Kwami Shud Like This..Not! But Ketchim Shud

http://blogs.rediff.com/mkbhadrakumar/

Quote:Modi blew it big time on China policies
According to Pakistani press, one highlight of the participation by PM Nawaz Sharif at the Belt and Road Forum in Beijing (May 14-15) will be the signing of a Memorandum of Understanding between the two countries opening the door to massive Chinese investment – to the tune of $50 billion – for the development of the North Indus River Cascade in Pakistan’s Gilgit-Baltistan region. This will be Chinese investment over and above the $46 billion China-Pakistan Economic Corridor.

A whopping 40000 MW of electricity can be produced in the region known as the North Indus River Cascade, which stretches from Skardu in Gilgit-Baltistan and runs through Khyber-Pakhtunkhwa as far as Tarbela. The stunning development catapults Pakistan as by far the number one recipient of Chinese investment in infrastructure development. The geopolitical significance is at once obvious.

Beijing, which went the extra league in the recent months to convince India that the latter’s concerns over sovereignty relating to the CPEC are unwarranted, has apparently given up and decided to simply ignore Delhi’s protestations and proceed with the CPEC projects in a big way in Gilgit-Baltistan. It is a political and diplomatic snub by China, conveying a frank message to the Modi government to “get lost”.

The Modi government is now left with an option to carry on regardless along the path of confrontation and rivalry with China, or, alternatively, to see the writing on the wall and get adjusted to the fait accompli with a sense of stoicism and sense of modesty. The latter course is not easy since the “core constituency” of the BJP will mutiny and the RSS will rap on the government’s knuckles. However, China seems to estimate that it is in India’s DNA that sooner rather than later, it will feel the intensity of regional (and global) isolation – especially now that all of India’s neighbours, including Nepal, have joined the OBOR – and make atonement.

Quote:Meanwhile, the announcement in Washington on Thursday that President Donald Trump has nominated his special assistant and the point person on Asia in the National Security Council Matt Pottinger to represent him at the weekend event in Beijing must come as shock to the Indian foreign-policy elites.  The US-China détente that is unfolding under Trump’s stewardship makes complete nonsense of Modi government’s China policies that are tied to the apron strings of the Obama administration’s pivot strategy in Asia. The US and China made a joint announcement on Thursday regarding the first tranche of policy decisions on trade issues envisaged under the so-called Initial Actions of the U.S.-China Economic Cooperation 100-Day Plan that was agreed upon by Trump and President Xi Jinping at their Mar-a-Lago meeting in Florida in April.

The White House feels delighted that the relationships Trump has built with President Xi Jinping and other Chinese leaders “are clearly paying dividends.” The announcement covers areas such as agricultural trade, financial services and energy to boost economic cooperation.  Amongst other things, China will receive imports of beef and LNG from the US, while the latter agrees to apply the same bank prudential supervisory and regulatory standards to Chinese banking institutions as to other foreign banking institutions.

The US Commerce Department announced on Thursday that Washington “recognizes the importance” of China-proposed Belt and Road Initiative and is therefore deputing a delegation to attend the forum in Beijing. It cannot be lost on the Trump administration that OBOR is shaping up as a new vector of globalization and the US will be the loser if it stays out of the new supply chain. Ning Jizhe, China’s vice-minister of the National Development and Reform Commission said in Beijing on Saturday, “Chinese outbound investment is forecast to total $600 billion to $800 billion over the next five years, a fairly large proportion of which will go into markets related to the Belt and Road Initiative.” This compares with the $60 billion China has so far invested in OBOR projects.

All in all, Modi government’s Ch

Quote:All in all, Modi government’s China policies are turning out to be very short-sighted and based on vanities and prejudices carried forward from another era that are hopelessly unsustainable today. It was possible to have rationally analysed that the Belt and Road Forum in Beijing will turn out to be a seminal event in global politics. But Modi decided to boycott it. The sad part is the sophistry in the Indian argument. The plain truth is that in the emerging scenario in J&K, India should be more than satisfied with a solution to the Kashmir problem without having to redraw territorial boundaries and which would somehow legitimise the Line of Control as the international border.

