QUOTE(JoeK @ Jan 17 2020, 11:13 AM)
Important questions is why India cannot similarly like China?
Both huge country with huge market
One thing I see is everything is so cheap in India, while everything is expensive in China..
A proper satisfying food in china might be around USD4 per meal, while in India around USD1 only, or maybe less..
Cheap cost of living drag average salary down
Lesser tax paid,
Lower country income..
But while lower salary benefits company operation cost, it still hurst as imported things like nuclear technology or machines are still expensive.
Thats what I casually see lah.