1. China should ‘keep calm’ about India’s rise: Chinese media

China should ‘keep calm’ about India’s rise: Chinese media

India is receiving a "massive influx" of foreign investments which will greatly enhance its ability to develop the manufacturing sector and China should "keep calm" and start working on a more effective growth strategy.

By: | Beijing | Updated: July 16, 2017 9:29 PM
China, India, China India, keep calm, keep calm about India's rise, foreign investments, China-India relations, China India relationship, China-India bilateral relationship, China-India ties, Sino-India, effective growth strategy, effective growth strategy of India “This massive influx of investment by foreign manufacturers is of great significance for India’s economy, employment and industrial development,” an article in the Global Times said. (Express Image)

India is receiving a “massive influx” of foreign investments which will greatly enhance its ability to develop the manufacturing sector and China should “keep calm” and start working on a more effective growth strategy for the new era, a state-run newspaper said today. “This massive influx of investment by foreign manufacturers is of great significance for India’s economy, employment and industrial development,” an article in the Global Times said. “China should be calm seeing India’s rise. To cope with competition from India, China could start working on a more effective growth strategy for the new era now,” it said.

The influx of foreign manufacturers is addressing some of India’s weaknesses and enhancing its manufacturing ability, with Chinese companies also playing an important role in the process, according to the article. “This is a repeat of China’s introduction of foreign investment, which is why it is likely that India may succeed.

“If in the past India lacked capital, a developed manufacturing sector and skilled manufacturing workers, the foreign manufacturing inflow is now helping India address the problem, backing up the government’s ‘Make in India’ initiative,” it said. The article listed a host of foreign companies including some of the Chinese firms which are investing in India.

“It should be pointed out that what is happening in India occurred in China two decades ago. “Just like what happened with China during its reform and opening-up, the arrival of foreign manufacturing will greatly enhance India’s ability to develop its manufacturing sector, which will help in cultivating a large number of skilled workers, managers and factories,” it added.

  1. R
    Rathi Raj
    Jul 18, 2017 at 10:08 am
    Rightly said. Belligerence, military threats and verbal duels between these two great nations and civilisations will be disastrous not only for themselves, but the entire world. Chinese are known for their patience, but there they seem to be failing now. It's not understood why China is so jealous with India. The aggressive at ude is alienating the Indian common people who earlier bee-lined for the cost-effective Chinese products. But the same is rapidly reversing since the Chinese acts of threat, even common markets selling Chinese products are shunned and abused. Such distrust and mutual hatred is detrimental to the regional harmony and economic development. The world today is not any more what it was 50 years back. Today the strategic interests are more closely linked with economic interests and India too is no more isolated as she was earlier. The world sees India as the hub of heavy economic activities and they might side with India in case of any armed conflict.
    Reply

Go to Top