India-China 2020 Border conflict

[Knowitall]

15 Asian nations sign China-backed RCEP trade pact

The Regional Comprehensive Economic Partnership (RCEP) -- which includes 10 Southeast Asian economies along with China, Japan, South Korea, New Zealand and Australia -- is the world's largest trade pact in terms of GDP, analysts say.

m.economictimes.com

So what many feared has finally happened.

The deal includes 2.1 billion people, with RCEP's members accounting for around 30 per cent of global GDP.

Japan south korea australia vietnam all are a part of it. I cannot stress this enough but this will give china massage influence over these countries.

We will also see policy changes from all these countries as they will go more soft on china.

Conversely this will help china reduce their dependence of western products too.

People should not underestimate this deal. It has as we will see in the coming months and years result in huge geopolitical changes in the future.

 

[NAMICA]

15 Asian nations sign China-backed RCEP trade pact

The Regional Comprehensive Economic Partnership (RCEP) -- which includes 10 Southeast Asian economies along with China, Japan, South Korea, New Zealand and Australia -- is the world's largest trade pact in terms of GDP, analysts say.

m.economictimes.com

So what many feared has finally happened.

The deal includes 2.1 billion people, with RCEP's members accounting for around 30 per cent of global GDP.

Japan south korea australia vietnam all are a part of it. I cannot stress this enough but this will give china massage influence over these countries.

We will also see policy changes from all these countries as they will go more soft on china.

Conversely this will help china reduce their dependence of western products too.

People should not underestimate this deal. It has as we will see in the coming months and years result in huge geopolitical changes in the future.

Glad we didn't joined this.

 

[Knowitall]

Glad we didn't joined this.

This was simply not good for us.

Our industries are highly uncompetitive and depend on govt protection and tarrifs to save their ass.

The only thing they can do is sit in India and shit on indian consumes.

They wouldn't last a day out their in a competitive market.

Also the sectors where we are strong (IT) we didn't get sufficient leeway there so the deal was pretty useless for us.

We should for now restrict ourselves to improving our manufacturing capabilities and efficiency first.

 

[Knowitall]

China already has FTA with all those nations, without countries like India or USA, RCEP is pretty much useless...thank god we are not part of it and have FTA with the concerned countries directly.

USA was never supposed to be a part of this anyways. It was built as a counter to cptpp.

The japanese really wanted India to join the trade deal to counterbalance china but the lack of a proper manufacturing base and less service sectors prevented our entry.

RCEP would boost commerce across the group by lowering tariffs, standardizing customs rules and procedures, and widening market access especially among countries that don’t have existing trade deals.

It is primarily beneficial for goods trade because it will progressively reduce tariffs on many products. In addition, the deal will allow businesses to sell the same goods within the bloc but do away with the need to fill out separate paperwork for each export destination

 

[Deathstar]

USA was never supposed to be a part of this anyways. It was built as a counter to cptpp.

The japanese really wanted India to join the trade deal to counterbalance china but the lack of a proper manufacturing base and less service sectors prevented our entry.

RCEP would boost commerce across the group by lowering tariffs, standardizing customs rules and procedures, and widening market access especially among countries that don’t have existing trade deals.

It is primarily beneficial for goods trade because it will progressively reduce tariffs on many products. In addition, the deal will allow businesses to sell the same goods within the bloc but do away with the need to fill out separate paperwork for each export destination

Not really , RCEP wasn't beneficial to us at all. These nations didn't include services in the deal which our biggest assets, so why should we allow them our market. Also it was detrimental to our dairy sector

 

[FalconSlayers]

But what about Akhand Bharat?

It is not expansionism, Reclamation is a more appropriate word for Akhand Bharat.
Flag of Akhand Bharat designed by me by the way...

...

Magar jaan toh issi pe qurbaan hai...

 

[FalconZero]

USA was never supposed to be a part of this anyways. It was built as a counter to cptpp.

The japanese really wanted India to join the trade deal to counterbalance china but the lack of a proper manufacturing base and less service sectors prevented our entry.

RCEP would boost commerce across the group by lowering tariffs, standardizing customs rules and procedures, and widening market access especially among countries that don’t have existing trade deals.

It is primarily beneficial for goods trade because it will progressively reduce tariffs on many products. In addition, the deal will allow businesses to sell the same goods within the bloc but do away with the need to fill out separate paperwork for each export destination

Read again I said "like India or USA", countries which can import or net import from other countries, also, RCEP would have f**ked hard our local industries so good thing that we didn't involve ourselves with that. You are right about Japanese part. We should go for FTA with other countries and keep ourselves away from RCEP.

 

[another_armchair]

Glad we did not capitulate under RCEP.

