China's drastic FDI decline, strained ties with India, Taiwan factor: Shekhar Gupta with Sana Hashmi
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- เผยแพร่เมื่อ 27 ก.พ. 2024
- Why is China witnessing a rapid decline in FDI trends, what is behind its call for 'reunification' with Taiwan and how Xi Jinping's aggressive policies are impacting Beijing's diplomatic and trade relations. In episode 1406 of #CutTheClutter, Editor-in-Chief Shekhar Gupta looks at all these questions and more in conversation with columnist Sana Hashmi.
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Read Sana Hashmi's column here : theprint.in/opinion/china-is-...
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Chapters:
05:40 - 'India-China relations have shifted from very friendly to very hostile'
06:59 - Aggressive Chinese policies has shifted focus back to Taiwan
09:07 - Chinese economic growth rate on a decline, foreign companies moving out
14:17 - FDI in China decreased by USD 120 billion in past 9 months
16:13 - 'No segregation between economics and politics in China'
22:10 - India-Taiwan trade relations on the rise
25:22 - Shifting US trade policies in China have impacted foreign investments
30:05 - 'China wants Taiwan to reunify, but Taiwan moving away from China & towards US, India'
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We URGENTLY need more voices like young Sana Hashmi to SPEAK UP, SPEAK OUT and EDUCATE us desis abt Taiwan. Also good to hear she's a 100% authentic Delhiite with firm roots in Old Delhi.
"Taiwan is also a China". Shekhar ji what happened to you? Even Taiwanese don't consider themselves as Chinese.
Whats the urgency?
Ok
@@iansmith8275 Taiwanese consider themselves ethnically Chinese.. even some aborigines.. But Politically they are forced to make a distinction..
Sana is one of the sane voices I see on twitter who is a regular crusader for deepening India-Taiwan ties.
Sana is right, China shows its people that all neighbors are bullies and hence keep an aggressive push towards neighbors and keep pushing its boundaries.
Funny, our government shows China as a friend and keeps importing from China..
Do you listen to "Lei's Real Talk" regularly? I highly recommend you do if you want to have a deep understanding of China. I know a lot more about China than what Sana talked about in this session because I follow Lei's channel regularly.
@@PanakaluPoonakam
Let's stop living in a small bubble.. and keep open minded and be pragmatic. Wishful thinking is not reality.
"Thank you Sana Hashmi, And for SG best suited is Mr John C. Maxwell, statment "A great leader is not threatened by the talent of his/her team, but rather sees it as an opportunity. They are surround themselves with the best people to complement their strengths ."
True, and I feel sorry to say that we mostly lack such people
So relieved that we have somebody fluent in Chinese. Gupta is so painstaking in recruiting and advancing a whole cadre of competence in Indian public life.
Is she fluent in Chinese? I dont think so.
@@Liboch Yeah, she's more "fluent" than Indians in Malaysia who go to Chinese schools for at least 6 years. Being in Chinese school obviously they know how to read and write in Mandarin.
@@vijayarajan3276 more fluent than those who studied in Chinese school? 🤣
@@Liboch is this the best you could come up with?
While China has made enormous progress, I find that Chinese underestimate India dramatically. It is somewhat of an optics problem given by slums and poverty in India.
Nice to see and hear someone whose columns I read with interest. ❤❤👍👍
This was really a great discussion!
Nice episode Sana very knowledgeable. Given lots of insight
Thank you for valueable insights
Today, China's productivity is nearly double that of India. While 45% of Indian workers are still in the highly unproductive agriculture sector, China has graduated even from simple, labour-intensive manufacturing to emerge, for example, as a dominant force in global car markets, especially in electric vehicles.
Ofc. When the govt here wants to bring farm laws, a section of farmers protest. Politics is keeping farmers poor. China started with the rural sector. Those were the first reforms it undertook 30 years back. We need political resolve to counter farmer mafia so that normal farmer can benefit
@@Anomander5622
To compete with the top economies of the world India needs to focus on Quality education and skilling of labor, on TOP priority.
