from people to the effect that Indians can make China regret denying India a place in the NSG by not buying Chinese goods.
Now, what these people dont realize is :
1. The traders who bring in Chinese goods into India are almost entirely Indian, not Chinese !
2. These Indian traders (mostly North Indians) go to China and hunt for the cheapest but deceptively good looking products and bring them to India wholescale. It is in these products that they make the biggest margins. They are able to get them very very cheap from the Chinese and sell them to mostly unsuspecting Indians who fall for the combination of good looks and cheap prices (just a little bit cheaper than desi equivalents).
3. Exports to India makes up just 2.6 % of the total exports from China (60 billion USD). And if the profits earned by the Chinese from exports is estimated, exports to India earn much less than 2.6 % of the total profits earned by them.
4. In recent years, after the closure of illegal iron ore mines in Karnataka and Goa at the direction of the National Green Tribunal, Indian exports to China nosedived and has led to a great widening of the trade gap between India and China (in favour of the latter). This gap is now more than 50 billion USD per annum (i.e., the value of Indian exports to China is roughly just 20 % of Chinese exports to India). This situation usually would have invited immediate protectionist measures from the commerce ministry in those sectors which are out of the ambit
Re: The social media is beseiged now with remarks
by piri on Jul 01, 2016 09:45 PM
of the WTO. However, no such measure has been taken by the govt so far. This reveals the hold the Indian lobby that trades in Chinese goods has on the govt
Therefore, the impression that many Indians, especially middle class Indians, have that they can somehow harm Chinese interests much by not purchasing Chinese made goods is not based on sound logic. In fact, the segment that will actually be hurt if such an unlikely event takes place is the group of Indian traders who make a lot of money indeed from trading in Chinese goods.
Whichever way the matter is looked at, there is just no way the Chinese could be bothered much with the kind of economic or military might India has or claims to have !
The foreign media burst into laugh when the selfie raja once said plastic surgery, air travel and stem cell therapy... all invented by Indian during vedic age. Yes it was a serious talk by the fekuraja in a public meeting. Somehow Indian media did not take it up much because they can not celebrate the blunder of the top executive of the country. Now he hires his low IQ technicians to identify gold in caww urinnnn and platinum in dung
Re: Fekuraja
by Against Pseudos on Jul 01, 2016 12:18 PM
Untrue Voice: Foreign media laughed louder on Virgin Mary and "rebirth" of crucifcation victim. :-)
Modi is a very unreasonable man. A reasonable man adapts himself to the surrounding conditions. An unreasonable man adapts the surrounding conditions to himself. All progress depends on the unreasonable man.
Re: Modi is very unreasonable
by paul theo on Jul 01, 2016 10:25 AM
THE CHAIWALAS CONTRIBUTION IS ZERO, ALL THE GROUND WORK HAS BEEN DONE BY PREVIOUS GOVTS. HE IS ONLY ENJOYING HIS FOREIGN TOURS , WITH PUBLIC MONEY. ALL HYPE, FOR PERSONAL PUBLICITY
Re: Re: Modi is very unreasonable
by bakchod on Jul 01, 2016 12:15 PM
What ground work? You mean creation of a huge stash in overseas accounts for the next 20 generations of the dynasty?
Sir, you shd appreciate that at least you learnt something from Modi,good you accepted that you didnt learnt anything from exPM while serving as Ambassador ???? waste ..........
Re: Psychological Problem.
by paul theo on Jul 01, 2016 10:26 AM
MOST COUNTRIES ONLY GAVE LIP SYMPATHY TO THE CHAIWALA, NO REAL PROGRESS WITH CHINA, U.S. AND PAKISTAN
Re: Narendra Modi is nothing
by bakchod on Jul 01, 2016 12:19 PM
Yeah, like you, large sections of the Indian population want ISIS rule to bring true glory to this country.
