Move over, ‘Made in China’. It’s the ‘Made in Bangladesh’ era now
- Thread starter Black_cats
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If you mean by begging to every country in the world for hand out is the major requirement for world economics/politics then yes we don't matter.
Well said! Some BDers showed their true color of Bendians!
Bilal9
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I cannot quite agree with this.
India is not populated by labor intensive industries like Apparel, small electrics. electronics. They do not have coastal SEZ's for these industries like we do. We have over 100 SEZ (Special Economic Zones). We are actually modeling ourselves after Malaysia, Thailand and other mini tiger economies (some would even say parts of coastal China export cities with adjoined ports) rather than India.
The difference between Vietnam and Bangladesh is that unlike Vietnam we have a strong backward linkage industry for most industries (especially textile spinning, weaving etc. for apparel, leather production for dress shoes).
Vietnam does classic value addition in Thailand style, bring in cheaper Chinese textile, sew it using low-wage Vietnam labor then export it. However Bangladesh wages are (again) half that of even Vietnam.
Labor cost is probably one-third that of China, precisely why Apparel, toys, trinkets, small electrics, shoes production is moving to Bangladesh from China now.
India is in a class by itself (unlike tiger economies and quite unlike Bangladesh), they have tremendous backward linkage capability for raw material of EVERY kind, thanks to their size, and they are a huge self-sufficient market which doesn't even need exports, there is plenty of demand to fulfill within India.
Whatever India exports is marked by two things, either by foreign investments from the likes of Hyundai, Samsung, LG, MBZ etc. to export complex products like locomotives, ships or automotive (expensive items like Mercedes Benz GLC to USA or cheap cars to EU), or commodity exports for labor intensive items (like cotton for apparel or food processing inputs to places like Bangladesh).
The scope for production in India is on larger scale industrial items rather than labor intensive items which goes back decades earlier than when China started its revolution. For many items, production started as import-substitution items, then came exports which grew. The economy in India does not NEED to be export-oriented like a tiger economy to drive growth.
However, lately even Indians themselves are saying that export growth is lackluster and not in keeping with the size of its economy. This is baffling and can be attributed to a strange type of complacency that is typical to India itself. This business mentality by Indian entrepreneurs goes back to the days in the 60's and 70's when India was a closed economy and did just fine with its low quality local products that did not need to compete in world markets.
Actually export basket in India is quite diversified unlike Bangladesh, but it is also eight times larger than our economy. However nowadays Chinese exports are many many (a hundred?) times more diversified compared to India.
Bangladesh therefore is not a mini-India. We consume a lot of Indian products of every type (not in least food items), because of cheapness and proximity, and are similar in culture, but Bangladesh is completely different as the economy is mainly export-oriented as well as somewhat domestic-consumption driven unlike the rest of South Asia.
You are painting with too wide a brush and being a bit racist too. We all have human features that seem odd to others but the better 'humanist' thing is to embrace our minor differences (instead of being annoying petty racist mini despots).
In the US, I have dated quite a few Chinese women, some with decades of family history in US, some directly from educated Chinese upper middle class families, I have been open about embracing them and so have they. We find our family values are quite similar. Why bring in artificial differences where there are none?
Look at your handle....
SBUS-CXK
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The advantage of BD is that it can create countless stories, because nobody cares about BD.I cannot quite agree with this.
India is not populated by labor intensive industries like Apparel, small electrics. electronics. They do not have coastal SEZ's for these industries like we do. We have over 100 SEZ (Special Economic Zones). We are actually modeling ourselves after Malaysia, Thailand and other mini tiger economies (some would even say parts of coastal China export cities with adjoined ports) rather than India.
The difference between Vietnam and Bangladesh is that unlike Vietnam we have a strong backward linkage industry for most industries (especially textile spinning, weaving etc. for apparel, leather production for dress shoes).
Vietnam does classic value addition in Thailand style, bring in cheaper Chinese textile, sew it using low-wage Vietnam labor then export it. However Bangladesh wages are (again) half that of even Vietnam.
Labor cost is probably one-third that of China, precisely why Apparel, toys, trinkets, small electrics, shoes production is moving to Bangladesh from China now.
India is in a class by itself (unlike tiger economies and quite unlike Bangladesh), they have tremendous backward linkage capability for raw material of EVERY kind, thanks to their size, and they are a huge self-sufficient market which doesn't even need exports, there is plenty of demand to fulfill within India.
Whatever India exports is marked by two things, either by foreign investments from the likes of Hyundai, Samsung, LG, MBZ etc. to export complex products like locomotives, ships or automotive (expensive items like Mercedes Benz GLC to USA or cheap cars to EU), or commodity exports for labor intensive items (like cotton for apparel or food processing inputs to places like Bangladesh).
