Indian Diplomacy: China’s Economic Slowdown
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- Опубліковано 5 вер 2024
- Analysis of the structural factors behind China’s ‘new normal’ of low GDP growth, the effects of this deceleration on Chinese people and the ruling Communist Party, and the impact of economic weakness on China’s foreign and defence policies. Hosted by Dr. Sreeram Chaulia and features the expert opinion of Dr. Jabin Jacob of Shiv Nadar University.
#XiJinping, #GDP, #Debt, #RealEstate, #Protests, #TradeWar, #Investment, #Philippines, #Taiwan, #India
Recent reports by Firstpost and WION media. India airlines advertised to hire 600 staff but 25,000 show up to apply.
Another private company advertised 10 vacancies, 1,600 unemployed young men showed up for the application and created a stampede and injured many.
India should look into their own problems instead of worrying about China.
Dude you are taking it the wrong way. India has no impact on chinese growth at all. India is looking at China to evaluate policy for its own growth story, what would work here and what wouldn't.
China effects us also
Indian should be worries Their own country Rather then worries China to be like China India still have a long way.
Yes. That is what happens when they cannot grow and improve on themselves so they need to deflect attention of their failures by diverting attention to others. Best example for this tactic is to look at the US, UK and the west and now India is following them as well. India catching up China is a very long term dream. 😂
Chinese troll account 😅
@@realnapster1522
No, he is being honest
I don't care about China...bhar mei jaye... India needs more progress....we should care about our country not others....
Strong china is detrimental to indias growth
@@kartiktargeryan7160India is still importing almost US$100 billion worth of goods from China than China importing from India.
This trade will take at least 20 years to become balance or it will never happen because India basically has nothing much worth for China to import.
What India can do and produce China obviously can do and produce better, cheaper and faster.
@@hengongchua6250 wait for 2 decades, india will be much more industrialised and self sufficient than now, and chinese labour will cost much much more
My friend this is an old trick.
Create hatred so you forget about your own issues.
@@kartiktargeryan7160 , use your brain and think harder. China is going into AI and automation production that requires very minimum workers. A factory used to have 2,000 workers are now only required 200 and with 3 times higher productivity, can operate 24 hours, produce better constituency quality and cheaper.
Your factory will still need thousands of Dalit workers.
Don't worry about China. Chinese are smart and plan ahead. Not like those people going to temples everyday praying for God to create miracles to help them.
Awesome Jabin! Very interesting to hear your take on China economy.
China is ages ahead of India.
China, despite all the "slow down", is still growing at 4% every year and at this rate grows the size of India every 4th year.
While the perception of India globally has seen a positive bump it still has a long way to go alleviate poverty (800 million receiving 5kg rice every month), millions of youth roaming aimlessly on the streets, 75% women sitting idle at home doing nothing), take care of its more than 4000 tribal groups living in extreme poverty and take care of many domestic economy.
China is an authoritarian society which sacrifices political freedoms and human rights, in exchange for extra growth. Now your growth is lower than India, let that sink in.
The whole argument over how China's 4% growth means 800B which is so much higher than India's 400B, is more optics than substance. If China's growth keeps falling, India might be 50-60% of Chinese GDP in the next 20 years.
Unlike China, India is not communist and thus it is not a natural enemy of the west. It is already predicted by IMF that by 2050 India will grow in GDP upto comparable size to US. So yes, even by current growth rate India is doing fine.
If China was smart, it would have given up on border claims and made peace. And then partnered with India to take advantage of another huge growing market. Instead it treats India like some poor African country. If you don't smarten up till 2030, those profits will be passed on to Japan and Germany.
@@anime0965 You have no idea.
IF China were growing at 1 % it would still be growing more than India in absolute terms. That does not show any preference or bias. Those are just facts.
India has nothing to loose by trading with China, a lot of countries trade with each in all sorts of manners and in commodities with some or other contradictions and pestering issues.
It's not that India does not want to trade, it's just that there is nothing to trade with; meanwhile Indian consumers must pay more for shoddy products.
