China Trade Deficit Outcome Of New Delhi’s Unrealised Manufacturing Ambitions | Geeta's World, Ep 90
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- čas přidán 15. 05. 2024
- #China #US #IndiaChina #ChinaTradingPartner #GlobalTrade #MakeInIndia #foxconn
After a two-year gap, China has regained its position as India’s largest trading partner, surpassing the United States. According to the latest GTRI report, from FY19 to FY24, while trade with the US grew, increasing India's trade surplus, India's exports to China slightly decreased, and Chinese exports to India surged by almost 45%.
Does this mean the trade balance heavily favours China, with India facing a trade deficit of over $85 billion?
This trade growth persists despite India's trade and investment restrictions on China since the 2020 Galwan clashes. Indian politicians often discuss reducing reliance on Chinese imports and boosting domestic manufacturing. So, why can't India stop trading with China?
In this episode of Geeta's World, our host, Anna Priyadarshini, and the foreign affairs editor at India Today, TV Today Network, Geeta Mohan, discuss!
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Produced by Anna Priyadarshini
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Just look at how Chinese companies are treated when they become successful, one would know why Chinese companies are pulling out from India. There is popular saying now spreading across China: "You can invest in India, but don't expect 1 cent to be taken out of India".
Don’t expect anything from a shithole
short sight and greedy mentality of the indian decision makers
India is known as " the graveyard of foreign investors"
인도에서 돈 벌면 인도에서 사용해야한다 ㅋㅋㅋ
@@kogigi2887 especially for chinnese investors
You can not become a manufacturing hub unless you bring down the cost of production by removing regulations,tax terrorism,bureaucratic and political corruption.
regulations,tax terrorism
a failure , right from the start
And the most important problem with India… corruption…. Having to pay off influential people before they can do business in India…
You paid influential only? No!, That is the initial thought of failed business venturers. Any of other government workers have the right to get from you. They passed the extremely meritocracy test. Infact everybody can demand money from you. It is their culture.
When you buy arms, there is usually a donkey kickback.. India has a culture of greasing palms. It is expected and demanded. Doing research and producing them is long term vision and the best have left the country. India got only short term view, and besides long term to get palm greased? That is ridiculous!
This is surprising for Indian media. Pragmatic and intelligent conversation.
But there are still misinformation driving their thinking. China is a socialist state but its business are driven by capitalistic private citizens, not getting this right misinforms important economic and political decisions.
China did not grew overnight, it took decades to reach where they are. It took decades of hiding your strength and biding your time, as it grew uninterrupted.
India's problem is its destructive pride and distrust of everyone. And propensity to daydream instead of putting in the hard-work and humility to grew its strengths.
And the US is a bad bet, it works with you as long as it needs you but attacks you the next day. US wants subservience, there is nothing altruistic about the US.
Russia and China are more reliable partners who will works with you regardless of your politics. But don't expect a free lunch either, just a less intrusive relationship.
India shd be realistic n pragmatic put yr ego aside stop comparing n envying china..have Yr own strategies and chart yr own course ..be master of yr own destiny..be the quiet achiever .admiration n respect will come your way..i wish india all the best..
The only reason why India is stern on the border issue is because the British drew a line without the consent of China. India should just get over it and resolve the border issue and get along with doing business.
China will become a cheerleader of India if it cedes all Himalyan regions, North East to China. Will it be acceptable to India then?
Bro first China should vacate Tibbet, China is not our neighbour.
@@Saurabh_Utter-Pradesh Try it. you will got dehli, new dehli, new new dehli, new new new dehli.
They are an emotional people and the media fans the fire.
Kalapani was encroached from 1962 by |ndia using its military. In 1952, Nepal gave permission to temporarily place |ndian Armies in its Northern boundary foreseeing the dangers from the Chinese side. In the year of 1962, India made a bunker in Kalapani and placed its camp there, as the China-|ndia war broke out. At that time, the there were 18 |ndian camps including Kalapani, inside the Nepalese borders. After the war, when Nepal asked the |ndian side to remove its armies from all Nepalese regions, |ndia removed them from all the places except in Kalapani. And even till now, Kalapani is under the |ndian Military’s control. One step forward of the military encroachment, |ndia took a political step in encroachment as it added Kalapani to its border on the new map published by Survey of |ndia on November 2, 2019.
