India refused to join BRI using Pakistan as an excuse, not wanting the route traversing India to go through Pakistan. China's plan was to build roads and rails cutting through India from Myanmar, through Pakistan to Iran and onwards to the Middle East.
What if India turnaround and tell China it is willing to join the BRI? Who is going to build the roads and rails in India? Would China dare to build the roads and rails for high speed trains to pass through India? Given the experience of Japan's high speed train project in India, and the experience of Xiaomi and other Chinese companies in India, unless India intends to build its own road and rails, it is questionable if China would want to offer to build them. This is as good as China voluntarily offer to build high speed trains for India in India that it now sees as a treacherous place to do business.
For BRI, China is very tempted to build rails and roads in India. It was innocent enough to bid for the Indian high speed train, but with the grace of providence, ended in the hands of Japan, a dear friend of India. Now the cunning Japanese and sneaky Indians are fighting it out to get the best out of this bizarre high speed train project that would never see daylight in another 100 years. What had happened or is happening in this project is a good lesson for China.
India's modus operandi is to hang a big carrot to lure an innocent party into India, with promises of great potential for growth. It is true that India looks like a great potential for development and to make profits from investment. The reality is a nightmare once an investor stepped into India and sank in the money. It would become a pool of quicksand, never able to pull out alive. The initial contract is only a beginning. It would become an unending contract of changes and amendments once the investors have put in enough money and pulling out of the deal would mean big losses. India would make all kinds of demands outside and above the contracts making it very unbearable and unacceptable for the investors. Japan is getting a big taste of the Indian medicine. The investor would now become the prey to be eaten alive by India.
This is like the proverbial story of pretending to be a pig awaiting to eat the tiger. Some third world countries also think this is a good tactic to learn from India. After a major project is near completion, or the investors cannot pull out anymore, make all kinds of unreasonable demands to rip the investor apart. This kind of childish ploy can be used only once. As once used, the credibility of the party is gone forever. Xiaomi and several Chinese companies are good examples. They thought with goodwill and sincerity, they could invest in India on a win win formula. But a snake is a snake. Trusting a snake must be prepared to be bitten by the snake. They asked for it.
It may be a bit late. But after learning this bitter and painful lesson, all Chinese companies are packing up to leave India. No more business in India or with India, unless it is on COD basis. You can only cheat a person once. Caveat, there are willing suckers that would want to be cheated over and over again, but pretend that all is well, not cheated, never been cheated, and will make money in the long, long run, when everyone involved is dead and gone.
So, would China dare to build rails and roads in India for India should India come with a big smile and say it wants to join the BRI? Maybe, on COD terms, cash out front, like BYD. Building such infrastructure without collecting money first, worse, lending money to India, is unimaginably stupid to do so. Not just to India, but to unreliable and unpredictable third world countries. The stupid would always part with their money and wealth very quickly, if they choose to be stupid not to learn from the painful lessons of others.
With the attitude and unreliable behaviour of India, India would never be invited to join the BRI again. It was sheer good luck that India chose not to be in. Nothing is lost without India's participation in BRI.
There is no shortage of sucker in the world..cecaland tomasick will be throwing billion of sinkies money to help it indian motherland for the next few years
ReplyDeleteIt seem to be successful.never heard
DeleteAssets has been frozen.I think other
big investors should learn from us
If we keep throwing money into India to support theIndian economy...
ReplyDeleteIf we keep on creating jobs for Indians, to employ their jobless, to solve their unemployment problems...
India will repay us one day, hopefully in 100 years time.
In the meantime they will send their unemployed talents to take up employments that our no talent PMETs cannot do, and also help to prop up our rental market and property prices.
Hi Anon 9.59
ReplyDeleteNo need 100 years to take over.
Next five years Singkapore will be Indiapore.
Most of the Top Appointment and Jobs are already in their Hands.
Sinkies Chinkees will be like the Mats Chinkees.
