India’s trade deficit with China jumps to $53 billion in 2015-2016

[bloo]

Pakistan doesn't get aid, rather it is funding which Pakistan get paid in exchange for the service like doing legwork for USA on war on terror mission. It makes sense why India has been getting aid for a long time and even today, which triggered the debate on the parliament in UK since India was capable to launch its satellite orbits. The question is where that aid is being spent if not on eradicating poverty and growth development of India.

Pakistan does get aid, economic, military as well as for NGOs.
Transportation and logistics for US military don't cost over a billion every year. Do prove me wrong with suitable links though.

"legwork for USA on war on terror mission"??? You mean the one inside Pakistan, doesn't that mean that they are actually helping Pakistan and not the other way round.

India has not received aid to the degree that pakistan gets since the 90s.
And UK should stop giving aid to India, we don't need it nor will we wither away like Pakistan without it, we are a BRIC nation.
Their money mostly go to their NGOs not India's, hence your last point is moot.
Their pennies are not making our space program successful it takes a $hit ton of money and infrastructure than what they are giving or have given. It has been made successful by our contribution only, it is both conceited and naive to think that English made our space program possible just by their aid.

 

[Genesis]

You don't understand Chinese culture, Chinese does not wear Jeans*

You don't understand Chinese culture, Chinese does not wear Suits*

You don't understand Chinese culture, Chinese does not wear T-shirts*

You'll come to understand cultures are dynamic, they change with time.

True, but there's a catch. Western countries were dominate on the battlefield and controlled or dominated the entire world. That's prestige you can't buy.

Indian dress looks nice, but until either of us can replicate that dominance, none of our luxuries will be anything more than a passing fancy for hipsters and not main stream.

 

[Finer]

Pakistan does get aid, economic, military as well as for NGOs.
Transportation and logistics for US military don't cost over a billion every year. Do prove me wrong with suitable links though.

"legwork for USA on war on terror mission"??? You mean the one inside Pakistan, doesn't that mean that they are actually helping Pakistan and not the other way round.

India has not received aid to the degree that pakistan gets since the 90s.
And UK should stop giving aid to India, we don't need it nor will we wither away like Pakistan without it, we are a BRIC nation.
Their money mostly go to their NGOs not India's, hence your last point is moot.
Their pennies are not making our space program successful it takes a $hit ton of money and infrastructure than what they are giving or have given. It has been made successful by our contribution only, it is both conceited and naive to think that English made our space program possible just by their aid.

Again, stop watching India medias.

Pakistan is paid in form of funding for providing manpower for USA in cooperating with war on terror which is on the official records. Pakistan army has sacrificed the soldiers, thousand of thousand, on the account of participating on the war of the terror. Then, because of the mission, Pakistan economy took nosedive which was compensated. The funding Pakistan is compensated diversified to the neglected budgets later which includes NGO as well.

Since when Pakistan needs aid? You are talking about the same nation that was tiger of economy in Asian world at one point and provided the economy model to Turkey/S.Korea while Indians was fighting to survive on the grass.

As for India, UK is still waiting for the actual answers with the proof, and your excuse is not gonna fly here since the real problems like poverty is still there which suggests the aid is not being spent there. Miraculously, India is able to afford satellite orbits, in fact launched more than 20, which also explains why there hasn't been any improvement on the budgets for the eradication of poverty.

 

[AndrewJin]

Fruit trade is already going on between China and Pakistan. Karakoram highway gives fair access for trade although with upgradation under CPEC it will become much faster. Pakistani mangoes have already penetrated Chinese market long time ago. Actually Chinese have loved Pakistani mangoes to the level of worship. It's an interesting story. Read up.

http://www.bbc.com/news/magazine-35461265

http://www.telegraph.co.uk/news/wor...the-mango-during-the-Cultural-Revolution.html

http://chineseposters.net/themes/mao-mangoes.php

I have never seen any Pakistani mango in local grocery or supermarket.
Even in the online giant Taobao.com, only dry mango from Pakistan can be found.
Probably it's easier to find in Xinjiang and other Northeast China provinces.
The link #21 provides shows a very good example how mangos from Pakistan can penetrate into China's huge online market. It is said that from 5 August, mangos will be dispatched to customers around China by air.
The current Sino-Pakistan highway is not in very good condition, especially in Pakistan's side.
Upgrading project is urgent!

