How Chinese economy is collapsing under its own weight
2 months ago

How Chinese economy is collapsing under its own weight

Firstpost  

Imagine a weightlifter, muscles bulging, hoisting a world record-breaking weight. However, Trump may hold an ace up his sleeve: China’s reliance on global supply chains. The G7 is likely to demand that China significantly reduce trade barriers and open its domestic market to foreign goods and services. Encourage alternative trade blocs that can counterbalance China’s dominance while fostering greater economic integration among like-minded nations. As the Chinese proverb goes: “He who plays the lute too loudly breaks the strings.” The world must act decisively to ensure a more balanced and equitable global trading system before China’s dominance irrevocably tilts the playing field.

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History of this topic

Leveraging India Against China
1 week, 5 days ago

Leveraging India Against China

China Daily  

- And Melon Husk's Crude Attempt At Mercantalism As Dr. Gregory Clarke told us they wrote in the margins of his report that they wanted to see India and China "at each other's throats". Beijing discouraging Chinese firms from factory investments in India while also limiting the outflow of workers and equipment - China is trying to kneecap Indian manufacturing …

India's Worrying Economic Dependence On China
2 months, 1 week ago

India's Worrying Economic Dependence On China

India Today  

India's trade deficit with China hit $85.1 billion in fiscal year 2024, underscoring growing economic concerns. This widening gap highlights India's deep reliance on Chinese goods across critical sectors like electronics, telecom, solar energy, and electric vehicles. Expanding PLI schemes to additional sectors and negotiating favorable trade agreements, particularly with countries like the UK, could bolster Indias manufacturing capabilities and …

China’s economy is burdened by years of excess. Here’s how bad it really is.
2 months, 4 weeks ago

China’s economy is burdened by years of excess. Here’s how bad it really is.

Live Mint  

China’s go-go days are behind it as the world’s second-largest economy struggles with the bursting of the biggest real-estate bubble ever. China’s economy today is burdened with excess: Millions of empty or unfinished apartment blocks, trillions of dollars in debt straining local governments and ballooning industrial production driving an export surge that is igniting trade tensions worldwide. Nonetheless, the scale …

India-China Border Deal: A Long-Overdue Resolution
5 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.

India has much to do to woo Chinese firms: China Daily editorial
7 months, 4 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 …

Economic Survey on China: ‘Can India fill manufacturing gaps left by Beijing?’
8 months, 1 week 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 …

India lost the manufacturing race to China. Here's why it could still succeed
9 months, 3 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 …

Chinese economy will continue to defy its ill-intentioned critics
11 months, 2 weeks ago

Chinese economy will continue to defy its ill-intentioned critics

China Daily  

A view of the Huangpu River in Shanghai. Nicholas R. Lardy, senior fellow at the Peterson Institute for International Economics, published an article on the website of Foreign Affairs last week titled "China Is Still Rising-Don't Underestimate the World's Second-Biggest Economy", arguing that the US academics' recent view of China already peaking as an economic power underestimates the resilience of …

Why India Isn’t the New China
1 year, 2 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 …

How India is diversifying its economic partnerships to reduce a $60 billion trade deficit with China
1 year, 5 months ago

How India is diversifying its economic partnerships to reduce a $60 billion trade deficit with China

Firstpost  

By diversifying economic partnerships and fostering ties with like-minded nations, India aims to establish itself as a linchpin of stability and growth, contributing to a more balanced and multipolar world order India’s strategic pivot towards forging stronger economic alliances with nations like Korea, Japan, Europe, and the United States is emblematic of its response to evolving geopolitical dynamics. This shift …

Why China Is So Desperate To Put India In Its Place - News18
1 year, 7 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 …

’India is arguably at the start of a long wave boom,’ says Morgan Stanley
1 year, 7 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 …

Will this be the Chinese economy’s ‘lost decade’? - The Hindu
1 year, 9 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 …

India-US Trade Camaraderie Stronger Than Before Amid Persistent Chinese Deficit Pinch
1 year, 11 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 …

