Showing posts with label capitalism. Show all posts
Showing posts with label capitalism. Show all posts

Friday, May 15, 2026

Quick notes: Royal Enfield | Extreme heat...

Sunday, April 26, 2026

Quick notes: Cash cow | Laser defense...

  • For Korean companies, India is a lucrative cash cow: LG India reported revenue of Rs 24,366 crore and a net profit of Rs 2,203 crore last year. Royalty payments to its Korean parent reached Rs 454.61 crore. But the real headline came with its 2025 IPO: In one stroke, LG India’s market capitalisation surpassed that of its global headquarters’. And it was purely due to generous policy environment.

    Hyundai Motor India and its sibling Kia tell a similar tale of extraction masked as investment. Royalty payments stand at 3.5% of sales revenue, translating into thousands of crores annually repatriated to Seoul. Such an anomaly has left Tata Motors and Mahindra to fight an uphill battle against what many term subsidized Korean pricing power.

    Samsung India completes the triumvirate of value extractors. Its revenue for the first time crossed Rs 1.11 lakh crore during 2025, making it the only consumer-electronics firm in India to cross the trillion-rupee mark. During 2024, royalty remittances to the Korean parent hit Rs 3,322 crore, roughly 40% of that year’s net profit. Retained earnings have ballooned and been diverted to Vietnam.

    Profits earned from Indian consumers through high royalties, IPO cash-outs and dividend flows are effectively subsidizing Vietnamese factories that then export finished goods back into India. Why? Should Korean conglomerates plough cash extracted from India into manufacturing facilities in a smaller neighbor that then undercuts Indian industry? The optics is toxic: India as a lucrative cash cow, Vietnam as the preferred factory floor.

    Decades of liberalization were sold on the promise that FDI would catalyze domestic industry, transfer technology and create balanced growth. Instead, the policy has tilted towards foreign giants who repatriate profits, royalties, special dividends and IPO proceeds liberally.

    On the other hand, Indian firms struggle with higher compliance costs, delayed approvals, and a royalty burden that starves local innovation.

  • Korean loot: The proof is in the math: In just the last 12 months, Hyundai and LG repatriated $4.7 billion in royalties and profits. That is nearly ₹40,000 crore leaving our economy.


  • Funding the Adversary: India cannot counter an expansionist rival, which lays claim to vast Indian territories including an entire state, while simultaneously bankrolling its rise.


  • Yay! You signed a trade-deal, now we will screw you: Indian exports face rising cost pressure as EU plans carbon tax expansion


  • Galgotias School of Innovation: AI making work cheaper and this is a BIG Problem for Indian IT Services



  • Pakistan Is Getting a Stealth Fighter in 2026: China is ramping up the timeline to deliver J-35A to Pak


  • Trump kissing Xi Jinping's ass: A quiet U.S. favor for Xi Jinping.. A U.S. quota increase at the IMF would rescue China’s bad loans. President Trump is scheduled to visit Beijing in May for a summit with Chinese President Xi Jinping, and he will come bearing at least one surprising gift: A budget request to Congress to hand more money to Mr. Xi’s friends at the IMF.


  • Chinese satellites over Mideast battlefield put US on edge: Chinese AI company MizarVision claimed on social media to have tracked the movements of American aircraft carriers, F-22 stealth fighters and B-52 bombers by using AI to analyze satellite data.


  • Why this Chinese EV terrifies Europe’s carmakers: Luxury car makers staring at Chinese onslaught.


  • China's Geely just built one of the most efficient engines ever: Geely now holds a Guinness World Record for thermal efficiency, with its new i-HEV Hybrid system rated at 48.4%


  • India’s “Star Wars” LASER DEFENCE: DRDO's $3 solution to a $30,000 drone problem. 100 kW Dura-2 can melt drones in seconds.



