HAIDER
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Todays India is Cghina of 1998-2000.... check the figures. Our exports are just starting to take off (currently at 350 billion$) and our economy is 2.3 trillion$ with an average growth of 7-8%. Even if we maintain this growth, India will be a 5 trillion $ economy in 2022-3.
I agree India is way way behind of TODAY'S China. But , as was China a decade ago, we are experiencing the same boom, only a bit better because:
1) Our demographic dividend is more than China. Average age of Indians is in the mid 20s... so a huge labour force that can be tapped
2) Unlike China, we have good relations with almost all the nations (including Israel, Iran, USA, Russia, etc.) In fact, China is still seen suspiciously in the west.
3) With Chinese growth maturing and saturating (they just lost 4 trillion $ for God's sake), India is the logical next economic rising giant.
Whose fault it is? Isn't it our diplomatic victory that we can purchase 5th gen fighters/ aircraft carriers from Russia on one hand and have C-17/ P8I from USA? We are perhaps the only country to have a strategic relationship with Israel and the best partner of Iran in Mid-East/ South Asia. Even if we are your enemies, you guys have to admit that we Indians have done a pretty good job diplomatically.
That what I said China is facing sanctions. Even China always kept non interference policy. But west wants to bring democracy in China, already started unrest in Hong Kong. But still Chinese are growing much faster, even after disturbance in Ulger to Hong Kong
Its all after 1962, when India lost the war against China, Where West realize they need strong Indian to confront Chinese future expansion .Whose fault it is? Isn't it our diplomatic victory that we can purchase 5th gen fighters/ aircraft carriers from Russia on one hand and have C-17/ P8I from USA? We are perhaps the only country to have a strategic relationship with Israel and the best partner of Iran in Mid-East/ South Asia. Even if we are your enemies, you guys have to admit that we Indians have done a pretty good job diplomatically.