A resilient India, but growth pangs for China
2 years 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 …

Can India Capitalise on China’s Zero-Covid Failure And Become the Future Factory of the World? - News18
2 years, 3 months ago

Can India Capitalise on China’s Zero-Covid Failure And Become the Future Factory of the World? - News18

News 18  

Covid protests have gripped several cities of China, including Beijing and Shanghai, spilling over to Hong Kong with even Chinese embassies in global metropolises like London, Paris and Tokyo as well as universities in US and Europe. Can tensions surrounding China’s zero-Covid policy present an opportunity for India to rejig supply chain models? While the total global manufacturing value added …

China’s ‘inevitable’ global dominance
2 years, 9 months ago

China’s ‘inevitable’ global dominance

The Hindu  

Learning Mandarin in Hong Kong in 1971 soon after he joined the Indian Foreign Service opened “a whole new and fascinating world” for Shyam Saran. This encouraged the Chinese to balance this development by upgrading their own relations with India, and this increased India’s room for manoeuvre vis-à-vis China. At their meeting, Prime Minister Manmohan Singh and Wen Jiabao reached …

India must stay strong on China
3 years, 8 months ago

India must stay strong on China

New Indian Express  

His words must be taken with a pinch of salt, which was what Jaishankar did, making it clear that LAC tensions will affect bilateral ties. This marathon exposes Communist China’s strategy vis-a-vis India. It views Delhi with suspicion for various reasons, prominent being its patronage of the Dalai Lama, increasing proximity to the US and its economic potential. China’s exports …

Abhijit Bhattacharyya | RECP: Why India must be firm on staying out
4 years, 4 months ago

Abhijit Bhattacharyya | RECP: Why India must be firm on staying out

Deccan Chronicle  

The “real” world of trade, commerce and diplomacy fructify on the facts. When a former Indian commerce minister and a former foreign secretary express anguish over New Delhi committing a “historical blunder”, which they feel would negatively impact the nation’s progress and prosperity and lead to “international isolation” diplomatically, one needs a scrutiny of the facts. And while India’s total …

Abhijit Bhattacharyya | Throw Chinese out of India’s economy; war is not an option
4 years, 6 months ago

Abhijit Bhattacharyya | Throw Chinese out of India’s economy; war is not an option

Deccan Chronicle  

As the tense standoff with China in Ladakh worsens, with shots fired at the Line of Actual Control for the first time in 45 years, the battle drums are beating in some quarters and there is loose talk of a “short war” in the next few months. The September 5 New York Times had a disturbing front page headline: “Pandemic …

Why China isn’t expected to power a global recovery
4 years, 8 months ago

Why China isn’t expected to power a global recovery

Live Mint  

Getting the global economy back on its feet this year won’t be easy. During the 2008-09 financial crisis, China’s soaring demand for raw materials and other goods boosted growth across the world, underpinning rebounds in places like Brazil and Germany. “They may not want our products anymore.” China’s longer-term shift toward more reliance on services instead of manufacturing has further …

The economic challenge in decoupling from China | Opinion
4 years, 8 months ago

The economic challenge in decoupling from China | Opinion

Hindustan Times  

China’s most recent incursions into Indian territory are threatening to push the economic relations between the two countries into unchartered territory. These numbers do not give the true picture of India’s dependence on China; imports at the product level do. There are two major sectors in which India’s dependence on China is particularly worrying: Electronic products, including telecommunication equipment, and …

‘Economy in deep trouble, to shrink 5%’
4 years, 9 months ago

‘Economy in deep trouble, to shrink 5%’

The Hindu  

S&P Global Ratings on Friday said the Indian economy is in deep trouble with growth expected to contract by 5% this fiscal. In its report titled ‘Asia-Pacific losses near $3 trillion as balance sheet recession looms,’ S&P projected the region’s economy to shrink by 1.3% in 2020, but grow by 6.9% in 2021. The recovery looks set to be weighed …

