360° Coverage : India unable to make realistic economic choices: Chinese daily

5 Updates
India unable to make realistic economic choices: Chinese daily
Photo Credit: , Getty Images

India unable to make realistic economic choices: Chinese daily

Oct 29 2013, 5:48am CDT | by IANS

Beijing, Oct 29 (IANS) India's domestic issues are stopping it from making realistic economic choices, according to a leading Chinese daily.

Beijing, Oct 29 — India's domestic issues are stopping it from making realistic economic choices, according to a leading Chinese daily. In an article Tuesday, the Global Times said Indian Prime...

Filed under: news

YouTube Videos

 
 
 

51 weeks ago

India unable to make realistic economic choices: Chinese daily

Oct 29 2013, 5:48am CDT | by IANS

Beijing, Oct 29 (IANS) India's domestic issues are stopping it from making realistic economic choices, according to a leading Chinese daily.

Beijing, Oct 29 — India's domestic issues are stopping it from making realistic economic choices, according to a leading Chinese daily.

In an article Tuesday, the Global Times said Indian Prime Minister Manmohan Singh managed to raise issues like the trade imbalance and Sino-Pakistani ties with the Chinese side during his visit to China earlier this month.

But China's plans of setting up industrial parks in India, promoting regional economic cooperation and the Bangladesh-China-India-Myanmar (BCIM) economic corridor were not fulfilled, said the article, written by Liu Zongyi, a research fellow in the Shanghai Institutes for International Studies.

"China and India are the two largest emerging countries, and their bilateral ties are of global strategic significance," it said.

"That Beijing was unable to realise its hopes can be attributed to some internal factors in India, including the obstacles from opposition parties, the public resistance against foreign capital, the outdated labour law institutions and the existence of established interest groups."

According to the article, Prime Minister Manmohan Singh "did not get any substantial commitments from the US during his visit there last month, since Washington primarily intends to take advantage of its military force to contain China".

Which was why "cooperation with China to develop the economy has become a realistic choice for New Delhi".

It also pointed out that the development of the BCIM corridor was necessary for tne security and prosperity of India's northeastern region, but India's concerns over the corridor come from three main reasons.

"Given the unsettled Sino-Indian border disputes, the opening-up of the northeastern area may pose a threat to its defence security once conflicts take place," the article said.

"A number of rebel groups that share ethnic ties with people in both Myanmar and China have been causing turbulence in this part of the country, and regional frictions are likely to turn into international conflicts once the district is opened up.

"Further, commodities from China and some southeast Asian nations sell well in the Indian market, which, therefore, may be occupied by foreign products amid regional economic integration."

Stating that exchange of high-level visits from both sides this year is a milestone in Sino-Indian ties, the editorial said India has to overcome its domestic problems more than China.

"Its (India's) democracy should not become an excuse to hinder the development of its relations with Beijing," the article concluded.

IANS

Source: IANS

 
Update
5

3 weeks ago

Despite Cold Shoulder From Obama, India's New Leader Takes US by Storm

Oct 2 2014 8:47am CDT | Source: Big Government

Despite a noticeably cool reception at the White House, everywhere else India’s new Prime Minister Narendra Modi went on his five day visit to the United States he was treated more like a pop star than the self-effacing 63-year old devout Hindu that he is.  More than 19,000 adoring fans, many of whom travelled from Indian communities throughout the United States and Canada just for the chance to see Modi, crammed into New ...
Source: Big Government   Full article at: Big Government
 

 
Update
4

4 weeks ago

Ami Bera Loses Support of Sikh Community over 1984 Massacre in India

Sep 24 2014 6:30pm CDT | Source: Big Government

Democratic Congressman Ami Bera, who is Indian, is losing support for his 2014 reelection because many Sikhs are angry at his refusal to acknowledge the Indian government’s culpability in the massacre of 3,000 Sikhs in India in 1984, according to the Sacramento Bee. Bera hails from the Indian state of Gujurat, but is not Sikh. The massacre in 1984 was catalyzed by the Oct. 31, 1984 assassination of Prime Minister Indir ...
Source: Big Government   Full article at: Big Government
 

 
Update
3

5 weeks ago

India-China Relations: A New Chapter?

