$25b export to China possible by 2030

[bluesky]

Guys, please note below the export volume of a tiny Taiwan. It is a whopping $347.2 billion worldwide and $103.1 billion worth of goods alone to China in 2020. And we are here shouting $20 billion export to China when the current export volume is a tiny $1 billion or less.

We are unable to produce anything other than garments but here we are in a shouting competition on our imagined volume of exports ($25 billion) to a great market of China. I guess it will not happen even in the year 2130.

The Taiwan population is only 23,570,000 whereas the talented population of Golden Bangladesh is 165 million. But, Taiwan and other countries work hard and talk less. On the other hand, our PM and others talk too much without a substance.

Newspapers just follow the leadership version of the Great Economic Development of Bangladesh.

We are great nonsense people. By the way, what happened to our Jetplane project? And, Mars Mission by BD made spacecraft? $25 billion export by 2030 to China is similarly an unattainable stupid projection.

Taiwan’s Top Trading Partners

• Below is a list showcasing 15 of Taiwan’s top trading partners, countries that imported the most Taiwanese shipments by dollar value during 2020. Also shown is each import country’s percentage of total Taiwanese exports.
  1. China: US$103.1 billion (29.7% of Taiwan’s total exports)
  2. United States: $50.9 billion (14.7%)
  3. Hong Kong: $49.3 billion (14.2%)
  4. Japan: $23.5 billion (6.8%)
  5. Singapore: $19.2 billion (5.5%)
  6. South Korea: $15.2 billion (4.4%)
  7. Vietnam: $10.6 billion (3%)
  8. Malaysia: $9.5 billion (2.7%)
  9. Netherlands: $6.1 billion (1.8%)
  10. Germany: $6.1 billion (1.7%)
  11. Philippines: $5.7 billion (1.6%)
  12. Thailand: $5.3 billion (1.5%)
  13. United Kingdom: $3.4 billion (1%)
  14. Australia: $3.2 billion (0.9%)
  15. Mexico: $2.7 billion (0.8%)

 

[UKBengali]

Guys, please note below the export volume of a tiny Taiwan. It is a whopping $347.2 billion worldwide and $103.1 billion worth of goods alone to China in 2020. And we are here shouting $20 billion export to China when the current export volume is a tiny $1 billion or less.

We are unable to produce anything other than garments but here we are in a shouting competition on our imagined volume of exports ($25 billion) to a great market of China. I guess it will not happen even in the year 2130.

The Taiwan population is only 23,570,000 whereas the talented population of Golden Bangladesh is 165 million. But, Taiwan and other countries work hard and talk less. On the other hand, our PM and others talk too much without a substance.

Newspapers just follow the leadership version of the Great Economic Development of Bangladesh.

We are great nonsense people. By the way, what happened to our Jetplane project? And, Mars Mission by BD made spacecraft? $25 billion export by 2030 to China is similarly an unattainable stupid projection.

Taiwan’s Top Trading Partners

• Below is a list showcasing 15 of Taiwan’s top trading partners, countries that imported the most Taiwanese shipments by dollar value during 2020. Also shown is each import country’s percentage of total Taiwanese exports.
  1. China: US$103.1 billion (29.7% of Taiwan’s total exports)
  2. United States: $50.9 billion (14.7%)
  3. Hong Kong: $49.3 billion (14.2%)
  4. Japan: $23.5 billion (6.8%)
  5. Singapore: $19.2 billion (5.5%)
  6. South Korea: $15.2 billion (4.4%)
  7. Vietnam: $10.6 billion (3%)
  8. Malaysia: $9.5 billion (2.7%)
  9. Netherlands: $6.1 billion (1.8%)
  10. Germany: $6.1 billion (1.7%)
  11. Philippines: $5.7 billion (1.6%)
  12. Thailand: $5.3 billion (1.5%)
  13. United Kingdom: $3.4 billion (1%)
  14. Australia: $3.2 billion (0.9%)
  15. Mexico: $2.7 billion (0.8%)

No-one is shouting here but looking at the opportunities that may open up as China becomes an industialised country and so no longer competitive in the garments sector. Yes there is the issue of automation but that is not clear yet exactly how that will affect BD's garments industry as of yet.

Taiwan is a fully developed country and so not comparable to BD. It also had some advantages as Taiwan's leaders in 1949 took all of China's currency and gold reserves when they fled the mainland and were fully supported by the USA as a counterweight to communist China during the Cold War.

Jetplane project and space mission are all things that will take decades and decades to achieve anything as BD is at a low or almost non-existent base.

