Is India cutting ‘off its nose to spite its face’ on OBOR?

[Mufflerman]

True India is large but its economy is just 20% the size of China, it's manufacturing is just 14% of China. Its steel production is just 10% of China, and its exports is also 15% of China. China exports were 2000 billion USD last year, India was around 260 billion USD.

China per capita income is 5 times that of India and India per capita is equal to Pakistan, unlike the perception. In HDI India ranks 131 in the world. In per capita it ranks 140 in the world....so lot of catching to be done.

Car sales in China was 25 million last year, in India it was 2 million, not even 10% of car sales of China. So light year difference between India and China. Lot of India indices are much closer to Pakistan actually than it is with China.

Yea yea. India Pak is always equal equal. Glad that you need to use China to do the equal equal. Pinch yourself awake some day Mr Rip Van Winkle.

 

[beijingwalker]

We care more of US, Germany, Japan, UK and France, those economic powers who are traditionally not friendly towards China, now they all came, what do we need India for? India has their own world, let them keep that way.

There is a 5 times difference between India and China today.

By 2030, it would have fallen to about 2 to 2.5 times.

By 2040, it would be about the same.

By 2050, India would have surpassed China while continuing to maintain twice the growth for the next 20 to 30 years after 2050.

You are completely ignoring India's potential.

A typical Indian, thinks that world power comes from talking,not hard working.

 

[N.Siddiqui]

Yea yea. India Pak is always equal equal. Glad that you need to use China to do the equal equal. Pinch yourself awake some day Mr Rip Van Winkle.

Now, what about other indicators, India exports has declined, the export target of 500 billion USD in 2016 has to be lowered, actual exports were about 260 billion USD, minus IT exports. Huge drop here, what about manufacturing matching that of China. Check news about Cognizant, Wipro, Infosys laying off large numbers of techies in thousands, 8.5% drop in remittances, impeding drop in H-1B visas by the Trump government.

India GDP growth is due to government expenditure in large scale construction/infra/metros and things like that. It is more about expenditure than about manufacturing growth, even an increase in sales price of car is considered as increase in GDP(gross domestic product), this can be a bit superficial...

 

[Chhatrapati]

Being Butt Hurt is a national indian hobby.
And lets have a poll who is a more credible poster me or you on PDF, lets see who wins

Conducting poll in a PDF. Whatever makes you sleep at night man!
Still you haven't said anything other than poverty of India. Is General awareness still missing?

What's you take on OP sirji! Is it again poverty?

 

[N.Siddiqui]

We care more of US, Germany, Japan, UK and France, those economic powers who are traditionally not friendly towards China, now they all came, what do we need India for? India has their own world, let them keep that way.


A typical Indian, thinks that world power comes from talking,not hard working.

Re-posting it here, relevant post, you'll agree...

China has ended/abolished the one child policy three years ago or so, how did India missed this important news. They knew about the populace getting mature if not older and calculated the right time about abolishing the one child restriction.

About the young population bulge in India, it is more about the demographic dilemma than it is about the demographic dividend in India.

China and India are different when it comes to work ethics, China is a one nation, centralized, controlled government, India not. China follows the Mao, Tao's , Confucius philosophy, India is divided between caste and creed, region and religion, the difference is big. But as it is said it's the region which prospers and develops, if India develops it helps Pakistan even the trade is very low, same with China and India.

 

[Chhatrapati]

A typical Indian, thinks that world power comes from talking,not hard working.

The Americans, Japs, French send delegations, attending something and being part of it is entirely different TBH
And second part is rich coming from a Chinese. Chinese students oversees has a reputation for something, which I don't wanna mention.

 

[Mufflerman]

Now, what about other indicators, India exports has declined, the export target of 500 billion USD in 2016 has to be lowered, actual exports were about 260 billion USD, minus IT exports. Huge drop here, what about manufacturing matching that of China. Check news about Cognizant, Wipro, Infosys laying off large numbers of techies in thousands, 8.5% drop in remittances, impeding drop in H-1B visas by the Trump government.

India GDP growth is due to government expenditure in large scale construction/infra/metros and things like that. It is more about expenditure than about manufacturing growth, even an increase in sales price of car is considered as increase in GDP(gross domestic product), this can be a bit superficial...

260/7 works out to 38 billion what was Pak exports this year? Lets use ur equal equal logic.

 

[NirmalKrish]

India is making an International embarrassment of itself.