AND NO INDIA has been more socialist and communists, for longer times than China. Perhaps you are unaware India has FIVE YEAR PLANS before China and longer than China.
And No democracy does not work in a country with 1 and half billion people. There is absolutely no precedent for such a project in history, neither is India setting one beyond on paper.
@@tylert9875 Why are you getting so defensive man? xd Keep your mind open and look at all sides.
China's growth at 1% of approx 19T= 190B
India's growth at 8% of approx 4T= ~300B
So in absolute terms India is growing more!
You think there is nothing to trade with a 4T economy? Really? Do you even know basic economics? In fact, since India is a developing economy China can have comparative advantage (compared to Germany and Japan here). And that market will double by 2030. Its you who is loosing out on more profits.
India is far more closer to "social democracy" of Japan or Germany than "communism" or hardcore "socialist". US and the west hardly have a problem with a country like this. We do not have a purely one party communist state without direct elections.
You can see 1B+ people successfully running with a democratic India. Good enough to have a growth rate better than a country which sacrifices human rights for economic growth.
India is WAY better than what is reported in media. It was only in late 2010s when the media showed the real image of China and not just cheap quality goods or poor sweatshops. India's real image will be spread in early 2030s. In fact, in 2030 India's GDP will be 7T+ USD. Which was China's GDP in 2013.
(India can even grow over 7T+, because of rapidly increasing infrastructure. India will have atleast 30,000 km expressways, 3-4 deep-sea ports, 6,000 km of Dedicated high-speed freight rail, and atleast a 500km bullet train line.)
@anime0965
Glad you can do math.
2 years of 1% growth equal to 1 year of 8% is still not a bad performance. Assuming China is not underestimating it's growth and India not overstating it's own growth.
India can grow to 7 trillion economy, 4-5 x it's current size. Assuming GDP is still any relevant estimate of any meaningful progress in human development index, it's like chasing your own tail, and counting it too, without any prospect of a biscuit at the end.
GDP growth is meaningless when 800 million people have must rely on government to feed themselves and more than 300 million accounts with no banking transactions in last 1 year (RBI), or more than 4000 companies that have left Indian in last 10 years.
Its unrealistic to think India can compete with China in any meaningful metric. It's idiotic, let's, India should, focus on boosting farmer's incomes, generate more industrial jobs, and create servicing opportunities in those industrial sectors, do the basics.
It's better to stay grounded and not believe in fairtales of high growth and 7T. If basics are taken care of, there is no need to worry about GDP and such metafigures.
India needs a LEADET that can put it on the right path now in order to reap the benefits in the future, the best case scenario. Everything else is a pipe dream.
Why india can never rise from the pit.....Understanding Caste in India (Jati & Varna) - How We Destroy Ourselves
Economic slowdown is happening in all economies. US and Chinese economies are in recession. Indian economy is growing faster but it still has a challenge of unemployment.
Thank you ❤
Why always focus on China ithnk we should construct. And strengthen our. Economic lnstead
The population of india is an assets while the population of china day by day become liabilities and responsibilities
You must be an Indian to say that
Economy of China will keep growing but at a slow pace, 5% per year. The reason is China doesn't want to pour money to the market to stimulate its economy although it has the largest foreign currency researve and the largest trade surplus in the world. The reason behind this is, if China does, the money will finally end up in the US due to its current higher interest rate. So until the US lowers its interest rate, China economy will deliberately stay growing slow and wait, no matter how hard the world barking at it.
China is not wanting to reduce their dependence on external world it was when external world started to cut short of China post Covid and China tried to readjust the reduced export by increase in the internal consumption of Chinese market which it could not.
$3.417 trillion gdp india 2022
$17.96 trillion gdp CHINA 2022
thats all for now 😂😂😂😂
Awww Thanks for reminding us . We need such people tonkeep us grounded
@@atsherpa , China per capita income for 2024 US$13,000.
India US$2,500.
Good
According to Dr. Subramaniam Swamy, Modi foreign policy are a complete failure.
Why india can never rise from the pit.....Understanding Caste in India (Jati & Varna) - How We Destroy Ourselves
Bots are very funny !!.........they comment on others while their own things are becoming shityy😂😂
#mannerism for mentality development
India is doing great!