Rage of the Impotent: Three Reasons That Explain China’s Border Moves and How India Should Respond
4 years, 10 months ago

Rage of the Impotent: Three Reasons That Explain China’s Border Moves and How India Should Respond

News 18  

The Book of Changes, or I Ching, containing distilled ancient Chinese wisdom which guided the heavenly ordained rulers of the Middle Kingdom both in the discharge of temporal duties and in the pursuit of pleasures, offers this cautionary advice: “Give rein to your emotion. Yet, there has been a certain departure from the inscrutability that has been the hallmark of …

China’s factories are producing more but the economy is still very fragile
4 years, 10 months ago

China’s factories are producing more but the economy is still very fragile

CNN  

Hong Kong CNN Business — Production at China’s factories is growing for the first time since the coronavirus pandemic began. China’s economy shrank 6.8% in the first three months of 2020 compared to a year earlier, amounting to about 693 billion yuan in lost output. While the International Monetary Fund still expects China’s GDP to grow 1.2% this year, analysts …

Opinion | China and India: Struggling to rebalance
6 years, 3 months ago

Opinion | China and India: Struggling to rebalance

Live Mint  

China and India make up for two contrasting—but fascinating—case studies of economic management in emerging economies. Interestingly, China was at India’s current per-capita GDP back in 2006, a gap of 12 years that is similar to the 13-year head start China had compared to India in initiating economic reforms. Subsequently, however, China’s per capita GDP surged slightly less than five …

Forget the trade war, China’s economy has other big problems
6 years, 4 months ago

Forget the trade war, China’s economy has other big problems

CNN  

Hong Kong CNN Business — China is riding out the trade war so far but its economic troubles run deep and could escalate rapidly if US tariffs really start to bite. “China’s growth has been highly credit intensive,” said Gerard Burg, Sydney-based senior economist at National Australia Bank. Beijing appears to have again started dipping into its massive war chest …

India seeks access to Chinese markets to reduce trade deficit
6 years, 4 months ago

India seeks access to Chinese markets to reduce trade deficit

Live Mint  

Beijing: India on Tuesday voiced its concern to China over the huge trade deficit with the neighbouring country which has climbed to over $51 billion and pitched for greater access to its markets in sectors like IT services, agriculture products, pharmaceuticals and tourism to reduce it. Commerce secretary Anup Wadhawan, who is visiting Shanghai to attend the China International Import …

Silver linings lurk in Diwali mood for India's economy if we look beyond Chinese imports, wavering investments and bad loans
6 years, 4 months ago

Silver linings lurk in Diwali mood for India's economy if we look beyond Chinese imports, wavering investments and bad loans

Firstpost  

Chinese firecrackers may be dampened by the Supreme Court’s crackdown but there is still a big question this Diwali: Is that Ganesha you are worshipping made in China? The Rs 10-lakh-crore pile of non-performing assets in the public sector dominated banking system, and visible tensions between the Reserve Bank of India and Prime Minister Narendra Modi’s government are only indicative …

US-China trade war: Beijing wants India on its side but accepting 'friendship' will cause New Delhi more harm than good
6 years, 5 months ago

US-China trade war: Beijing wants India on its side but accepting 'friendship' will cause New Delhi more harm than good

Firstpost  

If India and the US have sought to find common ground between themselves in engaging, cooperating, competing and it is largely owing to the nature of China’s rise. In March last year, a white paper commissioned by the US Department of Defense found that Chinese companies, backed by the government, are strategically investing in American start-ups “specializing in critical technologies …

A wake-up call: What China is up to in India
6 years, 7 months ago

A wake-up call: What China is up to in India

Deccan Chronicle  

The parliamentary standing committee on commerce deserves the nation’s thanks for its exhaustive report on the “Impact of Chinese goods on Indian industry” that was tabled in the Rajya Sabha on Thursday. Consider what the standing committee report points out: “The Chinese products are certified and registered quite easily and faster by India’s Bureau of Indian Standards, while Indian products …

India isn’t building a military to take on China
7 years ago

India isn’t building a military to take on China

Live Mint  

As the People’s Republic of China continues its rise, Asia and the world are scrambling to keep their balance. The share of military spending in India’s federal budget has fallen below 1.6% of gross domestic product—the lowest proportion since 1962. That’s a year instantly recognizable to every Indian, since it’s when India’s underpowered army was routed in a border conflict …

Is China losing its edge?
7 years, 7 months ago

Is China losing its edge?

