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China to oppose India-Vietnam oil deal within disputed South China Sea

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BEIJING: China today made it clear that it will "not support" the India-Vietnam agreement to enable ONGC to explore two more oil wells if they fall within the waters of the disputed South China Sea administered by it.

Asked for his reaction to the agreement signed during President Pranab Mukherjee's current visit to Vietnam, Chinese foreign ministry spokesman Hong Lei said China has no objection to any "legitimate and lawful" agreement between Vietnam and a third country.

"We have noted President's (Mukherjee) visit to Vietnam. I would like to point out that China has indisputable sovereignty over Nansha islands and adjacent waters," he said.

"We hold no objection to legitimate and lawful agreement between Vietnam and a third country. But one thing is to be clear. If such agreement concerns waters administered by China or if such cooperation project is not approved by the Chinese government, then we will be concerned about such an agreement and we will not support it," he said.


Hong separately clarified to Indian media later that this is China's stand about oil exploration agreements between Vietnam and any other country, not simply India.

While articulating its stand, China wants to be cautious as President Xi Jinping is starting his maiden visit to India tomorrow which is expected to enhance cooperation between the two countries.


The reference to Nansha islands is what Vietnam calls Paracel islands which are part of a major dispute between Beijing and Hanoi.

It is not clear where the two oil wells will be located. China has conveyed similar objections about previous well allotted to ONGC by Hanoi.


It is not clear where the two oil wells will be located. China has conveyed similar objections about previous well allotted to ONGC by Hanoi.

China virtually claims almost all of the South China Sea. Its claims of sovereignty are firmly opposed by Vietnam, the Philippines, Malaysia and Brunei.


The dispute between Vietnam and China over oil exploration flared up last May when Hanoi fiercely resisted Beijing's attempts to deploy a major oil rig.

It resulted in major anti-Chinese riots in Vietnam leading to the death of four Chinese.

Over 100 Chinese were injured in the incident. Over 400 foreign factories mostly run by Chinese were burnt down.


Subsequently China has recalled over 7,000 of its workers from Vietnam over fears for their safety.

The Communist neighbours however warmed up to each other in recent weeks with the visit of a special envoy from Hanoi who held talks with top Chinese leaders.


During Mukherjee's visit to Hanoi, India and Vietnam signed seven pacts including a Letter of Intent (LoI) between the ONGC Videsh Limited (OVL) and Vietnam Oil and Gas Group (PetroVietnam).

The LoI is aimed at further consolidating cooperation between India and Vietnam in energy sector and pave the way for future collaboration between the two countries.


China has been exerting its influence in these waters which is not taken well by Vietnam and other bordering countries like the Philippines. Beijing has also objected to India's exploration projects in the Vietnamese oil blocks.

source-economictimes
 
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Who requires their support ..... We are already exploring oil in SCS .
 
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We also oppose Chinese activities in Azad Kashmir....

On another news, China just made clear that there is NO commitment from China on the investment in India. The numbers were "assumed, speculated by India media".

This is from the Chinese version HuanQiu.com. English reversion may soon be available.

中国使领馆澄清投资传言:子虚乌有印媒拼凑报道_国际新闻_环球网

5.1% GDP growth for a quarter you are now a super power passing China. A big F.U. isn't it? ;)

We didn't ask for your investment, you guys begged for it.
 
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On another news, China just made clear that there is NO commitment from China on the investment in India. The numbers were "assumed, speculated by India media".

This is from the Chinese version HuanQiu.com. English reversion may soon be available.

中国使领馆澄清投资传言:子虚乌有印媒拼凑报道_国际新闻_环球网

5.1% GDP growth for a quarter you are now a super power passing China. A big F.U. isn't it? ;)

http://online.wsj.com/articles/china-set-to-step-up-investment-in-india-1410825393

WSJ is not India media
 
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We didn't ask for your investment, you guys begged for it.

