External Affairs Minister External Affairs Minister Dr. S. Jaishankar has said that the economic challenges presented by our relationship with China are really very serious, very formidable. He added that the responsibility of trade imbalance with China is not just of the government, it is an equal responsibility of businesses.
———————————————————————————————
Join our channel to get access to perks. Click ‘JOIN’ or follow the link below:
https://www.youtube.com/channel/UCuyRsHZILrU7ZDIAbGASHdA/join
———————————————————————————————
Connect with ThePrint
» Subscribe to ThePrint: https://theprint.in/subscribe/
» Subscribe to our YouTube Channel: https://bit.ly/3nCMpht
» Like us on Facebook: https://www.facebook.com/theprintindia
» Tweet us on Twitter: https://twitter.com/theprintindia
» Follow us on Instagram: https://www.instagram.com/theprintindia
» Find us on LinkedIn : https://www.linkedin.com/company/theprint
» Subscribe to ThePrint on Telegram: https://t.me/ThePrintIndia
» Find us on Spotify: https://spoti.fi/2NMVlnB
» Find us on Apple Podcasts: https://apple.co/3pEOta8
source
Dr. Jaishankar is an awesome man but nowadays you'd see him with "conspiracy" theories that the West wants this and the West wants that!
It's like how Pakistanis blame Jews with the Yahudi sazish.
A hero makes his own path and not sound like a victim.
We are no less hypocrites, we talk on American crimes but don't sanction them for that cuz, we know we are just a tiny economy.
I mean we surpassed the UK economy and people were enjoying that. A country/union with less than 10 million people, is behind India a country with 1.4 billion people in terms of the GDP (nominal), how stupid does that sound ?
The entire population of the UK is less than that of Maharashtra, now compare the two ?
Not bashing anyone but critical awakening is necessary.
No reason for China to buy anything from India if they do not need it.
The China trade imbalance has plagued the world for decades. The greedy American Inc is substantially responsible for this world economic disorder.
Globalisation which empowered the importer-trader thanks to financial systems being awash with liquidity has almost decimated industry and led to a decimation of skills. So, the first imperative is to destroy the powerful trader cartels who merely import and relabel and sell. They are China's biggest leverage on our economy, their seeking of profits over enablement of people through local manufacture is the root of the cancer. Their profits are ploughed into the real estate sector or repatriated abroad. Real estate is cartelized as well, as it is a sink for many of the imports from China. So, we not only have a rising gap between rich and poor, but we also have certain communities with outsize influence in business and politics. That is the leverage China has sought from Day 001. That is also the leverage we should seek to subjugate, to ensure the Chinese aren't the only ones with leverage over our economic system.
Does the govt has responsibility for anything or for everything public is responsible. Also why eam is holding forth on everything nowadays. Shudnt the fm or commerce minister comment on this.
Had 🇮🇳 not be so willing to be used by the Anglos 🇬🇧 🇺🇸 🇦🇺 as a cat's paw to confront 🇨🇳, China would be helping India to build modern infrastructure. Now the Anglo Saxons are engineering regime change and color revolution to topple India via Soros destruction of Adani and BBC fomenting communal conflict between Hindus and Muslims in 🇮🇳.
Congratulations
Then whose ?