Tags Posts tagged with "China"

China

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The final total of sales which is more than the GDP of countries like Iceland, leaves other shopping days behind. Cyber Monday in the US covered 'only' $3.45 billion in online sales the previous year.

Alibaba, the famous Chinese e-commerce giant, said on Saturday, 11 November that, its Singles’ Day sales has hit $25.4 billion. Alibaba broke its own record from last year and has made this event, the world’s biggest shopping event to happen till date.

Once this day was a celebration for China’s lonely hearts, it has now become an annual 24-hour buying frenzy. Single’s day exceeds the combined sales for Black Friday and Cyber Monday which are similar very popular events in the United States.

By midnight, Saturday, Alibaba’s ticker of live sales registered 168.3 billion yuan of sales. This was up by 39% from 120.7 billion yuan that Alibaba registered last year.

This event had begun soon after an event in Shanghai in late night Friday. As soon as the midnight hit, a shower of pre-orders helped in driving a billion dollars of sales on Alibaba’s sales platforms in the first two minutes only and over $10 billion in just an hour.

This event each year gets shoppers around China who scout for bargains and load up their online shopping carts, all the while delivery men & robots brace themselves for an estimated 1.5 billion of parcels which are expected to be delivered over the next six days.

Joseph Tsai, Alibaba’s co-founder and vice chairman, said that, this is a big event for China and for the Chinese economy. He said that Singles’ Day shopping is more like a sport and very entertaining in its process.

Tsai said that rising disposable incomes of over 300 million middle-class Chinese consumers is helping in driving the company’s online sales and would continue to do so.

The final total of sales which is more than the GDP of countries like Iceland, leaves other shopping days behind. Cyber Monday in the US covered ‘only’ $3.45 billion in online sales the previous year.

Investors have closely watched the headline number, though according to some analysts it might have discrepancies. The U.S. Securities and Exchange Commission had launched a probe into Alibaba’s accounting practices the previous year, including into its Singles’ Day data. This investigation is still ongoing.

At Alibaba’s Friday night gala, the company hosted popular guests including the actress Nicole Kidman, famous singer Pharrell Williams and a few Chinese musicians and film stars such as Fan Bingbing and Zhang Ziyi.

This excitement around the shopping gala, however, masked the challenges that currently face China’s online retailers. The Chinese giants nowadays have to spend more to compete for online shoppers in a broader economy because of slower growth.

Alibaba has said that, it had turned over 100,000 physical shops around China into “smart stores” only for this year’s event. Goods checked out by people at the stores, then bought & paid for on Alibaba’s platforms, were also added in the sales total.

Online retailers are now being forced to make way offline as well as overseas to attract new shoppers, and the online retail market is now close to saturation. This raises questions about whether the current rapid growth could be sustained for a period of time.

 

-Archit

 

 

 

 

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Baidu says partners can now access latest obstacle perception technology and high-definition maps, among many other features.

Chinese search engine Baidu Inc. on Thursday, 21 September 2017,  announced a 10 billion yuan ($1.52 billion) autonomous driving fund which is a part of a wider plan to speed up its technical development and compete with its U.S. rivals. This newly christened “Apollo Fund” will invest in 100 autonomous driving projects over the next 3 years.

After years of internal development, in April, Baidu decided to open its autonomous driving technology to third parties. This move it hopes will accelerate development and help it compete with U.S. firms Tesla Inc. and Google project Waymo.

In its latest update, Baidu says partners can now access latest obstacle perception technology and high-definition maps, among many other features.

This comes amid a wider reshuffle of Baidu’s corporate strategy as the company is looking for new profit streams outside its core search business. This had resulted in loss of a large chunk of ad revenue in 2016 following strict govt. regulations on medical advertising.

Baidu now has 70 partners across several fields in the auto industry, it says. Existing partners of Baidu include microprocessors firm Nvidia Corp and mapping service TomTom NV.

Despite rapid growth in its partner ecosystem, Baidu faces several challenges like negotiating local Chinese regulations, which have in the past, stopped the company from testing on highways. In July local Beijing police said it was investigating a complaint that the company had broken city traffic rules by testing a driverless car on public roads as a part of demonstration in a press event.

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The Japanese relationship is very crucial to us at such times, in the face of a possible confrontation with China.

