WHY American Businesses CHOSE China and NOT Other Countries
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- čas přidán 12. 09. 2024
- Ever wonder why most American businesses chose to invest and build their manufacturing hub in China and not other countries? Well, watch Tim Cook and Elon Musk explained in this video...
#chinabusiness #chinaeconomy #chinamanufacturing #timcook #elonmusk
I am in Silicon Valley and have worked with Indian coworkers. On the face they are more successful and climb the ladder faster. But we are know it is due to their talk skills and only promote within small groups. Any group has to have one Chinese or white engineer to do the REAL work. If the elite Indian are like this, I can’t trust the rest of Indian labor force.
I have many Indian friends and grew up among them. I could have told you decades ago to be wary when dealing with Indian businessmen who can charm and talk you out of your own underpants and sell them back to you for a huge profit. 😁🙂😬
Just as someone said, when shaking head has the meanings of "yes, no, I don't know", then you really don't know what they can do.
Talking well is cheap , doesn’t take much to do that but to achieve real time results , comes from knowledge & the ability to do things right with efficiency.!
Real story. A company, XYZ (I won't name the company), used to be a multi racial company or MNC. One day, because of geopolitics or whatever, the CEO of the company (non-Indian) steps down and appointed an Indian to be the new CEO. The first thing that the Indian CEO did after that was to "restructure" the company by appointing a new HR manager of Indian ancestry. A few years later, all non-Indian employees were either mysteriously fired or told to leave and so on. The company became a 100% Indian company from then on. This is how they swallow up your company, please beware and aware of such practices. If you're wondering why this example is relevant, think of this example as an Indian corporate practice when managing a company. If Indian becomes president, imagine what he will do to the Immigration department.
In my country nepal there is a saying that a dead indian man can scam 100 people 😂😂
Really Smart really hardworking People. 👍🌹🌹🌹
U send one Chinese kid to the U S and most likely he'll grow up to be successful.
Contrasting the policy between China and some western country ('wc')
China: focus on collaboration for mutual benefit, improving living standard of its citizens as well as those collaborate
WC: suppression, colonization and bullying other to comply to WC agenda.
Over time, countries will eventually know how to choose.
Love the ❤ China 🇨🇳 from Nepal 🇳🇵
It is difficult to compare China and India, as they are at different stages of development. China not only provides better skilled and cheaper labor than European and American countries, but also has a complete upstream and downstream industrial chain, a developed logistics system and highly automated production lines, as well as large-scale production, which are the fundamental reasons why Chinese products are competitive. Everyone is saying that the Chinese economy is about to collapse and that they want to decouple from China, but in 2023, foreign investment in China will be 53,667 enterprises, with foreign investment of US$160 billion, still the second largest destination for foreign investment after the United States.
@sandponics Lol
@sandponics czcams.com/video/7-WA64ecsgM/video.html The boom of China has been a literal miracle, and exactly mirrors the boom of Christianity during the same time.
In 1990 less than 1% of Chinese identified as Christian. In 1990 less than 1% of global economic activity came from China. In the three short decades since, China has become the largest Christian country in the world, and also the largest economy in the world.
Christians in China love their country with a depth and passion that is startling to foreign observers. During church gatherings they pray for their country and its leadership.
They believe deeply that they have a duty to share their prosperity with fellow Chinese, especially the poor and elderly. And they believe they are called to invest in the undeveloped countries of the world.
czcams.com/video/IX7Cdbg2p9M/video.html The biggest Christian country in the world is . . . China?
China has political and economic stability and a lot of capacity,
which attracted the first investments from multinationals 40 years ago,
and the investors are "Capitalist" Jews.
as an Indian i would say "DO NOT REDEEM"
😃😃👍🇨🇳 high quality educated people‼️🇨🇳😁👏👏
China has a working population of intelligent workers from the assembly lines to engineers to delivery who could perform with high efficiency & above all, on time performance.!