  • Microwave weapon: 20-gigawatt Chinese microwave weapon touted as ‘Starlink’s worst nightmare’ by country's media — portable 5-ton device can deliver full-minute destructive bursts


  • Lesson for India, the GREAT consumer of imported tech: Iran claims US exploited networking equipment backdoors during strikes — says devices from Cisco and others failed despite blackout in attack that 'indicates deep sabotage'


  • Privacy risk: Google Chrome lacks protection against one of the most basic and common ways to track users online


  • Raag: Kamod By Manjiri Alegaonkar


Monday, February 16, 2026

Quick notes: Tariff exemption | Price of Intelligence...

  • India’s pollution is becoming an economic roadblock: The government’s inaction runs counter to its goals. The latest budget cut funding for pollution control. It is all getting embarrassing. In December a cricket match between India and South Africa was called off because smog made it impossible to see the ball. In January one the world’s top badminton players pulled out of the India Open in Delhi citing the bad air (and getting a $5,000 fine). Those who did play sent an official complaint to International Olympic Committee.


  • Tariff exemption for apparel made with US cotton: US–Bangladesh deal jolts India’s textile calculus


  • The Price of Intelligence is Collapsing One developer with Claude Code can now do what took a team a month. The cost of Claude Pro or ChatGPT is $20 dollars a month, while a Max subscription is $200 dollars. The median US knowledge worker costs ~350-500 dollars a day fully loaded. An agent that handles even a fraction of their workflow a day at ~6-7 dollars is a 10-30x RoI not including improvement in intelligence.

    Microsoft’s Conundrum The cost collapse is destroying the seat-based software model. There has been no bigger share shift than Microsoft’s seat-based Office 365. Most of the cash today still comes from Office. The core way of how a human interacts with a computer is about to change, and Microsoft sits at the center of the old paradigm.

    Why does a company need to standardize Salesforce if an agent is just going to query data on leads on your behalf? Salesforce is a form and workflow wrapper, and the form and workflow can likely be scaffolded by AI into a database and then queried as needed.

    AI fears wipe out $50 billion from Indian IT stocks. . . Software ate the world. AI is eating software.


  • Dr Vishal Sikka: At a time when there was no ChatGPT, Gemini, or self-driving cars, Vishal Sikka gave a presentation on AI before NITI Aayog at the PM’s request, where officials of 20 Union Ministries were gathered. . . India's risk-averse capitalism has no place people like him


  • Engineering Talent Pipeline: Elon Musk’s impact on a new generation of engineers.



  • Starlink, a regime-change weapon? U.S. Smuggled Thousands of Starlink Terminals Into Iran After Protest Crackdown

  • Existential threat: The European Union should consider either an unprecedented 30% across-the-board tariff on Chinese goods or a 30% depreciation of the euro against the renminbi to counter a flood of cheap imports, according to a French government strategy report.

  • The long game: As Trump trashes the dollar, China smells opportunity

  • Hindus could be next: Without a Border ‘Invasion,’ Texas G.O.P. Turns to an Old Enemy, Islam. . . . . Muslims know how to play this game. Hindus..?


  • Not everything imported is healthy: Why is eating oatmeal damaging if you eat it every morning?


  • Sounds of Isha: Akka Kelavva (ಅಕ್ಕ ಕೇಳವ್ವ)



Saturday, January 31, 2026

Quick notes: GaN technology | Xiaomi SU7...

  • DRDO's GaN technology breakthrough: Denied access to compound chip technology by foreign powers, Indian scientists, operating in tandem from Delhi and Hyderabad, crack the code to make gallium nitride (GaN) monolithic microwave integrated circuits (MMICs).

    India is no longer dependent on foreign powers for these high-value, cutting-edge chips. Instead, it broke into a select group of six nations—the US, France, Russia, Germany, South Korea and China. . . Defense and commercial applications!

    + How GaN is revolutionising key industries.


  • EFTA was terrible. EU FTA is worse: India gives $100B concession without any accountability mechanism implying we got no hard commitment for investment and gave market access for nothing. When CBAM starts taking effect India will be immensely disadvantaged.


  • WSJ: I test drove a Chinese EV. Now I don’t want to buy American cars anymore.


