Chinese goods are flooding Indian households and meeting even their most basic needs, making inroads into areas hitherto considered a domestic preserve.
India cannot be blasé about change in any important capital in the world. Let's look at five key areas where US policy matters for India and how it may vary between Harris and Trump.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Troops patrolled up to Patrolling Point (PP) 10 on Monday. Though there are PP 10, 11, 12, 12A & 13 in Depsang Plains, it was decided that only one or two PPs would be patrolled.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
1. Our importers import goods from China and earn profits. Obviously, they are unconcerned about impact of imports on our manufacturing sector. 2. We are also aware of Chinese international trade clout and even USA and EU countries are unable to find out how China is able to export goods at such low prices. 3. Considering China’s huge trade surpluses, it is not surprising that China wishes that free trade should continue. China is the biggest beneficiary of free trade during the last three decades or so. It is also perhaps the only country which has finessed the art of giving hidden subsidies and blocking imports from countries to which it exports and earns billions of dollars. 3. Everyone is aware that China is a communist country with zero transparency. It is time the entire democratic world with which China has all kinds of trade issues gears to face the ugly trade tactics of China.
1. Our importers import goods from China and earn profits. Obviously, they are unconcerned about impact of imports on our manufacturing sector. 2. We are also aware of Chinese international trade clout and even USA and EU countries are unable to find out how China is able to export goods at such low prices. 3. Considering China’s huge trade surpluses, it is not surprising that China wishes that free trade should continue. China is the biggest beneficiary of free trade during the last three decades or so. It is also perhaps the only country which has finessed the art of giving hidden subsidies and blocking imports from countries to which it exports and earns billions of dollars. 3. Everyone is aware that China is a communist country with zero transparency. It is time the entire democratic world with which China has all kinds of trade issues gears to face the ugly trade tactics of China.