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India Overstated Exports by $9 Billion

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so how come businessmen have not moved business to zimbabwe if everything is about cheaper?

china's currency has appreciated 30% since 2005 but chinese exports are still growing.

business is about favourable business environment and industrial policies.

Cherry picking without understanding 'the meaning' can make you seem silly.,..try not quoting me 'out of context' with your silly examples.

Chinese currency is still severely devalued ..there is a reason why Chinese are not revaluing it ..do you know why??
 
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It isn't right to compare the structure of India's economy to China's. They have completely different dynamics. China has a much larger manufacturing base than India. While China is very reliant on the foreign capital inflows of their country too, it can compensate for it in many other ways. India is heavily dependent on FDI, & if that slows down, it affects their service sector, & hence their growth rate.
 
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It isn't right to compare the structure of India's economy to China's. They have completely different dynamics. China has a much larger manufacturing base than India. While China is very reliant on the foreign capital inflows of their country too, it can compensate for it in many other ways. India is heavily dependent on FDI, & if that slows down, it affects their service sector, & hence their growth rate.

China is far more dependant on FDI than India is, Where do you think China gets all the money to build all those factories from?

This graph can give you a better idea.

China:

china.jpg


India:

india.jpg


As can be clearly seen, in the case of both India and China, trhe growth is strongly correlated with FDI inflow. So in the sense of dependance on FDI, China and India are not all too different.
 
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China is far more dependant on FDI than India is, Where do you think China gets all the money to build all those factories from?

This graph can give you a better idea.

China:

china.jpg


India:

india.jpg


As can be clearly seen, in the case of both India and China, trhe growth is strongly correlated with FDI inflow. So in the sense of dependance on FDI, China and India are not all too different.

I have already told you that China is very dependent on the FDI, but they have more ways than India to better compensate for it.
 
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