There was a time when Japanese companies where multi national corporations used to dominate the world. Mitsubishi Corporation was number one company of the world. At that time Japan had much more economic success then China has today. However, because of the wrong policies and aging population, Japanese economy shunk. Same thing is happening with the China. Multinational are moving out, Chinese companies are not welcome anywhere, their debt trap policies have caution the Chinese investment in other countries. China is Losing out to low cost labour advantages. Inspite of all that, if you want to remain in fool's Paradise and want to believe that China will continue to grow at the same speed as it has grown in the past, I can say only one thing to you. Best of luck.
Indian Economics thread.
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There was a time when Japanese companies where multi national corporations used to dominate the world. Mitsubishi Corporation was number one company of the world. At that time Japan had much more economic success then China has today. However, because of the wrong policies and aging population, Japanese economy shunk. Same thing is happening with the China. Multinational are moving out, Chinese companies are not welcome anywhere, their debt trap policies have caution the Chinese investment in other countries. China is Losing out to low cost labour advantages. Inspite of all that, if you want to remain in fool's Paradise and want to believe that China will continue to grow at the same speed as it has grown in the past, I can say only one thing to you. Best of luck.
Literally none of what you said here is accurate.
It's funny how the evidence points to the opposite... Chinese trade with the US has increased year on year for the last decade pretty much. China's trade surplus is increasing. Now why does that happen? Its tech exports are increasing A LOT yoy and it still has manufacturing low value chain and consumer goods being exported at increasing value and volume yoy. How is that happening if what you're saying is true?
While Ford and Samsung are moving out of India which Multinationals are moving out of China?
Fools' paradise? I think you are not only dwelling in one, you have only ever known it for all your life.
Mate honestly... India is the one that's losing out, missing out, no innovation, no tech, no industry on the rise.
I don't think China will grow at the same 10% yoy rate but that's what happens to all economies once they start the completion phase of industrialisation and development. Since China still has work to do in terms of development, that can continue boosting the growth until it is mostly complete. The tapering off would come at least a decade after, not now.
As for India, it's growth needs to be at 100% year on year for many years before it even reaches China today. In reality, India grows at most around 8% yoy and this is really only for the covid recovery year and an outlier, India typically grows not much more than 5 or 6% yoy over a period.
That story was supported by US, Russia and many other countries which forced China to make an another story of 5 soldiers being killed. However, the sad part of the story is that it took a year to make the story.
Except it wasn't supported by US and Russia and any other country.
Have you looked at the evidence?
India told Russia and TASS reported it as an Indian source said. This was untrue because Indian military or government never had the courage to claim this because it's falsifiable and would embarrass the Indian government. TASS eventually admitted their source was an Indian.
The US also never said this, show us which US statement or white paper mentioned this. I challenge you to provide even one piece of irrefutable evidence the US has said this. Again the US has some reputation to keep rather than claim falsifiable stuff they would be embarrassed with if proven wrong.
Klaxon is your other source, again hopeless. That's a one man operation "news publication" visit the site, focused on conspiracies and China hate. He also never gave a single source or a single piece of evidence.
Meanwhile.
And India cannot provide a single source or evidence of substance.
The facts remain; 20 or 20+ Indians killed, over 50 captured (Chinese leaks suggest over 100 captured and the videos do seem to indicate this is the case). 4 PLA killed during the June fight, no Chinese captured during the June fight.
The above is agreed with by both India and China. India never officially said China lost many soldiers. It only employed language in tricky ways to make itself look good by trying to hint that India managed to kill dozens of PLA but never directly saying so because ... it isn't true and it would be humiliating even more for India to be proven lying yet again if it were to say it officially and in no uncertain terms.
Indians squirm and say statements like "PLA suffered many casualties" as in PLA suffered some undefined number of injured soldiers and 4 killed. Then it employs its network of information warfare tools like Klaxon and low brow nonsense publications with no reputation at stake, to make claims without even a shred of evidence.
And yet Mitsubishi group is superior to all of India in technology and at least they exist and still do well in certain fields.
India has nothing that could even be considered an equivalent of Midea or Haier. Forget Mitsubishi mate. Only in bollywood dreams.
I have a little different take on the matter. While I agree that in the recent history, all the modern inventions are made by Europeans, the jury is still out for the future of Chinese innovation, but let's suppose what you said was right, that the European/Americans were/are more inventive compared to their East Asian cohort, the future still could belong to the sinic people. In fact, barring a hot war, it is all but certain in my mind that the Chinese will overtake the U.S. and Europeans in geopolitical power and in time, as center of innovation.