@@mg.f.9023that's exactly what's holding China back too rn. Everyone studied for engineering & business administration & now there r no domain specialists like Agriculture or production management. Once U study & graduate U don't wanna go back to modernise the rural sector. U would rather take a corporate job & shift to a city. That's exactly what's happening in China rn & that's why there's approx 20% unemployment in Young graduates in China. That's why education shouldn't just be about STEM courses but also domain specific like production management & agriculture or even electrician,carpenter etc. that's exactly what Europe did & that's why they're much more developed than China rn. China's village & rural sector is even worse than Bihar. My Uncle went there & he said 1st of all u don't get permission to travel there unless it's with some local Chinese for some official work. He got permission through his buyer to go to the interiors & went there & he said it's the most dirtiest & filthiest place he saw anywhere in the world. That's why in China they recruit all these people & send them to big cities where they do almost bonded labour with 12 hour work shifts in manufacturing for 3 years, then r paid severance packages & sent back to their villages
@@mananmehta6910don't speak facts bro ... Ccp bots don't have counters for them
Then better forego democracy and adopt Dictatorship like China ; U have guarantee for freedom of speech but no guarantee for u r life after speech ;
SG is doing a phenomenal job in bringing forward such learned people like Sana!
Great work by Sana!
We need more Sana like scholars from India to study the Chinese. Congratulations to Sana on her achievements. Well done Sana- you r an inspiration. India is proud of you.
We need more such discussions on china. I feel Indian have very less knowledge about china & In our media we don't even talk china. We keep talking & discussing about Pakistan.
Sanaa is a true expert, and credit to SG for identifying the talent! Sanaa shows the difference being in the field of action makes to expertise on any topic.
Great episode. Thanks for your insights on a very important area 🙏🏼
Industrial raw material is a major part of import from China, low sulphur carbon is a major raw material is steel making, china is the cheapest source of that, simply no competition.
You are a lot more analytical than the "Chinese expert" Sana who said that since India is having huge trade deficit with China, China is not respecting the redline of India. She doesn't understand that most India's import from China are industrial components and then re-exported to the US, etc. That's why India has such a huge trade surplus with the US.
Very fine analysis by Sana
So happy to see you here, SH✨️🎉 keep soaring high 🙌🏻
Nice to hear about China from Sana but the point is - Why is Shekhar so much interested in travails of the Chinese economy? Even if FDI inflow is down by some hundred plus billion USD, it does not affect them much. The economy is 5 times that of India at over 16 trillion USD. And is not expected to grow at the rates experienced earlier. Problems of real estate sector are there in every other country in varying degrees of impact and China will take care of it in due course by initiating appropriate policy initiatives. Finally, if Chinese are indeed going down, why bother? Just wait and watch!!!
Maybe to learn cause we are trying to become next china.
Excellent insights.
China controls 95% of the production and supply of rare earth metals, integral to manufacturing magnets for electric vehicles (EVs) and wind farms, and this monopoly has allowed China to dictate prices and stir turmoil among end users through export controls.
geopolitical tensions between the West and China risk the reliable supply of rare earth minerals. If China persists with export restrictions, as it has with commodities like as germanium and graphite, supply could be further compromised.
Rare earths, a group of 17 elements used in various products including EVs, wind turbines, and consumer electronics due to their magnetic and electronic properties.
Not if West invades and liberates Tibet.
Good one.
Outstanding video. Learnt a lot. Kudos to Shekhar to give the floor to the expert. That shows that is a true professional who is seeking to learn and inform. I will follow her columns more regularly now.
Thank you for the kind words, and for appreciating and supporting our journalism. Do keep watching...best wishes, Shekhar
Good one, thank you.👍
Wonderful presentation
Insane content... all the gyaanis in India give gyaan on China, without any literature and this lady has just hit the target like crazy accurate! Awesome stuff!
Sana is sharp and articulated.
Nice information
A treat to listen to Sana . Great going young lady !
Shekhar Sir, we have seen many many cut the clutter episodes on China, however I believe this is the first time Sana has joined you. This is fantastic work, hope we get to see more of Sana at CTC going forward.
Brilliant.
SG please correct, Taiwan isn't china
Excellent conversation Shekhar and guest ! Get her more to the print dialogues ❤
We absolutely plan to do that. Thank you for watching and writing in, Rajiv...best wishes, Shekhar
Fantastic interview. ThePrint has found a balanced journalist or expert in Ms. Sana Hashim. From the looks of it, Xi Jingping seems to be the 'Aggregator General' of 'all things slowing down' in China.
Thank you Sanaji. It is a rare opportunity to get the views from a primary source (that too from India), on China.
Your analysis and views certainly improved my understanding about Taiwan/China and Chinese foreign policy dynamics.