Deccan Chronicle  

The Soviet-Afghan War was followed by the demise of the mighty USSR, unification of a divided Germany and the end of the Cold War. Luring the Western manufacturers with a “congenial environment” for industrial development, and “conducive to growth” of land, labour, capital, organisation, the four primary factors of production, China succeeded in developing its vast swathe of diverse landscape …

India: A hurdle for China's ambitions
7 years, 8 months ago

India: A hurdle for China's ambitions

Deccan Chronicle  

China, at present, is way ahead of India and the Western developed countries — which includes the UK, France, Germany, Italy, Spain, Portugal, Belgium and Netherlands sans the United States. First instance could be when China’s state-run daily warned about “third country Army” entering Jammu and Kashmir at Pakistan’s behest. The second boastful babbling came thereafter from no less than …

Reflections: A stronger India needed to stabilise Chinese ties
7 years, 8 months ago

Reflections: A stronger India needed to stabilise Chinese ties

Deccan Chronicle  

Although often carried away by enthusiasm, Subramanian Swamy could not be faulted for telling a TV channel that India “needs long-term engagements with China for the benefit of both nations”. Doklam, which both Bhutan and China claim, is at the tip of the Chumbi Valley that Sir Charles Bell, Britain’s political officer responsible for Sikkim, Tibet and Bhutan, called “a …

India’s boycott of our goods will fail to change trade ties: Chinese media
8 years, 5 months ago

India’s boycott of our goods will fail to change trade ties: Chinese media

Hindustan Times  

An ongoing call to boycott Chinese goods in India over diplomatic disputes will fizzle and fail to change the current nature of bilateral trade ties that is heavily tilted in Beijing’s favour, state media has argued. One reason why the boycott call will not work in changing trade ties in India’s favour is that the Chinese consumer goods to be …

Chinese economy still full of power[1]- Chinadaily.com.cn
9 years ago

Chinese economy still full of power[1]- Chinadaily.com.cn

China Daily  

An employee counts yuan notes at a branch of Industrial and Commercial Bank of China Ltd in Wuxi, Jiangsu province. This is therefore the new normal: we are seeing slower yet better quality growth helped along by proactive and deeper reforms. Of course, China's growth rate could easily have exceeded 7 percent if the energy- and- pollution-intensive industries had been …

Is Chinese economy going to collapse?
9 years, 1 month ago

Is Chinese economy going to collapse?

China Daily  

A man checks stock prices at a brokerage in Hangzhou, Zhejiang province, Jan 26, 2016. Chinese economy is experiencing difficulties which are not unique to China but almost every country in the world is facing an economic slowdown under current global economic situation. Debt crisis and deflation in Euro zone has convinced European central bank to cut a key interest …

Blaming China for market rout obscures focus of real problem
9 years, 1 month ago

Blaming China for market rout obscures focus of real problem

China Daily  

BEIJING -- For equity market investors, last week marks a dark period as almost all bourses, except those closed for holidays, saw their benchmark indexes tumble. This latest market crash shows that blaming China for the recent financial market turmoil is ill-founded as the Chinese stock markets were closed for lunar New Year holidays and the country did not release …

Not China-bashing again![1]- Chinadaily.com.cn
9 years, 1 month ago

Not China-bashing again![1]- Chinadaily.com.cn

China Daily  

It's US election season again, so it must be time to beat up China on everything to do with economic and trade matters. Front runner Donald Trump has even pledged to impose tariffs on Chinese products to "level the playing field", notwithstanding that this would be contrary to all the rules of the World Trade Organisation. Nobody wishes India ill, …