Let us not get into negative talk as BD needs to grab every opportunity that it gets and even getting to half the projected 20 billion US dollar export volume by 2030 will be a good achievement, and somewhat lessen BD's overwhelming current dependence on Western markets.

 

[Leishangthem]

Not really. I believe you are getting an assembly line worker who can read, and write for around $200-$400 month for a person with little experience. Maybe a bit more in Vietnam.

Bangladesh really resembles to me China at around 20 years ago.

5 Years ago you had effectively no electronics industry, now you got to a significant percentage of that of India, despite:

1. India being few times larage
2. India having higher GDP per capita until recently
3. India starting on this path back in at least back in seventies
4. No local supply chain as such. Bangladesh had no not just electronics industry until recently, but many others.

The speed is truly phenomenal. If I am right, in 5 more years Bangladesh will enter the same period akin what we had in between 2000-2010, what people now call golden years. Same was with Japan with a decade preceding its bubble years, and Korea too.

If it will indeed be like that, please, don't squander your once in a lifetime economic dividend on vanity projects. Such chance comes to a country only once at the crossing line to industrialised economy, and never again.

How can you compare BANGLADESH to the likes of japan, that nation has an IQ lower than even India ,the their folks even give a run to Indians in delirious tendencies,don't insult world's zenith ethnic group of Japanese & Koreans like that.
That nation has bigger population than russia but doesn't even rank in top 50 scientific output ranking,they have no indigenous technology or high value manufacturing capability,which Japan was able to do so, almost a century ago ,BD can only manufacture some stuff using imported manufacturing machines ; it can hardly even operate as a civilized society . There's nothing phenomenal about them,bd remains the posterboy of poverty in Asia,with population larger than Russia and Japan but economy and technology on par with subsaharan Africa.It's like a failed state with the poorest of human resources.

Learn from the whites how to read these folks instead of getting pompous and charitable where it's unwarranted .

 

[bluesky]

No-one is shouting here but looking at the opportunities that may open up as China becomes an industialised country and so no longer competitive in the garments sector. Yes there is the issue of automation but that is not clear yet exactly how that will affect BD's garments industry as of yet.

Taiwan is a fully developed country and so not comparable to BD. It also had some advantages as Taiwan's leaders in 1949 took all of China's currency and gold reserves when they fled the mainland and were fully supported by the USA as a counterweight to communist China during the Cold War.

Jetplane project and space mission are all things that will take decades and decades to achieve anything as BD is at a low or almost non-existent base.

Let us not get into negative talk as BD needs to grab every opportunity that it gets and even getting to half the projected 20 billion US dollar export volume by 2030 will be a good achievement, and somewhat lessen BD's overwhelming current dependence on Western markets.

Chiang Kai Shek took only about 115 tons of gold to Taiwan when he went there in 1945. It was cheap then. But what is its current price? One ton of gold is valued at about $55 million. So, the value of 115 tons of gold was only $6.325 billion dollars in today's money, a small peanut.

Now, tell me what is the dollar reserve of Bangladesh? It is more than $34 billion. So, what are you doing with this vast amount of dollars? You are keeping it in London banks but borrowing from others only to steal a part of it.

Do not bullshit about American money for Taiwan. America and Japan have been feeding BD since 1947 but it remains a basket case forever.

Japan even relieved BD of $9 billion dollars worth of loan money and is now again helping it with funds to construct the Metro Rails. America donates BD about $160 million every year to improve the social sector and it does not ask for a return. So, it is again more than $8 billion but the result is zero.

What is the position of BD with all the market facilities given to it by all the Western countries as well as China? China has declared more than 2000 non-tariff import items from BD and here you are still talking about exporting only garments to China. What kind of shameless cre*ture you are?

Please talk about the current situation in 2021 instead of talking big about 2030 export volume to China. Taiwanese people worked hard instead of talking big and depending upon Chiang Kai Shek's or American money was out of the question.

The same is true for South Korea, Singapore, or China. But, people like you can only talk big and do not achieve anything substantial.

 

[SpaceMan18]

How can you compare BANGLADESH to the likes of japan, that nation has an IQ lower than even India ,the their folks even give a run to Indians in delirious tendencies,don't insult world's zenith ethnic group of Japanese & Koreans like that.
That nation has bigger population than russia but doesn't even rank in top 50 scientific out ranking,they have no indigenous technology or high value manufacturing capability,which Japan was able to do so, almost a century ago ,BD can only manufacture some stuff using imported manufacturing machines ; it can hardly even operate as a civilized society . There's nothing phenomenal about them,bd remains the posterboy of poverty in Asia,with population larger than Russia and Japan but economy and technology on par with subsaharan Africa.It's like a failed state with the poorest of human resources.

