Indian way of doing business...like Indian rope trick

 Japan is caught in the Indian rope trick and unable to extricate itself. That high- speed rail project had problems right from the start. The Indians insisted on using Indian steel, after the agreement was signed, which were inferior to Japanese steel and unsuitable, and gave the Japanese contractors a big Indian headache.

The acquisition of land was another problem that resulted in all the delays and adding to the cost that is piling up. The Japanese are already losing their pants now, and if construction delay compensation is figured in the contract, the Japanese are going to lose their underpants as well. They will find themselves naked in front of the world, for a project that was touted to be a walk in the park for the Japanese high speed railway construction expertise. It was indeed a blessing in disguise that China lost the tender for the project, otherwise China will be in the shoes of the Japanese right now.

Will the Japs just abandon the project like in other places? China must never take over such abandoned projects as they are just time bombs. They will blame China for the whole project if it does not measure up and refused to pay or ask for a huge price reduction. This is the Indian way of doing business.

Anonymous