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Q.

Is China's growing dominance in the global trade a matter of concern for India and US? Your views?

Tags: india, money, china
Asked by Good Citizen, 08 Nov '10 01:04 pm
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Answers (6)

 
1.

1) It is true but ironic that the champions of free trade like the U.S.A. and India have not been able to compete with China as far as trade is concerned.
2) China s success story did not happen overnight. Several decades ago, it realized that U.S.A. was its greatest threat to its national security. Instead of crying hoarse, it assiduously worked hard to replicate the same strategy of U.S.A. in every sphere. China always believed that the economic power is the way to military power and not vice versa. Unlike India, China did not have time and patience for excuses like sloth, mediocrity, incompetence, corruption etc. For several decades, it toiled hard to produce goods and services that even the poorest countries could afford. In a strange way, it democratized the international trade where people from the bottom of the heap could afford to buy and enjoy life according to their economic status. Compare this to sky high prices of American goods and shoddy Indian goods.
3) In a perfect ...more
Answered by Tony Fernandez, 08 Nov '10 05:36 pm

 
  
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2.

Certainly yes . By 2020 China and India will match equal to US . India alongside US will have better chance to play a decisive role in world economy , clean energy , science and technology , and global peace and security bcoz of availability of state of the art knowhow and technology . By 2013 India will take over china in GDP growth and US is aware of India's potential to become a real super power and could be a good match for Chinese supremacy in any field . This is the reason US is all praise for India and making a trusted ally .
Answered by sk singh, 08 Nov '10 03:08 pm

 
  
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3.

S obusly it is the matter of concern were here the trade market goes down bcoz whatever trade and tecnology is used by china will be defenitly affected to indian trade market for example:recent crackers may b the matter indian have given the add that china's or japan's cracker's are more harmfull but the trade took place in india whereas if it goes like that shivakasi will take the drawback of crackers co.,
Answered by Muralidhar krishnamurthy, 08 Nov '10 01:08 pm

 
  
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4.

Yes , China is a treat to Asian peace and a challenge to India unless U S should take serious moves to recognize India as a reliable ally and back India's membership in U N Security Council and come out tangible defense synergy to check mate china ,as many counties in Asia including Australia are realizing the importance to check China's future aggressive strategies .China's smaller neighbors have grown steadily concerned about what they perceive as bullying from Beijing as it expands its influence and seeks to assert authority over large swaths of disputed maritime territory. Japan, Vietnam, the Philippines and others have competing claims with China over islands in the East and South China Seas.It is High time to show concerted co operation in Defense to establish unified formidable built up against China
Answered by venkatesaldevarajan, 08 Nov '10 01:08 pm

 
  
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5.

Certainly yes
Answered by dhanendra kumar jain, 08 Nov '10 02:25 pm

 
  
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6.

If we are sleeping then it would be a threat... if we respond pregressively , for eg: by using our global accessibility and upper hand in software, we can compete china
Answered by Kurian Chacko, 08 Nov '10 01:19 pm

 
  
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