Discussion in 'Economy & Infrastructure' started by CCP, Sep 13, 2014.
China to invest $100 billion in India over 5 years - The Times of India
Trade surplus reinvested. Very nice trade tactics.
Now , China and Japan will compete for India! Japan pledges $35 billion investment, China rebuts with $100 billion! Throw the arms race away, its time for INVESTMENT RACE !
Lets see how Japan reacts :thumb:
Either way "faida toh hamarai hai"
Use some of the the Chinese money towards Defense.
Buy top quality Defense stuff from Japan so Chinese face Japanese Tech on our border.
In other news, Pakistan's defense budget rises to 100$
The GOI should put one of the condition that only Indians will be employed on these projects and not the Chinese labour force as they have done in several other countries.
Agreed but think of it this way. Most of it is Infra and they will LEAVE after the Infra projects. While we will reap benefits of infra for a long time.( they get some profit in return)
So I think we should be pragmatic and should not "blanket ban" the chinese. But I do agree with the basic statement and sentiment of your post.
employing Chinese labors in Indian projects is not feasible as the cost of employments is going to be high. Indian govt has a fair expat policy, the foreigners need to have a pay-scale of at least $25000 or more. So all blue collar posts will filled up with the Indian labors.
This is a win win for us either way....
Some thing about the labour they will be using .... will not matter much whether its Chinese or Indian as they cannot have 100% of either....
To work in India they need to have Indian Engineers Managers and Labours.... It will provide Employement at both sides...
If a Chinese is working in India irrespective of what he/she earns will be spending a major chunk of money in India ,,,, Foood rent etc....So it just adds to economy....
They will not be bringing in Labours in large any way that will cost a lot travelling etc etc.... Yes they will have there men in here but that will be a small percentage ....
and some percentage of work force bac in China will also be there.....
They have taken there labour to the countries where getting labour is a issue like for example in Sri lanka where population is comparatively low and cost is more but here in India thats not the case.... so it will not be economical to import labour....
This bhai-bhai sounds like an abuse.
Now there is a pakistani youtube video which claims that Modi is going to get half a trillion dollar investment commitment from his american visit coming up.
Search for "Pakistani Media on Raising India & Modi !" on youtube
As expected there was no such news reported so far.
It seems Bakis are keeping track of modi more than us !!!:shocked:
I was talking about their practice in Guatemala mines. They laid off all the miners because they were union shop. There is no shortage of labour force. It is also taking place in some of the African countries where they have been awarded projects. I hope they do not implant any sensors to be monitored remotely. It can become a security issues as well in case of any conflict.
It is going to be a pure business investment. The Chinese are wise enough to accept the fact that Indian govt won't allow full freedom to Chinese operations. China will not take the risk of implanting sensors, Huawei and ZTE are out of US telecom equipment market, so they know the implications of such act. China can exploit the Indian market through economic instruments.
The state you are concerned with is genuine but you need to understand that here if they try and do something similar it will be suicidal for the project.......
They are coming to India in the hope of greater returns which will be only possible if they maintain a balance.... Yes they will be investing and they will get the returns for the same.....
We are not dependent on China ....They were looking for market to invest to multiply there wealth.... Its not gonna be one way....
The only thing we much keep a check on is how much on money leaves the nation after that investment....
China will try to reverse this in future. Growing Chinese investments in India will result in dependency in the long run irrespective of economic impetus to local economy. Chinese are buying into govt. decision making space worldwide through such kind of economic impetus. The autonomy must be checked and diversification is must. India must engage ASEAN and African nations in a big way to create a balance.
The next big thing to watch is the US. Be ready with an American Flag too.
The British also want to help invest in a $25 Billion program.
UK PM offers to help build Mumbai-Bangalore corridor - Hindustan Times
TATA wants to invest $35 Billion in India.
India's Tata earmarks $35 billion to ride the Modi express - Fortune
Reliance plans to invest $30 Billion in India.
Reliance to invest 1.8 lakh crore in next 3 years - The Hindu
Even Germany plans on investing in India.
We need flags for lots of countries and corporations.
Then all should be replaced with a single Lotus Flag!
Seems like Modi Effect - Showering investment. He is capitalizing the Indo-China Rivalry..
Commendable move by Indian corporate sector too. Hope my investments in Nifty will give greener dividends in future though they are green at present.
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