Indian Economy

The Asian tiger club economies weren't 'allies' - far from it.



That's not what the orange man wants. He is targetting finished goods (mostly) - the high auto tariffs he is obsessed with are meant for finished cars - not SKDs or CKDs.



I have busted this myth time and time again - a high % of our population is considered rural because the retards at the NSO have not updated their urban-rural classification standards in years - maybe decades. And the likes of NFHS and all other shitry govt surveys are conducted based on these standards only.



Keeping the issue of 'poverty' aside, you are suggesting the complete opposite here. Us importing finished goods from some uber rich nations does not help us industrialize. There is a reason why emerging markets tend to have higher tariffs.



This has to be satire, right? Right?

Chongs are possibly the most protectionist economy even now - those artificial low tariffs don't mean shit when they continue to have opaque trade barriers, slap anti dumping duty on pretty much every product category imaginable, subsize exports, incentivize excess production (only to dump them worldwide), politicize global trade and a state backed industrial espionage programme (all of this adds up to protectionism). Heck, even now, a good majority of the phoren companies are not allowed to operate there independently (in absence of a JV with a local partner) and their gormint is yet to ratify a number of WTO provisions. You are literally providing a counterexample here.

Some useful links (posted them before, doing it again);









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Non tariff index with immeasurable weightage points seems to be cope mechanism, If you discard the "restrictions on foreign entry" part, they would rank pretty low, lower than lots of European countries.
In modern world business takes place online. If one has to show some physical product sample, they could hire a local language fluent translator and send a sample for display, have an online meeting.
Our Dhando swines order from Alibaba kind of platforms without hesitation. Entry restrictions is not something of a big hurdle.
 

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