Mixed signals: The Hindu Editorial on the pandemic and protectionism
3 years ago

Mixed signals: The Hindu Editorial on the pandemic and protectionism

The Hindu  

At a time that India is looking to impress upon the world that it is strongly positioned as well as willing and able to become a more reliable supply chain partner for them than China has been proven in recent times, External Affairs Minister S. Jaishankar’s remarks on Tuesday about globalisation are worth taking note of. The pandemic experience creates a case for ‘shorter’ supply chains with more ‘national’ capacities, he said, before chiding globalisation ‘Gurus’ for advocating open markets without acknowledging geopolitical motivations. Earlier this month, Australia’s Special Envoy to India Tony Abbott accused China of ‘weaponising trade’, losing its credibility and blocking trade flows. That Mr. Abbott, a former Australian Prime Minister, who had himself signed a free trade pact with China, is now pushing hard for a trade deal with India as an ‘obvious trustworthy substitute’ for global supply chains, is an admirable endorsement of official tact.

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History of this topic

India could benefit from re-orientation of global supply chain away from China after Trump victory: Report
Trending News
1 month, 2 weeks ago

India could benefit from re-orientation of global supply chain away from China after Trump victory: Report

Op India  

After the victory of the Donald Trump in the US Presidential elections, India could benefit from any re-orientation of the global supply chain away from China says a report from Care Edge As per the report, Trump has proposed imposing high tariffs on imports from China, which could lead to changes in global trade dynamics, creating opportunities for India. It …

Security First, Efficiency Later: Shifting Sands in Global Supply Chains
2 months ago

Security First, Efficiency Later: Shifting Sands in Global Supply Chains

The Hindu  

Global supply chains are shifting towards security as concerns about Chinese involvement in the supply chain have emerged following the Israeli supply chain attack. The U.S. proposed rules on connected vehicle systems are intended to prevent the sale of these components in the U.S., while the Israeli attack highlighted the vulnerability of products with advanced technologies embedded in them. This …

Slippery Slope of Geopolitics: The Sino Slide - News18
1 year, 4 months ago

Slippery Slope of Geopolitics: The Sino Slide - News18

News 18  

For four decades, the Chinese juggernaut has been marching forward. By the end of the last decade, the world, including the US, the P5 nations and India, had more or less reconciled to a future dominated by the G2 — the US and China. Indian public opinion now clearly treats China as its enemy number one — a burden that …

India is a glimmer of hope in a slowing world
1 year, 11 months ago

India is a glimmer of hope in a slowing world

Live Mint  

As we welcome 2023, there is much to be optimistic about and as much to reflect on. From bringing global manufacturing and supply chains to India to striking astute bilateral trade deals to building the much-needed infrastructure at a steady pace, the Prime Minister has dramatically altered not only the ease of doing business but also rendered the country a …

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

Global supply chains are being battered by fresh COVID surges
3 years, 4 months ago

Global supply chains are being battered by fresh COVID surges

LA Times  

Snarls at ports in Asia could affect global supply chains just as shipments would usually ramp up for the Christmas holiday shopping season. The snarls in Asia — where the United Nations estimates around 42% of global exports are sourced — risk affecting global supply chains just as shipments would usually ramp up for the Christmas holiday shopping season. But …

India can help change global supply chains: Foreign minister Jaishankar
3 years, 7 months ago

India can help change global supply chains: Foreign minister Jaishankar

Hindustan Times  

Union minister of external affairs S Jaishankar on Thursday spoke on shaping the post-coronavirus era with a specific relevance to the role that Asia would play at the 26th ‘Future of Asia’ Conference organized by Nikkei. Foreign minister S Jaishankar He said among other things coronavirus disease has reshaped the world by changing the perceptions and calculations of nations about …

Resilient supply chains as a pandemic lesson
3 years, 11 months ago

Resilient supply chains as a pandemic lesson

The Hindu  

A key lesson learnt by the world during the COVID-19 pandemic has been the importance of creating resilient supply chains that can withstand disruptions and ensure reliability for the global economy. For many Japanese companies, global performance and profits are linked to manufacturing facilities and supply chains in China. For instance, the pandemic caused a breakdown in global supply chains …

‘Supply chain shift from China may benefit India’
3 years, 11 months ago

‘Supply chain shift from China may benefit India’

