India has much to do to woo Chinese firms: China Daily editorial
4 months, 3 weeks ago

India has much to do to woo Chinese firms: China Daily editorial

China Daily  

Although the latest call from some Indian finance and industry officials to ease governmental restrictions on Chinese investment in India is a welcome sign, those Indian policymakers still hesitant to adopt that suggestion, citing an overreliance on China, need to know that even if New Delhi reopens its door to Chinese companies, India might not be able to recover the appeal it had for the latter before 2020. That the China-India trade volume has stayed largely steady at round $110 billion to $130 billion with Chinese exports to India rising continuously over the past four years, despite New Delhi's "de-risking" efforts, proves China's indispensability to India as a source of mechanical and electrical goods, chemical products and base metals and products, which are of strategic importance to India's manufacturing and export industries. Not to mention the Chinese companies have found better investment destinations with much better business environment than India over the past four years from where they can more easily access their markets. It is the cold shoulders India has met from Western companies and the proved failure of the Modi government to fill the gap left by Chinese companies and investors in industry, technology, investment and exports fields, and the job market that have prompted some to urge the government to reconsider the possibility of reopening India's door to Chinese businesses.

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History of this topic

India will benefit from cooperation not by turning away from its neighbor: China Daily editorial
1 week ago

India will benefit from cooperation not by turning away from its neighbor: China Daily editorial

China Daily  

In his meeting with President Xi Jinping on the sidelines of the BRICS Summit held in Kazan, Russia, on Oct 23, Indian Prime Minister Narendra Modi noted that maintaining the steady growth of India-China relations was critical for the two countries and peoples. Against a complex international landscape, cooperation between India and China, two engines of economic growth, could help …

India should not shy away from Chinese investment: Arvind Panagariya explains why
1 week, 4 days ago

India should not shy away from Chinese investment: Arvind Panagariya explains why

Live Mint  

India should remain open to investments from China like other developed countries like the United States and Germany, with an expectation from a handful of sectors, reported the news agency PTI on Thursday, December 12. The activities from which you want to exclude are relatively few because I don't see other countries restricting Chinese investment in large number of sectors,” …

China+1 plan: India’s limited gain
2 weeks, 4 days ago

China+1 plan: India’s limited gain

New Indian Express  

NEW DELHI: Government think tank Niti Aayog has admitted that ‘India has seen limited success so far in capturing the China Plus One strategy. It attributes factors like cheaper labour, simplified tax laws, lower tariffs and pro-activeness in signing free trade agreements have played a key role in helping these countries expand their share of exports. The US has raised …

India has seen limited success so far in capturing China Plus One strategy: NITI Aayog Report
2 weeks, 5 days ago

India has seen limited success so far in capturing China Plus One strategy: NITI Aayog Report

Live Mint  

New Delhi, December 4 : India has had limited success in capitalizing on the opportunities presented by the China Plus One strategy, according to a report by NITI Aayog. While the global trade landscape in 2024 has been significantly influenced by geopolitical developments, the NITI Aayog report noted that India has faced challenges in emerging as a preferred alternative to …

Under Trump, India can find a way to become manufacturing powerhouse: Fareed Zakaria
1 month ago

Under Trump, India can find a way to become manufacturing powerhouse: Fareed Zakaria

India Today  

Veteran journalist and geopolitical expert Fareed Zakaria offered a comprehensive analysis of Donald Trump’s second term as US President, highlighting its global implications, particularly for India. US policy toward India for the last 25 years has been remarkably consistent and upward moving, and so I think what you're likely to see with India is the continuation of that upward moving …

China trying to improve ties with India to ease off US pressure from Trump: Business leader
1 month ago

China trying to improve ties with India to ease off US pressure from Trump: Business leader

Live Mint  

Washington, Nov 20 China is trying to improve ties with India in an attempt to ease pressure from the incoming Trump administration, the head of a top India-centric US business advocacy and strategic group said on Tuesday. Mukesh Aghi, president of the US-India Strategic and Partnership Forum, said: "So, we are seeing an early impact of the Trump administration coming …

