The USA is conducting economic warfare against India now, giving India all the bad publicity which is causing investors to pull out investing in India. This is a terrible situation for India going forward. Which other big country is going to fill the void? Not China definitely!
The USA had conducted the same economic warfare against Hong Kong, Vietnam and I believe Bangladesh, all with huge Chinese investments, not to talk about Russia. However, the difference between India and the others is significant, but seldom talked about on MSM. China openly discourages Chinese investors to invest anymore in India but is not doing the same in Russia, Vietnam, Bangladesh or Mexico and Brazil.
USA investors pulled out of Vietnam, which already happened some time ago, but with Chinese investors moving in, the effect was not as bad as what the USA wanted. It is the same as in Russia, with Western companies moving out and Chinese investors filling the void. The harm was minimal. Likewise, Mexico is not succumbing to Trump's threat, knowing that China is waiting in the wings to move into the void that will be there when USA investors pull out.
India is in a different situation, with Western investors pulling out but without Chinese investors ready to fill the void. This is why antagonizing China is coming back to haunt the Indians in more ways than one.
Anonymous
5 comments:
India doesn't have to worry as there is a little island in sea that is ruled by Indian. This island ruler will instruct all it business people to invest in India, or create more job for Indian in the island.
The USA knew that pulling out of countries is a self-defeating act, with China ready to step in to fill the void. Which is why it is not working as in the past. India is caught in a different position, with Chinese investments avoiding India.
China is benefitting tremendously in Russia, taking over car plants, the mobile phone market and all ready-made logistics built by Western investors. It is a blessing in disguise for China in more ways than one. Cheap Russian energy is another godsend for China, fueling its manufacturing with even cheaper costs to compete on the global market.
What India does not allow, China's BYD is building a car factory in neighboring Pakistan. What the USA would not welcome, China is building EV factories in Mexico instead. The focus of such Chinese investments in Mexico is not the USA market, but the South American market like Brazil, Argentina and the rest of the global south.
Trump can raise tariffs to 1,000%, but if countries shun their exports to the USA, what effect is that going to make against those countries like Mexico?
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