Skate-Wear Central

Cotton Chinese

By barring Chinese equipment, is India stalling her own growth?

Indian sectors that depend on electrical, power and telecom machinery, iron and steel products, organic chemicals and fertilizers are all expected to be severely hit in the next few months as China retaliates to India’s trade barriers.

India recently embargoed telecom equipment from China on security grounds, they also raised the duty on iron ore and cotton – major exports to China.  Further, as business visa’s were not granted to skilled laborers, factories set up by the Chinese in India shut shop, as a result, Sino-India experts believe that China will retaliate, but in due course.

China controls a majority of Asian trade,  her diplomatic relations, infrastructural and financial support have raised her influence in the region strategically. Meanwhile, India suffers a widening trade deficit with China, most of her neighbors are unsatisfied with diplomatic relations, while others view India as an overbearing nation.  Keen China-India experts that have been watching this space feel that China will not immediately react to India’s embargoes and duties, but will definitely retaliate 2-3 months from now. Further, any move to squash trade by China will have drastic ramifications in India.

In order to keep the Indian economy chugging along, India needs quality power, electrical and telecom equipment to be set up fast. China has been known to offer India quality equipment support in a timely and cost-effective manner. Yet India citing security reasons has barred both equipment and labor from entering the country. By barring Chinese equipment manufacturers from operating in India, New Delhi seems to be performing hara kiri on an economy which desperately needs Chinese machinery.  Indian equipment manufacturers already find it difficult to meet local demand additionally, since India doesn’t have the speed to build machinery quick enough, projects are getting delayed and costs are rising.  With no unified Central government support, Indian machinery manufacturers are not expected to keep Chinese manufacturers out for long. The Chinese are after all India’s closest, cheapest and fastest manufactures - the sunlight that every growing economy needs.

Nonetheless, China cannot afford to retaliate drastically against India due to the nation’s diplomatic proximity to both the US and Japan. Also India is a large lucrative market that is difficult for China to let go. If China needs to expand overseas, India is yet their best bet. Since direct entry for Chinese companies is riddled in Indian bureaucracy,  Chinese companies are now more likely to enter India through a third foreign partner India is more affable to like Chinese automaker SAIC entered India through General Motors. With seats on the board of directors and  top management positions, SAIC is now in charge of GM’s strategy in India. This is expected not only give SAIC the power to sway the burgeoning Indian automobile industry, but will also allow it to bring in technology and labor as it pleases. A win-win situation for China it seems?

 

About the Author

INCHIN CLOSER is a professional services consultancy that offers multinational clients support prior to and post incorporation in both India and China.

Chinese Cotton Candy

Mens Southern Tide Corded Cotton Shorts $79.5 Combining a cool and comfortable cotton corded weave with a touch of stretch, Southern Tide’s corded cotton shorts are sure to become a warm-weather favorite. The attention to detail goes beyond the fabric to provide fit and features that set these shorts apart from the crowd.

Mens O’Neill Cache L/S Tee $28 You can’t go wrong with this cotton tee from O’Neill. 

Mens Southern Tide Original Skipjack $32.5 The Southern Tide Original Skipjack Tee is a premium cotton tee that looks good on the boat, the boardwalk, or out on the town

Mens Islanders Burnout V-Neck Tee $22 The Islanders Burnout V-Neck Tee features the Islanders logo and and a v-neck collar all on a premium cotton shirt

Flip Flop Socks Crew Flip Flop Socks $10.95 Crew style Flip Flop Socks are super comfortable. They have the same look and feel of the athletic socks you’re used to wearing with a fitted heel, inset top, and a slightly higher cut. Crews are made from a poly/cotton blend that keeps them from stretching out and loosing their shape while maintaining the softness of a cotton sock. Wear them everywhere, never give up summer! The Mid weight sock is made of: 63% polyester 30% cotton 7% spandex

Flip Flop Socks Athletic Flip Flop Socks $10.95 Super comfortable Flip Flop Socks! Wear this Mid Weight white or black all year long. They have the feel and comfort of an athletic sock. Low cut, comfortable and warm. Now you can wear your favorite flip flops or split toe sandals whenever you want. The Mid weight sock is made of: 63% polyester 30% cotton 7% spandex

v-neck tee $19.99 in a soft slub cotton

Women’s Chinese Laundry Haylie $56.99 Back-zip closure.; Sheer fabric upper with ruched panels and ruffled front with Soft fabric lining.; Lightly cushioned leather footbed.; Wrapped platform and heel.; Heel Height: 5 in; Platform Height: 1 in;

Women’s Chinese Laundry Drastic $54.99 Leather or animal-print textile upper in a casual platform wedge sandal style with round, open toe; Strappy vamp and instep; Adjustable ankle strap with elasticized inlay; Smooth lining, cushioning footbed; 1 1/4 inch platform midsole; 4 1/2 inch wrapped or cork wedge heel;

Women’s Chinese Laundry Carbo $42.99 Thong-style construction with back-zip closure; Man-made upper with allover stud accents and cutout detail; Man-made lining; Lightly cushioned man-made footbed; Man-made sole;

Women’s Chinese Laundry Whistle $55.99 Easy slip-on wear; Available in a variety of uppers; Man-made lining; Lightly cushioned man-made footbed; Hidden platform creates a dramatic silhouette; Heel Height: 5 in;

Women’s Chinese Laundry Hey There $56.99 Peep Toe Pump; Sleek black satin trim at peep toe and low-cut collar; Partially hidden platform is 1″ at toe; 5″ heel (including rubber tip) is wrapped to match; Cushioned insole; Non-skid rubber sole;