David Roche says India won't replace China in global trade

David Roche, president and global strategist at Independent Strategy, says China may be stagnating, but it's "stagnating at a later stage of development than India."

[applebee]

He sounded like an adult calming down a hysterical little girl.

[呵呵哈]

If India is better than China, then India will not ask these questions with a guilty conscience

[thomasrogers]

CHINA IS NOT LOSING MANUFACTURING TO INDIA, . CHINA IS SHIPPING LOW VALUE ADDED MANUFACTURING TO INDIA VIETNAM MEXICO AND AFRICA. CHINA IS NOW FOCUSED ON HIGH VALUE ADDED MANUFACTURING..

[harryzhang]

To be fair. Nobody is replacing any body. China would move on and develop, may be in a slower pace. And so would India. The West is trying to encourage unhealthy competition between these two giants considering it as a zero sum game. It is not. Just work hard and smart to achieve progress, for everybody.

[ricotheman]

One thing needs to be clear, to industrialize, you need power, electricity power. There is no way to work around it. So before talking about India replacing China, ask yourself, do you have enough energy to do so?

[arminius]

India right now is competing with Vietnam, Bangladesh and Indonesia to attract outbound industry from China and right now it's losing to all three. Vietnam, a tiny country exports more than India.

[userngo.bmo]

Why is India so fixated on wanting to compare with China!

[dicky-duck]

asking the same question in different ways, but still got the same conclusion, must be very sad for some.

[thomashunter]

He is right. India is still a difficult place to do business for foreigners. That is why most of the manufacturing that moved out of China went to Vietnam, Mexico and Thailand.

[zackwang]

I laugh Every time I see people trying to compare india to China

[_Negra_Arroyo_Lane]

Interviewer doesn't understand that back then it was all hands on deck in China, tens of thousands of industrial parks built over a few years, dozens of special economic zones created, hundreds of millions of peasants migrating to the cities to work in the factories. That is what is needed to at least be comparable to China. No such thing will ever happen in India.

[odin]

The only thing India can compete with China is population. Other than that is zilch.

[amunra]

The host is very against China snd always tries to put it down.

[clipwat]

My recommendation to India:
- Talk less, Do more
- Be humble
- Stop compare yourself with anyone, especially China
- Stop anti-china rhetoric and policy.
- Seek cooperation with china

[NathanMarchack]

I'm laughing at "look at the stock market charts!!!"

[蔣經國-co]

China is the world's largest industrial country, the world's largest trading country, the world's largest automobile producer and consumer, the world's largest electricity producer and consumer. China has the world's longest highways, high-speed railways, and subways. China is truly the world's largest economy, and there is no comparison with India!

[indiaashutosh]

The anchor tries to laud Modi govt and the guest slaps her right back . . .Indian media is just abhorrent

[zolamadda]

I remember buying a stock in 2018 that was beginning a JV under the Make in India project. To this day the factory is still not working.

[keli]

india's growth is benefiting stock holder, Chinese growth benefitted common worker

[sjaw]

The stock market is not the real economy! The Japanese stock market boomed but its economy is weak, productive competitiveness gone!