Topic: India is the new economic leader of global south. And replacement for China?... (Read 1324 times)

If India can work on their leaders to change some of the things that is not making manufacturers in their country not to progress like other manufacturers that is getting more support from their government financially and materially to progress and to enable them to spread their products all over the world and, I believe it will surely make India to explode in quality and quantities products more than China in the nearest future.

India has to improve several important sectors if it wants to become the leader of the global south or replace China. The manufacturing sector and the education sector and even the law are still very unsupportive for India to replace China which has a fairly good position on all factors. The most important with education qualities drastically difference between India and China.

I don't sure how many decade need by India to reach the same level with China has made quite good progress in all factors, including education, law and even economic conditions.
I think the only one advantage or possibility for India to compete China about the total population and every years the population increases every year without being accompanied by better economic conditions.

A lot has really been happening between these two countries, India and China and it borders around power, and economy.

The BRICS countries is one particular interest that has bound these two countries together and if they are to make it work, both countries may have to trade and that means that whatever it is that India is working on, the Chinese will get a fair share and at a cheaper price if all things remain equal.
I don't doubt that both countries can work together and benefit from each other but recently in the news there was report of tensions brewing between both countries and the live surface to air missile test fire exercise carried out by the Chinese military didn't do well to ease the tensions rising.

The thing is that just like China, the Indian population is primarily comprised of untilled lands and undeveloped city-scapes, but that was 10 years ago, and as of now China has developed their country to become one of the fastest producing countries in the planet, so much so that the "made in china" tag has been a staple for a lot of our products over the years. Catching up to that is going to be a little difficult considering the fact that the Indian population's still pretty much underdeveloped, let's be real here.

India's on its way though, I've seen news about them pushing for even more commercialization and urbanization of some of their territories to offer prime real estate and Indians are on the way to become one of the most efficient workforce components as of date, in some cases they even body some of your local employees in their specializations. Ever heard of how efficient indians are at cold-calling and call-center experience?

Only problem at this point is the mismanagement that some companies in the Indian peninsula is performing against their employees, which in turn forces these efficient workers to either move out of the country or resort to a life of scamming and crime, not to mention the deep-seated roots of caste and prejudice within the country which stops people from working hand-in-hand to develop the country's economic sector. Once that's taken care of (and honestly have their insights about hygiene be kept on check as well) I can see India becoming a more favorable country to outsource workers and products to. 

Thank you. Did you read what it says?

Such as you will most likely find here:
https://en.wikipedia.org/wiki/Mass_media_in_China

Are here no chinese members?

https://www.ft.com/content/3f6575a5-048c-411d-8103-162d4b27fcbb

You most likely have to use archieve or any other site collecting media data. 

Or here's the simplest question - provide links to Chinese media where the problems and extent of the Evergrande crisis were regularly discussed ?

India is the new leader of the global south .... And a replacement for China ?

China has recently started to openly surrender its position. both politically and economically.
politics is not the place to discuss, but the economy leaves much to be desired. Although it is partly a consequence of politics )

But to the main point - in the "Global South" today there is a situation when yesterday's leader, China, can no longer fulfill this role (although it wants to), and no one can take this place except India, due to many reasons.

At the same time, India looks much more attractive to the "Global West" than China, which has decided to go into a dictatorship inside, and has a rather dubious foreign policy. China has ceased to be a profitable global factory, plus purely political contradictions with the West. It was the outflow of Western investments, and the decline in demand of the Western market for products manufactured in China, that became the catalyst that accelerated the 3 processes:
- Import growth
- Reduced exports.
- And as a consequence, a shrinking trade surplus.

At the same time, a very complicated situation is brewing inside China with a chain of bankruptcies of budget-forming companies. Of course, China will hide it, but as they say "you can't cheat arithmetic, and 2+3 will never be 10". Another problem is the relocation of Western assembly sites from China. Large regional high-tech companies are also leaving Chinese sites - for example, Samsung.