Like Pakistan at the ICJ today

 

[jessysingh]

Is India cutting ‘off its nose to spite its face’ on OBOR?
Global Village Space |

News Analysis |

India has not sent an official delegation to attend the “Belt and Road Forum” in Beijing and instead criticized China’s global initiative, warning of an”unsustainable debt burden” for countries involved.

President Xi has conceived and is currently advocating what China formally calls the “One Belt, One Road” or OBOR initiative to build a new Silk Road. This route will link Asia, Africa, and Europe, and is a landmark program which will lead to the investment of billions of dollars in infrastructure projects including railways, ports and power grids.

“Connectivity initiatives must follow principles of financial responsibility to avoid projects that would create unsustainable debt burden for communities,” Baglay said.

The initiative is tipped to perch China on a pedestal where it will be able to expand its power profile. By contrast, India has boycotted the event despite Chinese attempts to cajole them into coming and telling them it as in harmony with Modi government’s ‘Act East Policy.’ Chinese State Daily, Global Times, has termed Indian transigence to join OBOR as regrettable but said it would not hamper ‘the trend toward cooperation in infrastructure development among its neighboring countries at all.’

Read more: “We can think about renaming CPEC” China offers India

Indian concerns on OBOR
MEA spokesman Gopal Baglay explained India’s absence from the well-attended event as India could not accept a project that compromised its sovereignty.

“No country can accept a project that ignores its core concerns on sovereignty and territorial integrity,” Baglay said.

Ostensibly, India is concerned that CPEC passes through a region in what it calls as Pakistan Occupied Kashmir (Azad Kashmir), which is an infringement of its sovereignty. This 70 years long unresolved Kashmir dispute is now becoming part of another fast-developing conflagration.

The MEA spokesman, also while stressing on the need for regional connectivity criticized the sustainability of debts.

“Connectivity initiatives must follow principles of financial responsibility to avoid projects that would create an unsustainable debt burden for communities,” Baglay said.

The Global Times rebuked Indian expression of fears for its neighboring countries and wrote ‘It is strange that the onlooker is more anxious than the players. While India cares about its neighbors’ debt burden, the neighbors appear willing to take on more.’

Read full article:
Is India cutting ‘off its nose to spite its face’ on OBOR?

LOL slave present thier slavery and they think they are independent, I think Chinese are not much care india attend or not but slave are much worried

 

[Mufflerman]

M

260/7 works out to 38 billion what was Pak exports this year? Lets use ur equal equal logic.

More equal equal. What Pak electricity prod as a factor of India's?

 

[takeitwithyou]

OBOR is dangerous after the world has seen how a so-called Chinese help with loans/ trade help makes said countries go into servitude for the Chinese, deeply riddled in debt and their sovereign lands being taken over.

 

[beijingwalker]

The Americans, Japs, French send delegations, attending something and being part of it is entirely different TBH
And second part is rich coming from a Chinese. Chinese students oversees has a reputation for something, which I don't wanna mention.

We Chinese work ethnics don't need Indians judge, the result is being seen by the world.

 

[N.Siddiqui]

260/7 works out to 38 billion what was Pak exports this year? Lets use ur equal equal logic.

OK since you have started the topic, total exports of Pak were 22 billion which is low and I am not mentioning the 6 billion USD of services exports.

Check other factors which shows the general prosperity levels of people.

Unilever, Nestle, P@G consumer sales in Pak was in excess of 100 billion Rs, each company selling more than 100 billion Rs. of consumer goods, that is one third of Indian sales, compare this with population of India which is 6.5 times.

Quite a few surveys has put the upper middle class population in Pakistan to be about 7% and in India it is about 3% of the total population...here I am not talking about middle class which is high in both countries.

Check gas connections, natural gas lines in Pakistan is about 10,000 Kms, in India it is about 11,000 Kms...compare this with the size and the population of India and Pakistan.

There are many aspects where Pakistan is is doing better than India...more coming up.

 

[beijingwalker]

OBOR is dangerous after the world has seen how a so-called Chinese help with loans/ trade help makes said countries go into servitude for the Chinese, deeply riddled in debt and their sovereign lands being taken over.

Then why some many countries joined? They are all stupid and you are the smartest being in the world? Do you know China developed and reached today's point first by borrowing foreign loans

 

[WhyCry]

Then why some many countries joined? They are all stupid and you are the smartest being in the world? Do you know China developed and reached today's point first by borrowing foreign loans

Man, don't worry India. Please worry for your own country and projects.

India's response is more like we don't give a JF-17. Both literally and meaningfully.