Rajaraja Chola
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We have more to gain. Chinese investments of 20 billion in Bullet train of Delhi Chennai line will change the relationship between the 2 countries.
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First of all China never said they'd block India's entry into NSG. It was a Pakistani diplomat who claimed it.
but $50billion USD trade deficit you have with China say that you are wrong.As i said, most of the goods are non essential items, infact indian industry is already producing them but can't compete with China on prices. Indian consumers have to pay slightly more but that would be made up by difference in FX. Govt can further subsidise the Indian producers as China is doing.
Plus side- More indian production is more jobs, more consumption and more revenue. So overall it will be net positive,
1. GOI won't ban Chinese goods directly. It will be indirect actions
Like - increased duties of Made in PRC
- decreasing duties on alternative suppliers for Chinese goods to check the price rise
- vast local media stirr to make common opinion agaist Chinese good
- there is a reason why from past few years it's " made in PRC " & not " China"
2. Political options
There are plenty of issues with which Chinesenot comfortable eg SCS, Vietnam evr ect
3. Special option - it already in effect as we talk. Increasing multilayer cooperation with Japan.
These points aren't just my opinion they are from somewhere where it matters effectively and dated 2009.
Even England is seriously considering steel problem's solution![]()
what ??? Do tell. I hope you know what trade deficit is.What your government think they can do to China, China already knows it can do to them.
Yes they are a smaller consumer economy than India. But I don't think you understand the conceptDon't bring UK in, as they are in different league than India.
India's trade deficit with China is close to 50 Billion USD and rising. All the goods are basically non essential items. India can hurt China badly if it comes to that. So there is that
How. Do explain. Or just 1 liner is enoughThe trade deficit of around 44 billion is actually in favour of china .. It's india that will be "badly hurt" not China lol.
The trade deficit of around 44 billion is actually in favour of china .. It's india that will be "badly hurt" not China lol.
The trade deficit of around 44 billion is actually in favour of china .. It's india that will be "badly hurt" not China lol.
How is that a oneliner? If the trade deficit is in favour of China who will be hurt by what your indian friend was bragging about? Certainly not China .. It will be India on the receiving end..How. Do explain. Or just 1 liner is enough
Macro Economics seems to be the alien subject here !!!!!![]()
You really don't have a clue do you? Trade deficit is in favor of China so if India stops trade then that deficit goes and it hurts China as it was gaining 44 Billion USD from trade with India.
Poor economics exposed.
You contradicted in your 1 line.
You should had read and learnt the basic economics on google before making any post in this thread.
How is that a oneliner? If the trade deficit is in favour of China who will be hurt by what your indian friend was bragging about? Certainly not China .. It will be India on the receiving end..
And surely that won't hurt the Indians who have invested in the businesses right?
Oh god. I am sorry , i feel insulted to spoon feed you such a basic stuff of economics.How is that a oneliner? If the trade deficit is in favour of China who will be hurt by what your indian friend was bragging about? Certainly not China .. It will be India on the receiving end..
And surely that won't hurt the Indians who have invested in the businesses right?
I'm a law man not a economics expert .. But here what logic dictates .. Surely blocking trade/business would hurt both countries .. The Chinese would lose a market .. And the Indian investors/businessmen who have invested would be? It's not the Chinese who are importing Indian goods .. Rather the Indians wo are importing Chinese goods... For the worlds second largest economy 44 billion is chump change .. But not for countries like India or Pakistan.
Scared to do it alone? Why the need to hide behind China and act brave?China can always exercise the option of a blitzkrieg to Delhi if India becomes a big irritant. We will always support our brothers and open a second front. Getting rid of this black spot on Earth is Pak and Chinas first priorty!