Indira Gandhi knew this home truth; Rajiv Gandhi knew it; Narasimha Rao knew it; AB Vajpayee most certainly knew it. But Modi somehow doesn’t get it. The Modi government dreams up that all of Greater Kashmir stretching up to Wakhan Corridor belongs to India. A foreign policy based on such poppycock does not serve the country’s interests. The Modi government lends money to Vietnam to buy patrol boats to stand up to China, while President Tran Dai Quang attends the OBOR event in Beijing and is feted by President Xi.The international community will only regard our leaders as a frivolous lot with a provincial mind. Read a candid essay, here, by Prem Shankar Jha on what OBOR could have been and should have been for India’s development agenda.

https://thewire.in/134775/modi-china-pol...hina-face/

Quote:For three years, Prime Minister Narendra Modi has been indulging in acts of bravado in foreign policy that he believes, or wants the people of India to believe, are acts of bravery. The most recent is his boycott of the One Belt One Road (OBOR) forum meeting in Beijing next week.

New Delhi’s official reason for not attending the meeting is that the China-Pakistan Economic Corridor (CPEC) passes through Gilgit, which has been illegally occupied by Pakistan since 1947. Attending the meeting would, therefore, risk conceding sovereignty over Pakistan Occupied Kashmir (POK) to Pakistan. But this is poppycock.

The CPEC passes through the same territory as the Karakoram highway that China built in the 1960s. India has been lodging formal protests over this for the past fifty years. But this has not prevented it from increasing its trade with China by more than 20 times, and cooperating with it on all kinds of strategic and environmental issues in various international fora.

Modi could have safeguarded India’s legal position on Gilgit by issuing a similar formal caveat. But by making the recognition of Gilgit’s disputed status by China a pre-condition, Modi has cut India’s nose off to spite China’s face.

For India, the gains from OBOR would not have accrued so much from the investments in roads, railways and ports that it envisages, but from the immense investments that China would have liked to make in India’s infrastructure. Indian strategic thinkers have been quick to conclude that China’s goal is to cut India off from the rest of Asia, and destroy its hegemony in South Asia. But this is a frog-in-the-well kind of perspective, for China has far more compelling reasons.

First, it is an industrial juggernaut that produces close to half of all the consumer goods traded in the world and therefore needs safe trade routes more than any other country. India does not lie on any global trade route so OBOR cannot go through India. But all India has to do to benefit from it is invest in links to it via Bangladesh and Myanmar, Sri Lanka, Nepal and, one day, Pakistan.

Second, China is willing to spend colossal sums on OBOR because it desperately wants alternatives to the sea lanes it relies on for its oil, and its trade with Europe and Africa. Half of its exports, and 90% of its oil passes through the Malacca straits and the South China Sea. With 400 US military installations spread in an arc around it and carrier fleets equipped with thousands of Tomahawk missiles cruising the South China Sea, its wish to insure against a blockade of the kind that the US imposed on oil supplies to Japan in 1940 is understandable.

But its most pressing concern is to find orders for its huge capital goods

Quote:But its most pressing concern is to find orders for its huge capital goods industry. While India’s industrial production is wasting away because of its acute shortage of up-to-date infrastructure, China is literally suffocating in excess capacity. China produces more than 800 million tonnes of steel a year, almost exactly half of the world’s output, and has run out of places in which to use it. The provincial governments have built all the airports, container ports and all-weather highway they could think of. Starting with a single line with 20 pairs of bullet trains in 2005, the Chinese have built 19,000 km of high speed train track and are running 2,300 pairs of bullet trains on them today. And residential and commercial space is so overbuilt that as far back as 2013 China had 55 million square metres of unoccupied apartments.