As soon as foreign companies investing in India started to show dominance in profits &/or market positions, you then strangle them with predatory and vulgar application of laws and enforcements. These MNCs include Ford, GM, BYD, Vodafone, Harley-Davidson, Carrefour, Henkel, Cairn Energy. And most recently, Telsa has just halted plan to invest in India......that is worth pondering.
Former Singapore prime minister Lee Kuan Yew said India and China cannot be mentioned in the same breath. China is on another level. India is obsessed with China's global standing vis a vis India but people in China hardly talk about India. The fact that China is now India's largest trading partner is not even mentioned in China's media.
Because China is the biggest trading partner with more than 100 other countries, India is just one of those countries.
India becoming A MANUFACTURING HUB😮 ???
LIKE China? EMULATING China??
IMITATING China??? COPYING China????
That is an EXTREMELY SHAMEFUL, SHAMEFUL THING to do!!!
India 🇮🇳 is Not A COPYCAT! Indians are Not COPYCATS!! No PROUD INDIAN Worth His/Her Masala would Bend So Low as to COPY CHINA! Or like the Copycats Chinese!!!
😊
It is shameful for India to be buying LOW END products from China like umbrellas ! Probably there are thousands of similar products.
Who to blame when India has highest population 😮
Are Indian people LAZY ? Or is it due to poor planning and insufficient support for small industry ? Can every village be encouraged to manufacture 1 product and it can be a side income for the infamously POOR Indian farmer ?
Many evidences indicate that India is famous as a cemetery for foreign investors.
Even Indian in foreign land don't invest back into India....
Corruption all over, predatory attitude and short term vision of anything
Comparing India to China is like comparing apples to oranges as they're two different peoples with vastly two different sets of social and cultural values.
Brother, please give us 50 years 😅😅
@@balajib1406OK. Give you 50 years but tell Palki wait 50 years before bragging
And two different political systems too
not apple to orange, but apple to bad apple😂
Actually, they are not that different.
Nobody can beat China supply chains. Not only they have biggest supply chains but also largest lucrative market. The high end supply chains will always in China. Only those low end are moving out. Most of the important composite materials are monopoly by China. The refine technologies also in China. They are in the innovation era now. They can build anything by themselves without foreign technologies. Even if foreign companies moving out, China have local companies to replace them. So the supply chains is still in China hand. They can build Chinese space station, high speed train, aircrafts carriers, destroyers, latest nuclear plant, magnificent humongous bridges, excellent highway, stealthy aircrafts, hypersonic missile, many types of rockets, leader in green energy, quantum technologies like chips, computer and satellite, super computers, amazing EV cars, heavy duty trucks , commercial passenger plane, helicopters, semiconductor chips which Huawei already can produce 5nm chips, mobile phone, etc. Many more to come. Like Mr Jacques said next China is still China. Remember that.
CHINA is the best Nations in the world.
Central east Asia nations Number 1
In the world. Not INDIA.OR Bahrat.!
yes, India could be a perfect spiritual hub, but not a manufacturing hub
Corona has shown China spreads only disease and all supply chains broke down
Except the communist party nobody trusts China
Badmouthing another country won't make you a economic power 😢
Better ask them to take care of their own lndian backyard before commenting on others 😅
as long as your country's overall trade balance is manageable, trade deficit to China is ok. In fact, India should be thankful that China is in your supply chain so that you can manufacture for export
India talked Big & Loud but do little. LoL 😂
if you want someone to hype up your business, get the indians...... if you want someone to produce for your business, get the chinese
But do nothing not a little
China is a land of disease
Why do you want to stop trade? Are you out of your mind? Trade is good for the people on both sides!
The best thing that India can do is to have a close relationship with China, work with China. Understand how India could compliment China any industries and capitalize on them to grow. Not compete on the same industries or products.