India's latest export to China

View attachment 322841

View attachment 322842

I think it's PS.
Address, quality labels, etc, all wrong.

 

[bloo]

Again, stop watching India medias.

Pakistan is paid in form of funding for providing manpower for USA in cooperating with war on terror which is on the official records. Pakistan army has sacrificed the soldiers, thousand of thousand, on the account of participating on the war of the terror. Then, because of the mission, Pakistan economy took nosedive which was compensated. The funding Pakistan is compensated diversified to the neglected budgets later which includes NGO as well.

Again, stop spewing rhetorics.

Pakistani cooperation costs over a billion dollars every year? No one in their right mind would believe that.
Suddenly "pakistani cooperation" is the most costly commodity in the world? The billions of dollars of aid that Pakistan has been allowed to incur that is cooperation too?
Do stop with the BS that pakistanis say to each other to sleep better at night or prove with suitable links and do show these official records.

Pakistan's fight with terrorism is its own problem. You talk as if the world owes Pakistan favors but why is US responsible for Pakistan's ineptitude?
Pakistan's participation in COIN ops in their own country doesn't make them entitled to billions of dollars. That is just self serving at the least.
Face it, it is just aid and no amount of you twisting phrases will change that fact.
https://www.usaid.gov/pakistan
http://beta.foreignassistance.gov/explore/country/Pakistan

Since when Pakistan needs aid? You are talking about the same nation that was tiger of economy in Asian world at one point and provided the economy model to Turkey/S.Korea while Indians was fighting to survive on the grass.

LOLOL tiger of economy in Asian world.
When did that happen?
Pakistanis always talk of the past, whereas completely ignoring their present condition.

Pakistan and India were in the same boat 60 years ago, same economic conditions and everything else.
And now look we are the fastest growing nation in the world and a BRIC nation. Where is Pakistan again?

As for India, UK is still waiting for the actual answers with the proof, and your excuse is not gonna fly here since the real problems like poverty is still there which suggests the aid is not being spent there. Miraculously, India is able to afford satellite orbits, in fact launched more than 20,

Proof? Not gonna fly?
What can they possibly do about it.
We are not inclined to give any one anything.

If UK is unhappy with what is happening with their money then they should stop giving it away.

And again you are completely ignoring the fact that this aid goes to their own NGOs, they should be asking about how helpful they have been or rather how inept they have been all this time.

Not miraculously dear, with hard work and perseverance have we got this far.
Our space program costs 2 billion a year and a few hundred million from UK makes it possible.
Use your brain son.

which also explains why there hasn't been any improvement on the budgets for the eradication of poverty.

Do check your facts.
I realize some people just hope against hope for India to fail but sadly they will continue to be disappointed for as long as they live.
http://www.rediff.com/business/spec...s-poverty-rate-has-fallen-to-124/20151015.htm

 

[Shotgunner51]

Very few selected country have trade surplus with us. And they only do so because we kind of want it to.

You were right bro. The overall summary of China 2015 trade:

• Exports: $2.284 trillion, world's #1 largest, 57% were electro-mechanical products
  
• Imports: $1.689 trillion, world's #2 largest
  
• Total trade: $3.973 trillion, world's #1 largest
  
• Balance: +$594.5 billion (Surplus), world's #1 largest

Trade deficits do happen with a short-list of economies:

• Taiwan in the 1st place, followed by South Korea in 2nd place. China's consumes about half of world's total supply of chipset, in which 80-90% was imported valued at ~$200 billion, making chipset the single largest import item surpassing even oil. Taiwan also exports machine tools, Korea exports advanced LNG carriers.
• Followed by Australia which is a commodity supplier e.g. iron ore, coal, natural gas.
• Germany and Japan, they export machine tools, industrial robots, precision tools, electronic components (e.g. optic sensors), consumer electrics, mid to high-end branded automobiles.
• Smaller deficits were recorded with Oil Exporting countries (Saudi Arabia, Venezuela), Mineral Exporting Countries (Chile, Peru, Brazil, South Africa), since large imports were offset by China's industrial exports.

