India’s trade with China falls 12 %

[JohnyD]

ok,then don't.China has so many big trading partners and India is not one of them.

Here are those so many big trading partners

EU, 546 billion ---> Already into prolonged recession and there is no scope for growth!

US 485 billion, ---> US is buying your junk because they dont want to produce it locally to save the environment. Moreover, US will remain your big trading partner as long as you are buying their bonds which have no yield. So indirectly you are paying US to buy your junks….So, money that should go to the blue collar Chinese factory labours actually going into hands of few big local traders and Americans.

ASEAN 400 billion, --> If you see, your are making more enemies than friends in that club...so the trade is uncertain to sustain.
Japan 329 billion. -- > Now what to say, hope you read the news...Japan and China has one of the worst relationship and its a matter of time that Japan shifts it base from China to India or other country....

So, your trade is growing but you are not growing the relationship...with increase in trade you are getting more and more arrogant and selfish…So, it is good for at least India that we don’t do any business.

 

[Yogi]

Now, India is like 2002's China, India should brave enoungh to open and let domestic coms and systems compete with Multinational，if you want become a wolf you must dance with wolves, if you put you coms inner fence they will always be sheep.

Indian companies r already competing with Multinationals not only in domestic market but also around the world, infact many Indian companies now stand amongst the world's best companies in their respective fields.

China has no doubt done a commendable work over the last decade but there r some fundamental differences between Indian n Chinese economy that u need to understand -
1. China is a one party rule n CCP has complete control over country's resources n general people don't have any say in CCP's decisions.
2. China has deliberately undervalued its currency to give undue benefit to its exporters.
3. China doesn't value IP rights of other countries n its practically impossible to challenge a Chinese company for infringement of IP rights in China.

besides all this 2001-2011 was the golden period in world economy helped China to further speed up its growth but now r times of global recession which r screwing India big time...

Whatever China did was good for its economy n people but can't just put India in China's shoes in present time n thats a reality

 

[djsjs]

China must open up its Pharma and IT market to Indian companies to increase the trade and balance the trade deficit....China is a very selfish country which only spoils the economy of trading countries...Better not to do any business with China!

sorry,we don't need anything except your mineral resources.our products are better and cheaper.
Pharma and IT-----already opened up.But the outlook is not optimistic.firstly,your IT industry is too weak comparing with ours.secondly,the exports of your pharma industry is only half of ours.

 

[Yogi]

？？China has opened all Pharma and IT market to the world, including to India,
China Pharma trade with the world 73.2billion$, 4billion $ with India in 2011
In fact, China -India cooperated at Pharma for long time, China provided pharmaceutical raw materials to Indian ,such as 75.9% Indian 3 main pharmaceutical raw materials (Antibiotics, vitamins and antipyretic analgesics) come from China(account for 94% China's export to India on Pharma), and Indian Pharma made them end product to export to US and EU at higher price. Same, China import oter pharmaceutical raw materials from India(account for 96.3% India's export to China on Pharma).

China software export in 2011 is 30.4billion$, just as clothing exports， China can export clothing all over the world but no one can export clothing to Indian, Pakistan, Bangladesh。。。

here is a recent interesting article contrary to ur claim plz have look at the reality...

India-China Bilateral Trade: Adjusting the balance - Express Pharma Online

 

[JohnyD]

？？China has opened all Pharma and IT market to the world, including to India,
China Pharma trade with the world 73.2billion$, 4billion $ with India in 2011
In fact, China -India cooperated at Pharma for long time, China provided pharmaceutical raw materials to Indian ,such as 75.9% Indian 3 main pharmaceutical raw materials (Antibiotics, vitamins and antipyretic analgesics) come from China(account for 94% China's export to India on Pharma), and Indian Pharma made them end product to export to US and EU at higher price. Same, China import oter pharmaceutical raw materials from India(account for 96.3% India's export to China on Pharma).

China software export in 2011 is 30.4billion$, just as clothing exports， China can export clothing all over the world but no one can export clothing to Indian, Pakistan, Bangladesh。。。

Recently the Indian Prime Minister Dr Manmohan Singh has even requested his Chinese counterpart to allow Indian pharma companies more access to the Chinese market,.
However, the agony is that despite repeated requests, China seems to have turned a deaf ear to its neighbour's concerns
Indian pharma companies continue to face serious stumbling blocks in the process of official registration and in getting Chinese companies to buy our services and products. In fact Indian pharma firms are quite cagey of the cutthroat pricing in China and are encountering a series impediments in meeting the system’s requirements, which is largely monopolised by state-run health institutions. The Chinese economy is largely state-controlled and the prices of various inputs are not market determined,”

“Indian pharma companies have been thwarted by regulatory hurdles. Registering new drugs can take three to four years in China, as compared to 10 months in India. Moreover, China's regulators often compel Indian pharma companies to conduct clinical trials within the country, which is quite ominous. What India requires is that the process should to be curtailed to one year and not more to help build conducive bilateral trade ties between two countries.”

