Indian consumers and manufacturers getting sensitive to domination of Chinese goods in Indian market
China’s emergence as a recent economic superpower is in no small part due to its massive production industry. The coastal factory towns produce an assortment of goods — with equally varying degrees of quality — on an enormous scale and with low cost, only for them to be shipped off to the rest of the world. Cheap labour —allegedly through labour rights violations as well as slave labour — and brazen theft of intellectual property have played a fairly large hand in cementing the Communist state as a principal hub for free market production.
Experts had prophesied a subsequent political transformation from communism into a democracy with the liberation of China’s economy. Unfortunately, the Chinese Communist Party (CCP) has pioneered a sinister amalgamation of the ugliest aspects of Marx...