  • Ford CEO Jim Farley: Praises his Xiaomi SU7. 'I don't want to give it up'

    Honda CEO Toshihiro Mibe: "Chinese are ahead, even more than expected"


  • Why are strokes rising among young adults?: Stroke deaths are climbing among people ages 25 to 34, even as overall cardiovascular deaths return to pre-COVID levels.


  • The scientific case for ping-pong: Why athletes — and you — should play more table tennis


  • Trump betrayed the Kurds?: Tell me something new.


  • No headscarves in Kosovo's public school classrooms: Over 95% of the population of Kosovo is Muslim.


  • Foolish NRIs: The overconfidence of the Indian settler in the pre-MAGA days led to excesses. Such as the 90-foot-tall statue of Lord Hanuman, dubbed by some over-clever NRIs who installed it, as the “Statue of Union” in Sugar Land, Texas.

    Besides being considered an eyesore by the enraged local Texans, it is a goad for the Christian Nationalists of the American south and southwest that make up the MAGA flock. So far they have restricted themselves to mocking the Monkey God, reviling Hindus as savages, Hinduism as satanic, and Hindu religious symbols as an affront to Christianity. Soon they may take a hammer to the statue, and run the Indians out of the town.


  • How Ancient Is Indian Music? Dr. Raj Vedam on the history of Indian music


Saturday, November 8, 2025

Quick notes: Dimmer skies | Stock valuations...

  • Bye-Bye Blue Skies: India is getting dimmer. Sunshine hours have been steadily declining across most regions for the past three decades. Aerosols from sources like vehicles and industries block sunlight — a phenomenon scientists call “solar dimming”. The consequences include reduced solar power output and reduced agriculture yields apart from health impact.



  • "India is the dumbest IPO market" "The millions and billions of small investors coming in. Someone has to extract money from them, so these IPOs come and take money from you".


  • The world’s most expensive stock market: In terms of Shiller P/E (a long-term measure of valuation that uses 10-year earnings figures), India is the most expensive equity market in the world, surpassing even the US. . . Buffett Indicator.


  • Incentive wars: Why walking away can be wiser. Karnataka’s refusal to outbid Andhra Pradesh for Google’s $15 billion AI data centre may seem like a loss, but in game theory – and governance – wisdom often lies in knowing when not to play. Around the world, multinational firms have mastered the art of triggering incentive wars between governments, extracting concessions that can erode public value. . . . The Hidden Cost of Google’s $15 Billion AI Data Center in Vizag.


  • China gets Swadeshi: China bans foreign AI chips from state-funded data centers.


  • "India is just screwing the parts together": Are we truly manufacturing, or just assembling parts? We destroyed our electronics industry and turned to a 100% importing nation. The real state of ‘Make in India’.



  • Showing spine: Vietnam Is Building Islands to Challenge China’s Hold on a Vital Waterway


  • Top researchers consider leaving U.S. amid funding cuts: A poll from the journal Nature found that 75% of researchers in the U.S. are considering leaving the country. That includes a man who’s been dubbed the "Mozart of Math".


  • Indian students in the US: Parents burn fortunes, US gains skills, India loses both capital & talent.

Saturday, October 18, 2025

Quick notes: GM corn | Whites-only...

  • Arm-twisted: US trade talks may be cracking India’s opposition to GM crops. Concessions offered by the Indian trade team already included the possible easing of some restrictions on the import of GM corn. “GM is a life and death issue for Indian farmers.”... are we Trump's dumpyard?


  • ‘It could feed the world’: Amaranth, a health trend 8,000 years old that survived colonization.. The Spanish believed that amaranth was a satanic food of natives. 1521: Spanish conquistadors ban amaranth cultivation under penalty of having hands severed, destroying temples where 200,000 people annually consumed tzoalli (amaranth-honey statues) during ceremonies. . . Rajgira could be game-changer for Indian farmer.



  • White Right-wingers Only: Trump considers overhaul of refugee system that would favor white people. Importing white South Africans and European Nazis.


  • Trump immigration plan may wipe out 15M jobs by 2035: Fewer workers in the labor force could have dramatic effects on the U.S. economy, from lower economic growth to reductions in the nation's goods and services produced.