Informed content- thanks for the episode 👍
Thank you, Anil, for watching and appreciating our journalism...best wishes, Shekhar
Lot of insights on China & Taiwan from Sana. Keep inviting her regularly.
We absolutely plan to do that. I'm glad you found the episode insightful. Thank you for watching and writing in, my friend...best wishes, Shekhar
Thanks
Dear Shivkumar,
Thank you for contributing to our journalism.
I dont understand sanghis keep asking about the Uyghur "persecution" in china. Uyghurs get jobs, made to focus on Chinese nationalism rather than their muslim identity. Isnt that what sanghis want from indian Muslims as well?
You’re such a tool. A literal waste of sperm
Who are these Sanghis? Is it UN?
This was something special 🎉
I think Taiwan reunification or even an Arunachal takeover is a pipe dream. The decline in FDI is also due to the fact that Chinese labor is not so cheap anymore. You also don't see a China FDI loss directly benefitting India because though Indian labor is cheap, we are still a very "red tape" country (Blame lies with the people; politicians are only reacting to people's demand of no land acquisition and activist hurdles). South East Asian countries are mostly benefitting from Chinese FDI exodus. That said, China is still the world's factory and a crucial cog of world growth.
India needs caste census nd mandir nd statues
Arunachal is nowhere in China's pipe dream even. Arunachal is a bargaining chip they're using to settle Ladakh, Kashmir & Aksai Chin. Aksai Chin has Uranium ores & that's exactly what China has sets it's eyes on & wants that. That's why they say if India accepts Aksai Chin to be a part of China they'll immediately agree that Arunachal is a part of India
For The Print, this has been the best week of covering various topics - quality-wise and comprehensiveness. Kudos
Happy to see Sana here with you SG. She has always voices for greater India - Taiwan relations. Welcome Sana to ctc !!
Excellent , she is so knowledgeable and good command of English, enjoyed very much
Great to hear Sana 's view point from Thaiwan. Need more of her ...
Shekhar with any expert
Beyond excellence
I would say unmatchable.
Very knowledgeable and helpful 👌 👍 👏
please make a
video about ongoing political scuffle in himachal pardesh
U forget a simple fact, China has most of the tech and hime companies investing within, like byd for example. They dont need FDI to the extent as in the past. Many companies did move out and have come back ..simply because of the work culture
Byd export more cars than Tesla
MG Motor UK Limited, trading as MG or MG Motor, is an automotive company headquartered in London, and owned by the Shanghai-based Chinese state-owned automaker SAIC Motor.
India looks like in a good spot in between competing great nations, on paper, but I think this is a bad position because it also pissed off many big nations around the world by playing too many sides. As for Taiwan and mainland China, with DPP in power in Taiwan that always belittles all mainlanders (a type of racism), not just the CCP, is heading toward unpleasantness.
We should stop caring about Chinese Red lines , time has come to pursue our interest unapologetically and improve relation with Taiwan .
Bro forgot we import 100 Billion dollar worth of goods from China 🥶
Bro you forgot thos 100 Billion we added another 100 Billion and export the finish goods 👍@@rajsimhamv9045
And how will cooperation with Taiwan and going against China will benefit Indians?
Instead of being emotional you should be practical. How much can India sell to 20 million Taiwan and how much can India sell to 1.4Billion Chinese.
@@nousername1587 How? Its not china that banned indian products. Its not china that formed military alliances with former colonizers against India.
And its china that invited India into brics, sco, bri, asean and many other economic cooperations. But India love to stick to its colonial masters.
Taiwan is not china SG. We know your funds come from china.
Excellent episode team print Sana Hashmi and SG, interesting, thought provoking and extremely compelling to listen to. Great work and as always compliments and best wishes.
Thank you for the kind words, my friend. It means a lot coming from our subscriber. I'm glad you liked this episode. Do keep watching and writing in...best wishes, Shekhar
Excellent presentation once again .
Proud of our Indian scholar Sana Hashmi based out in Taiwan .
great conversation. India needs more engagement with Taiwan, esp during this period of relative Chinese decline.
Kudos to Sana Hashmi who exhibits her repository of knowledge, prefers to call Taiwan a Thaiwan, she is competent enough to enlighten the audience with her authentic and trustable information regarding the internal political and economic scenario prevailing in the so-called People's Republic of China, once a sleeping opium giant but now a modern, vibrating, awakened and expansionist country. I am really impressed by her straight talk without mincing the words, is a rare columnist for The Print.
