China-India import and export data comparison

[Bussard Ramjet]

Because Taiwan is a part of China, Taiwan's electronics companies have almost built factories in mainland China.

Right now Taiwan operates very much like a country.

 

[SBUS-CXK]

A very High IQ response from a very High IQ member

Though I know you're sarcastic, I still think you're right. Hahaha。 It is possible to play jokes occasionally. Isn't it?
But I'm not bragging, the art of irony. We Chinese are the first in the world.

 

[艹艹艹]

Right now Taiwan operates very much like a country.

You can't find it in the United NationsThe American government has admitted that it is a part of China.

 

[AndrewJin]

That's the thing buddy. "Opening" up of sectors. There are no Chinese companies serving worldwide to the likes of Info, Wipro or TCS. Most of the IT contracts in China are made for Chinese IT companies. Contracts are not given for Foreign companies. A state company puts up an tender means it is open to all, but its given to Chinese companies is the complaint best heard.

Patents? Does China respects foreign Patents? Now dont tell me China respects Patents of foreign company. Secondly we supply cheap generic drugs to the whole world. Again foreign companies in China are discouraged. Opaque systems.



Anti-dumping can be imposed on things where there are local make available and there the import is not competitive. More importantly can be used for protecting traditional cottage industries such as firecrackers. We know we do make basic headsets. We need to behave like China in some aspects. Start with small non essential things. Like those.

We cannot stop importing laptops and desktops from them. They are exporting to the whole world. However slowly and steadily we can grow up on it. We need a start.

Are u referring to those companies into outsourcing relying on cheap labor?

Anti-Dumping has some rules and regulations. It can't be put randomly on any thing. As far as I know, plastic toys, headsets, and chargers are not being dumped by China in India.

India needs to step up manufacturing in places where it can be done immediately.

For example, fertilizer.

For the love of God, I have never been able to understand why India imports Urea from China. Urea! Such a basic thing.

A lot of low end manufacturing can be done in India with the right incentives and conditions, but some like capital goods will have to be imported from China nonetheless.



Let's not talk about IT, but as far as pharma is concerned, India leads in one category of pharma called generics and specialty generics.

These are drugs whose patents have expired, and who no longer need patents.

We are pretty competitive in this sector, with exports to Europe and US doing well.

The problem with China is that China also wants to capture this area, and is being protective. It is not giving Indian companies necessary quality clearances.

The shame is that the same companies, facilities approved and checked by the Americans and Europeans have not been given quality clearances by Chinese.

Look, we have all kinds of pharmacy giants in China.

 

[Bussard Ramjet]

Look, we have all kinds of pharmacy giants in China.

Yet, you don't export any generics to the US or Europe. We have seen there's a lot of market potential for Indian generics in China, but there is no clearance given.

And I am talking here about being competitive. Of course you have many pharmacy giants, you are a big country.

You are competitive in API, and basic bulk drug manufacturing.

We are in Generics.

 

[AndrewJin]

You can't find it in the United NationsThe American government has admitted that it is a part of China.

Chinese from Taiwan are now given same rights as mainland citizens. I have watched the recen political talk shows in Taiwan, the tendency is obvious, more and more companies will move to Mainland bringing in tens of thousands of high-skill technicians.

Yet, you don't export any generics to the US or Europe. We have seen there's a lot of market potential for Indian generics in China, but there is no clearance given.

And I am talking here about being competitive. Of course you have many pharmacy giants, you are a big country.

You are competitive in API, and basic bulk drug manufacturing.

We are in Generics.

We are not in generics export, we are in developing our own patents. The price of some foreign anti-neovasculation drugs has been cut prices more than 60-80% because we have come up with our own version. I am not talking about generics.

 

[艹艹艹]

Chinese from Taiwan are now given same rights as mainland citizens. I have watched the recen political talk shows in Taiwan, the tendency is obvious, more and more companies will move to Mainland bringing in tens of thousands of high-skill technicians.

享有和大陆人同样待遇，最近新公布的
Enjoy the same treatment as the people of mainland China, recently announced

 

[AndrewJin]

享有和大陆人同样待遇，最近新公布的
Enjoy the same treatment as the people of mainland China, recently announced

Yes, millions of will flood to mainland.
Welcome!
@TaiShang @Shotgunner51

 

[Bussard Ramjet]

We are not in generics export, we are in developing our own patents. The price of some foreign anti-neovasculation drugs has been cut
prices more than 60-80% because we have come up with our own version. I am not talking about generics.

Exactly. And I am not talking about patented medicines. Non-patented medicines are also required in big quantities, which is where Indian companies excel at, and where Chinese companies are not competitive. Here, China is being protectionist to save this part of the pharma industry.

 

[AndrewJin]

Exactly. And I am not talking about patented medicines. Non-patented medicines are also required in big quantities, which is where Indian companies excel at, and where Chinese companies are not competitive. Here, China is being protectionist to save this part of the pharma industry.

You can also open your critical sectors....
India is a far more closed economy than any major economy.
Interests are not given but Exchanged!

享有和大陆人同样待遇，最近新公布的
Enjoy the same treatment as the people of mainland China, recently announced

Now all of us can use ID to scan at the check-in without showing our train tickets!

 

[ahojunk]

In another thread, an Indian forum member said that the Chinese cannot afford high quality products. Maybe you guys should lower your prices or devalue the rupee so that Chinese as well as us Europeans can afford to buy your top notch products.

You are not very kind, are you? LOL. Thanks for the laugh!

I think you people are looking it the wrong way.

If we want to integrate into the Asian Supply Chain, by taking production leaving China, our trade deficit with China will only increase, not decrease.

It can't be escaped or wished away, that China is a manufacturing giant, and has much to offer.

What we must instead focus on is to level our overall trade balance. That is our overall trade must be balanced. It doesn't matter if it is under great deficit with China, so far as the total trade is in surplus.

For example, China runs a huge deficit with South Korea and Taiwan in trade. Does that mean that somehow Korea/Taiwan are "winning" over CHina in trade?

I would say no.

Korean and Taiwanese production and products are central components in China's electronics industry, which is the single largest export product of the Chinese. This means that Korean memory chips, and Taiwanese electronic supplies enable China to make complete laptops etc. which they export.

Similarly, in the other direction, China runs a deficit with Australia. Does that mean that China is loosing in its trade with Australia? Again no. Because Australia provides raw materials to the Chinese to enable them to set up their manufacturing base.

TRADE is not a zero sum game.

Good argument and good points. I am not an Economist but what you said makes sense.

 

[AndrewJin]

@Götterdämmerung All of us are damn poor...

 

[Jlaw]

Chinese from Taiwan are now given same rights as mainland citizens. I have watched the recen political talk shows in Taiwan, the tendency is obvious, more and more companies will move to Mainland bringing in tens of thousands of high-skill technicians.


We are not in generics export, we are in developing our own patents. The price of some foreign anti-neovasculation drugs has been cut prices more than 60-80% because we have come up with our own version. I am not talking about generics.

indian only talk generics because they cannot afford r&d to invent new drugs

 

[lonelyman]

Exactly. And I am not talking about patented medicines. Non-patented medicines are also required in big quantities, which is where Indian companies excel at, and where Chinese companies are not competitive. Here, China is being protectionist to save this part of the pharma industry.

Actually on this got to give it to Indian government to give middle finger to greedy western pharma bastards. Some patented western anti cancer drug costs 20000 usd for a round in China, in India for a (maybe illegal) generic maybe 200 usd. We had a famous controversial case that patients were buying those from India for other patients but got caught and sentenced as illegal drug smuggler, very unfortunate.

Give credit where it's due.