Read More...
http://pharma.financialexpress.com/...a-china-bilateral-trade-adjusting-the-balance

there are many more issues...as I mentioned earlier..China just want to sell not to buy..or buy just to sell it again!! which is why over the years India-China bilateral trade has largely remained in favour of China... such a selfish country!! ..Better not do deal with them!

 

[Yogi]

sorry,we don't need anything except your mineral resources.our products are better and cheaper.
Pharma and IT-----already opened up.But the outlook is not optimistic.firstly,your IT industry is too weak comparing with ours.secondly,the exports of your pharma industry is only half of ours.

Quoting data from the International Associated of Outsourcing Professionals, it said as many as 12 Indian companies were on the list of the top 100 outsourcing companies in the world this year and three Indian firms have found a place in the top 10; China's top-ranked company, Neusoft Corp, barely made it into the top 30.

IAOP :: 2012 Global Outsourcing 100

 

[djsjs]

here is a recent interesting article contrary to ur claim plz have look at the reality...

India-China Bilateral Trade: Adjusting the balance - Express Pharma Online

what should i say about the article!
You only see the negative side.In my opinion,the best way to protect your pharmaceutical company is leaving away from us.you know what we are good at-----copy pasteonce your pharma enter our country,it will collapse in one night.

 

[djsjs]

Quoting data from the International Associated of Outsourcing Professionals, it said as many as 12 Indian companies were on the list of the top 100 outsourcing companies in the world this year and three Indian firms have found a place in the top 10; China's top-ranked company, Neusoft Corp, barely made it into the top 30.

IAOP :: 2012 Global Outsourcing 100

you got the point .but you also made a big mistake.oursourcing is not the whole IT,stacking code is the cheapest part of IT industry.yes you have many top outsourcing companies,they provide cheap labor force for real IT companies such as microsoft.your cheap labor force contribute much to the world IT industry but have not founded your own brand.what a pity!
if you want to compare the software industry(a small part of IT industry),here is a link:
http://www.defence.pk/forums/world-affairs/224752-chinas-software-industry-revenue-touches-311-billion.html

 

[haidian]

？？China has opened all Pharma and IT market to the world, including to India,
China Pharma trade with the world 73.2billion$, 4billion $ with India in 2011
In fact, China -India cooperated at Pharma for long time, China provided pharmaceutical raw materials to Indian ,such as 75.9% Indian 3 main pharmaceutical raw materials (Antibiotics, vitamins and antipyretic analgesics) come from China(account for 94% China's export to India on Pharma), and Indian Pharma made them end product to export to US and EU at higher price. Same, China import oter pharmaceutical raw materials from India(account for 96.3% India's export to China on Pharma).

Government plans to reduce pharma industry's dependence on China
Government plans to reduce pharma industry's dependence on China - Economic Times

 

[Yogi]

what should i say about the article!
You only see the negative side.In my opinion,the best way to protect your pharmaceutical company is leaving away from us.you know what we are good at-----copy pasteonce your pharma enter our country,it will collapse in one night.

i think u have some serious comprehension issues dear if aren't able to comprehend even basic english or did u even tried to read the article or not...

here is quote fro the same article try to read calmly the story is the other way round, Indian Pharma sector is very much open to the world economy its China who is not ready to face the competition from Indian Pharma -

Dr Ashok Kumar, President – Centre for R&D, Ipca Laboratories, says, “The Indian pharma industry is fraught with several non-tariff barriers that need to be done away with so that it can make a significant impact in the Chinese market.” While adding to the issues raised by Herlekar, Kumar says, “Process of company registration, procurement of drug license, long customs procedure, banking and foreign exchange remittance procedures, lack of IP standards and lack of transparency in information about local markets are among the major non-tariff barriers the Indian pharma companies face today while trying to enter the Chinese market. The process of product and company registration and procuring import drug license are expensive and time consuming. It may take 18 months to three years to procure an import drug licence.”

On the clinical trial side Kumar says that since China is not a member of the Organisation of Economic Co-operation and Development (OECD) yet, acceptability of clinical trials’ data from other countries is non-existent.

