Vietnam Defense and News forum

[ety]

the Chinese have a different business model than most other economies do. they want to keep jobs and factories at home, they don´t move factories and jobs to cheaper labor countries and then import from there as part of supply chain.
All talks from Ccp to help poor countries to develop manufacturing is empty rhetoric. Vietnam capitalism is a bit different, more focusing on imports and exports.

Lol, have you heard of BRI, you have been sleeping under rock ? China has invested more than a trillion dollars in the last decade in developing countries to develop their infras, factories and economies. I know you take the Indian view on BRI, thinking it is a Ponzi scheme or debt trap, people like Indians and you like nothing more than China just give out investments in poor countries. In today's world, be honest, you are not going to find a more willing and capable partner than China in helping poor countries develop, not US, EU, Japan or India. One example, BYD is building factories in Thailand, Indonesia, Pakistan, Mexico, Brazil, Hungary, Spain and more.

Of course, China like any advanced country is not going to export all its cutting edge tech to the like of other countries like Vietnam.

 

[Viet]

Lol, have you heard of BRI, you have been sleeping under rock ? China has invested more than a trillion dollars in the last decade in developing countries to develop their infras, factories and economies. I know you take the Indian view on BRI, thinking it is a Ponzi scheme or debt trap, people like Indians and you like nothing more than China just give out investments in poor countries. In today's world, be honest, you are not going to find a more willing and capable partner than China in helping poor countries develop, not US, EU, Japan or India. One example, BYD is building factories in Thailand, Brazil, Hungary, Spain and more.

Of course, China like any advanced country is not going to export all its cutting edge tech to the like of other countries like Vietnam.

Is China share in manufacturing decline?

The problem with BRI is those countries borrow money from China to have something they can’t afford. China loans the money, earning interests on that money, sending own workers, earning back the wages, keeping all technology.