India’s trade deficit with China jumps to $53 billion in 2015-2016

[Jlaw]

Indian pharmaceutical companies have a bright future in China if they can get their generic medication approved. I've heard nothing but good things from people that bought their drugs online from India. Even doctors say they're of good quality with great prices.

Chinese people's standards are low.

https://www.linkedin.com/pulse/why-so-many-indian-pharma-companies-failing-usfda-dr-malpani

http://www.thehindu.com/todays-pape...to-indian-pharma-exporters/article8185521.ece

 

[Three_Kingdoms]

Apart from the value of exporting mangoes as fruits, I think people have to do some researches into the medical or costmetic or even industrial usage of mangoes so as to enhance its value

Is there any research in Pakistan or India doing that or there is nothing more valuable than selling mangoes as fruits?

Chinese people's standards are low.

https://www.linkedin.com/pulse/why-so-many-indian-pharma-companies-failing-usfda-dr-malpani

http://www.thehindu.com/todays-pape...to-indian-pharma-exporters/article8185521.ece

Our folks have to do extra care and scrutiny into this area of Indian exports indeed
The recent acquisition of Fosun on an Indian Pharma should have the effect of putting more stringent quality control over the process of productions

 

[Gibbs]

Lol.. is that comparable, with same size of population, china is five time, economically that of india, that means china will have 5time per capita, approx. So Chinese are earnings more and paying more that all. So if you want to compare compare indian wage, make it 5 times and see whe pay more and who less. Inflation rate in india is way higher than that of china, another problem.

Well.. Thats my point, When the Indian economy is 5 times smaller than the Chinese and it's minimum wage is as smaller.. How can a Indian cry foul on Chinese cheap labor ? Add to the fact that you have to add 30 to 50% as welfare payment, So it's more than 5 times the Indian minimum wage actually

Plus so many Indian posters here argue on that fact that GDP per capita PPP needs to be used as opposed to the more globally recognized GDP per capita nominal as the real measurement for India since Indian basic expenses are so low compared to else where, So your purchasing power parity is more ? Is'nt it contradictory to what your trying to imply here ?

 

[Shotgunner51]

China has ruined US economy with exports and the financial muscle.

Did China ask American taxpayers to send their hard earned money to DoD? 5% GDP for DoD alone, how much more tax money goes to NSA, CIA, "black ops", foreign "military aid"...? Who benefit from these monies, China or those shadows hiding behind US Congress? Tax cannot satisfy big stomach, easy, "public" debt can do, but who have to repay these debts? Did China make the dollar an international reserve currency which encourages US spending and imports? Did China boost a strong dollar that hurts US industrial competitive edge? Why SK, Japan, Germany and Taiwan are capable of achieving trade surplus against a far bigger China, why can't US? No blame game my friend, if anything China merely facilitate the process.

They are able to dominate the market as it is a communist country with cheap labour and cost government can indirectly subsidise.

USSR was fundamentalist "communist", where are they now?
It's not about "cost", it's always about currency, always.

On topic..Stop all the cheap imports by banning them, WTO or no WTO. ... For such countries WTO is a boon as they can dump things in the market quoting free trade policies. Do not allow Chinese imports if they do not meet a minimum international standards.

First of all, Sino-India trade is $70 billion, China total trade is $4 trillion, don't flatter too much my friend. Secondly, money talks, BS walks, banning or not, ask Indian business community not some jobless keyboard warrior. Finally may I offer some advice on how India can achieve trade surplus against China:
(1) make super-high value-added industrial produce like Taiwan-SK-Japan-Germany, can you?
(2) sell big volumes of primary resources like KSA-Brazil-Australia, would you?
(3) if the aforesaid aren't feasible then depreciate rupee to a level cheap enough to sell anything.

 

[Place Of Space]

Did China ask American taxpayers to send 5% of their GDP to DoD? How much more goes to NSA, CIA, "black ops", foreign "military aid"? Who benefit from these monies, China or those behind US Congress? Did China make the dollar an international reserve currency which encourages US spending and imports? Did China boost a strong dollar that hurts US industrial competitive edge? Why SK, Japan, Germany and Taiwan are capable of achieving trade surplus against a far bigger China?


USSR was fundamentalist "communist", where are they now?
It's not about "cost", it's always about currency, always.


