India should emulate Beijing: Chidambaram

Discussion in 'Economy & Infrastructure' started by Oracle, Jan 7, 2012.

  1. Oracle

    Oracle New Member

    Joined:
    Mar 31, 2010
    Messages:
    8,120
    Likes Received:
    1,541
    Location:
    Bangalore, India
    NEW DELHI: Home minister P Chidambaram on Friday said there was no reason to envy China and New Delhi should rather try to "emulate" Beijing in carrying out development works. "We should not fear competition from China. There is no reason to envy China. If at all, we should try to emulate China," he said.

    More @ TOI
     
  2.  
  3. Tianshan

    Tianshan Regular Member

    Joined:
    Jun 2, 2011
    Messages:
    675
    Likes Received:
    249
    this is the exact opposite of what i hear on this forum.

    makes more sense though.
     
  4. Armand2REP

    Armand2REP CHINI EXPERT Veteran Member

    Joined:
    Dec 17, 2009
    Messages:
    10,397
    Likes Received:
    2,314
    Ah yes, India should emulate CCP who is awash in 63.8 trillion RMB of debt. It is exactly this addiction to construction that has gotten it into this debt trap. India doesn't have the closed financial system to cover and roll over such large debts so to even suggest India run a Ponzi scheme is shear folly.
     
  5. hit&run

    hit&run Elite Member Elite Member

    Joined:
    May 29, 2009
    Messages:
    5,495
    Likes Received:
    4,670
    Problem with Indian politicians is that they can give their expert^ opinion without any qualification. He is a Minister for Home affairs who has nothing to do with what he is talking but still giving a generic advise to some unknown Indians for unknown concerns and with a bad example of China.

    Also its a good old tactic to tell/blaming Indians that they are lagging behind, to hide own failures. This man is also not in his senses after being comprehensibly exposed by media for his misuse of powers and scams he has done in last 10 years.
     

Share This Page