Modi blew it big time on China policies

[cocomo]

India will come running to join OBOR soon, they are not principled people.

 

[Verve]

India will come running to join OBOR soon, they are not principled people.

I doubt that ... Fascism has engulfed India and it is accelerating ... anger has to spill over in some sort of military action by infuriated Hindu ... that's inevitable.

 

[PaklovesTurkiye]

According to Pakistani press, one highlight of the participation by PM Nawaz Sharif at the Belt and Road Forum in Beijing (May 14-15) will be the signing of a Memorandum of Understanding between the two countries opening the door to massive Chinese investment – to the tune of $50 billion – for the development of the North Indus River Cascade in Pakistan’s Gilgit-Baltistan region. This will be Chinese investment over and above the $46 billion China-Pakistan Economic Corridor.

A whopping 40000 MW of electricity can be produced in the region known as the North Indus River Cascade, which stretches from Skardu in Gilgit-Baltistan and runs through Khyber-Pakhtunkhwa as far as Tarbela. The stunning development catapults Pakistan as by far the number one recipient of Chinese investment in infrastructure development. The geopolitical significance is at once obvious.
Beijing, which went the extra league in the recent months to convince India that the latter’s concerns over sovereignty relating to the CPEC are unwarranted, has apparently given up and decided to simply ignore Delhi’s protestations and proceed with the CPEC projects in a big way in Gilgit-Baltistan. It is a political and diplomatic snub by China, conveying a frank message to the Modi government to “get lost”.

The Modi government is now left with an option to carry on regardless along the path of confrontation and rivalry with China, or, alternatively, to see the writing on the wall and get adjusted to the fait accompli with a sense of stoicism and sense of modesty. The latter course is not easy since the “core constituency” of the BJP will mutiny and the RSS will rap on the government’s knuckles. However, China seems to estimate that it is in India’s DNA that sooner rather than later, it will feel the intensity of regional (and global) isolation – especially now that all of India’s neighbours, including Nepal, have joined the OBOR – and make atonement.

Meanwhile, the announcement in Washington on Thursday that President Donald Trump has nominated his special assistant and the point person on Asia in the National Security Council Matt Pottinger to represent him at the weekend event in Beijing must come as shock to the Indian foreign-policy elites. The US-China détente that is unfolding under Trump’s stewardship makes complete nonsense of Modi government’s China policies that are tied to the apron strings of the Obama administration’s pivot strategy in Asia. The US and China made a joint announcement on Thursday regarding the first tranche of policy decisions on trade issues envisaged under the so-called Initial Actions of the U.S.-China Economic Cooperation 100-Day Plan that was agreed upon by Trump and President Xi Jinping at their Mar-a-Lago meeting in Florida in April.

The White House feels delighted that the relationships Trump has built with President Xi Jinping and other Chinese leaders “are clearly paying dividends.” The announcement covers areas such as agricultural trade, financial services and energy to boost economic cooperation. Amongst other things, China will receive imports of beef and LNG from the US, while the latter agrees to apply the same bank prudential supervisory and regulatory standards to Chinese banking institutions as to other foreign banking institutions.

The US Commerce Department announced on Thursday that Washington “recognizes the importance” of China-proposed Belt and Road Initiative and is therefore deputing a delegation to attend the forum in Beijing. It cannot be lost on the Trump administration that OBOR is shaping up as a new vector of globalization and the US will be the loser if it stays out of the new supply chain. Ning Jizhe, China’s vice-minister of the National Development and Reform Commission said in Beijing on Saturday, “Chinese outbound investment is forecast to total $600 billion to $800 billion over the next five years, a fairly large proportion of which will go into markets related to the Belt and Road Initiative.” This compares with the $60 billion China has so far invested in OBOR projects.

All in all, Modi government’s China policies are turning out to be very short-sighted and based on vanities and prejudices carried forward from another era that are hopelessly unsustainable today. It was possible to have rationally analysed that the Belt and Road Forum in Beijing will turn out to be a seminal event in global politics. But Modi decided to boycott it. The sad part is the sophistry in the Indian argument. The plain truth is that in the emerging scenario in J&K, India should be more than satisfied with a solution to the Kashmir problem without having to redraw territorial boundaries and which would somehow legitimise the Line of Control as the international border.

