Re:Facebook Takes $5.7B Stake in India’s Jio
by dntbnmpls on Wednesday April 22, 2020 @06:51PM
(#22951060)
The anti-china propaganda is so self-unaware. In a post about Zuckerburg investing $5.7 billion, china is the "financial colonist". The saddest aspect of the anti-china propagandist is that they are actually arguing china's point. China limits foreign investment precisely because of "financial colonialism". So you are in fact praising china and saying india should be like china. Almost all of the world's FDI is non-chinese. Most of the world's FDI is from europe.
Re:Facebook Takes $5.7B Stake in India’s Jio
by econcon on Wednesday April 22, 2020 @06:18AM
(#22944050)
It can't colonise India we've nukes.
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.
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...