Will US-India thrive under Trump amid 'China factor'? Fareed Zakaria explains
1 month ago

Will US-India thrive under Trump amid 'China factor'? Fareed Zakaria explains

India Today  

Veteran journalist and geopolitical expert Fareed Zakaria on Monday expressed optimism about the trajectory of US-India relations under Donald Trump's regime and believed it to be a "golden opportunity" for India to end China's monopoly in manufacturing. Speaking to India Today TV's News Director Rahul Kanwal, Zakaria highlighted Trump's admiration for Prime Minister Narendra Modi and predicted continued strengthening of …

India needs to leverage Trump’s China antipathy
1 month, 1 week ago

India needs to leverage Trump’s China antipathy

Hindustan Times  

The electoral victory of Donald Trump, and his comeback as the United States President, has led to speculation as to the contours of his administration’s policies with respect to the Indo-Pacific region. FILE PHOTO: U.S. President Donald Trump attends a bilateral meeting with China's President Xi Jinping during the G20 leaders summit in Osaka, Japan, June 29, 2019. REUTERS/Kevin Lamarque/File …

China’s perception about India’s power aspirations
1 month, 2 weeks ago

China’s perception about India’s power aspirations

New Indian Express  

The flavour of the new festive season is obviously Sino-Indian rapprochement and for good measure. It’s actually suffice just to leave this with the broad understanding that the two areas thus far untouched by the engagement between the Corps Commander level talks—Demchok and Depsang—have been addressed to facilitate disengagement and subsequently allow patrols to revisit the areas to which they …

India-China Border Deal: A Long-Overdue Resolution
2 months ago

India-China Border Deal: A Long-Overdue Resolution

News 18  

Prime Minister Narendra Modi and Chinese Premier Xi Jinping will hold first bilateral talks in five years on Wednesday on the sidelines of the 16th BRICS Summit in Russia. Both countries reached an agreement to resume border patrolling operations along LAC following the disengagement process along the disputed areas.

Weighing in on business as usual with China
3 months ago

Weighing in on business as usual with China

The Hindu  

Recent media pieces have speculated on whether India’s fraught relations with China are headed towards a relative thaw and suggestions are being put forward for a more liberal attitude towards foreign direct investment from that country. The economic commentary Despite this national security situation, the Economic Survey 2024 has favoured India plugging itself into China’s supply chains through Chinese investments …

From rival to reluctant partner: India’s evolving stance on Chinese investment
3 months, 1 week ago

From rival to reluctant partner: India’s evolving stance on Chinese investment

The Hindu  

India's push to become a factory titan has hit a snag: to become a credible alternative to China for global firms, it first needs to warm up to its long-time rival. "There is a realisation that you cannot be part of any major supply chains, especially in high technology products and certain areas like solar cells, EVs, where it is …

India has to change its policy if it wants to attract more Chinese investment: China Daily editorial
3 months, 1 week ago

India has to change its policy if it wants to attract more Chinese investment: China Daily editorial

China Daily  

There have been positive signs of improving China-India economic relations recently, as evidenced by Indian officials talking about easing restrictions on Chinese investment, and New Delhi making moves to expedite visa approvals for Chinese technicians. The seeming softening of attitude by New Delhi toward Chinese investment may have been made out of expediency, as declining foreign investment is likely to …

Hurdles in India’s efforts to drive world diplomacy
3 months, 2 weeks ago

Hurdles in India’s efforts to drive world diplomacy

Hindustan Times  

Russian president Vladimir Putin has made an important statement. This is the same Moscow that in 1971 had welcomed Indira Gandhi, the then PM of India, when she went seeking Russia’s help after being humiliated by US president Richard Nixon. From the time Modi rose to power in 2014, he has made extensive efforts to define India’s role in the …

India’s China challenge: The stakes are higher than ever before
3 months, 2 weeks ago

India’s China challenge: The stakes are higher than ever before

Firstpost  

There is hardly any clarity on what China wants — whether Beijing aims to amicably settle the boundary issues and make further progress in trade and cultural ties or if it seeks to encroach on India’s territory On April 10, 2024, amidst the high-pitched and polarising campaign for the upcoming national elections in India, Prime Minister Narendra Modi gave a …

Is India ready to welcome Chinese capital again?
4 months, 2 weeks ago

Is India ready to welcome Chinese capital again?

