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Google to Invest $10B in India

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141–150 of 349 posts

Re: Google to Invest $10B in India

#141

Getting the feeling China has blown it and successful companies looking to expand into Asia are now looking at India instead. I also saw that Foxconn is looking to build Apple products in India now too.

>Getting the feeling China has blown it and successful companies looking to expand into Asia are now looking at India instead Chinese leadership priced this in years ago. If you follow ongoing political debates in China more closely they were already talking about the next 20 years being rocky as China climbs up in the world stage five to ten years ago. Why do you think China's Made in China 2025 industrial policy pr…

Talk is talk, but question is why murder Indian soldiers? Why bother destroying the golden goose Honkong?

Add to that silly power games to try and intimidate Australia(and failing) PRC strategy is very far from smart here. Perhaps it is supreme arrogance? Arrogance like that historically have led to a lot of people getting killed.

Re: Google to Invest $10B in India

#142

Earlier quoted context omitted.

It’s part of wider assault by Mohdi’s government on the press https://www.nytimes.com/2020/04/02/world/asia/modi-india-pre...

I wonder if it's indian nationalists downvoting you for criticising Mohdi. Or US nationalists for expressing sympathies with the press.

Pretty sure it’s Modi supporters. It’s pretty common these days whenever you post anything they don’t approve

Re: Google to Invest $10B in India

#143
post #106

Earlier quoted context omitted.

It is certainly not unintended. Even without their will to control information for political purposes they would have not allowed such a key industry to be controlled by foreign players, and they have a strategy of creating a strong national industry in all sectors.

The ban of Facebook in 2009 was clearly a result of the Chinese authorities not being able to stop the spread of "misinformation" which they saw as a major factor in the Xinjiang riots of that year.

It's part of a comprehensive strategy that includes creating domestic companies.

Re: Google to Invest $10B in India

#144

Google has been funneling around 20 billion dollars yearly through Bermuda to evade taxes using the infamous 'irish double sandwich'. Pressure from the US and EU is finally forcing Ireland to change their laws. Google is in a situation when they have money that they need to figure out a plan for since they can't do as much tax evasion as they previously were permitted to. https://www.caymancompass.com/2020/01/02/goog…

There are plenty of other ways than Ireland.

Much easier way with Americans would be to use their own territory, Puerto Rico.

Re: Google to Invest $10B in India

#145
post #134

Earlier quoted context omitted.

I think there's a qualitative difference in somebody merely very rich and a person like Ambani who is in the top 10 wealthiest people in the world. He is not quite a 'local' that the Government can just CBI-raid into intimidation like e.g. Prannoy Roy.

See Russia as to how to deal with people like that. It is nothing that a raid or accident can’t fix. He is also not murdering Indian soldiers on the border which is a bonus. Same men that ordered that escalation are investing PRC money. If they are not same they share the same boss.

> Same men that ordered that escalation are investing PRC money. If they are not same they share the same boss.

This is speculation, unless you have sources in which case please share them.

The most detailed and seemingly authentic source [1] I have seen about the Galwan brawl (that resulted in the deaths of 20 Indian soldiers and an undisclosed number of Chinese soldiers) suggests the escalation was not planned but the accidental result of a chain of events starting from a freshly deployed Chinese trooper pushing the Indian party's Commanding Officer.

[1] https://www.indiatoday.in/india/story/3-separate-brawls-outs...

Re: Google to Invest $10B in India

#146
post #20

Earlier quoted context omitted.

China PR makes me question a lot of things. For example, I’ve always been told that protectionism doesn’t work but with the great firewall it seems to work just fine in China PR. How do I explain it?

Protectionism only works in specific situations. For example you have a competent workforce and instead of making them work in a foreign country because that's where the multinational companies are, you introduce protectionist policies to keep them in your country. Getting to this point requires decades of focused efforts. You don't just introduce protectionism and get results automatically. Protectionism doesn't wor…

> The Chinese government has amassed an insane amount of money and growth during their business friendly periods and is now able to deploy it for protectionist measures.

Saying this, you need to mention just how fast they burn that money.

I once did a contract for a company that participated in a $1.9B OBOR project, where $600M managed to vanish into thin air, $150M was outright stolen, and the remaining $1B never materialised.

The procurator office of the country managed so far to recover $460M from all over the world from the missing $600M.

The most shocking out of the whole story was how the Chinese side reacted. Their stance was like "You "lost" $600M, and so what? We have more"....

Re: Google to Invest $10B in India

#147
post #41

Earlier quoted context omitted.

Why does speaking up about the Indian government inevitably bring up questions like this? Ambani's relationship with this government bothers me a lot (among many other things about any government, particularly this one).

Sonia Gandhi literally flies in Reliance jets for her Western sojourns but you are only flagging the existing Govt. dishonestly.

Is Sonia Gandhi PM of India?

Re: Google to Invest $10B in India

#148

Earlier quoted context omitted.

>> How is Chinese venture money more evil than Ambani owning everything? Ambani can be dealt with a stroke of a pen when the goverment wants to. China on the other hand...

Chinese investment can be handled under the banner of "National security", seems to work fine here in the West.

It will result in massive capital flight from other foreign investors.

Re: Google to Invest $10B in India

#149
post #128

Earlier quoted context omitted.

No tax evasion is ever permitted, by definition. (Tax owed and not paid.) Finding ways to reduce tax liability (rational) is called tax avoidance . (Tax not owed, and obviously not paid.)

The idea that corporations can avoid paying taxes anywhere and this is just "good accounting" is stupid on the face of it, regardless of the terminology used.

The idea that governments can write arbitrarily complicated regulations and this is just "good government" or "moral duty to pay and pay" is stupid on the face of it, regardless of the terminology used.

The so-called loopholes were put there for a reason to benefit someone. If another corporation comes along to take advantage of them in a different way, well, that's just how laws work. Sauce for the goose is sauce for the gander.

Re: Google to Invest $10B in India

#150

Earlier quoted context omitted.

Yeah, the Chinese government is far more involved with it's companies than India with any of it's non nationalized companies. China got Jack Ma to spinoff Alipay from Alibaba, screwing the other shareholders badly. I don't think there is anyy big company in China without CCP members high up in the ranks. Ambani on the other hand, however powerful he may be, is certainly not a bigger threat than China. Companies being…

> Companies being Ambani owned, while worse than a competitive market, is still much better than being Tencent owned. But better how, exactly?

India does not want more East India Company - like situations, maybe?
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