Momentum is in china ..so if you are not in that momentum then you lose your chance ....that is why american + european company are cozy in china although their countries were asking to go out of china to diversify ...
If every American earns an extra $1.00, their GDP will go up by $400 million.
If every Chinese earns an extra $0.50, their GDP will go up by $700 million.
The GDP convergence will come sooner rather than later.
Once the GDP converges, the Chinese economy will rocket upward exponentially and leave everyone far behind.
This is a scary thought. This is something the US is desperately trying to delay.
The Americans, Europe, and Taiwan business entrepreneurs understand China more than their naive political leaders and media personnel. These smart business people have international exposure to trade and investment in many countries.
Their final conclusion is to return back to China to invest and set up advanced manufacturing business in China. They have bad experiences doing business in India.
India is the graveyard of multinational business.
Totally Agree!
You need skill and knowledge to run billion dollar companies, but you only need lips services to fool the ignorant population to be elected, which the Indians are good at.
China believes in science and technology and is using it for their growth. India on the other hand still focuses on religion and caste, prioritizing the construction of temples and projecting them as important even though they don't contribute to the world or help people.
You Morxon,
China development lies on proper spending of money towards infrastructure, R& D , education etc
Not like India where 60% of population are being feeded by government Aid using Tax payers money
Usa has the same number of churches as Europe.
So going by your religion logic , USA should be a Third World Country like India
😂😂 backstabbers are at home
its just better in china...
America chose war colonization and democracy. China chose industrialization team work and building a solid growth foundation. And then they wonder what happened. Lol 😂
fake democracy. they are not a democracy themselves.
America has never colonized any country. Poor China on the other hand has territorial disputes with just about every neighbor. When the economic growth is built on ghost towns and debts, they wonder what happened to the real estate industry. 😊😊
Good luck😅
Indeed. America chose the bad ETs and big pharma, the path toward destruction.
The Republic of China chooses resilience and miracles.
One glaring difference that most people overlook between China and India is the people's education, critical thinking and skill level in general. China is leading is all metric that matters.
Very explanatory video!
China's GDP per capita remaining lower than the US despite becoming larger in total GDP is a moot point. If a country has socialist approach then the distribution of resources is largely equitable.
Someone earning 10,000 dollars in China gets to live a far more comfortable life than someone earning 40,000 dollars in USA.
I think after reaching 25,000 dollars per capita GDP any additional increase is just for showing off and doesn't necessarily means citizens in a country with 40,000 or 60,000 per capita GDP are living twice better lifestyle than a country with 30,000 dollars per capita GDP.
And yes China also has private businesses in case someone comes up with propaganda.
Actually socialist China has bigger wealth gap than capitalist countries like US. It has 600 million people living on $5 or less per day. There goes your lifestyle.
China is still a developing country and we have a lot to do.
In major cities like Shanghai and other major cities surrounding it, the gdp per capita is already on the same level as US states or EU countries or even higher. You can argue that it’s only concentrated in those major cities but you have to keep in mind that the population of these cities is larger than most EU nations.
@@Idkmanihatethis assess one country as if it is developed or developing, you should through the life in rural area rather than the life in cities. the life in cities is almost similar with each other, but the life in villages is various
This year Apple’s supplier Foxconn raised the wage over 20% for all workers in China with many benefits like free accommodation and healthcare. Food in the cafeteria is also affordable and good. Tons of people lined up to sign up jobs there. If you work 200 hours a month you can make approximately 8000 RMB, in equivalent to 1100 USD. It’s not great pay but okay for many working class families in China as merchandise in China aren’t as expensive as their prices in western countries.