As India govt say china is our competitor but This attitude of banning china export to India is itself defeatist mindset of India govt it looks like we already accepted we can't succeed Indian export increase in competition with china export so don't let china succeed by using unfair tactics by banning export by this thinking one thing is clear competition make better of themselves defeatist attitude make stagnation frustrations of failure and incompetence
Hats off to Sana ! Proud of her !
Meanwhile Indian government departments warned the centre against arbitrarily increasing import duties on Chinese goods.
Shekhar: "I will let you talk a lot more". Of course, then proceeds to INTERRUPT ALL the f*ing time! 😀
typical SG style interview! Call an expert but demonstrate that he is knowledgeable!
Audio quality in print video is very poor
Especially if you want to appeal to a global audience
Thankfully SG sir is conducting this interview and not Jyoti Malhotra maam whooz constantly interrupting the speaker and not allowing them more time to do the talking as it should be
Wonderful to listen to Sana, giving great insights about China
Thank you for appreciating our journalism, my friend. I'm glad you liked this episode. Do keep watching and writing in...best wishes, Shekhar
India needs more scholars and SME like her
Nice interview! I wanted more on Western European, Australia and South East asian nations taken on the new China
Topic Choosen for M.Phil and PhD is very very Vertically
SG very aptly described her as a young person with domain knowledge about China. Thanks to the print for such a refreshing CTC
Thank you for the kind words, my friend. I'm glad you liked this episode. Do keep watching and writing in...best wishes, Shekhar
Sana shows good local insights...from Taiwan specific to China ..her indights on China seem to be derived from current events well known in public domain ..
SG check on Japan in 90s.. It's the same (post ww2) colonial tactics that's running now.
Indians like to Compare with China everyday, India have to compare with Bangladesh, Venezuela, Madagascar
Overall pretty good interview, but her views are basically Taiwan’s general view about PRC. This is much better than West, but also seriously biased to Taiwan And Anti-CCP.
The point is these views still not Right about PRC and could not correctly predict the Future actions and situation of PRC.
1) She confused the Net FDI flow with FDI Inflow, especially the industrial investment. The real story is that the Foreign Hot Money, like the stock investment, and some foreign labor-intensive companies did leave PRC AND caused the net FDI to always zero. But many high-tech foreign investment still pouring into PRC. This is the much important part.
2) The current government on Taiwan is Republic of China. So saying Taiwan is not part of China is Wrong! She knew this.
Thanks to sana hashmi for her wonderful insights.
Instead of only writing columns, she should make 5-10 mits videos or interactive setions like this are more useful on china issues.
Thank you for watching and writing in, Harsh. Sana does have a video offering. It is called Eye on China. Do watch when you can...best wishes, Shekhar
I was surprised there was no mention of the local population of Taiwan who have a different language and culture from China who were sidelined by the fleeing Chiang Kai Shek and the KMT in 1949
And shekhar again attempted today-yesterday-tomorrow analogy😂
This was a great session.. thanks Print.
If China underestimates India then it is good for us. We in turn should never let our guard down because it is high time we start giving more priority to our northern neighbor compared to the western one.
Shekhar sir..
Taiwan is a separate country...why call it china or Taipei... why toe Chinese communist party line..
1. China is working purely in its own interest, and from a nationalist perspective, they are doing a pretty good job for themselves.
2. The world seeing China as hostile confirms the growing clout and power of China. Indian opinion on Taiwan is irrelevant and carries zero weight aside from some editorial content in some newspapers .
3. Taiwan remains a distant subject for Indian policymakers. Nepal and Bhutan hold more significance for India than Taiwan. Taiwanese also do not see India as a significant ally; the US remains Taiwan's primary partner.
4. The economy and FDI are always flexible with fluctuating graphs. Chinese companies have grown stronger and are becoming multinational corporations. It is short-sighted to measure China's manufacturing strength solely based on foreign firms' competitiveness against Chinese companies or FDI.
5. The Chinese government has directly invested in taking China to the next level, while Indian govt. companies like BHEL/BEL are constrained by government policies.
