@Godzilla bro need some Milktea to ease your mental torture, I can conjure one IF you need too...lol look at @Coalescence , he had try it and look how relax he is...lol
Indian Economics thread.
- Thread starter styx
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Milk tea with a whiff of soothing cow dung?
PiSigma
"the engineer"
78 billion trade between ASEAN and India is a rounding error for the trade between China and ASEAN. In 2021, the China/ASEAN trade is 878 billion, exactly 800 billion higher than the India number. So why would ASEAN care about some connections to India?
Not sure if you ever been to Thailand or Malaysia, but they aren't exactly flat. Terrain is not just about mountains, but rivers, swamps, jungle all are not fun to build in. Myanmar is only flattish in the middle, but since you want to go through it to Thailand, that's two mountain ranges got to go through.
Also have you consider the temperature variations on material? Sub arctic in Nepal to tropical in Singapore? I'm pretty sure India don't have the steel mills to provide the speciality steel.
But I think I'm getting ahead of myself, let's see India build even 1 meter of HSR track first anywhere.
India's bilateral trade with ASEAN economies is expected to reach $300 billion by 2025, and it is the fifth largest trading partner for India following North America, EU, North-East Asia and GCC-West Asia.
Because India democracy. The D word.
lol bilateral trade between China and Pakistan is 8 billion dollars only so why is china making cpec (which is still on paper for last 25 years )
India ASEAN trade will keep increasing and this proposed rail and road network will only increase India ASEAN trade and terrain in Myanmar not difficult compared to the one in India’s north east or Nepal it’s much easier and technology has improved too
And ASEAN needs india to counter China those small countries cannot counter huge china on their own that’s also the reason why they need this connectivity but trade is the primary objective rest everything else is secondary
But then why would India engage in a project that hurts India??
India has a trade deficit with ASEAN and yet wants to finance freight rail throughout ASEAN so that the trade deficit can be widened further? That's India doing double damage to itself. If India can export to ASEAN then maybe that project could potentially be slightly worthwhile.
Anyway this is all a massive heap of meh.
It won’t always remain this way India and ASEAN can tallk to balance the trade but its a fact that as long as indian industries don’t have the capability to compete globally this trade deficit will persist india should also see that a common indian is getting quality products at cheaper rates
Trade deficit exists because ASEAN makes better products at cheaper rates there is no other reason
... not to mention, swamp, clayey soil everywhere, monsoon seasons disrupting projects and screwing around with water saturation. Anyway all can easily be overcome but requires more money and time.
The thing is the 78 billion trade between India and ASEAN is India importing more from ASEAN while the 878 billion in trade between ASEAN and China is ASEAN importing from China. I can see more trade routes being profitable and worthwhile for China but India doing this just so they can buy more from ASEAN? I dunno why that's supposed to be good. Maybe they foresee massive Indian exports to ASEAN. Cart before the horse has left the room, this is just a broken cart and a picture of a functional vehicle.
Also we're not talking about HSR. India will maybe import Japanese HSR. If they start developing their own, it'll be 20 years of academic studies (like China did starting in 1980s) and then around a decade learning from established makers if possible and if their politicians and industrialists can manage that. Then about 10 years of reverse engineering one generation. My dad talked about Chinese research universities researching HSR and maglev back in the 1980s. Only in the 2000s did a chance opportunist politician manage to break some red tape to get the project rolling. 20 years of tendering and learning foreign technologies, 10 years of integrating with domestic research and upping every thousand piece of componentry and subcomponent and then manufacturing. I would bet a million bucks India will not be able to complete the domestic HSR program within 30 years. They can buy and rebrand and of course they'd call Chinese ones copied when even doing that would be a monumental challenge for Indian academics and industry - note that the Chinese first gens were "rebranded" in the sense that Chinese engineers had to redevelop and understand and master every single of the multi thousands of technologies involved with just the first gen HSR. Now China's on its third gen with second gen already integrating technologies Japan, Canada, and France did not use.
China in HSR is actually a step above Japan in some measures. While Japan never really stopped improving its HSR tech, China's next ones will leave Japan's in the dust if nothing more than pace. India has yet to gain understanding of even first gen HSR level. All talk, buzzwords, and slandering others (China). No substance.
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