China Can Help Modi Succeed, Says Chinese Daily

[godofwar]

BEIJING: China alone can help Narendra Modi translate his election promises to build a strong India into reality, a commentary in a Chinese newspaper said Thursday.

The China Daily analysis of Modi's election victory also said New Delhi and Beijing could share information on terrorist groups in the region and launch joint operations against them.

Saying "Modi cannot create a miracle to revive the economy as he did to win the election", the commentary said: "There is one country that can help him convert his promises into reality - and that country is China."

The commentary, by an assistant professor at the Centre for South Asian Studies which is affiliated to Peking University, said Modi had followed the "Shenzhen model" to develop Gujarat.

"So he is believed to know what is needed to revive an economy. Many Indians see him as an ideal leader to develop India's manufacturing sector in which China could play an important role."

It said there was a huge scope to increase Sino-Indian trade from about $65 billion to $100 billion in the next two years.

But for that, Modi would have to come up with policies to attract Chinese investment to India, barring Maharashtra, Tamil Nadu, Delhi and Gujarat, "the current atmosphere of foreign direct investment in India is not very attractive for Chinese companies".

The daily said both China and India faced similar problems like slowing economies, flight of capital and terrorism.

"The two countries, therefore, could share information on terrorist organisations active in the region and launch joint operations to root them out.

"India and China need to work out regional monetary and trade policies to offset the impact of the US monetary policy - mainly responsible for the flight of capital - on their economies," it added.
The commentary said neither the rise of China nor the emergence of India was in the interest of American hegemony.

"The world's sole superpower has been using divisive policies to keep China and India at loggerheads. In fact, the US is one of the major causes of the prevailing distrust among many Asian countries..."

"Perhaps Modi will make it clear that India will not be part of any contain-China policy floated by the US."

China Can Help Modi Succeed, Says Chinese Daily -The New Indian Express

 

[Chinese-Dragon]

Well, for India to return to double-digit growth, they need huge amounts of investment. And since the Congress party ruined India's fiscal position (they need to take on debt to cover the spending they already make), they have had to turn to outside to seek investment for their ambitious infrastructure expansion.

And China, with $4 trillion in reserves, and looking for a place to invest, would be the obvious choice.

China is now trying to move away from an investment-driven model, which means some of the investment funds that originally were meant for domestic use, are going to start flowing overseas.

India can leverage this position, just like China leveraged the investment from the rest of the world during the early stage of our three decades of double-digit growth.

 

[Alphacharlie]

I take such articles with pinch of Salt...

 

[spectribution]

To all Chinese this is possibly Modi's future military/economic equations.

Military Equipment (JV / ToT with foreign countries) :

1. Russia
2.Israel
3.France
4.EU
5.DRDO
6.USA

Economic Relations :

1. Japan
2. China
3. EU
4. USA

Strategic Alliance :

1. Russia
2. Japan
3. Israel
4. France
5. EU

 

[GORKHALI]

Well, for India to return to double-digit growth, they need huge amounts of investment. And since the Congress party ruined India's fiscal position (they need to take on debt to cover the spending they already make), they have had to turn to outside to seek investment for their ambitious infrastructure expansion.

And China, with $4 trillion in reserves, and looking for a place to invest, would be the obvious choice.

China is now trying to move away from an investment-driven model, which means some of the investment funds that originally were meant for domestic use, are going to start flowing overseas.

India can leverage this position, just like China leveraged the investment from the rest of the world during the early stage of our three decades of double-digit growth.

This is a very positive news for both countries,I believe china can help a lot to overcome infrastructure hurdles like high speed rail infrastructure,sea links,sanitation across India as they understand a fellow asian woes and difficulties too.Moreover Chinese can also help us to make to universities,commercial ports etc in no time. I will prefer Chinese investment over american anytime for investment in economy.

 

[trident2010]

The China Daily analysis of Modi's election victory also said New Delhi and Beijing could share information on terrorist groups in the region and launch joint operations against them.

This one is important. And since China has control over Pakistan, it will be easier to wipe them out from the region.

 

[Tshering22]

To all Chinese this is possibly Modi's future military/economic equations.

Military Equipment (JV / ToT with foreign countries) :

1. Russia
2.Israel
3.France
4.EU
5.DRDO
6.USA

Economic Relations :

1. Japan
2. China
3. EU
4. USA

Strategic Alliance :

1. Russia
2. Japan
3. Israel
4. France
5. EU

I don't think so for the bolded part.

While we may maintain diplomacy, I don't think there would be any cooperation from the chameleons on strategic and military front except maintaining our current military equipment.

The rest however is possible.

 

[spectribution]

I don't think so for the bolded part.

While we may maintain diplomacy, I don't think there would be any cooperation from the chameleons on strategic and military front except maintaining our current military equipment.

The rest however is possible.

If you want to live peacefully in a lake, make friends with the crocodiles.
- Bengali Saying

These crocs have the sharpest,most hit tech teeth in the world? Get the drift?

 

[Tshering22]

If you want to live peacefully in a lake, make friends with the crocodiles.
- Bengali Saying

These crocs have the sharpest,most hit tech teeth in the world? Get the drift?

No one is making them enemies. But not making friends doesn't mean making enemies always.

Understand the strategic implications. Countries like France, Germany and UK are much better bilaterally in relations than they are as a collective EU. Although I can give the benefit of doubt to the French who are a bit more independent in their approach, but not to the other two.