  • Soft on Beijing: Trump has purged the National Security Council of many advisers who advocated a tougher line toward China and diminished the role of the council. China hawks grow queasy over Trump’s push for deals with Beijing.


  • 'DOGE was all about collecting data for Musk's Grok': Tariffs are way up. Interest on debt tops $1 Trillion. And DOGE didn’t do much.


  • Japanese Monster: Shohei Ohtani’s historic performance sends LA back to World Series.



  • How China Built Tech Prowess: Chemistry Classes and Research Labs. Unlike India's history debate clubs


  • GOP's true colors: Leaked messages expose Young Republicans’ racist chat. “Im going to create some of the greatest physiological torture methods known to man. We only want true believers”. ‘I love Hitler’


  • Trump Organization Expands in India: Where Many of Its Partners Face Accusations


Saturday, September 27, 2025

Emboldened Evangelists

Evangelists try to conquer Silicon Valley: Many in the tech-Christian nexus are vocal Trump supporters – or at least sceptical of the more excessive liberal tendencies of Silicon Valley.


Christianity Was “Borderline Illegal” in Silicon Valley: To have two of the world’s richest technologists, worth a recently estimated $400 billion (Elon Musk) and $14 billion (Peter Thiel), speak admiringly about biblical teachings challenges the view that Christianity is anti-capitalist or even anti-intellectual.


Antichrist, yeah! Peter Thiel, the gay billionaire Christian evangelist CEO of Palantir is spreading the word about the rise of the Antichrist. This week, Thiel launched the first of a four-part lecture series he’s doing about the Dark Lord.


"Moral crisis in tech industry": The Silicon Valley Christians Who Want to Build ‘Heaven on Earth’


Meanwhile...: AI Startup Founders Tout a Winning Formula—No Booze, No Sleep, No Fun... going San Francisco-sober to 'lock in' for 'grind mode'


The Stupidity of GDP per Capita: What does GDP NOT tell us?



Ye nahi sudhrega: India seeks people access in US trade talks after H-1B visa row. . . . . "the less Modi talks of the H1B visa the better. Everybody and his proverbial uncle in the leadership circles in the US and the West has about had it with the Indian PM’s pleadings to let in more Indian engineers and science grads as a way of pleasing his middle class voter base".

Modi’s effusive response to Trump sets India up for more humiliation


Sunday, August 24, 2025

Quick notes: State capitalism | Fistful Of Dollars...


Saturday, August 9, 2025

Quick notes: Neglected ally | Cow abuse...

  • America returns to its neglected ally: For destabilising Iran, America needs land access. This is how the Pakistanis were used during the Afghan wars, targeting the Russians.

    From Iran's nuclear programme to Afghanistan's lithium reserves, Pakistan's unique positioning at the crossroads of America's most pressing strategic concerns has transformed it from a neglected ally into an indispensable partner
    . . . After 25+ years of progress, India-US ties take a U-turn, history repeats


  • "The U.S. is not an ally of India": "The U.S. is absolutely uninterested in India based supply chains. Trump is uninterested in that. He is incapable of long-term strategic relations and any of that. India should not presume that the U.S. will do great favors to India. Thats is not going to happen". . . . listen to him, India. Stop being naive.



  • Trump Wants Big Pie Of India's Economy: They want their companies like Amazon to have more facilities for operations. They want unlimited data flow for Google. So, it is beyond tariff, it is beyond trade. The US wants a big pie of the domestic economy.


  • Experts warn Trump: Caving on Nvidia H20 export curbs may disrupt his bigger trade war


  • Blessed to have engineers at the helm: China is developing nation-spanning network to sell surplus data center compute power


  • Cow abuse: Coca-Cola under fire after undercover investigation reveals disturbing scenes at farm: 'A habitual offender'. Investigators also recorded pregnant and sick cows being whipped, punched, kicked, and beaten with metal objects, including shovels, wrenches, and pipes. The abuse was carried out by various staff, including owners, managers, and ranch hands. . . . blacklist coke!


