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Comments by "M" (@mg.f.9023) on "China's drastic FDI decline, strained ties with India, Taiwan factor: Shekhar Gupta with Sana Hashmi" video.
Today, China's productivity is nearly double that of India. While 45% of Indian workers are still in the highly unproductive agriculture sector, China has graduated even from simple, labour-intensive manufacturing to emerge, for example, as a dominant force in global car markets, especially in electric vehicles.
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China controls 95% of the production and supply of rare earth metals, integral to manufacturing magnets for electric vehicles (EVs) and wind farms, and this monopoly has allowed China to dictate prices and stir turmoil among end users through export controls. geopolitical tensions between the West and China risk the reliable supply of rare earth minerals. If China persists with export restrictions, as it has with commodities like as germanium and graphite, supply could be further compromised. Rare earths, a group of 17 elements used in various products including EVs, wind turbines, and consumer electronics due to their magnetic and electronic properties.
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MG Motor UK Limited, trading as MG or MG Motor, is an automotive company headquartered in London, and owned by the Shanghai-based Chinese state-owned automaker SAIC Motor.
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@Anomander5622 To compete with the top economies of the world India needs to focus on Quality education and skilling of labor, on TOP priority.
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Sana is right, China shows its people that all neighbors are bullies and hence keep an aggressive push towards neighbors and keep pushing its boundaries. Funny, our government shows China as a friend and keeps importing from China..
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@PanakaluPoonakam Let's stop living in a small bubble.. and keep open minded and be pragmatic. Wishful thinking is not reality.
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