New Indian Express  

The Economic Survey for 2023-24 sprang a surprise by making a strong pitch for Chinese investments in India, indicating a turn from the government’s anti-China stance of the past four years during which relations hit a new low. Though the Survey’s views are attributed to the chief economic advisor, the finance minister subsequently lent support, signalling a clear policy shift. …

India-China Relations: Will Pragmatism Prevail Under Modi 3.0?
4 months, 3 weeks ago

India-China Relations: Will Pragmatism Prevail Under Modi 3.0?

ABP News  

Indian Prime Minister Narendra Modi has returned for a third straight term after his election victory in June. It was during Modi’s first two terms that India experienced its worst border incidents with China in decades—the Doklam standoff in 2017 and the deadly clash in the Galwan Valley in 2020. These two events, coupled with China’s increasing influence in South …

Chinese FDI seen as vital for Indians
4 months, 3 weeks ago

Chinese FDI seen as vital for Indians

China Daily  

By APARAJIT CHAKRABORTY in New Delhi and XU WEIWEI in Hong Kong | China Daily | Updated: 2024-08-01 09:42 The renewed inflow of Chinese foreign direct investment will be very positive for India, said experts after senior officials expressed recently that they welcomed fresh Chinese investments, given China's key role in the global supply chains and the benefits such investments …

India 'not rethinking' on issue of allowing Chinese investment as suggested by Economic survey: Piyush Goyal
4 months, 3 weeks ago

India 'not rethinking' on issue of allowing Chinese investment as suggested by Economic survey: Piyush Goyal

India TV News  

New Delhii: Commerce and Industry Minister Piyush Goyal said on Tuesday that there is no rethinking in the government to support foreign direct investments from China, as was pitched by the Economic Survey recently. India faces two choices to benefit from the 'China plus one strategy' -- it can integrate into China's supply chain or promote FDI from China. China …

Why is India not willing to encourage Chinese investment? Know here
4 months, 3 weeks ago

Why is India not willing to encourage Chinese investment? Know here

India TV News  

Union Minister Piyush Goyal on Tuesday said that there India is not rethinking to support foreign direct investments from China as was projected by the Economic Survey tabled in the Lok Sabha before the presentation of Union Budget 2024-25. India faces two choices to benefit from the 'China plus one strategy' -- it can integrate into China's supply chain or …

Economic Survey on China: ‘Can India fill manufacturing gaps left by Beijing?’
5 months ago

Economic Survey on China: ‘Can India fill manufacturing gaps left by Beijing?’

Hindustan Times  

The Economic Survey stated that considering the dominance of China in global supply chains, it may not be the most “prudent approach” for India to think that it can fill the spaces left vacant by Beijing in manufacturing. It said, “The Chinese domination over the global supply chains across product categories is a key global concern, especially in the wake …

Easing of visa restrictions good for improvement of China-India ties: China Daily editorial
5 months ago

Easing of visa restrictions good for improvement of China-India ties: China Daily editorial

China Daily  

In a move that could help ease strained China-India economic and trade relations, New Delhi is reportedly planning to speed up the process of issuing visas for Chinese engineers and technicians in a bid to make up for the delays at manufacturing units that have already cost the country billions of dollars. The situation, if it remains unchanged, will certainly …

India shuns China's calls to resume passenger flights after 4 years, officials say
6 months ago

India shuns China's calls to resume passenger flights after 4 years, officials say

The Hindu  

China is pressing India to restart direct passenger flights after a four-year halt, but New Delhi is resisting as a border dispute continues to weigh on ties between the world's two most populous countries, officials said. Direct flights would benefit both economies, but the stakes are higher for China, where a recovery in overseas travel after the COVID-19 pandemic is …