Since 1995, for two decades China has been recording consistent trade surpluses which from 2004 to 2009 has increased 10 times, by March 2016 China's IIP stood at +$1.615 trillion, is world's second largest Creditor Nation after Japan.

https://defence.pk/threads/china-20...es-594-5-billions.417749/page-5#ixzz4GG1fM5vd
http://www.safe.gov.cn/wps/portal/sy/tjsj_whtjxl

 

[AndrewJin]

You were right bro. The overall summary of China 2015 trade:

• Exports: $2.284 trillion, world's #1 largest, 57% were electro-mechanical products
  
• Imports: $1.689 trillion, world's #2 largest after USA
  
• Total trade: $3.973 trillion, world's #1 largest
  
• Balance: +$594.5 billion (Surplus), world's #1 largest

Trade deficits do happen with a short-list of economies:

• Taiwan in the 1st place, followed by South Korea in 2nd place. China's consumes about half of world's total supply of chipset, in which 80-90% was imported valued at ~$200 billion, making chipset the single largest import item surpassing even oil. Taiwan also exports machine tools, Korea exports advanced LNG carriers.

• Followed by Australia which is a commodity supplier e.g. iron ore, coal, natural gas.

• Germany and Japan, they export machine tools, industrial robots, precision tools, electronic components (e.g. optic sensors), consumer electrics, mid to high-end branded automobiles.

• Smaller deficits were recorded with Oil Exporting countries (Saudi Arabia, Venezuela), Mineral Exporting Countries (Chile, Peru), since large imports were offset by China's industrial exports.

Source: https://defence.pk/threads/china-20...es-594-5-billions.417749/page-5#ixzz4GG1fM5vd

China is investing huge on chips and machinery.
I'm very confident we are catching up at an unprecedented speed.
But there is a long way to go.

10 years ago, we would never expect we could export tunnel boring machines.

BEIJING: China's largest ever double-shied tunnel boring machine (TBM) has rolled off the assembly line in Wuhan and will soon be exported to India.

The TBM, at 9.86 metres in diameter and 150 metres in length, was made by China Railway Science and Industry Group Co., the People's Daily reported on Thursday.

The first exported to Singapore TBM of NHI passed the factory acceptance
Recently, the first TBM of Singapore metro T208 project passed the factory inspection successfully.

In 2013, two sets of double shield hard rock tunnel boring machines manufactured by NHI TBM sub-corporation supplied Australia John Holland Company for Sydney metro. At the beginning of 2014, the equipments successfully passed factory inspection and delivered, the performance of tunnel boring machines fully acquired affirmation of client. After John Holland Company awarded bidding for Singapore T208 metro project, they purchased 3 sets of Φ6.66 slurry balance tunnel boring machines from NHI. At the same time, DAEWOO company of South Korea procured 4 sets ofΦ6.66 slurry balance tunnel boring machines from NHI for the T216of Singapore subway. DAELIM company of South Korea also procured 2 sets of Φ6.66 earth-pressure balance tunnel boring machines from NHI for theT222 tenders construction of Singapore subway. Now NHI TBM sub-corporation has started to manufacture these 9 sets of tunnel boring machines for Singapore subway.

