India’s Endless Struggles Against China’s Exports Dominance with Ila Patnaik | Puja Mehra | The Core

In this episode, Puja Mehra talks to economist Ila Patnaik about the complex challenges India faces as it strives to compete with China's export dominance. They talk about the uncompetitive infrastructure, higher labor and energy costs, and irrational tariff structures that hinder India’s manufacturing sector. Patnaik discusses the impact of China's post-COVID economic slowdown, its focus on exports, and the implications for India. She argues that India must address its internal economic issues before considering protectionist measures, and emphasises the need for a comprehensive strategy to counter China's export-driven model.
ABOUT ILA PATNAIK
Dr Ila Patnaik is the Chief Economist at the Aditya Birla Group. In 2014 she was the Principal Economic Advisor to the Government of India. Her research interests include international macroeconomics, finance and emerging economy business cycles and she has been published in journals such as the Journal of International Money and Finance, the World Bank Economic Review, International Finance, and in collected volumes. She has also been a regular columnist with The Print and co-authored (with Bhupender Yadav) the book The Rise of the BJP: The Making of the World's Largest Political Party.
#indiavschina #chinaexports #economiccompetition #ilapatnaik #indiaeconomy #tradewar #manufacturingindia #exportchallenges #indiavschinanews #pujamehra #thecore
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[@frankm6218]

Japan and Germany dominated Chinese electronic market until 10-15 years ago; and dominated Chinese automobile market until this year 2024. China had never “struggled against” Japan or Germany, rather thanked them to brought good technologies and good products to China. And … Chinese learned from Japanese and German, it is why now Chinese produce better products than Japanese and German.
So rather than hate and struggle against Chinese, Indians should appreciate Chinese providing affordable and good quality goods, and try to learn from Chinese.

[@Charvak-Atheist]

yes

[@DineshTwanabasu]

India should stop being too much obsessed with China and start cooperation for mutual benefit. When China grew it was not obsessed with US. So learn something from China.

[@robertng2398]

only with competition, one can improve. if no country wants to buy , then there is no export. someone just want to buy before someone will produce it.. that's how the world works.

[@vjaysan]

India fails to appreciate that China reached the top of the heap through sheer hard work and persistence, driven by a sense of destiny and pride. Many Indians have done so as well, but sadly it is not attributed to the same characteristic.

[@davidzan9190]

There are multiple factors leading China success, culture, traditions, history and customs are playing more important role.
Please don't simplify and labeled everything as "democracy Vs dictatorship "
The factors for Chinese success are:
1 China is secular society and no religion conflict in history.
2. Farm land reformed and eliminated landlords
3. Social equity and gender equality.
4 invested heavily on education, though China was very poor in 1950's but the literacy increased dramatically in a decade to 85% from 10%.
5. Superpower is not Chinese goal. The Chinese students are taught no interesting to be Superpower in the school. It is very rare find Chinese netizens say they like to become a Superpower.
5. From local to national level, all buplic servants and officers
are requested the bachelor degree as minimum pre-qualified get the position.
6. Don't follow western ideology and remember the hundred years humiliation from colonists invaded.
7. Birth control.

[@zengpang3177]

The thumbnail depicted at the beginning is totally wrong, the two fists are not equalling size, China fist should be 5 times bigger than India one.

[@swapan]

Please fix the audio. It is bad when played at NORMAL speed and worse / incomprehensible when sped up. There are audio artifacts.

[@srinidhirao1620]

Excellent discussion 👏

[@thecore_in]

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[@lv9657]

If there is no demand, what is there for China to export ?

[@xuray6082]

The only solution is to force China to rises it exchange rate from 1 usd:7 rmb to 1 usd: 3.5 usd, like many year Japan does. but need 2 conditions, one is US admit China gdp is bigger than us, two is China not a sovereign country。Looks like impossible any soon.

[@blackknight4996]

“Force" does not apply to China. Nobody can force anything onto China today.

[@zengpang3177]

the attitude of India hating china is very ungrateful, it's China who stopped India forward policy, consequencely 7 millions India soldiers life were being saved.

[@sundareshanal1849]

This is a global problem. Geopolitics has to see this imbalance and confront it politically.

[@JasMine-nq6ci]

This policies will further take India from de Feudal Age with Feudalism to de Bronze Age...U can learn so many lesson from China....

[@dkvreddy3099]

The music is really the spoiler of the talk

[@Fun_and_Knowledge_]

10:13

[@Chota_Don69]

is this voice generated using AI ????

[@TheBg1957]

Why bother? India is already a Superpower.

[@JasMine-nq6ci]

India should get rid of Feudalism + de Feudal economy & move towards de AI + Digitalized automated manufacturing... like China...

[@anpsinhasinha8499]

Poor response by ila

[@dawner84]

I am really happy to see that the opinions of Indian experts are so narrow.

[@rupokdas8292]

Today what we see competition economy race of money USA China Bharat but we need to understand artificial intelligence activities knowledge China growth economy business development round world good price sip prices it called artificial intelligence activities so quickly undar control Chinese how to become number one taje please world remember so faster artificial intelligence creativity fold down Chinese artificial intelligence can't understand udar limitations of program development but Bharat economy deployment artificial intelligence activities knowledge is not so faster creativity of action competition because Bharat every step artificial intelligence how to work quality principles and given good quality of prices quickly faster artificial intelligence is so dungarees can't mentening belence any time can collapse but Bharat it will going every step storing economy business relationship GDP growth behind artificial intelligence activities of knowledge undar control of limits and business development longer exists good price goid quality principles direction it give believe system round world constitution of business economy quality undar limitations Bharat one day take place number 2 economy in this world USA economy business relationship rong direction can't move probably business development meney region that so USA lidarship empire continues Loss even European lidarship that so today everything is changed no one can't bring solution world constitution of lidarship of peace what ever alas 2 why divided economy policy of power between Europe USA Asia this period take place bricks power of economic power of money race region no one parfait can't understand artificial intelligence activities knowledge win faster Loss faster it why of artificial intelligence activities non belence non direction non political lidarship that power of economic collapse no longer exists world constitution no one can't bring parfait artificial intelligence and lidarship belence of world constitution discipline peace value quality principles of direction it begest trouble and mistakes world leaders of politics Bharat economy working step quality good price economy growth longer exists truth of detection belence of limits under artificial intelligence knowledge

[@jimmiboby8898]

Very bored

[@nononsense129]

First of all, Modi should stop politics of hatred, and he should sincerely implement his own mantra of sabka saath sabka vikas. Gone are the days of doing thaanashaahi politics. Today, even a.small country in our neighborhood won't tolerate politics of hatred