Do worry about the China, they slowing down.
India seems more concerned with China's progress when her own progress is struggling in practically all aspects of development. The opinion given is more speculative than real statistics. Indians like to emphasize about China's mode of governance which for all practical purposes has shown more progress than what Indian had achieved thus far.
Andyy bro your humour is great
@@user-qu3ct2zo3w I'm only telling you, don't tell anybody else: say what people want to hear…
@@user-ed9so2rb4k Indian people they are doing great, let them keep up…
Tibet is an autonomous region.
Prof Jacob is overtly playing out China …….. it has dependence on US and EU markets and these markets will be slowing down due to aging population and demographic change due to immigrants.
Now African countries do not enjoy the same buying parity as US or EU and these were used for the raw materials. Now the Chinese local market is less as compared to capacity buildup due to excessive export regime and Chinese local market cannot consume the same.
Prof Jacob should work out on his analysis as he also has the repute of the institution to support
Stupidity . Why would we worried about China slow down
Globalization affects all economies.
A 5% growth of 3 trillion economy is declining and 8% growth of 600 billion economy is doing better.
Uncontrolled growth of ambition of P. L. A needs check. It has become like cancerous
It seems that you are more interested in military affairs than in economics.
@@mingmuyiyang8615 It may cause havoc @China, rather a close society
Why india can never rise from the pit.....Understanding Caste in India (Jati & Varna) - How We Destroy Ourselves
@@shambhuprasad8434 You don't understand China at all.
India's future is very bad, Please wait and watch😂
NDA govt not able to leverage wrt chinas slow diwn by reducing unwarranted imports as we have huge usd 85 bn as -ve net bal of trade, we need to be ruthless in pinning them down heavily to counter their uncanny tactics & tricks being perpetrated by them on Bharath. Failure by NDA to capitalise the situation but rather playing into their hands inspite of their unscrupulous acts.
DD INDIA you NEED more AESTHETIC studio & good bright light…
Overall a mediocre study on actual Chinese issues and market
Have a good mike atleast DD, pathetic "economic superpower" India's official broadcast cant afford a good mike ! !
Kalian orang india pikir ekonomi india maju pesat. Itu hanya omong kosong bagi orang negara lain
China looks slow now
Is he a reserved candidate or a deserved candidat? Please specify before interviewing.
You call 5% growth as slow down?
Where did you get your pHD?
real Permnant Head Damage!
A 5% growth of 3 trillion economy is declining and 8% growth of 600 billion economy is doing better.
They do not know how to count properly. 😂😂😂
Sounds like following US and western mentality and attitude. That is another reason why India will never surpass nor go near to China.
China is way way ahead of India. Can discuss and debate again after at least 40 years from now. Until then, case closed.
Not way ahead. They are developing just like India.
What is cultur of merits controoller of China one authority concept, Learning is university and Students education and Exploore more purposes culture butt this respected cultur Used by china as Thefting way or Choori auur Sinajoori charecter and make it Govet face over Personality of performers face must otherwise ? Millittry ki marji ?
Why india can never rise from the pit.....Understanding Caste in India (Jati & Varna) - How We Destroy Ourselves
The idea that a change in political leadership, at an interval of 4, 5 years result in non stop gdp growth is naive if not completely idiotic. If that were the case, all democratic african countries would be singapore. Very amateurish debate.
How is China today. Hope u watch their people grievance n agony. Nothing that sort in India. China create more enemies whereas India create more friendship. If China is so great, why people running away from the beloved country. Especially US where they r treated in a different way?
@@subramaniam9749boring indian
borin indian
boring Indian
@@subramaniam9749boring Idian
India No1
I disagree with the point that china has become aggressive towards India because India is aligning with west.
FYI, China attacked india in 1962 despite the Hindi-Chini Bhai Bhai atmosphere and despite Indias food & carriage supplies to chinese forces to support invasion of Tibet.
It’s not China but the communist party which is hostile to India. And their stance is becoming more aggressive due to economic growth. India needs to create an effective deterrent.