Recently , four parties of Singapore land transport bureau, Australia John Holland company, France NFM company, NHI TBM sub-corporation were starting to carry out the inspection of all equipments in G workshop of TBM sub-corporation, after two days of commissioning and inspection work, owner and clients signed factory inspection documents which means all tunnel boring machines

You were right bro. The overall summary of China 2015 trade:

• Exports: $2.284 trillion, world's #1 largest, 57% were electro-mechanical products
  
• Imports: $1.689 trillion, world's #2 largest
  
• Total trade: $3.973 trillion, world's #1 largest
  
• Balance: +$594.5 billion (Surplus), world's #1 largest

Trade deficits do happen with a short-list of economies:

• Taiwan in the 1st place, followed by South Korea in 2nd place. China's consumes about half of world's total supply of chipset, in which 80-90% was imported valued at ~$200 billion, making chipset the single largest import item surpassing even oil. Taiwan also exports machine tools, Korea exports advanced LNG carriers.
• Followed by Australia which is a commodity supplier e.g. iron ore, coal, natural gas.
• Germany and Japan, they export machine tools, industrial robots, precision tools, electronic components (e.g. optic sensors), consumer electrics, mid to high-end branded automobiles.
• Smaller deficits were recorded with Oil Exporting countries (Saudi Arabia, Venezuela), Mineral Exporting Countries (Chile, Peru, Brazil, South Africa), since large imports were offset by China's industrial exports.

Since 1995, for two decades China has been recording consistent trade surpluses which from 2004 to 2009 has increased 10 times, by March 2016 China's IIP stood at +$1.615 trillion, is world's second largest Creditor Nation after Japan.

https://defence.pk/threads/china-20...es-594-5-billions.417749/page-5#ixzz4GG1fM5vd
http://www.safe.gov.cn/wps/portal/sy/tjsj_whtjxl

How about US? are they the largest creditor nation?

 

[rcrmj]

i believe the deficit to China will keep growing for at least 10 years from now, until India can master the skills of low-value-added volume works````but Vietnam poses much bigger threat to India to have such position

 

[Shotgunner51]

How about US? are they the largest creditor nation?

Being the only intact economy after WWII, yes bro, US used to be the largest Creditor Nation. She maintained that spot until Reagan times, when she goes the other direction. Japan replaced US as the world's largest Creditor Nation since late 1980's till nowadays.

By now US is exactly the opposite, being the world's largest Debtor Nation.

The U.S. net international investment position at the end of the 4th quarter of 2015 was -$7.2806 trillion (revised), at the end of the 1st of 2016 was −$7.5256 trillion (preliminary), position further sunk by $245 billion in just one single quarter.

https://www.bea.gov/newsreleases/international/intinv/intinvnewsrelease.htm​

Today largest Creditor Nations are: Japan, China Mainland, Germany, Taiwan, Hong Kong, Norway, Switzerland, Singapore.

 

[Jai.Singh]

Again, stop watching India medias.

Pakistan is paid in form of funding for providing manpower for USA in cooperating with war on terror which is on the official records. Pakistan army has sacrificed the soldiers, thousand of thousand, on the account of participating on the war of the terror. Then, because of the mission, Pakistan economy took nosedive which was compensated. The funding Pakistan is compensated diversified to the neglected budgets later which includes NGO as well.

Since when Pakistan needs aid? You are talking about the same nation that was tiger of economy in Asian world at one point and provided the economy model to Turkey/S.Korea while Indians was fighting to survive on the grass.

As for India, UK is still waiting for the actual answers with the proof, and your excuse is not gonna fly here since the real problems like poverty is still there which suggests the aid is not being spent there. Miraculously, India is able to afford satellite orbits, in fact launched more than 20, which also explains why there hasn't been any improvement on the budgets for the eradication of poverty.

Between 2002–2010, US Congress approved $18 billion in military and economic aid from the United States. However the Pakistan Treasury only received $8.647 billion in direct financial payments.

Total aid since independence
In total, the United States obligated nearly $78.3 billion to Pakistan between 1948 and 2016 in constant 2016 Dollars.