The Cold War is marked for shifting the geopolitical centre of gravity from the Euro-Atlantic to the Indo-Pacific region. Asian economies are now worth for more than half of global GDP and are becoming larger.

According to President Xi Jinping’s ‘two guides’ policy, China should guide ‘the shaping of the new world order’ and safeguard ‘international security’. The BRI is also complemented by a growing Chinese naval presence in the Indian Ocean.

Differences with China did not begin with Doklam, they began long ago in the form of:

  • Visa issue for Indians belonging to Arunachal Pradesh and Jammu and Kashmir.
  • Growing incidents of incursions along the disputed boundary.
  • Blocking of India’s bid to join the NSG.
  • Ensuring that Pakistan-based terrorist groups found no mention in the BRICS summit in Goa.
  • And preventing the inclusion of Masood Azhar from being designated as a terrorist by the UN Security Council by exercising a veto.

 

The Japanese relationship is very crucial to us at such times, in the face of a possible confrontation with China. Mumbai-Ahmedabad high speed rail corridor is more than symbolism. It demonstrates that high-cost Japanese technology is viable in developing countries and also that India has the absorption capacity to master it. Another major initiative that is recently launched is the Asia-Africa Growth Corridor to build connectivity for which Japan and India has committed $30 billion and $10 billion respectively. However to make this critical ‘global partnership’ work between the two countries, India needs to change its style of implementing projects abroad. That is because most of our overseas projects have been plagued by cost and time over-runs.

 

 

 

 

 

 

 

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One thing seems to absolutely clear now that, though slowly and steadily but prime minister Narendra Modi’ s foreign trips are accompanying fruitful results and his diplomatic outpouring and maneuvering, exhibiting positive results, particularly in terms of sending clear and loud message to mighty powers like China that India of 2017 is indeed now different from the India of 1962, when it suffered at the hands of the dragon, being militarily ill equipped and weak.

The visits of prime minister Modi to foreign lands after his becoming prime minister were severely criticized by the opposition, castigating him for wasting the exchequer’s money and accompanying no concrete and fruitful results to improve the economic climate of foreign investment in the country but the way , prime minister Narendra Modi and his efficient team on foreign affairs and national security has exhibited the dexterity to resolve the extremely complex Doklam issue by making obstinate and erroneous China come to the negotiating table and reach a mutual agreement, including impressing China’s bete noire Japan and the US to be India’s most trusted and long lasting friends, speaks of the fact that Narendra Modi has today proved himself to be an efficient prime minister to have elevated India’s image internationally and also countered and morally degraded India’s arch rival China and Pakistan diplomatically.

Prime minister Modi’s two visits to United States of America, France, Germany, Abu Dhabi, England, Japan, China, Myanmar, Bangladesh, Myanmar and to several Saarc nations as well, have been quite successful in the sense that not only has the former succeeded in cornering China and Pakistan but has also brought tremendous amount of foreign investment including arriving at unanimity on effectively and with heavy hand countering all forms of terrorism, especially those engineered and sponsored from across India’ s border Pakistan. Today, China and Pakistan are almost isolated in the international arena with the majority of the western nations, Asian/ Saarc countries and the middle east backing India against the Dragon and Pakistan. Prime minister Modi’ s efficient leadership role among st the SAARC nations and its recent bid to come to the aid of neighboring Himalayan kingdom Bhutan on Doklam impasse compounded with making BRICS nation agree on unitedly fighting the Pak sponsored terror outfits viz Laskare Tayyeba, Hizbul Mujahiddin, Haqqani network etc is a step forward in the elevation of India’ s leadership image globally.

The recent frustration of China in the form of its foreign ministry spokesperson Hua Chunying’ s statement in the context of India’ s deepening ties with Japan that India should forge partnership and not alliance with Japan, its permanent bete noire is a clear indication that prime minister Modi’ s successful diplomacy by making Japan its most trusted and all weather friend after the US and other nations of the globe, has shattered the confidence of China. What do you say, friends?

SUNIL NEGI

The international political scenario is heating up steadily and gradually. The main reason and crux of this heat is none other but expansionist China, Pakistan and North Korea, the difficult trio who’ve literary disturbed the whole equation of the otherwise peaceful and tranquil South Asian Subcontinent.