The scope for production in India is on larger scale industrial items rather than labor intensive items which goes back decades earlier than when China started its revolution. For many items, production started as import-substitution items, then came exports which grew. The economy in India does not NEED to be export-oriented like a tiger economy to drive growth.
However, lately even Indians themselves are saying that export growth is lackluster and not in keeping with the size of its economy. This is baffling and can be attributed to a strange type of complacency that is typical to India itself. This business mentality by Indian entrepreneurs goes back to the days in the 60's and 70's when India was a closed economy and did just fine with its low quality local products that did not need to compete in world markets.
Actually export basket in India is quite diversified unlike Bangladesh, but it is also eight times larger than our economy. However nowadays Chinese exports are many many (a hundred?) times more diversified compared to India.
Bangladesh therefore is not a mini-India. We consume a lot of Indian products of every type (not in least food items), because of cheapness and proximity, and are similar in culture, but Bangladesh is completely different as the economy is mainly export-oriented as well as somewhat domestic-consumption driven unlike the rest of South Asia.
You are painting with too wide a brush and being a bit racist too. We all have human features that seem odd to others but the better 'humanist' thing is to embrace our minor differences (instead of being annoying petty racist mini despots).
In the US, I have dated quite a few Chinese women, some with decades of family history in US, some directly from educated Chinese upper middle class families, I have been open about embracing them and so have they. We find our family values are quite similar. Why bring in artificial differences where there are none?
Look at your handle....
A product can be cheap. But an industry is priceless. Unfortunately. I can only see BD's cheap and single secondary industry.
For some Bengalis，they have always said that others are racist. This is really a misunderstanding. we hope to be friends with the Bengalis. so we are here. but really few people care about Bangladesh.
India is a big country. Economy, Military, Industry, Commerce, Agriculture, Services, Impact... It's all different from Bangladesh.
I have been to Bangladesh. I know the real Bangladesh. It's like the Sahara Desert. I hope that 20 years later, they can build a bridge by themselves.
In a Chinese six-tier city. I have been dating at least 10000 Bangladeshi girls. They all love me.
Finally explain a bit. smart TV need 4G network support.. But as I know, Bangladesh has only 2G or 3G.
Really last. Online authors make a lot of money in China. If you like to write books or stories.I suggest you post your books to the China online novel site.
China's online authors grow 3.82 mln in 3 years
http://www.xinhuanet.com/english/2019-04/14/c_137976943.htm
China has 14 mln authors of online literature: report
http://www.xinhuanet.com/english/2019-05/12/c_138053076.htm
Top 10 highest-earning Chinese authors
http://www.china.org.cn/top10/2016-03/31/content_38151453.htm
Don't waste your talent. go quickly. Chinese prosperous online book market is waiting for you.
@Rusty @Michael Corleone @Nilgiri @Homo Sapiens @Marine Rouge @CHN Bamboo @UKBengali @bluesky
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Nilgiri
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So true, BD gets about same tourist arrivals and revenue (in a year) that maybe 1 large hotel in shanghai does.
The news of walton "exports" always goes by some trial one month...and then check later in the year and there's no follow up...and the next year the reality shows....another 0 again.
Just can do the same with these "TV exports" to Germany. Next year it will simply not be referred to again and it wont show up anywhere in reality.
This is the "most successful" electronics company in South Asia lol. Not even a yearly revenue release!
Anyway just leave them to be....its best to put on a smile and nod when a little kid comes up to you with a crayon drawing it made....saying it should be in the art museum. So please try to be supportive....BD has that little crayon kid attitude...they can't help it. They are the best! You can just put the drawing on the fridge and they will be happy for a long time too.
Homo Sapiens
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Make update yourself. Bangladesh launched 4G in early 2018. You can say Bangladesh is very late here. But it is due to govt. disapproval. Our Telecom companies were ready much earlier, but they had to wait for several years to get Government permission to finally launch 4G.
TopCat
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Dont yu think simple economy based on basics and pays good dividend is far better than complex economy got stuck in trap...
Bilal9
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100% true. Bangladeshi economy did great in the last Western Recession (2008?) because we made simple, basic, in-demand items. Items everyone needs everyday, like clothes.
Not complex machinery that India supposedly makes (and no one needs during a recession).
SBUS-CXK
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just like you make one bullet. then you show off the bullet everywhere. but finally found that you have no a gun?
@Nilgiri @Marine Rouge
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No, you are wrong in this count. BD has already introduced 4G technology to its communications system although I am not quite ignorant about its application to the smart TVs. Open the link below:
https://www.ijrbsm.org/papers/v6-i1/2.pdf
Nike
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TopCat
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I have a smart TV using broad band with WiFi. Some dumb from chiny country think you need 4G to watch Netflix in smart TV.
His comments are really dumb. Probably high school kid. It's best to ignore.
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