Modi govt does not appear to recognise that international politics is spiralling towards a ‘soft war’ where all issues are linked to security and political interests.
President of European Chamber in China, Joerg Wuttke, said the recovery isn't V or W, it's looking like the top of a chainsaw — up and down and painful all the way.
The easing of lockdown restrictions in parts of Europe & US had led some to envisage a V-shaped recovery, but recent flare-up in cases argues against any swift revival.
Indicators such as electricity demand and traffic congestions point to a modest 'lift of lows', as economic recovery remains uneven in the absence of a vaccine.
Traces of habits like holding fewer meetings and less travel or working from home will endure long after the virus lockdowns ease, acting as a brake on demand.
Coronavirus is hammering capacity to produce goods as Chinese factories remain shuttered. And consumers everywhere are reluctant to shop, travel or eat out.
Peter Manuel's ‘Cassette Culture’ showed the booming Bhakti music during the '80s and '90s when Anoop Jalota, Gulshan Kumar achieved success by singing the sanitised Bhajans.
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.
“China’s growth over the last two decades has made the whole world richer, not just China”. China’s growth was a consequence of the West’s policy of Soviet containment. At a time when the West, especially the US, was so far ahead economically that they used their market access to wean countries away from the Communist embrace. They did not foresee the day when the CCP would upend this policy and cause significant disruptions in the US economy and impoverishment of large sections of the US populace when the process of manufacturing was lured away to China through the mantra of free trade. Well, the era of laissez faire trade is over. Coastal elites in the US got wealthy , speculating on money and importing China-made goods. As long as China stayed on the lower end of the manufacturing totem pole the Western elite did not care, Now China is creeping up the tech ladder and the challenge cannot be ignored.
The recent actions of China against India proved they cannot be trusted any more. The agreement with China in the year 1996 was a very good agreement. But they violated the agreement thinking they will be able to capture Galwan valley. This has happened due to anti-national fake Gandhi family and Commies. Fool Rahul has signed a secret MoU with the Communist Party of China. in the year 2008 knowing China is India.s number one enemy. No hybrid can become a true Indian and cannot be trusted. These anti-nationals might have told the Communist Party of China that India is busy with Coronavirus and is the best time to attack India. PLA is like Moist or Naxalites. They do not know mountain warfare. They know Guerilla war with light weapons. Huang Guozhi, the senior editor of Modern Weaponry magazine, has said that the world’s largest and most experienced country with plateau and mountain troops is neither US nor Russia but India. Indian Army knows all kinds of fighting very well. So PM gave a free hand to them and as a result, Indian Army inflicted more causality on the Chinese side. The 21st century is the age of missiles, rockets and Laser beam. Indian is a superpower in this field.
the fact of the matter is that the US is a power in decline. most certainly in the economic and technology fields. elections are due. for the US it has been said ruling parties may change but policies do not. this is because the US is run by corporations and war mongers and not political parties. india is headed in the same direction. therefore we will be in the same boat as the US is today. one simply needs to look arounf the world and the condition of beneficiaries (countries) of US largeness and decide where one needs to be.
Wow ! Something rational from a JNU Prof ? Surely, this must be the China virus effect ! China will not go down alone or without fighting. The leftists and anarchists have been ravaging the cities across the USA – not surprisingly those ruled by the Democrats – and will do their best to disrupt normal life. For India, all around are enemies and so vigilance is key. Learn from Israelis – everyday is a new day.
Even if there is no World War III, one can clearly see a Chinese lead Axis consisting of China, North Korea, Pakistan, Iran, Turkey, perhaps Russia too. India has to be careful as none of them are India’s friends, including Russia.
“But it is Beijing that caused this shift. China has repeatedly attempted to use its economic heft to punish other countries and force them to obey its diktats. China’s use of economic coercion has become the “new normal”. After repeatedly exploiting economic coupling for political gains, it is a bit rich for China to now complain that others are decoupling”
Very true. Xi and co seem to be stupider than the previous generation of leaders. Maybe he buried their head too deeply into marxist theory and truly underestimated the flexible nature of capitalism.
India treats every country as a friend till it proves Unworthy of india s affection. Both China and Pakistan have crossed the limit and will be made to bleed. Just wait.
Exactly. When Modi does something it can be spinned by left publications. The world will have a new economic order with China marginalized in the new setup. China was thriving all around leveraging the benevolent and openness of democratic societies. Now that they have woken up to Dragon dirty games now this decoupling will slowly lead to china’s irrelevance in global community. Technology that China stole and progressed today are rapidly changing and in about 10 years time many of them will be obsolete. Unless China is integrated and engaged with west the progress in the technology domain will be nothing to write about in the next 2 decades. There begins the end of this exploited growth. People who know how technology progress directly affects long term progress will vouch for this. As proven recently Russia is no friend of China either to steal that technology from Russia. We know that from the S400 story recently.
India n Indians must decouple from trade connections with China. We must go full throttle in Attamnirbhar path. Stop Chinese goods from entering Indian ports…
No if No but – No trade till border dispute is settled for good.
What is the global trend? 10 ASEAN countries and their five big partner countries, Australia, South Korea, China, and Japan, have agreed on a trade deal RCEP, and have also invited India to join. America signed a trade deal with China in January, by virtue of which China would by American goods worth $200 billion ny the year end. This would help Trump’s reelection campaign greatly. EU countries also wants to do trading and business with China. EVEN INDIA IS IMPORTING TEST KITS FOR CORONAVIRUS FROM CHINA RIGHT NOW! INDIANS DON’T HAVE ENOUGH OF CHEAP, QUALITY, CHINESE IMPORTS! A recent media report says, “KOLKATA: Chinese smartphone and consumer electronics brands saw sales rise by double digits from the year earlier in sales on Amazon and Flipkart, with some products running out, three senior industry executives said, belying fears of public sentiment turning against them because of border hostilities. …… Industry executives said several products of prominent Chinese brands have stocks running out, including offline. Brick-and-mortar retailers and said it had been business as usual as far as Chinese brands were concerned. “There has been no impact on sales of the Chinese brands,” said a senior industry executive.”
