- Aug 6, 2006
- Faridabad (suburb of Delhi)
An eye opener about the dominance of China in speakers and amplifiers...
if china economy falls someday, then other countries will come for its revival, since they so much depend on china that they cant survive without chinese products.
If you mean the chinese companies who are going to move out, then yes. Chinese companies are already taking over companies in other countries or have started manufacturing outside china i.e. in other countries, either in collaboration with local players or sometimes on their own as well. When india imposed safeguard duty on solar cells and modules in 2018, the big chinese players simply moved base and started manufacturing elsewhere. Another great example is when moserbaer managed to get antidumping duties imposed on usb thumb drives in 2014 when imported into india fro China, sandisk simply shifted their manufacturing outside China.The companies will slowly move out one by one to Vietnam, Thailand, Malaysia and some to India as well..China will feel the squeeze in the next 5-10 years
International diplomacy is beyond me. But it'll be difficult to squeeze China on all sectors.History is proof of when one country tries to become dominant, the fall can be very swift. What goes up too fast will come down, that is the nature of business cycle.
Australia has just started a rare earth mine in co-operation with US defence establishment in their country.
China is a big importer of food, and their top 3 importers in that sphere is US, Canada and Australia and they pick up a fight with all three. They can squeeze them anytime.
If you push a country too far who is capable of giving it back, your bad time has just started. Just one ban on an app like Tiktok from India and Bytedance IPO ($75B) dreams vanished and the company is struggling to survive. US just saw that and piled on the misery.
Do talk to Huawei folks and their misery is well underway. With impending ban from India on 5G from Huawei, they will lose more billions and market share.
Sir, I believe you are plainly wrong here. My line of reasoning is as follows (I'm not ruling out the possibility that I may be wrong also and I more than welcome you or anyone else to point out any fallacy in my reasoning):Countries can always restrict imports citing reciprocity which GATT does not penalize you on. They were routing their exports through countries which have a FTA with India and that is getting tightened. So it has always been an unfair dealing with them...Many of those items are not essential ones which can easily be replaced domestically or through other channels..
Sir, please do not take my explanations otherwise. I was only giving an opinion and it is just that, an opinion. I was not trying to suggest in any manner that you are wrong and I am right but only to clarify the correct factual situation as i know it to exist. That is the reason why I have tried my best to substantiate it with facts and references so that people viewing this thread can figure out where I am deriving my information and opinion from. Perhaps it could be an area of interest for them?I will leave the discussion here as you are not an expert on GATT and WTO. Please buy only chinese and be happy