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Author Topic: Will India be able to take China's place in the world economy ?  (Read 3229 times)

Offline DrBeer

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Re: Will India be able to take China's place in the world economy ?
« Reply #45 on: June 14, 2024, 10:35:28 PM »

India is part of the BRICS.

although its becoming rich, it doesn't have the infrastructure. they needed those to lift the people from from poverty, so far they still have high unemployment rate but this is the same for most countries already since Covid.

If India couldn't export skills just like Chinese building trains and bridges in different countries, its going to be an uphill for India, But China could help them they arr part of BRICS anyway. but it may not be able to surpass what China is doing. the fact that it still have lot of problems internally.  China loans to countries already, that makes them the alternative for IMF.

This is the reason why India is opting for the western vector, and partnerships with highly developed countries. It gives investment, technology, and that is what India needs now. This is the way China, from a backward, agrarian third-world country, has made a "Chinese explosion" in 20 years of Western investment and technology supplies. Now the West will shift its attention to India, as China has ceased to adequately assess the situation.....

PS What is "Chinese investment" - I think you can easily find examples. Building bridges and "Chinese loans" is not investment and assistance, it is a plan of colonization of countries where "Chinese investment" came, read what they bring the countries of the region and Africa to with their "assistance" .....
The masses call it trap I mean the "Chinese investment" thing that majority described as a "trojan horse" of the modern day war of economies. That actually ruined I think majority of China's reputation and trust to it's neighbors and possible future partners as they are now exposed using debt traps to choke a country's neck. The transition of investments to India from China is very smooth and I don't think China will regain those trust in full ever again.

The best examples of "Chinese investment" and "friendship with China" would be:
1. The global problems of Sri Lanka's economy, which fell into the Chinese investment trap. I recommend reading this telling story. In brief, Sri Lanka now has huge debts to China, but does not own the investment properties that... now also belong to China.
2. Some of the African countries that chose to "fight the western world and the dollar" and now they are totally dependent on China, their local economies and industries have been destroyed, with China forcing them to only buy Chinese goods, not forbidding them to build industrial plants.
3. Russia is already a complete raw material appendage of China, which China now completely forces and rigidly forces Russia to sell its resources to it, only at the price that China sets.

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Re: Will India be able to take China's place in the world economy ?
« Reply #45 on: June 14, 2024, 10:35:28 PM »

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