16-07-2022, 08:40 PM
Kokee, true or not?
https://www.epw.in/journal/2022/28/edito...arply.html
Though many developed countries repeatedly promised to reduce the global dependence on China’s exports and ward off trade vulnerabilities by diverting investments to other areas, these initiatives seem to have floundered. In fact, the trends show that the result has been the opposite with FDI inflows to China accelerating even as FDI inflows to other developing countries like India falter badly.
Consequently, between 2019 and 2021, the share of FDI inflows to China (including that to Hong Kong) went up from 14.5% to 20.3%, while that to India shrunk from 3.4% to 2.8%. Certainly, India seems to have failed to take advantage of the new opportunities offered by the pandemic. The efforts to persuade the world to bring in increasingly larger share of the FDI flows within its shores and diversify the global supply chains have apparently not borne fruit. Similarly, the slowdown in the economy has also affected FDI outflows from India with its share in global FDI outflows slumping down to 2.8%, the lowest level across the last four years.
https://www.epw.in/journal/2022/28/edito...arply.html
Though many developed countries repeatedly promised to reduce the global dependence on China’s exports and ward off trade vulnerabilities by diverting investments to other areas, these initiatives seem to have floundered. In fact, the trends show that the result has been the opposite with FDI inflows to China accelerating even as FDI inflows to other developing countries like India falter badly.
Consequently, between 2019 and 2021, the share of FDI inflows to China (including that to Hong Kong) went up from 14.5% to 20.3%, while that to India shrunk from 3.4% to 2.8%. Certainly, India seems to have failed to take advantage of the new opportunities offered by the pandemic. The efforts to persuade the world to bring in increasingly larger share of the FDI flows within its shores and diversify the global supply chains have apparently not borne fruit. Similarly, the slowdown in the economy has also affected FDI outflows from India with its share in global FDI outflows slumping down to 2.8%, the lowest level across the last four years.