Source: China to oppose India-Vietnam oil deal within disputed South China Sea

Yeah, right. The feeling is mutual. We are glad it's not happening. The news is over the media in China. Here is a google translation:


Indian media speculation China's "one hundred billion investment," Chinese embassies and consulates to clarify rumors
2014-09-16 08:23:00Global TimesShare
I have something to sayto participate
  Global military reports] ["$ 100 billion is coming!" President Xi Jinping's feet have not yet entered India , one relating to China unconfirmed "to invest $ 100 billion to India over the next five years", so that the Indian media ahead of fall revelry. Think of the $ 35 billion investment commitments when Prime Minister Modi's visit to Tokyo just recently obtained some Indian media more optimistic judgments country "has become a beneficiary of the Sino-Japanese competition." $ 100 billion of investment, for nearly $ 4 trillion foreign exchange reserves of China, it is not impossible; but in terms of Chinese investments in India more than a billion dollars in size only Currently, this figure is clearly incredible. On the 15th, Chinese Embassy in New Delhi and the Consulate General in Mumbai are to the "Global Times" denied the figures, but certainly China "will increase the intensity and breadth of the Indian investment." He Fan, an economist on the 15th of the "Global Times" said, the "China $ 100 billion investment," the report, while not true, but it reflects the desire of India to invest in China's current stage of development and the strong desire and have the low-cost labor and the huge market of India, just to expand foreign investment and China's current demand for fit, "These cooperation with Japan does not have any relationship. "

  Chinese embassies and consulates to clarify rumors investment

  "Times of India" website recently published an article entitled "China ready the next five years in India to invest $ 100 billion," the report said, "the Chinese Consul General in Mumbai Liu Youfa said in an interview: 'conservative estimates, during Xi Jinping chairman next week to visit China The commitment to invest more than 100 billion U.S. dollars, is three times that of Japan commitments, mainly for investment in the modernization of railways, roads, ports, power stations and other infrastructure in India, as well as the construction of automobile manufacturing, food processing and textiles and other industrial parks. '"

  "Global Times" reporter on the 15th on the matter to the Chinese Consulate General in Mumbai confirmation, consulate general terms, said: After verification, Liu Youfa Consul General did not express the "$ 100 billion" this figure to the Indian media, which is the Indian media "patchwork out of the report ", according to Indian media may be introduced before the Chinese Consulate General in India, investment intentions of the project, after estimating the funds to make speculative reports, but this figure was" in error. "





  Chinese Ambassador to India Embassy Commercial Counsellor Wang Hejun the 15th on the "Global Times" said: "The Indian media called 'five-year $ 100 billion' is totally something that China has no such commitment."

  The newly appointed Chinese Ambassador to India Le Yucheng recently received the "Global Times" reporter, said: "China and Japan will never blindly competition advantage for Indian investment in India bilateral trade is highly complementary, huge potential to be. sure is that China and India will increase the intensity and breadth of investment on that basis. "

  Some analysts pointed out that the Indian media release this message is intended visit to India on the eve of the Chinese leadership in elevating themselves, trying to get in on the diplomatic initiative, showing the "Chinese are asking yourself" attitude, aims to China to ask for something more. This introduction is not real news once again proves that some Indian media are accustomed to exaggeration, "put the satellite", these reports can not be gullible.

  [Global Times correspondent in India Zou Song Song of Solomon in Japan Blue Global Times special correspondent correspondent Du Tianqi ● Fengguo Chuan Liu Yupeng]
 
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BEIJING: China today made it clear that it will "not support" the India-Vietnam agreement to enable ONGC to explore two more oil wells if they fall within the waters of the disputed South China Sea administered by it.

China is free country and have right no to support it. As we have right not to support their work in Azad Kashmir.

On another news, China just made clear that there is NO commitment from China on the investment in India. The numbers were "assumed, speculated by India media".
This is from the Chinese version HuanQiu.com. English reversion may soon be available.
中国使领馆澄清投资传言:子虚乌有印媒拼凑报道_国际新闻_环球网
5.1% GDP growth for a quarter you are now a super power passing China. A big F.U. isn't it? ;)

None asked money from China. Anyway, if they invest it'll be China's business interests to make money or use that as a leverage in certain situations. It'll not be charity.
 
