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India’s Endless Struggles Against China’s Exports Dominance with Ila Patnaik
In this episode, Puja Mehra talks to economist Ila Patnaik about the complex challenges India faces as it strives to compete with China's export dominance. They talk about the uncompetitive infrastructure, higher labor and energy costs, and irrational tariff structures that hinder India’s manufacturing sector. Patnaik discusses the impact of China's post-COVID economic slowdown, its focus on exports, and the implications for India. She argues that India must address its internal economic issues before considering protectionist measures, and emphasises the need for a comprehensive strategy to…
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