If being hyphenated with the likes of Bangladesh and Pakistan wasn't bad enough, as a signatory of RCEP, we would have to take sermons from Cambodia, Laos etc going into the future.

India has its own place under the sun and given its size, it needs a gigantic umbrella for itself.

Maldives was written off. There was massive rona-dhona. Where do things stand now?

Nepal?

To say that we don't have any leverage over our neighbors is a hasty judgement. Sri Lanka can run on its long leash only for so far till it gets yanked back to its rightful place.

Work is on to give a serious jolt to Sri Lanka followed by Singapore. Wait and watch.

 

[Knowitall]

Read again I said "like India or USA", countries which can import or net import from other countries, also, RCEP would have f**ked hard our local industries so good thing that we didn't involve ourselves with that. You are right about Japanese part. We should go for FTA with other countries and keep ourselves away from RCEP.

I already mentioned the lack of service sector.

While it was bad for us it will really be very beneficial to china.

 

[Knowitall]

Anyways this should be a wake call for the govt to kick start Indian manufacturing had we actually had a reliable domestic industry which was not surviving on govt bailouts or had a efficient supply chain things could have been different.

We could have helped japan counterbalance the Chinese influence in rcep.

Anyways mark my works this is the start of the end act east policy.

For a long time ASEAN countries had been moving towards china in part due to their dependence in part due to the lack of will to face china.

Rcep is what I consider one of the last nails in the coffin for these countries they shall in the future be nothing more than chinese vassals.

I can understand them too from their perspective it's not worth it to face china when you can just profit and live peacefully these are small countries and they have to think accordingly.

 

[FalconSlayers]

Anyways this should be a wake call for the govt to kick start Indian manufacturing had we actually had a reliable domestic industry which was not surviving on govt bailouts or had a efficient supply chain things could have been different.

We could have helped japan counterbalance the Chinese influence in rcep.

Anyways mark my works this is the start of the end act east policy.

For a long time ASEAN countries had been moving towards china in part due to their dependence in part due to the lack of will to face china.

Rcep is what I consider one of the last nails in the coffin for these countries they shall in the future be nothing more than chinese vassals.

I can understand them too from their perspective it's not worth it to face china when you can just profit and live peacefully these are small countries and they have to think accordingly.

India needs immediate mass industrialisation and needs to implement it fast b4 its too late.

 

[another_armchair]

Russia will never side with China against a partner like India. Russians doesn't really trust China, it's more a temporary relationship of convenience against the west. India-Russia relationship is more long-term, while India's relationship with US/Quad is more temporary and mostly because of China. After all, the US was supplying F-16s and AMRAAMs to Pakistan earlier, and put sanctions on India after the nuclear tests.

China has Russia by its bollocks. Russian economy is in a chokehold despite its vast petroleum resources and that is the truth.
China is bankrolling Russia's campaign in the Middle East.
Don't be surprised if they offer to sell/lease Su-35's or Su-57 to Pakistan.

Russia will do what is in their interest. If selling weapons to Pakistan brings them $$$, they will gladly do that. INR to Russian ruble was INR 2.16 to RUB 1 circa 2013. It is INR .96 to RUB 1 as of today. A lot has shifted in the past 6-7 years. Now compare the RUB to the USD.

If my understanding of Demoncrats is right, they could push Russia further into China's arms. The world changed 15 years ago, many haven't woken up to the reality yet. Unless US imposes crippling economic sanctions on China, little can be done but China still has some ammo to survive economic armaggeddon.

The next four years are crucial for us to choose between freedom or Chinese subservience. We have voiced our intentions clear. The series of events and decisions post Galwan are testimony to it.

China is hurting but then the commitment to RCEP by ASEAN only complicates the puzzle. Let's wait and see how it eventually shapes up.

 

[another_armchair]

Even if quad is supporting india, it will be hell of a difficult task for Russia to do anything that will harm india. If they do anything stupid then kiss a goodbye to india forever.

Russia has made its stand crystal clear that it is with China and that's a subtle or direct message to Quad.

Russia played China's pimp and led India on when China was amassing troops in Tibet.

Russia abandoned Armenia. Nothing more needs to be said on the subject.

 

[Suhaldev]

15 Asian nations sign China-backed RCEP trade pact

The Regional Comprehensive Economic Partnership (RCEP) -- which includes 10 Southeast Asian economies along with China, Japan, South Korea, New Zealand and Australia -- is the world's largest trade pact in terms of GDP, analysts say.

m.economictimes.com

So what many feared has finally happened.

The deal includes 2.1 billion people, with RCEP's members accounting for around 30 per cent of global GDP.

Japan south korea australia vietnam all are a part of it. I cannot stress this enough but this will give china massage influence over these countries.

We will also see policy changes from all these countries as they will go more soft on china.

Conversely this will help china reduce their dependence of western products too.

People should not underestimate this deal. It has as we will see in the coming months and years result in huge geopolitical changes in the future.

Is our strategic autonomy was visionary? as every nation is putting their own interest forward and rcep is confirming that.

 

[mokoman]

Haryana first: State Assembly passes bill on 75% job quota in private sector for local people

The Haryana State Employment of Local Candidates Bill, 2020 provides the quota for local people in private sector jobs that offer a salary of less than Rs 50,000 a month. Only 10 per cent of the recruitment by a company needs to be from the district in which it is located - the rest of the quota...

m.economictimes.com

Ye to karle pehle.

75% quota in private sector supreme court has decided to sleep.

I can understand 10% but damn .

Frankly , expected this style of chutiya from communists only.

Read news that other states will follow suit.

India supa powa 2020.

 

[Shashank Nayak]

China already has FTA with all those nations, without countries like India or USA, RCEP is pretty much useless...thank god we are not part of it and have FTA with the concerned countries directly.

As Michel Pettis said. All these nations are surplus nations.. they need a deficit nation like India or US to make Ch**iya of.. and such pacts between surplus nations are not very stable.. as they will be competing to offload their surpluses on each other..

 

[shade]

Haryana first: State Assembly passes bill on 75% job quota in private sector for local people

The Haryana State Employment of Local Candidates Bill, 2020 provides the quota for local people in private sector jobs that offer a salary of less than Rs 50,000 a month. Only 10 per cent of the recruitment by a company needs to be from the district in which it is located - the rest of the quota...

m.economictimes.com

Ye to karle pehle.

75% quota in private sector supreme court has decided to sleep.

Loopholes must be there and domicile certificates can be "procured" for imported labour, atlough this law makes you dependent on every corrupt cop, babu and politician there is, making things overly complicated and based heavily on bribes.
Aside from large companies you can forget about more manufacturing investments in Haryana.

Hope Jagan of AP sees sense and doesn't do this in his state, even if he does it should be toothless, else Sri City is gone.

 

[Maharaj samudragupt]

Russia has made its stand crystal clear that it is with China and that's a subtle or direct message to Quad.

Russia played China's pimp and led India on when China was amassing troops in Tibet.

Russia abandoned Armenia. Nothing more needs to be said on the subject.

I absolutely agree , ruskal moskals are not trust worthy .
Not that they ever were .
It's not traditional , indira gandy was helped by kgb .
The over reliance on russian weapons is a extreme cause of concern .
If we wanted to buy god damn ak type rifle, could have got from Bulgaria .
Whats so bad about ak versions made in india ?
They don't have good opinions for us either .
They are christian. Nazis who hate heathens for that matter .
Think so highly of them selves as if they have forgotten their aukat , that thy are not ussr .
It's good we are going away from ruchuk dalals .
Their export to india is falling .
The ofb insas of 7.62 mm was good .
Only issue with ofb is quality control plus deranged babus and some sold army officers , who have kept down India's defence industry .By sleeping with Natasha's , leots and joans .
And of course easy visa and seat for their litters in foreign university .
How to cure this malaise is a concern .
Drdo among all involved is most blameless .
So because of ofb workmanship , babu of defence ministry and some army officers like of chuckla or panag ,these Slavic monkies call us incapable .
We have fucking 41 ofb factories .
You do realize the magnitude of weapons they can make , if worked properly .

 

[Shashank Nayak]

15 Asian nations sign China-backed RCEP trade pact

The Regional Comprehensive Economic Partnership (RCEP) -- which includes 10 Southeast Asian economies along with China, Japan, South Korea, New Zealand and Australia -- is the world's largest trade pact in terms of GDP, analysts say.

m.economictimes.com

So what many feared has finally happened.

The deal includes 2.1 billion people, with RCEP's members accounting for around 30 per cent of global GDP.

Japan south korea australia vietnam all are a part of it. I cannot stress this enough but this will give china massage influence over these countries.

We will also see policy changes from all these countries as they will go more soft on china.

Conversely this will help china reduce their dependence of western products too.

People should not underestimate this deal. It has as we will see in the coming months and years result in huge geopolitical changes in the future.

India staying out of it is so much better than us hollowing out what remains of our manufacturing sector.. let them kiss each other's backsides.. Our geographic location is good enough that we will stay out of it and still prosper..

 

[Knowitall]

India staying out of it is so much better than us hollowing out what remains of our manufacturing sector.. let them kiss each other's backsides.. Our geographic location is good enough that we will stay out of it and still prosper..

I for one never advocated for us joining RCEP rather I was discussing the points and the capabilities India would require to play a major hand in rcep.

In our current condition I too understand the need to stay away from rcep.