India India - China Relations

Jagdflieger

Contributor
Messages
496
Reactions
282
Nation of residence
China
Nation of origin
Germany
Why? You cant do that from china?

Few Indian private cement companies used singapore banks as feeders to trade with Russia which intern used yaun mechanism as a temporary measure until Ind-russ mechanism is fully established in india. Doesnt mean india - Russia trade has gone yaun.
Your question was: Where does it say India using Yuan to trade with Russia?
My answer: check google

If you only pick out the cement-maker story - your choice
 

Paro

Well-known member
Messages
368
Reactions
538
Nation of residence
India
Your question was: Where does it say India using Yuan to trade with Russia?
My answer: check google

If you only pick out the cement-maker story - your choice
You can post the article yourself if you want to prove a point supporting the above claim.
 

Paro

Well-known member
Messages
368
Reactions
538
Nation of residence
India
I don't need to proof anything in that regard - you asked, and you got a clear answer.
Burden of proof remains with the person who claims. I didn’t make tall claims that india russia trade in yaun.

still searching?
 
Last edited:

Jagdflieger

Contributor
Messages
496
Reactions
282
Nation of residence
China
Nation of origin
Germany
Burden of proof remains with the person who claims. I didn’t make tall claims that india russia trade in yaun.

still searching?
Your question was: Where does it say India using Yuan to trade with Russia?
My answer: check google

If you only pick out the cement-maker story - your choice
 

Paro

Well-known member
Messages
368
Reactions
538
Nation of residence
India
Your question was: Where does it say India using Yuan to trade with Russia?
My answer: check google

If you only pick out the cement-maker story - your choice
So your a ccp bot?

how does it work? You press a button and the same message goes as reply to all your fellow bot claims?
 

Paro

Well-known member
Messages
368
Reactions
538
Nation of residence
India

Chinese lenders could fall into a technical default if direct and secondary sanctions prevented them from making payments or transfers, or from doing foreign exchange involving dollars, according to the note. This "severe-impact scenario" would cause defaults irrespective of lenders' own liquidity and financial buffers.
 

Viva_vietnamm

Contributor
Moderator
Vietnam Moderator
Messages
556
Reactions
2 454
Nation of residence
Vietnam
Nation of origin
Vietnam
lOl, you first claimed that China is suffering labor shortage and won't be able to find enough workers and now claim that people in China can't find jobs, you always contradict yourself.

Unemployment is a worldwide problem, China , as the world biggest manufacturer, by and large, fares better than most countries.
View attachment 46054
LOL , When did I say "China is suffering labor shortage" ??

------------------

Some Economists Question Strength of China’s Labor Market​

Official statistics suggest the unemployment rate has barely ticked up since the start of the pandemic, but the data fail to account for large parts of the population​

im-188703

Migrant workers looking for jobs at a building-materials market in Beijing.​






As China’s employment situation deteriorated this year, Chinese officials provided a one-time set of figures on people who were employed but not really working, though they didn’t elaborate on how the information was gathered. The statistics bureau said 3.5% of people in cities were “employed but not working” in April, down from 18.3% in March.

Most economists believe the number of people unwillingly working part time is likely greater, or not captured in this data.

In central Hubei province, 31-year-old Chen Xiaomo said her tea shop inside a scenic site near the Three Gorges Dam had suffered a dearth of visitors since the coronavirus spread. No longer able to turn a profit, Ms. Chen decided to close her store for half the week rather than operate full-time.

“The whole site here used to provide income for the local community,” she said. “Compared to before, it is night and day.”

SHARE YOUR THOUGHTS

Will the job market recover faster for China or the U.S.? Join the conversation below.

The situation is also affecting higher-income families. In Beijing, 36-year-old Fang Yin said she gave up on finding work this April when an internet firm she worked for downsized. Trying to find a new job in an economic downturn felt futile, she said.

Although she got a buyout with three months of salary, and her husband still has his job, they decided to cut costs. They have stopped eating out and don’t plan to take their two daughters on international trips this year, instead going to a local wildlife park recently.

“Spending has been downshifted to the basics, which isn’t much,” she said.