Indira Gandhi knew this home truth; Rajiv Gandhi knew it; Narasimha Rao knew it; AB Vajpayee most certainly knew it. But Modi somehow doesn’t get it. The Modi government dreams up that all of Greater Kashmir stretching up to Wakhan Corridor belongs to India. A foreign policy based on such poppycock does not serve the country’s interests. The Modi government lends money to Vietnam to buy patrol boats to stand up to China, while President Tran Dai Quang attends the OBOR event in Beijing and is feted by President Xi.The international community will only regard our leaders as a frivolous lot with a provincial mind. Read a candid essay, here, by Prem Shankar Jha on what OBOR could have been and should have been for India’s development agenda.

http://blogs.rediff.com/mkbhadrakumar/2017/05/13/modi-blew-it-big-time-on-china-policies/

 

[Path-Finder]

moohdhi ji is far too clever for the Chinese. modi ji will make hi own sarak very soon to counter these Chinese. Watch.

 

[Dungeness]

Now who is actually "isolated"?

 

[ashok mourya]

As India Skips China Meet, A Message Seen In President Xi Jinping's Remarks: 10 Facts
Countries such as US, Russia, Turkey, Sri Lanka and Nepal are participating in the 'One Belt One Road' summit held in China.
NDTV News Desk | Updated: May 14, 2017 22:37 IST

India has strongly objected to the China-Pakistan Economic Corridor, which runs through Azad Kashmir.





Story Highlights

• China hosts 'One Belt One Road' summit
• India skips the summit, says it violates India's territorial integrity
• India raises strong objections as key part of project runs through Azad Kashmir

New Delhi: All countries should respect each other's "sovereignty and territorial integrity", Chinese President Xi Jinping said today while opening the One Belt, One Road or OBOR project which India has boycotted. A key part of the planned project runs through Pakistan Occupied Kashmir. India has raised strong objections, saying it violates India's territorial integrity, since Azad Kashmir is part of India. While boycotting the OBOR, India said, "No country can accept a project that ignores its core concerns on sovereignty and territorial integrity". Leaders from 30 countries including US, UK, Sri Lanka and Pakistan are attending the forum, which ends on Monday.
Here are the latest developments to this big story:

1. . President Xi, without referring to India's objections, today said, "all countries should respect each other's sovereignty, dignity and territorial integrity, each other's development paths and social systems, and each other's core interests and major concerns."
   
   
2. Denying attempts to form a "small group" of nations taking part in the Belt and Road initiative of which the $50 billion China-Pakistan Economic Corridor is a part, President Xi said China plans to build it as a road to peace and link his country to much of Asia, Europe and Africa.
   
   
3. His signature foreign policy initiative will link China to much of Asia, Europe and Africa. Under it, China will invest billions of dollars in an ambitious plan to rebuild ports, roads and rail networks while expanding trade links between Asia, Africa and Europe.
   
   
4. On Saturday, during his meeting with Pakistan Prime Minister Nawaz Sharif, President Xi called for pushing forward the construction of the China-Pakistan Economic Corridor, according to China's official Xinhua News Agency.
   
   
5. "The international community is well aware of India's position... No country can accept a project that ignores its core concerns on sovereignty and territorial integrity," External Affairs Ministry spokesperson Gopal Baglay had said. "We have been urging China to engage in a meaningful dialogue on its connectivity initiative... We are awaiting a positive response from the Chinese side".
   
   
6. India's decision to skip the summit comes at a time of a sharp downturn in ties. New Delhi is upset over China's refusal to allow it entry into the Nuclear Suppliers Group, a global cartel that controls nuclear trade, and over Beijing blocking a request at the UN to sanction Masood Azhar, the Pakistan-based head of terror group Jaish-e-Mohammed, which has attacked military bases in India.
   
   
7. President Xi's pledge of $124 billion in loans and investment was welcomed by countries like Russia, Turkey and Pakistan. The US decision to attend the meet marked a U-turn in its position.
   
   
8. "Looking at the One-Belt, One-Road initiative launched by China, we can be fully confident about its future. Russia expects to establish a comprehensive partnership with all the parties. We are also looking forward to promoting the cooperation with the European Union and the countries of Europe," said Russian President Vladimir Putin.
   
   
9. Some Western diplomats have expressed unease about both the summit and the plan as a whole, seeing it as an attempt to promote Chinese influence globally. China has rejected criticism, saying the scheme is open to all, is a win-win and aimed only at promoting prosperity. "What we hope to create is a big family of harmonious co-existence," President Xi said.
   
   
10. The proposed silk route will cover South Asia, Central Asia, Europe and Africa. The Maritime Silk Route begins in China's Fujian province, pass through Guangdong, Guangxi, and Hainan before heading to the Malacca Strait. From Kuala Lumpur it heads to Kolkata and Colombo and then crosses the rest of the Indian Ocean to Nairobi from there it moves along the Red Sea to the Mediterranean Sea and ends in Venice.
    

