[Levin]

Even BYD selling AI bus to India, it asked for full payments before delivery.  
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India spends 2 billion to buy 1,000 Chinese electric buses, why is it required to pay first and then deliver the goods?
2023-07-13 09:05


India sent a huge order of 2 billion to China, wanting to buy 1,000 BYD electric vehicles , but was asked by China to pay first and then deliver the goods. This is embarrassing, so why should India buy electric cars from China? Why did China propose such an additional transaction model?

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Britain and France even issued an ultimatum. It is reported that it is because India previously agreed to buy 36 Rafale fighter jets for 8 billion US dollars, but only paid for 5 of them. As for the cooperation with British energy companies, India is in arrears of US$1.4 billion, and even borrowed US$4.15 billion from AIIB member countries.


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