"China has not adopted restrictive trade practices against India" must be a big joke.
Several Chinese decisions, even recent ones, hurt Indian trade and commerce interests directly or indirectly. A thread. /1 https://twitter.com/globaltimesnews/status/1278591609899114496
Several Chinese decisions, even recent ones, hurt Indian trade and commerce interests directly or indirectly. A thread. /1 https://twitter.com/globaltimesnews/status/1278591609899114496
August 2019
Restrictions hurting our operations in China, IT industry tells Goyal
https://www.business-standard.com/article/companies/mkt-access-restrictions-non-tariff-barriers-hurt-growth-in-china-it-firms-119080101896_1.html /2
Restrictions hurting our operations in China, IT industry tells Goyal
https://www.business-standard.com/article/companies/mkt-access-restrictions-non-tariff-barriers-hurt-growth-in-china-it-firms-119080101896_1.html /2
May 2019
Full tech ecosystem being blocked implies restrictions for content creators and tech entrepreneurs, and not just Indian
Here are all the major US tech companies blocked behind China's 'Great Firewall'
http://www.businessinsider.com/major-us-tech-companies-blocked-from-operating-in-china-2019-5 /3
Full tech ecosystem being blocked implies restrictions for content creators and tech entrepreneurs, and not just Indian
Here are all the major US tech companies blocked behind China's 'Great Firewall'
http://www.businessinsider.com/major-us-tech-companies-blocked-from-operating-in-china-2019-5 /3
June 2020
China is an emerging territory for Bollywood, but with a quota of ~50 film exports. Filmmakers usually pre-sell their films to local distributors and barely receive 10-15% of the final profits, even though the films made huge revenues.
https://www.livemint.com/news/india/bollywood-may-shun-chinese-market-for-now-11592713057715.html /4
China is an emerging territory for Bollywood, but with a quota of ~50 film exports. Filmmakers usually pre-sell their films to local distributors and barely receive 10-15% of the final profits, even though the films made huge revenues.
https://www.livemint.com/news/india/bollywood-may-shun-chinese-market-for-now-11592713057715.html /4
2019 US assessment
"China is one of the top global FDI destinations due to its large consumer base and integrated supply chains. China remains, however, a relatively restrictive investment environment for foreign investors due to restrictions in key economic sectors". /5
"China is one of the top global FDI destinations due to its large consumer base and integrated supply chains. China remains, however, a relatively restrictive investment environment for foreign investors due to restrictions in key economic sectors". /5
"Even in sectors “open” to foreign investment, foreign investors often face difficulty establishing an investment due to stringent and non-transparent approval processes to gain licenses and other needed approvals".
https://www.state.gov/reports/2019-investment-climate-statements/china/ /6
https://www.state.gov/reports/2019-investment-climate-statements/china/ /6
China's business "features" like protecting their SOEs and intellectual property infringements are well known. Services business, the real Indian strength, is impossible to manage without the latter. China invoking WTO etc is supremely ironical. /end