Dr P V Appaji, Director General, Pharmexcil, says, “We want Chinese Government to reduce approval processing time for the Indian pharma companies. In India, approval processing may not last for more than a few months whereas, in China it takes a few years to get all the required approvals for the Indian pharma companies. Moreover, in China, Indian pharma companies are charged heavily whereas, charges for their Chinese counterparts are nominal. Such disparity should be addressed as soon as possible.” He adds, “Both the Indian and the Chinese Governments are working towards balancing the pharma trade. However, despite these efforts, things are not improving as expected by the Indian pharma industry. The Indian Government is very proactive in assisting foreign pharma companies. I think, even other countries should extend same facilities to the Indian pharma industry.”

India-China Bilateral Trade: Adjusting the balance - Express Pharma Online

 

[djsjs]

i think u have some serious comprehension issues dear if aren't able to comprehend even basic english or did u even tried to read the article or not...

here is quote fro the same article try to read calmly the story is the other way round, Indian Pharma sector is very much open to the world economy its China who is not ready to face the competition from Indian Pharma -


India-China Bilateral Trade: Adjusting the balance - Express Pharma Online

read my words again please.
and now do you understand what "IT" means?

 

[xuxu1457]

Someone are little to resuscitate, just let them stay what they are now

 

[Protocol man]

Here are those so many big trading partners

EU, 546 billion ---> Already into prolonged recession and there is no scope for growth!

US 485 billion, ---> US is buying your junk because they dont want to produce it locally to save the environment. Moreover, US will remain your big trading partner as long as you are buying their bonds which have no yield. So indirectly you are paying US to buy your junks….So, money that should go to the blue collar Chinese factory labours actually going into hands of few big local traders and Americans.

ASEAN 400 billion, --> If you see, your are making more enemies than friends in that club...so the trade is uncertain to sustain.
Japan 329 billion. -- > Now what to say, hope you read the news...Japan and China has one of the worst relationship and its a matter of time that Japan shifts it base from China to India or other country....

So, your trade is growing but you are not growing the relationship...with increase in trade you are getting more and more arrogant and selfish…So, it is good for at least India that we don’t do any business.

Politics don't matter in the business world. US-China are huge rivals but businesses love each other.
India is an insignificant shrimp country in world trade.
That's why no one ever talks about the Indian economy, it's insignificant compared to China.
China is the worlds largest exporter and 2nd largest importer.
China will become the largest trading nation this year.

You Indians forever be living in dream world laughing at others (and abusing women). That's your specialty.
Dream on kid.

 

[Protocol man]

Recently the Indian Prime Minister Dr Manmohan Singh has even requested his Chinese counterpart to allow Indian pharma companies more access to the Chinese market,.
However, the agony is that despite repeated requests, China seems to have turned a deaf ear to its neighbour's concerns
Indian pharma companies continue to face serious stumbling blocks in the process of official registration and in getting Chinese companies to buy our services and products. In fact Indian pharma firms are quite cagey of the cutthroat pricing in China and are encountering a series impediments in meeting the system’s requirements, which is largely monopolised by state-run health institutions. The Chinese economy is largely state-controlled and the prices of various inputs are not market determined,”

“Indian pharma companies have been thwarted by regulatory hurdles. Registering new drugs can take three to four years in China, as compared to 10 months in India. Moreover, China's regulators often compel Indian pharma companies to conduct clinical trials within the country, which is quite ominous. What India requires is that the process should to be curtailed to one year and not more to help build conducive bilateral trade ties between two countries.”

Read More...
India-China Bilateral Trade: Adjusting the balance - Express Pharma Online

there are many more issues...as I mentioned earlier..China just want to sell not to buy..or buy just to sell it again!! which is why over the years India-China bilateral trade has largely remained in favour of China... such a selfish country!! ..Better not do deal with them!

Wrong.
China is the 2nd largest importer and china is the largest market for many countries.
Chinese processing trade is 35% of overall trade.
Indian companies are just not good enough to grab market share in China. You cannot beat domestic companies and you cannot beat other foreign companies.
Indian companies are just as incompetent as Indian Olympians and India as a society and civilisation.

 

[Yogi]

read my words again please.
and now do you understand what "IT" means?

China's Software Industry is big due to its economy's size n protective domestic industry but its not competitive in international market. A better parameter to compare is China's software exports -

China's software exports were at $14.34 billion in 2011 as against India's $59 billion in 2011 n $69.1 billion in 2012

China to further encourage software exports |Industries |chinadaily.com.cn

India's software exports seen up 16-18 pct in FY12 | Reuters

Indian IT-BPO Industry | NASSCOM

out of the total software industry's $300-311 billion revenue China's exports hardly count for less 5% whereas Indian Software Companies drive as high as 70% of there total revenue from International market.

now do u see the difference...