Please enlighten me, what's the difference ...You do know the difference between thermal and hydro capacity and power equipment market in general
Haha, you do have a good sense of humor.Never in India. It was always looked upon with high regards.
So what are you trying convey
India is a free market
every one is entitled to buy from whom ever they want to
India is a free market.Power equipment from China will be slapped with increased import duty by giving preference to domestic products.
New electronics policy & PMA will crush the telecom equipment imports from China.
It has already started to happen. One way or another, domestic manufacturers will climb a good grip.
Check new electronics policy & power ministry's interest to charge increased duty on imported power equipment.India is a free market.
Indeed, resorting to protectionism is the only way out for India. Indian companies don't stand a chance against Chinese companies without support from Indian government.Check new electronics policy & power ministry's interest to charge increased duty on imported power equipment.
Everyone is going after protectionist measures to save domestic companies & create jobs. Look how US is all out to get rid of outsourcing to India.Indeed, resorting to protectionism is the only way out for India. Indian companies don't stand a chance against Chinese companies without support from Indian government.
Dear don't be naive and generalise to say "made in china .. garbage products", China deserve credit for what they have achieved in the past four decades after opening-up of their economy...Well this type of ranting I saw only in the "defensepk" forum against India by the stupid Pakistanis and which is equivalent to "spitting looking at the sky"....Good News ! Its good that we are getting rid of made in china .. garbage products...:cool2:
Such retarded propaganda will work with the slaves in China. In India we have .access to information that allows us to differentiate between the BS you post and reality.Indeed, resorting to protectionism is the only way out for India. Indian companies don't stand a chance against Chinese companies without support from Indian government.
no government on the earth can heavily subsidizing practically every industry,because no government on the earth has enough revenue to do so.Such retarded propaganda will work with the slaves in China. In India we have .access to information that allows us to differentiate between the BS you post and reality.
The customs duties levied on imported Chinese products is Indian goverment intervention in response to the subsidized tax regime by CCP. CCP has undercut other industrial bases through heavily subsidizing practically every industry. Its the same thing that the US does with agriculture. GOI responds to that by increasing duty of cheap Chinese trash.
If the Chinese feel that Indian customs duties are protectionist, then CCP should go to the WTO.
ice berg and nimo, you should be worried about being employed by your 50 cent army in 12 months time. Already exports are stagnating. April electricity growth flatlined. Imports grew 0.3%. Exports grew 3.4%. The middle kingdom is literally running on fumes. To give you an example, copper ore that was hoarded is now being sold back in the open market to get rid of underutilized inventory. Good luck.
China's trade statistics are just a glossy as the rest of the books. According to HSBC PMI, goods made for export have been falling for the last 6 months.China's export only grow 4% in April compare to last year, one of the slowest growth rate recently. Trading is losing its steam and China can no longer grow out of her way from foreign trading. It's time to move direction from outside to inside.
the CCP does have the revenue to do so due to plentiful cheap labour.no government on the earth can heavily subsidizing practically every industry,because no government on the earth has enough revenue to do so.
if so,CHinese government would brankrupt long ago,.
Output in the capital goods sector contracted by 21.3 per cent as against a growth of 14.5 per cent in the same month last year.
If this is not total collapse,what is?
Why, because China is exporting more capital goods, such as power plants and telecom gears, to India.
Yet people here are dying a happy death learning that China has had a less share of "crumbs" in the tiny Indian market.
I think Indian labor is cheaper than China, that is why some Labour-intensive business move to India from China. And the ability of continuely providing cheap labor is the key factor for Indian's development in recent years. Wish your goverment can let them have a comparable good education and training.the CCP does have the revenue to do so due to plentiful cheap labour.
well, the per capital nominal GDP of India is just 1/4-1/3 of CHina's ,so is the average wage of India.I think Indian labor is cheaper than China, that is why some Labour-intensive business move to India from China. And the ability of continuely providing cheap labor is the key factor for Indian's development in recent years. Wish your goverment can let them have a comparable good education and training.
After all, competition of the country is the competition of the people.