Comments on: Trade should leave China and India both winners Mon, 26 Sep 2016 03:26:00 +0000 hourly 1 By: Liorpari Thu, 16 Dec 2010 03:51:51 +0000 I fail to understand how these two countries do not simply put their conflicts behind in sake of their own personal development. It is obvious that strong ties between these mega-nations will only help them grow stronger.

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By: bokababu Wed, 15 Dec 2010 19:12:23 +0000 Well that’s the same argument put forward when USA and China signed their free trade agreement.
Today the trade imbalance is ever growing and all traditional GDP calcs are thrown out asking for better ( fudged calc in demand ) to display that decision was not bad.

Its equitable as long there is true free ecomony , not when one side controls the yuan and we have to free it to market forces.
We do not want to be the second case of Thailand and ASEAN counties including south korea which was in the brink of economic disaster not so far off.

A free trade agreement with China is as good as giving up all Indian autonomy in economic affairs and when they have thier own paid goons in the form on Communist party of India in our land and who in late 60’s even vouched China’s chairman is theirs too..

By: mgunn Wed, 15 Dec 2010 19:06:04 +0000 While I agree with the gist of this article, it does include some misconceptions. The yuan has and continues to appreciate, though never enough to satisfy scapegoating critics. The evolution of controlled currencies was to prevent currency runs, and if left to western speculators Asian economies including India would’ve been left in ruin from the 1997 Asian Financial Crisis. It was china that forcefully fought the speculators and brought stability to the region and it continues to be china that helps power the regions’ growth. Regarding the border war 50 years ago, tensions could be reduced dramatically but it is difficult to get a vibrant democracy to negotiate because hawks within the country will always accuse the deal of being soft and the media follow suit (with more impressive headlines to talk of disputes and exaggerated incursions than peace and agreements). It appears as if the chinese have been sincerely negotiating border disputes with many neighbors and realize the folly of military spending versus economic growth. And finally bilateral trade measurements are terrible for assessing true global trade and overall deficits and surpluses and whether such trade is beneficial or not. Example: china has trade deficits with several OPEC and asian countries but the commerce with these countries is nonetheless beneficial to both.

By: Jocomus Wed, 15 Dec 2010 17:36:01 +0000 Chinese premier Wen once suggested India’s software in combination with China’s hardware shall make up the invincible win-win scenario. We hope one day this vision will come into reality with a free trade pact between the two countries.

By: biztru Wed, 15 Dec 2010 11:18:46 +0000 Free trade should be the order of the day more so between India and China. They should set an example of how free trade works. If they can give more credence to free trade, show the world how they make it work and then get the world to follow their steps, that will be really good. Otherwise just trade. No point beating empty tin cans – make plenty of noise, din but zero in substance.