But saying all investment (special reference to China ones) is good, is taking it too far. It is already proven that China is new financial colonist [1] [2], infact last week India Govt passed a notice that any investment from China would be scrutinised.[3]
[1] https://www.ft.com/content/186743b8-bb25-11e8-94b2-17176fbf9...
[2] https://www.forbes.com/sites/panosmourdoukoutas/2018/08/04/c...
[3] https://economictimes.indiatimes.com/news/economy/policy/ind...
Russia/Austrlia/Malaysia and Thailand have free trade agreement with China and they've not been colonised yet.
India is a big enough power to negotiate better deals with China.
So the fear of china is unwarranted.
Furthermore, there is a paper by Indian institute of foreign trade where the assert that imposition of trade barriers on china has reduced GMV of India.
What best you can do now is to partner with china and bring them into your market, learn tricks and techniques of manufacturing and become a global leader.
There was no reason why India could not create its home grown TikTok, WhatsApp , Twitter etc.
??? Really how much do you get paid to shill that hard
If you wouldn't mind reviewing https://news.ycombinator.com/newsguidelines.html and sticking to the rules when posting here, we'd be grateful.
Being poor doesn't mean a person doesn't have principles, just like being wealthy isn't correlated with having strong principles or morals.
That seems to be saying that despite having less, the poor are exercising a far more principled life.
They are saying poverty forces people, against their will, to break their moral codes and principles. It’s one of the worst things about the power dynamics of money: not being able to afford an iPhone is a laughably trivial concern compared to having to work instead of spending time with your children, when you know how much of an impact your absence will have on them, for example.
I was glad to read it as a pithy and sobering comment, even if I didn’t agree with the rest of the post.