India's attitude, Chinese will pass the extra business n know-how to Cambodia Vietnam Africa Mexico Indonesia
Russia is best middle man in this issue
I have been watching the Indian media for several years, and they report every day that China’s economy has collapsed. Why do China and India still have trade deficits?
its india wishful thinking
The fact that Ukrainians prefer the civilian grade drones from China than military grade drones from the US indicates the challenge facing not just Indians but the all the Western world decision makers.
Ukr should have become neutral and profit from Russia AND the West instead of fighting for the West. That is as clear as water
Maybe the u.s. didnot give Ukraine their best drones, which are preferentially given to a Middle East country
Haven't Ukrainian people got Corona to experience the greatness of China
One big problem is that India's business environment is not friendly to foreign companies.
Every department are deeply corrupted including the tax department connected with central government officials.
在那些搞选举制度的地方，如果你要发展经济就要全球化，就要竞争。就会伤害本地的产业。就会伤害你的选票。如果你想要选票，你就得搞保护主义。就会妨碍经济发展。
agree, forget india!
xenophobic
It gets to me that every time some Indian people starts talking geopolitics, they have to mention China. China is this and China is that blah blah. It is kind of funny listening to them and comparing themselves with China. Even though China may not be the main issue to be discussed. Even, at this conversation Anna said, when Indian elections come, China is one of the main subjects to discuss. It is obsession or what? I don't think Chinese people behave the same way towards India. is it so? When I was a lot younger, I was told by my father never to compare yourself. Just do well whatever you are getting into. Don't look around. Because when you compare yourself, especially if that some one is less advanced, you will feel like Superman, but when you compare yourself with someone more advanced, you will feel defeated. That is when you start excusing yourself.
This is the "democracy" at work. Politicians need votes then a tsunami of lies follow. China has it's own way to select competent people as leaders.....
Nobody cares about India in China. Normally, only when India did something to China or something great will India come to the attention of Chinese people.
let him continue to maintain that character, their negative aura is very high, so they are chained to their own problems, their arrogance, arrogance kills themselves. Chinese people work and fight for their country, Indian people also work, spread fake news for their nation. Losers don't ever won
Too many foreign companies failed in India, due to whimsical government rules changes. India does not seem to allow foreign companies to be successful.
India is known as genius but in reality on the ground it is like a 1800 century County
Understand the logic, The foreigners who wants to open factory in India actually get in the trap thinking that India is a big country and can make money, but reality is different, most factories closed in India because of huge bribes by politician's and government servants and if not paid, they have been penalized for something and they got fed up and closed, Thank God Foxconn didn't start after making infrastructure to start and closed and went away, this is because of huge demand of bribes, This is the result,
India needs to cooperate with China to turn itself into a global manufacturing power, with seamless integration with global supply chain.
It has long been China's stance that "Put the border disputes aside, let us cooperate on everything else. "
An emerging power like India cannot let its development be kidnapped by border disputes. Be rational, realistic and pragmatic. Don't let ultra-nationalism make you hysterical.
Look at Japan and S. Korea. These two East Asia neighbors can sit down for negotiations and cooperations, despite of their long time disputes over the sovereignty of the Liancourt Rocks in the sea between them. That is political wisdom and diplomatic maturity on full display.
Other countries such as China and India can definitely learn from S. Korea and Japan to manage their difference on borders, LAC, or whatever, and develop their relationship for the benefit of the economy and people.
The US, with its dirty "divide and conquer" tricks, doesn't want to see BRICS countries developing fast together. They'd rather see the two neighboring Asian giants, two of the biggest members of the Global South, fighting, hurting and weakening each other, in order to maintain America's hegemony in Indo-Pacific for as long as possible.
india culture is about saving 1 tree and destroy the whole forest.... also their caste system oriented society is holding the country back.... one person said about the mentality of indian.... they only enjoy expensive whisky if no one else is drinking the same brand..... they don't care about others than themselves as individuals
The borders was created by the colonial power. India and China should work together from DAY ONE! The USA is setting India against China for her own gains. India should wake up. The USA is a war monger and instigator. What did India bought from the USA, weapons?
