India buys everything from electronics to key drug ingredients to industrial machinery from China and reducing that reliance won’t be easy, experts say.
Chinese President Xi Jinping sidelined Hong Kong’s leaders in shaping the city’s most important legislation since Beijing took control of the former British colony in 1997.
The law will let Chinese security agents operate in Hong Kong and also give leader Carrie Lam the power to pick judges to hear national security matters.
The polls will be a referendum on PM Lee Hsien Loong’s handling of the Covid crisis. A big spike in cases might require fresh restrictions that will hurt the economy.
Merkel plays a key role in passing a EU-wide stimulus package that would see the bloc issue as much as 750 billion euros in joint debt to be used by pandemic-hit nations.
Indian power projection and influence will greatly depend on the choices of small powers — or partner countries — that exercise great agency despite power asymmetries.
While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
Well, it is a tough call. Longer India continues its dependence on China, more handle that China gets. Anytime, China can pull the rug from under the feet of India. India had better start the process of relying less and less on China. It would be foolish to continue to rely on a billigerent China and give one more weapon in its hand to hurt India. If need be, India should provide finance to Indian companies in which China has invested to buy them out.
But anybody saying that it would be possible to lift a billion people out of poverty in just 40 years and become the second largest economy in the world to rival the US in the process, would have been considered a crackpot.
Is anyone still under the illusion that China is benign?
It’s do or die.
The argument is same as that of a drug addict. Well get out of it because it’s harmful and will make you a slave
Well, it is a tough call. Longer India continues its dependence on China, more handle that China gets. Anytime, China can pull the rug from under the feet of India. India had better start the process of relying less and less on China. It would be foolish to continue to rely on a billigerent China and give one more weapon in its hand to hurt India. If need be, India should provide finance to Indian companies in which China has invested to buy them out.
Not easy for sure.
But anybody saying that it would be possible to lift a billion people out of poverty in just 40 years and become the second largest economy in the world to rival the US in the process, would have been considered a crackpot.
Is anyone still under the illusion that China is benign?
It’s do or die.
The argument is same as that of a drug addict. Well get out of it because it’s harmful and will make you a slave