BEIJING: India is receiving a "massive influx" of foreign investments which will greatly enhance its ability to develop the manufacturing sector and China should "keep calm" and start working on a more effective growth strategy for the new era, a state-run newspaper said on Sunday.
"This massive influx of investment by foreign manufacturers is of great significance for India's economy, employment and industrial development," an article in the Global Times said.
"China should be calm seeing India's rise. To cope with competition from India, China could start working on a more effective growth strategy for the new era now," it said.
The influx of foreign manufacturers is addressing some of India's weaknesses and enhancing its manufacturing ability, with Chinese companies also playing an important role in the process, according to the article.
"This is a repeat of China's introduction of foreign investment, which is why it is likely that India may succeed."
http://timesofindia.indiatimes.com/...as-rise-global-times/articleshow/59621523.cms
lol..seems Global Times has been warned by CCP about the mess it has created for Mr 11 about Doklam..! ha haa haaaa hhaaaaaaaaaaaaaaaaaaaaaa ..
"This massive influx of investment by foreign manufacturers is of great significance for India's economy, employment and industrial development," an article in the Global Times said.
"China should be calm seeing India's rise. To cope with competition from India, China could start working on a more effective growth strategy for the new era now," it said.
The influx of foreign manufacturers is addressing some of India's weaknesses and enhancing its manufacturing ability, with Chinese companies also playing an important role in the process, according to the article.
"This is a repeat of China's introduction of foreign investment, which is why it is likely that India may succeed."
http://timesofindia.indiatimes.com/...as-rise-global-times/articleshow/59621523.cms
lol..seems Global Times has been warned by CCP about the mess it has created for Mr 11 about Doklam..! ha haa haaaa hhaaaaaaaaaaaaaaaaaaaaaa ..