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He better put on a Chairman Mao hat to show that he is sincere, like Elon did when Li Qiang accused him of posting anti-Chinese content on Twitter.
This has already been discussed but there are two points to observe despite India having a growth rate over 8%.
Manufacturing has not significantly improved overall which is key to India moving to the next stage.
Foreign direct investment remains static despite outflows from China. Some say it's going to Vietnam instead.
Manufacturing has not significantly improved overall which is key to India moving to the next stage.
Foreign direct investment remains static despite outflows from China. Some say it's going to Vietnam instead.
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Agreed on the first part. But I would argue that inept leadership will make any type of government suck. Whether it's a democracy, autocracy, monarchy, theocracy, or whatever.
Historically, many autocracies were voted in by democracies. Just like how Hitler and Mussolini were voted into power, India is also going through a similar political journey. Too many Indians who could vote were captured by the BJP's constant promise of a Supapowar Bharat Hindu Empire. Nations who like that are quite prone to going to war. But thanks to India's sheer incompetence, they were unable to act on their warmongering dreams.
Assuming that India doesn't collapse from it's internal contradictions, if India continues going down this path, its going to eventually get itself into a war.
To the West, everything is politics. If you're their enemy, even your own land is not recognized by them as yours. But if you're their friend, you can invade, butcher, massacre, and take other lands at will. They'll happily recognize your gains and tell the world that you have rightfully gained what you have taken.
India to it's Asian neighbours is considered an expansionist power. And quite a nasty one too. It is an artificial nation created by the British. It had claimed and annexed territories that had never belonged to it prior to British colonisation. But this point of view had been suppressed and dismissed by the West because India is their darling. After all, India uses their political system, it speaks the Anglo language, and most importantly, it is a willing pet of the Anglos.
Ironically, India's new Hindutva path, and the waning power of its Anglo masters will eventually put it's identity into question. What is India actually without the British Empire? What is this Akhand Bharat? It has never actually existed in history. If India does go on a rampage to realize Akhand Bharat, then all of these questions will eventually emerge.
India's economy contracted by 5.8% in 2020. Since then, its GDP has grown at an average rate of 3.5% a year (-5.8% in 2020, +9.1% in 2021, +7.2% in 2022). In other words, it is still recovering from the impact of the pandemic.
If India's GDP manages to grow by 8% this year, that would bring its average growth rate from 2020 to 2023 to 4.625%. India's GDP really should be growing at a double-digit rate.
From 2020 to 2023, China's GDP grew at an average rate of 4.7% (+2.2% in 2020, +8.4% in 2021, +3% in 2022, +5.2% in 2023).
No bro I respectfully disagree, until India fix its social ill like the Caste system it will never progress as the majority of its population are Dalits, It's the root cause of her problem.
Looks like Japan would like to have another Toshiba reminder.
"wOuLd HeLp DeFeNsEs AgAiNsT cHyNa"
B1tch, the US and Japan's combined steel production capacity isn't even 1/5th of China's.
China's steel production capacity actually rose in 2023, while Japan's steel production capacity actually dropped in that same year and the US' remained pretty much the same.
"wOuLd HeLp DeFeNsEs AgAiNsT cHyNa"
B1tch, the US and Japan's combined steel production capacity isn't even 1/5th of China's.
China's steel production capacity actually rose in 2023, while Japan's steel production capacity actually dropped in that same year and the US' remained pretty much the same.
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ZPMC would like to send their regards (and their product catalog for new container cranes).