6. Indian private sectors have strategic business tie-ups with East Asia, with over 20,000 collaborations between Korean and Japanese businesses. While collaboration of Taiwanese companies with India is not even 1000
7. Taiwanese investments heavily in China, and many opinions here underestimate the real situation. Bringing in a Taiwanese perspective could provide a clearer understanding. Taiwanese are aware of China's hostile attitude towards the USA.
8. FDI is no longer a necessity for China, and relying on FDI data alone does not accurately depict China's current situation. Speaking to Indian businesses that frequently operate in China can offer a more realistic view.
9. Taiwanese are only curious about India and not interested in a substantial relationship due to considering India an unreliable market. Business data supports this viewpoint. For instance, managerial staff in Foxconn factories in India are mainly mainland Chinese citizens.
10. Is China's economy declining? This question requires clarification about the specific perspective from which the decline is being assessed. FDI data is irrelevant .
11. India should consider navigating Taiwan-related policies based on its own interests.
12. There are ZERO direct flights between India & Taiwan. Thus demonstrates the value of Taiwan India Relationship.
Shekhar, you probably meant “leverage” and not “cleavage” around 10:40 😅
lmaoooo xD
A cleavage between two people or things is a division or disagreement between them.
Shekhar was right in using the word
Thank you.. while I understand your concern I do in fact mean to say cleavage. It means a space or divide between people or nations in this case…pls check out Webster’s or any other dictionary! Shekhar…
I think this episode lacks the depth one would expect from a domain expert. I would have loved to hear specifics and details and perhaps some disagreements also in this episode. I am quite fond of most things The Print does and therefore I feel a constructive criticism is my 2 cents to help it improve
Mr Gupta , please do not say “Taiwan is China.” Even GOI doesn’t emphasize it anymore. And you should have NO compulsion to repeat it.
You said so in the beginning.
To be brutally honest, on China we haven't recieved any wisdom from Guptaji. For example, Chinese real estate has been the focus of media after EverGrande started to fold. But going back 6-8 years there were genuine well meaning China watchers (who oppose Chinese state propaganda), dissidents and economists talking about it. Folks traveling form one "ghost towns" to another recording everything on video while wondering why more such towns are being built. International media perhaps even the ones Guptaji is biased towards never talked about it or other Chinese issues back then.
Is it 'Loha garam hai maar do hathauda" moment for america, in chinese perspective.
whatever you say about Modi/BJP , one thing was pretty ODD- they have no objections or plan or strong stance to China ? Why is that is still not clear to anybody
Taiwan is not China, even if it had been colonised by people of chinese origin after their civil war.
She sounds like a high school student in a debate class.
Sir, we know all the Disclaimer by heart by now. Go ahead and make the show.
What extra information are both of you providing. These are all known facts. Come on I was expecting something in greater detail.
She says in one sentence that they are a perfect democracy only to say a minute later that social media is controlled by the government! No wonder she had to repeat around 10 times at the beginning that she's a "scholar" .
That aside, a good discussion, but nothing new that Shekharji hadn't already covered in his individual CTCs
She is definately an Asset for india
Factory moving out of china, is sure sigh that china is becoming a rich and develope countries.
Isnt the biggest Indian red line with china is china building CPEC through POK? Which is Indian territory?
Hello. Very nice video ❤❤❤❤❤.
In the next videos, can you please cover if a nuclear world war is inevitable and if india is prepared for the same considering 2 of our neighbors are nuclear powers and have different nuclear doctrines?
Let's be real, the odds of a full blown nuclear war, anywhere on the planet, are pretty much non-existent. We live in a time where any such step is a step in the direction of Mutually Assured Destruction. There may be other kinds of wars but never a nuclear war.
I believe other than what AUKUS and QUAD has done is to calculate them as variable for a clean win and avoid being Russia.
Russia could navigate or is still navigating because of its dependence and geography but China now with passing time could not reap such benifits.
Only way china could do it when they become replacement for tsmc and that Taiwan is giving to no one because that's their criyptonite.
I have been to china and met lots of locals and got to know about china from a locals perspective. China is atleast 20-25 years ahead of us that too if india grows at double digit . A local Stock market expert told me that China's growth is based on debt and the day west decides to stop China their economy will collapse. Shekhar used to say Indian economy in a lot smaller than chinese and we'll never catch up with them. I always knew shekar will be proved wrong within next 20- 30 years😂
10:50, 60 trying to be 20 with a cheap metaphor. Not against any linguistic barriers but sure not an appropriate place and diehard need to use it....