Sell the disputed lands to China for 1 trillion usd, problem solved.
with hostile atitude towards China??
China settled down border disputes with countries like Russia and Vietnam and gained decades of growth. I bet Indians would never learn from this.
I have heard that many large foreign companies being mistreated by local Indian authorities and go as far as arresting the company's management members
Sounds like a page out of US tactics on arresting corporate executives to forcefully extract concessions
India is the graveyard of multinational companies. One billion into India, you'll be lucky if you are not in jail and a billion in debt.
India needs 100 Adani, bur Modi only support one
😰😰😰
India is not competitor, India depends on China.
We do business both with china and India, India is 30 years behind China.
India should build close relationship with china.
US will never let India surpass them😮
No worries, they'll never have this problem if it's India, the Americans are quite confident in it. 😁😁
You are absolutely right. India will never win against America onslaught. Only China can defeat America.
@@andrewlim7751 India wil l be the next USA (super power), USA WILL BE the next india. love from china to both country
India dont want that too
2024 is the watershed. The US will be very happy to be settled with the #2 military power, after China, thereafter. And Germany and France will have China to back them up, against the US bully. The US will only have India to bully. And India have lost China to back India up. Or , has it? China will need India to boost per capita towards $40000-60000, Developed.
Every countries can’t stop trading with China,China product the cheapest and very innovative.even eu and America can’t stop trading with China..
High end products is always in Chinese hands.
Why is India obsessed with China?
envy?
You damn right
Bad example for tyrants.
Indians are the most delusional species that have ever existed on earth
Obsession is the result of extreme desire coupled with attainment improbability
South Korea with only 50 million plus people does 3 times the trade with China ( over $300 billion dollars) compared to India each year. India has over 1.4 billion people. 28 times the population of South Korea. That’s incredible 84 times more than India per capita
There’s no such thing as balanced trade. Those who produce more will always have a surplus over those who consume.
When China gave the go ahead for Tesla to enter China, their EV market was still fragile but China welcomes competition, stronger the better. Fierce competitions eventually benefits China. Now China is number one EV market and manufacturing nation
China’s infrastructures and brutal efficiency are some of the advantages. Example, Shanghai Tesla gigafactory: it only took 9 months to go into full production. Other countries: 3 to 4 years. One Shanghai factory accounts for half of Tesla’s global output. There are 4 gigafactories. China dominates and excels in manufacturing and efficiency
China’s total trade with the world is $6 trillion dollars plus per year. It’s still growing every year. Total trade with India is a mere $110 billion dollars. Accounts for 1.7 percent of China’s total per year. Negligible
Could it be a coincidence that imports from China increase and then exports to the United States increase? If India wants to make more money from the United States, it is the fastest and easiest way to import Chinese materials, reprocess them, and sell them to the United States.
That's basically their economy 🤣🤣😭
Just like what's INDIA is doing with RUSSIAN OIL. After processing, SELLING IT to EURO Countries.
well said. this is smart move
India imports INEXPENSIVE pharmaceutical active ingredients then exports the finished product (medicine) to USA
Yes. No need to reprocess. Just import from China, slapped on a "Made in India" sticker, and re-export to the US. Win-win-win strategy.
The biggest problem in India is that it only wants to reach the top in one step instead of step by step. But everything is accumulated slowly from the small. So, India always thinks big, but in fact it cannot be achieved.
India controlled by a small group of people ,just like the US...they are corrupt also.
Essentially every step India takes is 2 to 3 or more steps backward as its end result, but worse yet, India sees it as a leap forward and congratulates itself and scatters its achievement around as a big big victory.
India is a superpower in a hurry as its time hasn't come yet. Instead of beefing up, it is too obsessed with historical baggage and emotional, too. Just cast aside differences, concentrate on mutual benefits and move forward. Don't let a third party like the U.S. use it as chess piece to contain each other.