Just like 2 or 3 years ago. Endians was saying and boasting Endia will take over China as the world manufacturing hub and super power. Thousands of factories are closing in China and moving to Endia. So, what happen now?😂😂😂😂😂😂😂
Chinese innovation comes up with Chinese characteristics- just as Chinese written script charecters are different. German/US/whatever country- has to adapt to those technological differences and even get those improved. Only a total copy of such technology by compulsory hand over of technology to the Chinese would create a western product in ditto
First of all, China has the high quality manpower that high-end industries like chip manufacturing needs, it is not about cheap labor, secondly China is a manufacturing hub that facilitates the supply & obtain of materials needed; China economy is going to be about 2 -3 times the size of US is quite normal consider its population is 4 times that of US.
Why not india? we have 273649493636 new toilets for elon
Because those toilets are no roofs and doors!
@@eycoregamer7143 they're mars proof and worshippable
Ask Elon Musk why he gave a snub to Modi's and visited China for business talk.
Ask your government to lure Singapore to invest in India. Cash rich country 😂
@@eycoregamer7143
😂
Yes, big risk not to be in China.
Instead of comparing China with India rather compare it with:
1. America.
2. Japan
3. Germany.
This makes more sense.
At least that's what Chinese do. No one talks about India in China. India is a joke in China. That's the fact.
On the surface, China's gdp per capita is far from comparable to that of the United States, but China's overall efficiency is ten times that of the United States😱
gdp per capita is fake. I have lived in U.S. and Canada. And I choose China to live !
If China efficiency is 10 times that of the United Snakes then it must be 20 times that of Engdia.
To accurately assess a country's standard of living, we must consider purchasing power parity, not solely GDP. Most individuals spend their entire lives within their own countries
Because of their population.
I think what many people out there don’t quite understand when it comes to investing and setting up shop in any country outside of your own is that you don’t have a lot of control and the overseas sites have a lot of autonomy. They’re essentially like a franchisee or partner in some ways rather than direct subsidiary or contractor. It works roughly the same way in all countries. Many businesses choose to work in China because they have enough trust in the locals of the China site or partner to do what it takes to get the job done and possibly go beyond that for more benefits and growth.
For those constantly comparing this to India or elsewhere, if businesses aren’t investing the same way as in China, it’s probably because they don’t have the same level of faith that the locals of that country can do the same as the China sites.
Have you noticed that he wants to tell the whole truth nothing but the truth....but he carefully crafted the way how others want to hear it.
Elon musk and Tim Cook know what they are talking about, to make it even better India should work together to create a super Asian power. Asian power will rule the world
working together with India? you are not paying attention to past Indian business history of five decades.
India wanted to order electric buses from BYD. BYD demanded cash upfront. you have to ask why? India has that kind of reputation.
India's culture will be a drag on what you propose. China and the USA should quit fighting and join forces.
Do you dare to check the responses under your comments？
@@willengel2458 For many months last year Elon talked to the Indian Commerce Dept about setting up a Tesla assembly plant in India. Every news channel, mainstream or otherwise, was abuzz & it was "stop press" left & right. Modi boasted about it & 2 states were vying for it. Then sometime in May 2024 Elon said he had to skip.. gave some flimsy excuse. A day later he landed in Beijing to ink a major deal with a Chinese enterprise. It's hard to imagine how Tesla would work in the Indian scenario. The experiences of Xiaomi, Wistron, Vodafone, GM, Ford, Harley Davidson, etc are still fresh on people's minds. In the same week Tim Cook was in Shanghai officiating the opening of the biggest Apple store in China. Gordon Chang should have been the special guest at the ceremony 🤣🤣🤣
China: When you are on a good thing, stick to it.
India: We promise you we can do better than China, man. Just trust us. 🤗🙄🥴
Very Insightful content 😊😊
Great job
you did not choose china...china chose you...
Yes, you are right, and this is the beauty of the “ART OF WAR”! Giving your competitions the illusions. Let them keep indulging, while China prepares for the next amazing moves. China’s 5000 years of continuous civilization, and with continuous generations of smart (non-corrupt) leadership to come, there sky is the limit for China.
