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China must worry about jobs as firms move production to India

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China must worry about jobs as firms move production to India Empty China must worry about jobs as firms move production to India

Post by Seva Lamberdar Mon Sep 26, 2016 11:10 am

BEIJING: As China's telecom firm Huawei starts manufacturing in India+ , official media has raised the red flag, warning that Beijing needs to worry about job cuts due to shifting of production bases as economic rivalry increases between India and the world's second largest economy.

"China needs to worry about effect of industrial transfer to India on production chain," an article in the state-run Global Times said on Monday.

"As Chinese manufacturers show an increasing interest+ in setting up assembly lines in India, the economic competition between the two countries is likely to enter a new stage as India and China vie to expand their industry chains," it said.
(contd.)

http://timesofindia.indiatimes.com/world/china/China-must-worry-about-jobs-as-firms-move-production-to-India/articleshow/54520824.cms

Seva Lamberdar
Seva Lamberdar

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Join date : 2012-11-29

https://docs.google.com/document/d/1bYp0igbxHcmg1G1J-qw0VUBSn7Fu

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China must worry about jobs as firms move production to India Empty Re: China must worry about jobs as firms move production to India

Post by Kayalvizhi Mon Sep 26, 2016 11:18 am

It is times like this I wish TN is an independent country. All thee jobs would come to TN because workers are better educated with excellent work ethic.

TN gdp and level of living would increase multifold within 5 years

Kayalvizhi

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