  • Shut humanities department in STEM institutions:


  • SEBI, Jane Street and India’s Regulatory Dilemma: Watch at 2x



  • Evangelicals lobbied hard for this: Texas law will require Ten Commandments to be posted in every public school classroom


Tuesday, July 29, 2025

Quick notes: Hiring Indians | Baloch and Israel...

Saturday, July 12, 2025

Quick notes: Jane Street | Hydrofoil ferry...

  • Jane Street's cash machine came to an abrupt halt: Foreign funds and proprietary traders using algorithms made $7 billion in the 12 months to March 2024 alone. That bonanza may be coming to an end.

  • Manipulating Indian derivatives markets: How US-based Jane Street siphoned Rs 36,000 cr from Indian markets.

  • Indian casino is a train-wreck: Indian retail investor losses on derivative trades widened in 2024-25 by 41% to 1.06 trillion rupees. India is the world's largest derivatives market, accounting for nearly 60% of the equity derivatives traded globally in April.


  • Prada on backfoot: High Fashion's habit of 'borrowing' from India isn't new. Prada's Kolhapuri chappals are just the latest


  • How America's Debt Spiral Could Spark The Next Crisis: America's debt problem is no longer linear; it is exponential.


  • Ferries are making a comeback: Could the Electric Hydrofoil Ferry change the way we commute? “We see it as a blue superhighway that is still untapped”. Fast, sustainable mode of transit



  • Unicorn: India's Rapido is outpacing global giants like Uber and Ola in user growth, while also achieving profitability . . . A ride-hailing unicorn is gaining users faster than Uber, disrupting the San Francisco titan’s effort to conquer a key growth market  


  • AI's energy problem: Google’s carbon emissions went up again as its AI push continues


  • Distress in Hi-tech jobs: Salesforce CEO Claims Half of the Company’s Work Is Now Done by AI


  • One Way to Win Trump Over: Nominate Him for the Nobel Prize 


  • The ‘Trump Pump’: How crypto lobbying won over a President. For years, cryptocurrency companies had endured a sweeping crackdown in Washington — a cascade of lawsuits, regulatory attacks and prosecutions that threatened the industry’s survival. Mr. Trump wasn’t an obvious sympathizer. He had once dismissed Bitcoin as a “scam.”


Thursday, July 3, 2025

Are we being hoodwinked?

Is this the deal? India, Vietnam and China all get to pay the same 20%.



What's the point of Quad if Trump equates India-Pakistan? If the only superpower, which calls India an ally, sees the region through an India-Pakistan prism, it is unacceptable. Rather than endorse India's sphere of influence, this undermines it.


Trump Baffles With Sudden U-Turn on China Buying Iranian Oil: President Trump appeared to undermine years of US sanctions on Iran, giving its biggest customer China the green light to carry on buying its oil. . . . . India restricted from buying Iranian oil while China is free?


Elon: America is going bankrupt quickly, but everyone is whistling past the graveyard.


Old pal of Elon Musk has ominous warning for Trump: “I’ve had my share of blowouts with Elon over the years,” neuroscientist Philip Low told Politico. “Knowing Elon the way I know him, I do think he’s going to do everything to damage the president.”


India caught in the middle: Rare earth curbs to hit EV, RE, defence sectors


Time for Swadeshi platforms: Congressional staff members were informed that WhatsApp can no longer be used on their government-issued smartphones or other devices.


Tuesday, July 1, 2025

No favours from Trump

After chickening out to China, Trump wants to "open up" India: The White House’s demands to “open up India” as it seeks a major trade victory — have made it that much harder for Modi’s govt to sell the deal to a domestic audience.

“Nothing riles Indians more than the idea that their govt was bullied by a foreign leader”



India gets no favours from Trump: Efforts to strike a trade “mini-deal” are dragging on. The Trump administration is asking India to lower its trade barriers, while only offering to give up some of its newly-imposed tariffs, in return.

“Whatever the government [in India] does, it will be seen as they basically capitulated to Trump’s demand. So they are in a no-win situation.”