Now Russia also seems to have completely fallen in the trap of notorious China. Today, on the one hand while India and its prime minister Narendra Modi is succesfully establishing cementing friendly relations with the dragon’s bete noire Japan’ s prime minister Shinze Abe by having ten meetings with him in just a short span of three years after his assuming charge as the prime minister of the largest democracy of the world since 2014, including having dinner diplomacy today as well in Gujarat, the two powerful heads of the developed nations China and Russia are finalising deals to help and support India’ s arch rival Pakistan at all costs in the event of United States of America taking any stand against it.

The two Asian giants have pledged to stand with terror supporting Pakistan in any eventuality, particularly if United States stands against it, blocks monetary aid and applies sanctions in future. This recent development has unambiguously created two separate blocks with Pakistan being their common unstinted and faithful ally, come what may.

This unique declaration by China and Russia to cohesively stand in support of Pakistan against a super power America directly and against India indirectly, especially when China’s bete noire Japanese Prime Minister Shinze Abe is India’ s guest and likely to sign various bilateral agreements of assistence and mutual cooperation to the tune of 5 lakh crores that also includes an over ambitious hi tech bullet train project with Japanese support, from Ahmedabad to Mumbai, speaks of the fact that China is today the most jealous country who wanted to see India doomed at any cost.

The deflection of Russia from the path of Indian friendship after having been influenced by China is the result of India’s increasing closeness towards United States of America as a permanent ally and the special treatment being meted out to India and Prime Minister Modi by President Donald Trump by taking Pakistan to task on Afgan policy and giving extra weitage to India.

Since the day, United states of America, its Congress and President Donald Trump had scolded Pak rulers on Afgan policy and held it directly responsible for aiding and abetting terrorism in Afghanistan and Pakistan by openly supporting the Talibanese and Haqqani Network, unabatedly killing the American soldiers and military officers and stopping the annual US aid of 255 million US dollars, since then the badly frustrated Pakistan has started unstinting efforts to approach its actual God Father China who has further roped in Russia to stand strongly and forcefully with Pakistan.

Today China, Russia and Pakistan are the common enemies of mighty United States of America and the silent foes of this trio are India, US, Japan, England, Saudi Arabia, Europeon Union and the NATO countries, who are today in princple and spirit strongly unified agaist them ( the above trio) who are constantly instigating North Koria and its paranoid ruler to expode nuclear missiles on Japanese sea to intimidate US and Japan which expansionist China and Russia can’t ever think of endeavoring themselves to annoy the mighty US. Reports are also pouring in that anti US, Iran who was restricted by the former to disengage its Nuclear Missile programme is also trying to join China and Russia to stand in support of Pakistan in the eventuality of United States’ anti Pakistan posture in the near future.

Meanwhile, in view of Pakistan’s open hostile posture against US by establishing more cohesive proximity with China and Russia and the duo’s concrete assurance to stand with Pakistan in the event of US leaving it, President Donald Trump has softened his obstinate anti Pak stance and has expressed its willingness no to loose its taditional and long term Ally (Pakistan).

The United States has reassured Pakistan to release the financial aid if necessary and is trying to reassure the annoyed Islamic nation to come to terms with it.

SUNIL NEGI

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TOKYO - JULY 10: Chinese Six-Party Talks chief Wu Dawei (R) shake hands with Japanese Foreign Minister Hirofumi Nakasone (L) at the Ministry of Foreign Affairs on July 10, 2009 in Tokyo, Japan. Wu, a chair of Six-Party talks which aims to North Korea's denuclearization, is on tour to Russia, South Korea, Japan and United States to resolve the current situation. (Photo by Junko Kimura/Getty Images)

Expansionist China will never improve and its usual habit of bullying its neighbors will never go.

The previous records and behavior of China with India have been of total betrayal and deceits. Whether it’s the Dragon’s misadventures on India’s border territories or its illegal and arbitrary intervention in the South China Sea, it has not even spared the United States of America and is even forcibly trespassing in the sea waters of Vietnam, Seychelles and several other countries of the subcontinent with an eye to expand its trade manifold.

The US has strongly reacted to the China’s misadventures in the South China sea and has warned it of dire consequences in case the later does not mend its ways. Now take the recent instance of the resolution of the seventy days old standoff between India and China which has been welcomed by India in all earnestness but the Chinese officials and politicians at the helm are still not controlling their tone and tenor and are behaving in an irresponsible fashion. This is really absurd and against the international diplomatic standards.

