India can only 'bark' about trade deficit: Chinese media

[endyashainin]

Oh boy, the Chinese are taunting Indians, daring them to boycott Chinese products. The Chinese know that Indians talk, talk, and talk but never take action. Indians are all talk, they talk endlessly, day and night, talk, talk, talk, and talk.



http://economictimes.indiatimes.com...eficit-chinese-media/articleshow/54934323.cms

India can only 'bark' about trade deficit: Chinese media
By IANS | Oct 19, 2016, 01.42 PM IST

BEIJING: The call for boycott of Chinese goods on Indian social media is "rabble rousing" as Indian products cannot compete with those of China, the state-owned media said on Wednesday.

In an acerbic op-ed, Global Times launched a blitzkrieg of sort against India, saying New Delhi can only "bark" and do nothing about the growing trade deficit between two countries.

China's continued opposition to India's effort to declare Pakistan-based militants as international terrorists has angered many Indians who have called for a boycott of Chinese products.

It described Prime Minster Narendra Modi's pet project "Make in India" as "impractical".

The daily warned Chinese companies not to invest in India as it would be "suicidal" to put money in a country where corruption is high and the workforce is not hard working.

"There has been a lot of talk recently in the Indian media as well as on social media about boycotting Chinese products. It's just rabble rousing," it said.

"Indian manufacturing cannot compete at all with Chinese products, for various reasons."

The daily said that India was to yet build roads and highways and had chronic shortage of power and water supply.

"Worst of all, corruption is highly prevalent from top to bottom in every single government department."

It slammed India for courting the US.

"The US is no one's friend. The Americans are just indulging India in order to contain China, as the US is jealous of China's development and global power.

"India has enough money but the majority of it is concentrated with politicians, bureaucrats and a few crony capitalists. Indian elites don't want to spend funds available in the country, which in reality is the taxpayers' money but is utilized by the Indian establishment for its own personal consumption.

"Because of this, Indian Prime Minister Narendra Modi has started impractical schemes like 'Make in India'. The reason is that the Indian establishment wants foreign companies to invest in the country.

"It would be completely suicidal for Chinese companies to put their money in India by starting manufacturing projects there. The labour class in India is not very hard working or efficient," it argued.

The daily said that instead of opening shops in India, Chinese companies should set up their manufacturing units in China.

The world's third-largest smartphone maker, Huawei, opened its manufacturing unit in India last month.

"In any case, Indian businessmen flock to China in large numbers to buy products from China and sell them in India. This model suits China, so why disturb it by going and wasting money setting up manufacturing facilities in India?

"Let the Indian authorities bark about the growing trade deficit with China. The fact of the matter is they cannot do anything about it."

 

[AndrewJin]

India boycott hasn’t hurt China goods

Diwali, one of the most important Hindu festivals and one of the biggest shopping seasons in India, is coming at the end of October, but encouragement to boycott Chinese goods has been spreading in the last few days on Indian social media, and even a few Indian politicians are exaggerating facts.

Chinese products are often the victim when regional situations get tense, and this phenomenon has been existing for quite a few years.

There have been at least two prominent Indian boycotts of Chinese goods in the past few months.

The first happened in April. It was caused by dissatisfaction over China's stand on the issue of Maulana Masood Azhar, leader of the militant group Jaish-e-Mohammed active in Kashmir, who is accused of committing terrorist acts in India. The second was in July and because of China's lack of support for India's bid to join the Nuclear Suppliers Group.

Now Chinese goods are on the stage again due to the Kashmir issue.

However, regardless of the passionate boycott in India and Indian media's hysteric reports of a "doomsday" for Chinese products, Chinese goods have never been condemned by Indian government and are popular across the nation.

The bilateral trade relationship is one of the pillars of the Sino-Indian relationship. The trade volume was over $70 billion in 2015, and China's investment in India soared to around $ 870 million in 2015, six times what it was in 2014.

The boycott has not achieved success. Sales figures for Chinese products on the top three Indian online retailers in the first week of October hit a new record. Amazingly, the Chinese mobile phone company Xiaomi sold half a million phones in just three days on the Flipkart, Amazon India, Snapdeal and Tata CLiQ platforms.

Some observers believe that China and India are competing with each other regionally and globally. While this might not be wrong, the negative effect of this competition shouldn't be exaggerated too much if we see it in an objective way.

To some extent, the economic relationship is the barometer of the political relationship. There shouldn't be huge fluctuation in terms of economic cooperation if the political relationship keeps steady between the two.

For the dragon and elephant, enhancing economic ties would be a preferable way to promote the comprehensive bilateral relationship. The more economic cooperation exists, the more opportunities there will be for Chinese products to enter the Indian market. India is a big potential market, and people using smartphones and doing online shopping has become the irreversible trend in the new era.

The commercial cooperation between these two countries could also be focused on e-commerce, service and financial investment. The Alibaba mode has already been broadly studied and analyzed or even followed in India, which means the great demand for online business and financial services in India will definitely provide opportunities for their Chinese counterparts.

With enough experience and capital, some keen Chinese companies have already expanded their business into India. Hopefully, these early birds will get the worm soon.