The world market too is saturated and in a recession. Beijing’s attempt to dump some of its steel on it last year caused a crash in prices that forced US Steel to lay off 39,000 employees, and precipitated a crisis in Arcelor-Mittal. The global outcry that followed forced it to promise to close down 150 million tonnes of steel making capacity by 2020. That is almost twice the entire steel-making capacity of India today.

Overcapacity is even greater in its heavy engineering industries – the industries that build the industries that manufacture its products. In the four years that ended in December 2015, China added more than 300,000 MW – more than India’s entire power generating capacity – to its coal power generating capacity. But it was able to bring only a fraction of it into use, and that too only by reducing the capacity utilisation in existing plants.

Today, the only orders these plants are getting are from enterprises that are modernising their existing production capacity.

OBOR is an extension of China’s original shift of investment to the western provinces, and is the only way left to keep the millions of workers in the heavy industries employed. But just the ‘belt’ and ‘road’ as conceived today will not suffice. For that China needs India to become a partner, for while the combined GDP (in hard currency) of the seven countries in which the bulk of OBOR investments are currently envisaged: Russia, Uzbekistan, Tajikistan Turkmenistan, Kazakhstan, Pakistan and Malaysia was $2.1 trillion in 2015, that of India alone was $2.256 trillion.

India’s joining OBOR could, therefore, make the difference between a quick, relatively painless recovery from its recession and a prolonged, painful one. Its keenness to have India join is reflected in two articles published in the Global Times on March 20 and May 7 this year.

In the first, the writer explicitly conceded the validity of India’s concerns over the sovereignty issue but asked New Delhi to distinguish between “normal commercial investment and ones that could violate India’s sovereignty”. In the second, written only last week, the writer said, “Beijing respects New Delhi’s sovereignty concerns” and pointed out that “China’s infrastructural initiative will not only bring economic benefits, but also fulfil India’s ambition to be an influential economic power in the region”.

The significance of these articles is that they were written after Modi replaced cooperation with confrontation in India’s relations with China. They indicate, therefore, that China still attaches greater importance to economic cooperation with India in OBOR than to its growing political differences with the Modi government. The benefits, especially in terms of ease of doing business and increase in employment that would flow to an investment starved India do not need to be spelt out. But these do not seem to matter to Modi.

Quote: The benefits, especially in terms of ease of doing business and increase in employment that would flow to an investment starved India do not need to be spelt out. But these do not seem to matter to Modi.

because the stupid old man's head has long been captured by Washington and Tel Aviv. 

Modi is a western wannabe so bad he cant see the truth of the total failure of the west if it smacked him in the face

the west cant help India and wont help India.  they are bleeding India not helping India. Modi is a trans-shipment conduit for Indian blood, out of India and into western reservoirs

  the future for India is in and with a progressive Asia and the developing world...not with the dying west

[quote author=mapoui link=topic=109662.msg736727#msg736727 date=1494818260]
Modi is a trans-shipment conduit for Indian blood,
out of India and into western reservoirs
[/quote]
Kwami seh the Indus river was given to Hindus with reservoirs & tributaries

same with the Holy Ganges...

any HEP or MWs belong to Hindia as does Kashmir and Dalits !

SCA seh Jai Hind~

[quote author=mapoui link=topic=109662.msg736725#msg736725 date=1494817844]
https://thewire.in/134775/modi-china-pol...hina-face/

New Delhi’s official reason for not attending the meeting is that the China-Pakistan Economic Corridor (CPEC) passes through Gilgit, which has been illegally occupied by Pakistan since 1947. Attending the meeting would, therefore, risk conceding sovereignty over Pakistan Occupied Kashmir (POK) to Pakistan.
But this is poppycock.
[/quote]
thought they dropped the "New" in New Delhi

when Bombay, Calcutta and Madras reverted back....

Modi has,the support of the Indian people

don't forget the trinis