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>Hell, it’s easier for me in America to do business with either China or India than it is for them to do business with each other. I don't see how you can make
by boffinAudio 2y ago
>Hell, it’s easier for me in America to do business with either China or India than it is for them to do business with each other.
I don't see how you can make that claim from such a distance.
- chipdart 2y ago> I don't see how you can make that claim from such a distance. The distance matters little if you're comparing reality with unbelievable claims that don't hold up to the fastest scrutiny.
- JumpCrisscross 2y ago> don't see how you can make that claim from such a distance I am travelling to India on a tourist visa in November and again in December. (I have family in India.) That literally hasn’t been possible from China for two years [1]. It’s also easier to do money transfers between China and India through the U.S., because both have capital controls and both flag large transactions with the other. (I do more business in India than China, but there aren’t many hurdles.) [1] https://www.indiatoday.in/india/story/india-tourist-visa-chinese-national-suspension-retaliation-1941279-2022-04-24 https://www.indiatoday.in/india/story/india-tourist-visa-chi...
- alephnerd 2y agoHe's right. India's ED has de facto been raiding Chinese businesses and forcing them to divest to Indian ownership after 2020. For example, MG Motors India is now majority owned by JSW Group, Huawei India (once Huawei's largest R&D hub and their main chip design hub) was forced out of India after the Doklam standoff, and all the Chinese mobile manufacturers were harragued by the ED and sold their assets to Samsung, LG, Apple affiliates, etc.
- unmole 2y ago> Huawei India (once Huawei's largest R&D hub and their main chip design hub) was forced out of India after the Doklam standoff Yeah, no. Huawei Bangalore was tiny in comparison to Dongguan, Beijing and Shenzhen. And far from being the main chip design hub, barely any hardware specific work happened in Bangalore. Source: Worked for Huawei Bangalore for over 6 years.