India will not be a willing pawn of US: China Daily editorial
6 months, 1 week ago

India will not be a willing pawn of US: China Daily editorial

China Daily  

India's Bharatiya Janata Party leader, Narendra Modi gestures to the gathering as he arrives to take the oath of office for his third term as prime minister during the oath-taking ceremony at presidential palace Rashtrapati Bhavan in New Delhi on June 9, 2024. Given it is the US administration's consistent policy to push India to act as a "counterbalance" to …

India lost the manufacturing race to China. Here's why it could still succeed
6 months, 2 weeks ago

India lost the manufacturing race to China. Here's why it could still succeed

NPR  

India lost the manufacturing race to China. The Ticking Clock For Indian Economic Development While India’s economy has fallen dramatically behind China’s in recent decades, it’s been looking better recently. “Today, when India enters, it's not competing with Western countries, it is competing with Bangladesh, Vietnam, and still China,” Rajan says. To achieve this vision, Rajan believes India needs to …

Why is China provoking India over Arunachal Pradesh?
9 months ago

Why is China provoking India over Arunachal Pradesh?

Hindustan Times  

New Delhi: Chinese reiteration of its unfounded cartographical claims over Arunachal Pradesh in the wake of Prime Minister Narendra Modi’s visit to the border state this month is part of Beijing’s plan to keep scent marking its territorial claims as also deliberately provoking India. While the Modi government has verbally retaliated to Chinese uncalled-for statements on Arunachal Pradesh, the fundamental …

India can’t achieve China’s past 8-10% growth, Morgan Stanley says
9 months ago

India can’t achieve China’s past 8-10% growth, Morgan Stanley says

Hindustan Times  

India is not likely to achieve 8%-10% economic growth rates that China had over the long term, Morgan Stanley’s chief Asia economist said. Chetan Ahya told Bloomberg that India’s economy will likely grow steadily at 6.5%-7% over the long term but it is not going to replace China as a global manufacturing hub. A screen displays the trading information for …

How India's economy under PM Modi offers 'real alternative' to China?
9 months, 3 weeks ago

How India's economy under PM Modi offers 'real alternative' to China?

India TV News  

New Delhi: While China is reeling under an economic slump bogged down by a property crisis, high youth unemployment and massive local government debt, India's stock market is hitting record highs as the value of companies surpassed $4 trillion in 2023, with strong FDI inflow and investments expected in the future, leading many experts to believe that New Delhi offers …

Wall Street snubs China for India in a historic markets shift
10 months, 2 weeks ago

Wall Street snubs China for India in a historic markets shift

Live Mint  

A momentous shift is under way in global markets as investors pull billions of dollars from China’s sputtering economy, two decades after betting on the country as the world’s biggest growth story. “People are interested in India for several reasons — one is simply it’s not China,” said Vikas Pershad, Asian equities portfolio manager at M&G Investments in Singapore. “There’s …

Why India Isn’t the New China
11 months ago

Why India Isn’t the New China

Live Mint  

China’s economy is struggling, but another Asian giant, neighboring India, is suddenly squarely on investors’ and manufacturers’ radar. India’s age-dependency ratio—a measure of the burden of child and elderly care on households—has fallen to 47 in 2022 from 82 in 1967, according to the World Bank. Only a third of India’s female working-age population was in the labor force in …

China: A great case study for Indian investors
11 months, 1 week ago

China: A great case study for Indian investors

Live Mint  

On 11 December, 2001 China entered the World Trade Organisation. While a study of China could occupy a whole library, we limit our attention to just one aspect of its post-WTO history–how did all this play out in the Chinese stock markets. Every analyst gives that as one key reason why Indian stock markets are going to do extremely well …

Dragon diplomacy: Has China undermined the India-Bhutan relationship?
1 year, 1 month ago

Dragon diplomacy: Has China undermined the India-Bhutan relationship?