As per the news dispatches from the Chinese capital Beijing the Chinese foreign minister instead of welcoming the gesture of the amicable settlement of the Doklam issue is hell bent upon issuing statement of warning to India saying that India should learn lessons from the recent standoff of Doklam and should in future never ever try to intervene or intrude into the land of any country claiming Doklam to be in the legal occupation of China whereas the fact remains that it is the Bhutanese territory and Thimpu has already signed a treaty with it {China} for maintaining a status quo and non interference or carrying out any activity in the Doklam plateau. But expansionist  China would never relent. It still patrols this area and claims it to be in China’s vicinity. The Chinese foreign minister issued this statement while addressing the media giving briefings on the upcoming summit of BRICS NATIONS being held in China.

This three-day summit will be chaired by the Chinese president Xi Jingping and addressed by all the heads of the BRICS nations. Sounds shocking and surprising that instead of expressing satisfaction and happiness over the amicable settlement of the 70-day old Doklam standoff between India and China the China foreign minister prefers to issue warning or lessons to prevent such misadventures whereas it was the dragon that committed the blunder of trespassing the Bhutanese territory and building road in the Doklam plateau, not India. Say the news analysts: the stand of China on Doklam against India is vitriolic and highly scathing.

SUNIL NEGI

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The visit of prime minister Narendra Modi to China in the first week of September to participate in the BRICS SUMMIT would definitely be a successful endeavor as the complex stand off between both the countries on the Doklam issue stands resolved to the satisfaction of both the countries.  
 
The prime minister will be in China on 5th and 6th September and would visit Myanmar on 7th. The heads of India, China, Russia, South Africa and Brazil are participating in this significant meet on security matters and other issues of mutual significance.
 
Being the largest democracy of the world and a super power in the making India holds an important position in this venture. Though China too is a very significant country being a highly progressive nation in terms of trade, technology and man power. Relations of India had been at loggerheads with China since 1962 war on border differences and there have been umpteen instances of China breaching the bilateral border agreements putting the Indo-China relations in further quandary.
 
The dragon has not only back stabbed  India in 1962 defying the established principle of peaceful co- existence and the popular slogan of HINDI-CHEENEE BHAI BHAI but has also intruded into Indian territories at Arunachal Pradesh, Sikkim, Ladakh, Barahoti, Uttarakhand and border of Bhutan recently at the China, Sikkim and Bhutan Tri Junction thus posing a direct threat to our Siliguri corridor of the North Eastern States. There had been a number of bilateral visits of Prime Minister Modi and Chinese president Xi Jingping in India and China, respectively but to no avail. The national security advisors of both the countries too visited each other and held a number of bilateral talks but nothing fruitful happened except the latest settlement of the military and diplomatic stand off of two and a half-month-old  Doglang/Dokalam issue. Now the visit of prime minister MODI  to China on the sidelines of BRICS SUMMIT is being viewed as an extremely significant one that would perhaps open doors for more viable results in terms of the settling of border disputes and promote trade relations to new levels.
 
It may be recalled that China had been opposing India’s attempts to seek membership of  NSG and SC of UN since long and massively aiding and abetting Pakistan our arch rival, politically and militarily and has also invested 40 billion dollars in POK in it’s over ambitious China Pakistan Economic Corridor project. It has made its military base in POK to be used against India in the eventuality of war either with Pak or China. Let’s hope for the best that Prime minister Narendra Modi’s China visit helps in cementing good and trusted relations with the dragon and a new chapter in Indo-Sino relations takes shape in the near future. After China prime minister Modi will also visit Myanmar and meet its head of the state including noble laureate Aung Sung Kyi and sign bilateral trade agreements. Myanmar is an important neighbor of India and acknowledges tremendous amount of economic and trade help from INDIA.
 
CHINA is trying hard to influence Myanmar but the latter trusts India than to fall into the deceitful trap of the former.
 
SUNIL NEGI

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This is a great news and this development I believe will make every Indian jubilant. Indian foreign ministry’s tweet that both India and China have agreed to disengage their respective troops from the Bhutan, Tibet and Sikkim tri junction at Doklam after three months of long stand off and levelling of charges and counter charges by both the countries, particularly the dragon even going to the extent of intimidating India of possible war.

