@VatsRishap Indeed. When in reality, the new US policy shifted vis-a-vis India. Strategies to "not let India become another China" and to use Pakistan as a containment policy for India. G2 is now an accepted status quo, and they don't want to usher in G3/G4.
@Pivot2Centre They were doing that pre-war too. China was the main importer of Iranian crude since Trump-1. In fact the very idea that Indians will stop importing Russian crude and bend the knee, came to Americans after they saw India stopping to import Iranian crude due to sanctions.
A US fighter jet pilot rescued by special forces after being shot down over Iran in April described a shocking sight before ejecting from his aircraft: multiple Iranian drones hovering in the air, moving as one, in a formation that resembled a jellyfish, according to four sources familiar with the matter.
https://t.co/LcaqH5LTOb
@DataGuyRedux Just imagine all the Uniqlo stores selling merchandise sourced from India, all the rare earths developed by co-production which can bypass Chinese export controls, semiconductors, cars etc etc. But the main problem will be Indian babudom as always, much more than China or U.S. 😛
@athreya49 So it is actually in the best interest of common Chinese people, that China rebalances its economy and boost domestic demand and consumption by giving higher wages and safety net to Chinese labour.
@athreya49 So we have to strike a balance. But if China drives down the prices every time for its trade surplus and job creation, it affects India too as we have to reluctantly run the race to the bottom. It is making Chinese debt unsustainable too https://t.co/5udNOKi7NG
When you import off the shelf, be prepared for such demeaning headlines … the exporter who we’ve paid millions of
$$$ has “cleared” a support package for the heptrs we’ve bought. (I imagine such clearances are conditional on good behaviour)
https://t.co/D9RWZWq492?
@athreya49 Fyi, Yuan was undervalued compared to INR on a REER basis pre-Iran war. That got fixed due to INR depreciation due to oil supply shock. So indeed the article is not propaganda and there is a lot of truth that China is pursuing mercantilist beggar-thy-neighbour policies.
Our 1.4 Bn population is a curse for entrepreneurship. No incentive for exports and compete in global markets, sell cheap products to a $3000 per capita populace, lobby government to place high tariffs on imports and cartelise high margin production domestically.
Even the service exports chaps use our cheap labour as an arbitrage to win global contracts, zero innovation.
Unpopular opinion: It is strategically better to import more stuff from the US than running a massive trade deficit with China. In the long run, US market is consumption driven so it will also absorb Indian exports (if the trade deal is done properly).
Two different political economies.
China has been building a national system for comprehensive economic development. India has been enabling private oligarchs and companies to get strong rather than elevate the underlying human capital, technologies, sectors and industries.
Capital is subordinated to national goals in China; Capital sets the agenda for policy goals in India, which invariably across neoliberal states leads to state capture, rent seeking, concentration of market power, lack of innovation and international competitiveness.
@observer221b@somnath1978 that + pak is the UI while cheen is the actual on-prem/IaaS provider and cheen is far ahead of india on defence products esp full-stack items
INDIAN EXPRESS DROPS A LAND BOMB ON BJP CM 🔥
After Mohan Yadav became Madhya Pradesh CM, his family and real estate companies reportedly bought at least 137 plots spread over 168 acres in and around Ujjain.
This is the same Ujjain being reshaped for Simhastha 2028 with highways, road widening, townships, riverfront projects, medical city, IT park and new commercial zones.
The most damning part is this: out of the 168 acres bought after he became CM, 111 acres are reportedly located along roads announced by CM Mohan Yadav himself.
His family already had land. But after Dec 2023, the land buying saw a sharp jump, right when Ujjain’s development map started turning into a goldmine.
Indian Express repeatedly asked the CM for answers. He stayed silent.
This is how BJP turns religion into a business model 😡
@somnath1978 Yes. But if you make dumb tactics like entering the enemy territory without SEAD/DEAD, to pretend self-righteousness as if in a Bollywood movie, then that tech advantage won't shield you from consequences of asymmetry.
Every time someone in India loads a website, the DNS query routes to a root server in the US to get resolved. One of the world's largest internet populations has zero root server clusters of its own - and India is now pushing ICANN to change that.
- MeitY wants a root server cluster in India for the first time
- ICANN runs clusters in Singapore, Europe, the US, Egypt and Kenya, none in India
- India could get 18 servers mirroring all 13 root servers that underpin the internet
- In-country servers cut DNS latency and let ISPs contain cyber attacks at the gateway
good move
https://t.co/FaFwcQDXMd