CHINA-INDIA: BRICS SUMMIT

In an article published by the state-owned Global Times on August 30, 2017, Li Zhiqin, senior fellow with the Chongyang Institute for Financial Studies at Renmin University, said "there are still voices of discontent in some BRICS countries". He said for the future of BRICS, Sino-Indian relations is a topic that cannot be ignored. Saying that China and India share many similarities, he pointed out that recently, however, "India's attitude toward China has changed a lot. India has become aggressive and bellicose. In August, India launched anti-dumping and countervailing investigations into more than 90 Chinese products. This more or less demonstrated India's unfriendly attitude toward China". He claimed that "after Indian Prime Minister Modi's visit to the US, the Modi administration strengthened its opposition against China". He listed three reasons for India starting disputes with China. First, India harbors ill feelings toward China's development, which is different from the West's prejudice and arrogance toward China. When India saw developed countries such as the US and Japan blame China for their slow economic development, it realized stirring up disputes against China was the most convenient way to alleviate domestic political pressures, while also wooing the US to its side. He warned this will end up harming India. Second, India may think that China has no counter capability and therefore will have little impact on India. Because of this, it has chosen to make some risky moves. He pointed out that India's development has benefited much from China's rapid development due to globalization and China regards India as its most important raw material supplier. Third, India is beset with contradictions. The structural conflts between trade and industry have especially restricted India's market competitiveness. What bothers politicians in India is that they have no solutions for these contradictions. They once thought that the market would correct itself, but the reality has proven disappointing. 







Subscribe to Newswire | Site Map | Email Us
Centre for China Analysis and Strategy, A-50, Second Floor, Vasant Vihar, New Delhi-110057
Tel: 011 41017353
Email: office@ccasindia.org