China offers to finance 30 per cent of India’s infrastructure development plan

[bolo]

Indian has no reason to refuse, I mean China investors are expecting a substantial rate of return from the investment and Indian also benefits a lot. The reason why India's industrial output is behind China is that the infrastructure is not be able to fully guarantee the long-term operations of business. For companies, a quicker operating cycle by delivering goods to customers in much faster and cheaper way will help this company collecting cash back effectively. And more railways will help this. Indian should welcome China's investment.

Why would you want to upgrade their infrastructure to potentially use against you in a war?

 

[JAT BALWAN]

India should consider this in positive way... If we are asking MFN from Pakistan & barring investments of Chinese then I'll say we are a hypocrate one...

By the way after long time Indians & Chinese member talking in proper menner in PDF.... may be only for this thread but it's good to communicate like this manner..

 

[protest]

With Chinese investment, likely chances of war between these two countries diminish. Chinese wouldn't want to forego their investment,do they? Its $300 billion today but with good returns it could go over $trillion in no time. Just make sure worker ratio be at least 25:75 skewed in favor of Indians. Then I think its a win-win. I hope Modi will do the necessary thing.

 

[amitkriit]

We must welcome the Chinese investment in Road, Tunnel, Rail-Road, Sanitation and Non conventional energy. Ports and Telecom are a big NO. We need the money for Infra.

 

[bolo]

Meanwhile, our money will continue to rot in US treasury bonds.

China is diversifying their holding by buying mining and petro companies and buying gold. BTW, why don't they take the $4t and invest in military and science R&D.
Investing in India is not a good option as I mentioned earlier.

We must welcome the Chinese investment in Road, Tunnel, Rail-Road, Sanitation and Non conventional energy. Ports and Telecom are a big NO. We need the money for Infra.

Why? You indians say Chinese made things are gargabe and will last only two weeks? Why change of heart?

 

[Yogi]

Investment in infra should be allowed from wherever we can get it. If GOI has some issues with NE n J&K then just clearly outline them but the policy should be clear.

China has one of the best infrastructure in the world as of now n we can learn a lot from them.
Plus it might ease some tensions in the neighborhood as well.

i would say its a welcome step.

 

[thesolar65]

so, how may time a day you bow before the dragon to be prosperous....

Five times I presume....!!

 

[karan21]

Investment from China is great, but before that it's time we evolve our own banking system to support 1 trillion $ infrastructure funding.

 

[thesolar65]

Well, fact of the matter is the economy has come to a stand still. I have seen in my state, just one year ago there was such a money flow that Audi decided to open up a show room in BBSR. There was a real estate boom, the prices of land and flats were increasing by months. It was because of three types of income. Mining, Chit fund, IT, education. Now the situation is such that there are thousands of unsold flats, very low rental value and there by low income. You can sense all this when going to local hat and having conversation with people there.

Now, Chit fund is closed because it is fraud, mining sector will never be revived (I mean for export purpose of raw material) and IT sector is stagnate. There is also low intake of students in educational sector, there by letting the rental value of properties declining. And coupled with this the Govt. in order to increase it revenue is doing the opposite. Tightening the screws on business man/houses will serve no purpose. Give this tax, that tax, putting new type of regulation and all types of obstacle.

So I think in order to revive the economy, we have to invest heavily on infrastructure. Remove many of the obstacles but have a rein in case!!. If you build road, then it needs iron, cement. If you build buildings then it need same iron, cement, glass, aluminum, tile, elect, phd fittings and what not. These will contribute to growth of Ancillary industries. True labour rate will increase and there will be a shortage of labour. But watch out for bad elements!!

That's why we need Chinese investment but with eyes wide open!!

 

[Narendra Modi]

$3.8 trillion is just the main reserves.

The CIC (China Investment Corporation) arm of our currency reserves is worth over $600 billion by itself in addition.

Putting money in US treasury bonds is worthless. The return is barely enough to even cover inflation. More money should be diverted to the CIC arm of our currency reserves, for use in investing overseas.

India can accept our offer or turn it down, depending on whether they see it as a net positive for their economy or not.

I support this move.

 

[kbd-raaf]

China is diversifying their holding by buying mining and petro companies and buying gold. BTW, why don't they take the $4t and invest in military and science R&D.
Investing in India is not a good option as I mentioned earlier.


Why? You indians say Chinese made things are gargabe and will last only two weeks? Why change of heart?

Chinese infra while behind the West and Japan etc is far ahead that of India. Who said Chinese infra development was bad?

 

[Narendra Modi]

Chinese infra while behind the West and Japan etc is far ahead that of India. Who said Chinese infra development was bad?

China infra is good, we support investment unlike Congress cheapskates.

 

[kbd-raaf]

China infra is good, we support investment unlike Congress cheapskates.

The vast majority of Indians on this forum support NaMo. Your presence here as a fake account isn't helping his cause.

 

[faithfulguy]

The vast majority of Indians on this forum support NaMo. Your presence here as a fake account isn't helping his cause.

But the fast majority of Indians only care about feeding their family. So NaMo will not win.

 

[amitkriit]

But the fast majority of Indians only care about feeding their family. So NaMo will not win.

Democracy in India has evolved. In recent state elections, the electorate voted the incumbent governments back into power because those governments performed well. Namo is going to win and form the next government in Centre.

This Chinese offer is worth consideration. We need huge investment in Infrastructure to resurrect the Indian economy. But we must make it clear that the China funded projects will employ local labour.