CHINA-INDIA: GLOBAL TIMES PUBLISHES NEGATIVE ARTICLE ON INDIA'S INDEPENDENCE DAY
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A Global Times article published (August 15, 2018) on "the anniversary of the country's independence from the British Empire in 1947" said while in the subsequent decades India lifted hundreds of millions of people out of poverty, "but it has long been beset by a failure to achieve its manufacturing ambitions". It said India has yet to find the style that works best for its manufacturing sector and that "India's economic rise remains fragile due to uncertainty in its manufacturing sector". It quoted CNBC as saying "the percentage of the manufacturing industry in India's GDP fell to 15 percent in 2017 from 17.4 percent in 2006." It noted that India faces challenges such as a high illiteracy rate and weak industrial infrastructure adding that the Indian economy has little in common with Russia, the US or China and "India's manufacturing sector has failed to find a unique development model that suits its own national conditions". It advised India to "avoid competing on the same basis as other emerging economies and develop based on its own characteristics".
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