First of all, exports to India is around $62 billion, note China total exports is $2.4 trillion, don't flatter too much.
Secondly, money talks, BS walks. Banning or not, ask Indian business community not some jobless keyboard warrior.

thats a troll, bro, in my ignore list. Don't nee take him serisouly. lol

 

[ohmrlobalobayeh]

Well.. Thats my point, When the Indian economy is 5 times smaller than the Chinese and it's minimum wage is as smaller.. How can a Indian cry foul on Chinese cheap labor ? Add to the fact that you have to add 30 to 50% as welfare payment, So it's more than 5 times the Indian minimum wage actually

Plus so many Indian posters here argue on that fact that GDP per capita PPP needs to be used as opposed to the more globally recognized GDP per capita nominal as the real measurement for India since Indian basic expenses are so low compared to else where, So your purchasing power parity is more ? Is'nt it contradictory to what your trying to imply here ?

Hence, it is exactly with your kind of self-denial mindset that India remains a poor, corrupt, dirty and delusional nation. Instead of working hard with what seemed like all odds against you(cynical world opinion against India, regular news of the rape of women because Indian men are not respecting women, etc)- u blame heaven n hell, downplay facts and attempt to deflect criticisms with all sort of excuses when presented with factual evidence in terms of digits.

Germany, Japan and South Korea were devastated by wars(not to even mention China)- yet they are economic powerhouses today, because their people pulled themselves together, picked up the pieces, worked hard, and rebuilt their countries within decades via blood, sweat and pure determination(with right leadership guidance).

India, has never been wrecked by destructive wars- only colonialism. Instead of moving on and leaping bounds ahead, she is still standing exactly where her colonial masters left her at in terms of mindset.

 

[+4vsgorillas-Apebane]

Did China ask American taxpayers to send 5% of their GDP to DoD? How much more goes to NSA, CIA, "black ops", foreign "military aid"? Who benefit from these monies, China or those behind US Congress? Did China make the dollar an international reserve currency which encourages US spending and imports? Did China boost a strong dollar that hurts US industrial competitive edge? Why SK, Japan, Germany and Taiwan are capable of achieving trade surplus against a far bigger China, why can't US? No blame game my friend, if anything China merely facilitate the process.


USSR was fundamentalist "communist", where are they now?
It's not about "cost", it's always about currency, always.


First of all, Sino-India trade is $70 billion, China total trade is $4 trillion, don't flatter too much my friend. Secondly, money talks, BS walks, banning or not, ask Indian business community not some jobless keyboard warrior. Finally may I offer some advice on how India can achieve trade surplus against China
(1) make super-high value-added industrial produce like Taiwan-SK-Japan-Germany do
(2) sell big volume of primary resources like KSA-Brazil-Australia do
(3) if the aforesaid aren't feasible then depreciate rupee to a level cheap enough to sell anything

Bro, the mess was made when they somehow thought to transition into a service economy and bypassing the manufacturing part. Manufacturing is too much work it seems and clocking in 12 hour shifts like a Chinese worker is too hard.

I dont think manufacturing anything competitively is possible as the costs sky rocket with poor logistics, infrastructure and work ethic. Plenty of cheap manpower but a factory with constant blackouts, strikes, untimely deliveries inbound and outbound ruins it all.

The Indian problem transcends money, it goes deep into the roots of their psyche. Whats needed is a huge kick up their collective arses to get their act together and stop fcuking around with petty regionalism, religion and caste.

 

[Mangus Ortus Novem]

Bro, the mess was made when they somehow thought to transition into a service economy and bypassing the manufacturing part. Manufacturing is too much work it seems and clocking in 12 hour shifts like a Chinese worker is too hard.

I dont think manufacturing anything competitively is possible as the costs sky rocket with poor logistics, infrastructure and work ethic. Plenty of cheap manpower but a factory with constant blackouts, strikes, untimely deliveries inbound and outbound ruins it all.

The Indian problem transcends money, it goes deep into the roots of their psyche. Whats needed is a huge kick up their collective arses to get their act together and stop fcuking around with petty regionalism, religion and caste.

The problem is indeed cultural along with exaggerated self impotance. It is all in their idealogy.

 

[+4vsgorillas-Apebane]

The problem is indeed cultural along with exaggerated self impotance. It is all in their idealogy.

Importance?

Or rather Impotence?

Hehe

 

[Mangus Ortus Novem]

Importance?

Or rather Impotence?

Hehe

Oh, you like to wave the red flag to the indian superiority mob?