I find India anti-China bias so silly - not that it’s unwarranted but it’s not the best strategical attitude to have right now at such a critical time for Indian history. China has territory dispute with many SEA countries and yet trade continue to flourish and benefit these nations. Vietnam is always at odds with China but they, as well as SEA, pit China against US and reap the advantages. For India to paint China as a rival/competitor because of border issues is doing India a disservice. The only thing it benefits are those wanting to win elections by directing anger toward an “outsider”. Of course border issues is not an irrelevant issues, but unnaturally drum it up does not benefit the Indian people from an objective POV. India stand at a great inflection point in time where it would benefit tremendously by being friendly with both China and the US, which it can easily do because it has always has a non-alignment attitude. US love people to take side but China don’t care. If Indian government really care about the future of the nation and its people down the road, they would stop riling the public with anti-China sentiment. Instead it should tell its public to be neutral (neither China or US are friend or foe) and think objectively what Indian can do with China and the US that benefit Indian the most. It’s really a shame that the Indian media had created an anti-China bias amongst its populace to make a few bucks or help those in power to win “democratic” elections. And not focusing on the benefits of its motherland for the long term.
Yes but modi gets to win election on border issues, and thats what politicians care about. Plus, now that the people are radicalized, you can't undo it. The course is already set.
Who is funding the Indian media
Bingo at.40:55, and there is your challenge... you have adopted a Western style 'democracy'. Look up China's Whole Process Democracy. But I don't forsee India every adopting such a form of governance. ☯
If India gets anywhere close to where Chinese is today, the West will lose most of their well paid jobs. U.S. and the rest of West will never let that happen.
US and China is a rival. India hasn't reached that level to qualify as a rival of either country yet.
Indian logic: As long as China dies, we can develop.
Chinese logic: We can develop well together.
India is a religious country and I don’t know where I learned this terrible mindset from.
印度是世界第一民主国家😊 每个印度人都挺自豪的
China has boarder dispute with Vietnam , Malaysia , Russia , Nepal and few other countries , but they all achived win win partnership with China . EXCEPT india !
并不准确，与中国没解决陆地边界问题的只有印度和被印度干预的不丹。
@@but_at_what_cost its india that has issue with bhutan having any rapproachment with China.
Russia and China don't have border disputes, it was settled in the early 2000's. Of course Chinese nationalists are still painting parts of Russia as China, but it is not government's position unlike the South China Sea where it's not only painted on maps but also acted upon it.
lol India today apparently is not mainstream media!!
The whole Indian society has a slave mentality. India has a structural problem and needs to reform its bureaucratic processes, land bills, farm bills, and law and order liberalization. Once these basic issues are addressed, then we can talk about cooperation with other countries. Political parties are winning elections with corrupt and criminal electorates. If politics is more profitable than innovation, then the country is destined to die.
India needs to evaluate its place in the world objectively. India can become a destabilizing force in the greater region if its enticed by the western narrative of "India becoming the new China".
Actually India and China are like brothers. Both are very old cultures and they can complement each other. With the help of China, India can get great infrastructure and the right conditions off the ground to uplift it's huge population whilst the spiritual grounding India has can provide hope and belief in higher, immaterial purpose in life for the huge population. Of course, the both sides had its differences and conflicts but that happens to even the best families.
In 1980 both India and China had almost same sized economies, but after that China accelerated. India was a democratic country but followed a Socialistic economy, while China though a Communist country, adopted a Market economy. With a cheap labour and a huge market, China became attractive as an investment destination for Western Countries for manufacturing. Also Hong Kong and Taiwan played a huge part in attracting investments and technology. Also China took advantage of economies of scale, by building huge capacities of whatever it produced. By the time India opened its economy in 1990, China was already ahead of India as a low cost manufacturing hub for the world. India on the other hand was focusing more as a services hub especially IT related services. Unfortunately services sector could not provide employment to majority of the population.
In 1980 China had a much more advanced and bigger economy than India if you check any agriculture and industry production. China didn't have GDP concept in economical data back then. The gap was even bigger if social development is compared.