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Yeah, right. The feeling is mutual. We are glad it's not happening. The news is over the media in China. Here is a google translation:


Indian media speculation China's "one hundred billion investment," Chinese embassies and consulates to clarify rumors
2014-09-16 08:23:00Global TimesShare
I have something to sayto participate
  Global military reports] ["$ 100 billion is coming!" President Xi Jinping's feet have not yet entered India , one relating to China unconfirmed "to invest $ 100 billion to India over the next five years", so that the Indian media ahead of fall revelry. Think of the $ 35 billion investment commitments when Prime Minister Modi's visit to Tokyo just recently obtained some Indian media more optimistic judgments country "has become a beneficiary of the Sino-Japanese competition." $ 100 billion of investment, for nearly $ 4 trillion foreign exchange reserves of China, it is not impossible; but in terms of Chinese investments in India more than a billion dollars in size only Currently, this figure is clearly incredible. On the 15th, Chinese Embassy in New Delhi and the Consulate General in Mumbai are to the "Global Times" denied the figures, but certainly China "will increase the intensity and breadth of the Indian investment." He Fan, an economist on the 15th of the "Global Times" said, the "China $ 100 billion investment," the report, while not true, but it reflects the desire of India to invest in China's current stage of development and the strong desire and have the low-cost labor and the huge market of India, just to expand foreign investment and China's current demand for fit, "These cooperation with Japan does not have any relationship. "

  Chinese embassies and consulates to clarify rumors investment

  "Times of India" website recently published an article entitled "China ready the next five years in India to invest $ 100 billion," the report said, "the Chinese Consul General in Mumbai Liu Youfa said in an interview: 'conservative estimates, during Xi Jinping chairman next week to visit China The commitment to invest more than 100 billion U.S. dollars, is three times that of Japan commitments, mainly for investment in the modernization of railways, roads, ports, power stations and other infrastructure in India, as well as the construction of automobile manufacturing, food processing and textiles and other industrial parks. '"

  "Global Times" reporter on the 15th on the matter to the Chinese Consulate General in Mumbai confirmation, consulate general terms, said: After verification, Liu Youfa Consul General did not express the "$ 100 billion" this figure to the Indian media, which is the Indian media "patchwork out of the report ", according to Indian media may be introduced before the Chinese Consulate General in India, investment intentions of the project, after estimating the funds to make speculative reports, but this figure was" in error. "





  Chinese Ambassador to India Embassy Commercial Counsellor Wang Hejun the 15th on the "Global Times" said: "The Indian media called 'five-year $ 100 billion' is totally something that China has no such commitment."

  The newly appointed Chinese Ambassador to India Le Yucheng recently received the "Global Times" reporter, said: "China and Japan will never blindly competition advantage for Indian investment in India bilateral trade is highly complementary, huge potential to be. sure is that China and India will increase the intensity and breadth of investment on that basis. "

  Some analysts pointed out that the Indian media release this message is intended visit to India on the eve of the Chinese leadership in elevating themselves, trying to get in on the diplomatic initiative, showing the "Chinese are asking yourself" attitude, aims to China to ask for something more. This introduction is not real news once again proves that some Indian media are accustomed to exaggeration, "put the satellite", these reports can not be gullible.

  [Global Times correspondent in India Zou Song Song of Solomon in Japan Blue Global Times special correspondent correspondent Du Tianqi ● Fengguo Chuan Liu Yupeng]

If China is not investing, it is China's loss. The Japanese are here to take your place.

India is also keen for Chinese investment, especially in infrastructure. Chinese direct investment in India, which totals about $400 million, trails far behind $16 billion in cumulative investments from Japan.
 
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And they thought there carrot stick policy will work on India.
India and China should have better understanding for the sake of future.
 
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Hahaha I don't think china will invest in a garbage hole India country there is no loss there is 400 other country to invest in better than India. Modi go around the world begging like a beggar for chinese $$$. Why Modi why.
 