It is just fansicnating study...to see certain people invent fake methologies to fill their needs of hurbis.

When you combine the fake methologies with twisted idealogies...trouble brews...

Sometimes it appears that there is a collective blindness to ground realities...but then whatever makes people happy and escapre the tragic grind of their daily lives is alright...

We can be nothing but bemused observers....

 

[Jlaw]

Bro, the mess was made when they somehow thought to transition into a service economy and bypassing the manufacturing part. Manufacturing is too much work it seems and clocking in 12 hour shifts like a Chinese worker is too hard.

I dont think manufacturing anything competitively is possible as the costs sky rocket with poor logistics, infrastructure and work ethic. Plenty of cheap manpower but a factory with constant blackouts, strikes, untimely deliveries inbound and outbound ruins it all.

The Indian problem transcends money, it goes deep into the roots of their psyche. Whats needed is a huge kick up their collective arses to get their act together and stop fcuking around with petty regionalism, religion and caste.

won't do China any good by waking up an elephant. Let him to continue boasting.

 

[Shotgunner51]

thats a troll, bro, in my ignore list. Don't nee take him serisouly. lol

I was just responding to his absurd "China has ruined US economy" accusation. China didn't decide the dollar's high purchasing power and hence their weak industrial competitiveness, nor does China pocket away American public's hard earned tax money. Who is stealing from American taxpaying public? Japan and Germany have risen from ashes, so are SK and Taiwan, in fact they score massive trade surplus against both China and US, blame them too? American public better look inward for reasons why the once largest and only creditor nation after WWII now ends up as largest debtor nation on this planet.

Anyway thanks bro for reminding!

 

[TaiShang]

I was just responding to his absurd "China has ruined US economy" accusation. China didn't decide the dollar's high purchasing power and hence their weak industrial competitiveness, nor does China pocket away American public's hard earned tax money. Who is stealing from American taxpaying public? Japan and Germany have risen from ashes, so are SK and Taiwan, in fact they score massive trade surplus against both China and US, blame them too? American public better look inward for reasons why the once largest and only creditor nation after WWII now ends up as largest debtor nation on this planet.

Anyway thanks bro for reminding!

Do you think Trump would be able to correct some of the mistakes?

I see what he says mostly is just looking tough and get the best deal out of China and Japan (and making Mexican pay for the wall across the border on the US side), but, realistically, would a Trump style protectionism work?

His geopolitical ideas seem right and potentially might inflict damage on US web of military hegemony in East Asia and Europe, but, economically, I feel there is much for success than having strong negotiation skills.

 

[Finer]

Again, stop spewing rhetorics.

Pakistani cooperation costs over a billion dollars every year? No one in their right mind would believe that.
Suddenly "pakistani cooperation" is the most costly commodity in the world? The billions of dollars of aid that Pakistan has been allowed to incur that is cooperation too?
Do stop with the BS that pakistanis say to each other to sleep better at night or prove with suitable links and do show these official records.

I take it history is not your friend.

Pakistan economy suffered more than 50 billion dollars and probably a lot more since war on terror started. Not only that, Pakistan army employed its manpower totaling up to thousands of thousands soldiers which they were martyred on the line of action. USA understands the sacrifices, hence the handsome funding which is nothing compared to what Pakistan had lost.

On official record, it is more than $100 billion dollars totaling so far.

Not the first time that happened. It all started in 80's where USA went to Pakistan begging for help to resist against USSR, that invaded in Afghanistan.

I know it hurts you to admit that USA trusts Pakistan more than India in regard of capability of tackle terrorism, and even today, Pakistan is brought to the task force to tackle the terrorism of ISIS personally by USA.

What i have provided is on the official records which your response, as usual, sound rhetoric like your Indian medias sound.

Pakistan's fight with terrorism is its own problem. You talk as if the world owes Pakistan favors but why is US responsible for Pakistan's ineptitude?
Pakistan's participation in COIN ops in their own country doesn't make them entitled to billions of dollars. That is just self serving at the least.
Face it, it is just aid and no amount of you twisting phrases will change that fact.
https://www.usaid.gov/pakistan
http://beta.foreignassistance.gov/explore/country/Pakistan

Pakistan's fight with terrorism is its own problem? I take it Pakistan conjured USSR and told USSR to invade Afghanistan? USA didn't come to Pakistan for help since there was no threat of USSR against Afghanistan and Pakistan?