Stop making excuses
Just admit it they are just far more superior. Hardworking, discipline clever workforce 💪💪💪
also instead of sharing last cent of profits with the investors.... china opted for voluntary tech transfers and joint ventures so the tech and manufacturing skills went up dramatically
@@fatdoi003
The western multinationals went to China at the time because of their weak labour laws, weak environmental laws, mass pool of cheap labour they could pay dollar a day wages to
And yes weak IP laws that went along with it
In exchange the western multinationals traded knowledge and investment
This was nothing new, the west goes to 3rd world or developing nation takes advantages of this country until the locals complain about wages, pollution, or environmental damages. Western multinationals pick up and run for it.
I would argue yes they expected the Chinese to buy 1 billion toothbrushes and 2 billion socks
But they didn’t expect them to enrich themselves
My evidence is even before the west pushed for Chinese WTO inclusion the Top of the food chain 1%ters and their TooBigTooFail Investment Banks worked out the worst deal ever for themselves
Where these TooBigTooFail Investments Banks got a 33% interest in a “Joint Venture Chinese Investment Banking Subsidiary.” Where the Chinese Bank got a 67%
Difference is the Chinese didn’t complain they put up with those dollar a day wages making 22 times less than what an average American worker made. Yet saved 30% of those wages over 30 plus years. Indirectly loaning those saving to those Americans so they could spend their savings and borrow to spend some more.
While the Chinese invested or made a business with their savings
Where the Chinese lowered their standards of living while the Americans were able to raise their standards of living with those cheaper goods
If anything the Chinese were dragging their feet on the TRIPS agreement under the WTO….specifically regarding developing countries
These days while the Chinese lead the world in 37 of 44 critical technologies of the future
The train or thought is to strengthen Chinese IP or decouple
When you want to have your own supply chains and productions you have to have much more efficiency and effectiveness of governance, instead of corruption. Otherwise, you will fail again and again.
What India should learn from China is, build your own version of democracy. I see Indias hasn't reevaluated democracy enough for its own conditions so their government of such huge numbers of people is chaotic and inneficient.
A country, full of young and smart people, but why still is the poorest country? I have a solution -”let other people to take advantage on you”, if you can keep this mind setting, you will be successful!
Indians lack integrity. My clients come from more than 60 countries around the world. My least favorite customers in two countries are Nigeria and India.
Arrogant leader, corruption norm....
25:00 As India is working in decoupling China, China is helping these countries GDP to be equal or better then India within 10 years: Ethiopia, Sri Lanka, Egypt, Angola, South Africa in manufacturing, trade, education & transportation.
To become a manufacturing hub, logistics should be preceded. Can India's rail/road infra compete with China's?
Yeah India is making expressways, dedicated freight corridors and manufacturing hubs.
Many of them are about to complete and left will be completed by 2026.
We r just making foundation now but Congress(pro China) just want to gain power somehow by instigating population.
China just KIV India an aspiring Super Power like John M said.
China should invest more in Africa 🌍 continent. Africa countries trust Russia too.
So, both China and Russia can help Africa continent in Securities and Economically.
Every one can stop trading with China. But the question is at what cost? Trade boosts GDP. China still trades with the US, eventhough China has reduced the US from #1 trading partner to #4, due to a very hostile US. China does not reduce trade with the US. But China does it through increasing trade with ASEAN, EU and Japan & Korea. And now China is focusing on the Middle East, Latin America, Africa and the Central Asia. This way, China can continue to dominate the world on real GDP (PPP price adjusted) since 2017.
Alternative supply chain? It is a good idea only if the alternative provides better and cheaper substitutes. Otherwise, the alternative is just a wet dream.
there are huge regulations problem in India. from taxes, investment, withdrawal, bureaucracy, etc. even MOTO GP withdraw from India. The indian financial ministry tried to tax the MotoGP racer based on their yearly contract. imagine that
Chinese here. I enjoyed Palki Sharma very much. I know she is just a pretty face and silver tongue for the West. There are many Indian news outlets were funded by West money to sow hate between China and India. But for these two young smart women, who are calm, articulative, intelligent, and with a deep perspective for history and technology, SCARE THE HECK OUT OF ME. If Indians listen to these smart people, and actually cooperate with China, and use China as the wind beneath their wings, I AM SCARED. I am not trying to be ironic. I am actually sacred. We want more Palki Sharma, not these two young people.