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Yeah, right. The feeling is mutual. We are glad it's not happening. The news is over the media in China. Here is a google translation:


Indian media speculation China's "one hundred billion investment," Chinese embassies and consulates to clarify rumors
2014-09-16 08:23:00Global TimesShare
I have something to sayto participate
  Global military reports] ["$ 100 billion is coming!" President Xi Jinping's feet have not yet entered India , one relating to China unconfirmed "to invest $ 100 billion to India over the next five years", so that the Indian media ahead of fall revelry. Think of the $ 35 billion investment commitments when Prime Minister Modi's visit to Tokyo just recently obtained some Indian media more optimistic judgments country "has become a beneficiary of the Sino-Japanese competition." $ 100 billion of investment, for nearly $ 4 trillion foreign exchange reserves of China, it is not impossible; but in terms of Chinese investments in India more than a billion dollars in size only Currently, this figure is clearly incredible. On the 15th, Chinese Embassy in New Delhi and the Consulate General in Mumbai are to the "Global Times" denied the figures, but certainly China "will increase the intensity and breadth of the Indian investment." He Fan, an economist on the 15th of the "Global Times" said, the "China $ 100 billion investment," the report, while not true, but it reflects the desire of India to invest in China's current stage of development and the strong desire and have the low-cost labor and the huge market of India, just to expand foreign investment and China's current demand for fit, "These cooperation with Japan does not have any relationship. "

  Chinese embassies and consulates to clarify rumors investment

  "Times of India" website recently published an article entitled "China ready the next five years in India to invest $ 100 billion," the report said, "the Chinese Consul General in Mumbai Liu Youfa said in an interview: 'conservative estimates, during Xi Jinping chairman next week to visit China The commitment to invest more than 100 billion U.S. dollars, is three times that of Japan commitments, mainly for investment in the modernization of railways, roads, ports, power stations and other infrastructure in India, as well as the construction of automobile manufacturing, food processing and textiles and other industrial parks. '"

  "Global Times" reporter on the 15th on the matter to the Chinese Consulate General in Mumbai confirmation, consulate general terms, said: After verification, Liu Youfa Consul General did not express the "$ 100 billion" this figure to the Indian media, which is the Indian media "patchwork out of the report ", according to Indian media may be introduced before the Chinese Consulate General in India, investment intentions of the project, after estimating the funds to make speculative reports, but this figure was" in error. "





  Chinese Ambassador to India Embassy Commercial Counsellor Wang Hejun the 15th on the "Global Times" said: "The Indian media called 'five-year $ 100 billion' is totally something that China has no such commitment."

  The newly appointed Chinese Ambassador to India Le Yucheng recently received the "Global Times" reporter, said: "China and Japan will never blindly competition advantage for Indian investment in India bilateral trade is highly complementary, huge potential to be. sure is that China and India will increase the intensity and breadth of investment on that basis. "

  Some analysts pointed out that the Indian media release this message is intended visit to India on the eve of the Chinese leadership in elevating themselves, trying to get in on the diplomatic initiative, showing the "Chinese are asking yourself" attitude, aims to China to ask for something more. This introduction is not real news once again proves that some Indian media are accustomed to exaggeration, "put the satellite", these reports can not be gullible.

  [Global Times correspondent in India Zou Song Song of Solomon in Japan Blue Global Times special correspondent correspondent Du Tianqi ● Fengguo Chuan Liu Yupeng]


WSJ is not an Indian media .It is an American media .And our
medias just copied thats all.

And we dont beg for your investment.If you want profit then invest and take it .Otherwise getthe hell out from here.
And we may begin to reduce our 40 billion trade deficit with China.



On topic:Who gives a shit about their support?
If we get nod from the Vietnam we will go for it .And we already started.
 
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Hahaha I don't think china will invest in a garbage hole India country there is no loss there is 400 other country to invest in better than India. Modi go around the world begging like a beggar for chinese $$$. Why Modi why.
Well last I heard an average Chinese's opinion didnt mattered much to the CPC. But yeah keep raising your voice they might listen one day. May Buddha be with you !!!
 
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Without China, will that $35 billion from Japan still be "peanuts"? Will America still "beg" to invest $200 billion? With your trade deficit and national debt, how are you going to jump start your economy?

Our loss to not invest? Look who's talking in terms of managing money?

No one is going to give money to someone who turns around to gang up with someone else against himself. You overplayed yourself, not too smart.
 
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