Real story. A company, XYZ (I won't name the company), used to be a multi racial company or MNC. One day, because of geopolitics or whatever, the CEO of the company (non-Indian) steps down and appointed an Indian to be the new CEO. The first thing that the Indian CEO did after that was to "restructure" the company by appointing a new HR manager of Indian ancestry. A few years later, all non-Indian employees were either mysteriously fired or told to leave and so on. The company became a 100% Indian company from then on. This is how they swallow up your company, please beware and aware of such practices. If you're wondering why this example is relevant, think of this example as an Indian corporate practice when managing a company. If Indian becomes president, imagine what he will do to the Immigration department.
These people are insidious.
@@SlimJim3082 They are Indians/India and that is for certain.
Greed is good no government regulations no corrupt unions
No corrupt gpvernment too.
Nobody can replicate Chinese way of lifestyle and work culture. They don't do things blindly, critical thinking is in their blood, simply because they don't like to rely on anyone
Companies only go to where the supply is stable, reliable, and profit generating solutions without political influence and exceptional support at national level.
Chinese are skillful... hardworking, innovative and honest...worker...and government helpful....all supplies available
Hospitals and police stations/departments or law enforcement agencies are supposed to be a safe sanctuary whereby basic human rights were respected and protected. In India, it is a different story.
1) 31-year-old trainee doctor was found "R" and "K" in Kolkata hospital while she was on duty, India, dated 9th August 2024.
2) 33-year-old nurse in the north Indian state of Uttarakhand hospital was found "R", "K", and robbed, dated July-August 2024.
3) "New Delhi CNN-A 13-year-old girl who was allegedly "GR" by four men in India, was allegedly "R" again by a police officer after she tried to seek his help in reporting the initial attack".
4) "Uttar Pradesh: constable Raghvendra Singh booked for "R"of Dalit woman, absconding".
These are merely 4 examples. There can be no mistake that |ndia is the "R" capital of the world.
Let me say. UK warning. India cannot open it encomy. And must wait for 1 hundreds years. Okay
Great spokesman for America. A South Africans oligarch.
why compare China & India.
There are of Different CLASS.
Smart people, skill workers,👍👍👍👍
Good report!
My opinion here is China adapted communism because they want to protect their culture and beliefs , they wanted a secure and well planned economic growth.
Wow! An American that understand
His logic is simple and makes sense. It doesn’t need a genius to figure that out.
If the USA wants to find a low salary country. why the USA is not making
their computer in Haiti.
Any body with a brain will put up their hand and agree.
Because of money😊
The German smart move for picking the piece of cake. 😁
When the world was farming with animals for power the typical farmer said those mechanical horses would
not work. When the computer came along most people said who the heck needs a computer. In the U.S. it is
hard to admit our time has come and gone because people find it hard to admit they let the prize get away
from us so they deny it's happening. Like it or not change is coming.
From decoupling to derisking, now even derisking is reversing. China is a critical part of supply China. It won't be cheap or easy to remove China from the production equation. For any product company to decouple from China is almost suicidal.
Excellent
India superpower saar
Hahahhahahahahahahahahahaahhahahahahahahahahah nice joke
Elon Musk, knowing all these potentiality of Chinese economy, built Tesla plants in China and now export to US market along with other chinese makers? Why?😮
China is open to competition, Chinese producers are concentrated on high-quality products with low prices so any country can sell their products in China if their product is cheaper with high quality than Chinese products other why Chinese consumers won't buy your products. For example, China will never kick out Apple company or Tesla company they must compete with BYD and Huawei.
Because the Chinese is highly intelligent. No one can touch them
Just one reason - Kissinger !!
China is, and always will be, a critically important economy. The nature of "business" is global. Corporations think globally, they are not nationalistic. The hard task ahead is 'negotiation' to achieve a mutually 'fair deal'. People who have been taken advantage of out of their own sheer ignorance, will scream "decouple". Unfortunately, that thinking is self-defeating.
