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21 sats \ 0 replies \ @Undisciplined 23 May \ on: Why Make-in-India isn't (is) a guaranteed success despite U.S. tariffs on China econ
I imagine that, similar to China, productivity is much higher in some of the major Indian metros. The coastal urban areas of China are pretty similar to Japan or South Korea, in terms of productivity, while rural China is still very poor.
Taking national averages of extremely large heterogeneous countries paints a very unclear picture of what's going on.