China’s economic slowdown adversely affected India: Rajan
9 years, 4 months ago

China’s economic slowdown adversely affected India: Rajan

The Hindu  

China’s pain of economic slowdown is India’s pain too, RBI Governor Raghuram Rajan said contradicting government assertions that India will not be affected by deceleration of Chinese economy. Still, on the whole, we have been adversely affected by the Chinese slowdown because China’s slowdown has impacted global growth and India is very well integrated into the global economy”, Dr. Rajan …

Indian economy full of potential: Chinese expert
9 years, 6 months ago

Indian economy full of potential: Chinese expert

India TV News  

Beijing: The Indian economy is full of potential, but how to ensure real growth will test "the wisdom of leaders", said a Chinese expert in a state-run daily. Chinese actions will affect the developed economies enormously, as has already been observed, but whether it grows fast or slow will not affect the Indian economy much," the article said. "In this …

China’s great crash: Signs of trouble?
9 years, 8 months ago

China’s great crash: Signs of trouble?

Al Jazeera  

The stock market crash could mean an economic downturn in the near future. After relishing a meteoric rise in their shares earlier this year, many investors suddenly saw more than half of their entire wealth wiped out in China’s casino-like stock markets. One of Xi’s major pronouncements was the ruling regime’s new commitment to ensure market forces will begin to …

Enter India, exit China
10 years, 1 month ago

Enter India, exit China

Live Mint  

The progress of Asia’s two giants, China and India, can be neatly encapsulated by the imagery used to portray them. For the past three decades, China has reigned as the world’s premier emerging economy; India always plodded behind, stumbling in China’s formidable wake. According to official data released on 9 February, India’s gross domestic product in the last two quarters …

India keen to prove its superiority: Chinese daily
10 years, 2 months ago

India keen to prove its superiority: Chinese daily

India TV News  

India keen to prove its superiority: Chinese daily Beijing: A Chinese daily on Wednesday said India is keen to become the best in some aspects and it is in dire need of evidence to show that it is not inferior to China.In an Beijing: A Chinese daily on Wednesday said India is keen to become the best in some aspects …

Can India catch up with China?
10 years, 2 months ago

Can India catch up with China?

The Hindu  

The average Indian was slightly better off than the average Chinese in the initial years after Indian independence. “ China has outrun India in every area of economic endeavour in the last 35 years, except in computer software industry and agricultural research ” Few people in 1978 could have imagined the monumental economic progress that China would make because of …

India’s growth may surpass China’s by 2016: report
10 years, 6 months ago

India’s growth may surpass China’s by 2016: report

Live Mint  

China’s President Xi Jinping is due to arrive in India on Wednesday, and for a change he’s the one with an economy heading in the wrong direction, not Indian Prime Minister Narendra Modi. After several dismal years, growth in India is rebounding, and the stock prices of companies selling to Indian consumers are benefiting from the surge in optimism that …

Rebalancing of the economy[1]- Chinadaily.com.cn
11 years ago

Rebalancing of the economy[1]- Chinadaily.com.cn

China Daily  

Behind the slowdown of the growth rate is the necessary shift from an outdated model to a new sustainable one Once again, all eyes are on emerging markets. And, of course, China's outsize backstop of $3.8 trillion in foreign-exchange reserves provides ample insurance in the event of intensified financial contagion. Yet a superficial fixation on China's headline GDP growth persists, …

China to open markets to India, Li says
11 years, 10 months ago

China to open markets to India, Li says

The Hindu  

Chinese Premier Li Keqiang on Tuesday said India and China have the “wisdom” to find mutually acceptable solution to the boundary problem and the two countries have not shied away from addressing the vexed issue. Mr. Li also said China will support its enterprises to increase investments in India and help Indian products have access to Chinese market as he …

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