Why we can't boycott china

Have you ever heard that Paytm, Bigbasket, Byju's, Dream11, Flipkart, Ola, Zomzto, are Chinese companies?
What if I say, that's true.
All these companies have large amount of investments from China.
Not only above companies are Chinese, companies like Swiggy, Oyo, PolicyBazzr, Make My Trip are Chinese too.
According to a recent report, Chinese tech investors have put $4 billion into Indian startups. These investments are important for the survival of startups companies in the Indian market.
India doesn't have a proper structure to finance these tech startups, so we are fully dependent on Chinese investors.
Chinese tech giant like Alibaba, ByteDance, Tencent has heavily invested in our future companies. BigBasket recently received funding of close to $50 million from Chinese company Alibaba.
Have you ever heard 'Tencent'? I think you did. Tencent owns a gaming app PUBG. Do you know Tencent has invested in 15 Indian companies including Swiggy, Dream11, Flipkart, Hike, and Practo? It has also invested in educational firms like Byju's and Doubtnut.
According to a recent report, almost 20% of Indian smartphone users have UC Browser in their phone.
Do you know companies like BhartiAirtel and VodaphoneIdea uses Huawei and ZTE equipment for their 2G, 3G and 4G networks services? Both Huawei and ZTE are Chinese companies.
From now if you ever think, by deleting apps like TikTok, ShareIt or Truecaller you are boycotting China, Than my friend you are wrong.
Everyone knows how we are surrounded by Chinese mobile. Companies like Redmi, Realme, Vivo, Oppo owns our market.
Even we import raw material for manufacturing of medicins.
What I have given you examples are small portions of their investment in India. They are everywhere. In our houses, in our offices, everywhere you look. They are deep into our system.
Last but not least thought of the day is 'Politician have misguided us'. So think wisely before taking any decision.
Nice
ReplyDeleteFirst try to improve our system and it will take minimum 20 years with a high growth rate , no corruption (nearly impossible) then we can start boycotting Chinese products...
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