“China’s growth over the last two decades has made the whole world richer, not just China”. China’s growth was a consequence of the West’s policy of Soviet containment. At a time when the West, especially the US, was so far ahead economically that they used their market access to wean countries away from the Communist embrace. They did not foresee the day when the CCP would upend this policy and cause significant disruptions in the US economy and impoverishment of large sections of the US populace when the process of manufacturing was lured away to China through the mantra of free trade. Well, the era of laissez faire trade is over. Coastal elites in the US got wealthy , speculating on money and importing China-made goods. As long as China stayed on the lower end of the manufacturing totem pole the Western elite did not care, Now China is creeping up the tech ladder and the challenge cannot be ignored.
The recent actions of China against India proved they cannot be trusted any more. The agreement with China in the year 1996 was a very good agreement. But they violated the agreement thinking they will be able to capture Galwan valley. This has happened due to anti-national fake Gandhi family and Commies. Fool Rahul has signed a secret MoU with the Communist Party of China. in the year 2008 knowing China is India.s number one enemy. No hybrid can become a true Indian and cannot be trusted. These anti-nationals might have told the Communist Party of China that India is busy with Coronavirus and is the best time to attack India. PLA is like Moist or Naxalites. They do not know mountain warfare. They know Guerilla war with light weapons. Huang Guozhi, the senior editor of Modern Weaponry magazine, has said that the world’s largest and most experienced country with plateau and mountain troops is neither US nor Russia but India. Indian Army knows all kinds of fighting very well. So PM gave a free hand to them and as a result, Indian Army inflicted more causality on the Chinese side. The 21st century is the age of missiles, rockets and Laser beam. Indian is a superpower in this field.
the fact of the matter is that the US is a power in decline. most certainly in the economic and technology fields. elections are due. for the US it has been said ruling parties may change but policies do not. this is because the US is run by corporations and war mongers and not political parties. india is headed in the same direction. therefore we will be in the same boat as the US is today. one simply needs to look arounf the world and the condition of beneficiaries (countries) of US largeness and decide where one needs to be.
Wow ! Something rational from a JNU Prof ? Surely, this must be the China virus effect ! China will not go down alone or without fighting. The leftists and anarchists have been ravaging the cities across the USA – not surprisingly those ruled by the Democrats – and will do their best to disrupt normal life. For India, all around are enemies and so vigilance is key. Learn from Israelis – everyday is a new day.
Even if there is no World War III, one can clearly see a Chinese lead Axis consisting of China, North Korea, Pakistan, Iran, Turkey, perhaps Russia too. India has to be careful as none of them are India’s friends, including Russia.
“But it is Beijing that caused this shift. China has repeatedly attempted to use its economic heft to punish other countries and force them to obey its diktats. China’s use of economic coercion has become the “new normal”. After repeatedly exploiting economic coupling for political gains, it is a bit rich for China to now complain that others are decoupling”
Very true. Xi and co seem to be stupider than the previous generation of leaders. Maybe he buried their head too deeply into marxist theory and truly underestimated the flexible nature of capitalism.
well said Sir.
Complete subordination of Chinese hubris is a must.
YES further we go better for our industry.
India treats every country as a friend till it proves Unworthy of india s affection. Both China and Pakistan have crossed the limit and will be made to bleed. Just wait.
Exactly. When Modi does something it can be spinned by left publications. The world will have a new economic order with China marginalized in the new setup. China was thriving all around leveraging the benevolent and openness of democratic societies. Now that they have woken up to Dragon dirty games now this decoupling will slowly lead to china’s irrelevance in global community. Technology that China stole and progressed today are rapidly changing and in about 10 years time many of them will be obsolete. Unless China is integrated and engaged with west the progress in the technology domain will be nothing to write about in the next 2 decades. There begins the end of this exploited growth. People who know how technology progress directly affects long term progress will vouch for this. As proven recently Russia is no friend of China either to steal that technology from Russia. We know that from the S400 story recently.
India n Indians must decouple from trade connections with China. We must go full throttle in Attamnirbhar path. Stop Chinese goods from entering Indian ports…
No if No but – No trade till border dispute is settled for good.
Not sure why you have stated that modi’s move to ban Chinese apps is more a retaliation and not a well thought move in line with the global trend?
Because the author is a leftist from JNU.
What is the global trend? 10 ASEAN countries and their five big partner countries, Australia, South Korea, China, and Japan, have agreed on a trade deal RCEP, and have also invited India to join. America signed a trade deal with China in January, by virtue of which China would by American goods worth $200 billion ny the year end. This would help Trump’s reelection campaign greatly. EU countries also wants to do trading and business with China. EVEN INDIA IS IMPORTING TEST KITS FOR CORONAVIRUS FROM CHINA RIGHT NOW! INDIANS DON’T HAVE ENOUGH OF CHEAP, QUALITY, CHINESE IMPORTS! A recent media report says, “KOLKATA: Chinese smartphone and consumer electronics brands saw sales rise by double digits from the year earlier in sales on Amazon and Flipkart, with some products running out, three senior industry executives said, belying fears of public sentiment turning against them because of border hostilities. …… Industry executives said several products of prominent Chinese brands have stocks running out, including offline. Brick-and-mortar retailers and said it had been business as usual as far as Chinese brands were concerned. “There has been no impact on sales of the Chinese brands,” said a senior industry executive.”