Start, Learn, improve, innovate, produce. India is at the start. China at the produce.
hello Palki are you listening…
👍👍
I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated
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I know that learning the ins and outs of the market isn't for everyone, that's why personally, Bruce Murdock oversees my investments.
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nice! once you hit a big milestone, the next comes easier. How can i reach him, if you don't mind me asking?
China will begin to show the world of what is a "Conscience efficient" society along with a new birth of new consumers -- consuming most responsibly unlike the blind consumption like the US.
Unfortunately things have been changed, they are leaving.
Yeap at least Elon Musk is telling the fact about China economic growth 👍👌💪whereas Joe could not accept the reality that China economy is growing by leap and bound💪💪💪👍
Because they are blind.
❤❤❤❤❤❤❤❤❤❤❤❤❤😂😂😂😂😂😂😂😂😂😂😂😂
Apple - make in India, sell in China
Notice that the Indian sports delegation in the 2024 Paris Olympics scored not a single gold medal -- they are not good at doing things or achieving results. They are just good at talking -- before the games they were comparing themselves to the quiet Chinese athletes.
It's the Quality of the workforce is matter, not the quantity.
Yes, 2023 the India overtook China becoming the world most populoust country but its workforce is poorly educated in comparison.
A much smaller country like Vietnam dwarfted the Indian brainy performance in IMO, IPhO, IChO ... when it came to a number of Gold/Silver/Bronze Medalists. Not only in those International Brainy Olympium but the 15 y.o Indians consistently performed among the worst in the PISA.
The skillful Chinese workforce acquires higher pay ie, crude GDP/Capita, consequently its disposable income's greater. This is profoundly better when the Chinese GDP taking its RMB's PPP (Purchasing Power Parity) into account.
It's even more remarkable when major spendings elswhere (eg, the US, UK & EU) like education, medication, energy, logistics, crime & punishment/unpunishmet, insurance are astronomically high but unbelivably low in China.
These make China not only the world greatest supplier but also its market. Thus, investing in China is the 1st & only Commandment for the global investors if they want to survive & even be properous.
The caste system prevent India to be good as China.
Elon Musk is quite
仁者見仁 智者見智
智者不惑 仁者不憂
見仁見智 見義勇為
👍🏼🇨🇳🌏☮️🙏🙂❗️
👍👍😁🇧🇷🇷🇺🇮🇳🇨🇳🇿🇦➕️👌👏👏
It's Natural Congratulations Hi Guys ❤️🇺🇲🇨🇳🦾😇👋
Well china is not doing well now
Base on mainstream media 😂😂😂
China gdp growth in first half this year is over 5%, better than all western and world majot economies.. So how about your country doing..
The whole world is not doing well, including your favorite warmonger US. Btw, the UK is a lot worse.
Last year China's GDP growth was 5.2%, the American media said the China economy was struggling.
When the US growth was 2.3%, American media described it as great.
When the UK growth was merely 0.x %, American media said it was promising.
How can you trust the Anglo Saxon media? They are just a bunch of crooks and liars.
That's just what communisme Can do
BECAUSE NEW AGE,NEWS LAWS BRICS MACHINATION SYSTEM IS FOR ALL NATIONS ON THIS UNIVERS FOR EVER AND EVER YUDA JOHN THE BAPTIST ORIGINATOR OKOMFO ANOKYE❤
I like China and dislike Musk.
Chinese consume taichi and Kong flu for breakfast. Who else does that.
Better than hindu dung
China is the future of the 🌎. Jealous???
Whenever you ask what's good about poor China, it's always bigger population. 😁😁
IBM just closed China department.
IBM just closed China develop branch
Agreed
China is not the best country.But everything in China is in "not bad" level.
CHINESE MORE RESPONSABLE BETTER EDUCATED THEN OTHERS . . .
ha ha ha Did you waik up just Now?
GREAT CHINA ! CHINA #1
Expect new racist words coming from Whytes.
👍👍