The author is an assistant research fellow at the Center for South Asia-West China Cooperation and Development Studies, Institute of South Asian Studies, Sichuan University. opinion@globaltimes.com.cn Follow us on Twitter @GTopinion

Huawei closer to 140 million smartphone sales target for 2016

 

[Echo_419]

@Oscar please close the troll thread

 

[Tuchha]

Agree with the corruption & infrastructure issues, but article seems to be more of wishful thinking demonizing Americans & their so called ploy to contain China through India.... over looking their own similar policy of containing India through Pakistan, pathetic hypocrites.

And all of sudden India has become an irritant to Chinese expansion policy, what a obtuse thinking.

 

[Max]

over looking their own similar policy of containing India through Pakistan, pathetic hypocrites.

There would be no need of them supporting Pakistan against you if you agree to resolve all disputes with them and sign LEMOA with them and Russia instead of US..

 

[Jobless Jack]

its not just trade when it comes to anything the only thing hindu's do is bark. its been their trade mark move for the past 1000 years barring a few exception

 

[Tuchha]

There would be no need of them supporting Pakistan against you if you agree to resolve all disputes with them and sign LEMOA with them and Russia instead of US..

So you agree!! they support you against India...

 

[Max]

So you agree!! they support you against India...

Yes, is it secret? didnt you saw what China did after modi's recent BRICS whining against Pakistan?

 

[endyashainin]

its not just trade when it comes to anything the only thing hindu's do is bark. its been their trade mark move for the past 1000 years barring a few exception

Those who can't do, talk. Those who never take action, always talk. Indians always talk.

 

[wiseone2]

Oh boy, the Chinese are taunting Indians, daring them to boycott Chinese products. The Chinese know that Indians talk, talk, and talk but never take action. Indians are all talk, they talk endlessly, day and night, talk, talk, talk, and talk.



http://economictimes.indiatimes.com...eficit-chinese-media/articleshow/54934323.cms

India can only 'bark' about trade deficit: Chinese media
By IANS | Oct 19, 2016, 01.42 PM IST

BEIJING: The call for boycott of Chinese goods on Indian social media is "rabble rousing" as Indian products cannot compete with those of China, the state-owned media said on Wednesday.

In an acerbic op-ed, Global Times launched a blitzkrieg of sort against India, saying New Delhi can only "bark" and do nothing about the growing trade deficit between two countries.

China's continued opposition to India's effort to declare Pakistan-based militants as international terrorists has angered many Indians who have called for a boycott of Chinese products.

It described Prime Minster Narendra Modi's pet project "Make in India" as "impractical".

The daily warned Chinese companies not to invest in India as it would be "suicidal" to put money in a country where corruption is high and the workforce is not hard working.

"There has been a lot of talk recently in the Indian media as well as on social media about boycotting Chinese products. It's just rabble rousing," it said.

"Indian manufacturing cannot compete at all with Chinese products, for various reasons."

The daily said that India was to yet build roads and highways and had chronic shortage of power and water supply.

"Worst of all, corruption is highly prevalent from top to bottom in every single government department."

It slammed India for courting the US.

"The US is no one's friend. The Americans are just indulging India in order to contain China, as the US is jealous of China's development and global power.

"India has enough money but the majority of it is concentrated with politicians, bureaucrats and a few crony capitalists. Indian elites don't want to spend funds available in the country, which in reality is the taxpayers' money but is utilized by the Indian establishment for its own personal consumption.

"Because of this, Indian Prime Minister Narendra Modi has started impractical schemes like 'Make in India'. The reason is that the Indian establishment wants foreign companies to invest in the country.

"It would be completely suicidal for Chinese companies to put their money in India by starting manufacturing projects there. The labour class in India is not very hard working or efficient," it argued.

The daily said that instead of opening shops in India, Chinese companies should set up their manufacturing units in China.

The world's third-largest smartphone maker, Huawei, opened its manufacturing unit in India last month.

"In any case, Indian businessmen flock to China in large numbers to buy products from China and sell them in India. This model suits China, so why disturb it by going and wasting money setting up manufacturing facilities in India?

"Let the Indian authorities bark about the growing trade deficit with China. The fact of the matter is they cannot do anything about it."

India can impose tarriffs on Chinese products

 

[IndoCarib]

time to end this troll @endyashainin
@Oscar
@waz

 

[endyashainin]

time to end this troll @endyashainin
@Oscar
@waz

 

[Arthur]

The world's third-largest smartphone maker, Huawei, opened its manufacturing unit in India last month.

Another 'Made by Nokia' kinda disaster in making.

 

[mirage]

Those who can't do, talk. Those who never take action, always talk. Indians always talk.

yea , so we control 50 % of the software industry of the world . wake up .
on topic : sure Bharat will cut the imports from china no matter how much $luts in the media houses controlled by chinese government bark and rage a propaganda . cement sector ( account for 36 % of chinese export )will be the first hit on chinese exports to Bharat and next will be pharma raw material (74% ) . this is just the beginning and it is important for the general public and the masses to have anti china feelings first , actions will follow suit .

 

[Jobless Jack]

yea , so we control 50 % of the software industry of the world . wake up .
on topic : sure Bharat will cut the imports from china no matter how much $luts in the media houses controlled by chinese government bark and rage a propaganda . cement sector ( account for 36 % of chinese export )will be the first hit on chinese exports to Bharat and next will be pharma raw material (74% ) . this is just the beginning and it is important for the general public and the masses to have anti china feelings first , actions will follow suit .