The president has complicated matters by repeatedly taking credit for brokering peace between India and Pakistan this spring.

“The more he repeats his claim, the more a prospective U.S.-India trade agreement smells like coercion, not cooperation.”


Threat of more tariffs hangs over trade partners: These governments have been hesitant to strike a deal with the Trump administration, worried that they only will be hit by more levies down the road. For some foreign governments, these national security tariffs are potentially more concerning than the reciprocal tariffs Trump is threatening to apply to all their US exports.


Maybe India can learn from EU: EU to accept Trump's universal tariff but seeks key exemptions. Everyone knows Trump will eventually break his own deals, so keep it small.


GMO junk: Trade deal hits hurdle between India and USA over US demand of low duties on agricultural, genetically modified food
Trump looking at deporting Musk

Monday, May 26, 2025

Quick notes: Brain drain | Deep tech...

  • GOP versus scholars: America is in danger of experiencing an academic brain drain. Other countries may benefit.

    India must decide if it’s ready to welcome back scholars: A perceived threat to academic freedom is prompting many academicians to consider relocating. Countries in Europe have taken swift action on the perceived brain drain from the US. Emmanuel Macron extended an open invitation to the best brains to relocate to France.


  • Deep tech, shallow pockets: Indian deep tech startups raised only about 3.2% of the total funds funneled into Indian startups since 2014. Unlike e-commerce, ride-hailing or financial services, where revenues kick in from the beginning, startups focusing on deep tech take years to develop and commercialize their products. While Silicon Valley might have become obsessed with startups dealing in robotics, rockets, chips and other complex technologies, such deep tech companies are having a much harder time fundraising in India. . . Frugal tech.


  • Bharat Karnad: "The trouble lies in Modi’s inordinate desire to please America, to be in Trump’s good books, and that’s the joker in the pack".

    Remittance Tax: Trump's 'One Big Beautiful Bill' proposes 5% remittance tax, may cost India $1.65 billion

    Tenacity: Xi defiance pays off as Trump meets most China trade demands

    Stand tough: China-US trade truce prompts nations to consider tougher tactics

    ‘Trump Was Forced to Back off’: Even Fox news reporter thinks President caved on China tariffs


  • Al-Bakistan: Afghanistan plans to build dams to cut water flow to Pakistan.. . . Pak always wished to turn into Arabia.. their wish is getting fulfilled :)




  • #FundKaveriEngine trending: Many called on PM Modi to allocate more funds and resources for the Kavera engine, emphasising its importance in the nation's interest. The goal is to end India's dependence on foreign engines for building fighter jets, promoting self-reliance in defence technology.


  • US DIA Report: China still India's 'primary adversary', Pakistan mere security problem.

    Prepare for China conflict: "If India really did lose between two and five aircraft, as most outside analysts believe is the case, the explanation for that appeared to be the superior radar of the Chinese aircraft. I hope Indians are really reflecting upon what does this mean for a potential China-India conflict, not just what does this mean for future India-Pakistan conflicts".


  • White Man's Caste:



  • Toxic work culture: Suicide due to work pressure at the OLA Krutrim, the worst place to work.


  • Self-Reliance looks like this: China's first 6nm domestic GPU with purported RTX 4060-like performance has powered on. . . . . What the U.S. Feared Is Happening: China’s Chip Empire Is No Longer a Fantasy—Huawei and Xiaomi Just Opened a New Front


Saturday, April 12, 2025

Quick notes: Ziroh | Meta helping China...

  • Ziroh: India startup Ziroh runs AI models on CPUs instead of GPUs. Called Kompact AI, the technology is aimed at bringing AI training and inference to SMEs which cannot afford GPUs... IIT-Madras’ Centre for AI Research to work on efficient, task-specific models.


  • Bombshell testimony: Whistleblower claims Meta helped China develop advanced AI to ‘outcompete American companies’. “The greatest trick Mark Zuckerberg ever pulled was wrapping the American flag around himself and calling himself a patriot and saying he didn’t offer services in China while he spent the last decade building an $18 billion business there”.

