Quote from: bryant.coleman on October 21, 2016, 09:25:02 AM

Quote from: socks435 on October 19, 2016, 06:11:54 PM

Quote from: bryant.coleman on October 19, 2016, 05:52:41 PM

Quote from: DZU1410 on October 17, 2016, 01:34:00 PM

India in the near future will be a strong competitor to China. There's a large population and cheap labor. India now makes its first attempts to master high technologies. Maybe even they will deal with Bitcoin mining

Cheap labor is not the only advantage for China. There are others, such as low taxes, lax environmental regulations, low corruption, no red tape, governmental support, homogenous population.etc. In India, cheap labor is there. But that is their only advantage. But even the cheap Indian labor is not trouble-free. They are prone to striking at will, for the silliest of the reasons.

I think not only for that advantage about china they are also advantage in newly technology almost all robots or any hi-tech technology is from china.. or even our assesories and phone parts or computer parts you can get it all in china.. many advantages in china that almost all countries have none.

I would have to disagree with you there. Asian nations such as Japan and Taiwan are currently the leaders in hi-tech innovation and automation technology. China is lagging behind. However, they are quite good in churning out cheaper imitative products. Still, the situation is changing... A lot of technological advance is being made in China.

Yes, a lot of cheap products produced there. But India is far even before the release of counterfeits. So she will not soon catch up with China