The U.S. was not known as the innovative center of the West. It was not until after WWII that we become the center of innovation by first bringing in the best talents of the world. I was in Napa in California to visit the wineries. They had this technology to take the hotspring water at the top of the mountain and use its potential energy from a high place to create a gristmill. All the important pieces of that mill were imported from Europe. The grindstone of the mill was formed by multiple granites held together with a metal band. This was high tech stuff that the U.S. could not make at the time and had to be imported from Europe. After WWII, almost everything useful was invented or innovated by the U.S. amongst the Western nations. The place of innovation is a place where energy, money and power lies and I have no doubt that it will be in China in the near future.
There are analogs in history. Some people looked at the Greek/Roman times, and determined that the Greeks have invented most or all of the useful devices and useful innovations where as the Romans invented very little what they did not inherit from the Greeks. At the end, it was the Romans that supplanted the Greeks as the rulers of that part of the world. Despite our inventiveness, the Western world is in terminal decline.
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This is your best "evidence"
Since the Klaxon one is laughable and a high school kid who receives one lesson in source verification and source assessment knows to totally laugh and scoff at...
Meanwhile the US source doesn't exist and is only claimed to be a "US intel" by Indian media and Indian fake news media pretending to be western or whatever.
Unfortunately your arguments don't work in real life and especially in light of the photos and videos China showed.
Since the Klaxon one is laughable and a high school kid who receives one lesson in source verification and source assessment knows to totally laugh and scoff at...
Meanwhile the US source doesn't exist and is only claimed to be a "US intel" by Indian media and Indian fake news media pretending to be western or whatever.
Unfortunately your arguments don't work in real life and especially in light of the photos and videos China showed.
It's so much easier I notice for Indians to do this sort of shit on the internet because they will make a statement and once challenged and responded to, they will proceed to ignore the rest. These tactics don't work in real life with an audience who is relatively unbiased and knowledgeable. So the Indians never attempt it in real life against someone well versed in this sort of dialogue and debate.
They can only do the say "100 Chinese were killed in Ladakh according to US" and run off after being challenged to show the proof.
This works online only.
After asking Hari-Bharati where anyone has said no economy can grow at the pace of China's, which he claims was said, he will ignore the challenge and go on another rant tangent of the typical Indian make a grand statement about how shit others are and/or how great India is.
Then people are inclined to respond to correct the BS and issue a challenge but by then he's moved onto the next "india is going to be amazing at this and look how many Ivy League students we have" line of dialogue.
And so it becomes obvious why multinationals are actually leaving India and India is actually on a decline despite Modi's best efforts to put up a facade. India's poorer half simply suffer for their elites adamant pursuit of grandeur even if it is all hot air and talk. Their poorer half suffer immensely because of it and are unable or unwilling to have any revolution to fix the underlying problems. Instead they are fed monumental misrepresentations of what India actually is like to the point the Hindutva folks attach their pride and ego to it and simply must believe and find confirmation bias to secure their delusions of grandeur.
Try evaluate all this stuff with actual experts.
They can only do the say "100 Chinese were killed in Ladakh according to US" and run off after being challenged to show the proof.
This works online only.
After asking Hari-Bharati where anyone has said no economy can grow at the pace of China's, which he claims was said, he will ignore the challenge and go on another rant tangent of the typical Indian make a grand statement about how shit others are and/or how great India is.
Then people are inclined to respond to correct the BS and issue a challenge but by then he's moved onto the next "india is going to be amazing at this and look how many Ivy League students we have" line of dialogue.
And so it becomes obvious why multinationals are actually leaving India and India is actually on a decline despite Modi's best efforts to put up a facade. India's poorer half simply suffer for their elites adamant pursuit of grandeur even if it is all hot air and talk. Their poorer half suffer immensely because of it and are unable or unwilling to have any revolution to fix the underlying problems. Instead they are fed monumental misrepresentations of what India actually is like to the point the Hindutva folks attach their pride and ego to it and simply must believe and find confirmation bias to secure their delusions of grandeur.
Try evaluate all this stuff with actual experts.
Interesting discussions over last dozen pages. Let India be India. Let them continue to make great progress that they have made in last 20 years. It will be a superpower in no time with their continuing progress. winning a war on words in this forum does not mean anything because it is a Chinese forum. As a Chinese, we should empower Indians to make the same progress they have been making in last 20 years to make India great.
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