The Taiwanese firm Foxconn which is famous for producing the parts behind the famous iPhone is reportedly said to be looking at India as the alternative hub. This is also coming at a time when India is attracting electronic manufacturers with special schemes. Already the relations between India and China have been pretty tense at the border because China is supposedly believed to have broken all the international rules and regulations and have illegally encroached land in India near the Galwan Valley.
It seems like China who has recovered mostly from the CoronaVirus is targeting people when they are weak and who are dealing with the virus. There is also a lot of angst among the Australian public that now suddenly Chinese businessmen have come forward to buy some distressed Australian businesses.
Atleast from the outside, it seems like it's all coming together quite well for China.