Learn from the whites how to read these folks instead of getting pompous and charitable .

Maybe Bengal was colonized by foreign powers unlike Russia or Japan which wasn't , have you though about that ? East Pakistan was once actually richer than Korea but unlike Korea which had better leadership after the war BD didn't. Korea was once full of slums like BD , but again proper leadership + American support helped them developed.

 

[UKBengali]

How can you compare BANGLADESH to the likes of japan, that nation has an IQ lower than even India ,the their folks even give a run to Indians in delirious tendencies,don't insult world's zenith ethnic group of Japanese & Koreans like that.
That nation has bigger population than russia but doesn't even rank in top 50 scientific out ranking,they have no indigenous technology or high value manufacturing capability,which Japan was able to do so, almost a century ago ,BD can only manufacture some stuff using imported manufacturing machines ; it can hardly even operate as a civilized society . There's nothing phenomenal about them,bd remains the posterboy of poverty in Asia,with population larger than Russia and Japan but economy and technology on par with subsaharan Africa.It's like a failed state with the poorest of human resources.

Learn from the whites how to read these folks instead of getting pompous and charitable .

That shows your level of IQ if you believe the nonsense about the "IQ of nations".

Here in the UK BD'shis outperform native whites in education and are very close to Indians and Chinese now. Few more years and they will be level with the Indians and whites.

As for "failed state" label, look at India with Covid-19 shambles and millions that literally starve to death or die of preventable diseases every year in BIMARU states.

 

[SpaceMan18]

Chiang Kai Shek took only about 115 tons of gold to Taiwan when he went there in 1945. It was cheap then. But what is its current price? ! ton of gold is valued at about $55 million. So, the value of 115 tons of gold was only $6.325 billion dollars in today's money, a small peanut.

Now, tell me what is the dollar reserve of Bangladesh? It is more than $34 billion. So, what are you doing with this vast amount of dollars? You are keeping it in London banks but borrowing from others only to steal a part of it.

Do not bullshit about American money for Taiwan. America and Japan have been feeding BD since 1947 but it remains a basket case forever.

Japan even relieved BD of $9 billion dollars worth of loan money and is now again helping it with funds to construct the Metro Rails. America donates BD about $160 million every year to improve the social sector and it does not ask for a return. So, it is again more than $8 billion but the result is zero.

What is the position of BD with all the market facilities given to it by all the Western countries as well as China? China has declared more than 2000 non-tariff import items from BD and here you are still talking about exporting only garments to China. What kind of shameless cre*ture you are?

Please talk about the current situation in 2021 instead of talking big about 2030 export volume to China. Taiwanese people worked hard instead of talking big and depending upon Chiang Kai Shek's or American money was out of the question.

The same is true for South Korea, Singapore, or China. But, people like you can only talk big and do not achieve anything substantial.

East Asians : LMAO brown people waste time by talking , we could have developed 7 nations within that time

 

[UKBengali]

East Asians : LMAO brown people waste time by talking , we could have developed 7 nations within that time

Easy to get into the habit of lumping BD with the failures of Pakistan and India. Those 2 have been independent for an extra 24 years over BD and both are now behind BD in economic and social indicators overall.

BD is somewhat different and has only been indepedent since 1971 and so it has not had much time. Give it another 20 years and if it has not improved somewhat the feel free to criticuse.

Being negative and just looking for faults is not always the best way to improve things.

 

[SpaceMan18]

Easy to get into the habit of lumping BD with the failures of Pakistan and India. Those 2 have been independent for an extra 24 years over BD and both are now behind BD in economic and social indicators overall.

BD is somewhat different and has only been indepedent since 1971 and so it has not had much time. Give it another 20 years and if it has not improved somewhat the feel free to criticuse.

Being negative and just looking for faults is not always the best way to improve things.

Eh , last time I checked 50 years is not less time

 

[大汉奸柳传志]

What are the 3% of the total exports that has duties on, anyone knows ? What are the Chinese duties on garments exports from Bangladesh ?

generic drugs imported from BD have around 2-4% duty AFAIK

 

[UKBengali]

Eh , last time I checked 50 years is not less time

It is when you start from literally nothing.

Check out levels of development in Taiwan in 1949 and S Korea in 1954 and compare with BD in 1971. Their Gdp per capita was many times higher than BD as an example.