And guess where all this is moving to ? That's right - to INDIA ! Stable, predictable, adopting the Western vector of development, and moving away from contacts with "dubious countries". India does not "beat in hysterics of dedolarization", does not conduct dubious negotiations, and does not support economic terrorism of some other countries against the world economy. India benefits from stability, long-term mutually beneficial relations with the developed world, a well-deserved place in the world economy and financial system, and realization of its regional ambitions, which China is beginning to lose by failing to implement 2 projects:
- "Yuanization" of the BRICS countries
- An attempt to "put the same BRICS club members on the needle" of importing Chinese products.
It was a poorly concealed but absolutely understandable attempt to save the economy, but ...

What about India? A country with a huge territory and great human potential, developed industry, and long-established ties with the Western world. India has a very good education, and not a small middle class, with good education from western educational institutions. In India, stealing Western technology is not part of the economy as it is in China, for example. In terms of logistics to EU and African countries, India is more conveniently located. Plus in India there is no problem of population aging, which started to give itself in China "thanks to" the policy - "one family - one child". It is also worth paying attention to the IT market - it is perfectly developed in India and continues to compete with other markets. Plus - wiser, more balanced and liberal business policy is what China is losing and will not contribute to the free development of the economy.


So the question is - what do you think about India's potential, opportunities and prospects, in light of the idea of India becoming at least the economical "Head of the Global South", and possibly "one of the poles of the world system" ?

What sources do you use, how reliable ist the news from China?
Many of those news are not sources in China, the fetch them from people who are not journalists.

Read the news about the state of the Chinese economy, and suggest the reasons for what is happening, if the above problem areas, in your opinion, have nothing to do with this?

And how much impact all of this will have on China? They are in due course to overtake the United States as the largest economy in the world, in some time. And don't think that Western nations are the sole importers of luxury goods. Wealth creation is accelerating in other parts of the world, including middle-east and Latin America. And luxury goods represent only a small fraction of the overall Chinese exports. And now coming to education, I haven't seen any large drop in the number of Chinese students studying in western nations.

I have to disappoint you very much....
China is heavily dependent on the Western world. Just a couple of dependency examples:
- Sales markets. The most profitable markets (ready to buy expensive Chinese goods) are Western markets. African countries or North Korea will not buy expensive goods en masse.
- Technologies. This has already been discussed many times. China was built and fights at the expense of Western technologies, I won’t say that the entire economy, but a significant part. But most of what China supposedly “invented itself” is illegally borrowed technology, violation of patents, copyrights, and so on.
- Education. Not without reason, after China began to strain relations, one of the first “quiet” moves of the West was what? A ban on the education of Chinese citizens in higher education institutions of high technology, and restriction of access of Chinese citizens to high-tech projects in Western countries. This started during the Trump era, you can easily find information

I can only say that India is trying but in terms of surpassing or replacing china in terms of economic growth or development and technology advancement that is almost impossible for them, China has all it takes in terms of standing as a sovereign nation, their production capacity is very enormous and they are not ready to be controlled by any western decision, the have really moved away from such control for a long time, India is still growing if may say, they can can be controlled, it will take them much time to reach china level, despite that their economy is becoming strong, there is something I value about China and that's trying as much as possible to be totally independent in everything, they don't want any nations aid so that it won't be used against them, so everything is made in china for China and people that needs China's services.

India has a LONG way to go in order to replace China and it definitely is not YET the "economic leader".

However, what may happen in the future is that as China moves more into the high tech productions and as the Western problems with China grows, they start moving some production to India considering that the Western countries are not capable of producing any of these things domestically. That would give India an edge.
We all know that this itself is a big problem for India because unlike normal countries, the Western countries see any kind of economic growth as a threat! After all that is why they have problems with China. So we can already predict that the same Western countries that "allow" India to grow will try to slow down that growth and keep it to the levels they like.

But this hasn't happened yet and it also requires a lot of other things specially as the World Order is changing and if India keeps making mistakes (like the most recent one with the Arab-Med corridor) the economic consequences of it could push them back by a lot.

india is global south.. china is global north

india's global south competition is africa and south american countries

china's global north competition is russia, europe, north america

(economic north-south is more of the tropic of cancer, not the equator)