Year Military (USD in billions) Economic (USD in billions)
2002 1.36 1.233 for 2002 to 2004
2003 1.500
2004 1.200
2005 1.313 .338
2006 1.260 .539
2007 1.115 .567
2008 1.435 .507
2009 1.689 1.366
2010 1.232 1.409
2011 1.685 unknown
Total 11.740 billion Military AID
6.08 billion Economic AID


Source : Wiki
https://en.m.wikipedia.org/wiki/Foreign_aid_to_Pakistan

 

[rcrmj]

Largest Creditor Nations are: Japan, China Mainland, Germany, Taiwan, Hong Kong, Norway, Switzerland, Singapore.

No, US is exactly opposite, US is the world's largest Debtor Nation. The U.S. net international investment position at the end of the first quarter of 2016 was −$7.5256 trillion (preliminary). At the end of the fourth quarter of 2015, the net investment position was -$7.2806 trillion (revised).

https://www.bea.gov/newsreleases/international/intinv/intinvnewsrelease.htm

but at least U.S controls the world monetary ecosystem, it can utilize dozens of financial mechanisms to off-set the risks of being a serious debtor`````however, some other wannabe countries do not have such luxury, they are deluded to believe, to be a consuming debtor nation is kind a cooli thing to do and brag```

 

[Jai.Singh]

On topic..
Stop all the cheap imports by banning them, WTO or no WTO. China has ruined US economy with exports and the financial muscle. They are able to dominate the market as it is a communist country with cheap labour and cost government can indirectly subsidise. For such countries WTO is a boon as they can dump things in the market quoting free trade policies. Do not allow Chinese imports if they do not meet a minimum international standards.

 

[rcrmj]

On topic..
Stop all the cheap imports by banning them, WTO or no WTO. China has ruined US economy with exports and the financial muscle. They are able to dominate the market as it is a communist country with cheap labour and cost government can indirectly subsidise. For such countries WTO is a boon as they can dump things in the market quoting free trade policies. Do not allow Chinese imports if they do not meet a minimum international standards.

lol, an ignorant Indian ranting about standards and quality````, Chinese goods arent going to destroy anything in primitive India, yeah, we somehow 'stole' US industry with relative cheap goods, but you factor driven India has nothing, cant make a quality screw to be honest````

p.s without Chinese machine tools, electronic bits and bots half of your companies have to shut-down````oh, btw, your so-called Indian mobile phone makers are basically re-branding Chinese mobiles, and claiming its own 'ingeniousness'

p.s.s your labour cost is 1/4 of China's so better start working to 'fight' back ``

p.s.s Chinese goods are among the top if not best```of cause you cheap Indian can only have cheap ones, but still better than anything primitive India can offer`` fact

 

[TaiShang]

On topic..
Stop all the cheap imports by banning them, WTO or no WTO. China has ruined US economy with exports and the financial muscle. They are able to dominate the market as it is a communist country with cheap labour and cost government can indirectly subsidise. For such countries WTO is a boon as they can dump things in the market quoting free trade policies. Do not allow Chinese imports if they do not meet a minimum international standards.

How about India, a caste country with even cheaper labor?

 

[Three_Kingdoms]

that's not gonna sell well with the word "ganges" on the label

Our rivers are bad but Ganges is even worse
I am sure our scientific researchers would like to take on the challenge
http://zeenews.india.com/news/healt...ges-full-of-deadly-superbugs-study_26746.html

lol, an ignorant Indian ranting about standards and quality````, Chinese goods arent going to destroy anything in primitive India, yeah, we somehow 'stole' US industry with relative cheap goods, but you factor driven India has nothing, cant make a quality screw to be honest````

p.s without Chinese machine tools, electronic bits and bots half of your companies have to shut-down````oh, btw, your so-called Indian mobile phone makers are basically re-branding Chinese mobiles, and claiming its own 'ingeniousness'

p.s.s your labour cost is 1/4 of China's so better start working to 'fight' back ``

p.s.s Chinese goods are among the top if not best```of cause you cheap Indian can only have cheap ones, but still better than anything primitive India can offer`` fact

We are helping the Indians more than the franatic Indian Nationalists want to know
They have free options to source from USA, EU or whomsoever but their national deficits can sure be muti-folds larger
We are helping the Indians to build their own reserve as a whole