BYD now intends to build a billion-dollar factory in
Pakistan instead. Never say that Chinese companies are stupid and still
wants to invest in India. Never try to tarnish all investors with the
same tainted brush.
The Indian predatory strategy works only for a
limited time. Once investors know that they are going in and getting
clobbered, they will wise up. Those that are already there, they have
little choice but to make the best of a bad situation until conditions
become intolerable before calling it quits.
Having said that,
some Western companies like Apple, thinking it will get preferential
treatment, needed to test the waters first. And the result was not
ideal, and Apple had to move some production back to China.
Modi
has now been summoned to Washington to submit his report to the emperor
about the happenings in BRICS. He must go to Washington once in a while
to update the emperor, and this time is about what to expect in the
BRICS summit in Kazan, Russia. Of course, other reasons will be
fabricated to cover the mission.
Wonder if other BRICS members
trust the Indians and avoid giving too much sensitive information about
BRICS to be leaked. BRICS must beware of the Trojan Turkey intending to
join the bloc. It must follow the saying - Once bitten twice shy.
Anonymous