No one can beat China, even the US. Here's why:
1. Production Cost: iPhone assembly in China costs ~$6/unit vs. $30+ in the US. Tesla builds EVs in Shanghai 30% cheaper than in the US.
2. Labor & Scale: Average manufacturing wage in China is ~$3.5
India can’t beat China. Let us talk numbers.
China has 200 lakh CR tax revenue (5 times more than us)
China has 2.2 million R&D workers (2.5 times more than us)
China's R&D budget was 420,000 CR last year (21 times more than us)
China slashed 361
Someone in the comment section -
US - AI
China - AI
India - TAI {after budget session:)}
0 replies3 likes
Sairaj Kadam
Entrepreneur • 18d
Did we just overhype the US-China trade war?
Tariffs dropped: US from 145% to 30%, China from 125% to 10%.
Now both sides enter 90-day talks.
Markets are green.
Companies hit by China are bouncing back.
Dow & NASDAQ up.
Win-win?
But you have to stay
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2 replies7 likes
Rohan Saha
Founder - Burn Inves... • 10h
The US stock market probably depends on the trade relations between China and US one wrong piece of news and the market crashes.