What is leading to India’s widening trade deficit with China? Find out what this SBI report says
India’s trade deficit with China expanded to $51.11 billion in FY17, and further to $62.94 billion in FY18, from $38.72 billion in FY13, says an SBI country wrap report.
While the demand for Indian goods has been on a decline in the Chinese market, India’s increasing dependence on China for items such as electric equipment, machines, medical and surgical instruments and fertilizers, among others, is widening India’s trade deficit with the country, a report said on Monday. Huge imports of Chinese goods by India has made China the country’s largest trade partner, according to an SBI ‘Country Wrap’ report.
Other top imports from China include organic chemicals, plastic, ships and boats, iron and steel, and optical photographic. The report said that in FY17, while exports to China fell to $10.17 billion compared to $13.53 billion in FY13, India’s dependence on Chinese goods in FY17 surged to $61.28 billion from $52.25 billion in FY13. Thus, India’s trade deficit with China expanded to $51.11 billion in FY17 from $38.72 billion in FY13. In addition, data showed that the trade deficit further widened to $62.94 billion in FY18.
Interestingly, rising imports has made China the largest trade partner of India. In terms of exports, India’s top trading partner is the US to which it exported $42 billion in FY17 as compared to only $10 billion to China. “Trade between India and China has experienced a slowdown in the past few years. Structural transformation of China led to decline in demand for our exports,” said the report.
Although there has been a decline in China’s import of goods from India, certain items like ores, cotton, organic chemicals mineral fuels copper, iron and steel, nuclear reactor and mechanical appliances, electrical machinery and plastic are still there in the list of top export items from India to China, the report said.
https://www.financialexpress.com/economy/what-is-leading-to-indias-widening-trade-deficit-with-china-find-out-what-this-sbi-report-says/1192832/ (https://www.financialexpress.com/economy/what-is-leading-to-indias-widening-trade-deficit-with-china-find-out-what-this-sbi-report-says/1192832/)
It is Tibetans' own arrogance that cost them their country. When China landed in Tibet in 1959, Tibetans could not defend themselves and no country wanted to help them as Tibetans were so arrogant.
What's sad is that arrogance still continues to this day. For a government-in-exile without an actual country, they should think about being humble and be friends with everyone. Pretty dumb to think that their anti-China sentiments will win them allies. Or get them anywhere.
Well said, I couldn't agree with you more. How on earth do they think that shouting negativities on China will get them their country back? If it is a good strategy, they would have gotten their country back years ago? Why didn't anyone/any country help them then? It will also be same now and even tougher now when Xi is making allies with the entire world.
It is Tibetans' own arrogance that cost them their country. When China landed in Tibet in 1959, Tibetans could not defend themselves and no country wanted to help them as Tibetans were so arrogant.
What's sad is that arrogance still continues to this day. For a government-in-exile without an actual country, they should think about being humble and be friends with everyone. Pretty dumb to think that their anti-China sentiments will win them allies. Or get them anywhere.
Arrogant has caused the Tibetan lost their country, it has also caused to them lose their friendship with India. The Indian government has advised the officials not to attend public events organised by the CTA. The Thank You India event was a disaster, the CTA was made to move the event to Dharamsala and high officials were told by the Indian government not to attend.
Why after 60 years living in India the Tibetans have not created a closer bond with India? It must be due to their arrogance, thinking they deserve what India is giving them. When there was a protest against the Tibetans and when the Dalai Lama made negative comments on India's politics, the CTA did not apologise immediately, they just kept quiet. They don't even try to make an effort to improve their relationship with the Indians.
Apart from being arrogant to the Indians, the CTA is also very arrogant to China. Until today, they have not had a dialogue with China, they also don't have the intention to establish a better relationship with China. Everything the CTA does is to benefit themselves. Their loyalty to the Dalai Lama and the Tibetans is non-existent. If they really want India to still welcome them and the Dalai Lama's wishes to be fulfilled, they really should put down the gun.
Arrogant has caused the Tibetan lost their country, it has also caused to them lose their friendship with India. The Indian government has advised the officials not to attend public events organised by the CTA. The Thank You India event was a disaster, the CTA was made to move the event to Dharamsala and high officials were told by the Indian government not to attend.
Why after 60 years living in India the Tibetans have not created a closer bond with India? It must be due to their arrogance, thinking they deserve what India is giving them. When there was a protest against the Tibetans and when the Dalai Lama made negative comments on India's politics, the CTA did not apologise immediately, they just kept quiet. They don't even try to make an effort to improve their relationship with the Indians.
Apart from being arrogant to the Indians, the CTA is also very arrogant to China. Until today, they have not had a dialogue with China, they also don't have the intention to establish a better relationship with China. Everything the CTA does is to benefit themselves. Their loyalty to the Dalai Lama and the Tibetans is non-existent. If they really want India to still welcome them and the Dalai Lama's wishes to be fulfilled, they really should put down the gun.
