Comments by "F Liu" (@F_Liu) on "India Opposes Rapid BRICS Expansion - Big Win For America?" video.

  1. India's recent actions towards some Chinese companies/investments have proven that they are not at all a trustworthy business partner, and they of course have a historical reputation in this regard. Not only they are not upholding the principles of these organizations, they are actually actively undermining its progress.
    10
  2. I can not have said it better, great comment!
    9
  3.  @happymelon7129  Good dog but no treats
    6
  4.  @ABBZ120  ''Despite having a large consumer population and a fast-growing economy, India is increasingly known as a hazardous “graveyard for foreign companies.” In the World Bank’s Global Doing Business report, India, which is expected by some to become the “new factory of the world,” was ranked as one of the worst countries in the world to start a business. “Ease of doing business … there are very few countries we can compete with, obviously from the bottom. Probably, this is the worst country to do business in. That is a very frank statement I want to make,” Pankaj Mohindroo, chairman of the mobile industry body Indian Cellular & Electronics Association, once criticized the business climate in India. Over the decades, wooed by the seemingly booming market, plenty of multinational companies have tried to jump on the bandwagon of exploring investment options in India, but few have proceeded any further. In recent years, the Indian government has doubled down on blackmailing foreign companies with trumped-up charges. Google, Amazon, Nokia, and Samsung have all suffered billions of outrageous fines, while others including Xiaomi, OPPO, Vivo, Intel, and Wistron have also hit snags in the Indian market. According to data from the Indian government, from 2014 to 2021, nearly 2,800 foreign companies registered in India closed their operations, accounting for about one-sixth of the total number of multinational companies in the country. Through means like imposing huge fines, freezing deposits, and confiscating assets, the Indian government has habitually snatched the business gains of foreign enterprises. “You can earn money here; you can spend money here, but you can never take what you have earned here back home,” some investors in the country have lamented.'' ''How India turns into “graveyard for foreign companies”'' (Sri Lanka Guardian, 2023-07-25)
    1