Sep 19 2014 1:19pm CDT | Source: Politics - The Huffington Post

In the backdrop of President Xi Jinping's ongoing visit to India, presenting an exclusive free and frank dialogue on bilateral ties with Mr. Jayadeva Ranade, President, China Analysis and Strategy (India); Dr. Srikanth Kondapalli, Professor, Centre for East Asian Studies, JNU (India) and Ms. Haiyan Wang, Co-Author, "Getting China and India Right" and Managing Partner, China India Institute (U.S.). The interview is part of Ananta Aspen Centre's ...
Source: Politics - The Huffington Post   Full article at: Politics - The Huffington Post
 

 
Update
2

6 weeks ago

Twitter birds flock back to Benghazi

Sep 8 2014 2:15pm CDT | Source: WND

Two events that generated quite a bit of Twitter activity this past week were the passing of comedienne Joan Rivers and the broadcast of Fox News’ controversial “13 Hours at Benghazi.” Twitter aggregator Twitchy was there to capture some of the most poignant tweets that flowed when Fox’s special report aired last Saturday evening. Wrote one twitterer, conveying the sentiment of many in under 140 characters: “Palpable grief, ...
Source: WND  Full article at: WND
 

 

Don't miss ...

 

blog comments powered by Disqus

Latest stories

Google senior VP breaks skydiving record
Washington, Oct 25 (IANS) Google senior vice president Alan Eustace parachuted from a balloon near the top of the stratosphere and broke the world skydiving record set two years ago, The New York Times reported.
 
 
Ukraine not answering queries on MH17
Kiev, Oct 25 (IANS/TASS) The Ukraine has not replied to a single query on Malaysia Airlines flight MH17 that crashed in the country's east after apparently being shot down, Russia's Permanent Representative at the UN Vitaly Churkin has said.
 
 
Ocean circulation: a major factor in climate change
Washington, Oct 25 (IANS) It isn't just the atmosphere, but the circulation of the oceans plays an equally important role in regulating the Earth's climate, new research shows.
 
 
Bangladeshi leader, 63 activists arrested
Dhaka, Oct 25 (IANS) A Bangladesh National Party (BNP) leader and 63 activists were arrested here Saturday for allegedly planning violent activities.
 
 
 

Latest from the Network

Second MERS case reported in Qatar
Doha, Oct 23 (IANS) A 43-year-old man in Qatar has tested positive for Middle East Respiratory Syndrome (MERS) in the second confirmed case of the deadly virus in 10 days, media reported Thursday. The patient had...
Read more on Business Balla
 
Two people die in Pakistan bomb blast
Islamabad, Oct 23 (IANS) At least two people were killed and 12 others injured in an explosion that took place in Pakistan's Balochistan province Thursday, media reported. The bomb was planted on a motorcycle, Dawn...
Read more on Politics Balla
 
Trott extends contract with Warwickshire till 2017
London, Oct 23 (IANS) England batsman Jonathan Trott, whose mental issues led to his abrupt departure from last winter's Ashes tour, has confirmed his successful comeback to competitive cricket by signing a new three-...
Read more on Sport Balla
 
Srikanth, Kashyap big movers in BWF rankings
Kuala Lumpur, Oct 23 (IANS) Indian men shuttlers Kidambi Srikanth and Parupalli Kashyap jumped seven places each in the latest Badminton World Federation (BWF) rankings released Thursday while Olympic bronze medallist...
Read more on Sport Balla
 
Alvin Stardust dead
London, Oct 23 (IANS) English singer Alvin Stardust died after a short illness. He was 72. Stardust's manager confirmed the news about his demise Thursday, reports mirror.co.uk. He was recently diagnosed with...
Read more on Celebrity Balla
 
Indian man reunited with family after 40 years
Dubai, Oct 23 (IANS) An Indian man, who had disappeared from his hometown in Kerala nearly 40 years ago, has been found by his family at a hospital in Dubai in the UAE, a newspaper report said. Now in his 60s, Abdulla...
Read more on Politics Balla
 
Srikanth, Kashyap, Saina rise in world rankings
Kala Lumpur, Oct 23 (IANS) Indian men shuttlers Kidambi Srikanth and Parupalli Kashyap jumped seven places each in the latest released Badminton World Federation (BWF) rankings Thursday while Olympic bronze medallist...
Read more on Sport Balla
 
Flintoff signs for Big Bash side Brisbane Heat
Brisbane, Oct 23 (IANS) Former England captain and all-rounder Andrew Flintoff, who retired from international cricket in 2009, Wednesday confirmed that he will play for Brisbane Heat in the Big Bash League (BBL) this...
Read more on Sport Balla
 
OPEC daily basket price falls again
Vienna, Oct 23 (IANS/WAM) The basket of 12 crude oils of the Organization of Petroleum Exporting Countries (OPEC) closed at $81.94 a barrel Wednesday compared to $82.09 Tuesday, the OPEC Secretariat said. The new OPEC...
Read more on Business Balla
 
Lopez to sign multi-million dollar deal?
Los Angeles, Oct 23 (IANS) Singer-actress Jennifer Lopez is reportedly in the final stages of securing a multi-million dollar deal to perform in Las Vegas. The 45-year-old is being offered $350,000 per show at The...
Read more on Celebrity Balla