Comments by "KK C" (@k.k.c8670) on "Russian Dy PM Denis Manturov’s message for Indian ‘dollarphobes’. Trade data u0026 BRICS/rupee fantasies" video.

It's quite clear that India isn't producing things that other BRICS countries want to buy. It is also a problem that the things that the other countries do buy from India are not value added goods. As is, the Russians have stopped shipments of military stuff to India due to payments issue. India owes USD 2B that the Russians are refusing to accept the Rupee or Dhiram for. The Chinese RMB is the only viable currency for trade among BRICS countries now if they want to bypass the dollar.
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@biswaroopmaiti2943 you really need to educate yourself on China's manufacturing base. There is a reason why it exports 4T each year. China has been making 140kN to 185kN fighter jet engines for years now and all its fighters are now equipped with them. Look at India's manufacturing and even agricultural sectors. Chinese machinery are everywhere. Heck... Look at your s400. It's packed with Chinese electronics and yet you denigrate others for not making silicon chips! Be rational, dude. India manufacturing sector 3-5 years behind china's!!? US companies not allowed in China!!? You make people speechless. Go study china's manufacturing or even better, Go there and see for yourself.
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@JohnSmith-vn8dm that would be tough going to find countries that don't want Chinese goods. Over 120 countries have China as their largest trading partner. Heck, even those who 'do not' want Chinese goods count China as top 1 or 2 . Australia, US, Japan and India included.
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Yup. The RMB would sky rocket as a trading currency if capital controls are removed and it becomes fully convertible. It's in the plans but that isn't something you do willy nilly.
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You don't even understand basic concept like YoY and you write such a long rambling post. No one knows what you are trying to say
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@Noname-cm7hy software services is not a focus area for China to sell globally. It does have some pretty global offerings. Tik Tok of course, but it also has SHEIN, Temu, Meitu. In fact 4 out of top 10 app store downloads are Chinese software did you know that? Also, the 11.11 sale event that Alibaba holds is the world's largest in terms of sheer transaction volume. By far. Same for the train ticketing system during peak Chinese new year week. China is pretty high tech in software actually. China is also way ahead of India in embedded software. Imagine if China was an English speaking country.. It would have had a much, much larger footprint in both software and services by now.
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@varg92 Brahmos missile is a p800 onyx. I believe the Indians have changed some parts but the all important propulsion is still Russian and only recently have they attempted to replace the seeker.
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Misplaced nationalism makes people blind and prime to hubris
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@Rolipoli China does buy some stuff from India like textiles, leather products, agricultural stuff but those are quite basic products. Automobile parts that India makes are not for global or Chinese brands. And also, most of the things India makes, China also makes in much larger volumes. Here lies one of the problems.
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@Rolipoli denial of access? Do you know how many western countries do roaring business in China? VW, Airbus, BASF, Tesla, GM, Hermes, LVMH, BMW, Qualcomm, Intel, AMD, Lam Research, Nvidia and many, many more. Oh and apple derives almost 25% of its global revenues from China. Educate yourself.
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@Noname-cm7hy sure. China makes ERP, CRM, Mobile OS, server OS, all manner of mobile apps, e-commerce software, social media apps, ride sharing, delivery apps, logistics apps, payments apps, banking apps, insurance apps and yes, search engine also.
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@@kaushalbatavia2523 dude, China will certainly 'allow' any indian product to come in if it can compete. Don't try to blame others for poor productivity, quality and price. You don't need any permission to sell plastic flowers in China if that's what you wish to sell.
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@Rolipoli you make an accusation, you need to provide evidence, pal. Not the other way around. What do you mean by 'not allow'? Plenty of companies from many countries sell their stuff in China. You think Chinese people only consume made in China stuff? Duh. Don't anyhow hear things at the neighborhood market and think it's real!
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@Rolipoli if you don't know how to do business, don't talk nonsense. Here is an example of Indian products in China. youtu.be/qn5rEhbNuDE
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@Rolipoli time to get yourself better and more capable friends. And tell your current friends to ship quality products and to try not to cheat customs. Duh
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India is just importing smartphone kits from China, assembling them and re-exporting. Everyone knows that. You really need to separate your love for Modi and discuss economic issues, dude. I don't know how many times you had to mention Modi.
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@mandarinandthetenrings2201 let me just correct you here.. BRICS as a term was concocted by A Goldman Sachs guy BUT BRICS organization is NOT created by him!!
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@HC_15819 you think outsourcing IT back office functions and low cost generic pharmaceuticals products are 'high value add'?? And BRICS countries do not do much IT outsourcing to India.
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@alquinnpantilagan8293 China in long term decline? Let's have this conversation again in 10 years.. Heck, 5 years. In fact, India's 'rise' is grossly exaggerated if you look at almost all usual developmental metrics.
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