 

[black cat]

I am happy OBOR not touching India, already 54billion $ a year trade gap, what will happend if they get straight route ?
Also I realy hope china will punish India for not taking part and stop trading with India, then I will really feel some achivement on part of India

 

[Thorough Pro]

Yypical indian behaviour, if it doesn't suit your right wing hindu extremist narrative, attack the writer.

This chai wala has no manners, but then again what can on expect from the people who don't even know how to take a dump

 

[Chinese-Dragon]

we are not getting onboard any Chinese initiative period no matter what come what may

LOL, India joined the AIIB as the second largest shareholder (after China), and it's the AIIB which is financing the OBOR. So India is already financing OBOR.

 

[Areesh]

Chalay they Pakistan ko Isolate Karnay; India infect isolating herself through this absolute hate & rigidness towards us.

They have already isolated us. They won't play cricket with us.

 

[Post Colonnial]

every Chinese leader looks to get some humongous accomplishment and Xi is looking for a regional and global role to be his legacy. With such strong motivated leaders as Modi and Xi, it is undoubtedly going to be a Asian century.

 

[Areesh]

Get lost along with Nepal Bhutan BD Myanmar

Why Nepal bro??

Even Nepal is part of OBOR.

http://www.hindustantimes.com/world...lt-one-road/story-R4GfohlkoPLkfId4xXpWDN.html

http://timesofindia.indiatimes.com/...nt-ignore-obor-nepal/articleshow/58664331.cms

 

[AUSTERLITZ]

No,this was the correct decision.OBOR has has 2 goals - 1)to dump china's overproduction into these nations,and dump excess capital they have nowhere to invest in infrastructure projects which will be cycled back by chinese companies anyway
''But its most pressing concern is to find orders for its huge capital goods industry. While India’s industrial production is wasting away because of its acute shortage of up-to-date infrastructure, China is literally suffocating in excess capacity. China produces more than 800 million tonnes of steel a year, almost exactly half of the world’s output, and has run out of places in which to use it. The provincial governments have built all the airports, container ports and all-weather highway they could think of. Starting with a single line with 20 pairs of bullet trains in 2005, the Chinese have built 19,000 km of high speed train track and are running 2,300 pairs of bullet trains on them today. And residential and commercial space is so overbuilt that as far back as 2013 China had 55 million square metres of unoccupied apartments.
The world market too is saturated and in a recession. Beijing’s attempt to dump some of its steel on it last year caused a crash in prices that forced US Steel to lay off 39,000 employees, and precipitated a crisis in Arcelor-Mittal. The global outcry that followed forced it to promise to close down 150 million tonnes of steel making capacity by 2020. That is almost twice the entire steel-making capacity of India today.


Overcapacity is even greater in its heavy engineering industries – the industries that build the industries that manufacture its products. In the four years that ended in December 2015, China added more than 300,000 MW – more than India’s entire power generating capacity – to its coal power generating capacity. But it was able to bring only a fraction of it into use, and that too only by reducing the capacity utilisation in existing plants.


Today, the only orders these plants are getting are from enterprises that are modernising their existing production capacity.OBOR is an extension of China’s original shift of investment to the western provinces, and is the only way left to keep the millions of workers in the heavy industries employed. But just the ‘belt’ and ‘road’ as conceived today will not suffice. For that China needs India to become a partner, for while the combined GDP (in hard currency) of the seven countries in which the bulk of OBOR investments are currently envisaged: Russia, Uzbekistan, Tajikistan Turkmenistan, Kazakhstan, Pakistan and Malaysia was $2.1 trillion in 2015, that of India alone was $2.256 trillion.''

2) Build a network of strategic hegemony in south asia as economic penetration is the first step.
Without Indian participation OBOR ha no relevance in south asia.Indian market and indian economy alone.Without indian participation Sri lanka,Bhutan,Bangladesh,Myanmar are not going to be reachable in any meaningful way.


The final reason to say no is China renaming places in arunachal pradesh and blocking our NSG entry,helping mahsud azhar must pay a geopolitical price.If u screw with our interests ,we will screw with yours simple as that.

 

[American Pakistani]

Sooner or later india will lick what it spit. Thook kay chaTay ga.

Mark my words india will join OBOR and Indians for the sake of face saving will say, "as long as we get business interests".

 

[Chinese-Dragon]

If u screw with our interests ,we will screw with yours simple as that.

That's fine, but do you realize that India already joined the AIIB which is financing the BRI, they are paying for it but not getting anything from it.

Even the US, Japan, South Korea, Vietnam, Russia, Sri Lanka, Nepal, and everyone else has joined BRI. Where are India's allies?