The Hindu  

India could benefit from the likely shift in global supply chains from China to other economies in the aftermath of the COVID-19 pandemic, according to a survey. Nearly 70% of the survey participants have said India could benefit from this move and they expect a fair share of manufacturing to shift from China to India in the near future,” said …

The Hindu Explains | How Australia-China relations have plunged to their worst ever crisis
4 years ago

The Hindu Explains | How Australia-China relations have plunged to their worst ever crisis

The Hindu  

“Repugnant,” was how Australia’s Prime Minister Scott Morrison earlier this week described a tweet by Zhao Lijian, a spokesperson for China’s Foreign Ministry, who shared a doctored image showing an Australian soldier holding a knife to the throat of an Afghan child. The image, created by a Chinese designer who calls himself a “wolf-warrior artist”, was shared on Twitter by …

Why Australia-China relations are downhill since pandemic began
4 years, 1 month ago

Why Australia-China relations are downhill since pandemic began

Op India  

The Coronavirus pandemic has had profound implications for international relations as well as the global economy, apart from causing an irreparable loss of human life. A notification on the government’s grant website stated, “DFAT’s Cyber Affairs and Critical Technology Branch is seeking to establish a Quad Tech Network, to support and complement the development of Australia’s first Cyber and Critical …

Can India Decouple From China?
4 years, 1 month ago

Can India Decouple From China?

The Diplomat  

Following the catastrophic clashes between Indian and Chinese troops at the Galwan Valley in Ladakh in June 2020, India has taken several steps to reduce its economic engagement with China. The Latest Trends in Imports From China India’s import dependence on China is broad-based and includes imports of raw materials, intermediate goods, and finished products. Beyond these groups, India’s reliance …

India, Australia and Japan’s Supply Chain Pact to End China’s Trade Dominance Explained
4 years, 3 months ago

India, Australia and Japan’s Supply Chain Pact to End China’s Trade Dominance Explained

News 18  

Tuesday, September 1, saw an important move by Japan bear fruit with India and Australia – the three are fast-tracking supply chain cooperation and have given their bureaucrats just a few months to work out the details. While Japan led the deal, in recent times India has had growing concerns about supply chain dependence on China combined with Chinese border …

The Hindu Explains | Why has Japan mooted the Supply Chain Resilience Initiative?
4 years, 3 months ago

The Hindu Explains | Why has Japan mooted the Supply Chain Resilience Initiative?

The Hindu  

The story so far: With COVID-19 and trade tensions between China and the United States threatening supply chains or actually causing bottlenecks, Japan has mooted the Supply Chain Resilience Initiative as a trilateral approach to trade, with India and Australia as the other two partners. If the world’s two largest economies do not resolve their differences, it could threaten globalisation …

India Can Become Trusted Partner in Global Supply Chains: Piyush Goyal
4 years, 4 months ago

India Can Become Trusted Partner in Global Supply Chains: Piyush Goyal

News 18  

The world is looking for trusted partners where there is rule of law, transparency in systems, strong judiciary and democratic traditions, and India can become a key player in global supply chains as it provides all of these, Commerce and Industry Minister Piyush Goyal said on Saturday. He said India has to engage with the world with competitive prices, high …

Amid Global Pressure, China Tells India Not to Use Its 'Internal Affairs' for Leverage in Border Tension
4 years, 4 months ago

Amid Global Pressure, China Tells India Not to Use Its 'Internal Affairs' for Leverage in Border Tension

News 18  

International pressure continues to build on China over issues from Hong Kong, Xinjiang, South China Sea to clean technology. The Australian High Commissioner to India, Barry O’Farrell, met External Affairs Minister S Jaishankar on Thursday and issued a statement saying that Australia remains deeply concerned about actions in South China Sea that “are destabilising and could provoke escalation”. He also …

Piyush Goyal takes potshot at China; says developing trust important for trade partnership among nations
4 years, 5 months ago

Piyush Goyal takes potshot at China; says developing trust important for trade partnership among nations

Live Mint  

For international trade to play its part in the recovery process post the coronavirus pandemic, all the partners must be trustworthy and transparent, trade minister Piyush Goyal on Thursday said at the virtual meeting of trade ministers of BRICS countries, implicitly taking potshots at China. “It is trust and transparency which determines the sustainability of global supply chains and nations …

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