China top leader snubs Zardari in heart of Pakistan

[AbhimanyuShrivastav]

It may well be but I think you can see how this may be played - a waiver for India and sanctions for Pakistan, another nail in the coffin

Well, I personally believe that the coffin has already been lowered into the ground and the grave is almost filled with Dirt.. Way past putting nails.. For the 1st time, I see Pakistanis hating a country more than they hate India...

 

[Cheetah786]

when i read TOI today.......... i knew this wud be today in PDF

You Guys Actually Read that Trash?

Some Pakistani members here are simply obsessed with India... Cant live without posting India related news everywhere

Indian starting thread about Pakistan and china using desperate Times of India as a source on Top of this .CM domain name is a scam. yeah you are right it is Pakistanis that are obsessed with India.

 

[RazPaK]

Indians are so desperate. Lolz.

 

[Farah Sohail]

IF it is true, then even its not a snub By Chinese FM, but a stupid old creature called Zardari tried to create this prob.. When u have already fixed a meeting with such an imp personality at a certain venue, how can u, at the last min, ask for changing the venue?This is highly unprofessional of Zardari, and embarrassing. for the Chinese.... We should be grateful tht Chinese FM didnt refuse to meet him at all, after such unprofessional behavior.... What kind of stupid action was this? And why he came to karachi in the first place, when he had already scheduled his meeting with Chinese FM, in Islamabad? Must be here in karachi, for some political "jor torr".... This person called Zardari wants to make sure tht Pakistan doesnt have any sincere friends left in the world...and wants to destroy Pakistan at all cost...Arrgh..i hate our politicians.....

 

[Redbull]

Indians, trolling is not that hard, here you go, news from today:


India’s GDP growth rate declined by a disappointing 5.3 per cent in the quarter ended March 2012, the lowest since 3.6 percent in the January-March quarter of 2003, according to data from Thomson Reuters. It last hit this level in the December quarter of 2008. Here are 10 things about the economy that the data tells us.


Growth below expectation: India's economy grew at an annual rate of 5.3 per cent in the quarter ended March 2012, much lower than expectations of 6.1 per cent projected by a poll of 31 economists. Experts see a bleak growth rate looking forward and stress on policy reforms by government to kickstart the manufacturing sector. The GDP numbers mean that the country’s growth slowed for eight successive quarters through the three months ended March 2012. It is also the lowest GDP growth rate in 13 quarters; the last time India registered the same rate of growth was in the quarter ended December 2009, when the global financial system had all but collapsed in the aftermath of the bankruptcy filing by Lehman Brothers Holdings Inc.


Weakest fiscal performance in 9 years: India’s growth rose 6.5 per cent in the fiscal year to the end of March 2012. This is the lowest growth rate since 2002-03 when it fell to 4 per cent in the wake of a global slowdown. It is also a sharp slowdown from the previous fiscal’s 8.4 per cent.


Why did Sensex, Nifty fall: The BSE Sensex hit the lowest point of the day after data indicated that the Indian economy grew at a slower than expected pace in the March quarter. Since corporate profits are to economic growth, a slowdown adversely affects a company’s bottomline. The fall in Sensex and Nifty indicates that investors expect corporate profits to dip going forward.


Agriculture growth falters: The farm sector, which is the single largest employer in the country but one of the lowest contributors to absolute GDP, grew at a measly 1.7 per cent against 7.5 per cent in the corresponding period last fiscal. This is bad news as rural consumption drives considerable amount of growth for leading Indian companies. Poor agriculture growth means rural consumers would have less money to spend going forward.


Manufacturing and services struggle: A key drag on growth numbers were the industry and services sectors -- both key drivers of growth -- which came in lower than expected, at 1.9 and 7.9 per cent against 7 and 10.6 per cent in the year-ago period. The manufacturing sector contracted (-) 0.3 per cent from 7.3 per cent in the same period last fiscal.


Exports hurt: The corporate sector has witnessed its worst slowdown in recent times. Confidence and demand have been weighed down by higher interest rates, a challenging export environment, and, perhaps most important, policy mismanagement and political deadlock, according to Moody’s Analytics. A sluggish global economy has also cut demand for India's goods overseas, despite the falling rupee, which means exports may also not grow enough to compensate for the domestic weakness.


Expect fewer jobs: The ability of companies to create jobs is hurt during a successive slowdown in the GDP growth rate. Company could conserve cash and put expansion on hold as a result of weak growth prospects going forward. Lower investment is also partially a fallout of a high interest regime to keep inflation in check.


No scope for economic stimulus: The current account deficit is the highest since 1980. This occurs when a country imports more than it exports. Costly subsidies have pushed the fiscal deficit to 5.9 per cent from a target of 4.6 per cent of GDP in the fiscal year that ended in March 2012. This leaves little headroom for any fiscal stimulus. The surging budget deficit means the government cannot provide for any tax related incentives to stimulate growth.


RBI cannot stimulate the economy either: A sharp 25 per cent drop in the rupee over the past 9 months could hurt RBI’s ability to cut interest rates because doing so could increase inflationary pressure. There can be no growth stimulus from RBI through a lower borrowing cost as it battles stubbornly high inflation.


No option but to reform: Reforms such as opening India's supermarket sector to foreign chains like Wal-Mart stuttered as the government failed to convince powerful coalition allies. Inflation is the highest among the so-called BRICS group of major developing nations. The government must push fiscal consolidation to help reduce inflation and the current account deficit, the Moody’s report said, warning that an expected rise in global oil prices could again force New Delhi to overshoot its spending target. In short, the government needs to cut subsidies on fuel, fertilizer and food.

From an Indian source:India

Heres the thing, you troll Indian and they say your obsessed with them but when they troll you, they are genuinely concerned.

 

[IND151]

^^ What is more important than meeting with the First Citizen of the "higher than himalayas, deeper than ocean, sweeter than rosgolla" friend ?

Mr jiechi must have valid reason to refuse request of Zardari

and there is no thing like "higher than himalayas, deeper than ocean, sweeter than rosgolla"

for every nation its interests come first and China is not exception

 

[RazPaK]

The Chinese foreign minister was our guest, so he should not have to accommodate.

 

[Nelson]

If Zardari goes on a visit to china, he should go to shanghai instead of beijing and then see if any Chinese officials come there for him. It would be fun.

 

[Bhim]

toilet newspaper brainwashing toilet brains!

Look mate, we can call you idiots lots of things.right.
Doesn't mean you sitting pretty in your mothers lap, that you fart any ****.

 

[Amolthebest]

@on the topic

When they say a true friendship can take place only in-between equals. The nation of Pakistan learnt the lesson in US episode but in China case still they are behaving like freshers.