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Tags archives: ubers-exit

Uber’s Exit Shows China’s Mercantilist Leaning; We Should Follow Suit

The impending exit of Uber, the app-based taxi services provider, from China shows the difference between how China supports its local entrepreneurs and how India doesn’t. China follows a mercantilist policy when it comes to encouraging investment, with the dice loaded heavily in favour of the local incumbent while in India there is no such indulgence. Whether it is Amazon or Facebook or Google or Apple or Uber, local champs […]