The process of withdrawal of Army units by both the countries have started slowly but gradually. It may be recalled that the diplomatic efforts by India and China were on the fast track ever since this stand off started in the month of June compounded with harsh statements and intimidatory statements from China. But India always maintained calm and composure and never retaliated either militarily or verbally except on few occasions when India’s defence minister Arun Jaitley in one of the interviews to AAJ TAK said that China should not be under any misconception as India of 1962 is quite different from India of today, a sort of a warning to the dragon who too retaliated verbally saying that India too should keep in mind that China of today is far more militarily advanced from the CHINA of 1962.

Thereafter China attacked India through its state sponsored media like Global Times casting serious aspersions on India and even going to the extent of going to war in case Indian troops did not withdraw from Bhutanese territory Doklam which China illegally and arbitrarily claims to be its own. There after India’s NSA Ajit Doval visited China on the side lines of BRICS security summit and spoke to Chinese NSA and President Xi Jingping but all in vain. But India’s  international pressure on China through US, Japan, Australia and almost all western nations and Europe standing with India whole heartedly in any eventuality and India’s obstinate stand not to pull out from Doklam and Indian Army’s full readiness to fight China has finally pressurized Dragon to accede for the pull out from Doklam, though India has already said that it is ready for it provided China also maintains the status quo but the latter was adamant all the way. 

In a nutshell this seems to be a great victory for India as prime minister Modi is likely to visit China shortly. However, my personal opinion says though the problem has been laid to rest for the time being, expansionist and hegemonous China can’t be relied upon for ever. What do u say friends?

SUNIL NEGI

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Sanctions by Indian Government had forced Nepal to reach out to China.

India must use the visit of Nepal’s newly anointed PM, Sher Bahadur Deuba, on Wednesday as an opportunity to hit to redefine Nepal-India relations. While it is true that India played a major role in ending the Maoist insurgency in 2006, but the period thereafter was marked by escalating meddling in Nepal’s internal affairs.

Sanctions by Indian Government had forced Nepal to reach out to China and sign a treaty on trade, transit and infrastructural agreements with it.

There are many other matters pending between Nepal and India, such as:

  • The impact of demonetisation and the application of GST on Nepal’s economy.
  • Pegging of Nepali rupee to the Indian rupee.
  • The rights of migrant Indian labour in Nepal and Nepali labour in India.
  • Border disputes pending between the two countries, at Susta, Kalapani and the ‘tri-junction’ of Lipulekh.

Nepal has planned to sell electricity to India once it has a hydropower surplus, but Indian government directive says that it will not allow any import of electricity other than from power companies with more than 51% Indian equity.

Internal political instability has made Kathmandu lose its confidence in dealing with the New Delhi. With the self-assurance under its new Constitution, and with India seemingly changing its Nepal policy, one can hope for better relations between South Asia’s largest democracy and its oldest nation-state.

 

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India and China fail to arrive at any solution to the standoff at the tri-junction.

China’s building an all-weather road on Bhutan’s territory, one capable of sustaining heavy vehicles, was heavily disapproved by Bhutan and India. If Chinese claims the Doklam plateau, it would bring China within reach of India’s vulnerable ‘Chicken Neck’, the Siliguri Corridor. This has always been India’s ‘Achilles heel’ (a weakness or vulnerable point).

In 2007, India and Bhutan had made a Friendship Treaty. According to it, the two countries are committed to coordinate on issues concerning their national interests.

Neither side appears to be in a mood to cede (give up) ground. The Chinese side has laid down a condition that, India should withdraw its troops as a precondition, for essential peace talks. Implicit threats have already been exchanged.

Diplomacy should have been the way out, but no bilateral meeting took place between PM Narendra Modi and Chinese President Xi Jinping at the G20 summit. India’s friends are also unlikely to persuade China to step back.

 

PM Modi and Xi Jinping met at the G20 summit but no bilateral talks were held
PM Modi and Xi Jinping met at the G20 summit but no bilateral talks were held

India and China though are reluctant to engage in an open conflict, due to their own reasons. The Chinese economy is slowing down at present and it is also preparing for its 19th Party Congress, at which Xi Jinping hopes to establish full control.

If the situation is to be resolved, it would need the Special Representative Meeting (SRM) that was set up to deal with border issues. SRM has been used previously to deal with border matters. The Special Representatives should, hence, urgently establish contact and work out a modus vivendi (an arrangement allowing conflicting parties to coexist peacefully) that would ensure an efficient solution.