    China is developing AI models for military use, relying on Meta’s LLaMA model.


  • Meta Fights To Stop Potential Breakup Of Instagram And WhatsApp In A High-Stakes Trial


  • ‘The Tsunami Is Coming’: China’s Global Exports Are Just Getting Started. A staggering $1.9 trillion in extra industrial lending is fueling a continued flood of exports that could be spread even wider across the world by the Trump tariffs.


  • Do Bangladesh a favour: Help the tribals carve out its hills tract.


  • 'Dukaandari hi karna hai?': Piyush Goyal is right. India needs an ecosystem that better enables deep-tech innovation. India’s venture capital landscape prioritises quick returns over patient capital. Despite these challenges, India has seen pockets of quality startup success. Space startup Digantara has embarked on a very impactful journey. Likewise, Skyroot Aerospace and Agnikul Cosmos are making strides in space.


  • Raag Chhaya Nat: Jayshree Patnekar



  • Strategic opportunities: The greatest flaw in the Indian institutional strategic mindset is that it is not strategic, because it is too set along linear lines. If India trades with China, it cannot also undermine it in various military ways, etc. China believes in just the reverse– that good economic relations is no excuse for not screwing the adversary in every other respect. The twain don’t meet, and is the reason why the Indian government learns nothing and the country is supine, keeps getting it in the neck everytime.

    But the troubling and worrying question is this: Is there any original software written in India? China seems to have these inventors and innovators coming out in droves. They are adding high-octane fuel to the already astounding pace of progress by that country. India is near zero in this realm of technology creation. But, how is it that the even more, bureaucracy-wise, turgid “state socialism with capitalist characteristics” ideology and system in China is now the source of endless and astonishing new technologies?

    In the sheer mass and the drudgery of the Communist system in China, Deng’s successors still found that the country needed to catch up with the tech front rankers. So, the next thing they did was fast-forward the process by simply getting the very best brains from all over the world via its “Thousand Talents” programme which has spawned its adjunct — “Thousand Young Talents” programme for Chinese youth which is now advancing the economy with technology inventions and innovations.

    And here’s India, which has yet to find its Deng.


Saturday, March 29, 2025

Quick notes: Chinese EVs | Preemptive surrender...

  • China desperately wanted India's EV market: And it gets it. China's BYD to build first EV plant in India amid rising global trade barriers... 'Hindu nationalist' sarkar falls for China's fake moves to restore peace on border. Global EV domination is key to China's "peaceful rise".


  • India's pre-emptive surrender on multiple trade fronts: "In comparison to other major economies, India's pre-emptive surrender on multiple trade fronts - without the US imposing a single country-specific tariff - makes it appear exceptionally vulnerable to pressure tactics."


  • Trying to please Trump: Govt to abolish ‘Google tax’ amid Trump’s tariff threat


  • Is Elon Musk helping China? Rubio sponsored the UFLPA, and he is a well-known China hawk. But Musk has business ties to China through his auto company Tesla. It sources batteries from battery maker CATL. Tesla recently wrote the administration warning the tariff war could make its cars more expensive.


  • Trump's Auto Tariffs: Why Tesla is the biggest winner. . . Dated: Musk opposes US tariffs on Chinese EVs


  • Why is X suing the Indian govt as Musk woos Modi? Because Modi is bending to everybody and his brother-in-law. The lawsuit comes as Musk edges closer to launching both Starlink and Tesla in India.


  • Trump and China: "He doesn't have strong issues with China's authoritarian system. He doesn't really have issues with China's regional aggression as long as those regional aggressions do not immediately threaten American interests."


  • Proof of China's power: Trump floats reducing tariffs on China to secure TikTok deal


  • Raag Yaman: Pt.kaivalyakumar Gurav



  • Cable cutter: China’s cable cutter could sever 95% of world communications, work at extreme depths


  • Huawei-linked firm makes an impressive debut: China’s SiCarrier surprises chip industry by unveiling extensive range of chip equipment at SEMICON 2025, potentially breaking ASML’s dominance


  • Tesla killers: China is racing to unleash its super-smart cars