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Comments by "Anonymous" (@Anonymous------) on "15 Reasons Why China's Economy Will NOT Collapse" video.
@MarkYeung1 Why is it that foreign companies especially from USA are opening more numbers of outlets in China than in any other country in the world? Why are big name European companies such as BMW, Bayer, BASF and many more setting up their businesses in China? Where are many USA companies getting most of their total sales from China but not their home country USA?
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@MarkYeung1 You're silly and uninformed. Canada exports mostly raw materials such as crude oil, minerals and wood to USA. China doesn't have those things for export, in fact China has to import them. Due to Russia stops supplying oil to USA, so USA has to import it from Canada instead. Most of the exports from Mexico to USA are manufactured cars produced by factories owned and set up by USA companies. As unionized wages in USA increase the more dependent USA on cars produced by factories set up by USA car companies in Mexico, to take advantage of lower labor cost. Cars are high priced items but Mexico gets only a small fraction of the export values as wages. USA also increases oil import from Mexico due to the loss of the Russian oil supply. USA was importing about 10% of its oil from Russia before the USA's sanction imposed on Russia, now Russia is replaced by Canada and Mexico. These had nothing to do with China.
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@Prithvi2577-c1r India didn't have its first written language until it created the Classical Sanskrit based on ancient Aryan Vedic Sanskrit. The Chinese Oracle Bone Script predated Indian Classical Sanskrit for a very long time. Much of India's culture includes Hinduism originated from the ancient Aryans.
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@MarkYeung1 Can anyone from India go into USA and set up a business there?
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@MarkYeung1 China is Stil the world's biggest exporter! China GDP: $19,374 billion GDP By Country Per Capita: $13,720 Annual GDP Growth Rate: 5.2% China has witnessed a notable upsurge in its economic progress, moving from the fourth rank in 1960 to the second rank in 2023. The Chinese economy predominantly hinges upon manufacturing, exports, and investment. It possesses an extensive workforce, robust governmental backing, infrastructural advancements, and an expeditiously expanding consumer market.
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@Andy-P You're ignorant. Those foreign companies go to set up their businesses in China because of the Chinese market, that's where they can make a lot of money! You have never heard of Elon Musk and Tesla, and you don't know why he becomes the world's richest man because of the Chinese market.
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@Andy-P It's USA government using intimidation to force companies by its citizens to leave China. More foreign companies are entering China than leaving it. Tesla is still in China. Amazon's Bezo is still making a fortune from products produced by China for foreign companies. Those are the world's top two richest men and both need China.
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