Not to mention, Pakistan is fighting against TTP that is responsible by RAW+Afghan Intel - acknowledged by
your own Ajit - personally chosen by your allegedly mass genocider, pm of India?

You don't understand the concept of proxy wars. Nobody funds itself to destruct itself. Rather a nation funds terrorism through proxy wars to destroy its own enemy. So who stands to benefit from the destruction of Pakistan judging by the pattern of Karachi/Balochistan/Afghanistan?

Just because you consider the whole world stupid, that doesn't mean they are stupid. If anything, they consider you stupid as your lame attempts to fool with greater lie through the Indian medias often backfire on themselves eventually, never mind looking stupid all the times. Like Modi attempts to turn Arab nations and Turkey to turn back on Pakistan as part of his foreign trips for his foreign policy. For the last time, stop embarrassing yourself.

LOLOL tiger of economy in Asian world.
When did that happen?
Pakistanis always talk of the past, whereas completely ignoring their present condition.

Again, history is not your strength. Like i said, stop embarrassing yourself and come back with the proper research.

Back to the topic;

That's why Pakistan is getting back on the right track because they have done this before and they can do it again. As usual, Indians were jealous at the success of Pakistan during 60s, and even now, Indians continue to remain jealous at the success of CPEC aka Gawadar Port.

Pakistan and India were in the same boat 60 years ago, same economic conditions and everything else.
And now look we are the fastest growing nation in the world and a BRIC nation. Where is Pakistan again?

Indians were living off the grass during when Pakistan economy was thriving in 60s. Unfortunately, the war happened, and one thing led to another; Pakistan situation digressed, but not anymore.

Proof? Not gonna fly?
What can they possibly do about it.
We are not inclined to give any one anything.

If UK is unhappy with what is happening with their money then they should stop giving it away.

And again you are completely ignoring the fact that this aid goes to their own NGOs, they should be asking about how helpful they have been or rather how inept they have been all this time.

Not miraculously dear, with hard work and perseverance have we got this far.
Our space program costs 2 billion a year and a few hundred million from UK makes it possible.
Use your brain son.



Do check your facts.
I realize some people just hope against hope for India to fail but sadly they will continue to be disappointed for as long as they live.
http://www.rediff.com/business/spec...s-poverty-rate-has-fallen-to-124/20151015.htm

Indians claim to be independence supa pawa, yet the aid goes missing all the times. That was the question. Where is the aid being spent on?

India is always been failure in justice where it ended up appointing allegedly mass genocider as pm of India, failure in foreign policy where Modi's anti-Pakistan campaign backfired to his face as he came back home empty handed , his inability to provide protection for minority as his communal party threatens to undermine the spirit of democracy, joke in I.O.K where Indian army is seen as Evil Nazis rather than protectors. No respect for women where the nation enjoys the reputation in the world, the rape capital of the world.

Not only that, people in Pakistan always send remittance to India which totals up to 14 billion dollars and more, which shows people from your land are even dependence on Pakistan never mind UK/USA/World.
Do i need to go on?

The aid are missing as poverty increases in the nation that is already lacks of washrooms all over India. Yet, the satellite orbits are afforded easily out of nowhere considering it is same nation that is heavily dependent on Pakistan never mind the world. The question does arise as to where the aid is being spent on if not on to eradicate the poverty. Your defense budget also cleared some confusion, and for that, thank.

Between 2002–2010, US Congress approved $18 billion in military and economic aid from the United States. However the Pakistan Treasury only received $8.647 billion in direct financial payments.

Total aid since independence
In total, the United States obligated nearly $78.3 billion to Pakistan between 1948 and 2016 in constant 2016 Dollars.

Year Military (USD in billions) Economic (USD in billions)
2002 1.36 1.233 for 2002 to 2004
2003 1.500
2004 1.200
2005 1.313 .338
2006 1.260 .539
2007 1.115 .567
2008 1.435 .507
2009 1.689 1.366
2010 1.232 1.409
2011 1.685 unknown
Total 11.740 billion Military AID
6.08 billion Economic AID


Source : Wiki
https://en.m.wikipedia.org/wiki/Foreign_aid_to_Pakistan

So wikipedia? That is great helpful. Very authentic report.

 

[SBUS-CXK]

Yea or perhaps or it could not be. You'll never know!!!

Naughty reply. But let a person feel happy.
I remember China to import to India's "devil capsicum"