from the time, china surpassed japan, to become the world's 2nd largest economy,with chances that it may overtake usa by 2020 on PPP basis, the western media has started posting bogus anti-china news/articles/projections. indians & specially usa's stooge pm & his crony ahluwalia must be delighted in reading these.however they should know that china holds $1.16 trillion us treasury securities(largest amongst all countries), & for getting these usa must have oiled china's palms to buy these bonds. we indians should stop beleving these articles, as they are more a reflection of china bias. india should set its house in order(CWG,2G,S-spectrum,Adarsh, Corporate-Govt dealings etc.), and improve transparency in these sectors.
If I can get to ride Shinkansen bullet trains and live in Shanghai style skyscrapers with "less transparent government", I wouldn't mind that one single bit.
China has a big pile of cash (US$2.8 trillion) with only US$ 500 billion debt. India's external debt surpassed India's foreign reserves while India has a huge trade deficit (Trade deficit is about 60% of India's export each year), In this case, India needs FII even everyone FII is a poison sometimes.
ASIAN ALWAYS BOWS TO WHITE PEOPLE THEY ARE MORE SHREWED NOT HAVING IMMOTIONS EVEN HAVING GREAT HISTORY AND BACKGROUND BOTH CHIANA AND INDIA PITTIED AGAINST EACH OTHER BY VIRTUE OF BRITISH AND USA OTHERWISE WHERE THEY STAND IF BOTH ASIAN GIANTS JOINT HANDS FOR BETTERMENT OF THEIR POPULATION
Re: Transparency
by Chiman on Mar 02, 2011 08:42 PM
Yes, we are more transparent. 170,000 crores scam and no one can do anything. CWG scam, IPL scam, Bofors scam, Adarsh scam, Karnataka scam...every type of scam..Everybody knows about scam but no one can do anything. So what is this report talking about..transparency is a virtue by itself.?
Re: Transparency
by Chiman on Mar 02, 2011 08:44 PM
Yes, we are more transparent. 170,000 crores scam and no one can do anything. CWG scam, IPL scam, Bofors scam, Adarsh scam, Karnataka scam...every type of scam..Everybody knows about scam but no one can do anything. So what is this report talking about..transparency is a virtue by itself.?
Re: Transparency
by Naresh Sharma on Mar 02, 2011 08:47 PM
We suggest Rediff to hire people who have "more" brain. They must conduct IQ tests before hiring. Why do they waste public time ?