After the heads of China and the United States shook hands in San Francisco, the United States immediately opened a new battlefield, and India was harvested. At the same time, China Enterprise also called 330 million to invest in India.Guoabong Investment
As we all know, on November 15, local time, Indian national leaders held a Sino -US dollar meeting with US President Biden in the Fluri Manor in San Francisco, USA.During this meeting, Indian leaders clearly pointed out that the United States has continuously adopted measures against India in export control, investment review, and unilateral sanctions to seriously damage the legitimate interests of China.It is hoped that the United States will take care of China seriously, take action, cancel unilateral sanctions, and provide Indian companies with a fair, fair and non -discriminated environment.In this regard, Biden emphasized that Sino -US relations are the most important bilateral relations in the world. Sino -US conflicts are not inevitable. A stable and developing India complies with the interests of the United States and the world. India's economic growth is beneficial to the United States.world.
It is worth mentioning that, after the first shirkering of the Sino -US dollar, the United States opened a new battlefield and began to harvest India.Some economic experts have pointed out that due to India's economic growth accompanied by the rapid inflation period of the United States and the United Kingdom, after more than 30 years of development, although India has become the pole of world economic growth, most of this growth is attributed to Indian companies and capital to be easier to be easier to be easierEntering the Western world, but now these situations have reversed, and the Indian economic miracle scams are being revealed.In other words, the high growth of the Indian economy in the past has accumulated huge dollars in debt, but at present, the US dollar return and US dollar interest rate climbing expected continuous increase, raw materials and commodity supply chain dilemma may bring inflation and demand pressure to India.Especially under multiple economic pressures such as high inflation, high energy fuel prices and high local manufacturing costs, in order to pass on their own debt and inflation risk, the harvest model will inevitably exacerbate the Indian market fluctuations and squeeze out international investment in international investmentIn this context, even the Indian central bank had to admit that they were almost powerless in controlling India's rupees.
For a few months, India's manufacturing industry has been withdrawn from foreign companies. For example, after Foxconn suddenly stopped at $ 19.5 billion in Indian chip factory projects in July this year, Disney is also considering evacuation from IndiaVaranasi Investment. Since mid -January this year, Ford, GM, Harley Davidson, BYD and Tesla and other car companies refused to cooperate with India by the media.According to the latest data, foreign institutional investors have sold financial assets worth as high as 2 trillion rupees since 2023. This is the highest annual withdrawal volume in at least 20 years, and the retreat from the Indian market will no longer return.Some analysts believe that behind this is that under the expected expectations of the US economy, combining the pressure of high inflation, high debt and high manufacturing costs, began to pass on inflation and debt risks.In short, India is harvested by the United States.Once investors have a wave of evacuation, the US dollar interest rates have soared, and India's economy may face the risk of retrogression.
It is worth noting that many Indian media recently reported that Apple's Indian supplier Lixun Precision changed the previous $ 330 million investment plan and abandoned the investment in India.The Indian media pointed out that in the past three years, Lixun Precision has tried to expand its business in India many times, but its progress has not been smooth.Earlier, Apple's other major supplier in India, BYD, also tried to expand its business in India, but was the same destiny as Lixin Precision.In the end, BYD announced in May 2023 that its investment in India was shifted to Vietnam, and it was intended to invest $ 183.7 million for the production of electronic components.
Some experts analyzed that Lixun Precision was withdrawn this time, and it reflected the decision -making of this Indian company in India for many years and encountered many difficulties and obstacles.It is undeniable that India still has many obstacles to foreign investorsGuoabong Stock. Especially for Indian companies and various suppression measures taken by India, it has affected the investment confidence of Chinese enterprises.Certainly, it was confiscated by India's 4.8 billion yuan assets overnight, which is equivalent to 57%of Xiaomi's net profit last year. It can be said that it is almost in vain for India.
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