Firstpost  

It is up to Bhutan to maintain the traditionally close relationship with India for its own sake When the King of Bhutan state visits India for eight long days, family and official entourage in tow, you can surmise something is amiss in the traditionally warm relationship. The status quo has been threatened by 25 rounds of border talks between China …

DC Edit | Will festivals, elections lead to India's dream growth run?
1 year, 3 months ago

DC Edit | Will festivals, elections lead to India's dream growth run?

Deccan Chronicle  

Once in every generation – which is roughly 30 or 40 years – the world finds itself on the cusp of a major change – spreading across domains of technology, geopolitics, as well as economics. In the last eight months, foreign investors pumped in $16.5 billion in the Indian stock markets – the largest such investment in Asian equities. In …

Why India’s response to the China challenge in Ladakh is so lopsided
1 year, 3 months ago

Why India’s response to the China challenge in Ladakh is so lopsided

The Hindu  

If New Delhi seems to be floundering without a clear policy, it is because it lacks a history of hard-nosed China policy formulation. Sawhney’s argument that political expediency seems to have prevented New Delhi from giving the proverbial “fitting response” to PLA’s incursions—ironically the opposite of India’s response to its allegations against Pakistan in the case of Pulwama 2019—references the …

BRICS: India Assumes Centre Stage, China Loses Influence - News18
1 year, 4 months ago

BRICS: India Assumes Centre Stage, China Loses Influence - News18

News 18  

It is ironic that China should now be playing second-fiddle to India in both the Shanghai Cooperation Organisation and BRICS. So much so, that while India’s Prime Minister Narendra Modi pointed out that it will soon be a $5 trillion economy open to do business with the Global South and others, Chinese President Xi Jinping did not make a speech, …

Why China Is So Desperate To Put India In Its Place - News18
1 year, 4 months ago

Why China Is So Desperate To Put India In Its Place - News18

News 18  

For decades, China regarded India as a geopolitical upstart, to be taught the occasional military and diplomatic lesson to keep it in its proper place. Indo-Asian News Service reported on August 7, 2008: “India’s ruling Congress and the Communist Party of China on Thursday signed a pact to put in place a mechanism that would help regular high-level exchanges between …

Apple Is Ready To Ditch China For India. But, Is India Ready?
1 year, 4 months ago

Apple Is Ready To Ditch China For India. But, Is India Ready?

ABP News  

New Delhi: After years of lobbying and struggling in the Indian market, it seems America’s mobile handset maker Apple has finally decided to shift 20 percent of iPhone manufacturing to India even as it moves out of China. Last month Prime Minister Modi addressed French CEOs where he presented, as is expected of any leader of a country, the progress …

’India is arguably at the start of a long wave boom,’ says Morgan Stanley
1 year, 4 months ago

’India is arguably at the start of a long wave boom,’ says Morgan Stanley

Live Mint  

Global brokerage Morgan Stanley has upgraded India to overweight rating. The brokerage in its report said that India has advanced from sixth to first place in its process, with relative valuations less severe than in October, and as foreign direct investment and portfolio flows are being supported by multipolar world trends, India is adding a reform and macro-stability agenda that …

India should be pragmatic about huge Chinese investments
1 year, 4 months ago

India should be pragmatic about huge Chinese investments

Live Mint  

Officially, India would love to do business with China. BYD’s proposal ran afoul of a 2020 amendment to India’s foreign direct investment policy that made government approval mandatory for any investment originating from a country with which India shares a land border. India’s trade with China declined – albeit marginally – in the first half of 2023 after more than …

Why China has permanent adversarial attitude towards India
1 year, 4 months ago

Why China has permanent adversarial attitude towards India

Hindustan Times  

The standard refrain of Chinese leadership to Indian leadership raising the border issue is that boundary differences should be put in a “proper place” and that the two countries should work together towards normalization of the bilateral relations in other areas. Sure enough, the PLA had a stand-off with Indian Army in the Depsang Bulge area, south of Daulet Beg …

Focus on China dominated Biden-Modi meeting in Oval office, reveals official
1 year, 4 months ago