What's a joke! Mats Chinkees ruled by the Mats and Sinkies Chinkees ruled by the Indians.
SinkieLand is the greatest supporter of the 'Indian Moperandi'
ReplyDeleteIf India joins BRI, it will be a disaster in the making for the grouping. It is a blessing in disguise that India opted out itself, and should never be allowed in. It does not smell good for the BRI, knowing that India is playing for keeps, wanting the cake and eat it as well.
ReplyDeleteIndia had already been offered membership of the USA backed 'Partnership for Global Infrastructure and Investment' plan (PGII) with a US$600 billion budget (of which US$200 billion is to be contributed by the USA). Many have cast aspersion at the meagre US$600 billion plan for 'global' infrastructure, that is being compared to the US$4 trillion already invested in the BRI projects. Is the PGII a Lego project? In that case US$600 billion would be an out of this world investment.
Fact is, India has calculated what could US$600 billion do to global infrastructure, compared to US$4 trillion? It is just a drop in the ocean. India is still calculating. Moreover this idea was floated by the G7 member states and the main benficiaries will ultimately be the Anglo Saxon White countries. Bear in mind that the USA could not even fund its own failing infrastructure renewal at home, so why spend US$200 billion that has no benefit to itself. But, never mind, barely conscious Junkie Joe will leave office soon, so what is a promise after all. They say promises are always meant to be broken.
India could again be used to play the Trojan Horse by being coaxed to join the PGII first, then applying for membership of the BRI. India is not even in the G7, so why is India instrumental for the PGII? To counter China of course! What happens with India in the BRICS and the QUAD already sent a clear message to the other founding members of BRICS. Let not this happen again to the BRI, knowing the PGII's intention is to compete with the BRI.
Aiya, the UAssA can shouted and boasted how many billions and Trillions. Just hot airs.
ReplyDeleteThey are going to be Papuers soon without their printing of their no value fiat currency.
Just wait and laugh
Cheers
India can play a big role in PGII. It can contribute 400b rupees, provide workers for the projects, build railways and high speed trains and bridges. India has all the experiences to do it. Cheap, good and efficient.
ReplyDeleteThe PGII already started in Junkie Joe's dementia mind. A railroad across the Pacific to join some project in the Indian Ocean, presumably to go into India. Boy, that was big!
ReplyDelete'I like it when the plan falls into place' to quote John Hannibal Smith, played by George Peppard in The A-Team.
The Indians can then take a train to America, for free if they hang outside the trains.
ReplyDeleteIt is already seen by many that India is being used more and more by the USA to be another pawn cultivated to contain China. China knows it, the world knows it, but only the Indians have yet to know it or pretending not to know it. India may be good in playing both sides, but eventually will regret just like those countries that had been used by the USA, and than discarded or destroyed when their usefulness is over.
ReplyDeleteWhatever alliances or treaties that the USA signs with any country is all for the interest of the USA, nothing more nothing less. Enemies just have to strengthen themselves militarily for whatever the USA is planning, while friends may yet end in more fatal ways, by letting their guards down and being blindly lead to the abatoir for slaughter later on.
Yes, the USA is not going to condemn the Modi Government's treatment of the Muslims in India the same way they accused China's treatment of the Uyghurs. Neither will it now condemn the ethnic/religious conflict now erupting in Manipur, between majority Meitei Hindus and the largely Christian Kukis, a group which had been suppressed and mistreated by the Hindu Government. In return the Modi Government had to tow the USA line, just like the Philippines and PNG, and the USA Government is now demanding a base in India for logistics to support their confrontation with China.
BRICS has to take a stand now with India in the process of hosting USA naval and logistical facilities. Most people commenting on this issue are of the opinion that India cannot be allowed to remain inside BRICS and a way must be found to remove the Trojan Horse that is already doing the damage.
https://youtu.be/wJE7Lpz_-Yc
ReplyDelete2000 companies leaving India