buy chinese, not just chinese, but low end chinese. Your will get higher quality chinese goods when their disposable income increase. So Stop your delusional and go work for your ministry of health, you have more cases of death due to poisoning and unsafe food.

"economically retarded"?? What is that? Now you are running out of abuses!! For this what should I call you..."Financially handicapped"??

In a country of 1.2 billion, those who can afford iPhone are a bigger population than most other countries on this planet. And who told you that iPhone 5 is not available in India? Height of delusion. And "High quality Chinese product" is something this world is yet to see, so don't talk about it.

 

[Fattyacids]

"economically retarded"?? What is that? Now you are running out of abuses!! For this what should I call you..."Financially handicapped"??

In a country of 1.2 billion, those who can afford iPhone are a bigger population than most other countries on this planet. And who told you that iPhone 5 is not available in India? Height of delusion. And "High quality Chinese product" is something this world is yet to see, so don't talk about it.

Yes, the economically retarded doesn't know how the insignificant of $1500 GDP per capita. You're an agricultural economy, you don't even have a manufacturing base, LOL. Don't be jealous of Chinese product. We even launched your 4G network because you don't have the technology,

What a shameless liar, iphone 5s is going to launch only in Nov.

Apple finally announces India plans for iPhone 5S & 5C; to launch on November 1 - The Economic Times

 

[dray]

Yes, the economically retarded doesn't know how the insignificant of $1500 GDP per capita. You're an agricultural economy, you don't even have a manufacturing base, LOL. Don't be jealous of Chinese product. We even launched your 4G network because you don't have the technology,

What a shameless liar, iphone 5s is going to launch only in Nov.

Apple finally announces India plans for iPhone 5S & 5C; to launch on November 1 - The Economic Times

Sad, the dimwits don't know the meaning of "average" (Hint: It doesn't mean that all Indians are earning that much only)!!

Since some Chinese companies steal original foreign designs and make cheap copies, they don't need to invest in R&D (Neither they have the brains for R&D), hence they come cheap and win contracts.

And when Apple is successfully selling iPhone 5 in India, then why they would be in a hurry to launch the budget version? And those budget versions have defects also (maybe made in China), so Apple will test the product in China first who are generally comfortable with crappy products, and will launch fault-free products in quality-conscious Indian consumers.

Apple iPhone 5s Vs. 5c: Why The Budget iPhone 5 Is Underperforming In Sales

Apple iPhone 5s Having Problems: iOS 7.0.3 May Fix Blue Screen Of Death, Among Other Issues

 

[HariPrasad]

all our quality examination and agencies for lab tests in full throttle please!

I hope they monitor the quality of Gutter oil also.

 

[Fattyacids]

Sad, the dimwits don't know the meaning of "average" (Hint: It doesn't mean that all Indians are earning that much only)!!

Since some Chinese companies steal original foreign designs and make cheap copies, they don't need to invest in R&D (Neither they have the brains for R&D), hence they come cheap and win contracts.

And when Apple is successfully selling iPhone 5 in India, then why they would be in a hurry to launch the budget version? And those budget versions have defects also (maybe made in China), so Apple will test the product in China first who are generally comfortable with crappy products, and will launch fault-free products in quality-conscious Indian consumers.

Apple iPhone 5s Vs. 5c: Why The Budget iPhone 5 Is Underperforming In Sales

Apple iPhone 5s Having Problems: iOS 7.0.3 May Fix Blue Screen Of Death, Among Other Issues

LOL, how oxymoronic can you get? You don't understand income per capita, you wanna talk about "average." ?? No wonder you call india a huge consumer market

The fact is our R&D and patent ranked in top 5 in the world. The fact is your need us to launch your 4G.

Not only are you economically unsound, you're intellectually retarded. India is not getting iphone 5s yet because it is not an important market, nothing to do with the success of iphone 5. Where in the world was iphone 5 not successful? If China was a test ground, then Americans must be biggest guinea pig in the world. Apple first launch is always in the US, then Europe and ChIna
Indian IQ of 82

 

[dray]

LOL, how oxymoronic can you get? You don't understand income per capita, you wanna talk about "average." ?? No wonder you call india a huge consumer market

The fact is our R&D and patent ranked in top 5 in the world. The fact is your need us to launch your 4G.

Not only are you economically unsound, you're intellectually retarded. India is not getting iphone 5s yet because it is not an important market, nothing to do with the success of iphone 5. Where in the world was iphone 5 not successful? If China was a test ground, then Americans must be biggest guinea pig in the world. Apple first launch is always in the US, then Europe and ChIna
Indian IQ of 82

I wonder if IQs sell in packets in China!!

Okay, enough of nonsense and personal insults from both sides. See, China might have good quality products, but they went for the lowest segment of the market in India, and now the Chinese products have earned such bad name in india, that even if they try to sell good quality products under some Chinese brand name, they will find it damn difficult to market it as a quality product. Huawei and ZTE sells mobile handsets also, not that pricy either, but still they have little success with Indian consumers.

I am off from here, will bash each other in some other thread.

 

[Fattyacids]

I wonder if IQs sell in packets in China!!

Okay, enough of nonsense and personal insults from both sides. See, China might have good quality products, but they went for the lowest segment of the market in India, and now the Chinese products have earned such bad name in india, that even if they try to sell good quality products under some Chinese brand name, they will find it damn difficult to market it as a quality product. Huawei and ZTE sells mobile handsets also, not that pricy either, but still they have little success with Indian consumer.

I am off from here, will bash each other in some other thread.

It's in the gene.

Come back when you can argue factually and intellectually.

 

[shuttler]

Unfortunately, the traditional practice of eating live & raw monkey brain in China has critically affected your peanut sized brain (or whatever it is, a small pimple inside the hollow brain cavity)!! I have seen enough companies and countries also going up like a rocket, and then coming down quietly after running out of fuel, yours will be no different.

And milk powder scandal was settled for what; gutter oil scandal? Should I post some Chinese media reports stating that the malpractice of producing toxic products still continue in China.

I hope they monitor the quality of Gutter oil also.

what kind of food on indian's menus about monkey brains, rat's tails ... we wont bother. that is your problems.
the small and diminishing size of your brain is also your problem
if you dont believe your milk is contaminated with urine, chemicals, detergents, you can have it confirmed on the net search. if you still dont believe it, also your problem and that tells the quality of your food chains before you point fingers at us! Pathetic!

I have less much worries about our gutter oil criminals than indian's hygiene standards and poor workmanship on your imports unless they are raw minerals. The gutter oil criminals will receive death sentence once caught.

Get it cheerleaders?

 

[IndoCarib]

I will repeat one more time. You can't just beg a country to import more. There has to be something in return China wants. Besides some agri products, there really is nothing else China want from superpower to be India.

From the article, I got the feeling that China imported from India because they felt sorry for them. Nothing more.

Read the title one more time. China wants to import more from India.

This is what Jia said:

"While exports create wealth directly, imports generate long-term interest and give impetus to industrialization and are just as important as exports," Jia said.


So it is in china's interest to import more from India.