Chinese Economics Thread


Xsizor

Junior Member
Registered Member
Why would Japan support India when cheap Indian dairy products will wipe out Japan's dairy industry?
China should just join the TPP as well since China has joined the Paris Agreement and the US has withdrawn from both the TPP and Paris Agreement. China's environmental standards are so high that India and the US will have a hard time following.
Cheap Indian Diary products?!
India is in a more precarious position than China regarding food security.
Unless there is some big industrialization and capital infusion, I don't think India's Agri business /Diary business will gain international competitiveness and pass regulatory approval regarding safety and standards.
 

AssassinsMace

Brigadier
I vaguely remember suggestions that the new NAFTA agreements prevent signatories from seeking free trade type agreements with China. Do you know whether that is factual and the agreement ratified?

If I recall correctly because Trump had that with Canada in mind so the US could back out of new NAFTA. I don't know the details.
 

AssassinsMace

Brigadier
Why would Japan support India when cheap Indian dairy products will wipe out Japan's dairy industry?
China should just join the TPP as well since China has joined the Paris Agreement and the US has withdrawn from both the TPP and Paris Agreement. China's environmental standards are so high that India and the US will have a hard time following.
Trump backed out of the Paris agreement and the whole thing fell apart. All countries have to agree.
 

Peter2018

Junior Member
Registered Member
Cheap Indian Diary products?!
India is in a more precarious position than China regarding food security.
Unless there is some big industrialization and capital infusion, I don't think India's Agri business /Diary business will gain international competitiveness and pass regulatory approval regarding safety and standards.
Indian dairy is no match for Japan's dairy industry. Maybe Japan government is so confident that Japanese will not buy Indian dairy products at all no matter how cheap they are.
 

AssassinsMace

Brigadier
I think this a very problematic argument and is often used by Billionaires in US who refuse to pay higher taxes and threaten to leave with their wealth. But history has shown that none of this ever happens.
What I'm saying is that mobility should be seen in relative terms. A society is unequal if the middle class doubles their wealth but the super rich quadruples theirs. The super rich have exploited the system at the expense of the middle class. Eventually the middle class stops gaining wealth which is precisely what has happened to the American middle class. China should avoid going that route before its too late.
It happens. In the movie The Social Network, the guy that was a co-founder of Facebook that was screwed by Zuckerberg, The real life guy took his money and moved to Singapore to do that very thing. I've heard Singapore is where a lot rich people from around the world take their money and end up moving there.
 

Xsizor

Junior Member
Registered Member
Indian dairy is no match for Japan's dairy industry. Maybe Japan government is so confident that Japanese will not buy Indian dairy products at all no matter how cheap they are.
It's not just about being cheap. Consumers of food in developed countries and societies are extremely health conscious and will therefore scrutinize much. It also makes them really bad at picking up a new /unknown brand.

Case in point - Evian in France. If you've tasted it,you won't go back.

The only way I think India can penetrate such markets is by being picked up by a foreign established company as a supplier.

India may try selling dairy to US first. Japan, SK and Europe is just a pipe dream for now.
 

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