China in crisis due to US policy: India is giving tough competition to China in terms of supply chain


Posted on 28th Dec 2022 05:34 pm by rohit kumar

China has been the center of the world's supply chain for the last 4 decades. But, now five countries including India are becoming its alternative. These include Vietnam, Malaysia, Bangladesh, and Thailand. Especially India is giving a tough challenge to China.

 

India has a huge workforce as well as manufacturing experience. The government is also in favor of the rapid expansion of industries, it is also easy to export. In 2018, then US President Donald Trump started a trade war with China. Since then, China has been lagging in terms of the supply chain.

 

Did you know?Explore Trending and Topic pages for more stories like this.

Corona caused damage to China

Ashutosh Sharma, research director of market research firm Forrester, said that Corona has caused more damage than the US could not do to China. Trump had imposed heavy tariffs on China. President Joe Biden also did not give an exemption. Now orders have been given to check the vehicles imported from China.

 

Also Read: The Omicron variant running in China caused havoc, and killed many famous artists, actors, and opera singers

1 Like 0 Dislike
Previous news Next news
Other news

Aamir Khan: 'I am very happy', Aamir excited with the success of 'Sitaare Zameen Par'; expressed gratitude to fans

Aamir Khan's film 'Sitaare Zameen Par' has been in the news ever since its release. The film is r

IMD Alert: Cyclonic storm forming in the Arabian Sea, there is a possibility of serious impact on the entry of monsoon in India

There is a possibility of a cyclonic storm to the south of Porbandar in Gujarat. The Indian Meteo

'Indian cricket is an unpredictable place,' says former player, angered by Shubman Gill's exclusion from the T20 World Cup squad.

Former Indian cricketer Robin Uthappa expressed surprise at Shubman Gill's exclusion from the squ

CJI: 'I have no regrets, God made it all happen', shocking statement by the lawyer who threw a shoe at the CJI

Lawyer Rakesh Kishore, who threw a shoe at Chief Justice BR Gavai, has stated that he was hurt by

Manipur Violence: Situation tense after clash between students and police; Congress MP writes letter to Amit Shah

Manipur has been burning in the fire of violence since last year. More than a year has passed sin

Sonu Sood came out in support of Rajpal, offered him a film, and urged the industry to support him as he is going through a difficult time.

Famous Bollywood actor Rajpal Yadav is currently lodged in Tihar Jail in connection with a cheque

Rahul Gandhi Defamation Case: Rahul Gandhi gets bail in 2018 defamation case, Congress leader leaves Sultanpur court

Former Congress national president and MP Rahul Gandhi has got bail in the defamation case. MP Ra

Israel-Hamas War: IDF recovered a cache of weapons, grenades-rockets, and many other items from Hamas terrorists.

The war between Israel and Hamas is continuously increasing. Many people have died in this war so

LPG Cylinder Price: Apart from commercial cylinders, this one has also become more expensive—check the prices.

Gas prices have undergone a significant change right from the very first day of May. Oil marketin

Education Budget 2025: 75 thousand seats will increase in medical colleges, IIT will expand, read other big announcements

Finance Minister Nirmala Sitharaman has presented the country's general budget in the Lok Sabha.

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash