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India, China should boost military exchanges: Chinese defence minister
A file picture from November 9, 2018, of Chinese State Councilor and Defense Minister General Wei Fenghe at the State Department in Washington.
BEIJING: India and China should boost military exchanges and improve mutual trust and properly manage and control any "disparities", Chinese State Councillor and Defence Minister Gen Wei Fenghe has said.
Defence Secretary Sanjay Mitra, who headed the Indian delegation at the ninth India-China Annual Defence and Security Dialogue here on November 13, called on Wei on Thursday.
At the dialogue, held over a year after the 73-day Doklam military standoff in the Sikkim sector, top defence officials of India and China agreed on the importance of maintaining peace in the border areas while implementing the consensus reached between Prime Minister Narendra Modi and President Xi Jinping at the Wuhan summit in April.
While meeting with Mitra, Wei said China and India see far more common interests than divergencies between each other, stressing that the two countries should boost military exchanges, improve mutual trust in the security field and properly manage and control any "disparities", state-run Xinhua news agency reported on Thursday.
Mitra said India's relationship with China is one of its most important bilateral relationships, the report said.
He hoped they will further develop relations between the two countries and two militaries.
At the dialogue, both sides agreed on enhancing defence exchanges and interactions at different levels between the two militaries, an Indian Embassy press release said here on Thursday.
The dialogue was held between the defence delegations headed by Mitra and Lt General Shao Yuanming, Deputy Chief of Joint Staff Department of the Central Military Commission.
At the talks, Mitra was accompanied by senior officials of the ministry of defence and the Indian Army, Navy and Air Force.
The defence dialogue was held ahead of the 21st round of border talks between the Special Representatives of the two countries in the Chinese city of Dujiangyan on November 23-24.
National Security Advisor Ajit Doval and Chinese State Councillor and Foreign Minister Wang Yi are the designated Special Representatives for the border talks.
 

Why so serious?

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China signals it will continue to block India from NSG
Saibal Dasgupta | TNN | Updated: Jan 31, 2019, 10:04 IST
TNN
China has not changed its position on India's NSG membership bid (File photo)

BEIJING: China signalled on Wednesday that it would continue to block India’s entry into the

Nuclear Suppliers Group
despite the special rapport struck between Prime Minister

Narendra Modi
and Chinese President Xi Jinping during the past three meetings starting with the Wuhan talks in April last year.


Chinese foreign ministry spokesman Geng Shuang said there should be no double standards in the application of the Nuclear Non-proliferation Treaty. China feels that countries like India, which have not signed the Treaty on the Non-Proliferation of Nuclear Weapons (NPT), should not be admitted to the NSG.


India is not a signatory to the NPT but believes that it has the right to enter the NSG on the basis of its clean nonproliferation record.


“We believe we should conduct wide consultations and look for practical measures by opposing double standards in enforcing the treaty,” Geng said without directly mentioning India. The statement comes at the start of a meeting in Beijing of the five permanent members of the

United Nations Security Council
to discuss issues related to nuclear disarmament.


“We believe we should enhance its authority and effectiveness, universality and do a better job in preventing

nuclear proliferation
,” Geng said. “We believe that the international community should stick to multilateralism and promote the three pillars, namely non-proliferation, disarmament and peaceful uses of nuclear energy,” he said.


Some observers believe that China would try to keep India out of the NSG as long as its close ally, Pakistan, is regarded as unsuitable for NSG membership.


The NSG is a group of nuclear supplier countries that seeks to contribute to non-proliferation of nuclear weapons through the implementation of guidelines for nuclear and nuclear-related exports.
 

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China signals it will continue to block India from NSG
Saibal Dasgupta | TNN | Updated: Jan 31, 2019, 10:04 IST
TNN
China has not changed its position on India's NSG membership bid (File photo)

BEIJING: China signalled on Wednesday that it would continue to block India’s entry into the

Nuclear Suppliers Group
despite the special rapport struck between Prime Minister

Narendra Modi
and Chinese President Xi Jinping during the past three meetings starting with the Wuhan talks in April last year.


Chinese foreign ministry spokesman Geng Shuang said there should be no double standards in the application of the Nuclear Non-proliferation Treaty. China feels that countries like India, which have not signed the Treaty on the Non-Proliferation of Nuclear Weapons (NPT), should not be admitted to the NSG.


India is not a signatory to the NPT but believes that it has the right to enter the NSG on the basis of its clean nonproliferation record.


“We believe we should conduct wide consultations and look for practical measures by opposing double standards in enforcing the treaty,” Geng said without directly mentioning India. The statement comes at the start of a meeting in Beijing of the five permanent members of the

United Nations Security Council
to discuss issues related to nuclear disarmament.


“We believe we should enhance its authority and effectiveness, universality and do a better job in preventing

nuclear proliferation
,” Geng said. “We believe that the international community should stick to multilateralism and promote the three pillars, namely non-proliferation, disarmament and peaceful uses of nuclear energy,” he said.


Some observers believe that China would try to keep India out of the NSG as long as its close ally, Pakistan, is regarded as unsuitable for NSG membership.


The NSG is a group of nuclear supplier countries that seeks to contribute to non-proliferation of nuclear weapons through the implementation of guidelines for nuclear and nuclear-related exports.
That's no big news they are known for this they are not fools like our nehrujiiii was.
 

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Post Indian Boycott, Chinese Map At Belt And Road Initiative Summit Shows Arunachal, All Of J&K As Part Of India

China, in a departure from its past practice has shown Jammu & Kashmir and Arunachal Pradesh as parts of India in one of its maps detailing the routes of its ambitious Belt and Road Initiative (BRI), reports Economic Times.

Untitled-1 copy.jpg


This incident happened in the second edition of the BRI summit which is currently underway in Beijing. The map incidentally also shows India as part of BRI. India has boycotted this event.

The move has led rise to a lot of speculations and claims of China’s duplicitous behaviour as it had recently destroyed thousands of maps which showed Arunachal Pradesh as part of India.

Experts on Sino-Indo relations suspect this to be a Chinese attempt to placate India, which has been vehemently opposed to the BRI as it passes through Pakistan occupied Kashmir, which is a serious violation of India’s sovereignty.

https://swarajyamag.com/insta/post-...it-shows-arunachal-all-of-jk-as-part-of-india
 

Compersion

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The above map surely is not a system that conforms to logistical efficiency.

It's not like Pakis (for the time being) are in between Bharat and Afganistan (and Central Asia).

Who is the map being made for really (efficient for whom) it surely is not for PRC the dynamics and routes alone are not robust and efficient?
 

Compersion

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It's ironic that the moot notion that by blocking NSG for Bharat the PRC is claiming and having its independent policy and sovereignty of its might. To demonstrate its leadership in the region and world and also to maintain hegemony.

When it is far from that. Blocking serves the purpose of the PRC being showed to be under the control and demonstration of others. Their vote is being used to demonstrate the lack of the above on PRC and it is being managed with intent. Creating a near permanent wedge between Bharat and Chinese. Since Bharat has tackled the others before PRC is well measured.

NSG waiver was voted in the affirmative by PRC in 2008. There are a pre-condition(s) and system in place for other countries to follow Bharat example (which would be rarest of rare). The Pakis do not have the 2008 waiver which the PRC voted for. Why PRC voted in 2008 - self-interest? Where is its Self-Interest suddenly?

It's not like PRC has not thrown Pakis to be lynced and used Pakis like condoms. PRC has choosen its self-interest over Pakis over and over again. Why the sudden fear of the Pakis for PRC?

It is pre-established that when it comes to PRC and its relations with Pakis ultimately the PRC will look after its self-interest. Be that 1971 all the way to UNSC Resolution 1172 to even Kargil and Xinjiang and recently to dispute with USA on trade where the Pakis were not asked to be mediators (in spite of Pakis playing a major role in 1970s of opening up PRC). What is the fear of Pakis within PRC?

Are the Pakis asking for recompense and its deserving dues? Opening up PRC economically - to taking positions and stands that favor PRC ultimately (including but not limited to Bharat to even the crack-down on Muslims to even Afganistan and Sri Lanka and the Philippines and more.) Has the Pakis threatened PRC? Has what happened in Sri Lanka an open threat not only to Christians and west by Pakis but also to PRC. A good observation of what will happen inside Pakis areas and also Sri Lanka areas to signal what PRC is fearing. Will PRC signal the return to "warmth" that comes from within and nearby on top of the “hide your strength and bide your time” and focus on the united nation's "consensus". Will it be something else with domination of Pakis and Sri Lanka discourse.

PRC has always known its path after 1970s and its approach was about:

瘦死的骆驼比马大 (The thin dead camel is bigger than the horse.)

* But Don't over-kill yourself also don't make it worse.

Is the PRC knowing the inevitable hence the speed in which to try and dominate and take over the political discourse within Pakis by way of North Korea style dictatorship approach? Do the Pakis want to be a North Korea - perhaps label it communist - socialist endeavor and appendage of PRC. It's rare to see a communist islamic area - but there is one example within PRC itself. Is what we are seeing a race against time for PRC to prevent a Paki confrontation. Pakis have spooked the PRC ... do they know that? But PRC won't also allow the Pakis even a minute of such realization. Fascinating times.

Are Pakis being used also to try and justify the successful nature of PRC alliance? Such parameters are alone foundationally weak.

PRC alone through its trade and economic policies is internally perhaps discussing that it is under the control and demonstration of others already. Hence all this belt road and routes to try and throw off its shackles. In history, there have been instances where PRC has closed its borders to the outside world.

Either dismantle the NSG, NPT, UN and all other international bodies now if not adjust and adapt and evolve. Bharat in spite of the 1970s and others attempt to alienate has worked and done what it has. Still, no UNSC seat but doesn't mean it won't. But if PRC wants to dismantle everything make it known. US$ currency trade. It's such big thoughts?

Will PRC signal the return to "warmth" that comes from within and nearby on top of the “hide your strength and bide your time” and focus on the united nation's "consensus". It's fascinating to observe the Pakis and Sri Lanka discourse. And it is also fascinating to observe the role of the Bharat elections within the same and role of PRC and others. Its a sense of (continued) awakening not only for Bharat but for the region and world. The realignment to the wealth, wisdom and strength - the role and observation of the truth.

The founding of PRC was essentially for the integrity and safety of the Chinese nationalism to get them to group together but can the Chinese really say that has happened thereafter. The communisim formula was used by Mao but ultimately he wanted the chinese to stay together. The communisim formula was at the heart to remove external influence but what is happening now? influence and control from outside. The forumla is not restricted only to being communist. The safety and "warmth" that comes from within and nearby is extremely lacking. This would add on top of the deng xioa ping doctrine of “hide your strength and bide your time” and focus on the united nation's "consensus".

The NSG vote ought to be in the interest of Chinese to vote for Bharat. The PRC is getting way messed up - and what the Chinese people are seeing for its interests perhaps is not good for them but there is always time and sometimes you need small kicks up the backside and bloody noses. Sometimes close people and even family do that. Its what happens after that also that matters. Ultimately its about self-interest you want yourself to do well and that usually means others also doing equally well together.

Like a dessert finished off a good meal - the climax to such is the righteousness and righteous actions of Bharat and the role it will play in the future (has done and will do). Wealth, wisdom, strength flows into and from Bharat. Does PRC see that ... what is in the interest of the chinese people (and that region). Jai Hind.
 
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Compersion

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To strengthen also the nuclear proliferation and strength of the Treaty on the Non-Proliferation of Nuclear Weapons two important sub-groups come into play (that want to become and can be Recognized nuclear-weapon state):

1) Previous non-signatories (i.e. India, Israel, Pakistan, South Sudan)

2) Acceder which announced its withdrawal (I,e North Korea)

perhaps a subgroup 3) that is a hybrid of the above.

The PRC is using and spending a lot of capital on 1) and it is not only Pakis within. That is on the subject of ultimately controlling the manner and discourse of future Recognized nuclear-weapon state.

The standardization and customary adoption of accession to becoming a nuclear weapon state. Denial of Bharat is not the denial of only one. It is a denial of all others (forget Pakis ... who else would find it vulgar what PRC is doing). Denial of all makes everyone look at 2) (i.e. north korea) is that the better approach.

Bharat had first tested on 18 May 1974. What has been the promulgation of Bharat since 1968 (perhaps even earlier on its capability and capacity on the same). Is it North korea like?

On the other hand to say that the international community needs a framework and standard to be Recognized nuclear-weapon state needs to be specific, codified and of really high nature of acceptance before it is made for Bharat. That is to set a consensus of accession for all. Doing that it refers to the acceptance of Pakis (again who else would find it vulgar what PRC is doing). Make it known and easy for all. This approach is hybrid also.

Only One country? The standard and custom that Bharat is setting not only for and by its accession into becoming a Recognized nuclear-weapon state is being done with care and due regard to important dynamics of regional and international foundations. The precedent that Bharat is setting is of nature and character that is rare and rarest of the rare. Ultimately the NPT has shown it can be amended. States can withdraw and its period of validity can be extended (even for perpetuity), can a Recognized nuclear-weapon state be added later. Under what precedents. (i.e. Bharat) hence this sulk and observation that what Bharat is doing is exponentially a far more advanced and of higher variance to what others have done before (i.e. PRC).

But The more fascinating area is 2). That is North Korea. The unification of North Korea with South Korea is a subject of wonder. The last few nuke tests by North Korea...

This also reminds many of the statuses of Taiwan (within NPT, nuclear trade and even UN). This also reminds many of the ways PRC got its UNSC seat.

Again PRC can sulk and deny Bharat.

But ask itself why would this imperfection be created on PRC. Why PRC has such imperfect precedents set for the world. Why has PRC not been able to set the standards clearer for others before even by way of its own admission and status (changes and entry). Was it only its fault. Why make PRC such. Why not have done it properly. Is there a declaration that PRC is considered unworthy. Look at the others on the table with the same status.

Bharat since 1970s played it through its own ways setting the right precedent(s). The UNSC seat for Bharat will be done on grounds which will again make the precedent that Bharat is setting is of nature and character that is rare and rarest of the rare. The role of Bharat in making the region and world more secure and dynamic in the interest of righteous and with righteousness. Whatever happens, the precedents will be done properly. The affirmation and affirmative action of and by PRC will need to be judged whether it wants to strengthen its own position because ...

While PRC plays with 1) (i.e. India, Israel, Pakistan, South Sudan) what does Bharat do. Jai Hind.
 
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Why so serious?

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An India-China maneouvre could soon leave world's oil powers toothless
India and China have neared a deal to set up a buyers' bloc that may tilt bargaining power in importers' favour.
By ET Online | Updated: Apr 29, 2019, 04.53 PM IST
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    Reuters
    At the heart of one of India's long-running oil grouses lies a phenomenon known as 'Asian premium'.

    The old power structure of world oilmarkets could be on the verge of a great, potentially far-reaching shift, thanks to India and China.

    Reports have revealed that the two Asian powerhouses — world's second and third largest importers of oil — have neared a momentous deal to set up a buyers' bloc that could dramatically tilt bargaining power in favour of importers.

    A high-level representative from China's National Energy Administration had visited India last week to put the deal on fast track.
    The Mint newspaper said in a report that the upcoming buyers' bloc will bargain collectively on oil supplies. Over time, this joint sourcing mechanism could significantly erode OPEC's sway on all things oil.

    In the long run, the coming together of the two Asian giants is likely to bode well for other Asian oil importers too. The story says that the buyers' bloc might push OPEC to "reduce the premiums placed on oil sold to Asian countries".
    ADVERTISEMENT

    The Asian premium
    At the heart of one of India's long-running oil grouses lies a phenomenon known as the 'Asian premium'.

    Asian countries are mostly dependent on West Asian producers for their oil requirements. This dependence tilts the scales heavily in favour of the producers who force buyers to pay a premium.

    In contrast, the US and EU countries do not have to shell out this extra money when buying West Asia's oil. India has bargained long and hard against this charge, so far to no avail.

    The joint oil sourcing plan being put together by India and China will help in cutting better deals with oil producers, thereby ending this premium.

    Cutting OPEC to size
    The share of imports in India’s oil consumption has risen sharply in the last two decades. The country currently imports over 80 per cent of its oil needs, with the result that a rise in oil prices impacts inflation and growth noticeably.

    The share of imports in India's oil basket is slated to go up to 90 per cent, which means the risks for India from price fluctuations will also go up.

    For India, the first signs of oil trouble are already here. Following OPEC's production cut and recently tightened US sanctions against Iran and Venezuela, oil has hit $75 a barrel for the first time this year.

    The US had given a conditional waiver to eight nations to keep buying oil from Iran. The deadline for that waiver is set to end on May 2, following which the oil equation is set to get more complicated for Iran's top buyers like India and China.

    Analysts say the joining of hands by India and China on joint oil sourcing can fundamentally alter the inner workings of global energy markets — where OPEC with 40% share of total global production currently calls the shots.

    Power to the buyers
    India has been striving to reduce supply risks in the backdrop of rising geopolitical risks. It has engaged other producers to make sure that Iran's blacklisting doesn't leave a gaping hope in its oil basket. Experts say that while availability won't likely be a problem even after Iran's exit, a possible pricing play by producers in the post-Iran era could put India at a substantial disadvantage.

    The supplies after May 2 cannot be at the same rates as Iran's, the Mint story said quoting an official who didn't want to be named. With a buyers' bloc up and running, uncertainties like these will likely cease to matter to buyers like India.

    Efforts are also on to make Japan and South Korea, the world's fourth and fifth biggest oil importers, to join the bloc, which — if it happens — will turn the global oil equation on its head, leaving all big oil powers dancing to India and China's tunes.
 

Cutting Edge 2

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India PM to host China's Xi for informal summit

Indian Prime Minister Narendra Modi will host Chinese President Xi Jinping this year for an informal summit, an Indian foreign ministry spokesman said on today, after meeting several times over the past year to try to defuse tension.

The two held their first informal summit in Wuhan in April 2018 and at that meeting Xi had accepted Modi's invitation to come to India for a second meeting.

https://www.malaymail.com/news/worl...to-host-chinas-xi-for-informal-summit/1757456

 

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India, China do not pose threats to each other: Xi Jinping to PM Modi

inese President Xi Jinping told Prime Minister Narendra Modi on Thursday that India and China "do not pose threats" to each other as he expressed Beijing's willingness to join New Delhi in pushing forward a closer development partnership between the two sides.

President Xi made the remarks during his meeting with PM Modi on the sidelines of the Shanghai Cooperation Organisation (SCO) summit in the Kyrgyz capital of Bishkek. It was their first interaction after Narendra Modi's was re-election as India's prime minister following the stunning victory of the Bharatiya Janata Party (BJP) in the Lok Sabha elections last month.

In a statement, the Chinese Foreign Ministry in Beijing said that President Xi Jinping told Prime Minister Modi that India and China should deepen cooperation by properly handling differences and called for strengthening Confidence Building Measures to maintain stability at the border.

"China is ready to work with India to continuously advance the closer development partnership between the two countries," Xi Jinping said.

Xi Jinping urged the two sides to stick to the fundamental judgement that "China and India offer each other chances for development, and do not pose each other threats," state-run Xinhua news agency reported, citing the statement.

Xi Jinping called on the two countries to keep deepening mutual trust, focusing on cooperation, and properly handling their disputes so as to turn the bilateral relationship into a positive element for their respective development.

Xi Jinping pointed out that China and India are the only two emerging markets with a population of one billion in the world, both of which are at an important stage of rapid development.

Working together, China and India will not only boost each other's development, but also contribute to peace, stability and prosperity of Asia and the world at large, he said.

Xi Jinping said both the countries should deepen mutual trust, focus on cooperation and properly handle differences, so as to make China-India relations a more positive asset and energy for the development of the two countries, the statement said.

On the vexed boundary issue, Xi Jinping said, "We need to make good use of the meeting of the Special Representatives on the boundary issue and other mechanisms, strengthen Confidence-Building Measures (CBMs) and maintain stability at the border areas".

National Security Advisor Ajit Doval and Chinese Foreign Minister Wang Yi are the designated Special Representatives of the boundary dispute.

So far, the two countries have held 21 rounds of talks to resolve differences over the 3488-km long Line Actual Control (LAC).

"We need to expand cooperation channels, carry out cooperation in investment, production capacity and tourism, expand common interests, and jointly promote regional connectivity, including the development of the Bangladesh-China-India-Myanmar Economic Corridor (BCIM) so as to achieve better cooperation and common development," Xi Jinping said.

The mention of BCIM, which is part of China's multibillion dollar Belt and Road Initiative is regarded significant as it has not yet taken off unlike the China-Pakistan Economic Corridor (CPEC) and other corridors of the initiative.
 

Compersion

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China rules out India's entry into NSG without specific plan ..

Read more at:
http://timesofindia.indiatimes.com/...ofinterest&utm_medium=text&utm_campaign=cppst

Answering a spate of questions whether any change of China's ..
Lu Kang told a media briefing that the group will not discus the entry of countries who have not signed the NPT



Don't under what the spokesperson is saying does he want everyone to talk about Taiwan entry into the NSG?

Sometimes it is better to be quick and fast and define the status of Bharat inside NSG and differentiate it with Pakis before it is too late.
 

Hydra3

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Interesting, these chinese really a threat to tge environment, to the ecosystem and world

 

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Behind new shield for Indian firms from China, a worrying trend and Ajit Doval
National security planners believe that firewalls to protect businesses are needed as India and China have many outstanding disputes and legacy issues


The government’s decision to insist on regulatory oversight of Chinese foreign direct investment (FDI) is an attempt to ring-fence India’s capital hungry startup and tech trailblazers being swallowed up by cash rich investors from the dragon country, many of which may enjoy tacit state support.

Over the weekend (April 18), the department of promotion of industry and internal trade (DPIIT) tweaked rules, making FDI by any entity of a country, which shares land border with India” subject to government approval.

The move may impact investments from countries such as Nepal, Bangladesh, Pakistan, Sri Lanka, Myanmar, and Bhutan and more importantly China.

Not surprisingly, Beijing is the only country to have responded to the Indian decision, describing it discriminatory. Ji Rong, the spokesperson for the Chinese embassy asked India to “revise discriminatory practices” and “treat investments from different countries equally”.


Until now, a non-resident entity or a foreign investor could invest in India, subject to FDI rules, except in sectors/activities which are prohibited. However, countries such as Bangladesh and Pakistan could invest only after government approvals and only in select sectors.

But the Covid-19 crisis has dramatically transformed the business landscape across the world, with many Indian startups and tech companies seeing their valuations slump.

This raised concerns about companies selling off stake at a discount as they scramble to stay afloat in an uncertain economic environment.


The influence of Chinese investment in India’s startups have been growing. The statistics are telling.

According to a recent study by Gateway House: Indian Council on Global Relations, a foreign policy think-tank, 18 of the 30 Indian unicorns (companies valued at more than $1 billion) have a Chinese investor.

“This means that China is embedded in Indian society, the economy, and the technology ecosystem that influences it,” the report said. “Unlike a port or a railway line, these are invisible assets in small sizes – rarely over $100 million – and made by the private sector, which doesn’t cause immediate alarm”.

contd...................
 

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Behind new shield for Indian firms from China, a worrying trend and Ajit Doval
National security planners believe that firewalls to protect businesses are needed as India and China have many outstanding disputes and legacy issue
s


Gateway House has identified over 75 companies, with Chinese investors concentrated in e-commerce, fintech, media/social media, aggregation services and logistics. A majority – more than half – of India’s 30 Indian unicorns (start-ups with valuation of over $1 billion) have a Chinese investor.
These include storied names such as PayTM, Oyo, BigBasket, Ola, PolicyBazaar and Delhivery among others.
National Security Advisor Ajit Doval has been flagging concerns over Chinese dominance in India’s booming tech space over the last few years, particularly pointing out worrying possibilities of Beijing’s state-funded apparatus controlling startups here through opaque corporate structures.
Top government sources told Hindustan Times that the national security planners believed that firewalls were needed as India and China had many outstanding disputes and legacy issues.
These primarily related to the unresolved 3,488 kilometre-long boundary dispute apart from Beijing using Islamabad as a proxy to hit at New Delhi on all fronts including keeping Jammu and Kashmir on a permanent boil.
Until the spread of Covid-19, Raisina Hill was not warm to the idea of government oversight on Chinese FDI, with a strand of thought dominating that such a move could affect FDI inflows into India. Besides, it was felt that it could unsettle the fragile equilibrium in India-China bilateral relations, sources pointed out.

The institutional knowledge of economic affairs, commerce and industry as well as ministry of external affairs relegated such a policy proposal change to the back burner.
The Covid-19 outbreak provided an opportunity to Modi 2.0 to operationalize the FDI changes, with the proposal now enjoying bi-partisan support within India’s security and policy brainstrust.
The Cabinet chaired by Prime Minister Modi cleared the policy on April 17 with total support from Home Minister Amit Shah. Finance Minister Nirmala Sitharaman, External Affairs Minister S Jaishankar and Commerce and Industry Minister Piyush Goyal.
That this was an idea whose time had come hit home on February 1, when the government realised that there was hardly any Indian company that was manufacturing either personal protective equipment, ventilators or masks that the whole world is shopping for in the fight against the Covid-19 pandemic.
Concessions to Chinese imports had also virtually pushed manufacturing out of the country including production of the much-needed critical active pharmaceutical ingredients (APIs).
There have also been concerns within the government that its signature “Make in India” initiative, first launched in 2014 to turn India into a manufacturing powerhouse, was being severely impacted by the allowances that had been extended to China.
China is India’s largest bilateral merchandise trading partner, but the balance of trade is heavily tilted in favour of Beijing.
Total India-China bilateral trade stood at USD 95.7 billion in 2019, with a deficit of USD 58 billion in favour of Beijing.
The total Chinese FDI investment as per industry is USD 6.2 billion in India.
The latest move is part of a series of steps that the government has taken since the start of this week after Housing Development Finance Corp. Ltd (HDFC) said that People’s Bank of China (PBOC) had raised its stake in the home lender from 0.8% to 1.01% in the March quarter through open market purchases.
This led many to voice concerns that India’s systemically-important companies could be vulnerable to creeping take over from foreign investors, aided by dropping valuations.
 

Bhadra

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This is a significant turn in Sino Indian relations which will try and balance the issue of unfavourable import of many items from China that has crippled many domestic industries such as Cement, Steel, aluminium and consumer goods such as Tiles etc.

It is more significant in curbing Chinese investment in Capital rich but techno savvy based ventures like e marketing, Capital markets, banking and Finance,

This policy may have significant impact on near futuristic 5G industry which is likely to be very big and significant.

It will give fillip to domestic manufacturing specially in that sector and those goods in which India is heavily dependent on China such as API in Pharma industry.

May give further impetus to FDI from countries other than China.
 

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India, China face off along Sikkim border



Published May 10, 2020 | By admin SOURCE: HT Scores of Indian and Chinese soldiers were involved in a tense face-off along the India-China boundary in north Sikkim on Saturday, two senior officials said on the condition of anonymity. The aggressive confrontation between the troops from the two sides happened near the Naku La sector (ahead of Muguthang), a pass at a height of more than 5,000 metres, said the first officer cited above. Several soldiers were injured in the border stand-off as they exchanged blows. “Four Indian soldiers and seven Chinese troops suffered injuries during the confrontation that involved around 150 soldiers,” said the second officer cited above. He said the face-off was resolved at the local level. Two officials Hindustan Times spoke to in the Army Headquarters denied knowledge of the face-off. The Naku La area was traditionally not prone to face-offs, a former top commander said. This is not the first time Indian and Chinese soldiers have exchanged blows along the border. In August 2017, Indian and Chinese soldiers threw stones at each other and also exchanged blows near Pangong Lake in Ladakh, close to the de facto border between the two countries. The clash near the Line of Actual Control (LAC) aggravated bilateral tensions as it happened at a time when the two neighbours were locked in a long stand-off in the disputed Doklam plateau close to Sikkim. The 73-day Doklam stand-off between India and China along the Sikkim border was likely to be the new normal, the Centre for Joint Warfare Studies (CENJOWS) said in 2017, making a strong case for building military capabilities. The stand-off ended with the withdrawal of troops by both armies.

(looks like situation is tensed)
 

Mikesingh

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Modi govt’s subtle message to China — 2 BJP MPs ‘attend’ Taiwan president’s swearing-in

MPs Meenakshi Lekhi and Rahul Kaswan also sent congratulatory messages to Taiwan President Tsai Ing-wen, a staunch opponent of China’s attempts to ‘reunify’ the country.

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New Delhi: Two BJP MPs — Meenakshi Lekhi and Rahul Kaswan — virtually attended the swearing-in ceremony of Taiwan President Tsai Ing-wen and even sent her congratulatory messages, in a departure from the Modi government’s position on the country that China claims is its territory.

Tsai was sworn in for her second term on Wednesday and Lekhi and Kaswan were among the 92 dignitaries from 41 countries who had a virtual presence at the ceremony as foreign visitors continue to be banned in Taiwan given the Covid-19 pandemic.

Back in 2016, when Tsai was elected to her first term, after initial consideration, the Modi government had decided against sending its MPs to Taiwan for the inaugural ceremony.


This time around, the BJP MPs were also joined by Sohang Sen, the acting director general of India-Taipei Association, who represented India at the ceremony in Taipei. India does not have an official diplomatic establishment in Taiwan, much like 179 of the 194 United Nations members.

While they did not single out the Indian MPs, Chinese authorities slammed the congratulatory messages that foreign dignitaries sent to Tsai.


India does not have an official diplomatic establishment in Taiwan, much like 179 of the 194 United Nations members. It's time that Modi takes another step forward by establishing a permanent diplomatic presence in Taiwan. China needs to be beaten with the same stick that China is wielding against India by engaging in a diplomatic offensive by mollycoddling Nepal, Sri Lanka and Pak which is against India's national interests,
as well as needling us along the LAC.
 

Lancer

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Modi govt’s subtle message to China — 2 BJP MPs ‘attend’ Taiwan president’s swearing-in

MPs Meenakshi Lekhi and Rahul Kaswan also sent congratulatory messages to Taiwan President Tsai Ing-wen, a staunch opponent of China’s attempts to ‘reunify’ the country.

View attachment 48494

New Delhi: Two BJP MPs — Meenakshi Lekhi and Rahul Kaswan — virtually attended the swearing-in ceremony of Taiwan President Tsai Ing-wen and even sent her congratulatory messages, in a departure from the Modi government’s position on the country that China claims is its territory.

Tsai was sworn in for her second term on Wednesday and Lekhi and Kaswan were among the 92 dignitaries from 41 countries who had a virtual presence at the ceremony as foreign visitors continue to be banned in Taiwan given the Covid-19 pandemic.

Back in 2016, when Tsai was elected to her first term, after initial consideration, the Modi government had decided against sending its MPs to Taiwan for the inaugural ceremony.


This time around, the BJP MPs were also joined by Sohang Sen, the acting director general of India-Taipei Association, who represented India at the ceremony in Taipei. India does not have an official diplomatic establishment in Taiwan, much like 179 of the 194 United Nations members.

While they did not single out the Indian MPs, Chinese authorities slammed the congratulatory messages that foreign dignitaries sent to Tsai.


India does not have an official diplomatic establishment in Taiwan, much like 179 of the 194 United Nations members. It's time that Modi takes another step forward by establishing a permanent diplomatic presence in Taiwan. China needs to be beaten with the same stick that China is wielding against India by engaging in a diplomatic offensive by mollycoddling Nepal, Sri Lanka and Pak which is against India's national interests,
as well as needling us along the LAC.
This is really nothing, compared to Chinese provocation. Should've at least sent a minister.
 

Varun2002

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TimesNow takes up the stranded sailors issue.

 

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