The CTA does not have meeting China due to their lack of ability in proving their worth in the last 60 years. In addition to that, they went around the world criticizing China, their policies and their way of doing things. They do their Chinese rhetoric in order to mooch money from others.
They use India to get what they wanted: freedom to travel, taxfree, luxury lifestyle and etc. India is just a doormat for them, they never show appreciation and launch the Thank You Indian event using India's resources to look good.Everything about the CTA is a fraud.
The CTA does not have meeting China due to their lack of ability in proving their worth in the last 60 years. In addition to that, they went around the world criticizing China, their policies and their way of doing things. They do their Chinese rhetoric in order to mooch money from others.
They use India to get what they wanted: freedom to travel, taxfree, luxury lifestyle and etc. India is just a doormat for them, they never show appreciation and launch the Thank You Indian event using India's resources to look good.Everything about the CTA is a fraud.
I would say the CTA does not have meeting China because they are NOT EVEN RECOGNISED BY CHINA as a LEGIT GOVERNMENT. They do not even acknowledge that sleazy egoistical Lobsay Sangay. As soon as Dalai Lama returns to Tibet, the CTA will even more insignificant.
And at the rate they're going around and how Sangay is touring Europe and still criticizing China, they will never find a solution with China. This goes to show that they a not for the people but more for their pockets. If Tibetans would like to fulfil H.H. the Dalai Lama's wish to return to Tibet, they should really stop all Rangzen movement and stay quiet.
CTA is really stupid to think they are actually somebody and they can play around with China with their silly tricks. They are a government that formed in another country and governing their people in exile. They are lucky that India is so kind to even allow such silliness to take places in the first place. India has every right to deny them from forming CTA.
It is actually surprising for them to actually think that they are very important in the world and they have a chance against China. They have no chance against China from the start of the 60 years of refugee until now. China has a firm grip on Tibet and they will never let go of Tibet. They won't do it now nor 50 years ahead of time as predicted by Mr. Lobsang Sangay.
Tibet is actually a very small problem compared to other problems that China is facing now such as the trade war. It is very insignificant and only the Tibetans are making a big deal out of it. It is common for stronger countries to take over weaker countries in history and that is just the way it is. Due to their corruption, they won't be able to protect their own country. They have no one to blame except themselves.
The Chinese government doesn't really trust the Dalai Lama or the CTA. For the past 60 years they have been making troubles for China, condemning China and suddenly they want to become friends? It is hard to believe.
Even though the CTA says they want to go for the Middle Way Approach, asking for only autonomous status from China, but what have the CTA done to gain trust from China? They have not even had one dialogue with China. It is just Dalai Lama's wishful thinking to go back to Tibet.
If the CTA really wants to fulfill the Dalai Lama's wish, they would have done thing differently. They can start by making friends with China; stop their world tour to condemn China; work with India to see how India can help them. However, until today the CTA is still busy getting donations from the west.
The Chinese government doesn't really trust the Dalai Lama or the CTA. For the past 60 years they have been making troubles for China, condemning China and suddenly they want to become friends? It is hard to believe.
Even though the CTA says they want to go for the Middle Way Approach, asking for only autonomous status from China, but what have the CTA done to gain trust from China? They have not even had one dialogue with China. It is just Dalai Lama's wishful thinking to go back to Tibet.
If the CTA really wants to fulfill the Dalai Lama's wish, they would have done thing differently. They can start by making friends with China; stop their world tour to condemn China; work with India to see how India can help them. However, until today the CTA is still busy getting donations from the west.
I think it is pretty obvious by now CTA knows they have no chance of going back to Tibet and as such tries to drag out the sponsorships for as long as they can. After all, it is for their retirement rather than for their people. If I were the Tibetans in Exile, I would demand CTA to show the accounts since sixty years ago as it is their rights and their monies. They should demand to be trained before CTA totally finished the sponsorships. At the very least they have some skills to help them in their livelihood. Why blame on the enlightened protector Dorje Shugden to divert attention from CTA's failures? 60 years and nowhere close to going home to Tibet. Just stop the pretense already and just say you are heading to a different direction instead of bring down a Protector that everyone could benefit from. So effective and wishfulling!
There is nothing to be arrogant about the CTA. They achieved nothing significant. Everything they have now is given by the host country and they are overly dependent on the Dalai Lama's power and charisma. Without the Dalai Lama, they are nothing.
Tibet: Dalai Lama Calls on Women to Path Way Towards Peace and Prosperity by Taking Leadership Role in Politics and Promoting Human Values
Last week, His Holiness the Dalai Lama spoke to a delegation of 75 women from the Young FICCI Ladies Organisation (YFLO) of New Delhi. He focused on the importance for women to play an active role in our society, saying it could have a positive global impact. He firmly criticized discrimination against women based on religious grounds and therefore assessed education was the only route to social transformation.
