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    Indian Economy: News and Discussion

    Is that your religious belief? Telsa's products, even the Model 3, are generally treated in higher range comparing to Chinese local products. There are plenty of Chinese online videos prove that by disassembling Tesla and BYD cars side by side. From design, manufacturing quality to components...
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    Indian Economy: News and Discussion

    Tesla's sales in China had been increasing since 2020: The only decline so far was Feb-24, but in Mar-24, sales growth was resumed. And the fact was Tesla just added another 200,000 production capacity to their Shanghai factory, made it the largest one in their all giga factories and counted...
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    Indian Economy: News and Discussion

    Why would they like India to be in their 'camp' if they didn't need India during that period, not at the price that India was asking. Making an alliance is two side transaction, asking India to join western side also requires US to pay the price. Just like what India asks now: you want me to...
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    Indian Economy: News and Discussion

    First of all, USA already had a big military base in Diego Garcia. Secondly, there were plenty of USA's allies there were willing to provide military bases for USA military force, but they declined until 1980. Why? They didn't need! There were only 2 routes for Soviet navy entering Indian Ocean...
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    Indian Economy: News and Discussion

    Having India as an ally against Soviet for what? Soviet had no direct border to Indian Ocean or Middle East: her land force was thousands miles away with several other countries sitting in the middle; her navy had to travel thousands miles before entering Indian Ocean. So, basically there was...
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    Indian Economy: News and Discussion

    Align with US against whom? Soviet which is thousands miles away? China? Once Sino-Soviet relationship broke down in 1960s, China was slowly moving into USA's side. Ironically, India was the target that USA was worried about during cold war. That was why USA sent her fleet to warn India in 1971...
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    Indian Economy: News and Discussion

    That was not any India government could decide. It was the geopolitical situation at the time force India to choose that way. Americans' geopolitical theory has always been oppressing any potential power who could dominate any territory. India was and is the one who can dominate South Asia and...
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    Indian Economy: News and Discussion

    I doubt it was caused by the invasion. Here is the oil price history: Crude Oil Prices - 70 Year Historical Chart | MacroTrends You can see that except a sharp rise around the end of 1990, most of time from 1985 to 1995, the oil price was hanging around between $40-$60, lot cheaper than 1985...
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    Indian Economy: News and Discussion

    This is a misunderstanding of East Asian strategy. East Asian countries have never stopped the cheap importing, they limited them by imposing limited tariffs. The extent of tariffs were carefully calculated to make sure that the domestic products can have a price advantage big enough to offset...
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    Indian Economy: News and Discussion

    Because banning imports is not the solution. Making your exports more competitive is the key. India has been sitting on trade deficit for long time. Stop cheap imports will only make things worse since no one can scale up her industrial base overnight. Well, what India give back as the...
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    Indian Economy: News and Discussion

    Check again. The source is coming from international transparency.
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    Indian Economy: News and Discussion

    Well, then what is the basis of claiming that Modi reduce most of corruption? Personal feeling? Or just the newspaper say so? Maybe the way they calculate not perfect, but as long as they are using the same method to check every country all the time, then it has some meanings.
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    Indian Economy: News and Discussion

    Really? India Corruption Rank (tradingeconomics.com) Global Corruption Index 2023: India Ranks 93rd Out of 180 Countries, Was 85th in 2022 (thewire.in)
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    Indian Economy: News and Discussion

    Does anybody believe Chinese is not an issue here. It is India that is trying to charm the outside investors.
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    Indian Economy: News and Discussion

    Well said. India should tell the whole world: India has no environmental issues, India workers are fully protected and well paid. The problem is: does the world believes you and does the outside world care?
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    Indian Economy: News and Discussion

    That is not true. Poor people don't choose. The problem is that new manufacturing factories no long require that many people. For example, one of Thailand company - Charoen Pokphand Group just built a smart factory in China to produce dumpling. In the past this kind of factory would have 200...
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    Indian Economy: News and Discussion

    That is the question that every rising economy has to deal with. And they have the answer: industrial robot and RCEP. Low wage is not enough. The speed is critical. Now, it is the race between Indian workers and West/China machine. No doubt you will have a chunk of it. The problem is how big...
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    Indian Economy: News and Discussion

    Well, I already showed the data and source in my previous post (including US total investment in Hongkong until 1995). On the other hand, so far we haven't seen any data from your side to support your claim that majority of Hongkong investment into China was actually from West.
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    Indian Economy: News and Discussion

    I agree with that the West did use this investment route to certain extent. But our argument here is: did US tried to boost China's economy through their investment in HK? My answer is NO because: 1. US's accumulated investment in HK by 1995 was too small to make a big difference; 2. The HK's...
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    Indian Economy: News and Discussion

    Oh, yes, people not knowing history will imagine that US companies made big investment in China through Hong Kong in before 2000. The fact was not like that. 1. In 1980-1990s, the most of the business that Hongkong invested in China were factories producing textile, shoes, toys, small...
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