Indian Economics Thread II


mossen

Junior Member
Registered Member
India's industrial development needs Chinese investment and expertise.
It does, but there is a difference. China was very adept at learning from the West and in some cases exceeding it. India doesn't have the same human capital base and cannot repeat that trick.

Hence, India is more likely to become dependent on China for much longer, which will cause resentment. Already, a lot of Indian electronics manufacturers are just importing Chinese stuff and then slapping on an Indian label on it and calling it "made in India".

A typical example would be boat:

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Of course, most of their investors aren't even Indian either.
 

gelgoog

Brigadier
Registered Member
Well for one a free trade deal between both countries actually makes sense. India lacks resources and Australia has them. And the time when Australia had industries of significance is now long gone. But knowing how Australia typically rolls I doubt they will be that looking forward to Indian immigration into their country.
 

supercat

Senior Member
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Biscuits

Senior Member
Registered Member
Oh, the good old times!

BTW, the good old professor who foresaw India's rise 2 decades ago really thinks that China's reopening depends on importing mRNA vaccine.

For those who are curious, 2,644 died last week in the U.S.
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Even if they choose to open up, why would Pfizer stock gain (or lose?) from it?

At the very most, China may approve their vaccines for emergency use. But there's so much vaccine capacity that emergency use isn't a worry, the problem are old people not wanting to take boosters.
 

supercat

Senior Member
Schrodinger's Indian heat:

Over 160-200 million Indians could be exposed to lethal heat waves annually: World Bank​

Though 34 million Indians could lose their jobs due to heat stress, the rising demand for new cooling technologies could create a $1.6 trillion investment opportunity and 3.7 million new jobs by 2040, a World Bank report said
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