Focus on China dominated Biden-Modi meeting in Oval office, reveals official

Live Mint  

Prime Minister Narendra Modi and President Joe Biden during their meeting at the Oval Office last month spent a “plurality” of their time having discussions on China and its leader Xi Jinping, according to a senior administration official familiar with the discussion. As reported by PTI citing a senior administration official on conditions of anonymity, “In the Oval Office meeting …

‘Chinese investments returning to India with greater opacity’
1 year, 5 months ago

‘Chinese investments returning to India with greater opacity’

The Hindu  

July 05, 2023 11:48 pm | Updated July 06, 2023 12:06 am IST Three years after India put in place sweeping curbs on inflows of Chinese investments, including bans on apps such as TikTok, official data shows investments from China are slowly returning through new avenues and routes. While the curbs on investments from China, put in place in April …

Will this be the Chinese economy’s ‘lost decade’? - The Hindu
1 year, 5 months ago

Will this be the Chinese economy’s ‘lost decade’? - The Hindu

The Hindu  

The annual business confidence survey released recently by the European Chamber for Business in China showed a sharp deterioration in sentiment. An Associated Press story quoted the chamber’s president as saying business confidence in China is “pretty much the lowest we have on record,” and that there was no expectation that the regulatory environment is really going to improve over …

OPINION | WHY CHINA IS WORRIED ABOUT MODI’S USA TRIP?
1 year, 6 months ago

OPINION | WHY CHINA IS WORRIED ABOUT MODI’S USA TRIP?

India TV News  

Hours before the formal welcome ceremony for Prime Minister Narendra Modi on White House lawns, the White House said today that the official state visit of the Indian PM will “strengthen the shared commitment to a prosperous and secure Indo-Pacific region and affirm deep and close partnership between the two largest democracies of the world”. CONGRESS REACTION ON MODI’S US …

India is making its mark in the world
1 year, 6 months ago

India is making its mark in the world

Hindustan Times  

India is in a rare moment of equilibrium. India’s economy is no longer at the receiving end of the global order but is in the fray of the world’s most powerful future economies, with an unmatched growth rate. The International Monetary Fund says India and China will account for 50% of the total world gross domestic product growth in 2023, …

India-US Trade Camaraderie Stronger Than Before Amid Persistent Chinese Deficit Pinch
1 year, 8 months ago

India-US Trade Camaraderie Stronger Than Before Amid Persistent Chinese Deficit Pinch

News 18  

The United States has emerged as India’s top trade partner for the second consecutive year, tying up China to the second rank. Strategic and foreign trade experts see the trade numbers as a small but significant move towards decreasing India’s reliance on Chinese imports; a move they feel was urgently required given New Delhi’s overdependence on Chinese imports, its persistent …

India failed to create positive impression among businesses moving away from China, says House panel report
1 year, 8 months ago

India failed to create positive impression among businesses moving away from China, says House panel report

The Hindu  

Despite resources, India has not been able to create a positive impression among businesses moving away from China, a parliamentary panel on commerce has said in its report tabled in the Rajya Sabha on Friday. The report stated that India has not been able to take advantage of the “China Plus One Strategy,” through which multinationals shifted manufacturing and production …

A resilient India, but growth pangs for China
1 year, 9 months ago

A resilient India, but growth pangs for China

The Hindu  

The Chinese government has disappointed observers with the projection of a growth target of around 5% in 2023, which is lower than that of last year and even lower than the expected GDP growth for India in 2023. Job creation and foreign investment Against such a backdrop, job security is one of the most important objectives of the sustainable growth …

OPINION: Chinese Economy Facing Structural Deceleration, India Enjoying Demographic Dividend
1 year, 9 months ago

OPINION: Chinese Economy Facing Structural Deceleration, India Enjoying Demographic Dividend

ABP News  

Against the backdrop of the recent reopening after three years of zero-Covid policies, the Chinese government, in the last government report of Prime Minister Li Keqiang before retiring, has underwhelmed observers with a growth target of around 5% in 2023, lower than that of last year and clearly lower than expected GDP growth for India in 2023. OPINION: India-Canada Ties …

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