You see, boasting about wriggling their way up into top
positions in companies built up by others is no great feat. How many
home-grown Indian companies have we seen from India competing
successfully globally? Not more than a handful.
At home in
India, Government laws can be enacted to take effect retrospectively to
punish foreign companies with trumped up charges and fines. They are
doing this so glaringly against foreign owned companies and taking them
over with atrocious accusations. This is not just against Chinese
companies, but against Western companies as well.
On the other
hand, you can count on hundreds of Chinese companies competing
successfully globally in every sector - in consumer electronics, drones,
EVs, computers, AI, shipbuilding, space exploration, global satellite
communication, smartphones and even in higher education now.
We
have seen Chinese smartphones and EVs everywhere because they are
clearly visible in the public eye. We seldom hear much from China
boasting about those not in the public eye, about cutting-edge tech that
even the West is talking about in high-speed rail innovations, bridge
construction, tunnelling machines, agricultural machines and equipment,
construction machinery, irrigation canal construction, water diversion
schemes and reversing desertification expertise.
Huawei was
thought of as an exceptional company, but in China's context Huawei is
just as ordinary as any Chinese company. BYD and DJI are also seen as
exceptional, but in China there are many others just as innovative.
That, my friends are what really scares the USA and the West. And that
is what they are trying to curb with their over-capacity hubris.
Anonymous