India number one. In the world, every sector ( palki sharma
😂😂😂
It's May now and you are still telling April fool joke.
it was such a spectacle when she was schooled by John Mearsheimer
@@fatdoi003 if looks could kill then Mearsheimer would be dead a long time ago
She is the worst propagandist ever
please clarify the details categories of trade deficit.
There are lot of India infrastructure, metro projects, fertilizer factories, electric power plants, cement factories, etc are built by China made equipments, designed and technology. That are largest portion of the trade deficit for India from.
Without those China made equipments, technology and machines, India growth would slow down.
Or India have to important from other countries with higher costs.
And pls list what India products can export to China that India products are competitive with encounter parts in world markets.
India main problem is they are like US worry too much of china and daily nagging about it. Get out of American shadow India will perform better.
1.India does have big Mouth 👄..........Make In India is just a JUMLA from JUMLE BAAZ......
2.Due to low purchasing power of Indian is biggest problem for foreign investors............
3.Due to high skills workers foreign investors shift to Vietnam, Philippines, Indonesia, Malaysia..........
4.due to low skills workers ( labor class workers) is another problem for foreign Investors in India.........
Don't try to overtake China in 10 years. Of course, you can have the ambition to overtake China in 5 years but work hard and do it quietly.
Sweet dream dude 😅😅😅. See you in one hundred year😅
The difference, China sell 10 billion to India, its need 10 super containers to ferry the goods. When North America sell 10 billion to India, it just needs a normal cargo ship. What are the goods on the ship?
Indian talk alot , Chinese just do it🤔
Is India current situation in the position to talk about alternative supply chain?
Can the G7 Allies supply what India need?
Anti China for the sake of anti China, doesn't benefit India at all, except India's politics.
Notion is not wrong and legitimate, but wrong timing to act upon.
Businesses will not bother with impractical ideas.
Businesses need to make profits.
India need rapid infrastructure development to be ready for the opportunities, chapati doesn’t drop from sky automatically.
The military treaties BECA and LEMOA and the opening of Indian Navy ports for the USA navy was geopolitically cowardly, stupid and harmfu
Respect two beautiful girl. This is the way to improve India not like some India especially WION and Finpoint use negative China instead of improve own country. I respect your talk. Good fact and suggest how to rival China not only bash China. Hopefully your dream to improve India comes true
India should realize and thank Russia and China to enable India a very low cost to have value added export.
Finished petroleum product
Cut and Finnish Diamond and gems
Finnish pharmaceutical product
Texttile and garment
Electronic equipment and Machine
You should thank the industrial leadership of India for choosing a better value added level. Then Russia and Some Chinese firms.
No country could do everything well. So choose your value added niche well.
Indian people need good schools for everyone, basic healthsystem for everyone and enough healthy food for everyone. FOR EVERYONE! start now and take your time.
Why are you not talking about interest rates? It’s the ONLY reason India cannot match China in manufacturing.
I have been there ,hard working smart people all proceedings taken away by upper classes ,nothing left for development .
India needs more Bureaucratic reforms than economic reforms. We are still administered by the British structured bureacracy, which made India from the second-largest economy under Aurangzeb to a pauper state by 1947.
India and China are not competitors?Tell me in which fields do India compete with China?I cant think of any
Toilets building sector: india wins.
Never, never to invest in India, India is the graveyard for all foreign investors.
All Chinese enterprises must withdraw from India, which is not suitable for investment.
For the past 10 years interm of GPD , india only growth 1.5 trillions usd , China achived 8.9 trillions usd .
19:00 China has one important part that US, India & G7 does not offer: China's non-interference directive of others.