The article below was published by BuddhistDoor
His Holiness the Dalai Lama last week urged women to take a more active role in promoting and guiding social values for humanity in the 21st century, noting that more equitable gender roles in society are fundamental to advancing humanity toward peace and economic prosperity for society as a whole.
Speaking to a delegation of 75 women from the Young FICCI Ladies Organisation (YFLO) of New Delhi at his official residence in Dharamsala, northern India, on 18 February, His Holiness explained that if more women took up leadership roles in fields such as politics it could have a positive impact on a global scale. He cited as an example former Indian prime minister Indira Gandhi, the first woman in the history of modern India to hold the post.
“We are now in the 21st century. If we look back at the 20th century, it was a time of violence and fear. Therefore, we should make this century an era of non-violence and compassion,” said the Tibetan spiritual leader. “With regard to compassion, there is scientific evidence that women are more sensitive to others’ pain. Indeed, in human history most warriors, or killers, were men, whereas women consistently show more concern for others’ well-being. In this century we should make special efforts to promote loving-kindness and women should take a leading role in this. They shouldn’t just stay at home, but should support and be actively involved with education.” (His Holiness the Dalai Lama of Tibet)
Founded in 2004, the YFLO is a platform for young women from diverse professional and entrepreneurial backgrounds to interact with each other, with the primary objectives of promoting entrepreneurship and professional excellence, acting as a catalyst for the social and economic advancement of women, and making women aware of their strengths.
The Dalai Lama also criticized discrimination against women on religious grounds and as a result of social customs, observing that education was the only route to social transformation and that women should play a key role in this evolution of gender relations.
“The Buddha gave men and women equal opportunities in that he offered ordination as a bhikshu to men and as a bhikshuni to women,” the 83-year-old Nobel laureate noted. “Although the introduction of the bhikshuni lineage in the Tibetan tradition is something I can’t achieve by myself, I have been able to encourage nuns and women to study. The result is that there are now nuns who have attained the highest level of education [the geshema degree].” (His Holiness the Dalai Lama of Tibet)
On a far more fundamental level, the Dalai Lama continued, women have the ability to mould the society through the compassion of motherhood and their love for their children. Reminding the audience that mothers gave birth to every person alive in the world today, he related how the kindness of his mother had influenced his own life.
The Dalai Lama also reiterated his assertion concerning his own reincarnation, that the next Dalai Lama could well be a woman if circumstances required. He referenced as an example the lineage and spiritual leadership of the Samding Dorje Phagmo, dating to the 15th century, the highest female incarnation in Tibetan Buddhism and the third highest-ranking leader after the Dalai Lama and the Panchen Lama.
“She was particularly kind to me, at the time her youngest child. There was no school in our village and she was illiterate, but she was naturally kind,” His Holiness said. “I had no toys to play with, but instead rode on her shoulders as she went about her work in the fields or with our animals. We, her children, never saw an angry expression on her face. She was kind to us, kind to our neighbours. When victims of famine came to the door, she always found them something to eat. It’s because of her that I am the happy, smiling person I am today.” (His Holiness the Dalai Lama of Tibet)
https://unpo.org/article/21397
STUPIDITY + AROGANCE = SUPER STUPIDITY / IGNORANCE
It is a recipe for disaster! Hence, they are going down and the world will soon forget they even exist.
If they really cared about their culture and people, they would make friends with those in power to ensure their culture survive. Looks like the Dalai Lama is the only one who sees that but I think it is too late.
China is the main player in the global economy. Many countries would want to work with China in order to build a better and stabilize the economy in their country. There is no surprise to see even India is moving their head to China. So by looking at this what will be CTA faith in India? We already know India has stopped attending CTA events and India is very careful of their every move with the CTA, this is to prevent any unnecessary triggering the Chinese. Every country now is looking at how to befriend the Chines and no one will go against him for CTA. The past is the past and now if CTA still doesn’t realize their situation is not good at all, then nothing much can be done. All leaders of their country will set priority to take care of their people’s interests. But unfortunately we don’t see CTA doing the same, instead, they separate their people with religious discrimination which doesn’t bring any benefit to anyone but just suffering and disaster for their own countrymen.
No one can understand how CTA operates in terms of to benefit the Tibetan but very obvious that we can see is that CTA is all the time chasing their own personal interest. This is the real issue that needs to look into. Much suffering for the Tibetans that have been waiting for 60 years.
Indeed China is very powerful now and very influential. No other country would go against him. Lok at India which very supportive of China needed their help very much. If the host has made China their priority, CTA should be very worried now. India already took a number of action which towards CTA and this is just the beginning.
CTA better quickly do something about it before it's too late. The Tibetan is definitely not in a good position resulted from the incapable of CTA management.