Modern China has suffered two drastic hits to its labor market. Economic changes in the 1990s led to a wave of layoffs at state-owned enterprises, sparking protests, including in northeast China’s industrial Rust Belt. In 2008, the global downturn hit China’s export sector, with at least 20 million migrant workers in the manufacturing-reliant southeast losing jobs, according to official figures.

In those episodes, losses were mostly contained and China’s economy quickly rebounded, giving rise to new opportunities.

Today, with authorities worried about debt and overheating home prices, Beijing has less ability to stimulate its economy to create jobs.

“I think it is at least as challenging as the global financial crisis, perhaps more so,” said Nicholas R. Lardy, a China expert at the Peterson Institute for International Economics. “They’re in a much more constrained position because debt-to-GDP is much higher.”

Factories have been relocating to Southeast Asia and other countries with cheaper labor than China. Depending on how the rest of the world recovers from the coronavirus, economists estimate China could lose anywhere from 11 million to 27 million export-related job

But unlike China, the U.S. counts as unemployed some people not working any hours even while technically employed. The U.S. also has a wider array of monthly statistics than China does to reflect such people.

Chen Xingdong, a China economist at BNP Paribas, estimates that once everyone is factored in, as many as 132 million Chinese workers were at one point unemployed, temporarily displaced or furloughed this year—or about 30% of China’s urban workforce. He says it is fair to count displaced migrants as unemployed because farming isn’t really viable for many of them once they have ventured out into cities.

“From an economic point of view, I don’t think those people will work on the land,” Mr. Chen said. “I see them as having no income, no job.”

Feng Weibing, a 51-year-old who has been struggling to find work on interior-decoration projects in Beijing, agrees. While he has land in rural Jiangsu province, he said, “There is no way we can make a living as farmers.

 
Last edited:

Nilgiri

Experienced member
Moderator
Aviation Specialist
Messages
9,184
Reactions
93 18,598
Nation of residence
Canada
Nation of origin
India
 

Nilgiri

Experienced member
Moderator
Aviation Specialist
Messages
9,184
Reactions
93 18,598
Nation of residence
Canada
Nation of origin
India
I have been saying for quite some time now that more of (relevant parts of) Indian defence establishment from top to bottom needs to learn Mandarin.

Glad it among other things was brought up here, well worth watching for IND-PRC-ROC watchers.

 

Jackdaws

Experienced member
Messages
2,757
Reactions
1 1,579
Nation of residence
India
Nation of origin
India
India has increased engagement with Tibetans with the idea that if China wouldn't respect Indian concerns, India too wouldn't respect China's sensitivities


Earlier, the Dalai Lama was in Ladakh for a month, where he met top Indian officials and engaged with the Indian military as well. The engagements were significant as they took place in the midst of the ongoing India-China stand-off in Ladakh, which China claims as part of its own territory.



See article for full info
 

Jackdaws

Experienced member
Messages
2,757
Reactions
1 1,579
Nation of residence
India
Nation of origin
India


Tibetan refugees in India celebrated the 62nd anniversary of Tibetan Democracy Day on Friday under the photo of His Holiness the 14th Dalai Lama. It was on this day, six decades ago that the inauguration of the Tibetan government-in-exile took place.



Pics available of celebration on link above.
 

Jackdaws

Experienced member
Messages
2,757
Reactions
1 1,579
Nation of residence
India
Nation of origin
India
New Delhi:
A Chinese woman suspected of spying has been arrested from a Tibetan refugee settlement in north Delhi, the police said today.

Her identity papers showed her name as Dolma Lama, with an address in Nepal's capital Kathmandu, the police said, adding her real name is Cai Ruo.

The police said she has been living at Majnu Ka Tilla, a Tibetan refugee colony that is also popular with tourists near Delhi University's north campus.

She has been living under the disguise of a Buddhist monk, wearing a traditional deep red monk robe, with a short haircut.

The police said they checked her records with the Foreigners Regional Registration Officer, or FRRO, and found that Cai Ruo came to India in 2019 using a Chinese passport.

During questioning, the police said she claimed that some leaders in China's Communist Party wanted to kill her.

She knows three languages - English, Mandarin and Nepali.

Link

 

Follow us on social media

Top Bottom