Japan had invested for decades beforehand in those places and so they were in a better position than BD.

Remember that the 9 month civil war destroyed a lot of infrastructure in BD, Pakistanis murdered as many intellectuals as they could get find and the Indian Army carted off as many industrial goods as they could get their hands on

 

[Leishangthem]

Maybe Bengal was colonized by foreign powers unlike Russia or Japan which wasn't , have you though about that ? East Pakistan was once actually richer than Korea but unlike Korea which had better leadership after the war BD didn't. Korea was once full of slums like BD , but again proper leadership + American support helped them developed.

So was korea and Taiwan,but look at them;
Leaders are representative of the quality of civilians,with BD's culture and IQ you can't expect a leader of Chiang Kai sek,Lee Chun hee,lee kwan yew,deng xiao ping calibre from BD.
So no wonder it fucked up,the nation will find ways to **** itself up in one way or the other ,but it will certainly **** it up.
And of course Japan wasn't colonized they are not like the lowly bengal,the nation is high IQ ,exceptional and many times capable ,they foresaw the need for modernization and modernized itself in a blink and then removed whole of west from Asia,while bd struggles to operate as even a society till today.

Don't compare with Koreans like that ,they have 30+ IQ and much better HR on every possible merit, they would've develop one way or another,if a korean average performs at EP9 speed,avg BD folk operate at beetle .There are totally incomparable sects of people.A tiny nation of 50 m dominate in tech/economomy and soft power.

That shows your level of IQ if you believe the nonsense about the "IQ of nations".

Here in the UK BD'shis outperform native whites in education and are very close to Indians and Chinese now. Few more years and they will be level with the Indians and whites.

As for "failed state" label, look at India with Covid-19 shambles and millions that literally starve to death or die of preventable diseases every year in BIMARU states.

Rather than what I believe,stats speaks for itself,low IQ is directly related to development and prosperity ; how can a nation with high IQ not perform better in general? Make sense?

UK BD'shis outperform native whites in education and are very close to Indians and Chinese now. Few more years and they will be level with the Indians and whites.

Like I said,BD folk even give Indians a run in delirious tendencies.
Every time Indians are reminded of their failure as a nation,they will use "Indians are CEO in Google!!!"
"Indians high income in US" !!!.Typical excuse of sore losers. Even Kishore Mahbubani uses this misleading tagline to salvage Indians pride in his book " has china won" .

And you sound just like them,it's a a trait of South Asians I guess. It's tragic.

 

[bluesky]

It is when you start from literally nothing.

You are again faking the truth. Learn the history before 1971 instead of BAL policy of blaming all others for the country's failure. With more than $70 billion credit already what changes did you guys make? It is almost zero. Take another $7000 billion ($7 trillion) loan the result will remain the same.

A country develops with the positive contribution of its people but what we are doing except a few tailoring shops?

 

[UKBengali]

You are again faking the truth. Learn the history before 1971 instead of BAL policy of blaming all others for the country's failure. With more than $70 billion credit already what changes did you guys make? It is almost zero. Take another $7000 billion ($7 trillion) loan the result will remain the same.

A country develops with the positive contribution of its people but what we are doing except a few tailoring shops?

Please read and learn some history and basic economics:

Historicising the Aid Debate: South Korea as a Successful Aid Recipient

‘The principal enemy is orthodoxy: to use the same recipe, administer the same therapy, to resolve the most various types of problems; never to admit complexity and try to reduce it as much as poss…

developingeconomics.org

This is in those days money and so will be many 10s of billions of US dollars in today's money for a population 1/3rd that of BD.

Both Japan and S Korea transferred technology to S Korea and the US opened its massive domestic market to allow the Korean companies to get the economies of scale that they could not otherwise get.

I am not saying that BD could not have done better since 1971 but to compare it's lack of development when say compared to S Korea is comparing apples with oranges.


Now unless you want to engage positively then best not to reply further as we will just go round in circles and not add anything useful to this thread.

 

[Protest_again]

Easy to get into the habit of lumping BD with the failures of Pakistan and India. Those 2 have been independent for an extra 24 years over BD and both are now behind BD in economic and social indicators overall.

BD is somewhat different and has only been indepedent since 1971 and so it has not had much time. Give it another 20 years and if it has not improved somewhat the feel free to criticuse.

Being negative and just looking for faults is not always the best way to improve things.

I mean how do you get such confidence by exporting just $30 billion of Chaddis.