The way Indian's fussing about China being the top trading partner is incredible. Indian's dream to be a manufacturing hub is destined to failure if unwilling to increase trade with the world's biggest trading country.
The most bizarre thing I have ever heard is that India has renamed half of southern China's place names as if these places were Indian territory, so India should not discuss China because the way to use weapons is more direct than talking.
JiaYou 🎉❤🎉❤🎉
Dearest ❤ comrade ❤🎉❤ India 🇮🇳
India have big dream but always stop after talking 😂
How do you trade with a country where sending and receiving wire transfers can take upto a month!! RBI also needs to be shut down. The harassment to business is extreme.
不了解，印度人为什么老喜欢跟中国做比较，好多好多这类的视频，印度跟中国都不在一个段位，更没有什么可比性(除了人口)。再多的讨论也没什么意义，有什么意义？有意义吗？自嗨？口嗨？印度还是先搞好教育和发展经济吧。
三四十年前两国同处相等经济水平，而现今无法逆转的经济水平差距衍生出印度人的 “羡慕嫉妒恨” 心理。
18:00 Supplies Chain issue: India can access option supplies chain worldwide like in EU, USA, Canada, Australia, ASIAN for China does as well go there time to time, the only different is China part suppliers "quality, quietly, prices and services" in delivery. India manufacture just can't find a better supplier chain, then in China.
If you want anything said, ask India, and when you want something done, ask China..
Whether India can be the next China is debatable or unforeseeable, but one thing is certain...US will be the next India in the near future..
I like these two beautiful women. They have a very warm, calm, and respectful attitude discussing important matters. Unlike their Indian male counterparts, just a bunch of angry and jealous jerks when discussing about China relations. These are the kind of people India need to lead India.
The fact that the two countries have not settled their issues and are blaming the British seventy years after independence shows the limited visions of their foreign policy establishments.
China sees no harm learning or copying from anybody , improvise , reinvent - to achieve their goal
india has too many boundaries and red line , restrain and restriction - making it impossible to work the common goal
Countries by IQ - Average IQ by Country 2022. India ranks 143 with 76.24 average IQ.
With an average IQ of 104.1, the People's Republic of China underscores its dedication to education and intellectual growth, contributing to its economic and technological advancements. where is the brain?
A country without principle or vision only with bravado.
Why does India not want to trade with China?
You keep buying from the lowest cost provider until a cheaper alternative appears.
Well, it’s a good program, but I don’t think Ms. Geeta understands China profoundly well to get the real root causes of the problems of trade imbalance between India and China. Maybe Ms. Geeta could take a trip to visit China for a few days, she might be thinking differently.
To be manufacturing hub one has to be really free country. India has transfer of power not freedom. We have same Colonial laws, judiciary, police, educatipn, corrupt and difficult beurocrats. West does not want any one small or big to be their competitor. So our big bussinesses are basically back office, agents and no original product. We need another freedom movement to complete the incomplete freedom to end the crony capitalism of few Marwaris, Gujratis, Parsis, to finish the colonial laws and cultures.
India is a super power country, they need plenty of materials and equipment to substain his own consumption and Manufacturing. That is why india imported a lot of relatively cheap raw materials and equipment from China.
what compartite india cannot come close to china only because india need china technilogy and batteries
why are they so jealous and ambitious... No pain, no gain. Is that so hard to understand?
12:00 China secret: Deng Xiaoping said "It doesn't matter whether a cat is black or white, as long as it catches mice."
1) Education, education, education for ALL citizen !!! India has not.
2) China have 90% educated return, India have 13% educated return to construct Business.
3) China has no "class" differ nor "sex" in all business, market... India still have Caste System
China did not became a manufacturing hub overnight. It took them 3 decades to become a manufacturing hub. I experience the tranformation China becoming a manufacturing hub. I when to China in early 1980s doing business as a regional manager for a MNC. However, the MSM perch it as like over night India will boom into a manufacturing hub. Be come a msnufacturing hub is a process.
Indian creating fictitious enemy of China for no reason. 😅